Amidst deteriorating U.S. earnings picture and geopolitical uncertainty, stocks resilient Major indices break out, but how much buying power did bulls expend? Breakouts deserve respect, unless they are proven false Are U.S. equities trying to tell us something? Almost out … Continued
Bounces are normal within established downtrends 2015 starts out lousy; selling/shorting rallies ka-ching so far this year Should Draghi disappoint next week and U.S. stocks get sold, weakness probably gets bought For ardent believers of “as goes January, so goes … Continued
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
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
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
Bulls squander opportunity by failing to defend Tuesday’s lows on S&P 500 and Dow Put-to-call ratios just turning up, and have ways to go before they get overbought VIX surges 57% in three sessions; investors seek to protect 2014 paper … Continued
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
The ratio of VIX to VXV is below 0.80 in early trading today. Early October, it was grossly overbought and was begging us to go long stocks. Now it is the opposite. Near-term volatility has collapsed. In the past, whenever … Continued
VIX:VXV itching to move higher, which could put stocks under pressure VIX suggests calm, but SKEW points to institutions buying tail-risk protection Put-to-call ratios have had extreme readings past several sessions on both CBOE, ISE The S&P 500 Large Cap … Continued
VIX looks to be setting up to move higher near-term Medium-term technicals halfway through unwinding overbought conditions Long-term, potentially saucer bottom in making, could be headed a lot higher in months to come Last Friday, even as all the major … Continued