Posts filed under “Technical Analysis”

Japan versus Gold?

Charts like this make me want to Sell Japan and Buy Gold — at least for a quarter or so.

 

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scoreboard
Source: Josh Brown

Category: Contrary Indicators, Technical Analysis, Trading

Wall Street (Still) Lukewarm on Equities

Click to enlarge     Merrill Lynch continues to point out that the Street remains unenthusiastic about stocks: Sentiment ticks up to highest in 13mos, but still far from bullish The Sell Side Indicator — our measure of Wall Street’s bullishness on stocks — ticked up just slightly in June to 49.8 from 49.6. The…Read More

Category: Sentiment, Technical Analysis

Is Gold Overdue for a Bounce?

Back in my days as a trader, I would peruse the lists of 52 week lows looking for reversal candidates. The key was finding an intelligent entry that had a very tight stop, so it presented a good risk reward. I am happy to risk one dollar to make three. Slowly build the position over…Read More

Category: Currency, Gold & Precious Metals, Technical Analysis, Trading

50 Year Chart: Stocks, Bonds & Gold

Click to enlarge   Yesterday, in response to our post on how wrong the public was back in this 2011 Gallup poll, the following suggestion was made: Which asset performed best is dependent on your definition of “long term”. 2011-2013 is at best medium term. Long term to most people means decades, 20 years or…Read More

Category: Fixed Income/Interest Rates, Gold & Precious Metals, Investing, Technical Analysis

Equity Market Review for June 18th 2013

Click to enlarge Major U.S. indices such as the S&P 500 and the NASDAQ Composite have both recently stabilized and bounced for the second time off their respective 50 day moving averages.  Though historically June tends to be a negative month for stocks, with only 9 trading days left in the quarter we wonder aloud…Read More

Category: Technical Analysis, Think Tank

Equity Market Review for June 13 2013

Category: Technical Analysis, Think Tank

Major Asset Classes: 1850 – Present

Click to enlarge   I do not ever recall seeing all these in one place in one chart: S&P 500, DJIA, Gold, Silver, West Texas Intermediate, Total Debt as a % of GDP and the US 10yr to 1850. Many of these are at or close to all time highs. (Note the exception is the…Read More

Category: Cycles, Data Analysis, Technical Analysis

S&P500 Index to Profits at all U.S. companies

Click to enlarge     I have to admit: I have never seen this ratio before. Standard & Poor’s 500 Index to profits at all U.S. companies. Its a price to earnings ratio of the main US stock market against ALL US earnings. According to this little used, odd ratio, Stocks are much cheaper after…Read More

Category: Earnings, Technical Analysis, Valuation

Saut: Hindenburg Omen Is Just Hot Air

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Video

Source: Yahoo

Category: Technical Analysis, Video

Question: What Is Driving Hindenburg Omen Internals?

Source: Stockcharts     Definition: Hindenburg Omen is triggered when: (1) more than 2.2% of stocks on the NYSE are at 52-week highs AND more than 2.2% are at 52-week lows, (2) the 50-day moving average is trending higher, (3) the McClellan Oscillator is negative, and (4) new 52-week highs don’t exceed new lows by…Read More

Category: Markets, Sentiment, Technical Analysis