As the stock market's sentiment relief rally has labored on, volume has diverged It's not usually a good sign when an index, ETF or individual equity rises on diminishing volume.…
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…
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…
When downside leaders like the small caps finally revert upward to their previous (down) trends, maybe then the market will top out and the sentiment rally will terminate. If moves…
In light of the dynamics in play in the interest rate market, one might want to watch a sector that favors rising interest rates (the Banks, given ZIRP at the Fed’s discount window) vs. rising yields out along the curve. Even though the curve is dropping, if we assume that banks are funded near 0% their lending out across the curve would have a profit motive.