The US Stock Market is dominated by large multinational companies with hundreds of billions in market capitalization. It is a common misconception that leadership from these mega-cap names is an indicator of weak market internals. To the contrary, investor interest in these popular stocks is a characteristic of a healthy bull market as their performance […]
Should New Highs Equal Blue Skies?
The market is going this way, no its going that way. Maybe this way, and maybe the other direction because of this reason over here. This is likely the rhetoric you hear from pundits, social media, and maybe even your beloved financial representative. It’s confusing, I know. I’ve been there, jumped through and around the […]
Data Visualization with Koyfin
This past week the CMT Association partnered with Koyfin.com on their educational web series webcast to breakdown the art of pairing fundamental analysis with technical analysis framework. The discussion was presented by Rob Koyfman (@koyfman) and centered around the importance of monitoring real-time fundamental indicators like consensus earnings and revisions, analyst recommendations and short interest. All […]
Tech Stocks Take the Lead
The market has staged quite a comeback from the December 2018 lows with all of the major US stock indices up over 10% year-to-date. The sharp, V-shaped recovery has been met with a lot of skepticism. Many technicians are warning that the 2800 level in the S&P 500 will act as resistance, while others point to improving […]
“Stocks Aren’t Out of The Woods Yet” – Louise Yamada
On Thursday, Louise Yamada, founder of Louise Yamada Advisors and one of the most well-respected Technicians in market history, appeared on CNBC to give her thoughts on the current state of the market. While she does acknowledge the strong rally we have seen so far in 2019, Louise isn’t quite sure that equities have seen […]
