Recent Entries

  • $OVX, No Bueno

    An elevated Oil Volatility Index isn’t good enough reason alone to short crude. However, it’s tough to be a true bull as this measure of fear in that market warns.

  • Thrust

    Back to back accumulation days on the S&P 500 gives the Bull some momentum going into February. It’s mostly been energy stocks bouncing off lows, so we won’t get too excited. Yet a broader bounce is still very much in play. Bias stays with the Seller at this juncture. Only TAL Education Corp. (XRS) meets our strict […]

Chart Watch

  • An elevated Oil Volatility Index isn’t good enough reason alone to short crude. However, it’s tough to be a true bull as this measure of fear in that market warns.

  • All bets off for the Bull rebalancing until we see a turn around in the high yield corporate bond ETF (HYG.) Weekly chart shows price action well below the 40-period exponential MA.  No Bueno.

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