AUTHORS
Helene Meisler
Helene Meisler writes a daily technical analysis column and TheStreet Top Stocks. For more information, click here. Meisler spent more than a decade on the sell side as a market technician covering institutional accounts at various investment banks in New York City, including Cowen & Co. and Goldman Sachs. In addition she worked at Cargill in Minneapolis where she managed equity money for three years. She received her bachelor's degree in business from Pace University.
Recent Articles By The Author
What Will Go Up, Will Go Down
Since we are just off the highs -- instead of being down for weeks -- my view is that the pattern should be up then back down.
Going to Extremes
Monday saw some short-term extremes, as breadth was bad, more fear crept into the market, and 91% of the volume was on the downside on the New York Stock Exchange.
Growing Concern Creeps Into Market
The total put/call ratio zipped up to 113%, a reading not seen since early June, just as stocks were making a low, and the equity put/call ratio flew up to 87%, a reading we didn't even get to in May.
Good News, Bad News About Thursday's Action
With the headlines of the week -- especially the tariff drama -- as the backdrop to Thursday's decline, let's pick apart what the indicators show.
Down, but Not Out
Wednesday's action should help wring out some of the recent complacency that built up, and breadth was not too bad, either.
Day of the Fed
Wednesday is the big day, but will anyone really be happy with the rate-cut announcement?
Another Day Closer to 2007
Not since that year have we seen four-consecutive days with the put/call ratio for the Volatility Index under 20%.
Boo! It Looks Like Volatility Is Around the Corner
I believe a sizable move is on the way, with higher volatility coming.
Get Ready to Swing
While the market action on Thursday did little to change things, expect volatility to arrive soon.
Small-Caps Pop Again
Let's dissect the small-caps rally, and then look at the banks, semiconductors and why July looks a lot like April.
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