Recent RobertWColby's Commentaries
Stock Market Nearing Resistance
Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) rose above the highs of the previous 5 months and rose above its 200-day SMA, thereby confirming its preexisting medium-term uptrend. U.S. dollar ETF (UUP) fell below the lows of the previous 12 weeks, reconfirming a downside correction. Consumer...
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Tags: stocks
Question Taking On Risk
Consumer Discretionary (XLY) price rose above previous highs. Technology (XLK) price rose above the highs of the previous 4 years. Consumer Staples (XLP) stock sector Relative Strength Ratio (XLP/SPY) fell below the lows of the previous 6 months. Bond, iShares Barclays 7-10 Year U.S. Treasury ...
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Tags: stocks | etfs
Hangover Following A Burst of Bullish...
Financial (XLF) stock sector Relative Strength Ratio (XLF/SPY) whipsawed below its 200-day SMA. Utilities (XLU) stock sector Relative Strength Ratio (XLU/SPY) fell below the lows of the previous 6 months. Junk/Investment-Grade Corporate Bond ETFs Relative Strength Ratio (JNK/LQD) whipsawed back...
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Tags: stocks | etfs
A Burst of Bullish Enthusiasm
Consumer Discretionary (XLY) stock sector Relative Strength Ratio (XLY/SPY) whipsawed back above its 50-day SMA, and XLY absolute price rose above previous highs. Industrial (XLI) stock sector absolute price rose above the highs of the previous 6 months. Technology (XLK) stock sector absolute p...
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Tags: stocks | etfs
Bullish Momentum Failing
U.S. dollar ETF (UUP) fell below the lows of the previous 11 weeks, confirming a downside correction. Crude Oil, United States Oil ETF (USO) fell below the lows of the previous 6 weeks, thereby confirming a short-term, downside correction. Gold, SPDR Gold Shares ETF (GLD) rose above the highs ...
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Tags: stocks | etfs
Stocks: A Test of the Highs?
Health Care stock sector ETF (XLY) price rose above the highs of the previous 8 months. Technology stock sector ETF (XLK) price rose above the highs of the previous 3 years. Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT) whipsawed back below its 50-day SMA on 2/1/12, turning technicall...
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Tags: stocks | etfs
Stock Market: S&P 500 "Golden Cross"?
Gold, SPDR Gold Shares ETF (GLD) confirmed a bullish trend. GLD rose above the highs of the previous 8 weeks on 1/31/12 and broke out above a 4-month downtrend line on 1/25/12. GLD rose above its 50-day SMA on 1/23/12. GLD remains above its 200-day SMA, and the 50-day SMA has remained bullishly a...
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Tags: stocks | etfs
Stock Market: S&P 500 Fell Below the...
Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) whipsawed back below its 200-day SMA on 1/30/12, turning technically neutral. Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT) rose back above its 50-day SMA on 1/30/12, turning technically bullish again. Foreign Stocks ETF (EFA) Relativ...
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Tags: stocks | etfs
Stock Market: Losing Steam, Vulnerable to a...
Gold, SPDR Gold Shares ETF (GLD) confirmed a bullish trend. GLD rose above the highs of the previous 7 weeks. Silver, iShares Silver Trust ETF (SLV) confirmed a bullish short-term trend. SLV rose above the highs of the previous 10 weeks. U.S. dollar ETF (UUP) confirmed a downside correction. UUP ...
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Tags: stocks
Stock Price Momentum Turned Down
Gold, Silver, and Copper confirmed a bullish trends by rising above highs of the previous 7 or more weeks. U.S. dollar ETF (UUP) confirmed a downside correction by falling below the lows of the previous 7 weeks. The S&P 500 Composite (SPX: 1,318.43) fell 0.57% on Thursday on more active trading...
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Tags: stocks | etfs
Markets Say Fed Is Inflating
Gold, SPDR Gold Shares ETF (GLD) confirmed a bullish trend. GLD broke out above a 4-month downtrend line and rose above the highs of the previous 7 weeks. Silver, iShares Silver Trust ETF (SLV) confirmed a bullish short-term trend. SLV broke out above a 4-month downtrend line and rose above the ...
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Tags: stocks | etfs
Momentum Grinds to a Halt
The S&P 500 Composite (SPX: 1,314.60) fell 0.10% on Tuesday on shrinking volume. SPX still demonstrates relatively low short-term momentum. Volume trends are bearish, rising on declines and falling on rallies. The stock market may be exhausted after its 5-week run up. . . . . . . . . . . . . . . ...
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Tags: stocks
Technical Divergences Support a Skeptical...
Health Care stock sector Relative Strength Ratio (XLY/SPY) fell below its 50-day SMA and fell below the lows of the previous 5 weeks, signaling a downside correction. Industrial (XLI) stock sector price rose above the highs of the previous 6 months intraday but reversed to close lower, possibly i...
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Tags: stocks
Reversion to the Mean Is Only a Matter of Time
The S&P 500 Composite (SPX: 1,315.38) rose 0.07% on Friday to its highest closing price in 5 months, again confirming a medium-term rally. SPX appears overbought and overdue for a correction, however. Stocks may be vulnerable to a downside shakeout in days ahead. Bearish technical divergences su...
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Tags: stocks | etfs
S&P 500 Rose to Highest Closing Price in...
Consumer Discretionary stock sector price rose above the highs of the previous 6 months. Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT) fell below the lows of the previous 2 trading days, thereby suggesting a minor pullback. U.S. dollar ETF (UUP) fell below the lows of the previous 7 tra...
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Tags: stocks
