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VIX Suggesting Possible Rally

Of all the indicators out there, the VIX is the interesting one. It is currently over 32...again. And while it's not the most extreme (high) it's been, these levels have been followed by rallies for months now. Clearly, this isn't a guarantee for the 'all clear' out...

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Wag the Fed

Wag the Fed

Futures may look a little positive at the open today, but the momentum is all over the board, and technical signals are certainly mixed. The set-up for the week is anything but clear. The bond market is closed Monday. But the stock market remains open. And the biggies...

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Oversold, but…

The good news (if there is some) is the futures market is indicating a higher open this week. That may or may not mean much by the end of the week. But for now, I guess it's better than opening up to more red. The word on the street is out. This week's jobs report is...

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What a Mess

Markets are way-oversold by many measures. Typically this would suggest a move higher. However, we're seeing a re-test of the June lows. A breach of this support level would be very negative from a technical perspective. And by very negative, we're talking another...

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Technical Support Starting to Form

The wild year continues, with up's and down's becoming the norm. Look no further than the big bank analysts and you'll discover plenty of opinions about where the market is headed. Some optimists suggest the SPX is headed back toward near-5000 levels. The bearish...

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