The uptrend has yet to end, but I traded FAZ as the financial sector faltered this afternoon. Though the above chart doesn’t show it, there is a good deal of resistance in the S&P 500, and some horizontal consolidation could be in the works. Investors should remain cautious due to the meager number of rising…
I’ve been doing a great deal of day dreaming and wishful thinking these past weeks. So I figured I’d try making some visualizations of my thoughts. Aside from depicting an S&P 500 in a short uptrend approaching resistance, this graphic has some other interesting things. Imagine all of the financial data you interact with, and…
Calling bottoms ain’t all that easy, that’s why I watch percents and volatility. As stocks rise and volatility falls, this chart moves up and is good for the longs. The first X we’ve seen in a month, the bulls have momentum, I’m in the run. The news will confound you, GE’s ratings and all, but…
Today’s action was pretty intense. What does it mean for the SPX? Trade with caution, the trend is down. I’m buyin’ stocks ’cause sellers ain’t ’round. Volatility dropped, more stocks rose. This is a good sign to dip in your toes. Danger abounds, investors beware. Traders rejoice, reversion is here. Potential SPY resistance and support…
To be wealthy in life, you gotta recognize iced dice. Today’s odds are dangerous, don’t catch a falling knife. This is a composite of two derivatives, the Record High Percent (SPXHILO) and Volatility (VIX) Indexes. Together, they describe a market probability, the percentage of stocks at new highs/volatility (SPXHILO:VIX). Making money is easier when stocks…
The S&P 500 took a beating today, and there is no sign of an end to the selling. Volatility continues to increase amidst a declining number of rising stocks. Priced in 10Y T-Bills, the SPX is making a waterfall with no noticeable support to stop it. There is no reason to call a bottom in…
The 5 least correlated positive return ETFs show numerous markets cracking critical support and making new lows. S&P 500 indicators are bearish across the board. The market remains fahklempt, buyers beware. The only positive things I see are emerging markets holding above the November lows, and Treasuries failing to make new highs, despite ominous news…
My Internet is terrible, and thus this post is gonna be short and sweet. Despite today’s fall in the S&P 500, my Bullidex chart has begun printing a new row of X’s. This is a bullish signal, indicating a decrease in volatility and and increase in the % of rising S&P 500 stocks.
Despite the buoyancy of some financial stocks, the market remains in liquidation mode with fewer stocks in bullish formations and increasing volatility. Cash remains king, whether it be greenback or gold. Until the above chart begins to show a new row of X’s on the far right, there is no need reason to get long…
I’m fortunate to be in cash and gold, this market looks hella ugly. Volatility is rising and there are fewer stocks trading in bullish formations according to the Bullidex. I’ve noticed that my rant on Antal E. Fekete is growing in popularity, and while that’s all well and good, I’ve changed my position on gold…