Posts tagged as Stocks and Sectors


DAX falls

2020-09-23 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Rush for the exits

2020-09-22 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Equal weighted outperformance

2020-09-18 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Transportation stocks recover

2020-09-17 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Value is *finally* outperforming growth?

2020-09-16 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Industrial stocks storm back

2020-09-15 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


A year like no other since 1932

2020-09-08 | Jason Goepfert


The spread between the best- and worst-performing sectors in 2020 is the most egregious since 1932 through August.

Read More ...

A sector split not seen since 1932

2020-09-04 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Housing stocks are on fire, and optimism is at record highs

2020-08-21 | Jason Goepfert


Homebuilding stocks have been rallying hard, and homebuilder sentiment is at record highs. ETF investors have been funneling assets into XHB.

Read More ...

Growth's continued outperformance

2020-08-21 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Homebuilders have never been more optimistic despite high costs

2020-08-20 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Dow Jones Transportation Average Index

2020-08-12 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


NASDAQ's losing streak

2020-08-12 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Apple just won't quit

2020-08-07 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


NASDAQ's volatile moves

2020-08-07 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


NASDAQ 100's incredible streak

2020-08-04 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


SKEW's upward trend

2020-08-04 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


NASDAQ's extremely low participation

2020-08-01 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


S&P 500's impressive 4 month run

2020-08-01 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


The End of Nadaq 100's epic rally?

2020-07-30 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Gold miners' shining moment

2020-07-29 | Jason Goepfert


Every gold mining stock is trading above its 50- and 200-day moving averages and a near-record percentage of them have hit a 52-week high at the same time.

Read More ...

Shanghai Composite's extreme MACD sell

2020-07-29 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Epic rally of the homebuilders Index

2020-07-29 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Gold miners show perfect breadth

2020-07-28 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Energy stocks show another washout

2020-07-14 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


The FAANMG rally

2020-07-14 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Financials hit hard as they start to report earnings

2020-07-13 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Another day, another new all-time high

2020-07-11 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Emerging market stocks are trying to break away from an unhealthy market environment

2020-07-07 | Jason Goepfert


Emerging market indexes have moved more than 2% above their 200-day averages, yet less than 60% of the stocks are above their own averages.

Read More ...

Emerging markets are showing signs of momentum

2020-07-06 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Weekly Wrap: Questionable participation, a historic Nasdaq run, consumer attitudes

2020-06-27 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Growth vs. value around the world

2020-06-26 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tech's streak is historic, beating every other sector by more than 5% this year

2020-06-24 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tech stocks have run over financials, industrials

2020-06-22 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Utilities stocks have come back after a sudden surge

2020-06-22 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Weekly Wrap: Even more speculation as breadth continues to improve

2020-06-13 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Cyclical stocks are outperforming again

2020-06-10 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Global stock indices getting closer to all-time highs

2020-06-09 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Investors greatly favor safer stocks

2020-06-03 | Jason Goepfert


Stocks with strong balance sheets have fully recovered from their pandemic losses, while stocks in a weaker position are still struggling.

Read More ...

Investors have been clamoring for the strongest stocks

2020-06-02 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Is it finally the time for value?

2020-05-29 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


A month for the history book's - growth's outperformance

2020-05-22 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


NASDAQ almost at all-time highs

2020-05-21 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


A top-heavy market tends to topple

2020-05-14 | Jason Goepfert


The top 5 stocks in the S&P 500 have driven 24% of its gains since the March low. That's among the most top-heavy recovery rallies in 30 years.

Read More ...

What the "smart money" is saying about finance and tech stocks

2020-05-14 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


The top 5 stocks are driving this rally, and that's not good

2020-05-13 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


The unstoppable tech rally

2020-05-12 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Weekly Wrap: More economic weakness as stocks hold up

2020-05-09 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


The tech and growth story (part 2)

2020-05-08 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Gold miners take off while financials sink

2020-05-07 | Jason Goepfert


The ratio of gold mining stocks to the S&P 500 has reached 52-week highs, while the ratio of financial stocks to the S&P has hit a new low.

Read More ...

The tech and growth story

2020-05-07 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Gold miners soar while financials slide

2020-05-06 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Internet sentiment

2020-04-29 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Internet riches

2020-04-28 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


A month after initial surge, energy stocks show record gain

2020-04-27 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Oil funds suffer massive adverse actions

2020-04-23 | Jason Goepfert


The USO crude oil fund, and many other energy and oil ETFs, have suffered reverse splits or exchange delistings in the past month.

Read More ...

Tech's consistent outperformance

2020-04-23 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Oil and energy funds suffer record adverse actions

2020-04-22 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


The right sectors aren't leading this rally

2020-04-21 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Love for everything tech

2020-04-21 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Rig rout

2020-04-17 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tech's massive outperformance

2020-04-17 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Liquidity premium

2020-04-14 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Signs of a thaw remain elusive

2020-04-10 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Volume worries

2020-04-09 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Looking to financials for a bottoming clue

2020-04-06 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Energy's recovery attempt

2020-04-02 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Lots of shorts in the UK

2020-03-31 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Other than the stock market, few signs of a thaw

2020-03-30 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Long term trend

2020-03-25 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - Australia, developed markets, corporate bonds

2020-03-20 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - rush into defensives, more extremes, travel, China

2020-03-18 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - sentiment extremes, everything is being sold (U.S. equities, emerging markets, gold/silver)

2020-03-17 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - bullish percent, U.S. recession, historic volatility, historic overseas selling

2020-03-11 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Energy sector's worst-ever loss

2020-03-10 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


A(nother) week for the ages

2020-03-07 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - down days, cyclicals vs. defensives, NAAIM, Russia

2020-03-06 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - sectors all or nothing, widening credit spreads, large daily swings, interest rates continue to fall

2020-03-05 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - optix & sentiment, ex-U.S., bond market rally, airlines

2020-03-04 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - volatility is back, breadth, tech plunge, gold:silver ratio

2020-02-25 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - tech correlations, everything rally, utilities, USD

2020-02-19 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Financial conditions have never been easier...or bubbly

2020-02-18 | Jason Goepfert


The Bloomberg Financial Conditions Index is at a practical maximum reading. Growth stocks have surged relative to value stocks.

Read More ...

