Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
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Right now the VIX daily chart the 2.0 standard deviation 20 SMA lower Bollinger band is crossing to the upside of the 50 SMA. This has not happened since fall of 2008. Both charts exhibit similar convergence of the moving averages before the big spike...
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Monday Morning Outlook: On the Edge of a Technical Cliff
Psychologically critical technical levels are still up for grabs
by Todd Salamone 6/18/2011 12:45 PM
It was a rather hollow victory on Wall Street Friday, as the Dow limped to its first (barely)...
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June 9, 2011
Today the S&P 500 snapped its six-day losing streak with a 0.74% gain. The correction is now 5.47% below the interim high of April 29. The index is 90.5% above the March 2009 closing low but 17.6% below the nominal all-time high of Oc...
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June 8, 2011
The S&P 500 closed the day down 0.42%, the sixth consecutive finish in the red. According to my quick visual scan, this is the first string of six losses since before the market bottom in March 2009. The correction is now 6.16% below ...
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June 6, 2011
The S&P 500 opened the week with a dramatic loss of 1.08%, which takes the correction to 5.68% below the interim high of April 29. The index is 92.2% above the March 2009 closing low but 16.9% below the nominal all-time high of Octobe...
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June 3, 2011
Note from dshort: I've updated my Treasury yield charts through Friday's close. The 10-year note yield, now at 2.99%, remains below both its 50- and 200-day moving averages at levels last seen in early December. As the first chart ill...
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June 2, 2011
The S&P 500 closed the day down a fractional 0.12% after recovering from a mid-day slump of 0.68%. The index is 94.1% above the March 2009 closing low but 16.1% below the nominal all-time high of October 2007. Below are two charts of ...
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May 31, 2011 Valid until the market close on May 31, 2011
The S&P 500 closed the month of May 1.35% below the April close. However, all three S&P 500 monthly moving averages we've been tracking are signaling an equities position. See the specifi...
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May 31, 2011
The S&P 500 closed up 1.06% for the day but down 1.35% for the month. The index is 98.8% above the March 2009 closing low but 14.1% below the nominal all-time high of October 2007. Below are two charts of the index — with and wi...
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May 31, 2011
http://dshort.com/charts/timing/monthly-timing-signals-preview-tn.gif Here is a preview of the monthly moving averages before the market opens on the last business day of the month. All three S&P 500 monthly moving averages are giving ...
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May 27, 2011
The S&P 500 closed up 0.41% for the day, down 0.16% for the week, but just above the 50-day moving average. The index is 96.8% above the March 2009 closing low but 15.0% below the nominal all-time high of October 2007. Below are two c...
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May 25, 2011
The S&P 500 closed the day with a modest gain of 0.32%, which puts it 3.16% off the interim high of April 29th, but it's up exactly 5.0% for the year. The index is 95.2% above the March 2009 closing low but 15.6% below the nominal all...
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May 23, 2011
The S&P 500 closed the day down 1.19%, which takes it below the 50-day moving average. The index is 94.7% above the March 9 2009 closing low but 15.8% below the nominal all-time high of October 2007. Below are two charts of the index ...
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May 23, 2011
The S&P 500 closed the day down 1.19%, which takes it below the 50-day moving average. The index is 94.7% above the March 9 2009 closing low but 15.8% below the nominal all-time high of October 2007. Below are two charts of the index ...
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May 20, 2011
The S&P 500 closed the day down 0.77% and the week down 0.34%. The index is 97.1% above the March 9 2009 closing low but 14.8% below the nominal all-time high of October 2007. Here are two charts of the index — with and without th...
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May 19, 2011
The S&P 500 closed the day up 0.22%, trimming the month-to-date decline to 1.47%. The index is 98.6% above the March 9 2009 closing low but 14.2% below the nominal all-time high of October 2007. Here are two charts of the index — ...
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May 18, 2011
The S&P 500 closed the day up 0.88%, trimming the month-to-date decline to 1.68%. The index is 98.2% above the March 9 2009 closing low but 14.3% below the nominal all-time high of October 2007. Here are two charts of the index — ...
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May 16, 2011
The S&P 500 closed the day down 0.62%. Of the eleven market days so far in May, there have been seven closing losses for a month-to-date decline of 2.5%. The index is 96.5% above the March 9 2009 closing low but 15.1% below the nominal ...
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May 13, 2011
The S&P 500 closed the day down 0.81% but the week down only 0.18%. The index is 97.7% above the March 9 2009 closing low but 14.5% below the nominal all-time high of October 2007. Here are two charts of the index — with and witho...
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May 11, 2011
The S&P 500 closed the day down 1.11% but remains fractionally positive for the week (up 0.14%). The index is 98.4% above the March 9 2009 closing low but 14.3% below the nominal all-time high of October 2007. Here are two charts of the...
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May 10, 2011
The S&P 500 closed the day up 0.81% on a bit better volume than yesterday, but still about 20% below the 50-day volume moving average (Monday's volume was 36% below the 50-MA). The index is 100.6% above the March 9 2009 closing low but ...
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May 9, 2011
The S&P 500 closed the day up 0.45% on (if my Stockcharts.com data is correct) the lowest volume of the year. The index is 99.0% above the March 9 2009 closing low but 14.0% below the nominal all-time high of October 2007. Here are two c...
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May 9, 2011
My Friday update on the Philly Fed ADS Business Conditions Index triggered an interesting email from Jim in Santa Fe.
The use of linear regression suggests a long term decline in GDP, ADS, etc. However, as a linear regression it doe...
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May 9, 2011
My Friday update on the Philly Fed ADS Business Conditions Index triggered an interesting email from Jim in Santa Fe.
The use of linear regression suggests a long term decline in GDP, ADS, etc. However, as a linear regression it doe...
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May 6, 2011
After a morning rally, the S&P 500 closed the day up 0.38%, but the week down 1.72%. Interestingly enough, the index soared at the open and by late morning had risen to a gain of 1.44%. The monthly employment report was no doubt a key dr...
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May 5, 2011
After a morning rally, the S&P 500 closed the day down 0.91%, which is 2.09% below the interim high of April 29. The index is 97.3% above the March 9 2009 closing low and 14.7% below the nominal all-time high of October 2007. Here are tw...
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May 4, 2011
After a morning rally, the S&P 500 closed the day down 0.69%. The index is 99.2% above the March 9 2009 closing low and 13.9% below the nominal all-time high of October 2007. Here are two charts of the index — with and without the ...
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May 3, 2011
After a morning rally, the S&P 500 closed the day down 0.34% despite a textbook 3 PM rally. The index is 100.5% above the March 9 2009 closing low and 13.3% below the nominal all-time high of October 2007. Here are two charts of the inde...
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May 2, 2011
After a morning rally, the S&P 500 closed the day down 0.18% on below-average volume. The index is 101.6% above the March 9 2009 closing low. It is 13.0% below the nominal all-time high of October 2007. Here are two charts of the index &...
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