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Showing posts from April, 2016

April 30, 2016 – Weekend Market Comment

April 30, 2016 – 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 as you will see this would be a great time to pull in your horns. Perhaps this bull has room to run, but I am skeptical. 






CLICK HERE: To See the 100 and 200 series charts


101 Bull Bear Bull market (Dark Green over red). That said the short term light green line is heading down. Notice the topping pattern in the second window showing some loss of momentum in the 50 day slope. Bull Market = Bullish outcomes.
103 NYSE High Low Market Forces Nothing but strength.
105 Non Farm Payroll Lots of jobs! But this is a lagging indicator.  ! 107 Industrial Production Not good. Watch this carefully, all recessions have falling industrial production, but…

April 23, 2016 – Weekend Market Comment

April 23, 2016 – 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).

Like a feather the markets drift up again this week, the long term up trend firmly in place. But clearly this week it is gentler ascent. We have come so far a rest here is not unexpected.

CLICK HERE: To See the 100 and 200 series charts


101 Bull Bear Bull market (Dark Green over red). I have little faith in this bull and still expect it  dies in mid May. That said this recover is too strong to be short here. Notice the topping pattern in the second window showing some loss of momentum in the 50 day slope. Bull Market = Bullish outcomes.
103 NYSE High Low Market Forces Nothing but strength.
105 Non Farm Payroll Lots of jobs! But this is a laggin…

April 16, 2016 – Weekend Market Comment

April 16, 2016 – 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).

The continued upward momentum took the bull bear lines this week in to the Bull sector. It was a pretty good week for the stock market with the Russell 2000 iShares (IWM) and the Finance SPDR (XLF) showing upside leadership for a change. IWM gained 3.21% for the week and led the major index ETFs higher. XLF gained 4.60% and was the second strongest sector (behind XLE). 


CLICK HERE: To See the 100 and 200 series charts

 ! 101 Bull Bear Bull market (dark green over red) and now the short term (light green) is leading up. Bull market, expect bullish outcomes.
103 NYSE High Low Market Forces In the right side highlight, we see green is above yellow. …