Not very happy signaling from the Pigs Neither nominal KBE... ...nor the KBE/SPY ratio are looking very good in the face of rising yields. Indeed, KBE above is in a…
Man stares at NDX chart, sees RSI/MACD divergence It's far from the most important news in the world, even financial market news. Indeed, NDX has a case for an eventual…
Zscaler breaks the scale with the weight of bloated valuation I love the company. I love its cool name. I love its growth. But yesterday's add of FTNT (and its…
VIX spike is getting excessive Regardless whether this is the start of a bear market (and the changing moving average trends on the VIX indicate it could well be), the…
As the US stock market corrects... US indexes are largely intact, and that includes NDX, even as everybody hates Tech now. SOX is intact too, but as we've noted for…
Small caps (IWM) are precarious There is an old saying among the men who stare at charts... "The more times a support level is tested the weaker it becomes." Okay,…
Small Caps (IWM) are at a technical decision point And that decision is between breakdown or a hold of the daily trends of the SMA 50 (intermediate) and SMA 200…
The Medical Device ETF is breaking a trend line We have tracked market leadership by the SOX>NDX>SPX chain closely in NFTRH. It is one of the keys to an ongoing…
Small Cap (Russell 2000) iShares is at important support The chart of IWM implies that the correction needs to end sooner rather than later or some markets are going to…
NDX and SOX filler their upper gaps Ref. last Thursday's... Not in love with these gaps While SPX and DJIA are still working on theirs, the market leader (Tech) and…
US stock market indexes sporting gaps Gaps don't need to fill on any given time schedule, but unless they are pure breakaway gaps they will usually fill sooner or later.…
Banks are posting a strong quarter The inflation (money printing by the Fed) has brought reflation (economic benefits of said inflation) and none are more targeted for benefit than the…
Rah rah sis boom bahhhhh, gold explodes higher vs. stocks! And buggish cheer leaders are of course micro managing it. One day perma-bullish squirrel finds nut.* Is today that day?…
Peabody Energy stock (BTU) takes off I know as much about coal for energy and steel making as I do about nuclear thermal propulsion. That is, basically nothing. I leave…