4 Mar 2019

After 9 Weeks Of Rally, Signs Of Fatigue Last Week On Russell 2000/IWM

by | posted in: Derivatives, Economy, Equities, Technicals | 0

US stocks are on fire.  The Russell 2000/IWM was essentially unchanged last week, with the index down 0.03 percent and the ETF up 0.06 percent.  This followed nine weeks of persistent rally, during which they jumped 34 percent.  Conditions are … Continued

30 Jan 2019

Bulls Use Up Buying Power In Defense Of 2600-2630 on S&P 500 – VIX Itching To Rally

by | posted in: Credit, Derivatives, Equities, Technicals | 0

Bulls continue to defend 2600-2630 on the S&P 500.  Breach risks are rising.  VIX, which since October has stayed rather elevated, is itching to rally. After a three-month, 20-percent drop, the S&P 500 large cap index (2640) bottomed intraday on … Continued