New Trade – $DIA: Blast From the Past

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Regular readers of the site know that we don't generally refer to the U.S. equity market in terms of the Dow Jones Industrial Average (DJIA).  The index of 30 stocks (largely not industrials) is price … [Read more...]

Global Volatility Snapshot – $VIX , $SPY


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


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


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...]