Stocks Look Euphoric Again—and History Says a Pullback May Be Next
Bullish sentiment is surging across key indicators, and similar setups recently led to fast S&P drops. This market may be due for a shakeout.
A Lower High for New Highs?
Today saw a rise in new highs on the NYSE, but there were still about 20% fewer than just two weeks ago.
Traders Are Complacent, But Is the Market Headed to ‘Anxiety’?
The market continues to follow the sentiment cycle chart, and it appears that we’re currently at ‘anxiety’.
Looking for Stocks to Reach Oversold Levels
It’s likely that they’ll get there, but probably not until next week.
The Others Catch a Bid. Is That Enough to Overcome an Overbought Market?
Some of the year’s weakest stocks enjoyed a green day. But the market remains intermediate-term overbought. Will that be enough to get investors to commit new capital?
There’s Good News and Bad News
Let’s take a look at the positives and negatives within recent market action.
We Can Call Options Traders Quite Giddy
While other measures of sentiment show complacency, it’s the options market where things are out of hand.