Stocks & Bonds

S&P 500 Mid-Day Technical Trading Update – May 17

Stocks are getting hit hard today across the board, with the S&P 500 Index (INDEXSP:.INX), Dow Jones Industrials (INDEXDJX:.DJI), and Nasdaq Composite (INDEXNASDAQ:.IXIC) all down over 1 percent each at the time of this publication. Here’s a mid-day stock market update and trading outlook. S&P 500 Update & Trading Outlook…

Q1 2017 13F Filings: 5 Interesting Stocks Smart Funds Were Buying

The Q1 2017 13F filings have been released showing hedge fund positions. Using Whale Wisdom’s excellent suite of tools I am able to customize a list of my 50 favorite hedge funds and then look for common buy/sell activity throughout the quarter. These are funds with fairly high concentration, lower…

Ways To Trade And Trade Off Of Market Volatility Indices

The financial press and related blogs are packed with tales of worry about the record low VIX Volatility Index (INDEXCBOE:VIX) levels. With the move below 10 last week, it prompted no less than five full length articles on the Wall Street Journal. Writers worried that we should “Fear the Stock…

Historically Low Volatility Index (VIX) Isn’t Telling Entire Story

This post was written with Craig Basinger of Richardson GMP. Earlier this week the VIX Volatility Index (INDEXCBOE:VIX,), which measures U.S. equity market volatility, moved below 10. Crazy, eh? The VIX measures the implied market volatility being priced into a basket of call and put options on the S&P 500….

U.S. Markets Update: Benign CPI Data Good For Equities

The U.S. equity markets have regained some of the ground they lost last week, with the S&P 500 Index (INDEXSP:.INX) and Dow Jones Industrial Average (INDEXDJX:.DJI) moving higher on Monday. The pervasive lack of volatility in the stock market, though, has not afforded the necessary footing or springboard that a meaningful correction…

Gold (GLD) Trading Update: Failed Breakout Creates Headwind

The iShares Gold Trust (GLD) breakout failed and its price is back below the flattish 200-day average. This is not all that surprising, though. And this has to do with the failed breakout in Treasuries (NASDAQ:TLT). The two asset classes remain highly correlated. Gold prices via GLD remain above the March…

Consumer ETF (XLY): An Elliott Wave Trading Update

Traders should trade carefully in the SPDR Consumer Discretionary ETF (XLY) The Consumer Discretionary SPDR ETF (NYSEARCA: XLY) may offer some good trading opportunities in the later part of 2017 and beyond. In this post we examine some scenarios and show how traders working on different time frames can make…

This Market Volatility Indicator Is At A 21 Year Low

Another look at market volatility that will leave you scratching your head In this article I look at an alternative view of volatility, and it’s a view that frankly has me scratching my head… The chart appeared in a recent edition of the Weekly Macro Themes report in which we talked about…

Trading Spotlight: Junior Gold Miners (GDXJ) Rally

The Junior Gold Miners ETF (NYSEARCA:GDXJ) have taken their lumps over the past 3 months. The ride has been volatile and included a couple of steep declines. The most recent decline comes on the heels of a drop in gold prices (NYSEARCA:GLD). Note that the senior gold miners (NYSEARCA:GDX) didn’t…