Author: Robert W. Colby

The S&P 500 (SPX: 1,394.23) rose 3.24 points or 0.23% on Monday. SPX rose above its highs of the previous 12 weeks–but various technical indicators again failed to confirm. NYSE volume fell 17%, suggesting waning...

Technical market conditions suggest that downside risk still may exceed upside potential for the stock market. Choosing safety over risk appears to be the most reasonable approach for conservative traders and investors. The...

Gold, SPDR Gold Shares ETF (GLD) fell below its 50-day SMA, thereby turning systematically bearish. Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) price fell to its lowest level in 8 months, thereby confirming its major...

Now here is what is really happening. U.S. dollar ETF (UUP) whipsawed back up above its 50-day SMA, turning systematically bullish again. Silver, iShares Silver Trust ETF (SLV) whipsawed back down below its 50-day SMA, thereby...

The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEF/SPY) rose above its highs of the previous 2 years on 7/31/12, reconfirming its preexisting major bullish trend. Large Caps tend to outperform in bearish...

The S&P 500 (SPX: 1,385.30) fell 0.67 points or 0.05% on Monday. The day formed a Spinning Top Candlestick, suggesting hesitation and indecision. NYSE trading volume fell 27%, also suggesting hesitation. For the short term,...

The S&P 500 (SPX: 1,385.97) rose 25.95 points or 1.91% on Friday following reports that European Central Bank President Mario Draghi is considering bond buys, a rate cut, and a new LTRO program. “Within our mandate,...

NASDAQ Composite/S&P 500 Relative Strength Ratio fell below its lows of the previous 6 months. The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) fell below its lows of the previous 6 months....

China LargeCap Growth G D H USX PS, PGJ, closed below its lowest closing prices of the previous 3 years. Bond, iShares Barclays 20+ Year U.S. Treasury ETF (TLT) rose to a new high, thereby confirming its preexisting major...

Deutsche Bank AG, DB, fell below its lows of the previous 3 years. U.S. dollar ETF (UUP) price rose above its highs of the past 18 months on 7/24/12, thereby confirming its preexisting uptrend. The Largest Cap S&P...