Emerging Markets breakout attempt in play

Emerging Markets breakout attempt in play

This chart looks at the Emerging Markets ETF (EEM)/S&P 500 ratio over the past 6-years. The decline in the ratio reflects EEM has been much weaker than the S&P 500 since 2012. A couple of months ago the ratio tested triple support as momentum was hitting the...
Tech Wreck Most Likely Gets Started Here!

Tech Wreck Most Likely Gets Started Here!

This chart looks at the Nasdaq Composite Index (IXIC) over the past 38-years. It has spent the majority inside of the past 25-years inside of rising channel (1). The Long-term Trend in this index remains up, despite the softness of late. The rally off the bottom of...
Homebuilder Stocks; Is It 2007 All Over Again?

Homebuilder Stocks; Is It 2007 All Over Again?

Housing market concerns are bubbling up once again. Remember the 2007 housing bubble? Well this may not end the same way, but it’s definitely worth noting the weakness in the housing sector. Especially the homebuilders (via the Dow Jones Home Construction Index). Take...