Market overview: tech and growth stocks surge

2020-02-15 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - standard deviations, tech breadth, relative strength, USD

2020-02-14 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - growth vs. value, stocks vs. commodities, Hindenburg Omen, Shanghai Index

2020-02-11 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - emerging markets, % of stocks in a correction, copper, oil producers

2020-02-05 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - ISM, Hindenburg Omen, oil, semiconductors, China

2020-02-04 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Market & fundamentals overview: the long awaited pullback

2020-02-02 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - emerging markets, utilities breadth, AAII, Taiwan

2020-01-30 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - utilities, sector breadth, Hang Seng, copper's plunge

2020-01-30 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - correlations, risk-off, utilities, Shanghai Index

2020-01-29 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


As Good As It Gets For Trend Followers

2020-01-24 | Jason Goepfert


The S&P 500 has gone 3 months with great gains and very little volatility. There has been a jump in breadth extremes in defensive sectors.

Read More ...

What I'm looking at - tech vs. finance, volatility of volatility, high yield, corporate earnings

2020-01-13 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - relentless rally, bullish percent index, recession probabilities, abandoning utilities

2020-01-10 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Bond Investors Sound The All Clear

2020-01-06 | Jason Goepfert


Spreads on high yield bonds are plunging, which stock investors take as an all-clear sign. Emerging market stocks are in a new bull market.

Read More ...

What I'm looking at - equity Put/Call, low volatility, relentless momentum, low volume, Brazil

2019-12-27 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - 2019 vs 2018, equity Put/Call, Value Line, breadth surge, AUD

2019-12-24 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - Smart Money, USD breakdown, ZEW, microcaps, growth & tech index

2019-12-12 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - business activity, GDP coincident index, Shanghai Index small range, persistent consumer staples

2019-12-05 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - LEI, sentiment pullback, low volatility stocks, NASDAQ, Index Put/Call

2019-11-22 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - Building Permits, VIX Put/Call, long term breadth, high yield bonds, Value vs. Growth

2019-11-21 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - sentiment composite, consumer discretionary, VIX, energy sector, index Put/Call

2019-11-20 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - healthcare, France, GDP growth, MSCI World Index, breadth

2019-11-19 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - utilities vs. tech, Yardeni, short term trend, REITs, small caps

2019-11-13 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - breakouts, rotation away from defensives, more frothy sentiment

2019-11-12 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Why Investors' Money Market Rush Isn't Necessarily A Buy Signal

2019-11-07 | Jason Goepfert


This is an abridged version of our recent reports and notes. For immediate access with no obligation, sign up for a 30-day free trial now.Money market mysteryAssets in money market funds continue to ramp higher. Knee-jerk contrarians will take that as a buy signal, but it’s not that easy. Assets ...

Read More ...

What I'm looking at - sentiment froth?, new highs expansion, Hong Kong, New Zealand

2019-11-06 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - breakouts, Put/Call, NASDAQ breadth, new highs

2019-11-05 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - VIX, nonresidential fixed investment, healthcare, finance, SKEW

2019-10-31 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - ex-U.S. stocks, NYSE Up Issues, Economic Surprise, more overseas breadth

2019-10-30 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - stocks in a correction, KBW Bank Index, sentiment indicators, DAX breadth, high yield

2019-10-29 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


5 Trades Show Flight-To-Safety

2019-10-25 | Jason Goepfert


This is an abridged version of our recent reports and notes. For immediate access with no obligation, sign up for a 30-day free trial now.A concerted flight to safetyLooking at a handful of different flight-to-safety trades, it’s evident that there has been a lot of risk-off positioning in ...

Read More ...

What I'm looking at - bear market, profit warnings, VIX Put/Call, homebuilders, manufacturers' new orders

2019-10-25 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - S&P 500 Value Index, lots of chop, Taiwan, Germany Optix, UK Optix

2019-10-24 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - correlations, Fidelity Funds Breadth, KBW Bank Index, SPY Liquidity Premium, Value

2019-10-23 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Econo-Dread, Options Fear, Money Tree, Dollar Impact On Earnings Season, Transports, Hated Commodities

2019-10-18 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - volatility, utilities rotation, index put/call, Germany wholesale, SKEW

2019-10-16 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Transportation index moves to new high

2019-10-15 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tuesday Color - VIX below 14, card rates, transport services, slow growth, utility momentum

2019-10-15 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Thursday Color - Momo rebound, AAII stagnant, sector breadth lag, MLP pessimism

2019-10-10 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


USA Leading The World In Surprises (Both Good And Bad)

2019-10-08 | Jason Goepfert


This is an abridged version of our recent reports and notes. For immediate access with no obligation, sign up for a 30-day free trial now.Leading the worldMost of the ways the U.S. has been surprising the world have not necessarily been the good kind. When it comes to economic reports, though, ...

Read More ...

Wednesday Color - 1% losses, sensitive sectors to ISM data, no cash cushion, breadth anomolies

2019-10-02 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - stocks vs. politics, nonstop utilities surge, global money supply, Bitcoin's crash

2019-09-27 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Stocks and the dollar are "joined at the pip"

2019-09-26 | Jason Goepfert


This is an abridged version of our recent reports and notes. For immediate access with no obligation, sign up for a 30-day free trial now.Joined at the pipThere usually isn’t much of a correlation between movement in stocks and the dollar. As much as investors want to assign a narrative linking ...

Read More ...

Thursday Color - Gold flow and open interest, bond flow, VIX call buying, Hang Seng rollover

2019-09-26 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wednesday color - Utility surge impact on stocks/gold, breadth rollover, skittish signs, Egypt

2019-09-25 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - South Korea PPI, TLT Optix, McClellan Oscillator, Utilities Optix

2019-09-25 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Monday color - Nifty rebound, a rocky week, small traders

2019-09-23 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Investors Ease In As FedEx Crashes

2019-09-20 | Jason Goepfert


This is an abridged version of our recent reports and notes. For immediate access with no obligation, sign up for a 30-day free trial now.Easing back inIndividual investors are easing back into stocks. The latest AAII survey shows that the Bull Ratio has cycled from extreme pessimism to modest ...

Read More ...

What I'm looking at - Housing Starts, CFO's pessimism, ZEW, FedEx crash

2019-09-19 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


A Big Jump In Big Money Bulls

2019-09-18 | Jason Goepfert


This is an abridged version of our recent reports and notes. For immediate access with no obligation, sign up for a 30-day free trial now.Big money gets bullishThe latest survey from Bank of America Merrill Lynch that polls large money managers with nearly $700 billion under management showed a ...

Read More ...

Wednesday Color - FOMC Bias, Emerging Recovery, Japan, Fund Flow

2019-09-18 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Energy sector after oil's 1st 4 s.d. rise in > 6 months during a down market

2019-09-16 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What's Better Than Bonds?

