Author: Robert W. Colby

Technology SPDR stock sector ETF Relative Strength Ratio (XLK/SPY) crossed above its 50-day SMA on 1/25/11, thereby turning bullish again. This RS ratio rose above 8-year highs on 11/3/10, which was a bullish confirmation of the...

Industrial SPDR stock sector ETF Relative Strength Ratio (XLI/SPY) rose above 2-year highs on 1/24/11 and remains bullish. Absolute also closed above 2-year closing price highs on 1/24/11 and remains bullish. The following stock...

The following ETFs, listed in order of major trend relative strength, closed above previous 2-year closing price highs, thereby confirming their preexisting major uptrends: Agriculture DB PS, DBA Germany Index, EWG Global 100,...

The Dow-Jones Utility Average rose above the highs of the previous 2 years. Materials SPDR stock sector ETF Relative Strength Ratio (XLB/SPY) fell again after breaking below its 50-day SMA on 1/19/11 and thereby turning neutral....

The Small Cap Russell 2000 Index/Large Cap Relative Strength Ratio (IWM/SPY) crossed below its 50-day SMA, turning neutral. Materials SPDR stock sector ETF Relative Strength Ratio (XLB/SPY) fell below its 50-day SMA, thereby...

Friendly trends are evident. The tape is speaking, and its message is clear. Many very clever people try to fight against the obvious, and they can make all kinds of very convincing arguments as to why the market should not be...

The following stock price indexes, listed in order of major trend relative strength, closed above previous 2-year closing price highs, thereby confirming their preexisting major uptrends: Russell 2000 Nasdaq 100 Nasdaq Composite...

The following major indexes closed above previous 2-year closing price highs, thereby confirming their preexisting major uptrends: Dow Jones Composite Average Dow Jones Industrial Average Nasdaq 100 Nasdaq Composite NAS/NMS,...