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Showing posts from July, 2016

July 30, 2016 – Weekend Market Comment

July 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).

The action on this week was different than what we've seen recently as investor focus seemed to turn to safety ahead of the GDP report and after the FOMC announcement on Wednesday. Consumer staples (XLP, +0.44%) and utilities (XLU, +0.39%) led the six advancing sectors while basic materials (XLB, -0.14%) was the worst.



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 up sharply but rounding. NOTICE THE SLOPE (second window), this could be part of a long term up trend, that might pull back here.Bull market -- expect bullish outcomes. ! 103 NYSE High Low M…

July 23, 2016 – Weekend Market Comment

July 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).

 As I mentioned three weeks ago, if we break resistance the markets could move up sharply and it did. Now we are taking a pause as traders see the market is for now short term overbought.

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 up sharply. NOTICE THE SLOPE (second window), this could be part of a long term up trend.Bull market -- expect bullish outcomes. ! 103 NYSE High Low Market Forces Nothing but positive. In the right side highlight we see green is above is below yellow. Really positive.
105 Non Farm Payroll Lots of jobs! But beware this is …

July 16, 2016 - Weekend Market Comment

July 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).

As I mentioned two weeks ago, if we break resistance the markets could move up sharply and for 6 days now they did just that, with a small profit-taking slip on Friday. The commodities have pulled back gently this week near two-week lows. In the face of the commodities pulling back, global markets have rallied. Financials have rallied globally and JP Morgan fueled a broad rally in bank stocks.

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 up sharply. Bull market -- expect bullish outcomes.
103 NYSE High Low Market Forces Nothing but positive, in fact wow craz…

July 9, 2016 – Weekend Market Comment

July 9, 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).

As I mentioned last week, if we break resistance the markets could move up shaply and on Friday they did just that. Some lag in employment was showing on our charts, now all trace of that is gone. This bull rally could go a lot longer. 



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 up sharply. Bull market -- expect bullish outcomes.
103 NYSE High Low Market Forces Nothing but positive, in fact wow crazy possitive. In the right side highlight we see green is above is below yellow. This is the number on reason I am still seeing possible upside.
105 Non Farm Pay…