The LBR Three ten oscillator is on the edge of confirming a sell signal on the SP500. Other important charts for QQQ, VTI, and the Dow Jones are showing the same weekly sell signal. A chart of international equities like VXUS could be about 1-2 weeks away from giving the same signal, and EEM may be just slightly behind that.
I'm seeing some stocks return to...
I noticed a chart by another user that showed some scary divergences with RSI peak drops as SPX reaches new highs over a prolonged monthly chart. The 3 signals from 2000, 2007, and 2019 all led to market corrections. I decided to look closer at this myself and found that divergences didn't always lead to sell offs.
My own personal view of the market is that I...
Korean stocks are attractively priced compared to American equities. Initially a falling dollar benefits American exporters. If the dollar falls too far, it will be bearish for American stocks and we could see International stocks take the lead again. American stocks tend to underperform after a decade of outperformance. The EWY Korean Index is comprised of...
