| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| SPY $108.97 | ||||||||
| VIX 30.18 | ||||||||
| TLT $98.13 |
The VIX -- the so-called "fear index" -- has dropped sharply and is showing bear phase on both the macd and on Persons' Proprietary Signal (pps). A bearish VIX is bullish for stocks.
The price of Treasury long-term bonds is down about half a percent (a lower bond price means higher interest rates).
The big gainers among my indicators are emerging markets and crude oil, both up about 1.7%.
Gold this morning shows bull phase on the pps.
| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| JNK $37.95 | ||||||||
| GLD $118.45 | ||||||||
| USO $32.39 | ||||||||
| EEM $37.09 | ||||||||
| EUR/USD $1.2276 | ||||||||
| USD/JPY ¥90.31 |
Gerald Appel, the inventor of the MACD tech analysis tool, gives hard-earned wisdom on stock picking and the timing of tardes. A masterwork by a market master.
Indicator 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
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
- sto - Fast Stochastic
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.
New to private trading? Here's a look at How to Become a Private Trader.
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