2019-09-12 | Jason Goepfert


This is an abridged version of our recent reports and notes. For immediate access with no obligation, sign up for a 30-day free trial now.Beautiful breadthThe Cumulative Advance/Decline Line for most of the major indexes are at or near all-time highs. Same for every one of the major S&P 500 ...

Read More ...

Thursday Color - Breakaway Gaps, Japan Jumps, Small-Caps Pop, Dollar

2019-09-12 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - OECD, small caps, various breadth indicators

2019-09-11 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wednesday Color - Russell vs Nasdaq, Sector Divvies, Bond Whipsaw, Jumps Above BBands

2019-09-11 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tuesday Color - Value's Back, Small Business Outlook, Euro Banks, Index & Gold ETF Flow

2019-09-10 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Monday Color - Better Appetite, Seasonal Fears, Expensive Utes, Overseas Jump, Sugar Dump

2019-09-09 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Why So Defensive?

2019-09-06 | Jason Goepfert


This is an abridged version of our recent reports and notes. For immediate access with no obligation, sign up for a 30-day free trial now.High on defensivesThe most defensive sectors of the market, consumer staples and utilities, saw a jump in the number of stocks rising to 52-week highs.This ...

Read More ...

What I'm looking at - Citigroup Economic Surprise Index, semiconductors, breakout, NAAIM, copper reversal?

2019-09-05 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


A Trade-Related Gap

2019-09-05 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - Recession Probability Model, emerging markets, Treasury yields, breadth, Consumer Confidence

2019-09-04 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wednesday Color - Wall Street Pessimism, Utility Surge, Overseas Flow, Copper

2019-09-04 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


What I'm looking at - ISM PMI, 60/40 portfolio, XLU, gold:silver ratio

2019-09-04 | Troy Bombardia


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Friday Color - Equity Outflow, Breadth High, Oscillator Extremes, Mexico Rebound, Dollar Pain

2019-08-30 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Consumers Vs. Investors As Silver Pops

2019-08-28 | Jason Goepfert


This is an abridged version of our recent reports and notes. For immediate access with no obligation, sign up for a 30-day free trial now.Consumers vs. investorsThe latest Consumer Confidence reading shows that U.S. consumers continue to demonstrate an extremely positive outlook on their ...

Read More ...

Wednesday Color - Stocks Down + Bonds Up, MACD Sell, Energy Lows, Gold RSI

2019-08-28 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tuesday Color - Social Pessimism, Big Drops, Brazil Breadth, Ag Bears

2019-08-27 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Monday Color - A Month Of Swings, Economic Uncertainty, Sectors, Scramble For Protection

2019-08-26 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Gold Beats Stocks' Double-Digit Jump

2019-08-21 | Jason Goepfert


This is an abridged version of our recent reports and notes. For immediate access with no obligation, sign up for a 30-day free trial now.Rising and falling togetherThe major sectors within the S&P 500 have mostly been moving in concert, so correlations have risen quickly over the past month. ...

Read More ...

Tuesday Color - Overseas Rebound, Sector Recoveries, HY vs IG Spreads, VIX Drop

2019-08-20 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Financials As A Sick Canary

2019-08-16 | Jason Goepfert


Financial correctionLess than three weeks ago, financial stocks within the S&P 500 were within spitting distance of a fresh 52-week high. Now they’re mired in a correction, having pulled back more than 10% from their high.That’s a quick turnaround, which always worries investors. This was not a ...

Read More ...

Friday Color - Risk Off, Options Anxiety, Many Lows, Big MOVE, Sector Extremes

2019-08-16 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Thursday Color - Turmoil, Double Losses, Recession Talk, Financials, Sectors

2019-08-15 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


S&P 500 after financials fall 10% from high w/in 3 weeks

2019-08-15 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tuesday Color - Gamma, Dislocations, Merval & Hang Seng, Emerging Fund Outflow, Bond Optix

2019-08-13 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Monday Color - 8 Straight 1%-ers, Large Calls, Corrections, Gold Buyers, Emerging Momentum

2019-08-12 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


The Stock-Bond Relationship Is Out Of Whack

2019-08-08 | Jason Goepfert


Strained relationshipThe drop in stocks over the past week didn’t happen in isolation, as traders fled to the perceived safety of the bond market. That moved the Stock/Bond Ratio to an extreme level, even while the S&P remains in a generally positive environment.This has typically resolved in ...

Read More ...

Thursday Color - Islands, Emerging Streak & Breadth, Signs Of Anxiety, Gold

2019-08-08 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wednesday Color - Bulls Gone, Put Volume, Energy Drop, Asian Axiety

2019-08-07 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tuesday Color - Opening Volatility, New Lows, Sector Extremes, Big Outflows

2019-08-06 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Monday Color - Gaps, Volatility Jump, Options Buying, Warning Cluster, Hong Kong

2019-08-05 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Investors Keep Hoarding Cash

2019-07-25 | Jason Goepfert


NOTE: This will be the last Lite post for the next week.Lagging the market, and cashThe broader stock market has done well over the past month, but an abnormally large – and increasing – number of Fidelity Select sector funds are lagging even the return on cash.It’s not “odd” funds like precious ...

Read More ...

Wednesday Color - ETF Asset Drop, P/C Ratio, Fidelity Sectors, Warning Signs, Bond Bulls, Debt Contraction, Mexico

2019-07-24 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tuesday Color - Gold vs Yen, Russell Lag, S&P Divergence, Mexican Breadth, Smart Money Selling

2019-07-23 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Friday Color - Gold Momentum, Internal Warnings, Mexico

2019-07-19 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Thursday Color - Fading 'Mo, Energy Stock Drop, Titanic Signal, Cotton, Euro Junk

2019-07-18 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wednesday Color - Dow Stocks, Dumb Money, Gamma, Microsoft Expectations, Germany

2019-07-17 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tuesday Color - Earnings, ETF Flows, Gold vs Baltic Index, XLY, New Moon

2019-07-16 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Monday Color - Discretionary Streak, Fund Exposure, Small Trader Enthusiasm, Earnings Season

2019-07-15 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Friday Color - Yield Curve, Small Caps, XLU vs XLE, Bonds, Brazil

2019-07-12 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Thursday Color - Dovish Fed, Sector Extremes, Round #, Value Line Lag, Twitter Bulls

2019-07-11 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tech Has Led - What That Should Mean For The Summer

2019-07-11 | Jason Goepfert


Similar sector first halvesThe S&P 500 has enjoyed great gains through the first half of the year, as have most of its sectors. Looking at other years when the S&P gained at least 10% through June that had the most similar returns among sectors, the next couple of months tended to be ...

