Sentiment has once again shifted rapidly in recent weeks as the bi-polar market continues its confused, drunken walk. The Investors Intelligence Survey showed a bullish reading of 52% before the [ … ]
Category: Chart Of The Day
(Just Charts)
WHERE ARE WE NOW? A TECHNICAL LOOK
Markets have continued to trade in a range over the last few months and deciphering the moves doesn’t appear to be getting any easier as the fundamentals become even more [ … ]
SMALL SPECULATORS REMAIN BEARISH
The latest data from the CFTC shows continued bearishness from small speculators. Small speculators have been skeptical of the rally since its inception and remain so. More importantly, they have [ … ]
CHART OF THE DAY: BONDS LOOK LIKE A GOOD BET
According to data compiled by Bloomberg, bonds haven’t declined in consecutive years since the 1950’s. On the back of last year’s 11% decline and the continuing low inflation environment bonds [ … ]
CHART OF THE DAY: HOW BAD ARE THE JOB LOSSES?
Today’ Chart of the Day comes to us courtesy of www.chartoftheday.com. The jobs market is worse than you think: “Today, the Labor Department reported that nonfarm payrolls (jobs) decreased [ … ]
CHART OF THE DAY: TOP-LINE GROWTH MAKES A COMEBACK, OR DOES IT?
The talking heads are all aflutter about the “return of revenues”. This earnings season has been far better than expected (as we expected). With about half of the S&P 500 [ … ]
IS THIS THE BEGINNING OF A NEW BEAR MARKET IN CHINA?
The most basic definition of a bull or bear market is the market’s position when compared to the 200 day moving average. Most chartists consider a market above the 200 [ … ]
THE TECHNICAL LOOK: MORE CORRECTION AHEAD
The technical perspective from Decision Point: Last week’s breakdown led me to believe that a medium-term correction was just beginning. So far this week that opinion has been reinforced by [ … ]
MATERIALS MOST OVERSOLD SINCE 2008
Today’s chart of the day comes to us courtesy of Bespoke Investments Group. They note the extreme oversold conditions in the materials sector: The 10-Day A/D Line for the S&P [ … ]