Global Volatility Snapshot – $VIX , $SPY

ChartOfTheDay

So far this week, the S&P 500 index has moved more than 0.5% (in either direction) in each trading session.  If the index moves more than 0.5% today, it will be the first time since June 2013 that … [Read more...]

Name That Trade – $BA Humbug

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Boeing has been a major laggard in 2014, after a monster performance in 2013 on a breakout to a new all-time high.  We have been negative on Boeing for the past year as a result of the stock's … [Read more...]

Chart of the Day – Your Breadth Stinks

ChartOfTheDay

The chorus of cries of "weak breadth" and " weak internals" has intensified in the past couple of weeks.  The S&P 500 index has remained near all-time highs, but the Russell 2000 has severely … [Read more...]

Name That Trade – $CAT Scratch Fever

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After what can only be described as a massive under-performance for Caterpillar (CAT)  in 2013 (up 1% vs the SPX up 30%), the stock is making up for lost ground in 2014, up about 20% (33% from the 52 … [Read more...]