Feeling the Heat

Feeling the Heat

  There’s a reason oil prices dominate the headlines every time a geopolitical crisis breaks out. Oil touches almost everything. It fuels the trucks that move our goods, the factories that make them, and the planes that carry the people running the businesses....
Measuring the Tide

Measuring the Tide

  You can kind of think of the stock market as existing in one of two states, either above water or below water. By that, I’m referring to the market’s trend. Is it generally moving higher, or drifting lower? To put some structure around that idea, we can look at...
Dow Disagreement

Dow Disagreement

  Sometimes good investing comes down to spotting clues. And like a good detective, the most important clues are often not what something is doing, but what it isn’t doing. That’s the idea behind this week’s indicator. In technical terms it’s called divergence,...
Is the Global Rally Losing Steam?

Is the Global Rally Losing Steam?

  We often focus on the major stock indexes when trying to understand how the markets are doing. Take the MSCI All Country World Index, for example. It tracks stocks across both developed and emerging markets, producing a pretty good snapshot of global equity...
King of the Hill

King of the Hill

  There’s a saying on Wall Street that says you should always “keep the trend your friend.” What is generally meant by that is whatever the market is doing from a price standpoint, you should probably try and follow along with it. In other words, don’t fight it....
Liquid Courage

Liquid Courage

  Liquidity is one of those market words that gets thrown around a lot. But what does it actually mean? At its core, liquidity is simply how much money is sloshing around in the financial system. When liquidity is plentiful, there is more capital available to...