Unless momentum changes swiftly, the tech-dominated Nasdaq 100 index once again is beginning to lag, creating opportunities for nimble traders. The Nasdaq 100 has come a long way. It is up nearly 29 percent this year – much more than … Continued
Here is a brief review of period-over-period change in short interest in the November 1-15 period in nine S&P 500 sectors. XLB (SPDR materials ETF) XLB (59.14) peaked at 59.62 on October 26. The bears were able to push the … Continued
Here is a brief review of period-over-period change in short interest in the October 16-31 period in nine S&P 500 sectors. XLB (SPDR materials ETF) XLB (58.20) peaked at 59.62 on the 26th. There are signs of distribution of late. … Continued
XLB (SPDR materials ETF) XLB (58.96) is up 3.8 percent month-to-date, and is on pace to rally 12 straight months, with short squeeze helping. In this context, Monday’s reversal candle just outside the daily upper Bollinger band may or may … Continued
Here is a brief review of period-over-period change in short interest in the September 16-29 period in nine S&P 500 sectors. XLB (SPDR materials ETF) The last time XLB (57.93) had a down month was October last year. Month-to-date, it … Continued
Here is a brief review of period-over-period change in short interest in the September 1-15 period in the Nasdaq and NYSE Group as well as nine S&P 500 sectors. Nasdaq Since reaching an all-time high of 6477.77 in a spinning … Continued
Here is a brief review of period-over-period change in short interest in the August 16-31 period in the Nasdaq and NYSE Group as well as nine S&P 500 sectors. Nasdaq After three weeks of lingering, the composite (6454.28) pushed past … Continued
Here is a brief review of period-over-period change in short interest in the August 1-15 period in the Nasdaq and NYSE Group as well as nine S&P 500 sectors. Nasdaq Since the composite (6271.33) rallied to a new all-time high … Continued
Here is a brief review of period-over-period change in short interest in the July 17-31 period in the Nasdaq and NYSE Group as well as nine S&P 500 sectors. Nasdaq Back on June 9, the composite (6352.33) developed a big … Continued
Here is a brief review of period-over-period change in short interest in the July 1-14 period in the Nasdaq and NYSE Group as well as nine S&P 500 sectors. Nasdaq The bearish engulfing candle of June 9 when the composite … Continued