Is The Stock Market Losing Momentum Here?!

Is The Stock Market Losing Momentum Here?!

The S&P 500 pullback (last week) feels like a distant memory following the stock market’s 2-day snapback rally. But investors should take note of what’s happening under the surface for two important market indexes: the S&P 500 Index (SPX) and the Bank Index...
Bank Index- About to fall 10%?

Bank Index- About to fall 10%?

CLICK ON CHART TO ENLARGE The above chart looks at the Bank Index (BKX) over the past 11-years. At this time the “trend on banks remains Up!” This very important index peaked in 2007 at (1), before breaking support and then falling hard for the next couple...