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Author: Robert W. Colby

The Stock Market Still Dislikes Financials

Financial stock sector Relative Strength Ratio (XLF/SPY) fell to a new 9-month low on 8/30/10 and remains bearish. Emerging Markets Stocks ETF (EEM) absolute price fell into the bearish zone on 8/30/10. Price is below both SMAs,...

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The Stock Market Likes Defensive Stocks

Utilities stock sector Relative Strength Ratio (XLU/SPY) rose to a new 12-month high on 8/27/10 and remains bullish. Consumer Staples stock sector absolute price (XLP) turned neutral on 8/27/10 as price closed above the 50-day...

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Stocks Broke a 4-Day Losing Streak

Financial stock sector Relative Strength Ratio (XLF/SPY) fell to a new 9-month low on 8/25/10 and remains bearish. Absolute price fell to a new 12-month low on 8/25/10 and has been in a bearish trend since peaking on 4/15/10....

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Stocks Fell Below 7-week Lows

Utilities stock sector Relative Strength Ratio (XLU/SPY) rose to a new 2-month high on 8/24/10 and remains bullish. Industrial stock sector Relative Strength Ratio (XLI/SPY) crossed below the 50-day SMA 8/24/10, turning neutral....

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Financials Remain Weak

Utilities stock sector Relative Strength Ratio (XLU/SPY) rose to a new 8-month high on 8/23/10 and remains bullish. Consumer Staples stock sector Relative Strength Ratio (XLP/SPY) rose above 9-month highs on 8/23/10, confirming...

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