‘S&P 500’ Archive

No calendar year (since 1950) has gone further into the year without a 4-day losing streak than 2014.

  CLICK ON CHART TO ENLARGE Can you believe Thanksgiving is almost here? Just five short weeks from now we will be celebrating a New Year! This year went fast for you? The above chart highlights that since 1950, no calendar year has gone further into the year without a 4-day losing streak! S&P 500 […]

Bullish wicks signaled big rally ahead, says Joe! New ones forming? Looks like it!

  CLICK ON CHART TO ENLARGE 34 days ago the S&P 500 was up 2% on the year and the German Index (DAX) was down almost 6%. At that time Joe Friday shared that the DAX appeared to be sending a bullish message to global stock markets, as it looked to be creating a bullish […]

This hasn’t happened since 2007 and could be bearish for stocks

  CLICK ON CHART TO ENLARGE Looking back at 2006/2007, several key market indicators started diverging from the S&P 500, before the large decline in 2007/2008 took place. The above chart compares the Staples/Discretionary and Russell 2000/SPY ratios against the S&P 500 over the past 5-years.  The blue shaded areas reflects that both ratios started […]