VIX collapse
In an interesting turn, the CBOE Market Volatility Index (VIX) broke thru 11 to the downside today. I believe that is a fresh 52...
Chart of the Week: Personal Expenditure Income Ratio versus...
Our latest chart comes courtesy of Michael Panzner, author of "The New Laws of the Stock Market Jungle" click for larger...
Psychology & the Impact on Market Internals
What is the significance of the successful Iraq vote? The first blush was a euphoric declaration of victory, with pre-market equity...
Chart of the Day: S&P 500 Cumulative Advance/Decline Line
The downtrend in the S&P 500 Cumulative A/D line has been broken. This is the first sign of improving internals since the market...
Welcome Hundred Percenters & Conservative Underground
Glad to see you folks! I am sorry, however, to inform you that you were unfortunately brought here under false pretenses. The maps which...
Cyclical Bull Market to End This Year
I spoke with Jim Welsh yesterday — he writes the The Financial Commentator out of Carlsbad, California. His views of the overall...
A Promising Start, But . . .
I’ve been hearing a lot of chatter rationalizing the weak market the past few weeks – as well as euphoria for yesterday’s rally. I...
Sorry, please try again
I am NOT at all impressed with today’s bounce. Even though I mentioned yesterday I was making selective buys, I suspect...
Yes, but . . .
I have to take issue with some of the economics I see discussed around town lately: Seasonality was preempted by an overextended Q4...
Getting closer
In response to all the readers who asked: Is it safe I’m still waiting for the Nasdaq 1975 or so I mentioned last week prior to...