Give Me Fuel

Give Me Fuel

  Margin debt is the topic of this week’s indicator. What is margin debt? It’s simply money borrowed from a broker for the purpose of buying stock. Typically, you see it used by speculators who wish to leverage their stock purchases, making it a great gauge of...
Follow the Leader

Follow the Leader

  This week’s featured indicator is all about following the leader, just like the popular children’s game. But instead of a 4-year-old, we’ll be keeping an eye on the financial sector of the stock market. Why? Because historically, the broader...
Savvy Stochastic

Savvy Stochastic

  A stochastic indicator is an important technical tool that we use to gauge the stock market’s strength. Unlike some other indicators that use inputs like corporate profits or economic data, a stochastic looks at just the price movement of the stock market...
Baltic Dry Index

Baltic Dry Index

  The Baltic Dry Index (BDI) is a financial index that measures the average cost to ship various dry bulk materials—such as coal and steel—around the world. Because it reflects the supply and demand for important materials used in manufacturing, the BDI is...
Nasdaq vs. NYSE Volume

Nasdaq vs. NYSE Volume

  This week’s indicator uses the ratio of total Nasdaq volume to total NYSE volume to gauge sentiment in the stock market. The key takeaway is that the ratio is falling, a sign of increasing pessimism—which, from a contrarian perspective, could be a bullish...