S&P 500 Most Overbought Since 1983
(“S&P 500 More Than 20% Above Its 200-DMA; First Time Since 5/83”, BeSpoke Investment Group, September 16)
(“S&P 500 More Than 20% Above Its 200-DMA; First Time Since 5/83”, BeSpoke Investment Group, September 16)
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …
(Via BeSpoke Investment Group) It’s been all about the financials – and they are leading on the downside today as well.
A good rule to follow (first promulgated in 1923, as far as I know) to check if good news is a prelude to further good news is to note the stock’s (or market’s) behavior after the event becomes widely known. …
(Source: “Missing In Action: Short Sellers”, BeSpoke Investment Group, August 26) This is bearish because there is not much potential buy to cover demand to push up shares and there is a lot of room for more shorts to enter…
(Via BeSpoke Investment Group) This table really shows the character of the rally off the March 9th lows. Traditional defensive sectors like consumer staples, telecom and health care have all underperformed the S&P 500. The leaders have been the cyclical…
(Via BeSpoke Investment Group)
BeSpoke put up a chart this morning showing the ratio of volume on the NYSE May through yesterday divided by volume on the NYSE for the first four months of the year for the last bunch of years. It shows…
(Via BeSpoke Investment Group)