Russell 2000 RUT Hits New Highs

The Russell 2000 (RUT) continues to rally to unprecedented heights. This 13.5% rally is the largest rally since March 2009 which was the start of the bull market. The dollar index is also rallying again today. It reached 13.5 year highs. My leanings are against both rallies particularly the one in the Russell 2000. My…

What do the Charts Say about this Sell Off?

What do the Charts Say about this Sell Off? The sell off today has left markets in a pivotal area. The S&P has been able to hold this level for the past month. What happens here could be the set up for the rest of 2016. We will also cover gold, oil, and RUT.

Nasdaq Warning of Pending Volatility

Nasdaq Warning of Pending Volatility Nasdaq is showing warning signs of pending volatility for the rest of the market. Here's what to expect in the week ahead.

Why is the Stock Market Down Today

Why is the Stock Market Down Today The stock market was down today after an incredible 300 point rally in the SPX in a very short period of time. Think of the rally like you're running up a hill. At first your sprinting up the hill, but then you start to get tired. As you…

Support and Resistance Trading

Support and Resistance Trading Here are the support and resistance trading levels I'm looking for to be tested over the next few weeks in the major indexes, gold futures, and crude oil futures. What happens at these key levels will tell us what the market wants to do for the rest of the year. Either…

Buy Stocks on the Dip?

Buy Stocks on the Dip? Do you buy stocks on the dip? Tonight let's take a look at the major indexes to see what levels are going to be the key to watch.

Low Implied Volatility Strategy

Low Implied Volatility Strategy When implied volatility is low, we need to use a strategy that will benefit from an increase in volatility. We usually like to sell implied volatility in order to give us a statistical edge in the markets. However, when implied volatility is essentially zero - what do you do? Let's find…

Stock Market Recovery

Stock Market Recovery Stock market breakout and tonight we turn our attention to how much of can the stock market recover. Bonds broke down and the trend line. This now means real money is flowing from Bonds into stocks. However, it is difficult to make a case for chasing stocks here. There has been a…

Low Trading Volume

Low Trading Volume The stock market is marred by low trading volume across the board whether we look at futures or individual stocks. This is risky for the market because the market will move on any news. If you're into patterns the bond market is has a bearish wedge pattern setting up. Conversely the XLF,…

Stock Market Divergences

Stock Market Divergences Stock market divergence is taking center stage with the Nasdaq still outperforming the RUT and S&P by a wide margin. Eventually the indexes will have to get back in alignment before the bear market is over. Let's also take a look at the high volatility in the XLF. In tonight's video you'll…

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