‘S&P 500’ Archive

Too tough of a nut to crack for the Fed?

CLICK ON CHART TO ENLARGE Two of the U.S. broadest index’s (NYSE Composite & Wilshire 5000) are both facing a series of resistance lines that so far stopped them on a dime towards the end of May. Could the confluence of resistance lines at this time become important since they took place in May (Sell [...]

Percent of indicators at bearish extremes drops off for S&P 500.

CLICK ON CHART TO ENLARGE Shared the sentiment chart above last week with Members, reflecting that the percentage of indicators at bearish extremes was declining a good bit of late despite a small decline in the S&P 500. It was info like this that caused me to harvest gains in our international short positions we [...]

This would be the “Perfect Storm” for portfolios!

CLICK ON CHART TO ENLARGE “The Perfect Storm” for most portfolios would be… stocks and bonds fall at the same time! The above 2-pack reflects a couple of key support lines for bonds and stocks are being pushed on very hard!  If this action continues, it would hurt the value of many portfolios! This odds [...]