2014 has been the year of bull traps, here’s another trap under construction: Corporate bonds, represented by the iShares iBOXX $ Investment Grade Corporate Bond ETF, paint a fairly clear technical picture.... >> READ MORE...

There have been many fits and starts lately. False break outs, bull traps, bear traps, you name it. Nevertheless, stocks are basically where they started this year. After a severe Nasdaq selloff, we wonder again: Is this one for real?... >> READ MORE...

If it looks like a duck, quacks like a duck, and walks like a duck, it’s probably a duck. This could be trouble, because the Nasdaq looks like it’s at the beginning stages of a bearish head-and shoulders pattern.... >> READ MORE...

Thursday was a great day for Apple, an average day for indexes with some exposure to Apple, and a forgettable day for ex-Apple indexes. This raises the question: How strong (or weak) would this week’s market action be without AAPL? ... >> READ MORE...

MACD for the S&P 500 just turned positive, but does the S&P 500 have the ‘escape velocity’ needed to break out to new highs and more importantly maintain new highs? This ‘risk on – risk off’ gauge shows investors are feeling weary.... >> READ MORE...

The Nasdaq VIX is ‘climbing up saucer support.’ This pattern is quite rare, but has some prominent precedents: Silver and gold in 2011 and Apple in 2012. Could a Nasdaq VIX ‘saucer break down’ lead to a similar decline?... >> READ MORE...

Based on a recent poll, investors feel strongly that this bull market is coming to an end (or has already ended). Ironically, this kind of conviction is usually fertile soil for a continuation of bull markets.... >> READ MORE...

Stock market bears had a ‘do or die’ chance to take the market lower, possibly much lower, … but they fumbled it. Now bears are back in a dark corner and need to take a stand almost immediately to avoid new all-time highs.... >> READ MORE...

Mirror mirror on the wall, which is the fairest day of all? A curious statistic shows that the strongest day of the week captured 75x the 2014 S&P 500 gain. While this may be a nuisance stat, there’s also a more helpful one.... >> READ MORE...

U.S. equities are part of an intricate global financial ‘ecosystem.’ They do not trade in a vacuum. As part of something bigger, U.S. equities are subject to certain correlations, which provide clues about U.S. stocks’ next move. ... >> READ MORE...