Market News & Insights

Chart Of The Day: US Dollar Strength Slows Emerging Markets

By now, most market participants have taken note of the US Dollar rally. In the early stages of the rally, it was simply a slow rise. However, that has given way to a rapid accent, seeing the US Dollar Index jump from below 80 to 84.75 in just over two months. And the recent surge higher in the Dollar seems to be adding some volatility to the Emerging Markets complex. In the

European Stocks & ETFs Underperformance In Focus

European stocks and ETFs have experienced a difficult summer amid a faltering currency and European Central Bank that has been scrambling to implement looser monetary policies. On the surface, the recent announcement of further rate cuts and asset purchases seems like a step in the right direction by the ECB to stimulate growth. However, reaction to the accumulation of news this year by European stocks has been less than stellar. The Vanguard

S&P 500: Magnet at 2000 Setting Stage For Volatility Breakout

Despite – or rather, because of – Tuesday’s pop, a widely followed measure of volatility on the S&P 500 just printed it’s lowest value since January 4, 2007. The SPDR S&P 500 ETF (SPY) Daily Bollinger Bands - a gauge of the standard deviation of the index’s closing value from a given (usually 20-period) moving average -  closed today with a bandwidth of only .0143. This 7 year low – surprisingly lower than even Q2

Nasdaq 100 Breakout: Watch That Retest

Over the past few months, I’ve written several pieces on the Nasdaq 100′s outperformance and leadership position. And just last month, I wrote about the Nasdaq 100 breakout above 4000. That breakout helped lead the Dow Jones Industrial Average and S&P 500 to new highs. But lost in all the excitement is the technical understanding that most breakouts get tested… whether it be sooner or later (from my post on 8/19): Now before

Traders: Stay Focused, Tune Out The Noise

No doubt, the tension on the tape is real. Stocks are attempting to consolidate near the highs (some indices better than others) with the Fed, Alibaba IPO, and the Scotland independence vote forthcoming. With all this in toe, social media is abuzz  about how it’s all going to go down. Needless to say, this likely isn’t the week to be making huge bets based on emotion. And it’s also not

WTI Crude Oil Traders: Time To Consider Covering Shorts

On August 15th, I wrote a post for See It Market about waiting for a bounce in WTI Crude Oil Futures (or related exchange traded products) before going short. If you happened to sell into the 8/21 – 8/29 rally, I believe the timing is right to consider taking a partial or full profit here. Perhaps there is more downside, but being generally conservative myself, I’d probably step out of this market

Twitter (TWTR) Strong On Debt Offering; Key Fibs Loom

Last week, Twitter (TWTR) announced that it had raised $1.8 Billion in a convertible note offering. This sent the stock higher and gave it some support throughout the week. Twitter closed the week up 2.8%, a very strong performance considering the equity markets were down for the week. By all accounts, Twitter is striking while rates are still low. But regardless of the merits of the deal, I found one technical nugget

Is The US Dollar Setting Up For Another Move Higher?

The US Dollar has the attention of the global financial markets, especially the commodities sector. Just check out the action in Grains, Oil, and Precious Metals. Earlier this week, I highlighted the weakness in Gold and Silver. Surely a function of a stronger US Dollar. So, is the US Dollar setting up for another move higher? Let’s see what the chart is telling us and check in on some key Fibonacci

AAPL Announcement: iPhone 6, Apple Watch Priced Into Stock?

As with all Apple (AAPL) announcements and new product launches, the hype and speculation was at fever pitch heading into the September 9 unveiling of the new iPhone 6 and Apple Watch. This can be seen best through the eyes of investors. In the hours leading up to the AAPL announcement, the stock was wound as tight as a drum, trading in a one dollar range for most of Friday

Trouble Ahead For Canadian Stocks?

While Canadian stocks have been setting new highs, it appears some headwinds may be approaching for our northern neighbor. If we were to look at just the pure price action then things would look pretty good for the iShares Canada ETF (EWC). Price has broken above the previous high set in 2011. However, it’s when we look under the surface that we can see some problems. The chart below shows