Risk-Reward Dynamics Argue Better Dip-Buying Opportunities Ahead N/T

posted in: Derivatives, Equities, Technicals | 0

Once Again, a rally in VIX was used as an opportunity to sell – sell hard. Last Friday, in the wake of the Michael Flynn news, VIX shot up to 14.58 intraday but only to end the session up 0.15 … Continued

Amidst Persistently Complacent Investor Sentiment, S&P 500 Shows Signs Of Fatigue

posted in: Equities, Technicals | 0

Investor sentiment continues to remain exuberant even as, for the first time in a while, there is a chink in the S&P 500’s armor. Investors Intelligence bulls this week jumped 2.3 points week-over-week to 62.3 percent.  This was a third … Continued

Investors Intelligence Bulls:Bears Flashes 4 – Potentially Marking S/T Peak In Stocks

posted in: Equities, Technicals | 0

This week, Investors Intelligence bulls registered 60.4 percent.  This was the highest since the week ended March 1 this year.  Bears were 15.1 percent – the lowest since the week ended May 26, 2015. Particularly post-presidential election last November, investor … Continued

Despite Massive Rally Off Feb 11th Low, Investor Sentiment Not Effusive

posted in: Derivatives, Equities | 0

The magnitude of the equity rally the past couple of months has surprised many. Off the February 11th low through Thursday’s high, the S&P 500 index rallied 15 percent. This, despite the fact that equity flows into U.S.-based funds have … Continued

Equity Bulls Likely To Have Tough Go Of It

U.S. stocks began 2016 on the wrong foot.  That is an understatement. In fact, major indices peaked intra-day on December 29th (2015).  Using that high, the S&P 500 large cap index through the intra-day low on January 20th lost 13 … Continued