• 694 days Will The ECB Continue To Hike Rates?
  • 694 days Forbes: Aramco Remains Largest Company In The Middle East
  • 696 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,096 days Could Crypto Overtake Traditional Investment?
  • 1,101 days Americans Still Quitting Jobs At Record Pace
  • 1,103 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,106 days Is The Dollar Too Strong?
  • 1,106 days Big Tech Disappoints Investors on Earnings Calls
  • 1,107 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,109 days China Is Quietly Trying To Distance Itself From Russia
  • 1,109 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,113 days Crypto Investors Won Big In 2021
  • 1,113 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,114 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,116 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,117 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,120 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,121 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,121 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,123 days Are NFTs About To Take Over Gaming?
Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

  1. Home
  2. Markets
  3. Other

Charts and Commentary

Can you safely ignore this? And if so, for how long?

The market has short term, medium term, and long term trends.

Many investors are delighted with the short term action. What might the medium to longer term trend bring?

I offer today's chart as "food for thought" and introspection this weekend about the stock market.

Below is a 5 year chart that focuses on the divergences that occurred between the NASDAQ 100 and the Russell 2000.

I labeled these large divergences 1 through 8. Take the time to observe what happened after these huge divergences.

After observing where we are at label 8, you have to wonder how much longer can this divergence continue.

Is there anything that can change or delay the historical down move that happens after such a huge divergence?

There is ... if the NASDAQ 100 were to trend up, then that would lower the rate increase of the divergence and support a longer time frame for the divergent action to continue.

If that doesn't happen, you have to wonder will happen to the market this Summer.

Please Note: We do not issue Buy or Sell timing recommendations on these Free daily update pages. I hope you understand, that in fairness, our Buy/Sell recommendations and advanced market Models are only available to our paid subscribers on a password required basis. Membership information.

Do you have a friend or fellow investor that you think would appreciate receiving a link to the above Charts and Analysis today? If so, simply click on the following link to easily and quickly forward an email link. Send this Page To a Friend Link

 

Back to homepage

Leave a comment

Leave a comment