• 717 days Will The ECB Continue To Hike Rates?
  • 717 days Forbes: Aramco Remains Largest Company In The Middle East
  • 719 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,119 days Could Crypto Overtake Traditional Investment?
  • 1,123 days Americans Still Quitting Jobs At Record Pace
  • 1,125 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,128 days Is The Dollar Too Strong?
  • 1,129 days Big Tech Disappoints Investors on Earnings Calls
  • 1,130 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,131 days China Is Quietly Trying To Distance Itself From Russia
  • 1,132 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,136 days Crypto Investors Won Big In 2021
  • 1,136 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,137 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,139 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,139 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,143 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,143 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,144 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,146 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

  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