Markets are Rolling Over

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

Short     : FXY,IYR,FXE,FXI,GLD

David Brooks of the NYT had a good article earlier this week on big picture political items.

http://www.nytimes.com/2010/11/23/opinion/23brooks.html