Black Friday weekend is here and the holiday shopping season is just getting started. While I have no clue which retailers will be the big winners or losers this season, the mobile payments industry is likely to be a big winner.
‘Tis the Season for Mobile Payments Read More »
Several finance-related ETFs and stocks broke out with big moves from early October to early November. Many of these then stalled over the last two weeks and this rest could be the pause that refreshes. Today we will look at performance for the finance-related ETFs and the bull flags taking shape in three banking stocks
Big Banks Hold Big Breakouts and this Laggard May Play Catchup Read More »
The S&P 500 SPDR and Nasdaq 100 ETF recorded new all time highs this past week, while the S&P MidCap 400 SPDR hit a new 52-week high in November. Sounds bullish, but the S&P SmallCap 600 SPDR and Russell 2000 ETF are still well below their 2018 highs, even though they are very close to 52-week highs. Which index ETFs tell the real story here?
There is (almost) Always Cause for Concern Read More »
The character of the stock market changed over the last six to seven weeks as the market took on a more offensive tone. Stocks were already in bull mode, but we are now seeing stocks outperforming bonds. In addition, momentum and offensive sectors are leading.
The Offense has Taken the Field:
Here are Three Signs Read More »
New highs expanded in the small-cap universe over the last few weeks and this indicates that the bull market is broadening. This post will first look at the high-low pairs for the S&P indexes and then apply a 20-day SMA to show the improvement in new highs over the last few weeks.
New Highs Expand within Small-caps Read More »
My assumptions and biases are based on the bigger trend because it is the dominant force at work. When the trend is up, I view the cup as half full and expect more bullish resolutions than bearish resolutions.
The State of the Stock Market – Key Assumptions Determine Probabilities Read More »
When looking at charts, it is important to focus on what IS, not what MIGHT be. Let’s try with SPY.
The Trend Evidence for SPY Read More »
This weekly commentary, featuring the S&P 500, Index Breadth Model and Sector Breadth Model, is designed to deliver an unbiased view of the current stock market environment. Models, while not perfect, provide a clear process driven approach for evaluating the market. Focusing on present signals, instead of future possibilities, models reflect the current state of
The State of the Stock Market – Concerns Versus Evidence Read More »