Materials Stock Sector Relative Strength Ratio (XLB/SPY) broke down below 3-year lows on 9/4/12, thereby confirming its preexisting major downtrend. XLB/SPY fell below its 50-day SMA on 8/23/12, thereby turning systematically...
Read MoreStock price indexes tested 4-year highs in August, but they failed the test. The S&P 500 (SPX: 1,406.58) rose above 2011-2012 highs intraday on 8/21/12 but reversed and could not close at a new high. SPX ended that week with...
Read MoreThe following sector ETFs absolute prices broke below 4-week lows on Thursday: Utilities sector ETF (XLU) Energy sector ETF (XLE) Industrial sector ETF (XLI) Materials sector ETF (XLB) Dow-Jones Industrial, Transportation,...
Read MoreInvestors Intelligence Sentiment shows that stock market newsletter advisors are too bullish. As of 8/29/12, there were 48.9% Bulls and 24.5% Bears. This 48.9% Bulls is the largest percentage of Bulls since 4/4/12, just 2 days...
Read Moreto tell us exactly how they are going to manipulate the markets. They appear to be leaning toward mostly bullish jawboning, happy talk, although actions have not followed words. Judging from the slow trading volume and low price...
Read MoreThe Dow-JonesTransports fell below 50- and 200-day SMAs on 8/27/12, thereby turning systematically bearish again. Industrial stock sector ETF Relative Strength Ratio (XLI/SPY) whipsawed back below its 50-day SMA on 8/27/12,...
Read MoreStock price indexes tested 4-year highs last week, but they failed the test. The S&P 500 rose above previous highs intraday on Tuesday but reversed and could not close at a new high. SPX ended the week with a loss of 0.50%,...
Read MoreAAII Sentiment shows that individual investors are extremely bullish. As of 8/23/12, there were 41.96% Bulls and 25.87% Bears. This is the most extreme optimism since 3/29/12, a few days before the SPX high close for the year...
Read MoreHulbert Stock Newsletter Sentiment Index showed that the average recommended equity exposure among a subset of the shortest-term stock market timers jumped to 53.1% in August, up from previous peaks at 47.0% in July and 42.1% in...
Read MoreAgriculture, PowerShares DB Agriculture Fund ETF (DBA) broke out to the upside of a triangle consolidation pattern. DBA remains systematically bullish. Crude Oil, United States Oil ETF (USO) rose above its highs of the previous...
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