The 30 day moving average of US house sales showed prices and volume continuing to rise in the week ended June 14 in data reported by Dataquick. There were 198,090 sales recorded for the period, versus 194,965 for the period ended June 7, which was 8.2% higher than the year ago period. Median sale prices…
Tag Archive for Moving Averages
Professional Edition, Technical Trader
Is Market Correcting Without Correcting Or Quietly Weakening Before It Collapses?
by Lee Adler • • 0 Comments
As long as the market remains above intermediate trendlines and moving averages, I have to give less weight to cycle indicators which have given false sell signals time and again. I guess this is just another way of saying, “The trend is your friend.” As long as that’s the case, I must give credence to…
Charts, Economics, Email Bulletins Archive, Lee's Free Thinking
First Time Claims Data a Renoir
by Lee Adler • • 0 Comments
Every week the US Department of Labor and Birth/Death Adjustments dutifully reports two sets of numbers on first time and continuing unemployment claims. One set is the actual number of people filing claims as tabulated by the 50 states. The other is a fictionalized number which purports to smooth out the seasonal variances so that…
Bears Chat, Best of the Forums
VIX oddities
by Bears Chat at The Wall Street Examiner • • 0 Comments
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…
Bears Chat, Best of the Forums
Schaeffers Monday Morning Outlook:
by Bears Chat at The Wall Street Examiner • • 0 Comments
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)…
Bears Chat, Best of the Forums
The S&P 500: The Seventh-Day Advance
by Bears Chat at The Wall Street Examiner • • 0 Comments
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…
Bears Chat, Best of Capitalstool.com, Best of the Forums
The S&P 500: Six Consecutive Down Days
by Bears Chat at The Wall Street Examiner • • 0 Comments
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 …
Latest Business Headlines
The S&P 500: Gloomy Monday, Down 1.08%
by dshort.com - Financial Life Cycle Planning • • 0 Comments
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…
Latest Business Headlines
A Look at Treasury Yields Before the Market Opens
by dshort.com - Financial Life Cycle Planning • • 0 Comments
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…
Latest Business Headlines
The S&P 500: Fractionally Lower
by dshort.com - Financial Life Cycle Planning • • 0 Comments
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 …
