10/1 Almanac

On Friday, Oct. 1: Personal income and outlays, manufacturing.

Oh! And Happy 4th Quarter, everyone!!!

There are 15 days before the October options expire, 50 the November and 78 the December.

On the jump, market stats, econ reports, and the trading calendar . . .

9/30 Forex

• No new signals on the currency pairs that I follow.

	pps	pps open	upper pivot	lower pivot
EUR/USD US$1.36		US$1.35 sep13	US$1.31	US$1.24
USD/JPY¥83		¥85.08 sep22	¥86	¥83
GBP/USD US$1.57		US$1.54 sep8	US$1.58	US$1.51
EUR/JPY ¥114		¥112.22 sep14	¥108	¥103
USD/CAD C$1.03		C$1.03 sep24	C$1.09	C$1.03
USD/MXN M$12.56		M$13.07 sep2	M$13.50	M$12.72

9/30 Morningline

• S&P 500, Nasdaq 100 fast stochastic whipsaws back into bull phase, but without conviction (SPY, QQQQ).
• Treasury long-term bonds turn bearish on the fast stochastic (TLT).
• Crude oil gets a bull signal from the parabolic sar, moves decisively above the 20-day moving average on an opening gap(USO).

Stocks and Rates

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY
QQQQ
VIX
TLT
JNK

Below, oil and gold, and global indicators.

9/30 Almanac

On Thursday, Sept. 30: GDP and jobless claims. Ka-Pow! A double whammy!!

There are 16 days before the October options expire, 51 the November and 79 the December.

On the jump, market stats, econ reports, and the trading calendar . . .

LVS Watch

The casino company Las Vegas Sands Corp. (LVS) is set to record a lower high and lower low today for the first time in five days. At the least, it's a pause in the rise that began in early July, and it could presage a pullback to the 20-day moving average (at $32.22) or even lower.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
LVS $34.51

ENDP Watch

Endo Pharmaceuticals Holdings Inc. (ENDP) is showing signs that, for the near term, the potential of a further rise has been used up. The stock gapped up by nearly 10% on Tuesday.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
ENDP $32.92

CMG Watch

Chipotle Mexican Grill Inc. (CMP) has been on the rise for at least year. It would be nice to hitch a ride, but when is good time to enter?

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
CMP $175.34

9/29 Forex

• No new signals on the currency pairs that I follow.
• Note that the yen has recovered almost all of the weakening produced by the Bank of Japan's intervention on Sept. 15.
  

	pps	pps open	upper pivot	lower pivot
EUR/USD US$1.36		US$1.35 sep13	US$1.31	US$1.24
USD/JPY¥84		¥85.08 sep22	¥86	¥83
GBP/USD US$1.58		US$1.54 sep8	US$1.58	US$1.51
EUR/JPY ¥114		¥112.22 sep14	¥108	¥103
USD/CAD C$1.03		C$1.03 sep24	C$1.09	C$1.03
USD/MXN M$12.47		M$13.07 sep2	M$13.50	M$12.72

9/29 Morningline

• Nasdaq 100 deepens bear phase with a parabolic sar signal (QQQQ).
• High-yield corporate debt negates fast stochastic bear signal; back in bull territory (JNK).
• Gold returns to bull phase on the fast stochastic (GLD).
• Dollar shows bear phase on the parabolic sar, macd in trading against the yen (USD/JPY).

Stocks and Rates

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY
QQQQ
VIX
TLT
JNK

Below, oil and gold, and global indicators.

9/29 Almanac

On Wednesday, Sept. 29: Petroleum inventories. Also, ho and hum.

There are 17 days before the October options expire, 52 the November and 80 the December.

On the jump, market stats, econ reports, and the trading calendar . . .

CMG Watch

Chipotle Mexican Grill Inc. (CMG) has moved back into bull phase after a quick bearish whipsaw, as it sails toward the earnings announcement on Oct. 21

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
CMG $175.86

ENDP Watch

A news surprise on Endo Pharmaceuticals Holdings Inc. (ENDP) prompted a 9.6% upward gap at the open. ENDP is one of my watchlist stocks (and also, one of my holdings -- hurray!).

