Author: Robert W. Colby

Highlights based on trading on Friday, June 8, 2012: Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) fell below its lows of the previous 5 months. JJC remains far below its 2011 high at 61.69 and has underperformed the stock...

Highlights based on trading on Wednesday, June 6, 2012: Gold, SPDR Gold Shares ETF (GLD) rose above its 50-day SMA, turning systematically neutral. The S&P Mid Cap 400/Large Cap Relative Strength Ratio (MDY/SPY) turned...

Highlights based on trading on Tuesday, June 5, 2012: Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) fell below its lows of the previous 5 months on 6/5/12. JJC turned bearish on 5/31/12 when the 50-day SMA crossed below the...

Highlights based on trading on Monday, June 4, 2012: The Dow Theory confirmed a Primary Tide Bear Market on 6/4/12 when both Industrials and Transports closed below their closing price lows of the previous 5 months. The S&P...

Highlights based on trading on Friday, June 1, 2012: New data is confirming the stock market’s price downtrend. The S&P 500 (SPX: 1,278.04) fell 32.29 points or 2.46% on Friday. SPX broke down below its lows of the...