Kara Crawford at kara@traderplanet.comadmin@traderplanet.comTraderPlanet.com :: RobertWColby's Commentarieshttp://www.traderplanet.com/TraderPlanet.com offers its popular content for commercial syndication via RSS. The feeds include backlinks for the full articles and automatically assign author attribution, which is required. To syndicate these RSS feeds on a commercial Web site, TraderPlanet.com, LLC requires the execution of standard linking agreement. Contact Kara Crawford at kara@traderplanet.com for further details.en-usStock Market Nearing Resistance http://www.traderplanet.com/commentaries/view/134306-stock_market_nearing_resistancehttp://www.traderplanet.com/commentaries/view/134306-stock_market_nearing_resistance<p >Copper, iPath DJ-UBS Copper TR Sub-Index ETN rose above the highs of the previous 5 months and rose above its 200-day SMA, thereby confirming its preexisting medium-term uptrend. <br /><br />U.S. dollar ETF fell below the lows of the previous 12 weeks, reconfirming a downside correction. <br /><br />Consumer Discretionary stock sector price rose above previous highs. <br /><br />Technology stock sector price rose above the highs of the previous 4 years. <br /><br />Energy stock sector Relative Strength Ratio whipsawed back below its 50-day...</p><a href='http://www.traderplanet.com/commentaries/view/134306-stock_market_nearing_resistance'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> Robert W. ColbyRobert W. ColbyThu, 09 Feb 2012 14:12:53 +0000Question Taking On Risk http://www.traderplanet.com/commentaries/view/134128-question_taking_on_riskhttp://www.traderplanet.com/commentaries/view/134128-question_taking_on_risk<p><b><i><br /></i></b>Consumer Discretionary price rose above previous highs. <br /><br /> Technology price rose above the highs of the previous 4 years. <br /><br /> Consumer Staples stock sector Relative Strength Ratio fell below the lows of the previous 6 months. <br /><br /> Bond, iShares Barclays 7-10 Year U.S. Treasury ETF fell back below its 50-day SMA, turning technically neutral again. <br /><br /> U.S. dollar ETF fell below the lows of the previous 12 weeks, reconfirming a downside correction. <br /><br /> The stock market started Tuesday in the red, following lo...</p><a href='http://www.traderplanet.com/commentaries/view/134128-question_taking_on_risk'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/815/?a=1071><img src=http://www.traderplanet.com/themes/trader_plain/gfx/murphy.gif border=0 /></a></p> Robert W. ColbyRobert W. ColbyWed, 08 Feb 2012 13:48:49 +0000Hangover Following A Burst of Bullish Enthusiasm http://www.traderplanet.com/commentaries/view/133915-hangover_following_a_burst_of_bullish_enthusiasmhttp://www.traderplanet.com/commentaries/view/133915-hangover_following_a_burst_of_bullish_enthusiasm<p><b><i><br /></i></b>Financial stock sector Relative Strength Ratio whipsawed below its 200-day SMA. <br /><br /> Utilities stock sector Relative Strength Ratio fell below the lows of the previous 6 months. <br /><br /> Junk/Investment-Grade Corporate Bond ETFs Relative Strength Ratio whipsawed back below its 50-day SMA. <br /><br /> Silver/Gold ETFs Ratio rose above the highs of the previous 11 weeks. <br /><br /> Copper, iPath DJ-UBS Copper TR Sub-Index ETN whipsawed back below its 200-day SMA. <br /><br /> The stock market failed to capitalize on Friday's burst of bull...