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
ENDP $33.51

9/28 Forex

• No new signals on the currency pairs that I follow.

	pps	pps open	upper pivot	lower pivot
EUR/USD US$1.35		US$1.35 sep13	US$1.31	US$1.24
USD/JPY¥83.94		¥85.08 sep22	¥86.06	¥82.82
GBP/USD US$1.58		US$1.54 sep8	US$1.58	US$1.51
EUR/JPY ¥113.18		¥112.22 sep14	¥108.43	¥103.21
USD/CAD C$1.03		C$1.03 sep24	C$1.09	C$1.03
USD/MXN M$12.52		M$13.07 sep2	M$13.50	M$12.72

9/28 Morningline

• S&P 500, Nasdaq 100 move to bear phase on the fast stochastic (SPY, QQQQ).
• Fear index moves to bull phase on Person's Proprietary Signal, fast stochastic; pushes above the 20-day and 200-day moving averages (VIX).
• Treasury long-term bonds rise well above the 20-day moving average (TLT).
• Corporate high-yield debt returns to bear phase on the fast stochastic (JNK).
• Gold turns bearish on the fast stochastic (GLD).
• Dollar flipping between barely bullish and barely bearish on the macd in trading against the yen (USD/JPY).
• Emerging markets move to bear phase on the fast stochastic (EEM).

Stocks and Rates

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY
QQQQ
VIX
TLT
JNK

The more volatile indicators are turning bearish almost across the board when it comes to corporate profits (stocks, junk bonds). So naturally, Treasury bonds are showing renewed bullishness as safe havens.

Below, oil and gold, and global indicators.

9/28 Almanac

On Tuesday, Sept. 28: Home price index, consumer confidence.

There are 18 days before the October options expire, 53 the November and 81 the December.

On the jump, market stats, econ reports, and the trading calendar . . .

9/27 Forex

• No new signals on the forex pairs I follow.

	pps	pps open	upper pivot	lower pivot
EUR/USD US$1.35		US$1.35 sep13	US$1.31	US$1.24
USD/JPY¥84.28		¥85.08 sep22	¥86.06	¥82.82
GBP/USD US$1.58		US$1.54 sep8	US$1.58	US$1.51
EUR/JPY ¥113.42		¥112.22 sep14	¥108.43	¥103.21
USD/CAD C$1.03		C$1.03 sep24	C$1.09	C$1.03
USD/MXN M$12.52		M$13.07 sep2	M$13.50	M$12.72

9/27 Morningline

• Fear index rises to within 1% of 20-day moving average (VIX).
• Treasury long-term bonds negates bear phase on the fast stochastic; back in bull territory (TLT).
• High-yield corporate debt moves to bull phase on Person's Proprietary Signal, parabolic sar, fast stochastic (JNK).
• Crude oil in bull phase on Person's Proprietary Signal (USO).
• Dollar shows bear phase on the macd in trading against the yen, drops below the 20-day moving average (USD/JPY).

Stocks and Rates

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY
QQQQ
VIX
TLT
JNK

Below, oil and gold, and global indicators.

9/27 Almanac

On Monday, Sept. 27: Treasury bill announcement of no conceivable interest.

There are 19 days before the October options expire, 54 the November and 82 the December.

On the jump, market stats, econ reports, and the trading calendar . . .

USD/CAD Ghost Signal Update

In forex, the Person's Proprietary Signal bear phase that appeared this morning on the USD/CAD currency pair has wafted away on the autumn winds and is no more, five minutes before the close. The pair therefore remains in bull phase.

	pps	pps open	upper pivot	lower pivot
USD/CAD C$1.02		C$1.03 sep23	C$1.09	C$1.03

LVS Watch

Las Vegas Sands Corp. (LVS) has resumed it's upward course, setting a fresh swing high a day after Person's Proprietary Signal (pps) whipsawed back to bull phase.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
LVS $33.70

ENDP Watch

When last we left Endo Pharmaceutical Holdings Inc. (ENDP), it had whipsawed from bear to bull in a day, but with declines intraday on both days. Today, the price caught up with the signal.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
ENDP $30.57

SPY Watch

What a difference a day makes. The exchange-traded fund that tracks the S&P 500, SPY, has whipsawed back into bull phase on Person's Proprietary Signal (pps), one day after turning bearish.

SPY is a sidewinder. It hasn't gone anyplace since May. On Thursday I wrote, "[S]idewinders can make good plays. This one is more than 10% wide, so there's money to be made for traders who can call the turns."

