Small-cap bulls better put foot down and save RUT’s 200DMA

posted in: Derivatives, Equities, Technicals | 0

Russell 2000 suffers false breakout before retreating quickly Hedge funds not showing much interest in going net long RUT futures With 200DMA one percent away, small-cap bulls have opportunity to put foot down The Russell 2000 Small Cap Index is … Continued

Momentum is breaking down, bulls better step up to the plate

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

Rather quick deterioration in momentum in U.S. stocks From sentiment to Greece to $, worrywarts have plenty of things to worry about Next couple of days will be crucial for bulls to step in and try not to let things … Continued

Stocks at a crossroads, rallies will probably get sold for now

posted in: Equities, Technicals | 0

With massive inflows just last week, stocks need another to stay afloat With at least three important events on calendar, Jan can throw wrench in the works With stocks holding up amidst signs of preference for risk-off; opportunity to sell … Continued

Bulls retake baton, as RUT eyes golden cross

posted in: Derivatives, Equities, Technicals | 0

After impressive two-day advance, Russell 2000 on verge of bullish golden cross Potential unwinding of VIX surge of early this week to act as tailwind for stocks In the end, rally nothing but gift for patient bears to short from … Continued

VIX spike-buy signal in the making near-term?

posted in: Derivatives, Equities, Technicals | 0

Sellers take advantage of early-morning strength to sell more stocks Amidst this, transports, high-yields draw buyers; panic noticed in VIX:VXV action Trade could be developing, but given developments in energy space, sustained rally not probable Another ugly day!  Could have … Continued

Yesterday’s lows significant for at least rest of December

posted in: Equities, Technicals | 0

U.S. stocks quickly shake off China- and Greece-induced worries Can bulls use the reversal as opportunity to mount a breakout on Russell 2000? Several technical indicators have room to move higher still before they get overbought Whoa!  Some reversal that … Continued

Small-caps’ probable path of least resistance remains down

posted in: Derivatives, Equities, Technicals | 0

Laggards since March, small-caps continue to fall behind large-caps With increasing signs of distribution, RUT, IWM face technical hurdles More pressure ahead if/when non-commercials start adding to net shorts Since end-September, large speculators have drastically cut back on their net … Continued

Offensives’ performance last wk trend change or passing Dec phenomenon?

Inability of offensives to take the lead has been a thorn in the side of rally since Oct 15th low Outperformance last week of XLY vs. XLP and HYG vs. LQD sign of trend change? Duel on between seasonally favorable … Continued