Is the "Santa Claus" rally upon us? Discovered back in 1972 by Yale Hirsch, the Santa Claus Rally is known in the market as a 7-day trading period that starts on Christmas Eve and ends in early January. Statistical data show the S&P 500 rallying on an average of 76% of the time. So, are we expect...
The winning streak continues for the market. While volume has been low, activity and FOMO is anything but that. For the past month, markets are on an uptrend with new all-time highs being hit in recent days. The equity market has recovered in just 6 months after crashing by over 35% during the Ma...
For the past few blogs, we discussed how there is an exorbitant amount of euphoria in the market. We also discussed heading into December that there would be likely some selling from fund managers that would draw the market down. This played out last week as we saw the market struggle to maintain ...
Highs for both euphoria and the equity market. Several of BullGap's indicators (which we will discuss below) are reading overbought and terribly stretched to the upside. You cannot overemphasize the fact that Fear of missing out (FOMO) has kicked up a notch even with bad news regarding the vaccine...
