Category: Market Commentary

Weekly S2P Market Commentary

12-10-17 Market Commentary

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Our Bull/Bear PnF Ratio at 1.34 was unchanged.
The NASI fell 74 points to +137.00.
In the last two weeks the NASDAQ had 2 Accumulation days and 3 Distribution days.
The Weekly CCI(20) of the NASDAQ Composite Index began a Woodie's up trend 84 weeks ago, while the Daily CCI(20) began a Woodie's up trend 13 weeks ago.
Industry Rotation Summary: Brokers, Banks, and Oil Services on top; Some tech, and Gold & Silver on the bottom.
Focus from www.zerohedge.com "Crypto-Cornucopia Part 4 - "Without It, You're Talking Mad Max"". 

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12-3-17 Market Commentary

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Our Bull/Bear PnF Ratio at 1.34 fell from 1.46.
The NASI rose 86 points to +210.8.
In the last 2 weeks the NASDAQ had 2 Accumulation days and 2 Distribution days.
The Weekly CCI(20) of the NASDAQ began a Woodie's up trend 83 weeks ago, while the Daily CCI(20) began a Woodie's up trend 12 weeks ago.
Industry Rotation Summary: Brokers, Banks, Oil Services, and Retail on top; Some tech, Gold & Silver, and REITs on the bottom.
Focus from www.medium.com/@rusty_lightning/ "The Three Economic Eras of Bitcoin".

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11-26-17 Market Commentary

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Our Bull/Bear PnF Ratio at 1.46 rose from 1.18.
The NASI rose 91 points to +124.76.
In the last two weeks the NASDAQ had 2 Accumulation days and 2 Distribution days.
The Weekly CCI(20) of the NASDAQ began a Woodie's up trend 82 weeks ago, while the Daily CCI(20) began a Woodie's up trend 11 weeks ago.
Industry Summary: Some tech and Retail on top; Oil, Oil Services, and REITs on the bottom.
Focus from www.DavidStockmansContraCorner.com "The Delirious Dozen of 2017".

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11-19-17 Market Commentary

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Our Bull/Bear PnF Ratio at 1.18 declined from 1.21.
The NASI fell 107 points to +33.50.
In the last two weeks the NASDAQ had 1 Accumulation day and 4 Distribution days.
At Wednesday 11/15 close, the CCI(20) daily was within the +/- 50 range for a ZLR Long entry signal at Thursday 11/16 close.
Industry Rotation Summary: Some tech on top; Oil, Oil Services, and KBW Bank on the bottom.  
Focus from www.CaymanFinancialReview.com "The stage has been set for the next global financial crisis".

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11-12-17 Market Commentary

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Our Bull/Bear PnF Ratio at 1.21 declined from 1.52.
The NASI fell 166 points to +140.70.
In the last two weeks the NASDAQ had 1 Accumulation day and 4 Distribution days.
The result of our CCI(20) daily ZLR trade simulation was a gain of 42.62 points on the NASDAQ or $2.20 per share of QQQ.
Industry Rotation Summary: Some tech, Oil, Oil Services, and REITs on top; KBW Bank, and Gold & Silver on the bottom.  

Focus from www.peakprosperity.com "If The Saudi Arabia Situation Doesn't Worry You, You're Not Paying Attention".

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11-5-17 Market Commentary

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Our Bull/Bear Point and Figure Ratio at 1.52 declined slightly from 1.59.
The NASI fell 143 points to +304.12.
In the last two weeks the NASDAQ had three (3) Accumulation days and four (4) Distribution days.
The Weekly CCI(20) of the NASDAQ began a Woodie's up trend 79 weeks ago, while the Daily CCI(20) began a Woodie's up trend 8 weeks ago.
Industry Rotation Summary: Some tech, S&P Retail, Oil Services on top; Gold & Silver, and some tech on the bottom.
Focus from www.alt-market.com "The Economic End Game Continues" by Brandon Smith. 

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10-29-17 Market Commentary

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Our Bull/Bear PnF Ratio at 1.59 declined from 1.83.
The NASI fell 178 points to +446.95.
In the last two weeks the NASDAQ had three (3) Accumulation days and four (4) Distribution days.
At Thursday 10/26 close, the CCI(20) daily was within the +/- 50 range for a ZLR Long entry signal at Friday 10/27 close.
Industry Rotation Summary: Some tech, S&P Retail, and Banking on top; Oil Services, Gold & Silver, and some tech on the bottom.
Focus from www.zerohedge.com ""Both Cannot Be Right" - The Yield Curve's Ominous Message: Something Is Very Broken".

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10-22-17 Market Commentary

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Our Bull/Bear Point and Figure Ratio at 1.83 declined from 2.05.
The NASI fell 102 points to +625.36.
In the last two weeks the NASDAQ had 3 Accumulation days and 2 Distribution days.
A gain of 196.30 points on the Nasdaq or $5.08 per share of QQQ resulted from our daily CCI(20) trade simulation.
Industry Rotation Summary: Some tech on top; Oil Services, Gold & Silver, S&P Retail, Brokers, and some tech on the bottom.
Focus from www.hackermoon.com "7 Thoughts On Blockchain, Cryptocurrency & Decentralization After Another Three Months Down The Rabbit Hole" by Lou Kerner

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10-15-17 Market Commentary

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Our Bull/Bear PnF Ratio at 2.05 declined somewhat from 2.22.
The NASI rose 29 points to +727.47.
In the last 2 weeks the NASDAQ had three 3 Accumulation days and 1 Distribution day.
The Weekly CCI(20) of the NASDAQ Composite Index began a Woodie's up trend 26 weeks ago, while the Daily CCI(20) began a Woodie's up trend 5 weeks ago.
Industry Rotation Summary: Gold & Silver, S&P Retail, and some tech on top; Oil Services, KBW Bank, and some tech on the bottom.  

Focus from www.Barrons.com, "The Coming Renaissance of Macro Investing" by John Curran.

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10-8-17 Market Commentary

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Our Bull/Bear PnF Ratio at 2.22 rose from 1.75.
The NASI rose 207 points to +698.64.
In the last two weeks the NASDAQ had 4 Accumulation days and 1 Distribution day.
The Weekly CCI(20) of the NASDAQ began a Woodie's up trend 75 weeks ago, while the Daily CCI(20) began a Woodie's up trend 4 weeks ago.
Industry Rotation Summary: KBW Bank, Brokers, and some tech on top; Gold & Silver, Oil, and Oil Services on the bottom.
Focus from DailyReckoning.com "The Only Russia Story That Matters" by Jim Rickards.

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