Today we witnessed an important breakdown in small cap equities as represented by the Russell 2000 (IWM): IWM (Daily) After spending the last three... Continued
A Subtle Turn in Implied Volatility as Realized Volatility Craters
Since the post-BREXIT volatility spike (which lasted for two trading sessions) a funny thing has happened, volatility has completely collapsed. The Russell 2000 is on... Continued
The Chart We Are Focused On This Week
A post from Dr. Brett Steenbarger this morning reaffirmed some things that I was already thinking regarding where we may be at in the market... Continued
Equities Set For Oversold Relief Rally
The following two charts indicate that it's time to seriously considering adding to OR initiating new equity long positions: The AAII % Bulls is... Continued
Deflationary Forces Gather Strength – Where Do Investors Seek Refuge?
Yesterday renowned bond fund manager Jeffrey Gundlach said 2016 is a "go with it" environment for the Treasury bond/interest rate complex. In other words, investors... Continued
Equities Poised For Bounce Despite Long Term Damage
Last week was a brutal start to the year for equity markets with the S&P 500 falling nearly 6% and the small-cap Russell 2000 shedding... Continued
Small Caps Wrestle With Resistance As 2015 Draws To A Close
The Russell 2000 (IWM) has been testing an important area of resistance for the last few days: IWM (Daily) This resistance near $115-$115.20 on... Continued
Why The January Effect May Not Take Effect In 2016
The January effect is the theory that small cap stocks perform better in January than in any other month of the year. This is due... Continued
A Notably Bearish Trading Session
I don't know much about the news that Apple (AAPL) announced today, but I do know that the market wasn't impressed and much of it... Continued
Bearish Equity Market Sentiment is Off the Charts
Bearish sentiment has reached a fever pitch in recent days... The CNN Money Fear & Greed Index has been consistently stuck below 10 in... Continued