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...

Last week’s decline has turned many short-term trend following and technical indicators bearish. There’s little evidence for an immediate bottom, aside from this one chart (which has an impressive track record):... >> READ MORE...

After a dismal week stocks are up nearly 1% today. This could be a ‘dead cat bounce’ or – as we’ve seen so often lately – the beginning of another rally leg. Here’s one way to tell whether today’s bounce is ‘real’ or not.... >> READ MORE...