Read More ...

Tuesday Color - High Yield Rally, Sector Breadth, Recession Risk, Yield Drop

2019-07-09 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


This Has Only Happened Twice In 40 Years

2019-07-09 | Jason Goepfert


High confidenceDumb Money Confidence has recovered from its dip below neutral territory in May. Now above 77%, it’s to a level that has preceded weak annualized returns in stocks.As a signal, the first reading above this level after a dip below 50% has led to mostly weak short- and medium-term ...

Read More ...

Monday Color - Short-Term Optimism, Funds Vs Options, Lagging Small Caps And Surprises, Bulls Return, Bonds

2019-07-08 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tuesday Color - Tech's Recovery, Gold Loss, Sector Breadth, Semi's, Japan's Surprises

2019-07-02 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


After This Happened, Stocks Fell 15%

2019-06-26 | Jason Goepfert


A trio of laggardsEven though the S&P 500 recently hit a fresh all-time high, several sectors have been trailing. Small-cap stocks, transports, and banks have all hit new 52-week lows relative to the S&P.This is atypical behavior, with a tendency to lead to selling pressure. When two of the ...

Read More ...

Tuesday Color - Less Confident, Relative Lows, Bond Optimism, Gold Surge

2019-06-25 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Friday Color - Massive Flows, Dollar Trend, Stock/Bond Rally, Whiplash, Sector Highs

2019-06-21 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


350 Days To Nowhere, And Why Lagging Energy Isn't A Problem

2019-06-20 | Jason Goepfert


350 days to nowhereThe Dow Industrials Average is trying to break out for the third time. It hasn’t gone anywhere since late January 2018, which was 350 days ago. It saw minimal upside and substantial downside since then.If we go back to 1900, there have been a handful of times it went this long ...

Read More ...

Thursday Color - Morning Gap, Sector Breadth, Gold Breakout

2019-06-20 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wednesday Color - Everything Rallies, Bond Flow and Vol, Within 1%, Energy, France

2019-06-19 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tuesday Color - Fund Manager Panic, New Model, OEX, UAE, Miners

2019-06-18 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Friday Color - Bond Flow (!), Recession Risk, Breadth Thrust, Gold Options, Stock Screen

2019-06-14 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


A Tale Of 2 Sectors

2019-06-14 | Jason Goepfert


A tale of two sectorsMost utility stocks have been rising over the past 3 weeks and are trading above their 50-day averages. Few energy stocks can boast the same.When there has been this wide of a divergence between those two sectors, the broader market had a strong tendency to rise with only ...

Read More ...

Wednesday Color - Reverval, Outflows, Overseas Surges, Copper

2019-06-12 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Defensive Stocks Dominate The New High List - Does It Matter?

2019-06-12 | Jason Goepfert


A defensive new high listAcross the equity market, securities at a 52-week high have expanded. Same goes for companies within the S&P 500. And within that index, it’s been more of the defensive sectors that have seen the best participation.While that suggests a potentially worrisome risk-off ...

Read More ...

Small Traders Buy Record Hedges Even As Financials Surge

2019-06-11 | Jason Goepfert


Financial recoveryFor the first time since early 2018, more than a quarter of financial stocks within the S&P 500 hit a 52-week high.This kind of a surge has been good for the sector, with gains over the next year every time.In 2000, this jump in new highs among financial stocks led to a 4% ...

Read More ...

Monday Color - New Highs, Material Gain, Financials, Gold, Small Traders, 5 Straight

2019-06-10 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Friday Color - Jobs, Econ Surprises, 4 Gains, Breadth, Energy, Gold

2019-06-07 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Thursday Color - Bond Moves, Yield Curve, Jobs, REITs & Utes, New Highs, Mexico

2019-06-06 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wednesday Color - Gaps, Tuesday's Jump, Breadth Recovery, Bitcoin, Corn

2019-06-05 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tuesday Color - Bond Volatility And Optimism, Gold, Flows, Tech Breadth

2019-06-04 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wednesday Color - Gaps, Confidence, Staples, May Loss, Options Fear

2019-05-29 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tuesday Midday Color - Shanghai, , DAX, Bond Bulls, Euro Sentiment

2019-05-28 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


5 Weeks Of Losses - What's Next?

2019-05-28 | Jason Goepfert


Dow dingedThe Dow Industrials have lost ground for five straight weeks, its 2nd-worst stretch since the financial crisis and among its worst since 1900.It’s relatively unusual to see such a string of losses while relatively close to a 52-week high, and over the past 40 years that has led to ...

Read More ...

Friday Midday Color - Dow's 5th Loss, Energy Breadth, Utes, Social Negatives

2019-05-24 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Thursday Midday Color - Panic, Few Bulls, Asian Slide

2019-05-23 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wednesday Midday Color - Technical Buy, Asia Flows, Economic Woes

2019-05-22 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


This Has Happened To Tech Only Twice Before

2019-05-22 | Jason Goepfert


From first to worstStocks have lost one of their biggest drivers. Tech stocks have powered much of the rally through April, and then fell hard. The sector was leading the S&P 500’s 11 major sectors, and then fell to the worst among them over the past few weeks.That does not happen often, and ...

Read More ...

Tuesday Midday Color - Shorts, Emerging Mkts, Sector Extremes

2019-05-21 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Monday Midday Color - Gaps Again, Sector Divvies, Flight To Safety

2019-05-20 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Are You Panicking Like Everyone Else?

2019-05-20 | Jason Goepfert


Panic-level sellingWe’ve already touched on the persistent negative gaps traders have faced most mornings over the last couple of weeks. It’s worth noting again, because the gaps are now on par with panic-level conditions over the past 35 years.Other than 2008, future returns were excellent. ...

Read More ...

Friday Midday Color - Pre-Market Fear, Failures, Overseas Extremes, Momentum Drops

2019-05-10 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wednesday Midday Color - Vol Surge, Dow Drops, Sector Extremes

2019-05-08 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tuesday Midday Color - Overseas Carnage, Sweet Sugar

2019-05-07 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


4 Energetic Extremes

2019-05-06 | Jason Goepfert


Energy extremesThe selling pressure earlier this week in the energy sector triggered several shorter-term extremes in breadth. Most of those stocks fell to their lowest in a month, below their volatility bands. Few held above their short-term moving averages.When the sector had rebounded more ...

Read More ...

