ETF Analysis & Opinion

Blogging will be light for another few weeks. We should be back with regular posts in early November.In four different posts in August and September, we laid out how we expected this correction to...

Last week’s review of the macro market indicators suggested heading into October Options Expiration week that the equity markets were looking stronger, but had not sent the all clear signal...

The Megaphone Right Shoulder Set-Up Shanghai Stock Exchange Megaphone Set-Up The Shanghai Stock Exchange Composite is forming a megaphone top (gray on chart) within a larger megaphone (orange on...

A quick update on SPDR Gold Shares (N:GLD) for readers and by request…GLD reported another nice build in reported gold holdings Thursday – about 5 tons. That comes on the heels of a nice...

As the post-“crash” recovery lurches to another high, the mainstream media and bulls are spewing left and right: I am surprisingly nonplussed about the entire affair. I remain...

Chart of Opex Rallies and Subsequent Selloffs (h/t NorthmanTrader.com) I’ve been noticing that the (N:SPY) put-call ratio has not been working as well as it used to as a contrary indicator in...

The gold miners (N:GDX) have rallied a whopping ~35% in the last month. However, we have seen this movie before and watched many rallies quickly fizzle as the goldies slump to fresh all-time lows.In...

T2108 Status: 57.6%T2107 Status: 26.2%VIX Status: 18.0General (Short-term) Trading Call: Neutral (target of 1996 on the S&P 500 occurred ahead of overbought conditions. Active T2108 periods: Day...

During the throes of the 2008 bear market, I looked back at the Russell 2000 aghast and wondered to myself: how could I have missed something this obvious? Not to say that I wasn’t short and...

Those who were smart, prescient, and lucky enough determined that March 9, 2009, was the absolute bottom of the stock-market debacle during the financial crisis. At that point there was panic...

Monitoring purposes SPX: Sold on 10/5/15 at 1987.05; gain 2.28%. long SPX on 9/22/15 at 1942.74. Monitoring purposes Gold: Flat Long-Term Trend monitor purposes: Flat The SPY pulled back today and...

Technical Outlook:SPX is faltering as it struggles to break through and close above the highs of 9/17 of 2020. 3-day range on the 30-minute SPX chart was broken yesterday on a move below...

Emotional Reaction To A Red DayIf you have been around the markets for any length of time, the following statements seem rational and logical:Stocks have green days and red days during a bull...

ES would Usually Bounce Off the Orange Line and Retrace to the Top Touch on the Top of the Red Falling Megaphone ES would usually bounce off the orange line, which is the bottom of a large rising...