Always consider hidden risks
Desloges CFA is a professional investment consultant/ blogger/ trader
with over 25 years of experience working on the buy and sell-side.
have researched and invested in traditional and alternative asset classes and
worked at Pensions Funds, International Banks and Dealers. More...
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SP500 Index Bull% Index: Still Bullish ?
But getting over the 200 DMA on that Indicator have been in the past a first warning sign of overbought conditions building up.
ETF s Volume Adv/Decl: Near Overbought Zone ?
It is now getting near overbought territory...
The Semiconductor Sector (SMH): Near Testing the Resistance Trendline ?
The Semiconductor Sector ETF ( SMH ) is currently near testing the Major Resistance Trendline at 54.11
Technical Observation of the Day: Broke the 20 DMA on Linkedln - LNKD
On November 21, LNKD closed below the 20 DMA at $221.62
SP500 CBOE SKEW Index: SKEW Spiking ?
The option market is telling us to expect the market to an atypical return profile
The Energy Sector : Lowest Level Since April 2007 on a Relative Basis ?
And on a ratio basis ( Energy Sector ETF ( XLE ) over the Mighty SP500 Index ), the last time it did reach that level was in April 2007.
Technical Observation of the Day: Tested the 20 DMA on Microsoft - MSFT
On November 20, on MSFT, it did test the 20 DMA then at $47.96 and rebounded from that level
SP500 Financials and VIX: A Fear Premium Building Up ?
The market is telling us to expect a risk off wave ( Volatility Premium Building Up going Forward )
Internet Stocks (FDN ETF): My Broken Uptrend Channel ?
The Internet Index Fund broke the Uptrend Channel that started on October 20 at 61.76
Technical Observation of the Day: Broke the 20 DMA on Bank of America - BACOn November 19, Bank of America Shares broke on the downside the 20 DMA then at $17.10
The VIX/ Gold Correlation US Dollar and SP500: Higher Volatility Ahead ?
VIX/GOLD correlation getting near 0.75 on November 18 and VIX was under 14, indicating more volatility ahead...
The Material Sector (XLB): Outperforming SP500 ?
Interesting to note the outperformance began when the ratio hit a bottom level reached in July 2013.
Technical Observation of the Day: New High on Nasdaq 100 - QQQ
On November 18, a new high on QQQ at $103.82
SP500 : High Beta - Low Beta ETFs: Risk On Behavior ?
The level of risk taking according to that ratio is far from the zone reached at previous high at the beginning of July and then in mid-September 2014.
TSX60, Cdn Dollar and SP100: Canadian Assets at Discount ?
On a relative basis, the last time it was that cheap for the Canadian Stocks was in July 2005.
Technical Observation of the Day: Broke the 20 DMA on Google - GOOG
On November 17, Google Shares broke the 20 DMA then at 545.05.
Russell 2000 and DJ Industrial ratio: Russell at Crossroads ?
That ratio ( Russell 2000 over DJ Industrial ) is testing a resistance trendline since October 28.
SP500 Utilities Sector: My Broken 21 DMA on XLU ?
Also, on November 14, XLU broke the 21 DMA ( Day Moving Average ) - a technical warning sign indeed.
Technical Observation of the Day: 200 DMA Tested on Amazon - $AMZN
On November 14, AMZN tested the 200 DMA then at $ 328.68
Stocks to Bonds Ratio : Still into the Critical Zone ?
The only time that this ratio and the 50 DMA was at that level was in December 2007.
SP500 (E-Mini) Volume Last Year and Now: Volume Down 11.5% ?
So the volume decreased with the SP500 futures making new highs; not showing a lot of conviction to me...
Technical Observation of the Day: Back Above the 50 DMA on Amazon - AMZNOn November 13, AMZN closed above the 50 DMA then at $ 314.99.
Russell 2000 vs SP500: Break Out ?
The 21 DMA broke the resistance trendline and then gives a real bullish impulse to the Russell on a Relative Basis to the Mighty SP500.
SP500 Financials Weekly: Testing Major Resistance Trendline ?
We are in the process of testing a Major Resistance Trendline at 24.27 that started on March 17 2014 on the XLF ETF.
Technical Observation of the Day: 20 DMA Above the 50 DMA on SPDR SP500 ETF - $SPYOn November 12, the 20 DMA on SPY at $198.03 crossed above the 50 DMA at $197.32
SP500: Ratio % Stocks Above50/200 DMA: Ratio Reached Level of Prior Correction ?The strong rise in this ratio since October 16 bring the level reached on previous turning points for the market ( corrections ).
SP500 and Russel 1000 Financial Services and VIX: No Fear Into the Market
Since October 20, that ratio rose gradually and reached the zone associated with a no fear factor and well overdone on a short term basis.
Technical Observation of the Day: Back above the 50 DMA on Tesla Motors - TSLA On November 11, Tesla Shares came back above the 50 DMA at $249.43.