$GLD http://chart.ly/giyyomf Will this bounce to the 50DMA overhead find sellers?
$TLT http://chart.ly/snrvefc RMI indicator yellow. Downtrend slows on approach/text of APR 2010 low.
$ARBA http://chart.ly/cufebh6 Blast from the past. Near vertical ascent; check stops & position size.
$FTO http://chart.ly/nrlk3v2 RMI indicator shows outperformance since NOV 2010. Near vertical ascent. Check stops/position size.
$VRX http://chart.ly/j2hvdus RMI indicator shows outperformance vs $SPX since DEC 2010.
$MTW http://chart.ly/ml29n92 Near vertical ascent. Check stops & position size.
$NTAP http://chart.ly/8ld5835 IBD stock of the day churning on a test of top. Traders probably watching for breakout.
$WNR http://chart.ly/jgfo25g Near vertical ascent. Time to check stops & position size.
$JDSU http://chart.ly/f2bkdi2 @StockTwits50 pick RMI indicator green since DEC 2010. Spike up after earnings. Hot stock/hot sector
$FNSR http://chart.ly/cpcwcw6 @StockTwits50 pick RMI indicator shows outperformance from DEC.Analyst upgrade http://bit.ly/eGzjrZ
Suggested stops and position sizing for this week’s StockTwits 50 are listed below. Many of these stocks trade low volume and may be volatile. For more on how to use this worksheet, please refer to Seven Steps to Better Stock Trading.
While investors can apply various fundamental and technical research techniques, the most objective way to evaluate performance of individual sectors is to compare them relative to each other. For example, rebasing all nine Select Sector SPDRs against the benchmark S&P 500 Index provides us with information that can be used to anticipate future rotation.
Tweet Earlier this week, Bloomberg reported Bill Miller Back on Top as ‘Great Rotation’ Lifts Stock Losers, to which Barry Ritholtz retorted, Bill Miller “Back on Top”? Not Exactly . . . We applied Truth Serum to the numbers going back to 1994 and calculated that Miller’s Legg Mason Capital Management Value Trust (LMVTX) lagged
Tweet When Todd Harrison asked When Will The Comeuppance Arrive? a couple of weeks ago, he mentioned, “the head and shoulders (which “works” to Gold $1275).” To us, the pattern — especially with the RMI indicator flashing red for underperformance against the S&P 500 Index — was more of subtle: To many, the art of
Tweet This is the video of the day.
Tweet The InvivoAnalytics.com Market Turbulence Index (MTI) detects and measures the magnitude and frequency of volatility clusters in the S&P 500 Index. The last spike above 2.796 was on September 1, 2010 and corresponded with a reversal to the upside for the S&P 500 Index. We can see that the dot put in by last
Suggested stops and position sizing for this week’s StockTwits 50 have been updated for Tuesday. Many of these stocks trade low volume, so they could be volatile. For more on how to use this worksheet, please refer to Seven Steps to Better Stock Trading.
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