Hard Evidence Was Helpful Near Major Turns
The chart below shows the S&P 500's 200-day moving average between 1998 and 2010. Given the S&P 500 (NYSEARCA:SPY) dropped by over 50% on two separate occasions in that period, it was helpful to have tools to monitor the market's risk-reward profile.
What Are The Charts Telling Us Today?
This week's stock market video goes beyond the S&P 500 (NYSEARCA:VOO) to help us gain a better understanding of the market's bigger picture tolerance for risk. Numerous markets are covered, including gold, silver, and energy. The broader analysis can provide insight beyond the widely followed S&P 500 (NYSEARCA:IVV).After you click play, use the button in the lower-right corner of the video player to view in full-screen mode. Hit Esc to exit full-screen mode.
If you are new to our posts and would like to dig a little deeper, the recent posts below contain additional examples of "evidence we have in hand".
- Is This Long-Term Volume Signal A Warning Flare For Stocks?
- How Does 2016 Compare To Stock Market Peaks In 2000 And 2007?
- These 4 Charts Say A Lot About The Stock Market
- Stock Rally Is Based On More Than Just Central Banks
- 2016 Investor Fund Flows Nothing Like Excessively-Optimistic 2007
- Will The Jobs Report Induce Another Waterfall Plunge In Stocks?
- Messages From Emerging Markets And Cyclicals
Disclosure: I am/we are long SPY.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.