This week’s look at the 5 least correlated liquid ETFs. After a hefty rally, commodities have resumed their fall, and DBC remains in a massive downtrend. Heed the words of famed economist and failed trader John Keynes, “the market can stay irrational longer than you can stay solvent.” Momentum in emerging market’s waning, and the…
Look out below!!! This market is heavy, so stay defensive or short. Feed Burner/Google Reader doesn’t seem to be picking up my last post, so I’m hoping this one helps.
There is evidence of new trends emerging in the market. US bonds look ready to head lower relative to their foreign counterparts. Will another cycle of credit shock prevent this trend? Although the SPX indicator remains bullish, the NASDAQ is now bearish for the first time since the end of November. This implies an environment…
My computer chord is broken, so I won’t be blogging/tweeting over the next few days.
A Twitter cloud via Wordle Lol currently browsing TBT.
A few things to watch in the coming week. Despite today’s pullback, my primary indicator remains bullish, so I’m buying the dip. The SPX buy write is lagging the underlying index, so the bulls are looking good for now. The spread between equities and bonds looks ready for a breakout, potentially to the upper Bollinger….
Here are the tickers making noise on StockTwits CTDC is showing a basing pattern, and a high volume Bollinger break in an uptrend. This looks like something worth buying on dips, but it is currently over extended. The SPY is showing encouraging stability and remains in an uptrend. If the shit hits the fan, SRS…
A weekly look at the five most liquid but least correlated ETF’s (excluding inverse’s). Last week’s call made here is playing out rather well. DBC is in a great rally from it’s lows, and has a volume pattern that often appears during bottoms. EEM has bounced nicely, and looks poised to breakout. Expect bulls to…
My premier post of 2009, and it’s a little nerve wracking, sorta like blogging for the first time. What do you want to know? My market opinion’s are the same as a few days ago, so that isn’t interesting. For the record, I’m holding IWN, IYR, EEM, DBC and TBT, but that doesn’t really matter….
Hooray, an up day! Here are some things to consider. My bullish SPX indicator lives to see another day, perhaps it’ll make a new X by the week’s end. FINALLY, the BXM/SPX spread is heading lower, and that is a sign of more aggressive risk taking which is good for equities. Due to the overbought…