May saw its fourth consecutive down week, leaving the S&P 500 (SPY) roughly -0.1% in the red. Save the US Dollar (UUP), a handful of equity and commodity ETFs nevertheless pushed into early overbought status. In the upcoming...
Read MoreThe bulls closed the week by adding to a 3 day oversold bounce. For the S&P500 it narrowly missed a positive week and that makes 4 down week in a row. Volume was light due to the holiday, but breadth was good. Fundamentally,...
Read MoreRelated posts:Livermore Active Issues Index for Friday, August 27th Livermore Active Issues Index for Friday, May 6th Livermore Active Issues Index for Friday, November 5th Livermore Active Issues Index for Friday, March 4th...
Read MoreRelated posts:Friday Fun – Aloha Friday
Read MoreDid I mention that GDX was the focus of my attention over the past few days? It’s leading the way into the afternoon session with GLD tagging close behind. The decision to focus on...
Read MoreRelated posts:12.31.08 – Nice Holiday Follow Through The Impact of Volume on Daily Follow-Through What Holiday Volume Looks Like Moderators of the Effectiveness of Daily Follow-Through MR: Volume, Volatility,...
Read MoreHere’s the action on 10 minute bars over the last couple days on SPY (shaded), GLD, GDX, TLT and XLF. Luckily, my GDX bottom fishing connected yesterday although, as usual, I should bought more....
Read MoreThe bulls put together a pretty good bounce in afternoon trading despite minor weakness in the closing minutes. There just wasn’t any rush to add long exposure in front of the long weekend. The S&P 500 closed...
Read MoreTEMP CHATROOM LINK Related posts:The herd heads South Three Headed Monster Two Headed TLT Daytrading ETFR – 05.03.10 Link Correction
Read MoreJust wanted to call attention to the position of the equity curve on the previous pair study. It is below the RSquared line so caution is warranted. I’m finding Long GDX more compelling than TLT Short as we...
Read More
