Author: Robert W. Colby

Materials stock sector Relative Strength Ratio (XLB/SPY) whipsawed back down below its 50-day SMA, turning systematically bearish again. Gold Mining Stocks ETF/Gold Shares ETF Relative Strength Ratio (GDX/GLD) whipsawed back...

Junk/Investment-Grade Corporate Bond ETFs Relative Strength Ratio (JNK/LQD) whipsawed back down below its 50-day SMA again, thereby turning systematically bearish again. This suggests “Risk Off” among bond investors....

Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) whipsawed back down below its 50-day SMA, thereby turning systematically bearish again. Given that “Dr. Copper” is one of the better indicators of investor...

The S&P 500 (SPX: 1,374.02) rose 8.51 points or 0.62% on Tuesday, for its third consecutive gain. VIX Fear Index fell to 16.27 intraday on 7/3/12, its lowest level since 5/1/12. VIX fell from an intraday peak of 27.73 on...

The S&P 500 (SPX: 1,365.51) rose 3.35 points or 0.25% on Monday. Dow Jones Industrial and Transportation Averages both declined slightly, however. NYSE volume fell 26% to a level well-below average, suggesting a substantial...

The S&P 500 (SPX: 1,362.16) jumped 33.12 points or 2.49% on Friday. SPX gapped higher on news of the 19th EU summit “agreement”, chopped up and down most of the day, and finally rose again in the final hour to...

Silver/Gold ETFs Ratio (SLV/GLD) fell below its lows of the previous 20 months, reconfirming its major downtrend. Silver is more of an industrial metal, suggesting weakening demand in industries that actually make things. U.S....

The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) rose above its highs of the previous 2 years, reconfirming its preexisting major bullish trend. Large Caps tend to outperform in bearish general market...

Crude Oil, United States Oil ETF (USO) fell below the lows of the previous 8 years, again confirming a major downtrend. NASDAQ Composite/S&P 500 Relative Strength Ratio whipsawed back down below its 50-day SMA, turning...