How Long Can  the Divergences Last?

How Long Can
the Divergences Last?

Key Points Utilities Have the Weakest Intermediate-Term Breadth NYSE Advance/Decline Metrics Remain Under Pressure Uptick in New Lows for a Second Consecutive Week on the NYSE S&P 500 Breadth is More Resilient Small Caps Remains the Worst of the Bunch Chart in...
One More Chance for the  “Buy the Dip” Crowd?

One More Chance for the
“Buy the Dip” Crowd?

Key Points A Relative Breakout for Semis Could be a Bullish Equity Signal Will the 50-day Moving Average Give the “Dip Buyers” Another Chance in the S&P 500? NASDAQ 100 Remains Leadership; Small Caps Continue to Lag Commodities Trade to Five Year Highs Sentiment...
When Will Investors  Make Up Their Minds?

When Will Investors
Make Up Their Minds?

Key Points Dow Theory Non-Confirmation Remains in Place Key Themes Hold Trend After a Four-Day Decline in the S&P 500 High-Beta vs. Low-Volatility at a Decision Point Lumber/Gold Ratio Still Holding Support One Last Hurdle for the Growth/Value Ratio Chart in...