I am plotting the P and F charts on the GDX and the percentage
changed from 13 stocks to 14 stocks as a result of a buy on
GOLD.Since the number of stocks on a buy does not change
generally on a daily basis, it is possible for it to remain the
same for a quite a few days and therefore the movement of one stock
could easily create a signal on the moving average.
I am currently looking at the Dorsey Wright bullish sector
percentage of precious metal stocks which contains over 50 stocks
for confirmation by changes in direction. I suspect it might be
helpful.
NEW YORK (Dow Jones)--Deutsche Bank AG (DB, DBK.XE) said
Thursday that the PowerShares DB US Dollar Index Bullish Fund (UUP)
had run out of new shares and wouldn't be able to issue any more
until it gets clearance from the Securities and Exchange
Commission. The move could lead the $822 million exchange-traded
fund, which helps investors bet on the U.S. dollar against a basket
of foreign currencies, to trade at a price that is substantially
higher than its underlying value. A number of ETFs that follow
commodities like oil and natural gas have also had to suspend
issuing new shares amid worries speculators are driving up
commodity prices. It wasn't immediately clear why a currency fund
would face the same problem.
TODAY WAS THE LOWEST NON HOLIDAY VOLUME DAY OF THE YEAR! AND The
Last 2 days the volume has been the weakest back to back volume
days of the year...next closest were the Jan 7-8th...RALLIES DIE IN
LOW VOLUME...JUST MY 2 CENTS...
Have u run a KISS chart of the 1973-75 Time frame with the 13/34
Kiss Method and also the 1980-82 Time frame...Curious to see
outcome...I've seen the 1929-32....same results?
Proshares declared very large cap gains on many on their
ETF's. Since they go ex-dividend today the shares will open
lower. Suggest you check with the Proshares website for more
information.
Pick your Brain! What do rely on the heaviest (if you had rely
on one) MACD, SLOW Sto cross, etc...I noticed on your DUG
observation...Slow Sto was just crossing 20...bullish...yet you
were indicating a possbile H&S...Thought process...Thx
To confirm some of the work you do I use Dorsey Wright's BP for
oil. I like it because it has about 100 members. It is
currently @ 28%. The lowest it has been is Jan 08 @ 16. They also
have an separate oil service BP and that is about 36%.
They don't do your moving average work which I think is unique
and outstanding.
If I had the time and computer knowledge I would do the MA work
on their numbers.
Of important changes
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
The community is delayed by three days for non registered users.
GDX Mechanical system
Posted by jaysz on 2nd of Jun 2010 at 09:28 am
I am plotting the P and F charts on the GDX and the percentage changed from 13 stocks to 14 stocks as a result of a buy on GOLD.Since the number of stocks on a buy does not change generally on a daily basis, it is possible for it to remain the same for a quite a few days and therefore the movement of one stock could easily create a signal on the moving average.
I am currently looking at the Dorsey Wright bullish sector percentage of precious metal stocks which contains over 50 stocks for confirmation by changes in direction. I suspect it might be helpful.
Great tool. I always made
SPX
Posted by jaysz on 10th of Feb 2010 at 11:26 am
Great tool. I always made mental notes of this.
IT'S REAL GOOD TO GET A VISUAL. THANKS!
Frank's on vacation this week.
Frank Barbera
Posted by jaysz on 31st of Dec 2009 at 10:49 am
Frank's on vacation this week. I get his newsletter. I know him since 1993.
UUP: NOT WHAT IT SEEMS...ETF SHARE ISSUES
UUP
Posted by jaysz on 5th of Nov 2009 at 04:13 pm
NEW YORK (Dow Jones)--Deutsche Bank AG (DB, DBK.XE) said Thursday that the PowerShares DB US Dollar Index Bullish Fund (UUP) had run out of new shares and wouldn't be able to issue any more until it gets clearance from the Securities and Exchange Commission. The move could lead the $822 million exchange-traded fund, which helps investors bet on the U.S. dollar against a basket of foreign currencies, to trade at a price that is substantially higher than its underlying value. A number of ETFs that follow commodities like oil and natural gas have also had to suspend issuing new shares amid worries speculators are driving up commodity prices. It wasn't immediately clear why a currency fund would face the same problem.
PSAR buyn signal
Posted by jaysz on 16th of Jul 2009 at 09:17 am
Matt
Do we have a PSAR buy signal thus completing the SPY short swing trade?
