This charting principle which indicated indecision on Friday, and down direction yesterday is just another of the pieces that are falling into place for all the major stock indexes as a downturn continues to stage. Recap of the 18 ETF…Continue Reading →
If one looks at the charts it is evident that the dollar/yen and dollar/euro rates started changing after November 3, the date that QE2 details were confirmed. The QE2 anticipation bubble in stocks, commodities, and precious metals started a slow…Continue Reading →
The market rollover that started earlier this month is gaining traction. The computer models which usually come in late as a confirmation are starting that confirmation process Recap of the 18 ETF Computer Model signals: Long : MOO,QQQQ,SPY,SMH,XLY,SHY,UUP Neutral : XLF,USO,DBA,IEV,IEF,TLT…Continue Reading →
David Leonhardt’s articles in the past few weeks Sunday New York Times have been a good exercise and I highly recommend getting involved in the calculations for yourself. My comments back on November 3rd were a reflection of what could…Continue Reading →
Yesterday’s bounce in equities and commodities and declines in the dollar has set the market up for confirmations of the coming market moves. Closes below this weeks lows in the coming period, probably just after Thanksgiving in stocks and commodities will…Continue Reading →
Travelling tomorrow. GM IPO should be good for everyone except the buyers. As I see up to a 28 percent downside valuation risk to the market here, it would follow that with the value investors thinking GM is worth $…Continue Reading →
The stock and commodity markets in a sense had breakaway moves to the downside yesterday. Now the lows of Monday stand out as upside resistance for a potential bounce point in the upcoming time period. Also, the GM IPO will…Continue Reading →
Over the past thirty years two markets have evolved, the consumer market and the financial market. Somehow the FED has decided that it can play games with both through monetary input. The current Financial Market game, QE2, is an example…Continue Reading →