Category: WTIC

Internal Investigation

A few ratios to discern the state of the market. My NASDAQ indicator printed a new X today despite today’s fall. Lower volatility is bullish. The BXM:SPX ratio is banging against the 10sma again, hopefully it will act as resistance and the spread will turn around (bullish). The continuing fall in Treasury yields is quite…

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December 19, 2008 December 19, 2008 By charlie In , , , , , , , , Comments Off on Internal Investigation

Market Movements

With the dollar going down faster than my H.S. prom date, let’s see where we stand. The emerging markets like Brazil and India are breaking downtrends and upper bollingers. LQD continues to rip north on large volume, but I’m getting out for larger returns in precious metals. While there are many gold miners, few are…

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December 17, 2008 December 17, 2008 By charlie In , , , , Comments Off on Market Movements