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Author: Robert W. Colby

Breakaway Gaps

U.S. dollar ETF (UUP) rose above its 200-day SMA and above 3-months’ highs. Agriculture, PowerShares DB Agriculture Fund ETF (DBA) price fell below 7-months’ lows. Crude Oil, United States Oil ETF (USO) price fell to...

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Diminishing Bullish Momentum

It was another mixed performance for the stock market on Friday. The S&P 500 (SPX: 1,519.79) finished down 0.10%, the Nasdaq Composite Index fell 0.21%, the Dow Jones Industrial Average rose 0.06%, and the Dow Jones...

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Commodities: Golden Cross or Dead Cross?

Crude Oil, United States Oil ETF (USO) price 50-day SMA is heading toward a bullish “Golden Cross” above the 200-day SMA this week. Longer term, USO has been mostly bearish since peaking at 119.17 on 7/11/08. Gold,...

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Where Are the New Highs?

The Number of Net New Highs on the NYSE (Daily New Highs minus Daily NYSE Daily New Lows) were 280 on Tuesday, down from 426 on 2/1/13. That diminishing number also is below the numbers for January and September. With many of...

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Deflation?

Agriculture, PowerShares DB Agriculture Fund ETF (DBA) price fell below 7-months lows on 2/11/13. Price turned systematically bearish on 1/11/13 when the 50-day SMA crossed down below the 200-day SMA. Stocks opened slightly...

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