ChartWatchers

June 2010

ChartWatchers

FIXED INCOME ETFS GAIN GROUND

by John Murphy

While some money is starting to creep back into stocks, investors are still showing enthusiasm for bonds. And I'm not talking just about Treasuries. More impressive gains were seen in other bond categories like corporate bonds and TIPS... Read More 

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SOME OF THESE THINGS ARE NOT LIKE THE OTHERS

by Chip Anderson

Hello Fellow ChartWatchers! Now this will probably give away my age, but one of my first memories of television was from the educational children's show called "Sesame Street" and the song that they used to sing called "One of These Things is Not Like The Others"... Read More 

ChartWatchers

TIME FOR JUICED ETFS?

by Tom Bowley

The market is at a crossroads short-term. We've been bouncing back and forth after that early May drubbing... Read More 

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THE VOLUME ISSUE

by Carl Swenlin

One of the issues that has concerned many analysts is the lack of volume supporting the rally from the June lows, but looking back over the last year we can see that volume has not been at all impressive for either of the rallies beginning in July 2009 or February 2010... Read More 

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A BREADTH THRUST FOR THE MCCLELLAN OSCILLATOR

by Arthur Hill

Before getting into this breadth thrust, let's review the McClellan Oscillator and McClellan Summation Index. Basically, the McClellan Oscillator is the 19-day EMA of Net Advances less the 39-day EMA of Net Advances (advances less declines)... Read More 

ChartWatchers

A REVIEW OF GLOBAL MARKETS

by Carl Swenlin

A question from a subscriber yesterday prompted me to make a quick review of global markets. I rarely look at global markets because (1) my overriding focus is on the U.S. market and (2) it is my observation that international markets and the U.S... Read More 

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RSI remains bearish for SPY

by Arthur Hill

The Relative Strength Index remains below 50 and bearish for the S&P 500 ETF (SPY). Bounded momentum oscillators trade within a defined range. RSI trades between zero and one hundred with fifty as the centerline. Think of this level as the 50 yard line in a football game... Read More 

ChartWatchers

Look out Below!

by Tom Bowley

Technically, this hasn't been brain surgery. Our major indices broke down in early May on very heavy volume and, as technicians, we can never ignore that lethal price/volume combination. The weakness also came on the heels of some of the most extreme complacency that I've seen... Read More 

ChartWatchers

BULLISH PERCENT HANGING ON - BARELY

by Chip Anderson

Hello Fellow ChartWatchers! Back down below 10,000 we go. This is the fifth time in the past month that the Dow has dipped below that magic number... Read More