Author: Robert W. Colby

Crude Oil, United States Oil ETF (USO) absolute price rose above its highs of the previous 8 months on 5/21/14, thereby confirming its preexisting bullish uptrend. The S&P 500 Composite Index (SPX: 1,888.03, up 0.81%)...

Gold Mining Stocks ETF/Gold Shares ETF Relative Strength Ratio (GDX/GLD) fell below its lows of the previous 8 weeks on 5/20/14 and is now systematically bearish again. GDX/GLD has been systematically bearish most of the time...

NYSE total volume fell 10% on Friday to a level 4% below its 200-day SMA. Generally, rising volume confirms the direction (up or down) of a price move, but falling volume may indicate diminishing power behind a price trend,...

The Small Cap Russell 2000 Index ETF (IWM) absolute price fell below the lows of the previous 3-months on 5/15/14. NASDAQ 100 ETF (QQQ) absolute price crossed below its 50-day SMA on 5/15/14, thereby turning systematically...

The S&P 500 Composite Index (SPX: 1,897.45, up 0.04%) absolute price gapped higher on the open, added moderately to opening gains in the first 75 minutes, but surrendered nearly all of the early gain by the close. SPX closed...

The Dow Theory reconfirmed a Primary Tide Bull Market on 5/12/14 when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed at new closing price highs. Such a confirmation suggests that...

The S&P Mid Cap 400/Large Cap Relative Strength Ratio (MDY/SPY) 50-day SMA crossed below the 200-day SMA on 5/9/14, thereby turning systematically bearish (from neutral). Crude Oil, United States Oil ETF (USO) absolute price...

The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) fell below its lowest levels of the previous 11 months on 5/8/14, thereby reconfirming its preexisting major bearish trend. Technology stock sector ETF...