Foreign stocks are underperforming vs SP500. This has been the trend for a while now. A long while. The chart shows foreign stocks need a lot of work to do before they start outperforming the SP500. This trend which has…
Month: April 2021
Value Line Geometric Index at a new high
It is a bull market. And it will remain one till we get some contra evidence that it is coming to an end. See the chart of the value line geometric index. It has hit a new high. The moving…
SP500 breadth still healthy
US indexes are at a fresh high. The bull market is intact. What are breadth charts suggesting? The above chart shows the % of stocks in SP500 trading above the 200 day moving average. This has also hit a fresh…
VIX settled below 20
VIX or the Fear Index has settled well below 20. This is the lowest closing since COVID started back in Feb 2020. This is a good sign for the bulls. Market went up in 2020 but the VIX was elevated.…
Frontier markets at a high
Frontier Markets ETF has made a new 2 year high. This ETF has the smallest emerging markets included. This is definitely bullish and shows risk appetite globally which is not restricted only to Developed countries. This has broader implications for…