Today's signal shows that calling the turns, for SPY or any other issue, is no easy matter.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY $114.37

9/24 Forex

• Greenback whipsaws against the Loonie, back in bear phase, but the signal is ghosting (USD/CAD).

	pps	pps open	upper pivot	lower pivot
EUR/USD US$1.35		US$1.27 sep13	US$1.31	US$1.24
USD/JPY¥84.25		¥85.08 sep22	¥86.06	¥82.82
GBP/USD US$1.58		US$1.54 sep8	US$1.58	US$1.51
EUR/JPY ¥113.46		¥112.22 sep14	¥108.43	¥103.21
USD/CAD C$1.02		C$1.03 sep24	C$1.09	C$1.03
USD/MXN M$12.53		M$13.07 sep2	M$13.50	M$12.72

9/24 Morningline

• S&P 500 whipsaws back into bull phase, one day after a bear phase on Person's Proprietary Signal (pps) (SPY).
• Fear index moves to bear phase on the fast stochastic; crosses below the 20-day and 200-day moving averages (VIX).
• Treasury long-term bonds turns bearish on the fast stochastic (TLT).
• Crude oil shows bull phase on the fast stochastic and macd; now trading on the 20-day moving average (USO).
• Euro crosses above the 200-day moving average in trading against the dollar (EUR/USD).

Stocks and Rates

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY
QQQQ
VIX
TLT
JNK

Below, oil and gold, and global indicators.

SPY Watch

The exchange traded fund that tracks the S&P 500, SPY, moved to bear phase in late trading on Person's Proprietary Signal (pps).

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY $112.50

9/24 Almanac

On Friday, Sept. 24: Durable goods, new home sales.

There are 22 days before the October options expire, 57 the November and 85 the December.

On the jump, market stats, econ reports, and the trading calendar . . .

Ghost Signals Update

A couple of vehicles showed Person's Proprietary Signal phase switches, but were ghosting -- fading in and out. Here's their status 5 minutes before the close.

USD/CAD: The signal is missing, so the currency pair remains in bear phase.

ENDP: The signal is in place, so the stock has whipsawed into bull phase.

AOD Watch

The former primo high-yield play Alpine Total Dynamic Dividend Fund (AOD) has moved to bear phase on Person's Proprietary Signal, as it falls back into somnolence after managers declined to raise the dividend. Oh, well. It has become a very relaxing stock.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
AOD $5.43

ENDP Watch

Endo Pharmaceutical Holdings (ENDP) has whipsawed back into bull phase after sending several bear signals in the last few days.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
ENDP $29.73

LO Watch

The tobacco company Lorillard Inc. (LO) has moved to bear phase on Person's Proprietary Signal and has dropped to within 1% of the 20-day moving average.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
LO $80.55

LVS Watch

Las Vegas Sands Corp. (LVS) has pushed to a new high this morning, eclipsing Wednesday's, and Person's Proprietary Signal (pps) has whipsawed back to bull phae. So all of my criteria for reentry have been met.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
LVS $33.37

Leading Economic Index

I have often spoken in praise of the leading economic index for having the chutzpah to unabashedly predict the course of the U.S. economy.

Amid the gloom these days, the LEI is consistent source of happy talk, as in today's release.

But how good is it at predicting the course of the economy? Critics say, Not so good.

The Conference Board, which runs the index, in February released its own study of how the LEI did during the recent recession, accompanied by a report on how another predictor, the less widely followed M2, performed.

The reports focus on how the LEI did in predicting the onset of the recession. We now know that it bottomed in June 2009, so the question going forward is how well did it predict the resumption of growth, and more important, how well will it predict the onset of a second dip, should it in fact occur.

Anyhow, good reading, and more fun than tarot cards and astrology.

9/23 Forex

• Dollar moves to bull phase against the Loonie, but it's ghosting (USD/CAD).

	pps	pps open	upper pivot	lower pivot
EUR/USD US$1.33		US$1.27 sep13	US$1.31	US$1.24
USD/JPY¥84.36		¥85.08 sep22	¥86.06	¥82.82
GBP/USD US$1.57		US$1.54 sep8	US$1.58	US$1.51
EUR/JPY ¥112.55		¥112.22 sep14	¥108.43	¥103.21
USD/CAD C$1.03		C$1.03 sep23	C$1.09	C$1.03
USD/MXN M$12.64		M$13.07 sep2	M$13.50	M$12.72

9/23 Morningline

• Blue chip stocks turn bearish on the fast stochastic (SPY).
• Fear index jumps above the 20-day, 200-day moving averages, shows bull phase on the fast stochastic, macd, parabolic sar and Person's Proprietary Signal. (VIX).
• High-yield corporate debt moves to bear phase on Person's Proprietary Signal and the parabolic sar (JNK).
  
