April 28, 2016: Margin Debt Increases & Doesn't Help Bears / Leuthold In Mini-Captitulation Of Bearish Stance
Stephen, on vacation, asked to have this posted
Taking Off For Awhile......I'm not going to post much if anything in the near future unless there are macro signal(s) in equities either to the upside or downside that appear significant and enduring. In the meantime, I wish good luck to all of you.
April 22, 2016: "90% Rule" Flashes, A Rare Buy Signal According To Newsletter
Posted by Janet for Stephen who is traveling:
Dan Sullivan, 2009
10:54 Morning Update: 5 Minute - Daily Charts
April 20, 2016: 11:30 AM - Taking Off For Awhile......I'm not going to post much if anything in the near future unless there are macro signal(s) in equities either to the upside or downside that appear significant and enduring. In the meantime, I wish good luck to all of you
April 20, 2016: 10:10 AM - Weekly VIX/S&P 500 Model With Tom DeMark Indicators 10:10 AM VIX is trading with a 12 handle and attempting to take out October 2015 low
10:45 Daily S&P Industry Groups With Tom DeMark Indicators.....on several charts below you'll see early breaks through DeMark BuyTDSTs, indicating that a powerful momentum move might be coming
10:10 AM Daily S&P 500 With Patterns, Breadth, New Highs, Volatility - Market is rallying on a series of bulls flags that indicate a relatively healthy environment for the time being. The Doha disappointment has been thrown aside ( see below) as crude oil moves back above $40........what must happen for the Leuthold and DeMark nightmare to be fulfilled?
Sell In May & Go Away? Or was the S&P's 15% correction -- while many other indexes went down well over 20% -- equivalent to a bear market in this era of waterfall liquidity and no fear from central bankers about moral hazard?
April 18, 2016 2:45 Trend Up Day Continues......DJIA is trying to close above 18,000 for the first time since last summer, and the Russell 2000 above the 200 Day ma for first time since summer of 2015 also
April 18, 2016: Junk Bond Spreads Continue To Implode
12:25 Daily Russell 2000.....first move over 200 Day since August 2015
April 18, 2016: 11:38 AM - Mid-Morning Market Action....5 Minute - Daily .....market made an "A Up", a good breakout from the opening range after a plunge on the open. Crude oil was down a ton on the Doha failure but has rebounded significantly. Hedge funds betting too heavily on an oil freeze are being wheeled to the embalming table
2:40 PM - Equity Market Rally Broadening - The Russell 2000 is the only major U.S. index still below the 200 Day ma.....also seeing box breakouts today on most charts. Meanwhile, Apple has finally moved above its 200 Day ma, and today will be the first close above that level since early December 2015
Investors are clinging to gobs of cash, nobody has market conviction and portfolio managers are most worried that central bankers’ efforts to boost economic growth will be in vain. These are a few messages from the recent survey* of global fund managers conducted by Bank of America Merrill Lynch.The firm finds that investors held an average 5.4% of portfolios in cash, up from 5.1% a month earlier and just shy of February’s 14-year high. Michael Hartnett, Bank of America’s ML’s chief investment strategist, notes that such high cash levels are unusual smack in the middle of global market rallies. -- Barron's 4/13/16