Category Archives: Market Statistics

Where is the Stock Market Correction?

It seems like there were some persistent attempts recently to convince investors that the stock market was due for a large correction and that came in the form of a bombardment of articles by the financial media, the most optimistic calling for a decline of 10%. Investors did not … Continue reading

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This Uptrend Has Not Been an Easy Ride

Despite popular claims of  easy stock market gains for greedy investors fueled by free FED money, the last uptrend in stocks has been a rough ride with larger drawdowns from peaks and higher volatility when compared to the last three major past uptrends. Share

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Interest Rates May Rise Soon

The 10-Year Note yield has been in a 21 bps range during that last 45 days. Analysis of yield action since the 1960s shows that when yields were on an uptrend, similar sideways action has failed only once to signal a rise of … Continue reading

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S&P 500 Index Price Action Reminiscent of the 1990s

The S&P 500 index has managed to break the 1962 and 1983 records of remaining above its 200-day moving average and it is now set to challenge those in the 1990s. Price action in the next two to three months may determine whether this … Continue reading

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The Market Can Move a Lot Higher Even in Mean Reverting Mode

Markets need a very good excuse to form a major top. In 2000 and 2007 there were some very good excuses for what followed. Now there are no conditions in place for a major top even if the market is moving … Continue reading

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Worldwide Equity Indices in Relation to Their 200-Day Moving Average

Although the S&P 500 Index closed last Friday about 6% above its 200-day moving average, some European indices have already corrected and are much closer to testing this average and some are already below it. The same is true with some Asian market … Continue reading

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Equal Weight S&P 500 Index ETF Has Outperformed SPY Since 2013

The equal weight S&P 500 Index ETF with ticker RSP has consistently outperformed SPY on a total return basis since the start of 2013. Year-to-date, SRP is gaining 1.1% more than SPY. This is another indication that simple allocation schemes … Continue reading

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Josh Brown’s Relentless Bid Theory and Price Boosting

The Relentless Bid Theory, or RBT for short, was recently proposed by Josh Brown in his TRB blog. It appears that RBT is an inference to best explanation for the current state of the market and possibly beyond. In this article I  propose … Continue reading

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