Passive investing presents a “frightening” risk to the markets, said a top Morgan Stanley strategist on CNBC in recent days.
The head-and-shoulders pattern has broken down, but the financial sector itself is now range-bound, and that can be just as important.
Dow Theory is a simple way to define the stock market’s trend. However, believing this theory could be an expensive mistake.
I’ll show you today how we could’ve seen the sell-off in the tech sector coming, and why more weakness is to be expected in the tech sector.
Every day, the stock market moves. And every night, articles appear explaining the move. But in the long run, only one thing moves the stock market.
The pattern I stumbled on is a classic head-and-shoulders pattern. In this case, it is calling for a sharp decline — and soon.
Right now, small-cap stocks are performing worse than large-cap stocks, which is a sign of weakness in the broad market.
The CBOE S&P 500 Volatility Index (VIX), aka the fear index, fell below 10 this week — its lowest level since February 2007.