11/13 Morningline

Among my holdings, RF once again briefly showed a pps bear signal. I'll be watching this issue closely today. The price action is consistent with either a bottom, or a pause in the downward trajectory. The mfi is bullish on the third day since exiting oversold territory.

The rule on the pps signal is to wait until the bar showing a signal is complete, or nearly so, before acting.

Indicators:

SPY for the blue chips and GLD for gold remain in bull mode (albeit with soft prices).

The VIX remains in bear mode (which is misleading -- a bearish VIX means less fear and so is bullish for the markets. Go figure!).

TLT for the Treasury long bonds remains in bear mode (price down, rates up), although the mfi has turned contrary, that is, upward.

Turning to the currencies, the dollar is strengthening. EUR/USD remains in bear mode, and USD/JPY bull mode.

11/12 Indicators

SPY continues to show bullish on the signals, but the price is diving, much as IWM did.

GLD remains in bull mode, but with a price drop.

The long Treasury bonds continue to show bear mode.

In the currencies...

• EUR/USD is showing a strong price decline with a bear signal confirmed by the RSI.
• USD/JPY shows a bull signal, confirmed by the RSI, amid a price rise.
  

11/11 Watchlist

A paucity of signals as we approach showtime on this Veterans Day holiday.

Our holdings -- AMD, GE, HD and IWM -- remain on track with no new signals.

UNG and PALM show bullish reversals of the mfi from oversold territory, but no entry signal. Good to keep on eye on.

Among the broader indicators, TLT (Treasury long bonds) shows a bull signal, but the reversal doesn't come from oversold territory, so it's no entry by my rules. Otherwise, no new signals for SPY, GLD, EUR/USD and USD/JPY.