Author: Robert W. Colby

Utilities stock sector ETF (XLU) Relative Strength Ratio (XLU/SPY) broke down below its lows of the previous 3 months on 7/3/14. Absolute price crossed below its 50-day SMA on 7/3/14. Gold Mining Stocks ETF/Gold Shares ETF...

NASDAQ 100 ETF/S&P 500 ETF Relative Strength Ratio (QQQ/SPY) rose further above its highs of the previous 3 months on 7/2/14. Industrial stock sector ETF (XLI) Relative Strength Ratio (XLI/SPY) broke down below its lows of...

Agriculture, PowerShares DB Agriculture Fund ETF (DBA) absolute price broke down below its lows of the previous 4 months on 7/1/14, thereby reconfirming a significant downside price pullback. The Dow Theory reconfirmed a Primary...

Utilities stock sector ETF (XLU) Relative Strength Ratio (XLU/SPY) rose above its highs of the previous 7 weeks on 6/30/14, thereby confirming its systematically bullish trend. Absolute price rose above its highs of the previous...

Sharp moves in the price of the U.S. dollar sometimes appear to coincide with or precede sharp movements in a variety of markets. One of the most dramatic examples is the plunge in the U.S. dollar on 10/19/1987, which...

The S&P 500 Composite Index (SPX: 1,957.22, down 0.12%) absolute price fell steeply for the first 22 minutes of the day on Thursday, breaking below the intraday lows of the previous 5 trading days. SPX struggled to recover...

U.S. dollar ETF (UUP) price broke down below its lows of the previous 5 weeks and fell below its 50-day SMA on 6/25/14, thereby reconfirming its bearish trend. Price has remained systematically bearish most of the time since...

Industrial stock sector ETF (XLI) Relative Strength Ratio (XLI/SPY) broke down below its lows of the previous 13 weeks on 6/24/14 and is now below its 50-day SMA and 200-day SMA. Absolute price broke down below its lows of the...

Inflation appeared to be an emerging theme last week as oil, gold, silver, and copper really perked up. It appears to have much to do with all the talk about developing conflicts in Iraq and Ukraine. Those are volatile...