Monthly Archives: June 2015
June 29, 2015
By Vlad Karpel

I woke up Sunday with Greece dominating the headlines. There are two points that my good friend Joe Cusick from said to me for context. First, we have known about Greece for over five years; second, there are over 15 states that have a GDP that is larger than Greece. You are not seeing […]

June 26, 2015
By Vlad Karpel

We have seen this week just how indecisive the market can be and it is just not ready to resume any trend either to the up or down side. The S&P 500 ($SPY) could not hold breakout support, $210.5, so the upside challenge of $212 has failed. The range in the S&Ps is starting to […]

June 25, 2015
By Vlad Karpel

The market opened in the red but if you look at the short-term range the majority of the major sectors are in a bullish trend. In spite of the pullback yesterday the S&P 500 ($SPY) broke resistance at $212 this week and is still trading above its support of $207.50. Until there is a break […]

June 24, 2015
By Vlad Karpel

Large-Cap stocks are stuck in a tight range with most of the major indexes finishing mixed. Tech heavy NASDAQ ($QQQ) and S&P 500 ETF ($SPY) finished the day just ever so slightly in the green. Taking a look at the action in various sectors there is weakness in Industrials ($XLI), Materials ($XLB), Consumer Staples ($XLP), […]

June 23, 2015
By Vlad Karpel

European economies rose to the highest level in over four years, with the two biggest economies, Germany and France, leading the way. US Stocks ran to the upside on the open with this news but then, sticking to script, just grinding in a trading range the rest of the session. Leadership once again was by […]

June 22, 2015
By Vlad Karpel

The EU, Greece, or a bubble in China just would not hold back the market, especially the Small-Caps ($IWM) and Tech ($QQQ). The Russell ($RUT) and NASDAQ ($QQQ) hit new highs, which is a huge catalyst for the overall market to the upside. This bullish action did not flow into two sectors that have been […]

June 19, 2015
By Vlad Karpel

Taking a look at the Advance/Decline Percent we saw that it has tipped into bullish territory. The Advance/Decline Volume Percent continues to lag and is still bearish zone. While this tempers the enthusiasm of this run to the upside, it does not mute the fact that the overall breadth is bullish. The S&P 500 ($SPY) […]

June 18, 2015
By Vlad Karpel

Fed released their statement and stocks popped off their lows.  The S&P 500 ($SPX) gained four points (+0.20%) and ended just below mid-term support of its 50-day average. What I didn’t like was the move in the small-caps ($IWM) to end lower. If this action continues in small-caps this would be a concern for any […]

June 17, 2015
By Vlad Karpel

I have been watching the Health Care ($XLV) sector since it broke out in mid-May, after a month long consolidation between $71-$73. The $73 represents new support and I would expect that we have some continuation to the upside as long as $73 holds. Names like Johnson & Johnson ($JNJ), Pfizer ($PFE), and Gilead ($GILD), […]

June 16, 2015
By Vlad Karpel

I was looking at a 60 minute chart yesterday and noticed that in the month of June the $SPY (S&P 500 ETF) has formed its 3rd lower high, with its third gap, and remains in a slide to the downside. Now it is only three percent off of the 52-week high, but a challenge and […]

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