Danger In The Markets? Part IV

The charts seen in this post are from Maurice Walker, http://thechartpatterntrader.com.  First, a daily 1-year chart of the S&P500.  The large broadening pattern  (in blue) is notable, as is the smaller one, as seen by the dotted line. chart provided by http://thechartpatterntrader.com Chart Courtesy of StockCharts.com   Here is a weekly chart of the S&P500.  Notable … Read more Danger In The Markets? Part IV

Danger In The Markets? Part III

Moving on to the stock market.  First, a 1-year daily chart of the S&P500.  Although at first glance, the advance from the March lows doesn’t appear too suspect, two aspects are notable.  One can see that currently the price has dipped below the 50 day moving average (line seen in blue -the red line is … Read more Danger In The Markets? Part III

Danger In The Markets? Part II

Before displaying some charts of the stock market, I would like to post a couple of the Japanese Yen.  My comment of September 14 is relevant today: “Additionally, is it not odd, on an “all things considered” basis, that the Japanese Yen is rising at what appears to be an increasing rate?  This rise commenced in mid-2007, as … Read more Danger In The Markets? Part II

Danger In The Markets? Part I

This series of blog posts represents a periodic Technical Analysis of the markets.  My last series of posts (5 parts) of this nature was titled “Peril In The Markets?” and started September 13.  At the conclusion of that series of posts, I wrote this blog post summarizing my thoughts: https://www.economicgreenfield.com/2009/09/17/extreme-peril-in-the-stock-market/ Although a stock market crash did not … Read more Danger In The Markets? Part I

The McClellan Oscillator’s Performance

There are several interesting facets of the markets right now.  I will soon comment on some of them. From a stock market perspective, the performance of the McClellan Oscillator is one such facet.  Here is commentary from yesterday’s http://www.sentimentrader.com/ that I found very interesting: “Remarkably, the Oscillator hit a deeply oversold reading yesterday, nearly 2 standard deviations below its … Read more The McClellan Oscillator’s Performance

The “Buy and Hold” Philosophy

Here is a story from CNBC.com on September 23: “Buy-and-Hold Investing Makes A Return After Turbulent Year” http://www.cnbc.com/id/32970487 I am not a fan of the “Buy and Hold” philosophy, although I will concede that it worked (very) well, generally speaking, during the 20th Century. As far as the present and future is concerned, I wrote … Read more The “Buy and Hold” Philosophy

Extreme Peril In The Stock Market

Please note – some might find this post disturbing In this post I will summarize my thoughts on the markets, particularly the stock market.  As has been the case since the Economic Crisis began, any stock market weakness will most likely be mirrored in a variety of other markets as well, such as commodities, credit, etc. … Read more Extreme Peril In The Stock Market

Peril In The Markets? Part IV

The price action in the S&P500 since the March low at ~666 has struck me as being very “impulsive.”  This is certainly a cause for concern.  Also, there certainly has not been any significant “wall of worry” that one would expect given the fundamentals. The charts seen in this post are from Maurice Walker, http://thechartpatterntrader.com.  First, a … Read more Peril In The Markets? Part IV

Peril In The Markets? Part III

Moving on to the stock market…  The first chart is the NYSE Summation Index.  I have put in the S&P500 as an overlay in green, with the NYSE Summation Index’s MACD at the bottom of the chart.  What I find interesting here is the negative MACD divergence as indicated on the chart, in blue: Chart … Read more Peril In The Markets? Part III