Tag Archives: SPY

Protracted Low Volatility Is Not An Unusual Phenomenon

Some traders complain in social media that volatility has stayed low for a long time or for longer than expected. According to those traders, this is an unusual phenomenon. Some are even upset blaming central banks for the low volatility … Continue reading

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Is Technical Analysis Broken?

When major financial media sites make up patterns because they can find none to present their case of a bull market, then there is a problem. Fed policies and the financialization of all assets have had a negative effect on … Continue reading

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The Month Of August Hides A Few Surprises

During one of the worst stock markets downtrends in 2008, the S&P 500 managed to gain 1.22% in August of that year. But last year, the S&P 500 fell 6.3% although the market was in a strong uptrend. The month … Continue reading

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Another Rare Pattern Just Formed in S&P 500

In the last two years the market has formed some very rare patterns, including the longest consolidation channel in its recent history, a record period with no back-to-back gains and some rare intraday reversals. The latest rare pattern is related … Continue reading

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When Did The Bull Market Begin?

Permabears complain constantly in social media that this is the longest bull market in stocks for over six years. This is a way of justifying their wishful thinking. When did the bull market really begin? Let us think about it.

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Bulls Should Keep Low Profile – Stock Market Still In Return-Reversion Mode

The quick rebound from the Brexit low caused excitement to bulls and this is understandable. However, the stock market is still in return-reversion mode and it can reverse for exactly the same reasons that it rallies: robots call the shots.

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There Is No Head And Shoulders Pattern in SPY

There are many posts in the blogosphere and social media in the last few days about a head and shoulders top formation in SPY. There is no such pattern formation.

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The Market Is More Efficient During The Day

It could be that the market is more efficient during the day since 100% of the gains in SPY ETF are due to overnight changes. In fact, since inception, SPY has lost about 38 points during regular trading hours as … Continue reading

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