What’s Next for US Equity Prices?
It is no news to those who follow the equity markets from a distance or for those who have capital at risk, that the US and indeed the global equity…
Investors Hit the Panic Button
Interest rates have been inching higher for a few years now. The yield on a 10-year US Treasury bond bottomed on 5-July-2016 at a rate of 1.35%. This is a…
Now That Did Not Take Long
Last week, we presented an analysis concerning rising interest rates and the probable change in global money flows. It is fundamentally clear that the prognosticators on Wall Street do not…
Equity Investors Do the Splits
In a normal bull market, most stocks (65+%) rise in price. Of the dozen or so sectors that represent the equity markets, 10 increase in price. Bull markets are what we…
Lather Rinse & Repeat… or Will the Bear Go Hunting?
In yesterday's analysis of equity market price behavior, we discussed the phenomenon of the market looking like it wants to establish a trend, then chickens out. Prices start to rise, and…
S&P500 | Bulls & Bears Arm Wrestle for Control
We have not talked about volatility lately her at TOE, principally because we think the message from the volatility markets is delivered at the extremes. When the VIX, the Volatility Index…
That was Close | Time for Correction & Consolidation
I would like to start with another housekeeping note today. We are still having problems with our web hosting service. They cannot seem to install the SSL Certificate properly installed.…
Market Dipped, then it Rips
A few days ago, it looked like equity prices were finally going to roll over and sell off for a while. Price action was weak suggesting that buying power was waning.…
Every Picture Tells a Story, & So Do These Charts
If you are wondering why it is getting harder and harder to make a buck by holding a diversified portfolio of stocks, you are not alone. During the meat of…
As the Worm Turns The Market Squirms
Ever since the equity markets bottomed in March of 2009, prices have moved relentlessly higher. The price trend from the lower left to the upper right marched on without regard to…
Equity Markets: Is A Change in Leadership Underway?
Equity market prices are chugging higher. This is no news to our readers. What many may not appreciate is that the character of this market rally is changing a little…
S&P 500 vs Russell 2000: Who is telling the truth?
Participants in the equity markets have been in a battle amongst themselves for the bulk of this year. There has been every reason for the market to correct, but they…