Bull Market Pillar

Bull Market Pillar

  This week’s indicator is the cornerstone of the current bull market in stocks.  But first, I’ll explain what it does. In essence, the indicator monitors shifts in interest rates to signal stock market trends.  Specifically, it focuses on changes in the yield of...
Greenback Gains

Greenback Gains

  The U.S. dollar has been in the news a lot lately. If you haven’t noticed, the greenback has been flexing its strength against other major currencies. So, this is a great time to introduce this week’s indicator: the MSCI U.S. Relative Strength vs. U.S. Currency...
Scorecard Showdown

Scorecard Showdown

  This week’s indicator is like a scoreboard showing how U.S. stocks are performing compared to the rest of the world.  It’s based on something called the Technical Score Spread. How does it work?  Imagine a global competition where each country’s stock market...
Speculative Energy

Speculative Energy

  Ever get the feeling the stock market is getting a little…too excited? Or alternatively, too calm? Well, enter this week’s featured indicator, the ETF Speculation Index. This tool measures just how hyped up—or downright gloomy—investors are feeling in the...
Service Surge

Service Surge

  This week’s indicator is all about the ISM Purchasing Manager’s Index (PMI).  It’s a monthly report that measures the health of the U.S. services sector.  It’s based on surveys of managers in industries like healthcare, finance, retail, and more.  Think of it...
Absolutely Bullish

Absolutely Bullish

  This week’s featured indicator highlights a neat tool called the Absolute Breadth Index, which measures volatility, or how much prices are bouncing around. But the Absolute Breadth Index stands out because it doesn’t care about direction—whether prices are...