Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) price whipsawed back below its 50-day SMA on 8/20/12, thereby turning systematically bearish again. Given that “Dr. Copper” is one of the better indicators of...
Read MoreCrude Oil, United States Oil ETF (USO) rose above its highs of the previous 3 months on 8/17/12. Crude Oil, United States Oil ETF (USO) rose above its highs of the previous 3 months on 8/17/12. Israeli media reports suggested...
Read MoreThe S&P 500 (SPX: 1,415.51) rose 9.98 points or 0.71% on Thursday to its highest level since 4/3/12. SPX has recovered nearly all of its April-June drop and is challenging the highs of the year. Stock price indexes appear...
Read MoreThe S&P 500 (SPX: 1,405.53) rose 1.60 points or 0.11% on Wednesday, another indecisive Inside Day. SPX is demonstrating a clear loss of momentum. Short-term momentum oscillators have failed to rise above their June-July...
Read MoreiShares MSCI BRIC Fund (BKF) Relative Strength Ratio (BKF/SPY) fell below its lows of the previous 3 years on 7/23/12, reconfirming its bearish trend. Short term, BKF/SPY turned systematically bearish again on 8/14/12 when it...
Read MoreCopper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) price fell below its 50-day SMA on 8/13/12, thereby turning systematically bearish again. JJC fell to its lowest level in 8 months on 8/2/12, thereby confirming its major...
Read MoreTechnical market conditions suggest that downside risk still may exceed upside potential for the stock market. Choosing safety over risk still appears to be the most reasonable approach for conservative traders and investors....
Read MoreAAII Sentiment shifted to bullish opinion. According to the AAII weekly survey of individual investors reported on 8/9/12, there were 36.47% Bulls and 27.35% Bears. This is the fewest Bears since March, 2012, just before the...
Read MoreIndustrial (XLI) stock sector ETF Relative Strength Ratio (XLI/SPY) turned systematically bearish again when it fell below its 50-day SMA. Financial (XLF) stock sector ETF Relative Strength Ratio (XLF/SPY) turned systematically...
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 50.0% in early August, up from previous peaks at 47.0% in July and...
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