TraderFeed: New Highs and Lows in the Stock Market and What They Tell Us
New Highs and Lows in the Stock Market and What They Tell UsIf you’ve followed the blog for a while, you know that tracking the number of stocks across all exchanges making fresh one- and three-month new highs versus lows is one of my favorite measures of […]
Stocks moved smartly to new highs in the major averages this past week. Sector rotation was particularly noteworthy, with former leaders utilities and consumer staples–defensive and yield plays–falling behind and more growth-oriented sectors–consumer discretionary and raw materials–showing particular strength. This reflects strength in U.S. economic data and an increased pricing of odds that the Fed will begin to normalize interest […]
Recent market behavior in stocks has been confusing for traders, as we’ve had a good deal of volatility during 2015, with little ultimate directional movement. VIX has stubbornly stayed above 15 for much of this time, a notable change from most of 2014. Here are three views of breadth in the U.S. stock market that can help us make sense […]
