‘S&P 500’ Archive

Momentum back at 1987, 2000 & 2007 levels…Long in the tooth?

  CLICK ON CHART TO ENLARGE It usually takes an extended bull market to push “Monthly Momentum” to lofty levels. The above 2-pack looks at the S&P 500 and the DJ Transports on a monthly basis, back to the early 1980′s. The upper lines represents monthly momentum. As you can see momentum reached lofty levels [...]

China near a multi-year bullish breakout? Help push S&P higher?

  CLICK ON CHART TO ENLARGE Many major stock index’s in the United States and Europe are either at all-time highs or near them. One sixth of the worlds population can’t make the same statement though! The chart below reflects that the Shanghai Index and the popular China ETF (FXI) has greatly under performed the [...]

So Goes a HOG, So Goes the S&P 500?

  CLICK ON CHART TO ENLARGE Is it true that “So Goes Harley-Davidson (HOG) So Goes the S&P 500?”  In my opinion, that is a stretch.  Could HOG tell us something about consumption or lack of, by a certain class of baby boomers? Possible! HOG remained above a key support line for 10-years. Once support [...]