Elections, as with other major world events, introduce a lot of new information that market participants need to digest. This often causes increased volatility as expectations are adjusted and buyers and sellers battle to establish a trend.
We've spoken about the lack of trend in the Major Indexes for a while now, but another theme that's becoming more and more pervasive is the weakness in Tech stocks.
There are trends people tend to pick up on indirectly, usually by looking at individual stock charts or ETFs on an absolute basis, seeing the relative strength/weakness, and connecting the...
Twice a year the Nifty Indexes are reconstituted on March 31 and September 30, replacing stocks that don't fit the criteria with those that do. This past weekend we adjusted our chartbooks to reflect the changes that occurred at the end of the first...
We hear this term a lot: "Overhead Supply". But what does that mean exactly?
Well, I'll tell you what it means to me. When I look at today's stock market, I see stocks rallying throughout 2017 and running into resistance, or more selling than...
People love to hear a good story. We have an evolutionary desire to gossip and be told stories even if we know they're untrue. As Sapiens, it's important to know this about ourselves. But you know who definitely knows it? The media. And they're going...
I couldn't help but see many of the same folks who were happy about Trump's "Trade Deal" tweets when they drove the stock market higher complaining as his tweets sent Futures lower on Sunday...
Last month price finally confirmed many of the divergences we were seeing under the surface and stocks began to correct...yet the Nifty 50 is sitting just shy of its all-time...
Over the last two months we've been pointing to many divergences in breadth and momentum, as well as intermarket relationships that add to the mixed near-term signals we continue to see around...