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


November 24

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


November 21

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


November 20

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


November 19

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


November 18

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.


November 17

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


November 14

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.


November 13

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


November 12

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.


















​​​​​​​​​

​​






​​​​

​​
​​​​





​​​​​​​​​

​​​​​​
​​

​​
​​​​

​​​​​​

​​
​​​​


​​​​​

​​​​​




​​​​
​​​​​​​​​​
​​​​​​
​​​​​​​​

​​​​​​​​



​​
​​​​​​

​​​​​​​​
​​


​​​​
​​
​​​
​​​​​​​​


​​​​​​

​​


​​​​
​​​​

​​​​​


​​​​​



​​​​​

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

​​​​​


​​​​


​​​​

​​​​​​

​​
​​​​​​​
​​



​​


​​​​

​​​​​​

​​​​​

​​


​​
​​

​​
​​​

​​​​

​​​


​​​​​

​​​




​​​​​

​​​​

​​

​​​​


​​​​

​​​​​​




​​





​​
​​​​

​​​
​​
​​​




​​
​​


​​

​​



​​

​​​

​​​​


​​​​
​​
​​​​




​​
​​​


​​​​​​

​​​​​​​​

​​​​​

​​​
​​
​​

​​​


​​​​​

​​​
​​​​​​

​​​​


​​​








​​
​​​​​
​​
​​​​


​​
​​​​

​​​
​​​​
​​
​​​
​​
​​​


​​​


​​​


​​​
​​​

​​​

​​​​​



​​
​​​​



​​





​​






​​​​

​​​​



​​​​



​​


​​








​​


​​
​​​




​​


​​​










​​




​​​


​​

​​
​​


​​​


​​




​​​





​​​





​​










​​




​​

​​


​​





​​​
​​



​​
​​




​​

​​​​​​​




​​

​​












​​​
​​


​​





​​

​​



​​


​​​




​​




​​​



​​





​​​​


​​




​​





​​​


​​



​​​




​​​

​​​




​​

​​

​​












​​​

​​​

​​​


​​


​​​​




​​​




​​​



​​







​​




​​​​
​​





​​


​​

​​




​​














​​​​




​​

​​



​​





U

C

E

A

G​​​
​​​​
M

U

C

E

A

G​​​

Follow Us on StockTwits