Friday Midday Color - Momentum Market, Energy Washout, Russell Breakout

2019-05-03 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wednesday Midday Color - Sagging Summation, Missing MoMo, Strategist Switch

2019-05-01 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


A Shocking Volatility Twist With Recovering Financials

2019-05-01 | Jason Goepfert


Volatility twistOver the past month, volatility in big tech stocks has been lower than volatility in stocks specifically chosen because of their staid nature, according to Bloomberg data. Historical volatility on the Nasdaq 100 fell below that of the S&P 500 Low Volatility Index, a rare twist ...

Read More ...

Tech Tour De Force, Even With Big Money On Sidelines

2019-04-30 | Jason Goepfert


A tech tour de forceThe tech sector has been on a record run over the past 18 weeks.Going back 93 years, the only other time it had a run like this was in June 1957. There were slightly lesser streaks, including near the peak of the bubble years in 2000 and prior to the 1987 crash. While not a ...

Read More ...

Friday Midday Color - Flows, Breadth Extremes, Shanghai

2019-04-26 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wednesday Midday Color - Bond Bulls, High-Yield Breadth, Lagging S&P Stocks, Tech Values

2019-04-24 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tuesday Midday Color - S&P Recovery, Pound Probabilities, Mixed Breadth

2019-04-23 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Uh-Oh, Options Speculators Are Back

2019-04-23 | Jason Goepfert


Sector battleThe ratio between the S&P 500’s technology and health care sectors has swung by an extreme amount. The 50-day rate of change in the ratio between the two has cycled from negative to a 10-year high.Since 1990, other times it swung like this, tech suffered, while health care held up ...

Read More ...

Monday Midday Color - Smart Money, Biotech, Options Optimism

2019-04-22 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


4 Reasons Why Health Care Could Rebound

2019-04-20 | Jason Goepfert


Health care’s bad weekHealth care stocks have gotten hit, and it’s erased their year-to-date gain, while the S&P 500 has held up. The divergence between the two this far into a year is unusual.Other times health care underperformed by more than 5% through this many sessions into a year, it led ...

Read More ...

Thursday Midday Color - Health Care, Opex

2019-04-18 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Investors Cycle Into Cyclicals, Tech

2019-04-18 | Jason Goepfert


Cyclical reboundCyclical stocks got hit hard late last year, especially relative to defensive stocks. They’ve made an impressive rebound. The rate of change on the ratio of cyclical to defensive stocks has cycled from an extreme low to an extreme high.Over the past 20 years, a cycle like this ...

Read More ...

Most Confident "Dumb Money" In A Decade

2019-04-17 | Jason Goepfert


Maximum optimismDumb Money Confidence has been climbing steadily for a month, and stocks have so far shrugged off that extreme optimism. Now it has reached its highest level in a decade.Every date that saw this high of a reading in the past 20 years sported a negative return in the S&P 500 at ...

Read More ...

Tuesday Midday Color

2019-04-16 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Monday Midday Color

2019-04-15 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wall Street Is Technically Bullish, Fundamentally Bearish

2019-04-15 | Jason Goepfert


Technically bullish, fundamentally bearishIn recent weeks, Wall Street analysts have been raising price targets on stocks within the S&P 500. At the same time, they’ve been lowering their earnings estimates.Usually, there is a positive correlation between the two. When there is a divergence like ...

Read More ...

Friday Midday Color

2019-04-12 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Thursday Midday Color

2019-04-11 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wednesday Midday Color

2019-04-10 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tech's Perfect Signal

2019-04-10 | Jason Goepfert


Tech’s fully recoveryOut of the S&P 500’s 11 major sectors, only one has made a fully recovery from the December decline, and it’s an important one. The information technology group has fully recovered from its decline of more than 24%.Other times it fully recovered a drop of 20% or more within ...

Read More ...

Tuesday Midday Color

2019-04-09 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


An Important Shanghai Rally Amid Terrible Economic Surprises

2019-04-04 | Jason Goepfert


An important thresholdWhen big rallies in the Shanghai Composite failed, fewer than 90% of stocks on the exchange had managed to rise above their 200-day averages. When more than 90% did so, the rallies lasted long-term, at least over the past 17 years. That just happened again.It’s also been a ...

Read More ...

Shanghai Rally Bodes Well Long-Term

2019-04-03 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wednesday Midday Color

2019-04-03 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Options Traders Bet On Decline As S&P Meets Target And Utes Surge

2019-03-28 | Jason Goepfert


Options bets and strategists’ spreadAs stocks rally, options traders have built up a large position in S&P 500 put options, relative to the number of outstanding calls. It’s the opposite in VIX options, where they have few puts and many calls. Since 2006, this has led to a negative annualized ...

Read More ...

Surge In New Highs Among Utilities

2019-03-27 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Thursday Midday Color

2019-03-21 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Wednesday Midday Color

2019-03-20 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tuesday Midday Color

2019-03-19 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Catching Up

2019-03-11 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Tepid Fund Flows With Record Exodus From Financials

2019-03-06 | Jason Goepfert


Tepid equity flowThe S&P 500 has jumped more than 12% over the past two months, yet inflows to equity funds continue to be tepid.This is one of the few times that stocks have performed so well over a two-month span, with negative equity flows during the rally. Future returns in the S&P were ...

Read More ...

Tuesday Midday Color

2019-03-05 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Big Rally In Small Stocks, With Smart Money Buying

2019-02-28 | Jason Goepfert


Small stocks, big rallySmall-cap stocks have rallied 24% in only two months, ranking among the best rallies since 1926.Other times they jumped to this degree, small stocks tended to rise in the months ahead, but there were some failures. The overall bias was positive, especially in terms of risk ...

Read More ...

An Industrial-Led Rally As Shanghai Surprises

2019-02-27 | Jason Goepfert


The rally’s workhorsesThe Industrials sector has led all major S&P 500 groups since the December 24 low, while defensive ones like Utilities have lagged.Going back to 1928 and looking at all two-month, 10% rallies from a low, we see that the rallies with the highest sector correlation to our ...

Read More ...

Tuesday Midday Color

2019-02-26 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


No Volatility As Utilities' Breadth Impresses

2019-02-26 | Jason Goepfert


No volatilityVolatility expectations across assets have plunged. The VIX and its related measures for stocks, bonds, oil, gold, and bonds is hovering near multi-year or even multi-decade lows.Since 1990, it has been unusual to see the “volatility of everything” collapse at the same time, and it ...

Read More ...

Monday Midday Color

2019-02-25 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Jobless Claims Hit 52-Week High As High Beta Shows Relative Struggles

2019-02-15 | Jason Goepfert


Climbing claimsA 4-week average of jobless claims hit a 52-week high this week, triggering an increase in the probability of recession.Other times that claims cycled from a 52-week low to a 52-week high since 1967, there was a headwind for stocks and tailwind for bonds, especially over the next ...

