Tuesday, October 27, 2009

Weekly Summary (late)

Summary:
USA Monthly Weekly Daily
S&P500 Up Up Neutral (-)
DJI Up Up Up
NasdaqComp Up Up Up
DJ Transport Up Up Neutral (-)
DJ Utility Up Up Neutral (-)
Russell 2000 Up Up Neutral (-)
AMEX Airline Up Up Neutral (-)
AMEX Biotech Up Up Neutral (-)
AMEX Gold Bugs Up Up Neutral (-)
AMEX Natural Gas Up Up Neutral (-)
AMEX Oil Up Up Up
AMEX Security Broker Up Up Neutral (-)
AMEX Telco Up Up Neutral (-)
KBW Bank Up Up Neutral (-)
KBW Insurance Up Up Neutral (-)
PHLX Housing Up Neutral (-) Neutral (-)
PHLX Semiconductor Up Up Neutral (-)
S&P Retail Up Up Up

Oil and retail is still holding up.

Sunday, October 18, 2009

Weekly Summary

Improved bullishness but doesn't seem to be a strong up movement.

USA Monthly Weekly Daily
S&P500 Up Up Up
DJI Up Up Up
NasdaqComp Up Up Up
DJ Transport Up Up Up
DJ Utility Up Up (+) Up (+)
Russell 2000 Up Up Up
AMEX Airline Up Up Up (+)
AMEX Biotech Up Up Up (+)
AMEX Gold Bugs Up Up Up
AMEX Natural Gas Up Up Up
AMEX Oil Up Up Up
AMEX Security Broker Up Up Up
AMEX Telco Up Up Up
KBW Bank Up Up Up
KBW Insurance Up Up Up
PHLX Housing Up Up (+) Up (+)
PHLX Semiconductor Up Up Up
S&P Retail Up Up Up

Sunday, October 11, 2009

Weekly Summary

The up trend has resume:
USA Monthly Weekly Daily
S&P500 Up Up Up (+)
DJI Up Up Up (+)
NasdaqComp Up Up Up (+)
DJ Transport Up Up Up (+)
DJ Utility Up Neutral Neutral
Russell 2000 Up Up Up (+)
AMEX Airline Up Up Neutral
AMEX Biotech Up Up Neutral
AMEX Gold Bugs Up Up Up (+)
AMEX Natural Gas Up Up Up (+)
AMEX Oil Up Up Up (+)
AMEX Security Broker Up Up Up (+)
AMEX Telco Up Up Up (+)
KBW Bank Up Up Up (+)
KBW Insurance Up Up Up (+)
PHLX Housing Up Neutral Neutral
PHLX Semiconductor Up Up Up (+)
S&P Retail Up Up Up (+)

Thursday, October 8, 2009

Platinum Group Metals Ltd. (PLG)

PLG Weekly Chart

Platinum Group Metals Ltd. (PLG) has broken out of downtrend. Platinum price is going up. Trying to ride the trend with PLG.

Disclosure: Long in PLG.

Monday, October 5, 2009

Weekly Summary

S&P 500 Daily Chart

2 weeks of correction and still no sign of stabilization. Based on the daily S&P 500 chart, for it to go up further, it must build a base at current value. I believe that it should rebound at the beginning of the week to 1050 and then come back down.

For the rest of the sectors, no serious sign of massive selling yet:

USA Monthly Weekly Daily
S&P500 Up Up Neutral
DJI Up Up Neutral
NasdaqComp Up Up Neutral
DJ Transport Up Up Neutral
DJ Utility Up Neutral (-) Neutral
Russell 2000 Up Up Neutral
AMEX Airline Up Up Neutral (-)
AMEX Biotech Up Up Neutral
AMEX Gold Bugs Up Up Neutral
AMEX Natural Gas Up Up Neutral
AMEX Oil Up Up Neutral
AMEX Security Broker Up Up Neutral
AMEX Telco Up Up Neutral
KBW Bank Up Up Neutral
KBW Insurance Up Up Neutral
PHLX Housing Up Neutral (-) Neutral
PHLX Semiconductor Up Up Neutral
S&P Retail Up Up Neutral