October 2009 Blog Posts (41)

VIX monthly - Note the 'just completed' candlestick for October, and the indicators....

Added by Mark Lytle on October 31, 2009 at 4:14pm — 1 Comment

Gold technical indicators

Short term indicators for gold remain negative:

http://www.technicalindicators.com/goldshortterm.htm

Added by BullBearGirl on October 31, 2009 at 3:38am — 4 Comments

Market Technical Analysis & Setups - Market Reverses On Heavy Volume As CIT Bankruptcy Looms!

InTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype. InTheMoneyStocks.com looks at major support and resistance levels… Continue

Added by Bryan Leighton on October 30, 2009 at 1:51pm — No Comments

Microtrendlines update...end of day...

The $NDX ended up falling very hard today, and both it and the $SPX are at the trendlines now. Combine exponential trendline analysis with sentiment, and you have a high probability of a short term rally...

The sentiment chart is from :

http://www.sentimentrader.com/…

Continue

Added by Mark Lytle on October 29, 2009 at 12:01am — No Comments

Bill Gross - The stock market rally is at its pinnacle

He also said somewhere (but I can't find it now) that he does worry about his US Treasury holdings.

http://www.theglobeandmail.com/blogs/markets/bill-gross-rally-at-pinnacle/article1340591/

Added by BullBearGirl on October 28, 2009 at 5:28pm — No Comments

$SPX and $NDX Exponential Microtrendlines...continued...

We are now approaching some intermediate scale trendlines, which I have highlighted. Today's low (so far) on the $SPX is almost on one now. Tomorrow or Friday could see a bounce as some indicators are getting oversold. The nature of any bounce that materializes will tell a great deal about the real condition of the market.…

Continue

Added by Mark Lytle on October 28, 2009 at 2:02pm — No Comments

Gold & Silver - Does the Commitment of Traders Report really tell us anything?

Does the Commitment of Traders Report really tell us anything?

http://www.kitco.com/ind/hamilton/oct092009.html

Added by BullBearGirl on October 27, 2009 at 4:58pm — No Comments

$SPX micro trendlines generated from the seed points at 10/11/07, 3/17/08,and 3/9/09...

You can see the trendlines in this system, that I've highlighted, that have to fail for the bear to fully come back...
The Macro view will be seen later, assuming the decline continues, as on that scale this current change is barely visible...

Added by Mark Lytle on October 26, 2009 at 11:51pm — 3 Comments

The BullBear Market Report Special Report

Today's intraday reversal in the equities markets follows a pattern that has been established of late of selling into rallies. Key support levels have been broken to the downside and without a late day recovery a close below those levels will likely usher in a significant pullback.

The dollar has also broken out of its descending wedge pattern. I was observing that the dollar was not selling off on the significant early strength in equities and was instead starting to push higher. I… Continue

Added by Steven Vincent on October 26, 2009 at 1:32pm — No Comments

TBT is rising indicating a sell off in 20 year US Treasuries.

Added by BullBearGirl on October 26, 2009 at 1:11pm — 6 Comments

Weekend Technical Analysis & Setups - Master Levels + Key Divergences Keeping Market In Check

Added by Bryan Leighton on October 24, 2009 at 9:03pm — No Comments

Gold & Silver - Commitment of Traders Report

Commercial hedgers (the smart money) have been increasing their short positions on gold and silver. This has been going on for at least a few weeks and continues:

Gold:
http://www.321gold.com/cot_gold.html

Silver:
http://www.321gold.com/cot_silver.html

Added by BullBearGirl on October 23, 2009 at 5:43pm — No Comments

Russell Napier on the market outlook

This is a very interesting read:

http://ftalphaville.ft.com/blog/2009/05/07/55617/napier-higher-yields-do-not-mean-normalisation/

Added by BullBearGirl on October 22, 2009 at 11:15pm — No Comments

A possible market indicator

Maybe there is truth to what this person says. Note that the article is about a month old:

http://www.dailywealth.com/archive/2009/sep/2009_sep_21.asp

Added by BullBearGirl on October 22, 2009 at 9:43pm — 2 Comments

Market Technical Analysis & Setups - After Master Level Is Nailed For Selloff, Markets Pause...

Added by Bryan Leighton on October 22, 2009 at 2:05pm — No Comments

Rally Breadth Narrowing

The RUT:INDU Ratio chart shows that internal breadth has narrowed dramatically in the last two weeks of earnings season. The rally is being supported by a few big cap names (represented by the 30 DOW stocks in INDU) while interest in the broad market (represented by the 2000 stocks in the Russell 2000 Small Cap Index) has declined sharply. This is a dramatic contrast with earlier stages of the rally. Caution is warranted.…

Continue

Added by Steven Vincent on October 22, 2009 at 12:30pm — 1 Comment

Uh Oh! Resistance ahead

DJI Daily 22 Oct09.JPG SPX Daily 22 Oct09.JPG

Added by pm on October 22, 2009 at 8:26am — No Comments

BBTS Trade Updates

Here's a favorite market aphorism that helps me stay on the right side of the market:

"When a market doesn't do what it's supposed to do when it's supposed to do it then it may be about to do the exact opposite in a big way"

Well, the action in the market over the last two weeks of earnings season fits the above description. Today's intraday reversal was a big yellow flag. I am not calling "the top" or suggesting that we get short but I am putting out the caution… Continue

Added by Steven Vincent on October 21, 2009 at 11:50pm — No Comments

Macro nodes and trendline for $SPX, using 10/10/02, 3/5/04, and 10/11/07 as seed dates.

Note that using these particular dates the March 2009 bottom was at a .500 node (the values on the 'X' axis) and the current date is also near a different .500 node (there are three of them for a given set of seed dates).…

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Added by Mark Lytle on October 21, 2009 at 5:12pm — 4 Comments

Oil and Copper rising per Steven Vincent's projections!

Great calls on Oil and Copper, Steven. They are both going up nicely.

Here's some news on copper:

http://www.bloomberg.com/apps/news?pid=20601116&sid=aqB0uSBjCMdY

Added by BullBearGirl on October 21, 2009 at 1:10pm — 2 Comments