In our holdings, GE and RF continue in bull mode, with GE's price stalling.
Indicators:
SPY, for blue chips, and GLD, for gold, remain in bull mode, both capping up this morning. The VIX remains in bear mode (which is bullish for stocks).
TLT, for bonds, is in bear mode (prices down, rates up), and the mfi has reversed so it now matches the pps again.
Currencies: EUR/USD in bear mode, USD/JPY in bull mode, with prices stalling on each.
Showing posts with label bonds. Show all posts
Showing posts with label bonds. Show all posts
Monday, November 16, 2009
Friday, November 13, 2009
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.
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.
Thursday, November 12, 2009
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...
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.
11/12 Morningline
Ah, the dawn of a new day (or on the West Coast, the dismal darkness before the dawn).
Among our holdings...
Among our holdings...
- GE and IWM show price stalls but no exit signals, with the mfi still rising
- AMD and HD remain in bull mode
- USD/JPY shows a bull signal, although the mfi is not bouncing out of oversold territory. So, by my rules, no entry.
- SPY, QQQQ, GLD and the EUR/USD currency pair remain in bull mode.
- TLT and the VIX remain in bear mode.
Wednesday, November 11, 2009
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.
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.
Subscribe to:
Posts (Atom)