Author: Robert W. Colby

“Everywhere we look we find behavior that cannot go on for long. Everywhere people are living as though there is no tomorrow.” — German Chancellor Angela Merkel, November 14, 2011 U.S. dollar ETF (UUP)...

Agriculture, PowerShares DB Agriculture Fund ETF (DBA) fell below the lows of the previous 5 weeks on 11/11/11–this following a break below the lows of the previous 10 months on 10/3/11. DBA remains below 20-day, 50-day,...

NASDAQ Composite/S&P 500 Relative Strength Ratio fell below 9-week lows and fell further below its 50-day SMA on 11/10/11. The Ratio has been trending lower since peaking on 9/23/11. This is cause for concern. The S&P...

Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) plunged below the lows of the previous 7 years on 11/9/11, reconfirming the preexisting major Bear trend. The 50-day SMA has remained bearishly below the 200-day SMA of...

Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) fell below the lows of the previous 7 weeks on 11/7/11, reconfirming the preexisting downtrend. The 50-day SMA has remained bearishly below the 200-day SMA of the...

The S&P 500 Composite (SPX: 1,253.23) fell 7.92 points or 0.63% on Friday, November 4, 2011. On Tuesday 11/1/11, SPX fell below a 4-week uptrend line and below the lows of the previous 6 trading days, suggesting a short-term...

The S&P 500 Composite (SPX: 1,261.15) rose 23.25 or 1.88% on Thursday, November 3, 2011. On Wednesday and Thursday, SPX recovered a normal fraction of its losses on Monday and Tuesday. SPX still is down for the week,...

thereby denying confirmation of Wednesday’s bounce. The S&P 500 Composite (SPX: 1,237.90) rose 19.62 points or 1.61% on Wednesday, November 2, 2011. SPX recovered a normal fraction of its losses on the previous 2...

The S&P 500 Composite (SPX: 1,218.28) fell 35.02 points or 2.79% on Tuesday, November 1, 2011. SPX now has surrendered more than it gained last week. NYSE volume rose 31% to confirm the stock price downtrend. SPX fell below...