Chart of the Week

The chart below represents trading in the Financial Select Sector SPDR ETF (XLF) with a portfolio of the big-name banks and other financial institutions, a major stock sector for obvious reasons. Looking at the XLF chart over the last two years as a proxy for the financial stocks we can see that a very negative…

Selling climaxes occur when a stock makes a 12-month low but then closes the week with a gain. They are a sign that stocks are going from weaker to stronger, more sophisticated hands.  Buying climaxes occur when a stock makes a 12-month high but closes the week with a loss.  They are a sign of…

The Ned Davis Research Composite Model for the U.S. Stock Market is based on an equal weighting of 50% of U.S. stock market internal and 50% external indicators. The NDR model has proven to be an important tool for identifying periods of outperformance and underperformance for the stock market. While the top chart plots the…

By John Del Vecchio In the spirit of a picture is worth a thousand words, this week we leave you with a fascinating chart showing the changes in the yield curve from 1990-2018. It’s truly mesmerizing. Click on the image to view the animated data visualization chart. Recently, the yield curve has flattened out as…

By: Brad Lamensdorf The Federal Reserve’s balance sheet has begun to show the effects of the Quantitative Easing unwind.  To date, approximately $375 billion has been removed from the Federal Reserve Bank assets.  It should be noted that this reduction is a small fraction of the liquidity that was pumped into the financial system since…