SPXHILO:VIX rose 24% to close at 193, the highest measure since September 2008. This signifies the percentage of stocks making new highs is increasing relative to volatility, a change that promotes the likelihood of successful investment. So long as the uptrend remains intact, I will continue buying stocks and the weakness in Treasuries continues to…

S&P 500 Bullidex ($ES_F $SPY $SPX)

This post is graphic heavy but the message is clear, increased shorting and liquidity are the modi operandi. Until these charts begin to print X’s, the S&P 500 is not a safe investment. Volatility is increasing relative to the number of strong performing stocks, reducing the odds of successful investment as market breadth wanes unfavorably….

S&P500 10 Day MA Record High Percent Index:Volatility Index $SPXHILO:$VIX ($ES_F $SPY $SPX)

The SPXHILO fell relative to the VIX, indicating fewer stocks are trading at record highs as volatility rises. As the number of stocks making highs wanes, the odds of profitable investment decrease. I’m still selling leveraged ETF’s like FAS/FAZ BGU/BGZ TNA/TZA, but I’ve been taking my long positions off the table.

The S&P 500 Trend

To be wealthy in life, you gotta recognize iced dice. Today’s odds are dangerous, don’t catch a falling knife. This is a composite of two derivatives, the Record High Percent (SPXHILO) and Volatility (VIX) Indexes. Together, they describe a market probability, the percentage of stocks at new highs/volatility (SPXHILO:VIX). Making money is easier when stocks…

Market Glance

The 5 least correlated positive return ETFs show numerous markets cracking critical support and making new lows. S&P 500 indicators are bearish across the board. The market remains fahklempt, buyers beware.  The only positive things I see are emerging markets holding above the November lows, and Treasuries failing to make new highs, despite ominous news…

Weekend Review

Not much has changed, even with Friday’s +6% close. Even fewer stocks breaking to new highs. Optimistically, a couple stocks are climbing above the 50dma. Gold showed good strength, and GDX was up 26%. But gold is approaching resistance, so stay cautious. The market is still terribly weak. Gold miners may offer some upside potential,…

The Weekend S&P500 P&F

The S&P500 looks terrible… Really terrible… Invest with caution… Until some X’s get printed on these charts, it’s time to be short short short.