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Oil Supply & Demand

In The Highstreet Group by John Bartoletta

U.S. Oil Boom affects Global Supply and Demand Total crude North American oil production has risen more than 50 percent over the past three years, reducing the need for U.S. crude imports, including barrels purchased for the nation’s strategic reserves, …

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S&P Seasonality

In The Highstreet Group by John Bartoletta

Historically the S&P 500 is Seasonally Bullish October through May Research shows that the U.S. equity markets perform best from October to May over the past 30 years as reflected by the S&P 500 30 year seasonal chart. After recently …

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Volatility | Price Extremes

In The Highstreet Group by John Bartoletta

The equity and bond markets are constantly competing for investor funds. The risk-off price action of early-October saw funds flow from equities into bonds, causing volatility to rise, as investors sought safety and liquidity as seasonality, negative news related to …

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S&P Price-to-Sales

In The Highstreet Group by John Bartoletta

Any advance beyond 2,000 for the Standard & Poor’s 500 Index will have to overcome relatively high share prices. The above chart shows the S&P 500’s price-to-sales ratio. The more common valuation metric, price-to-earnings, can be susceptible to manipulation through …

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Bearish Divergence 2

In The Highstreet Group by John Bartoletta

Nasdaq Composite Index Showing Larger-Than-Normal Bearish Divergence This is an update to a blog posted 3 weeks ago. As we saw at the previous high made in the Nasdaq Composite, the new high made yesterday was not confirmed by the …

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Bearish Divergence

In The Highstreet Group by John Bartoletta

Nasdaq Composite Index Showing Larger-Than-Normal Bearish Divergence Fewer components within the Nasdaq Composite are participating as the index advances to new highs, a possible signal of a larger-than-normal correction. The index is also showing a lack of participation when compared …