Advertisement

Author: Robert W. Colby

Copper Bearish, Oil Bullish

Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) absolute price whipsawed back down below its 50-day SMA on 5/7/14, thereby turning systematically bearish (from neutral). “Dr. Copper” is widely accepted as one of...

Read More

U.S. Dollar In A Major Downtrend

U.S. dollar ETF (UUP) price fell to its lowest level in more than 2 years on 5/6/14, thereby confirming its preexisting major downtrend. The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) fell below its...

Read More

Financial Stocks Are Underperforming

Financial stock sector ETF (XLF) absolute price whipsawed back down below its 50-day SMA on 5/5/14, thereby turning systematically neutral (from bullish). XLF also declined 2 positions in my sector long-term Relative Strength...

Read More

Bonds Are Outperforming

Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) absolute price whipsawed back up above its 50-day SMA on 5/2/14, thereby turning systematically neutral (from bearish). Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT)...

Read More

Bonds Bullish, But Junk Bonds Lag

Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT) absolute price rose to its highest level in 10 months on 5/1/14 and remains systematically bullish. U.S. Treasury Inflation Protected Bond (TIP) absolute price rose to its...

Read More

Dow Theory Confirmation

The Dow Theory reconfirmed a Primary Tide Bull Market on 4/30/14 when the Dow-Jones Industrial Average closed at a new closing price high to confirm the new high by the Dow-Jones Transportation Average on 4/23/14. Such a...

Read More

Stocks: Risk Rising

The Wilshire 5000 Composite Index absolute price crossed back down below its 50-day SMA on 4/25/14, thereby turning systematically neutral (from bullish). The Slow Stochastic Oscillator (12,3) has just turned down from an...

Read More

Gold Turning Up?

Gold, SPDR Gold Shares ETF (GLD) price formed a Bullish Engulfing Candlestick on 4/24/14, this following a nearly 50% retracement of its December-March uptrend. GLD price has stabilized since June and could be forming a base....

Read More

SIGN UP TO NEWSLETTER

Join our mailing list to receive the latest news and updates from our team.