SMH Tops 5 Day Trend
SMH heads up the Lazy Man sort tonight of the 5 day trend versus the market. It’s still lagging on the 12 day MA and the short interest ratio is a real concern with only IWM overshadowing on that...
Read MoreAuthor: Jeff Pietsch
Impressed with the Strength
It was definitely a positive day for the bulls, technology and small caps outperformed and closed strong. It is also a demonstration of the underlying buying power that the bulls were able to hold a triple gap up...
Read MoreWelcome Mind Money Markets!
Allow me to introduce new ETF Prophet contributor, Dave Evans of “Mind Money Markets†fame. Our first international contributor, UK-based Mr. Evans has written extensively building...
Read More03.21.11 – Gap to Major Resistance?
SPY $130, previously daily bar support, must now be watched as potential major resistance from below after this nice three day rally. Fifty cents higher also represents key intermediate moving average...
Read MoreLazy Man Volatility Trends
 A quick look at volatility in oil, the Euro, VIX, gold and TLT versus the SPY shows TLT has been the Relaxed Man choice. One problem with laying these excitable indices on top of SPY is that it makes SPY seem...
Read MoreNormalized Gap/Lap Indicator (NGIu/NGId, NLIu, NLId)
Gaps and Laps were formerly popularized by TradingMarkets: http://www.tradingmarkets.com/. They represent a means of identifying a type of market pattern that isn’t explicitly captured by other indicators....
Read MoreETF Rewind – Week 11 (03.18.11) Commodity Leadership
While the late week snap-back moderated oversold equity conditions, the VIX is still quite elevated above it’s intermediate-term average, indicating further upside potential. Of course we remain...
Read MoreParabolic Whipsaw Oscillator (PWO)
As another thought to tie in with the last series of posts, a nice complement to the PTO and PSO would be a measure of the probability that a PSAR trade will be successful. While the PSAR looks great on a chart to the average...
Read MoreGLD / GDX Spread Eases
Today’s Pomo was piddling and it was Friday so I wasn’t expecting much mojo. Nevertheless we did see some interesting catch up moves in the Rotator including the closing of the GDX /GDX...
Read MoreBear peeking out of the Cave
After the gap-up open, we drifted slowly lower into the close. Banks popped on news of dividends but faded fairly fast. Big technology names acted very poorly with Apple lagging. Probably...
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