• Crude oil moves to bear phase on the macd as the price drops below the 20-day moving average (USO).

Stocks and Rates

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY
QQQQ
VIX
TLT
JNK

Below, oil and gold, and global indicators.

9/23 Almanac

On Thursday, Sept. 23: Existing home sales, jobless claims, leading indicators.

There are 23 days before the October options expire, 58 the November and 86 the December.

On the jump, market stats, econ reports, and the trading calendar . . .

LVS Watch

The gambling giant Las Vegas Sands (LVS) is trading more than 4% above Tuesday's close on an analyst release raising the price target by $6 to $40. This comes a day after a major analytical signal moved the bear phase, showing that news trumps technical analysis every time.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
LVS $32.90

LO Watch

Cigarette maker Lorillard Inc. (LO) looks remarkably -- well, healthy -- both on its charts and its fundamentals, making it a candidate for growth with a decent dividend as a bonus.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
LO $82.05

9/22 Forex

• USD/JPY pair moves to bear phase.

	pps	pps open	upper pivot	lower pivot
EUR/USD US$1.34		US$1.27 sep13	US$1.31	US$1.24
USD/JPY¥84.50		¥85.08 sep22	¥86.06	¥82.82
GBP/USD US$1.57		US$1.54 sep8	US$1.58	US$1.51
EUR/JPY ¥113.46		¥112.22 sep14	¥108.43	¥103.21
USD/CAD C$1.02		C$1.07 sep1	C$1.09	C$1.03
USD/MXN M$12.66		M$13.07 sep2	M$13.50	M$12.72

9/22 Morningline

• Treasury long-term bonds move to bull phase on Person's Proprietary Signal (TLT).
• High-yield corporate debt turns bearish on the fast stochastic, but just barely (JNK).
• Stronger yen: Dollar moves to bear phase on fast stochatic, Person's Proprietary Signal (USD/JPY).

Stocks and Rates

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY
QQQQ
VIX
TLT
JNK

Below, oil and gold, and global indicators.

9/22 Almanac

On Wednesday, Sept. 22: Weekly petroleum inventories.

There are 24 days before the October options expire, 59 the November and 87 the December.

On the jump, market stats, econ reports, and the trading calendar . . .

AOD Watch

Well, OK. The eurozone debt crisis is contained. The recession hit its nadir last year. Everything is blossoming forth like spring wildflowers on a Swiss mountain field. So why is Alpine Total Dynamic Dividend Fund (AOD) sticking with the same unimpressive yield for October, November and December?

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
AOD $5.51

ENDP Watch

Endo Pharmaceuticals Holdings Inc. (ENDP) has moved back into bear phase on a drop that leaves it trading within range. ENDP completed its tender offer for another company.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
ENDP $28.97

9/21 Forex

• No new signals in Forex.
• Dollar weakens against the yen; Reuters credits today's Fed meeting.

	pps	pps open	upper pivot	lower pivot
EUR/USD US$1.31		US$1.27 sep13	US$1.31	US$1.24
USD/JPY¥85.32		¥83.04 sep15	¥86.06	¥82.82
GBP/USD US$1.56		US$1.54 sep8	US$1.58	US$1.51
EUR/JPY ¥112.00		¥112.22 sep14	¥108.43	¥103.21
USD/CAD C$1.03		C$1.07 sep1	C$1.09	C$1.03
USD/MXN M$12.76		M$13.07 sep2	M$13.50	M$12.72

9/21 Morningline

• Blue chip stocks push decisively above the 200-day moving average (SPY).

Stocks and Rates

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY
QQQQ
VIX
TLT
JNK

Below, oil and gold, and global indicators.

9/21 Almanac

On Tuesday, Sept. 21: Housing starts, Fed announcement

There are 25 days before the October options expire, 60 the November and 88 the December.

On the jump, market stats, econ reports, and the trading calendar . . .

9/20 Forex

• No new phase switches on Persons Proprietary Signal. All pairs are flatlining.

	pps	pps open	upper pivot	lower pivot
EUR/USD US$1.31		US$1.27 sep13	US$1.31	US$1.24
USD/JPY¥85.73		¥83.04 sep15	¥86.06	¥82.82
GBP/USD US$1.56		US$1.54 sep8	US$1.58	US$1.51
EUR/JPY ¥112.02		¥112.22 sep14	¥108.43	¥103.21
USD/CAD C$1.03		C$1.07 sep1	C$1.09	C$1.03
USD/MXN M$12.77		M$13.07 sep2	M$13.50	M$12.72

9/20 Morningline

• Blue chip stocks, emerging markets return to bull phase on the fast stochastic (SPY, EEM).
• Crude oil turns bullish on the fast stochastic (USO).