Read More ...

Extreme Greed As Utilities And Yields Forge Unholy Alliance

2019-02-05 | Jason Goepfert


Extreme greedThe CNN Fear & Greed proxy model has moved further into optimistic territory, now showing Extreme Greed, pushed higher by most of the components in the model.Other times it has become this stretched in a downtrend, future returns were almost exclusively negative. There were 99 days ...

Read More ...

Emerging Markets Breakout; Fidelity Managers Beat Cash; Baltic Dry Collapse

2019-01-31 | Jason Goepfert


This is an abridged version of our Daily Report.Breaking outEmerging markets have closed above their 200-day average for the first time since last spring, a streak of nearly 9 months. That’s one of the longer streaks in 30 years.Other times an emerging markets index ended long streaks below its ...

Read More ...

Emerging Markets Rise Above 200-Day Average

2019-01-30 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


S&P Nears 50% Retracement; Financial Sector's Big Buying Cluster

2019-01-18 | Jason Goepfert


This is an abridged version of our Daily Report.Fibonacci hurdlesThe S&P 500 has erased nearly 50% of its October – December decline.Following a loss of more than 15%, this retracement in only 16 sessions is the 3rd-fastest ever. On average, it took a median of 39 trading days to get to the 50% ...

Read More ...

No Bank Failures; Battle Of Time Frames For Moving Averages

2019-01-14 | Jason Goepfert


This is an abridged version of our Daily Report.As good as it can getLast year, there were no bank failures. That sounds like a good thing, and it’s happened only 3 other times in 85 years. A sample size of 3 makes it difficult to consider the precedents, so if we relax the parameters and look ...

Read More ...

Oil And Energy Collapse; RSI Divergence; Smart-Dumb Money Extreme; Overwhelming Lows

2018-12-19 | Jason Goepfert


This is an abridged version of our Daily Report.No energyCrude oil collapsed with a large loss and 52-week low on Tuesday. That’s not what the Energy stock sector needed right now but taking the chance that we’re whistling past the graveyard, the losses on Monday and Tuesday may just be bad ...

Read More ...

Energy Stocks Worst Breadth In 4 Years; Traders Keep Selling The Open

2018-12-13 | Jason Goepfert


This is an abridged version of our Daily Report.At least Financials are worseBreadth in the S&P 500 Energy Sector is the worst in four years. Few of the stocks are above even their shortest-term moving averages, and there has been a spike in the percentage of stocks at a 52-week low.This has, in ...

Read More ...

Financials' New Lows; Bank Loan Pessimism

2018-12-11 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Discounts On MLP Funds; Wall Street Looks To 2019

2018-12-04 | Jason Goepfert


This is an abridged version of our Daily Report.Partnership pessimismOne of the better ways to gain exposure to master limited partnerships (MLPs) is through closed-end funds (CEFs), which often swing to premiums or discounts to the value of their underlying holdings based almost purely on ...

Read More ...

Mexican Stock Collapse; Small Traders Load Up On Puts

2018-11-28 | Jason Goepfert


This is an abridged version of our Daily Report.Heavy selling south of the borderMexican stocks have dropped 30% from their highs in US dollars and 20% in pesos.This has nothing to do with the politics of the new administration, which admittedly is a big omit. In emerging markets, new ruling ...

Read More ...

Low Volatility Beats High Beta; Worst-Case Corrections; Bad BID

2018-11-27 | Jason Goepfert


This is an abridged version of our Daily Report.Rush to safetyInvestors have moved into “safe” low-volatility stocks at the expense of “risky” high-beta ones. The ratio between the two just hit a two-year high, which has preceded some trouble for stocks over the shorter-term.Over the ...

Read More ...

Puts Are Popular; No Sector Funds Are Beating Cash

2018-11-16 | Jason Goepfert


This is an abridged version of our Daily Report.Puts have become popularSince the market peaked in September, most days have seen at least 10% more put options traded than call options, the largest cluster in three years. Out of a total of 27 days in the sample, the S&P was higher two months ...

Read More ...

Fear And Loathing In Bonds; Energy Apathy

2018-11-15 | Jason Goepfert


This is an abridged version of our Daily Report.Fear and loathing in junk bondsHigh-yield bonds had a very bad day on Tuesday, with extremely poor breadth and sentiment.On Tuesday alone, nearly half of all high-yield bonds declined on the day, they went from an almost even number of 52-week ...

Read More ...

Stock Returns After Crude Collapse

2018-11-14 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Bear Market In Stocks; Small-Cap Stumbles

2018-11-12 | Jason Goepfert


This is an abridged version of our Daily Report.A bear market in stocksWhile the major indexes are far from a 20% decline, many S&P 500 components have declined more. At the depths of the decline in October, more than 40% of the S&P reached bear market territory.That often served as a low point ...

Read More ...

Stocks, Sectors In Correction; Nasdaq's Bad Day; S&P Negative YTD; Spike In Pessimism

2018-10-25 | Jason Goepfert


This is an abridged version of our Daily Report.Stocks in correctionThe S&P still hasn’t suffered a correction, if we define it by a 10% decline from a 52-week high. With the severe loss on Wednesday, it has just barely missed the cut. Most of its stocks haven’t been so fortunate, however. With ...

Read More ...

China Loses 30%, Suffers Bad Day At A Low, World Stocks' Failed Bounce

2018-10-19 | Jason Goepfert


This is an abridged version of our Daily Report.China losses exceed 30%The Shanghai Composite is now down 30% from its recent high.That worries some U.S. investors concerned about contagion, but losses this large didn’t usually bleed over.Bad days and new lowsThe Shanghai Composite’s drop of ...

Read More ...

Waiting For A Breadth Thrust; Chinese Investors' Long Slog

2018-10-18 | Jason Goepfert


This is an abridged version of our Daily Report.Waiting for a thrustBreadth recent hit a deep oversold reading, now many are looking for an upside “thrust” that signals a return of buying interest.But waiting for a breath thrust hasn’t worked well in bull markets. Future returns were better, and ...

Read More ...

Quick Change In Character; Smart Money Steps In; Emerging Stocks Rebound

2018-10-15 | Jason Goepfert


This is an abridged version of our Daily Report.A quick change in characterThe S&P went from 52-week high to below its 200-day average in only 3 weeks. That ended a streak of more than six months above its 200-day average. Other times it underwent a quick change in character, from a 52-week high ...

Read More ...

