QE – Then, Now, & Why It May Not Work
Since the beginning of the year, the market has rallied sharply. That rally has been fueled by commentary from both…
Since the beginning of the year, the market has rallied…
Keep It Simple
Sometimes looking at the most basic charts can make you see things clearly. Currently there are many moving parts in…
Sometimes looking at the most basic charts can make you…
NOT Bullish
Below are a few charts that you do NOT want to see if markets are to continue higher. Biotech ETF,…
Below are a few charts that you do NOT want…
Divergences and the Stupidity Crowds
There are several divergences showing up in markets recently. One of the pure equity divergences is the fact both Russell…
There are several divergences showing up in markets recently. One…
The Controversy Around Stock Buybacks Explained
At face value, the notion of companies buying back shares in their own stock may seem pretty benign. But as…
At face value, the notion of companies buying back shares…
Did VIX Tell Us Something?
It was an interesting move we saw in US markets yesterday, especially the volatility space. VIX index surged the most…
It was an interesting move we saw in US markets…
Not Pretty
Sometimes it is good to look at the markets with the simplest charts. SPX reversed at the same levels we…
Sometimes it is good to look at the markets with…
Huge Reversal in Chinese Equities (not spotted by most)
The move higher in Chinese equities has taken most people by surprise, especially the fundamental investors, constantly pointing out the…
The move higher in Chinese equities has taken most people…
Crowded Gold Longs Killed
The failing crowded trades continue to implode. The saga from last year still haunts investors. Latest casualty is gold. The…
The failing crowded trades continue to implode. The saga from…
Tax Cuts A Year Later – Did They Deliver As Promised?
Leading up to and following the passage of the Tax Cuts and Jobs Act (Trump Tax Cuts) I wrote a lot of…
Leading up to and following the passage of the Tax…
It Is All About the Risk
Trump, Xi, trade deal or not, Fed, Powell, Emerging markets, long or short. There are plenty of themes for investors…
Trump, Xi, trade deal or not, Fed, Powell, Emerging markets,…
Sell Today? Risk Vs. FOMO
The market is downright bullish.  There is little reason to argue the point given the bullish trend since the December…
The market is downright bullish.  There is little reason to…