FINANCIAL ICEBERG
Always consider hidden risks



Jean-Pierre Desloges CFA  is a professional  investment consultant/ blogger/ trader with over 25 years of experience working on the buy and sell-side.

​​I have researched and invested in traditional and alternative asset classes and worked at Pensions Funds, International Banks and Dealers.   
More...




If you would like to receive our free daily markets updates, please Sign-up
Thanks for following me...
SUPPORT THIS BLOG
Individuals​






If you feel you have received some valuable information from this site, you
​can help this blog and it will be gratefully accepted to help support my efforts to provide you with timely and insightful comments on trading and investments.

Payment Options
SUPPORT THIS BLOG
Institutionals
Payment Options
Market Insight

New Product Offering:  ​​The iPackages - ​Trading Apple Shares - AAPL

Financial Iceberg offer 3 specific packages that cover all the needs you are looking for to trade Apple Shares.

August 29

VIX and SP500: Fear not Priced in Yet ​?
The VIX is not pricing any fear at those levels.

Volume Advance-Decline of Financials: From Overbought Zone ?
Financials reached the overbought zone above the 40 mark on August 27.

Technical Observation of the Day: Broken 20 DMA on Plug Power ( PLUG )
On August 28, we broke the 20 DMA ( Day Moving Average on PLUG at $5.72.


​​​​​​August 28

​​SP500: Ratio % Stocks Above50/200 DMA: Divergence ?

A new high on SP500 on August 26 compare to the previous high on July 3 did not bring that ratio near the previous highs of June 20, reflecting a huge divergence and weaker technical market.

Internet Stocks (FDN ETF): Outperforming SP500 ?
Take note that Internet Stocks outperformed since August 5 the SP500.

Technical Observation of the Day: Shooting Star on Bank of America on August 26 - A Follow Up ( BAC )


​​​​​​August 27

Technical Observation of the Day: Shooting Star on Bank of America ( BAC )

SP600 : Volume A/D: Near Overbought Zone ?
This ratio is now getting near an overbought zone.

The Material Sector : Underperforming SP500 ?
The Material Sector ETF ( XLB ) started to underperformed ​ ​since August 6 ​compare to ​the Mighty SP500 and the 21 DMA
​​turned south on August 22.

​​


​​​​August 26

The VIX/ Gold Correlation US Dollar and SP500: Higher Volatility Ahead ?
VIX/GOLD correlation at 0.88 and VIX below 12 are pricing ​total complacency...

The Energy Sector : My Uptrend Channel ?
The Energy Sector ETF ( XLE ) is within an uptrend ​channel that started on August 7.
​​
SP500 (E-Mini) Volume Last Year and Now: Volume Down 21.6% ?
So for the last 14 sessions, e-mini SP500 futures traded compare to last year at the same period a 21.6% decrease.

​​​​August 25

SMBDH Trendicator : Overbought Zone ?

High Beta / Low Beta ETFs : Still Risk On ?

SP500 : Price Volume Trend : Divergence ?

​​​​​August 14

SP1500 Volume Advance-Decline: Short Term Near Overbought ?
On a short term basis, the SP 1500 AD Volume Line is getting near the ovebought level zone. ​

Russell 2000, DJ Industrial and SP500: Russell Outperforming DJ ?
And the 21 DMA is in a reversal phase, indicating an outperformance of ​the Russell 2000 compare to the Mighty Dow Jones Industrial


​​​​​August 13

SP500 Financials HVol: Historical Volatility Still Grinding ?
HVOL did reached on July 2 level last seen back ​to January 2014 and finally rising since.

The Industrial Sector : 200 DMA Tested ?
The XLI ETF did test the 200 DMA (Day Moving Average) since July 31 but did close above on August 8: a good technical sign indeed. ​​
​​
​​​​​August 12

NASDAQ McClellan Indicator and SP500: From Oversold Zone ?
This indicator is rebounding from an oversold stance (under -30) and ​still have ​some room on the upside.

The Healthcare Sector : Still Below the 50 DMA ?
And on August 5, we tested and broke the 50 DMA then at 60.84, ​a very bad omen for the Healthcare Sector ETF ( now at 60.91 ). We are still below the 50 DMA.

​​​​​August 11

SP500 CBOE SKEW Index: SKEW Collapsing ?
The option market is telling us to expect the market to a normal return profile.

SP500 and Russel Financial Services and VIX: Fear Priced Into the Market ?
​​On August 8, the 7 DMA reached level ( 73.7 ) not seen since February 14 2014, indicating that the market is pricing too much fear on a short term basis.

​​​​August 8

NYSE Summation Index: A Macro Signal : Still Into a Bearish Mode ?
Each time we had the 7 day moving average going down ​(it did on July 9 with SP500 at 1973), market followed​​.

The Oil / Gold Ratio and SP500: A Bearish Mix ?
​A bearish mix since July 25.

​​​​​August 7

SP500 Index Bull% Index: Still Weakening ?
This ratio turned bearish since July 17 and now stand ​at 70.00% (75.69% for the 7 DMA) ​and reached level not since since May 8.​

Russell 2000 vs SP500: Russell = SP500 at 1420 ?
The last time the 7 DMA was at that level (.582) was back in December 2012 when the SP500 Index was trading at 1420​...​​

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Trading the SP500 E-Mini - The SP500 Package
The SP500 Package is Entirely Dedicated to intraday and dailly trading of the SP500 E-Mini Futures.

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

​​​​​


​​​​


​​​​

​​​​​​

​​
​​​​​​​
​​



​​


​​​​

​​​​​​

​​​​​

​​


​​
​​

​​
​​​

​​​​

​​​


​​​​​

​​​




​​​​​

​​​​

​​

​​​​


​​​​

​​​​​​




​​





​​
​​​​

​​​
​​
​​​




​​
​​


​​

​​



​​

​​​

​​​​


​​​​
​​
​​​​




​​
​​​


​​​​​​

​​​​​​​​

​​​​​

​​​
​​
​​

​​​


​​​​​

​​​
​​​​​​

​​​​


​​​








​​
​​​​​
​​
​​​​


​​
​​​​

​​​
​​​​
​​
​​​
​​
​​​


​​​


​​​


​​​
​​​

​​​

​​​​​



​​
​​​​



​​





​​






​​​​

​​​​



​​​​



​​


​​








​​


​​
​​​




​​


​​​










​​




​​​


​​

​​
​​


​​​


​​




​​​





​​​





​​










​​




​​

​​


​​





​​​
​​



​​
​​




​​

​​​​​​​




​​

​​












​​​
​​


​​





​​

​​



​​


​​​




​​




​​​



​​





​​​​


​​




​​





​​​


​​



​​​




​​​

​​​




​​

​​

​​












​​​

​​​

​​​


​​


​​​​




​​​




​​​



​​







​​




​​​​
​​





​​


​​

​​




​​














​​​​




​​

​​



​​





U

C

E

A

G​​​
​​​​
M

U

C

E

A

G​​​

Follow Us on StockTwits