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Showing posts from December, 2015

December 26, 2015 Weekend Market Comment

December 26, 2015 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. You can read the latest version each week by bookmarking http://cme4pif.blogspot.ca/.  For full details read my disclaimer (link at the bottom of this page).

First off I hope you your family had a wonderful Christmas, I certainly did. In keeping with the spirit of  the holidays, lets be brief. It really was not much of week for the markets, they were up, but on very little volume. That means the data in our charts is not fully reliable, and could change abruptly.  Lets see what is in the charts.



CLICK HERE: To see the 100 and 200 series charts


101 Bull Bear Bear market (red over dark green) and now the short term (light green) is in a nice bounce up.
103 NYSE High Low Market Forces In the right side highlight we see green is below yellow this is the number on reason I am pulling in my horns. There …

December 19, 2015 Weekend Market Comment

December 19, 2015 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. You can read the latest version each week by bookmarking http://cme4pif.blogspot.ca/. For full details read my disclaimer (link at the bottom of this page).

Well I told you last week I took off most of my short positions and that most people should raise some cash. I said  this was going to big a very volatile week and we had a huge run up and down in just a few days. All these massive swings, only to arrive about where we left off last week.




Well lets look at our core charts:



CLICK HERE: To see the 100 and 200 series charts

! 101 Bull Bear Bear market (red over dark green) and now the short term (light green) is in a deep dive. Don’t be long, raise cash or look at shorts. ! 103 NYSE High Low Market Forces In the right side highlight we see green is below yellow this is the number on reason I am pullin…

December 12, 2015 Weekend Market Comment

December 12, 2015 – Welcome to my weekend market comment, an analysis tool I use in my own portfolio decisions, published free to the web every weekend before the New York opening bell. For full details read my disclaimer (link at the bottom of this page).

Last week I said we we at a tipping point, we were, we tipped, the crowd goes wild. I am a hero and you dear reader stepped out of the way so you account did not go to zero. Cheers.

Learn how I spotted trouble so you can too. The big clue that the August sell off was not the end of the story was in our charts. The biggest sign we are in more trouble was continued problems in the NYSE High Low chart. Red splotches in the lower window and green stuck below yellow in the top panel is always trouble. Add to that the OBV -- predicting doom as the  smart money was not buying the dips. When the red OBV line fails to keep pace with the market -- be very careful. You can go back the last few weeks and display all the charts that I marked wi…