VIX closed above its 21 day SMA...First time since 3/30 and 3/9
Posted by jaysz on 15th of Jun 2009 at 04:43 pm
Pathetic Volume !!!
Posted by jaysz on 8th of Jun 2009 at 10:54 pm
TODAY WAS THE LOWEST NON HOLIDAY VOLUME DAY OF THE YEAR! AND The Last 2 days the volume has been the weakest back to back volume days of the year...next closest were the Jan 7-8th...RALLIES DIE IN LOW VOLUME...JUST MY 2 CENTS...
THOUGHTS?
IS THAT A DOJI ON THE S&P 500 TODAY?
Posted by jaysz on 30th of Apr 2009 at 03:51 pm
Matt/Dodger,
UP TREND EXHAUSTION? THOUGHTS?
THANKS!!!
Oversold Bounce Perspectives...
Posted by jaysz on 2nd of Mar 2009 at 09:19 pm
The Dow: is currently trading 29.5% below it's 200 Day EMA…Perspective: Lowest has been 33% on Oct 10th and 32% on Nov 21st…
S&P 500: is Currently trading 31% below it's 200 Day EMA. Perspective: Lowest was Nov 21st 38% below and 35% on Oct. 10th….
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Only 5.4% of Stocks are Trading Above 50 Day MA (was almost 80% in Early Jan and under 1% on NOV 21st) ;
Only 1.6% of Stocks are Trading above 200 MA…roughly same as Nov 21st….
Gold stock short ETF
Posted by jaysz on 25th of Feb 2009 at 11:37 am
Is there a gold stock short other than HGD-T/
Short Currencies
another triangle
Posted by jaysz on 19th of Feb 2009 at 09:40 am
You can short currencies with Proshares ETF's They have double short yen and euro. You can also buy puts on Currency shares.
13/34 KISS Method for Other Bear Mkts
Posted by jaysz on 4th of Feb 2009 at 04:32 pm
Matt
Have u run a KISS chart of the 1973-75 Time frame with the 13/34 Kiss Method and also the 1980-82 Time frame...Curious to see outcome...I've seen the 1929-32....same results?
Thanks.
Urgrent - Proshares Cap Gains
Posted by jaysz on 23rd of Dec 2008 at 09:23 am
Proshares declared very large cap gains on many on their ETF's. Since they go ex-dividend today the shares will open lower. Suggest you check with the Proshares website for more information.
Matt & Dodger...Thoughts on XIDE CHART?
Posted by jaysz on 17th of Dec 2008 at 05:09 pm
Positive RSI, Positive MACD, Break above Resistance today...6.25 target?
Looks Good to me...Thoughts? Thanks!!!
NYSE 1% Exp Adv-Decline ...What's it at today?
Interesting
Posted by jaysz on 23rd of Nov 2008 at 05:06 pm
Do u have an up to date chart? thanks!!!!
DUG CHART
DUG Chart looks like a H&S
Posted by jaysz on 19th of Nov 2008 at 04:38 pm
MAtt,
Pick your Brain! What do rely on the heaviest (if you had rely on one) MACD, SLOW Sto cross, etc...I noticed on your DUG observation...Slow Sto was just crossing 20...bullish...yet you were indicating a possbile H&S...Thought process...Thx
ATHN
Posted by jaysz on 7th of Nov 2008 at 10:31 am
I caught the end of the CNBC interview. The CEO was quite enthusiastic. I didn't hear him explain all the insider selling including his.
Short Bonds -TBT
Posted by jaysz on 5th of Nov 2008 at 02:27 pm
Anyone looking to short bonds here? TBT would ba a great Obama trade and would also hedge a bond portfolio
BPENER
Posted by jaysz on 23rd of Jul 2008 at 04:19 pm
Correction to last line
I will keep you informed of important changes
BPENER - DUG
DUG
Posted by jaysz on 23rd of Jul 2008 at 04:16 pm
Matt
To confirm some of the work you do I use Dorsey Wright's BP for oil. I like it because it has about 100 members. It is currently @ 28%. The lowest it has been is Jan 08 @ 16. They also have an separate oil service BP and that is about 36%.
They don't do your moving average work which I think is unique and outstanding.
If I had the time and computer knowledge I would do the MA work on their numbers.
Of important changes