Category: NYMO

NYSE McClellan Oscillator ($SPY)

The best market news I’ve seen is the positive move in the NYSE McClellan Oscillator. This is a very handy short term indicator, and it is saying we have more bounce on the way. It remains below the zero mark so I’m not in a rush to get invested, but I’m getting less cautious about…

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June 24, 2009 June 24, 2009 By charlie In , , , , , , Comments Off on NYSE McClellan Oscillator ($SPY)

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….

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May 24, 2009 May 24, 2009 By charlie In , , , , , , , , Comments Off on S&P 500 Bullidex ($ES_F $SPY $SPX)