Monday, November 16, 2009

11/16 Morningline

In our holdings, GE and RF continue in bull mode, with GE's price stalling.

Indicators:

SPY, for blue chips, and GLD, for gold, remain in bull mode, both capping up this morning. The VIX remains in bear mode (which is bullish for stocks).

TLT, for bonds, is in bear mode (prices down, rates up), and the mfi has reversed so it now matches the pps again.

Currencies: EUR/USD in bear mode, USD/JPY in bull mode, with prices stalling on each.

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