To make educated investment decisions one needs to have data (=knowledge) and interpret that data without being clouded by emotions or biases. Here is some interesting data and an even more interesting interpretation.... >> READ MORE...

Two weeks ago our research suggested that the stock market will grind higher despite record high investor optimism (which is usually bearish for stocks). This article discusses how long the grind up may continue.... >> READ MORE...

Stock market euphoria is back, and as we saw earlier this year, euphoria is often followed by despair. However, this time may be different, and here is why:... >> READ MORE...

A ton has happened the last two weeks, but you wouldn't know it by looking at the S&P 500 chart. Technical resistance has kept the trading range it place, and yet there’ve been a number of historically rare signals.... >> READ MORE...

Another first! Wednesday delivered the biggest post presidential election Tuesday pop ever! The S&P 500 gained 2.2%, yet only 45% of NYSE volume went into advancing stocks and only 55% of NYSE-traded stocks actually closed the day higher. ... >> READ MORE...

After gracing the cover of Sports Illustrated, athletes often experience a performance slump (the Sports Illustrated Jinx). As explained here, mean reversion is a much more likely cause than ‘jinx.’ The S&P 500 may have just experienced a ‘reverse jinx.’... >> READ MORE...

Confession time: Although I saw a big rally from the March low, even new all-time highs, I did not foresee such a relentless rally to new all-time highs without pullback. However, the recent drop confirmed the concerns I had all along.... >> READ MORE...

Over the past weeks, the stock market has delivered anomalies rarely seen before. I. e., the S&P 500 has rallied with more stocks advancing that declining, or the S&P has rallied along with the VIX. How did stocks do when this happened in the past?... >> READ MORE...

After a 32.8% crash, the S&P 500 has clawed its way back toward its February all-time high. Is the prior ATH strong enough to send stocks spiraling again? Here’s a look at every time the S&P declined 30% or more and got to where it’s at now.... >> READ MORE...

The S&P 500 has been unable to break above or below its trading range for over a month. It was on the cusp of a breakout this week, but does Monday's spectacular failure foreshadow a breakdown?... >> READ MORE...