Author: John Lah
-
Technicals: Price Holds Near the Top While Breadth Rolls Over
October 30, 2026 Maintain a cautious approach, as indicated by the Daily Market Regime report. The Technical Index indicator has been a reliable indicator over the past 10 plus years, and right now it is telling a cautious story. The indicator is the NYSE Technical Index, shown on StockCharts under the proprietary symbol !BINYTI. Its…
-
Derivatives Lab: A Put Ratio That Wants CRS at $273
This morning we published our Equity Intelligence spotlight on Carpenter Technology (CRS) and said the cleaner trade after a 20 percent earnings-day flush was outright accumulation of the shares. The thesis has not changed. The timing of our own buying has: we want the stock, but we want it lower, and today we opened a…
-
Equity Intelligence: Carpenter Technology (CRS)
Carpenter Technology (NYSE: CRS) reported fiscal first-quarter results this morning, and the market’s verdict was swift: the stock fell about 20 percent to $294.64. Our verdict, after working through the print and the earnings call, is the opposite. The quarter reaffirms the thesis we laid out in our research, and on net it strengthens it.…
-
Technicals: Breadth Is Quietly Firming Under a Rising VIX
Volatility is doing what volatility is supposed to do in a risk-off tape. The VIX jumped about 12 percent this morning to 18.74 and is pressing toward the upper end of the range it has held since September, and the short-volatility side of the market tells the same story from the other direction. On its…
-
Technicals: Market Breadth Is Trying to Stabilize
The advance-decline line counts the market’s foot soldiers. Indexes can be carried for a while by a handful of big names, but breadth tells us whether the average stock is actually participating. On a weekly chart, the NYSE advance-decline line has been weak, and this week it is doing something worth watching: it may be…
-
Technicals: The Indicator Says Not Yet
October 19, 2026 This is the first in a series of customized StockCharts setups. Today’s chart is the S&P 500 with one of my favorite timing tools: a momentum indicator (middle panel) with a moving average overlay. The rule is simple. When the indicator drops below the moving average overlay, the market is going down.…