</p><a href='http://www.traderplanet.com/commentaries/view/133915-hangover_following_a_burst_of_bullish_enthusiasm'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Robert W. ColbyRobert W. ColbyTue, 07 Feb 2012 13:50:45 +0000A Burst of Bullish Enthusiasm http://www.traderplanet.com/commentaries/view/133728-a_burst_of_bullish_enthusiasmhttp://www.traderplanet.com/commentaries/view/133728-a_burst_of_bullish_enthusiasm<p><b><i><br /></i></b>Consumer Discretionary stock sector Relative Strength Ratio whipsawed back above its 50-day SMA, and XLY absolute price rose above previous highs. <br /><br /> Industrial stock sector absolute price rose above the highs of the previous 6 months. <br /><br /> Technology stock sector absolute price rose above the highs of the previous 4 years. <br /><br /> Consumer Staples stock sector Relative Strength Ratio fell below the lows of the previous 6 months. <br /><br /> Utilities stock sector Relative Strength Ratio fell below the lows of the p...</p><a href='http://www.traderplanet.com/commentaries/view/133728-a_burst_of_bullish_enthusiasm'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Robert W. ColbyRobert W. ColbyMon, 06 Feb 2012 13:46:40 +0000Bullish Momentum Failing http://www.traderplanet.com/commentaries/view/133426-bullish_momentum_failinghttp://www.traderplanet.com/commentaries/view/133426-bullish_momentum_failing <p>U.S. dollar ETF fell below the lows of the previous 11 weeks, confirming a downside correction. <br /><br /> Crude Oil, United States Oil ETF fell below the lows of the previous 6 weeks, thereby confirming a short-term, downside correction. <br /><br /> Gold, SPDR Gold Shares ETF rose above the highs of the previous 11 weeks, thereby confirming its preexisting uptrend. <br /><br /> Silver, iShares Silver Trust ETF rose above the highs of the previous 11 weeks, thereby confirming its preexisting uptrend. <br /><br /> The S&amp;P 500 Composite ...</p><a href='http://www.traderplanet.com/commentaries/view/133426-bullish_momentum_failing'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Robert W. ColbyRobert W. ColbyFri, 03 Feb 2012 13:43:44 +0000Stocks: A Test of the Highs? http://www.traderplanet.com/commentaries/view/133189-stocks_a_test_of_the_highshttp://www.traderplanet.com/commentaries/view/133189-stocks_a_test_of_the_highs<p><b><i><br /></i></b>Health Care stock sector ETF price rose above the highs of the previous 8 months. <br /><br /> Technology stock sector ETF price rose above the highs of the previous 3 years. <br /><br /> Bond, iShares Barclays 20+ Year U.S. Treasury ETF whipsawed back below its 50-day SMA on 2/1/12, turning technically neutral again. <br /><br /> Crude Oil, United States Oil ETF fell below the lows of the previous 6 weeks, thereby confirming a short-term, downside correction. <br /><br /> Gold, SPDR Gold Shares ETF rose above the highs of the previous 9 w...</p><a href='http://www.traderplanet.com/commentaries/view/133189-stocks_a_test_of_the_highs'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> Robert W. ColbyRobert W. ColbyThu, 02 Feb 2012 13:50:39 +0000Stock Market: S&amp;P 500 "Golden Cross"? http://www.traderplanet.com/commentaries/view/132988-stock_market_s_amp_p_500_golden_crosshttp://www.traderplanet.com/commentaries/view/132988-stock_market_s_amp_p_500_golden_cross<p><b><i><br /></i></b>Gold, SPDR Gold Shares ETF 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 above the 200-day SMA every day since 2/11/09. <br /><br /> The S&amp;P 500 Composite fell 0.05% on Tuesday. That was the fourth consecutive lower daily close price. <br /><br /> Despite recent price weakness for SPX, its 50-day SMA cr...</p><a href='http://www.traderplanet.com/commentaries/view/132988-stock_market_s_amp_p_500_golden_cross'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Robert W. ColbyRobert W. ColbyWed, 01 Feb 2012 14:12:26 +0000Stock Market: S&amp;P 500 Fell Below the Lows of the Previous 7 Trading Dayshttp://www.traderplanet.com/commentaries/view/132762-stock_market_s_amp_p_500_fell_below_the_lows_of_the_previous_7_trading_dayshttp://www.traderplanet.com/commentaries/view/132762-stock_market_s_amp_p_500_fell_below_the_lows_of_the_previous_7_trading_days<p><b><i><br /></i></b>Copper, iPath DJ-UBS Copper TR Sub-Index ETN whipsawed back below its 200-day SMA on 1/30/12, turning technically neutral. <br /><br /> Bond, iShares Barclays 20+ Year U.S. Treasury ETF rose back above its 50-day SMA on 1/30/12, turning technically bullish again. <br /><br /> Foreign Stocks ETF Relative Strength Ratio whipsawed back below its 50-day SMA on 1/30/12, turning technically bearish again. <br /><br /> The Largest Cap S&amp;P 100/S&amp;P 500 Relative Strength Ratio rose above its 50-day SMA on 1/30/12, turning technically bul...</p><a href='http://www.traderplanet.com/commentaries/view/132762-stock_market_s_amp_p_500_fell_below_the_lows_of_the_previous_7_trading_days'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> Robert W. ColbyRobert W. ColbyTue, 31 Jan 2012 13:39:22 +0000Stock Market: Losing Steam, Vulnerable to a Downside Shakeout. http://www.traderplanet.com/commentaries/view/132568-stock_market_losing_steam_vulnerable_to_a_downside_shakeouthttp://www.traderplanet.com/commentaries/view/132568-stock_market_losing_steam_vulnerable_to_a_downside_shakeout<p >Gold, SPDR Gold Shares ETF confirmed a bullish trend. GLD rose above the highs of the previous 7 weeks. <br /><br />Silver, iShares Silver Trust ETF confirmed a bullish short-term trend. SLV rose above the highs of the previous 10 weeks. <br /><br />U.S. dollar ETF confirmed a downside correction. UUP fell below the lows of the previous 8 weeks. <br /><br />Last week, the S&amp;P 500 Composite rose 0.07% while the Dow Jones Industrial Average lost 0.47%. <br /><br />The stock market has been overbought for many days and is overdue for a downsi...</p><a href='http://www.traderplanet.com/commentaries/view/132568-stock_market_losing_steam_vulnerable_to_a_downside_shakeout'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> Robert W. ColbyRobert W. ColbyMon, 30 Jan 2012 14:32:38 +0000Stock Price Momentum Turned Downhttp://www.traderplanet.com/commentaries/view/132295-stock_price_momentum_turned_downhttp://www.traderplanet.com/commentaries/view/132295-stock_price_momentum_turned_down<p><b><i><br /></i></b>Gold, Silver, and Copper confirmed a bullish trends by rising above highs of the previous 7 or more weeks. <br /><br /> U.S. dollar ETF confirmed a downside correction by falling below the lows of the previous 7 weeks. <br /><br /> The S&amp;P 500 Composite fell 0.57% on Thursday on more active trading volume. SPX opened higher but eroded steadily after the first half hour. SPX surrendered more than 2/3 of its gain for the week. <br /><br /> Stock price momentum turned down. RSI based on the SPX fell below the lows of the previous ...</p><a href='http://www.traderplanet.com/commentaries/view/132295-stock_price_momentum_turned_down'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Robert W. ColbyRobert W. ColbyFri, 27 Jan 2012 14:06:51 +0000Markets Say Fed Is Inflating http://www.traderplanet.com/commentaries/view/132027-markets_say_fed_is_inflatinghttp://www.traderplanet.com/commentaries/view/132027-markets_say_fed_is_inflating<p>Gold, SPDR Gold Shares ETF confirmed a bullish trend. GLD broke out above a 4-month downtrend line and rose above the highs of the previous 7 weeks. <br /><br /> Silver, iShares Silver Trust ETF confirmed a bullish short-term trend. SLV broke out above a 4-month downtrend line and rose above the highs of the previous 8 weeks. <br /><br /> Copper, iPath DJ-UBS Copper TR Sub-Index ETN rose above the highs of the previous 4 months. <br /><br /> U.S. dollar ETF confirmed a downside correction. UUP fell below the lows of the previou...