Stocks and Rates

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY
QQQQ
VIX
TLT
JNK

Below, oil and gold, and global indicators.

9/20 Almanac

On Monday, Sept. 20: Housing market index.

There are 26 days before the October options expire, 61 the November and 89 the December.

On the jump, market stats, econ reports, and the trading calendar . . .

9/17 Forex

• No new signals on the Forex pairs I follow.

	pps	pps open	upper pivot	lower pivot
EUR/USD US$1.31		US$1.27 sep13	US$1.31	US$1.24
USD/JPY¥85.72		¥83.04 sep15	¥86.06	¥82.82
GBP/USD US$1.57		US$1.54 sep8	US$1.58	US$1.51
EUR/JPY ¥111.97		¥112.22 sep14	¥108.43	¥103.21
USD/CAD C$1.03		C$1.07 sep1	C$1.09	C$1.03
USD/MXN M$12.79		M$13.07 sep2	M$13.50	M$12.72

9/17 Morningline

• Blue chip stocks move to fast stochastic bear phase (SPY).
• Treasury long-term bonds turn bullish on the fast stochastic (TLT).
• Crude oil bear phase on the parabolic sar (USO).
• Emerging markets turn bearish on the fast stochastic (EEM).

Stocks and Rates

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY
QQQQ
VIX
TLT
JNK

Below, oil and gold, and global indicators.

9/17 Almanac

On Friday, Sept. 17: Prices + Quadruple Witching. Scary stuff!

There is 1 day before the September options expire, 29 the October and 64 the November.

On the jump, market stats, econ reports, and the trading calendar . . .

9/16 Forex

• Dollar, euro to bull phase against the yen as Japan acts to devalue its currency.

	pps	pps open	upper pivot	lower pivot
EUR/USD US$1.29		US$1.27 sep13	US$1.31	US$1.24
USD/JPY¥83.17		¥83.04 sep15	¥86.06	¥82.82
GBP/USD US$1.55		US$1.54 sep8	US$1.58	US$1.51
EUR/JPY ¥107.17		¥112.22 sep14	¥108.43	¥103.21
USD/CAD C$1.03		C$1.07 sep1	C$1.09	C$1.03
USD/MXN M$12.86		M$13.07 sep2	M$13.50	M$12.72

9/16 Morningline

Today's list includes signals from Wednesday, when Private Trader did not publish.

• Fear index in bull phase on the fast stochastic (VIX).
• Treasury long-term bonds back in bear phase on the fast stochastic (TLT).
• Crude oil switches to bear phase on Person's Proprietary Signal, fast stochastic (USO).
• Euro moves decisively above the 20-day moving average in trading against the dollar (EUR/USD).
• Dollar shoots up against the yen on Bank of Japan intervention; bull phase on the fast stochastic, Person's Proprietary Signal, parabolic sar, macd, 20-day moving average (USD/JPY).

Stocks and Rates

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY
QQQQ
VIX
TLT
JNK

Below, oil and gold, and global indicators.

No Analysis Today

Private Trader will be off the Net today.

Tim

9/15 Almanac

On Wednesday, Sept. 15: Retail sales.

There are 3 days before the September options expire, 31 the October and 66 the November.

On the jump, market stats, econ reports, and the trading calendar . . .

9/14 Forex

• No fresh signals on the top currency pairs.

	pps	pps open	upper pivot	lower pivot
EUR/USD US$1.29		US$1.27 sep13	US$1.31	US$1.24
USD/JPY¥83.17		¥85.15 aug24	¥86.06	¥82.82
GBP/USD US$1.55		US$1.54 sep8	US$1.58	US$1.51
EUR/JPY ¥107.17		¥108.42 sep7	¥108.43	¥103.21
USD/CAD C$1.03		C$1.07 sep1	C$1.09	C$1.03
USD/MXN M$12.86		M$13.07 sep2	M$13.50	M$12.72

9/14 Morningline

• Treasury long-term bonds move to bull phase on the fast stochastic (TLT).
• High-yield corporate debt pushes decisively above the 20-day moving average (JNK).
• Gold turns bullish on Person's Proprietary Signal, macd, fast stochastic; pushes decisively above the 20-day moving average (GLD).
• Dollar to bear phase against the yen on the macd, fast stochastic; pushes decisivley below the 20-day moving average (USD/JPY).

