Dow Theory is one of the oldest market techniques in existence and right now it suggests the Dow is in a very precarious situation.
Having an entrenched view is a good recipe for failure.
Sometimes keeping the forest from the trees is the hardest thing to do.
If you think the stock market is a volatile place, you ought to get a load of ETFs that use leverage.
One week after the VIX (ChicagoOptions:^VIX) spiked to 30, Wall Street’s Kool-Aid drunks are back to saying that stock market volatility is over.
The U.S. Dollar (NYSEARCA:UUP) has been rallying since early May, and is 6% higher since.
This just in: U.S. stocks are at record highs, but caveat emptor.
Did you know that homebuilding stocks topped way back in May 2013 and are still down in price over 15% since?