Via Dana Lyons’ Tumblr,We’ve used much of the space here in the past several weeks pointing out the deteriorating breadth conditions in the U.S. equity market. The trend has been so profound it has now reached the point where it could potentially shift from one of short or intermediate-term relevance to something that might impact the longer-term cyclical bull market. […]
Stocks Peak in 2000The chart below shows the 2000 peaking process in the NASDAQ. The index made a lower high, a lower low, and then dropped below the 50-day moving average shown in blue.Stocks Peak In 2007The chart below shows the 2007 peaking process in the NASDAQ. The index made a lower high, a lower low, and then dropped below […]
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V-shaped recoveries have become the accepted norm and this has held true through December when once again a swift dip was quickly bought and the indexes returned to new highs. As the recent dip struggles to make a new marginal high, has this tried and true formula begun to run it’s course? It seems odd to me that the one […]
After neglecting my writing for some time the New Year is as good as any to begin the practice gain. Upon reviewing 2014 I’ve decided to drop a few things from my tool box while replacing them with some fresher ideas that I’ve been working on. The first wrench that I plan to use more frequently is using sectors through […]
