Thursday, May 6, 2010

5/6 Morningline: Other Indicators

Gold (GLD) was trading up 0.8% from the prior close, and high-yield corporate debt (JNK) was trading down 0.9%.
trendadxpsarppsmacdmacd
trend
stosto
trend
JNK $38.48
GLD $115.99
USO $38.24
EEM $39.65
EUR/USD $1.2743
USD/JPY ¥93.55
At 10:10 a.m. Eastern

Both gold and junk bonds are measures of insecurity: Gold, about the value of the currency, and junk, about the ability of corporations to pay their debts.


The Investor's Guide to Active Asset Allocation: Using Technical Analysis and ETFs to Trade the Markets

Martin Pring's detailed deconstruction of the economic cycle: What sorts stocks to look for at each stage of the recovery. A masterful analysis.


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
mfi - Money Flow Index
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.


Today on Private Trader

New to Private Trader? Check out the Reader's Guide.

New to private trading? Here's a look at How to Become a Private Trader.

No comments:

Post a Comment