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 stocks. Show all posts
Showing posts with label stocks. Show all posts
Monday, November 16, 2009
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.
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.
11/11 Morningline
I'm predicting a slow, trade-free day on this Veterans Day. But let's run the lists....
In the broad markets, SPY, tracking the blue chips, remains in bull mode, as does GLD for gold and TLT for long bonds. All are confirmed by the money flow index (mfi).
In the currencies, the Euro remains bull mode, confirmed by the relative strength index, against the dollar (EUR/USD), and the dollar remains in bear mode against the yen, but unconfirmed by the rsi, which has turned up this morning.
Our four current holdings -- AMD, GE, HD and IWM -- remain in bull mode confirmed by the mfi.
In the broad markets, SPY, tracking the blue chips, remains in bull mode, as does GLD for gold and TLT for long bonds. All are confirmed by the money flow index (mfi).
In the currencies, the Euro remains bull mode, confirmed by the relative strength index, against the dollar (EUR/USD), and the dollar remains in bear mode against the yen, but unconfirmed by the rsi, which has turned up this morning.
Our four current holdings -- AMD, GE, HD and IWM -- remain in bull mode confirmed by the mfi.
Tuesday, November 10, 2009
11/10 Morningline
In early going, the large caps (SPY) continue in bull mode; the price is pausing after Monday's upward move.
Also in bull mode, with the momentum indicators turning contrary: GLD, EUR/USD.
Long bonds (TLT) continue in bear mode, as does the USD/JPY currency pair. In the case of bonds, the money flow index has begun to move contrarywise, along with a rising price.
Among my holdings, still in bull mode: AMD, GE (contrary mfi), HD, IWM (with a contrary mfi), CSCO and NVDA (whose mfi is now back in a bullish direction).
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