‘S&P 500’ Archive

Topping patterns in the hottest of the hot?

CLICK ON CHART TO ENLARGE I am a fan of watching leadership. When leaders get into trouble, they can have a huge influence over the broad markets. The above chart looks at the S&P 500 and the hottest sector and hottest key global stock index of late. Over the past year, Biotech ETF (XBI) is […]

Markets historically healthy when these take place

CLICK ON CHART TO ENLARGE Value/Growth ratio… spent about a year and of late has broken out. Discretionary/Staples ratio…pushing above a pennant patter, with support in place that started back in 2010 Russell/S&P ratio… hit support in October of 2014 and continues to move higher, reflecting an out performance on the part of small caps. […]

S&P 500 – Could be a dangerous place if Janet says wrong thing!

CLICK ON CHART TO ENLARGE Some feel the Fed has had a little bit to do with where the price of the S&P 500 is right now. Do you agree? Right now the S&P 500 is in a tricky spot for both the bulls and bears.┬áThe positives at this time, the trend remains up, as […]