The McClellan Oscillator has nosed dived into negative territory in the last two days. Such instances occurring in the last year have generally been followed by bullishness.
Category: Chart Of The Day
(Just Charts)
DATAMINING FACTOID OF THE DAY
Does the large volume day in the transports portend worse times ahead? In the last year the Transports ETF (IYT) has experienced just 8 days where downside volume was greater [ … ]
THE BETA TRADE HAS BEEN GOOD TO INVESTORS IN 2009
Which might be the best reason to avoid it….
CHART OF THE DAY: THE HANG SENG/BALTIC DRY DIVERGENCE
The Chinese stock market and the Baltic Dry Index have an extraordinarily high correlation to one another. In recent weeks, however, we’ve seen a sharp divergence. The correlation is primarily [ … ]
SHOULD THE CALL/PUT VOLUME RATIO WORRY INVESTORS?
Recent history would imply that sideways/down market is in the cards:
CHART OF THE DAY: VOLATILITY AND THE BUSINESS CYCLE
Excellent chart here on the business cycle and volatility. If the economy is truly recovering expect to see volatility continue its slow grind lower: Click for larger image Source: GS [ … ]
BULLISH SENTIMENT AMONG INDIVIDUAL INVESTORS PLUMMETS
The latest reading out of the AAII bullish sentiment poll plummeted to 34% on the week. Looks like Monday spooked a lot of small investors out of the market….
IT’S DIFFERENT THIS TIME
Fantastic data out of Gluskin Sheff and David Rosenberg this morning. This recovery really is different this time. Now investors really have to ask themselves whether it should be different [ … ]
THE “POP, STALL & SUSTAINED RALLY”
Goldman Sachs now believes we are in a “sustained rally”: