Author: Robert W. Colby

iShares Russell 1000 Growth/S&P 500 Relative Strength Ratio (IWF/SPY) rose above 19-month highs again on 11/23/10 and remains bullish. Utilities stock sector absolute price fell below 9-week lows. Bearish. Financial stock...

Consumer Discretionary stock sector Relative Strength Ratio (XLY/SPY) rose above 12-year highs and remains bullish. XLY has been at the top of my sector rankings for more than a year and has outperformed substantially....

Bullish action in Growth and Energy. iShares Russell 1000 Growth/S&P 500 Relative Strength Ratio (IWF/SPY) rose above 19-month highs and remains bullish. Energy stock sector Relative Strength Ratio (XLE/SPY) rose above...

Energy stock sector Relative Strength Ratio (XLE/SPY) rose above 10-month highs and remains bullish. Absolute price also remains bullish. Silver broke out above the price ranges of the previous 3 trading days and broke out above...

S&P 500 Composite (SPX, 1,178.59) stabilized and consolidated losses with a Doji Candlestick and a relatively small-range “Inside Day”, that is, a lower high and higher low. This signals hesitation, a loss of downside...

VIX Fear Index rose to 23, which was above the highs of the previous 6 weeks. That jump signaled rising fear of a downside price correction. S&P 500 Composite (SPX, 1,178.34) fell below the lows of the previous 2 weeks,...

Minor price pullbacks for the short term are still evident in global markets, but these should not last much longer. Minor price corrections against major trends usually are limited in extent and duration. The strongest markets...