Investing Research

S&P 500 Market Update: A Look At Key Fibonacci Levels

Well, it’s finally Friday. What a week. The deep move lower for stocks on Monday and gyrations that followed will give traders plenty to think about into the weekend. No doubt, the stock market rally off the lows (at least thus far – it’s only mid-day!) has taken some of the…

Did Crude Oil Prices Just Bottom?

With Crude Oil prices having bounced sharply from our support targets, there’s strong evidence that the large downward move in oil prices may be complete. Looking forward, we do not expect prices to soar to 2013 levels, but traders can probably catch good moves in the coming weeks and months with an…

Dow Jones Industrial Average Nearing Critical Resistance Level

Monday was pretty scary for traders. Whether that’s just a trading bottom or a more meaningful bottom, no one knows just yet. But it does appear that the rally out of Monday’s deep decline in the Dow Jones Industrial Average (DJIA) has reached a critical technical resistance level for traders. That…

Trading ETFs In Uncertain Markets: Patience And Process

Nearly every week I spend time on my blog touting the benefits of ETFs in our investment portfolios. In my opinion, their low-cost, liquidity, transparency, tax efficiency, and global reach make them one of the best tools for growing wealth. Nevertheless, they can also provide bouts of heart stopping volatility during…

Why Market Volatility Will Be Around For A While

There is a lot going on in the land of market volatility. Readings are extreme.  On Monday, the Volatility Index (VIX) surged to the highest since January 2009 (Chart 1), and the Russell 2000 Volatility Index (RVX) to the highest since October 2011 (Chart 2). Note that both these market…

Spike In Fear Says Be Open To Market Bottoming Process

Some of the charts in this post are weekly charts, some are daily charts. To avoid confusion, you can see “Daily” or “Weekly” in the upper left corner of each chart. Monday Was A Rare Day Monday’s session saw an “oversold” CCI reading of -413 on the S&P 500’s weekly…

Random Thoughts And Market Insights

After digging through charts and reading the wires, here are a few random thoughts and market insights for today. A WSJ article this morning highlights the flood of money into Money Market accounts. If I remember correctly, on the precipice of the 2008 collapse money was fleeing MM accounts; On…

Why Interest Rates Are Going Nowhere Fast

There has been a great deal of discussion regarding whether the Fed is going to continue down the path of ZIRP [Zero Interest Rate Policy] or if we will begin to see interest rates begin to tick higher.  It is an important topic and most writings are attempting to predict…

My Thoughts On The Market Decline And A Technical Update

For the past several months, active investors have been trained to buy the dip. Or as many have said and written on Twitter, “just BTFD” with emphasis. Well, instead of the typical 3 or 4 percent pullback, this time the market had troubling intentions. But, when you think about it,…