Are the VIX and other indicators indicating a short-term top to the market? We’ve had quite a run up after inflation numbers seem to be showing that the FOMC doesn’t have to be as aggressive in the future, but perhaps the markets have gone too far too fast. The day...
From Keith Harwood, OptionHotline.com If the lows are in (big if), what’s the sector that can lead us to prior highs? Where do we go from here? Well, there are a couple of approaches, and I think both have some logic to them. Both might work, and neither...
From Keith Harwood, OptionHotline.com The market can’t find a way to stop going down. But should everything be going down? Looking at tech, the general market, and bonds, it simply seems like the market can’t find a floor, yet. But with the drastic pullback, it...
From Keith Harwood, OptionHotline.com The market is not in a bull trend. But is it in a bear trend? When I look at the way the market is flowing, I can’t say for sure that we are in a bear market even if it feels that way after weeks of downward momentum. The...
From Keith Harwood, OptionHotline.com The market isn’t in a freefall, yet. Let’s take a look at what’s happening now. First, looking simply at the S&P 500, we see a pullback after failing to push through the 200-Day Moving Average: Given that the normal mid-term...
From Keith Harwood, OptionHotline.com Is this the beginning of a major move to the upside, or is it the end of the recovery? It seems everyone is asking the same question when looking at the major indexes. We’ve started to see a little bit of weakness in tech and the...
From Keith Harwood, OptionHotline.com The market is showing incredible resilience. There are many factors that make this market intriguing to buy and many sectors that look intriguing to buy, but where is the best risk/reward that sets me up with the best...
From Keith Harwood, OptionHotline.com Today seems like a good day to review the RSI. The RSI, or relative strength index, is a good indicator of when markets are overbought or oversold. But it’s also a great indicator of when a bear market may be done with a...
From Keith Harwood, OptionHotline.com This market is crazy, right? It’s completely irrational, and it’s incomprehensible that the NASDAQ 100 has lost over 1/3rd of its value this year. Okay, maybe not. We all knew that stocks were getting overinflated due...
From Keith Harwood, OptionHotline.com What is happening in the land of mergers & acquisitions? First, we have Twitter, set to be acquired for $54.20 by Elon Musk, and yet the stock is only trading $40. That’s a more than 35% discount. Clearly, the market doesn’t...