Edging in on DV Indicator Differentials
on Nov 20, 2009 in study ETF Rewind CSS Analytics As a congratulatory hat tip to David Varadi on the launch of his new DV Indicators website, this post investigates potential trading edges gained by combining observations of the absolute value of David’s bounded DV indicator (see MarketSci spreads...

11.20.09 - Downside Follow Through
on Nov 20, 2009Well, it has been a while since we have seen any downside follow through and here we have it. Nevertheless, the SPX has been able to hold the overnight lows just above 1,080 and price has been moving mostly sideways since mid-morning. Cumulative Tick...

11.19.09 - Comeuppance vs. SPX 1,090 Support
on Nov 19, 2009The S&P finally hit an air pocket after days of lateral move and mixed technical indications.  Normally I'd expect this reaction to take us back to 1,080, but for now we are finding good support at the round SPX 1,090 level, and we'll just h...

11.18.09 - Second Day of Consolidation?
on Nov 18, 2009Internals are running sideways with price on slightly negative sentiment.  It's possible consolidation here as short-term overbought readings cool off through time.  By the same token, we are seeing fewer new highs and the intermediate-MACD...

11.17.09 - Inverse Dollar Trade Persists
on Nov 17, 2009At the mid-day we have seen mild selling pressure at best after yesterday's breakout move, though perhaps today is the bigger tell. While 1,120 would appear just around the corner, I still see signs that the end of this cycle is near. I am hopeful...

11.16.09 - Second Stage Launch
on Nov 16, 2009Horrid internet issues after a series of windstorms have me out-of-pocket once more and holed up in an internet cafe.  The morning economic reports provided enough bullish confirmation for another big push higher even though last week's action h...

ETF Rewind - Week 46 (11/13/09)
on Nov 15, 2009 in UUP SPY Weekly ETF Rewind XLE IYR (Click Image to Enlarge/ Glossary)After a bumpy ride, the S&P500 (SPY) finished its second week in a row higher, up +2.3%.  This seemed paltry against the Real Estate (IYR) sector's +6.2% gain on hints of extended low costs of borrowing, whi...

11.13.09 - Lucky 13
on Nov 13, 2009The reasserted crush in the Dollar has allowed the SPY to bounce nicely off it's five-day moving average, and the other indices are following suit. I'm flying slightly blind with a bad internet connection today, but I see that our Market Sentiment m...

10.12.09 - What Goes Up...
on Nov 12, 2009The round 1,100 level has proven strong resistance once again and we finally have seen some light selling pressure, which at these volume levels may be more of buyer's strike.  Semantics -- either way, the VIX has been steadily rising after an e...

11.11.09 - Rocky Top
on Nov 11, 2009The market has been all over the place this morning in range with good tradable tells provided by Cumulative Tick and the Advance - Decline lines.  After the reversal from the new highs, however, the SPY came back to its daily pivot where it fou...