Technicals Tag

Widespread Weakness in Technical Scores

30 Oct, by Knowledge Leaders Team in Uncategorized

As we have mentioned before, each month we score companies’ technical strength relative to the benchmark.  Since a year ago, the average score for European and, to a lesser extent, North American companies has declined....

It’s Beginning To Look A Lot Like 2011

15 Oct, by Knowledge Leaders Team in Uncategorized

It’s been three years since the global developed stock market has had a meaningful correction (down at least 10%). With the recent pickup in volatility, many of our market internal charts are beginning to look like they did in 2011....

Digging Underneath The World Equity Market Surface

07 Oct, by Knowledge Leaders Team in Uncategorized

While many of the headline indices, such as the S&P 500, are still within sniffing distance of all-time highs, there is turmoil underneath the surface of the world equity markets. The MSCI World Index is higher by about 9% year-over-year....

Health Care Is Strong But Is Feeling Lonely

30 Sep, by Knowledge Leaders Team in Uncategorized

The health care sector has undeniably been the stock market leader over the past four years. Looking at the Developed Markets (DM) and Emerging Markets (EM) together, the health care sector has returned 122.4% over the past four years. Besting, the second place consumer discretionary...

Stock Market Breadth Is Decaying To 2008 Levels

31 Jul, by Knowledge Leaders Team in Uncategorized

As we are approaching the closing bell today and looking at the worst day for the S&P 500 since April 10th, and possibly only the 4th roughly 2% down day of the year, we thought it would be a good time to highlight the deteriorating...

Volatility Continues To Grind Lower

19 Jun, by Knowledge Leaders Team in Uncategorized

Many investors, including ourselves, look at the CBOE VIX to measure market volatility. Over the past few days the VIX has made multi-year lows and is back at levels last seen in 2006-2007. Another way that we look at volatility is by tracking the standard...

New Highs Have Recently Expanded

12 Jun, by Knowledge Leaders Team in Uncategorized

Breadth has improved somewhat in the market recently. During this latest burst higher over the past three weeks, the MSCI World has experienced an expansion in new highs across a variety of time frames....

The Market Is Due For A String Of Down Days

04 Jun, by Knowledge Leaders Team in Uncategorized

A random walk theorist would suggest that over a long enough period of time, the number of days the market ended higher should equal the number of days the market ended lower. Said differently, the percent of ”up days” should equal the percent of ”down...

128 Stocks Are At Least 30% Off Their 1-Year High

06 May, by Knowledge Leaders Team in Uncategorized

We commented yesterday here that we are seeing fewer and fewer stocks making new highs even as the headline MSCI World Index makes all-time highs. In that vein, today we highlight that 128 stocks or 8% of all stocks are off by at least 30% from their...