Risk Levels Remain Elevated
As we mentioned at the beginning of October, the US stock market has been climbing a wall of worry since January this year and even went to new all time highs in September - seems like such a long time...
Risk Levels Continue to Rise
As we approach the U.S. mid-term elections in two weeks, we notice a continuation of deterioration in our main indicators. The NYSE Bullish Percent reversed down in early October...
Equity Markets Climb Wall of Worry or Hit Resistance
Since the end of January, the US stock market has been climbing a wall of worry as interest rates have been rising, oil prices have been rising and tariffs have become part of the conversation. Last week...
Equity Markets Continue to Demonstrate Strength
As we move into the summer months when stock markets can experience some lazy days, we continue to see equity stock markets move ahead in a number of areas...
Has Anything Changed?
We saw the volatility increase significantly in the month of February following some very good earnings reports from many Corporations. As a result, there was some significant downside movement in many...
Risk Levels Continue to Rise
After a year of extraordinary low volatility as defined by the VIV index or the volatility/fear index, we see the VIX move back up to the 26 level on Friday March 23, 2018 as the US stock markets look...
A Pause that Refreshes?
As we discussed earlier this month, it was a very quick reversal down in the BPNYSE from the 70% level to 46% in a matter of a couple of weeks. Within a week we see a reversal back up above the 50% level...
Opportunity or Otherwise
It was a discouraging week any way you slice it. We continued to see the deterioration of the BPNYSE as it reversed below the 50% level to end Feb 9 at 45.9% - another 5.5% slide for the day. This breadth...
Volatility has Returned
After an extremely strong January and a very good 2017 for the US and international stock markets, all of a sudden we see a fall-out in the US stock market. Thoughout 2017 there was very little volatility...
The Main Coach is Back on Offence
If you have been following this blog for any period of time, you will notice that I spend a lot of time discussing what the Bullish Percent indicator is doing for a recognized stock exchange or index....
Is the Toronto Stock Market Having a Summer Sale?
The Global Stock markets have had a very good start to the year with Toronto's TSX being one exception. The TSX had an excellent 2016 and ultimately made a new high in February 2017 at around 15,900...
Global Tensions Have Increased
As we listen to global tensions increase in the global markets, I find it helpful to review our Point & Figure indicators to see what is changing. The US stock market as measured by the S&P 500 moved ...