4/16 Morningline: Technicals

With my electricity back, I can now do the technical indicator bars that normally accompany the Morningline posts.

Stocks and bonds. Note the significant deterioration in the SPY technicals, and improvement in TLT.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
SPY $119.40
TLT $89.68

At 11:24 a.m. Eastern

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Buy--DON'T Hold: Investing with ETFs Using Relative Strength to Increase Returns with Less Risk

Financial consultant Leslie Masonson describes a strategy for actively trading exchange-traded funds.

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Other Indicators.New psar/pps bear signals on GLD.USO.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
VIX 18.84
JNK $39.95
GLD $111.42
USO $40.65
EEM $42.58
EUR/USD $1.3501
USD/JPY ¥92.05

At 11:30 a.m. Eastern

My holdings.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
AOD $9.24
BBY $45.27
EEM $43.48
GE $18.92
JNK $39.91
MCO $27.37
NLY $17.02
PALM $5.53

At 10:36 a.m. Eastern

Abbreviations:
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic

Exchange-Traded Fund Symbols:
EEM - emerging markets
EUR/USD - euro/dollar currency pair
GLD - gold
JNK - high-yield corporate bonds
SPY - blue-chip stocks
TLT - Treasury long-term bonds
USD/JPY - dollar/yen currency pair
USO - crude oil
VIX - fear index

About the glance: The colors indicate the state of each signal.

• trend: Determined by the 5-day moving average, green for up, red for down, yellow for sideways
• adx: orange for above 30-up, blue for 20-down, purple for in the middle. Red is most prone to whipsaws
• psar, pps, macd: green for bull mode, red for bear
• sto: green for overbought, red for oversold, yellow for the neutral zone.

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