Rate-Sensitive Divergence With Yields As New Lows Climb

2018-10-10 | Jason Goepfert


This is an abridged version of our Daily Report.Rate-sensitive divergence warningAs yields rise, the Financial sector is badly underperforming Utilities, which is atypical.Historically, there has been a strong positive correlation between rates and the ratio of Financials to Utilities. When a ...

Read More ...

Palladium Rally Not Helping Autos As Warnings Keep Mounting

2018-09-28 | Jason Goepfert


This is an abridged version of our Daily Report.Autos sink despite a “should be” good signThe S&P 500 Auto sector has sunk to a 52-week low despite strong palladium prices, which are at their highest in months.While that’s usually interpreted as a good sign for the sector, it was not, and mostly ...

Read More ...

Dow Theory Buy Signal Even As Homebuilders Slip

2018-09-21 | Jason Goepfert


This is an abridged version of our Daily Report.Dow theory buy signalBoth the Dow Industrials and Transports have reached new highs. This is the first new high in the Industrials in months, following the previous breakout from Transports. Similar buy signals according to trend-following theory ...

Read More ...

XLK And XLY Spike In Assets

2018-09-20 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Shanghai Selling And Seasonality

2018-09-17 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Financials Lag As Transports Lead

2018-09-14 | Jason Goepfert


This is an abridged version of our Daily Report.Stalling Financials trigger concernEven as the S&P tickles a new high, Financials have struggled and are the worst-performing major sector over the past six months. The ratio between Financials to the S&P just hit a new 52-week low, which has been ...

Read More ...

Emerging Market Contagion As Hedgers Bet Against Dollar

2018-09-10 | Jason Goepfert


This is an abridged version of our Daily Report.Contagion spreads despite calm crudeStories with “contagion” worries are spiking to the highest level in 5 years.The cause, a collapse in emerging markets, is despite a calm market in crude oil, which has usually acted as a balm on those emerging ...

Read More ...

Everything "Emerging" Has Declined As S&P Holds Firm

2018-09-07 | Jason Goepfert


This is an abridged version of our Daily Report.Nowhere to hideEmerging market stocks, bonds, and currencies have all declined steadily this year.The three asset classes have declined for an average of 150 days since they peaked, ranking among the longest, broadest declines in 30 years. Similar ...

Read More ...

Industrial Metals Near Bear Market As Miners Collapse

2018-08-20 | Jason Goepfert


This is an abridged version of our Daily Report.Industrial metals suck, tooPrecious metals’ lesser-followed kin are nearing a bear market, worrying investors as they are traditionally seen as being leading indicators of economic activity.Once in a bear market, industrial metals tend to keep ...

Read More ...

Precious Little Optimism As Emerging Markets Sink Toward Bear Market

2018-08-17 | Jason Goepfert


This is an abridged version of our Daily Report.Precious little optimismOptimism on gold, silver, and platinum now ranks among the lowest in 27 years.The combined Optimism Index on the three metals has been lower only a handful of days. The few other periods of historic pessimism led to good ...

Read More ...

Breadth Divergences Not Much Of A Concern As Staples Recover

2018-08-06 | Jason Goepfert


This is an abridged version of our Daily Report.Few highs as indexes rallyThe S&P 500 has rallied close to its prior highs, but there is a divergence. Relatively few stocks are registering 4-, 12-, and 52-week highs as the index rallies.It’s a concern among technicians but has not been a ...

Read More ...

Hedge Funds Exposed To Dollar While Consumers' Optimism Time-Shifts

2018-08-03 | Jason Goepfert


This is an abridged version of our Daily Report.Riding the buckHedge funds have the largest exposure to the dollar in four years. Their returns over the past month have been highly correlated to moves in the buck. They also have a near-record inverse correlation to gold, which has preceded ...

Read More ...

S&P Nearly Ends Its Correction And Staples Their Downtrend

2018-07-27 | Jason Goepfert


This is an abridged version of our Daily Report.Still waiting for the cigarThe S&P 500 rallied to within 1% of its previous high, nearly erasing the 10% pullback it suffered earlier this year.Other times it got so close to a high, it took an average of another 4 days to reach it, with generally ...

Read More ...

Momentum Worries As Emerging Stocks Start Uptrending

2018-07-26 | Jason Goepfert


This is an abridged version of our Daily Report.Momentum worriesAs the S&P hit a 100-day high, a very low % of stocks are showing momentum. An almost record low % of stocks are above their 10-day avg or have an RSI > 70, which has preceded weak shorter-term returns or failed rallies.Emerging ...

Read More ...

Financials' Pre-Earnings Decline As Emerging Markets Struggle While Oil Rallies

2018-07-10 | Jason Goepfert


This is an abridged version of our Daily Report.Pre-earnings declineFinancials dropped 4% in the months leading up to the current earnings season, which begins this week as banks start to release quarterly earnings.Similar selloffs since 1950 preceded rallies over the next month, though it ...

Read More ...

Emerging Stocks' Uptrend Ends As S&P Suffers 4th-Longest Pullback

2018-07-03 | Jason Goepfert


This is an abridged version of our Daily Report.Emerging stocks’ long-term uptrend is goneEmerging markets have ended one of their longest-ever long-term uptrends.Risk was high after the others ended, especially over the next two months. They’ve already seen an 8% drop since the trended ended, ...

Read More ...

World Markets And Platinum Fall As Utilities Streak Higher

2018-06-28 | Jason Goepfert


This is an abridged version of our Daily Report.World stocks hit 2018 lowWorld stocks have hit a 200-day low while the S&P 500 is more than 8% above its own 200-day low. Similar setups led to a rebound in World stocks over the next 2-4 weeks.Compared to the S&P, World stocks outperformed every ...

Read More ...

Gold Suffers Death Cross As Financials Stumble

2018-06-27 | Jason Goepfert


This is an abridged version of our Daily Report.Not a Golden CrossGold’s 50-day average finally crossed below its 200-day for the first time in a year, ending one of its longest-ever streaks with a more positive medium- than long-term trend.The metal tended to trend lower in the months after ...

Read More ...

Dow's Streak Snapped As China ETF Nears Bear Market

2018-06-26 | Jason Goepfert


This is an abridged version of our Daily Report.Had to happen sometimeThe Dow Industrials Average ended its 2-year streak of holding above its 200-day average, its 7th-longest streak in an uptrend since 1900.It wasn’t a death knell for the index, especially when the Leading Economic Indicators ...

Read More ...

