The S&P 500 is set to open near a one month low this morning, as SPX futures are down about 7 points. Why? My Bloomberg headline reads, “Stocks Drop with Bonds on Egypt Violence” FT: …
Continue readingDJIA
Each morning, I do a quick health checkup on the market, looking at various internal indicators. Market indices like the S&P 500 (or even worse, the DJIA) that we’re conditioned to look at are hardly …
Continue reading
Today I wanted to present one bullish chart and one bearish chart. First, the bearish chart, courtesy of the prolific Josh Brown at TRB: Chris Kimble at Kimble Charting Solutions shows us the S&P 500 …
Continue reading
Market breadth is a topic with its own library of literature. Books from a century ago by stock market operators mention the importance of market breadth. Here’s an excerpt from Justin Mamis’ 1991 book, The Nature …
Continue reading
Let’s get the Dow Jones Industrials all-time highs out of the way. This market feels like it will be easier to handle once that psychological benchmark is taken out. Because when I stack the positives …
Continue readingI came across a great post last week from the Brooklyn Investor blog with an equally compelling point about the chart, so I simply borrowed from him for today’s CotD. It’s actually a log chart …
Continue reading