Thursday, November 12, 2009

11/12 Morningline

Ah, the dawn of a new day (or on the West Coast, the dismal darkness before the dawn).

Among our holdings...
  • GE and IWM show price stalls but no exit signals, with the mfi still rising
  • AMD and HD remain in bull mode
Among the indicators...
  • USD/JPY shows a bull signal, although the mfi is not bouncing out of oversold territory. So, by my rules, no entry.
  • SPY, QQQQ, GLD and the EUR/USD currency pair remain in bull mode.
  • TLT and the VIX remain in bear mode.
No early entry set ups among the high-volume ETFs or individual issues.

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