The S&P 500 is at the very top of its trading range, and bumping up against an 18-year old resistance level. Will it be able to break out? Can a breakout last? Here is a look at two indicators that have been spot on for months.... >> READ MORE...

This is somewhat surprising. Although stocks are trading in a tight range within striking distance of their all-time highs, some bearish (bullish for stocks) sentiment readings are popping up.... >> READ MORE...

Talk about a giant dirt nap. The Dow Jones hasn’t gone anywhere since December. In fact, by one measure, the Dow Jones just had the longest period of inactivity ever seen.... >> READ MORE...

Yawn! That’s been the status quo for the last four months. The S&P today is exactly where it was on December 26. All ranges end eventually (often with a bang) and here’s a look at the tell tale signs that foreshadowed recent weakness.... >> READ MORE...

Over the past year, investment celebrities like Carl Icahn, Wilbur Ross, George Soros, Stanley Druckenmiller, etc. have warned of a bull market end … but the bull keeps on trucking. This indicator is no celebrity (yet), but unlike many pros, it’s been right for many, many years.... >> READ MORE...

Investor sentiment is a paradise for ‘data massagers’ right now. Stubborn bulls and bears could easily find charts to support their view right now. Perhaps we should focus on the difference, the opinion spread, rather than individual opinions.... >> READ MORE...

Not too long ago, the stock market was stronger internally than the chart suggested. Subsequently it rallied to new all-time highs. But lately, the market has been deteriorating, and is weaker than the S&P 500 chart suggests.... >> READ MORE...

Like gold nuggets, high probability setups are rare and precious. They come with a very high probability of being profitable. Here is how to identify high probability setups, and one recent example.... >> READ MORE...

Flashback: In QE times, bad news was good news, because it meant more QE. Today: Bad news (i.e. latest unemployment numbers) is good news, because it means lower interest rates for longer. But, history shows rising rates aren’t as scary.... >> READ MORE...

The Nasdaq QQQ ETF just shot out of a multi-week bullish flag consolidation pattern. Here is a closer look at the pattern, the potential up side target and emerging warning signs.... >> READ MORE...