Category: Market Commentary

Weekly S2P Market Commentary

8-13-17 Market Commentary

Our Bull/Bear PnF Ratio at 0.72 fell from 1.15.
The NASI fell 180 points to -95.87.
The NASDAQ had 0 Accumulation days and 6 Distribution days.
The Weekly CCI(20) of the NASDAQ began a Woodie's up trend 67 weeks ago, while the Daily CCI(20) began a Woodie's up trend 3 weeks ago.
Industry Rotation Summary: Some Tech and Gold & Silver on top; Some Tech and Oil Services on the bottom.
Focus from www.moneymetals.com "Is the Yellen Fed Planning to Sabotage Trump’s Presidency?" 

Read more

8-6-17 Market Commentary

Our Bull/Bear PnF Ratio at 1.15 fell from 1.36.
The NASI fell 125 points to 120.25.
In the last 2 weeks the NASDAQ had 2 Accumulation days and 4 Distribution days.
The Weekly CCI(20) of the NASDAQ began a Woodie's up trend 36 weeks ago, while the Daily CCI(20) began a Woodie's up trend 2 weeks ago.
Industry Rotation Summary: Oil, Banks, Brokers, and Retail on top; Some Tech on the bottom.  
Focus from www.zerohedge.com "The Real Dumb Money: Retail Investors Have Outperformed Hedge Funds By 300%". 

Read more

7-30-17 Market Commentary

Our Bull/Bear PnF Ratio at 1.36 fell from 1.54.
The NASI rose 4 points to +244.92.
In the last two weeks the NASDAQ had 4 Accumulation days and 1 Distribution day.
The Weekly CCI(20) of the NASDAQ Composite Index began a Woodie's up trend 65 weeks ago, while the Daily CCI(20) began a Woodie's up trend 1 week ago.
Industry Rotation Summary: Gold & Silver, Some Tech, and Oil on top; Some Tech and Banks on the bottom.
Focus from www.TheAntiMedia.org "The Feds Are Terrified of Cryptocurrencies — but They’re Powerless to Stop Them".

Read more

7-23-17 Market Commentary

Our Bull/Bear PnF Ratio at 1.54 rose from 1.35.
The NASI rose 75 points to +240.49.
In the last 2 weeks the NASDAQ had 4 Accumulation days and 0 Distribution days.
At Wednesday 7/19 close, the CCI(20) daily had 6 consecutive days above zero for a change in Woodie's trend to Up.
Industry Rotation Summary: Some Tech, Gold & Silver, and Oil Services on top; Oil, Brokers, and Banks on the bottom.
Focus from www.zerohedge.com "Market "Paralysis" Confirmed - Squeezed Shorts And Anxious Longs Are Fleeing Stocks". 

Read more

7-16-17 Market Commentary

Our Bull/Bear PnF Ratio at 1.35 rose from 1.29.
The NASI rose 26 points to +165.05.
In the last two weeks the NASDAQ had three (3) Accumulation days and one (1) Distribution day.
The Weekly CCI(20) of the NASDAQ Composite Index began a Woodie's up trend sixty-three weeks ago, while the Daily CCI(20) began a Woodie's down trend one week ago.
Industry Rotation Summary: Some Tech on top; Gold & Silver and REITs on the bottom.
Focus from www.zerohedge.com "Bitcoin, Ethereum Plunge Accelerates As Scaling Deadline Looms".

Read more

7-9-17 Market Commentary

Our Bull/Bear PnF Ratio at 1.29, fell from 1.19.
The NASI fell 16 points to +139.23.
In the last two weeks the NASDAQ had 1 Accumulation day and 4 Distribution days.
The Weekly CCI(20) of the NASDAQ Composite Index began a Woodie's up trend sixty-two weeks ago, while the Daily CCI(20) began a Woodie's down trend this past week.
Industry Rotation Summary: Banks and Brokers on top; Gold & Silver and some Tech on the bottom.
Focus from www.alhambrapartners.com "The Hidden State of Money" by Jeffrey P. Snider.

Read more

7-2-17 Market Commentary

Our Bull/Bear PnF Ratio at 1.19 rose slightly from 1.11.
The NASI rose 23 points to 155.20.
In the last two weeks the NASDAQ had 1 Accumulation day and 3 Distribution days.
The Weekly CCI(20) of the NASDAQ began a Woodie's up trend 61 weeks ago, while the Daily CCI(20) began a Woodie's up trend 32 weeks ago.
Industry Rotation Summary: Banks and Gold & Silver on top; Tech and Oil Services on the bottom.
Focus from www.OurFiniteWorld.com by Gail Tverberg "The Next Financial Crisis Is Not Far Away".

Read more

6-25-17 Market Commentary

Our Bull/Bear PnF Ratio at 1.11 fell from 1.22.
The NASI fell 29 points to +132.57.
In the last two weeks the NASDAQ had 1 Accumulation day and 2 Distribution days.
The Weekly CCI(20) of the NASDAQ Composite Index began a Woodie's up trend 60 weeks ago, while the Daily CCI(20) began a Woodie's up trend 31 weeks ago.
Industry Rotation Summary: Tech on top; Oil, Oil Services, and Banks on the bottom.
Focus from www.zerohedge.com ""It’ll Be An Avalanche": Hedge Fund CIO Sets The Day When The Next Crash Begins".

Read more

6-18-17 Market Commentary

Our Bull/Bear PnF Ratio at 1.22 fell slightly from 1.27.
The NASI rose 1 point to +161.33.
In the last two weeks the NASDAQ had 1 Accumulation day and 3 Distribution days.
The CCI(20) daily ZLR Long trade resulted in a gain of 55.31 points on the NASDAQ Composite or $0.65 per share of QQQ.
Industry Rotation Summary: Brokers, Banks, and Oil on top; Gold & Silver, Retail, and some tech on the bottom.
Focus from www.zerohedge.com "Deutsche Bank: The Market's Current "Metastability" Will Lead To "Cataclysmic Events"".

Read more

6-11-17 Market Commentary

Our Bull/Bear PnF Ratio at 1.27 fell from 1.41.
The NASI rose 41 points to +159.71.
In the last 2 weeks the NASDAQ had 1 Accumulation day 4 Distribution days.
The CCI(20) daily ZLR Long trade simulation ends at Monday 6/12 open.
Industry Rotation Summary: Brokers, Banks, and some tech on top; Oil Services, Retail, and some tech on the bottom.
Focus from www.acting-man.com "Meet The Three Headed Debt Monster That's Going To Ravage The Economy" by MN Gordon.

Read more