Author: Robert W. Colby

Yogi Berra said, “It’s deja vu all over again.” The stock market action on Thursday was eerily similar to the action on both Tuesday and Wednesday. U.S. stocks gapped higher on the open and prices closed about...

U.S. dollar ETF (UUP) price whipsawed back above its 50-day SMA on 6/26/13, thereby turning systematically bullish (from neutral). Gold, SPDR Gold Shares ETF (GLD) price trend remains systematically bearish. Price fell below its...

The Dow Theory confirmed a Secondary Reaction on 6/20-6/21/13, when the Dow-Jones Transportation Average and the Dow-Jones Industrial Average both closed below their price lows of the previous 7 weeks. Previously, on 5/28/13,...

Gold, Silver, and Copper ETFs fell below lows of the previous 2 years on 6/20/13, again reconfirming major downtrends. Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) fell below the lows of the previous 10 months...

Gold, SPDR Gold Shares ETF (GLD) price fell below its lows of the previous 2 years on 6/19/13, thereby reconfirming its preexisting major bearish trend. Price turned systematically bearish on 2/22/13, when the 50-day SMA fell...

iShares MSCI BRIC Fund (BKF) Relative Strength Ratio (BKF/SPY) and Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) both fell below their lows of the previous 4 years on 6/18/13, again reconfirming preexisting...

U.S. dollar ETF (UUP) price fell below its lows of the previous 3 months on 6/17/13, confirming its preexisting downside correction. U.S. stocks rallied early on Monday but turned choppy after peaking at 11:11 a.m. ET, seeming...

iShares MSCI BRIC Fund (BKF) Relative Strength Ratio (BKF/SPY) and Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) both fell below their lows of the previous 4 years on 6/14/13, reconfirming their preexisting...

NASDAQ 100/S&P 500 Relative Strength Ratio (QQQ/SPY) fell back down below its 50-day SMA on 6/13/13, thereby turning systematically bearish (from neutral) again. Longer term, QQQ has underperformed SPY since 4/10/12, and so...