</p><a href='http://www.traderplanet.com/commentaries/view/132027-markets_say_fed_is_inflating'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Robert W. ColbyRobert W. ColbyThu, 26 Jan 2012 14:04:08 +0000Momentum Grinds to a Halt http://www.traderplanet.com/commentaries/view/131693-momentum_grinds_to_a_halthttp://www.traderplanet.com/commentaries/view/131693-momentum_grinds_to_a_halt<p >The S&amp;P 500 Composite 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. <br />. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .<br /><br /><b><i>Equity Mutual Funds lost 6% in 2011</i></b>, according to Lipper Research Services. <br /><b><i>Hedge funds lost 5%</i></b>, according to COO Connect. <br /><b><i>Hedge funds suffered their sec...</i></b></p><a href='http://www.traderplanet.com/commentaries/view/131693-momentum_grinds_to_a_halt'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> Robert W. ColbyRobert W. ColbyWed, 25 Jan 2012 14:03:47 +0000Technical Divergences Support a Skeptical Attitudehttp://www.traderplanet.com/commentaries/view/131670-technical_divergences_support_a_skeptical_attitudehttp://www.traderplanet.com/commentaries/view/131670-technical_divergences_support_a_skeptical_attitude<p >Health Care stock sector Relative Strength Ratio fell below its 50-day SMA and fell below the lows of the previous 5 weeks, signaling a downside correction. <br /><br />Industrial stock sector price rose above the highs of the previous 6 months intraday but reversed to close lower, possibly indicating overbought exhaustion. <br /><br />Consumer Staples stock sector Relative Strength Ratio Relative Strength Ratio fell below the lows of the previous 20 weeks. <br /><br />Bond, iShares Barclays 20+ Year U.S. Treasury ETF confirmed...</p><a href='http://www.traderplanet.com/commentaries/view/131670-technical_divergences_support_a_skeptical_attitude'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/815/?a=1071><img src=http://www.traderplanet.com/themes/trader_plain/gfx/murphy.gif border=0 /></a></p> Robert W. ColbyRobert W. ColbyTue, 24 Jan 2012 13:52:25 +0000Reversion to the Mean Is Only a Matter of Timehttp://www.traderplanet.com/commentaries/view/131664-reversion_to_the_mean_is_only_a_matter_of_timehttp://www.traderplanet.com/commentaries/view/131664-reversion_to_the_mean_is_only_a_matter_of_time<p><b><i><br /></i></b>The S&amp;P 500 Composite 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. <br /><br /> Bearish technical divergences support a skeptical attitude toward a further stock price advance: SPX still demonstrates relatively low short-term upside momentum; volume trends are bearish, rising on declines and falling on rallies; and the net num...</p><a href='http://www.traderplanet.com/commentaries/view/131664-reversion_to_the_mean_is_only_a_matter_of_time'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> Robert W. ColbyRobert W. ColbyMon, 23 Jan 2012 20:25:59 +0000S&amp;P 500 Rose to Highest Closing Price in 5 Monthshttp://www.traderplanet.com/commentaries/view/131511-s_amp_p_500_rose_to_highest_closing_price_in_5_monthshttp://www.traderplanet.com/commentaries/view/131511-s_amp_p_500_rose_to_highest_closing_price_in_5_months<p >Consumer Discretionary stock sector price rose above the highs of the previous 6 months. <br /><br />Bond, iShares Barclays 20+ Year U.S. Treasury ETF fell below the lows of the previous 2 trading days, thereby suggesting a minor pullback. <br /><br />U.S. dollar ETF fell below the lows of the previous 7 trading days, thereby suggesting a minor pullback. <br /><br />Gold Mining Stocks ETF/Gold Shares ETF Relative Strength Ratio fell below the lows of the previous 3 years, thereby reconfirming a bearish major trend for the long ...</p><a href='http://www.traderplanet.com/commentaries/view/131511-s_amp_p_500_rose_to_highest_closing_price_in_5_months'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Robert W. ColbyRobert W. ColbyThu, 19 Jan 2012 14:26:38 +0000