GE Booted From Dow As Russell And Nasdaq Hit Highs

2018-06-21 | Jason Goepfert


This is an abridged version of our Daily Report.Somebody turn on the lightsGE got booted from the DJIA after 100 years, after a similar stretch of poor returns from Alcoa when it was removed…and before it doubled during the next year.Other stocks that got removed from the Dow did fine going ...

Read More ...

Emerging Market Bond (And Stock) Rout

2018-06-20 | Jason Goepfert


This is an abridged version of our Daily Report.Emerging market bond routU.S. high-yield bonds have outperformed emerging market bonds by 7% in 50 days.Such wide spreads have led to rallies in emerging market bonds more than U.S..Stock rout, tooEmerging market stocks have lagged U.S. stocks by ...

Read More ...

Emerging Market's Negative Surprises Even As Nasdaq Hits June High

2018-06-15 | Jason Goepfert


This is an abridged version of our Daily Report.Emerging disappointmentEconomic surprises in emerging markets have been consistently, and increasingly, negative.That has led to mostly poor returns in emerging market stocks and currencies. It has been better for emerging market bonds (in ...

Read More ...

Euro Death Cross As Down Days Swamp Up Days, Staples Stabilize

2018-06-11 | Jason Goepfert


This is an abridged version of our Daily Report.Euro Death CrossFor more than a year, the euro’s 50-day average has been above its 200-day average.That trend has now ended, after one of the longest streaks in the currency’s history. The end to other long streaks led to further weakness in the ...

Read More ...

Breadth Momentum Picks Up As Value Lags Growth And Homebuilders Turn Up

2018-06-07 | Jason Goepfert


This is an abridged version of our Daily Report.Momentum is picking upMomentum in breadth figures is returning, with the McClellan Summation Index climbing. When it reaches 500 for the first time in months, it has led to an excellent risk/reward skew for stocks.The S&P 500’s annualized return ...

Read More ...

Nasdaq Hits New High With Fewer Stocks Coming Along

2018-06-05 | Jason Goepfert


This is an abridged version of our Daily Report.Some tech stocks struggle to keep upThe S&P 500 Technology index has hit new highs the past two days, but fewer of its stocks are coming along. In January and March, more than 40% of its members hit 52-week highs, compared to only 15% on ...

Read More ...

Energy ETF Traders Rush In As Animal Spirit Indicator Hits A High

2018-05-23 | Jason Goepfert


This is an abridged version of our Daily Report.ETF traders rush into EnergyAssets in the primary ETFs focused on the Energy sector have reached $32 billion, a new all-time high. That’s up 20% in just 30 days, among the most rapid increases since at least 2010.Similar surges led to declines for ...

Read More ...

Transports Shrug Off Oil As Smart Money Bets On VIX

2018-05-22 | Jason Goepfert


This is an abridged version of our Daily Report.Transports shrug off oil’s riseThe Dow Transports have rallied strongly over the past 30 days even as oil jumped twice as much.Transports have rallied enough to close at a multi-month high. When the sector has shrugged off surging oil prices ...

Read More ...

Energy Stocks Hit New Highs As Volatility Traders Pile In

2018-05-21 | Jason Goepfert


This is an abridged version of our Daily Report.Energy stocks enjoying new highsMore than 40% of stocks in the S&P 500 Energy sector have reached a 52-week high.That’s the most in more than a year and has preceded declines in the sector in recent years.ETF traders bet on a spike in ...

Read More ...

Small Caps Lead As Staples Lose Relevance And Energy Can't Lose

2018-05-18 | Jason Goepfert


This is an abridged version of our Daily Report.The leading indexSmall cap stocks, via the Russell 2000 index, are leading the other major indexes in the race to new highs. It’s the only index that has reached a 52-week high in the past 30 days.Other times it led to new highs, it was an ...

Read More ...

S&P Breaks Out As Tech, Energy Highs Surge And

2018-05-11 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Bonds And Consumer Staples Are Battered As Stocks Rebound From Bad Start To Year

2018-05-04 | Jason Goepfert


This is an abridged version of our Daily Report.Bonds have been batteredA total bond market index has suffered one of its worst declines in decades since the peak last September. It has rallied during less than 1/3 of all weeks over the past 8 months, the worst stretch of selling in 40 ...

Read More ...

Industrials Sink As Markets Head Into Worst Six Months

2018-05-01 | Jason Goepfert


This is an abridged version of our Daily Report.Making stuff isn’t paying offIndustrials stocks that “make stuff” have struggled and just hit a 100-day low.The S&P 500 is still hanging above its long-term 200-day average, but the lag in Industrials is a concern. Over the past 20 years, a new low ...

Read More ...

Seasonal Overview

2018-05-01 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Consumers Turn Bearish As Dow, Staples Decline

2018-04-25 | Jason Goepfert


This is an abridged version of our Daily Report.Consumers are buying…just not stocksThe latest Consumer Confidence survey shows more consumers expect stocks to decline than rally. That’s the first time since the November 2016 election that the U.S. consumer has been bearish on stocks.Other times ...

Read More ...

Consumer Staples Have Been Historically Unstable

2018-04-23 | Jason Goepfert


This is an abridged version of our Daily Report.So much for being a StapleConsumer Staples stocks have taken a big hit over the past couple of days (and weeks). Many of what had been considered safe stocks are down more than 5% in just two days. More than 25% of them are now trading at their ...

Read More ...

Yet Another Big Gap As Market Tries To Thrust And MLPs Rally

2018-04-11 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


Stocks Gap On NFP Miss And Sector Extremes

2018-04-06 | Jason Goepfert


This post is available to SentimenTrader members and/or Premium members only.

Please login to to view this content


VIX Jumps 20% Again As Rates Lose 50-Day

2018-03-23 | Jason Goepfert


This is an abridged version of our Daily Report.A questionable precedentA month ago, we saw that after a 10% decline, the Dow Industrials was most closely tracking “good” corrections. That has started to change in recent sessions, and now the closest precedent is from November 2007.Double ...

Read More ...

Unstable Staples Lead To Energy Bounce

2018-03-22 | Jason Goepfert


This is an abridged version of our Daily Report.Staples are unstableConsumer Staples hit a 52-week low on Wednesday even while the broader market holds up. The only times in more than 90 years we’ve seen this to this degree were in 1993 and 1999, which led to gains over the medium-term.Times ...

Read More ...

Technology Beats Utilities As Confidence Rises

2018-03-21 | Jason Goepfert


This is an abridged version of our Daily Report.Tech ramps against staid UtilitiesThe ratio of Tech to Utes has soared in the past couple of years, similar to the 2000 bubble years. It’s not quite that extreme, though, and there were other periods when investors greatly favored the riskier ...

Read More ...
next page →