Stocks and Rates

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY
QQQQ
VIX
TLT
JNK

Below, oil and gold, and global indicators.

9/14 Almanac

On Tuesday, Sept. 14: Retail sales.

There are 4 days before the September options expire, 32 the October and 67 the November.

On the jump, market stats, econ reports, and the trading calendar . . .

CMI Watch

Cummins Inc. (CMI) -- they make diesal and natural gas engines -- has moved bull phase on the fast stochastic with an upward gap today that has the stock trading 2.8% above Friday's close. Goldman has upgraded the stock to "conviction buy", which sounds like it has something to do with going to prison, but must have a happier meaning, given the price joy showing on the chart.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
CMI $84.33

HD Watch

Home Depot Inc. (HD) has crept back into bull phase on the fast stochastic but remains within its range of the last six trading days. This is may be turning bullish, but for the shorter-term trader, it's a weak bull, staggering through the pasture in search of a mouthful of rotten straw.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
HD $28.90

MO Watch

Tobacco company Altria Group Inc. (MO) has gapped down today after a 6.6% rise over seven trading days. The decline, 41¢ at this point, comes as the stock goes ex-dividend for a 38¢ quarterly payout.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
MO $23.42

ENDP Watch

Endo Pharmaceuticals Holdings Inc. (ENDP), a drug company specializing in pain control, is showng bull phase on the fast stochastic, suggesting that the stock might be ready to resume the rise that carried it up 50% beginning in May. On the chart, the price appears to be near to completing a pennant, a continuation pattern suggesting a rise of more than 3 points, or 10% from the present level.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
ENDP $28.72

9/13 Forex

• Euro moves to bull phase against the dollar (EUR/USD).
  

	pps	pps open	upper pivot	lower pivot
EUR/USD US$1.27		US$1.27 sep13	US$1.31	US$1.24
USD/JPY¥84.21		¥85.15 aug24	¥86.06	¥82.82
GBP/USD US$1.54		US$1.54 sep8	US$1.58	US$1.51
EUR/JPY ¥107.07		¥108.42 sep7	¥108.43	¥103.21
USD/CAD C$1.03		C$1.07 sep1	C$1.09	C$1.03
USD/MXN M$12.96		M$13.07 sep2	M$13.50	M$12.72

9/13 Morningline

• Corporate high-yield debt moves above 200-day moving average (JNK).
• Gold moves to neutrality on the 20-day moving average (GLD).
• Dollar Euro shows bull phase against the euro dollar on fast stochastic, Person's Proprietary Signal and the macd, bear phase on the parabolic sar (EUR/USD).

Stocks and Rates

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY
QQQQ
VIX
TLT
JNK

Below, oil and gold, and global indicators.

9/13 Almanac

On Monday, Sept. 13: Treasury budget.

There are 5 days before the September options expire, 33 the October and 68 the November.

On the jump, market stats, econ reports, and the trading calendar . . .

SWKS Watch

Industrial electronics company Skyworks Solutions Inc. (SWKS) plunged today without news, without warning and without a volume spike. It is trading more than 3.5% below Thursday's close.

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SWKS $18.22

9/10 Forex

• A slow end to a slow week: No phase changes.

	pps	pps open	upper pivot	lower pivot
EUR/USD US$1.27		US$1.29 sep7	US$1.31	US$1.24
USD/JPY¥84.21		¥85.15 aug24	¥86.06	¥82.82
GBP/USD US$1.54		US$1.54 sep8	US$1.58	US$1.51
EUR/JPY ¥107.07		¥108.42 sep7	¥108.43	¥103.21
USD/CAD C$1.03		C$1.07 sep1	C$1.09	C$1.03
USD/MXN M$12.96		M$13.07 sep2	M$13.50	M$12.72

9/10 Morningline

• Crude oil -- whipsawing madly -- back to bull phase on the fast stochastic (USO).
• Gold to bear phase on Person's Proprietary Signal (pps) (GLD).
• Euro turns bearish against the dollar on the parabolic sar (EUR/USD).
• Dollar moves to bull phase against the yen on the fast stochastic (USD/JPY).
• Indicator bars revised to show prices with 1% either side of the moving averages as yellow, or neutral.

Stocks and Rates

	trend	sto	sto zone	pps	psar	macd	macd trend	ma20	ma200
SPY
QQQQ
VIX
TLT
JNK

Below, oil and gold, and global indicators.