May

05/16/12......The DJIA Has Dropped For 9 Out Of 10 Days

05/15/12......VIX Crosses Above Its Six-Month Average For First Time In 100 Days

05/14/12......The S&P 500 Opened With A Large Loss And At A Multi-Month Low, A Sign Of Passionate Selling Pressure

05/11/12......Small Speculators Surge To A Record Net Long In The British Pound Futures Market

05/10/12......Only 25% Of Individual Investors Expect The Market To Rise

05/09/12......The DJIA Has Dropped For 6 Straight Days While More Than 5% Above Its 200-Day Average

05/08/12......Wall Street Strategists Lower Their Recommended Equity Exposure To Near The Lowest On Record

05/07/12......Speculative OTC Dollar Volume Nears Decade High Relative To The Nasdaq Composite

05/04/12......Smart Money Commercial Hedgers In The Equity Index Futures Increase Their Net Short Position

05/03/12......AAII Survey Shows Jump In Individual Investor Bullishness, But That's Good When It's Still Below Average

05/02/12......Our Intermediate-Term Indicator Score Is Souring As Stocks Are Rising

05/01/12......Real, Historical Volatility Is Close To Exceeding Implied Volatility (VIX)

top of page

April

04/30/12......Mutual Fund Cash Levels Fall To Record Low

04/27/12......Mutual Funds Suffer The 4th-Worst Outflow In Two Years

04/26/12......AAII Bulls Drop To Six-Month Low With The S&P Near A High; Rydex Biotechnology Assets Near A Five-Year High

04/25/12......Neutral Responses Among Newsletter Writers, Despite A Rising Market, Suggests Higher Long-Term Prices

04/24/12......Money Market Assets Drop To A 14-Year Low, But Still Show Uncertainty Given Super-Low Interest Rates

04/23/12......Barron's Big Money Poll Shows Money Managers Are As Bullish As Always

04/20/12......The S&P 500 Has Stayed Within 1% Of Its 50-Day Average For 10 Straight Days

04/19/12......Neutral Responses Are Rising Fast In Sentiment Surveys; Corporate Insiders Are Buying Small Cap Stocks

04/18/12......During A Flat Market Over The Past 8 Weeks, Newsletter Bulls And Bears Are Both Declining

04/17/12......The Risk Appetite Index Has Started To Curl Higher After Being In Extreme Risk-Seeking Territory

04/16/12......"Sell In May" Is Not As Effective When The Discount Rate Is Steady, And Low

04/13/12......Breadth On The NYSE Via The Up Issues Ratio Was Extreme Every Day This Week

04/12/12......Individual Investor Bears In The AAII Survey Drop Sharply Despite A Recent New High In The S&P 500

04/11/12......Up Issues On The NYSE Has Reversed From Low To High, Usually Signaling A Positive Breadth Reversal

04/10/12......The S&P Has Suffered A Sharp Pullback From A High, Not Necessarily A Sign Of Trend Change

04/09/12......The VIX Has Risen For 7 Straight Days; The McClellan Oscillator Is Grossly Oversold

04/05/12......OTC Penny Stock Traders Increase Their Activity, Still Not Extreme

04/04/12......Wall Street Strategists' Fair Value For The S&P 500 Is More Than 3% Below Where It's Trading, Showing Overvaluation

04/03/12......The Financial Sector Has Stocks With Insider Buying But Negative Wall Street Analyst Recommendations

04/02/12......Wall Street Strategists Are Recommending Less Equity Exposure Than Main Street Individual Investors Are Taking

top of page

March

03/30/12......Smart Money Hedgers Across Treasury Maturities Have Established Aggressive Long Positions

03/29/12......Active Investment Managers (Per NAAIM) Increased Their Long Exposure This Week

03/28/12......Nearly All Members Of The HUI Gold Bugs Index Are Trading Below Their Short-, Intermediate- And Long-Term Averages

03/27/12......Bearish (Inverse) ETF Assets Have Declined, But Aren't Yet To 2011's Lowest Levels

03/26/12......Treasury Bond Market Sentiment Has Soured

03/23/12......Commercial Hedgers In The DJIA and Nasdaq 100 Establish Large Net Short Positions

03/22/12......The S&P 500's Weekly Momentum Is Impressive, And Usually Results In Higher Prices Long-term

03/21/12......Risk Appetite Has Reached An Extreme According To Three Separate Brokerage Firm Measures

03/20/12......Sentiment Towards Gold Has Soured According To A Composite Indicator Score

03/19/12......Apple Declares Its First Dividend; The S&P Has Closed Above Its Bollinger Band For 5 Straight Days

03/16/12......No Commentary, Updated Charts Only

03/15/12......No Commentary, Updated Charts Only

03/14/12......No Commentary, Updated Charts Only

03/13/12......No Commentary, Updated Charts Only

03/12/12......No Commentary, Updated Charts Only

03/09/12......Small Speculators Have A Record Net Short In The Japanese Yen

03/08/12......Corporate Insiders Stay Bearish, But With A Wrinkle; Active Investment Managers Get More Bearish - Some Very Bearish

03/07/12......Over The Counter (Penny Stock) Volume Rises In February; Retail And Rydex Money Market Assets Decline

