Financial stock sector Relative Strength Ratio (XLF/SPY) fell to a new 7-month low on 8/19/10 and remains bearish. Gold nearest futures contract rose above 7-week highs on 8/19/10, again confirming a significant upturn U.S....
Read MoreConsumer Discretionary stock sector Relative Strength Ratio (XLY/SPY) rose above 6-week highs and above 50- and 200-day SMAs on 8/18/10, thereby turning bullish. The 50-day SMA remains above the 200-day SMA. Absolute price of...
Read MoreFinancial stock sector Relative Strength Ratio (XLF/SPY) fell to a new 6-month low on 8/17/10 and remains bearish. Materials stock sector Relative Strength Ratio (XLB/SPY) rose to a new 4-month high on 8/17/10 and remains...
Read MoreUtilities stock sector Relative Strength Ratio (XLU/SPY) rose to a new 8-month high on 8/16/10 and remains bullish: above 50-day and 200-day SMAs, and with the 50 above the 200. Emerging Markets Stocks ETF (EEM) Relative...
Read MoreBased on prices as of the close on Friday, August 13, 2010. 5-Year Outperformance by the Top 10 Exchange Traded Funds Weekly Rankings of Major Trend Relative Strength My weekly Top 10 ETFs ranked by the Major Trend Relative...
Read MoreThe Dow Theory suggests a Minor Ripple to the downside within a Bullish Secondary Wave within a Primary Tide Bull Market. S&P 500 Composite (SPX) price broke down below 14-day lows on 8/12/10. SPX appears to be correcting...
Read MoreNext update on 8/16/10. Trading volume has been in a clear downtrend since 5/6/10 and seems unlikely to improve much in August, the traditional month for a summer vacation. S&P 500 Composite (SPX) price appears to be...
Read MoreS&P 500 Composite (SPX) price broke out to a new 10-week closing price high and rose above the 200-day SMA on 8/2/10. The 50-day remains below the 200-day SMA, however. RSI and MACD rose above 13-week highs, and many other...
Read MoreBased on prices as of the close on Friday, July 30, 2010. 5-Year Outperformance by the Top 10 Exchange Traded Funds Weekly Rankings of Major Trend Relative Strength My weekly Top 10 ETFs ranked by the Major Trend Relative...
Read MoreMajor stock price indexes consolidated previous gains over the past 4 trading days. This is entirely normal following a 3-week price run-up. It is not at all bearish. It may even be bullish if we take into account all the recent...
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