03/06/12......The S&P 500 Has Ended Its Streak Above Its 20-Day Average

03/05/12......The Nasdaq 100 Suffers Its First -1% Down Day In 45 Sessions

03/02/12......Speculators In Four Energy Contracts Reach A Record Net Long Position

03/01/12......The S&P 500 Has Gone 50 Days Without Closing Below Its 20-Day Average, And Has 35 Positive Closes

top of page

February

02/29/12......Apple Hit $500 Billion In Market Cap; Precedents Led To A Poor Market

02/28/12......There Simply Isn't Much Change Among Our Indicators

02/27/12......McClellan Oscillator Stays Negative As S&P 500 Hits A High

02/24/12......Crude Oil Hit A Nine-Month High As The S&P 500 Reached Its Own High

02/23/12......Wall Street Strategists Lower Their Equity Allocation As Stocks Rally

02/22/12......The Russell 2000 and DJ Transports Diverge From The S&P 500; The ADX Reaches An Unsustainable Level

02/21/12......The DJIA Tends To Under-Perform After Crossing Above A Round Number

02/17/12......The SKEW Index And CS Fear Barometer Are Pricing In A Higher Probability Of A Black Swan Event

02/16/12......New Highs On The NYSE Have Dried Up, Forming A Negative Divergence; Corporate Insiders Pick Up Their Selling

02/15/12......The CS Fear Barometer Nearly Hits A Record; A One-Day Reversal In The S&P Isn't Predictive Of Weakness

02/14/12......The S&P Has Last 30 Days Since The New Year Without A 1% Loss; Rydex Traders Pile Into The Leveraged Nasdaq 100 Fund

02/13/12......The S&P Has Gone 29 Days Without A Negative (For The Year) Close; Signs Of A Short-term Blowoff

02/10/12......Commercial Hedgers Go To A Record Net Short In Equity Index Futures; The S&P Wiped Out The Past Week Of Gains

02/09/12......The VIX Rises Along With The S&P 500; Corporate Insider Selling Picks Up

02/08/12......Sentiment On The US Dollar Has Soured; Rydex Traders Establish A Near-Record All-Index Bull/Bear Ratio

02/07/12......A "Creeper" Uptrend Has A Good Record For Even Higher Prices; Penny Stock Traders Stay Away

02/06/12......There Has Been A Record Amount Of High Yield (Junk) Debt Issued In The Past Week

02/03/12......The Equity Hedging Index Approaches A Decade Low; Commercial Hedgers Increase Their Net Short Position

02/02/12......Individuals' Allocation To Cash Sinks To A Very Low Level; Investment Managers' Exposure And Confidence Rise

02/01/12......Investor's Intelligence Newsletter Bulls Stay Flat As Stocks Rise

top of page

January

01/31/12......Rydex Beta Chase Index Hits An Extreme; Inverse ETF Volume Drops; Baltic Dry And Credit Standards Deteriorate

01/30/12......January's Big Gain Leads To Better Returns

01/27/12......Facebook's IPO Will Rank As One Of The Largest In U.S. History; Commercial Hedgers Go Net Short Equity Index Futures

01/26/12......The 4-Week AAII Bull Ratio Hits A Rare Extreme

01/25/12......Rydex Money Market Funds Dry Up As Leveraged Index Assets Rise; Odd Lot Buyers Pull Back

01/24/12......When Apple Gaps Up 5% Or More Following Earnings, Broader Stock Returns Have Suffered

01/23/12......The S&P 500 May Soon See A Golden Cross; Newsletter Writers Pile Into The Nasdaq

01/20/12......Rydex Traders Have Avoided The Biotechnology Fund, While Others Haven't

01/19/12......SPY And QQQ Liquidity Premium Hit Extremes; OTC Volume Picks Up; Nasdaq 100 After Up Opens On Intel Earnings

01/18/12......Intel Earnings Report As A Bellwether; Positive Earnings Surprises In The S&P 500 Are The Lowest In 11 Years

01/17/12......Baltic Dry Index Collapses, But May Not Matter; Hulbert Nasdaq Newsletter Sentiment Surges Higher

01/13/12......The Intermediate-term Indicator Score Is Extreme; Sector Performance After The MLK Holiday

01/12/12......Next Week Is A Pivotal One For Tech Stocks; OEX Open Interest Rises; AAII Bears Stay Historically Low

01/11/12......A Negative Divergence In The McClellan Oscillator Has Not Been Negative For Stocks

01/10/12......OEX Put/Call Ratio vs Equity Put/Call Ratio; CS Fear Barometer vs The VIX

01/09/12......Nasdaq / NYSE Volume Ratio Spikes Higher; January Earnings Season; 2011's Historic All-Or-Nothing Days

01/09/12......Data Brief - Sentiment Scores Ahead Of Earnings Season

01/06/12......Unfilled Gap Bodes Well; Seasonality Does Not, Especially With The VIX This Low

01/05/12......Rydex Mutual Fund Traders Abandon Technology; Rough Seasonality After January Nonfarm Payroll Report

01/05/12......Data Brief - The AAII Bears Have Scattered

01/04/12......A Big Unfilled Gap With Next-Day Follow-Through Bodes Well; Continuing Higher After An Overbought Up Volume Ratio

01/03/12......Surge In Call Option Trading; Negative Price Pattern

01/03/12......Data Brief - Good Start...

top of page