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Entered Long SPY @ 140.28, Exit: 1% true selling day.

Nasdaq not as strong as I'd like to see here. Exited ES at 1397.50.

It seems the sell-off from 11/27 was just a 1 day thing. Market looks strong, time to get back long. Entered ES at 1397.50. Initial stop @ 1388. I will buy SPY at the close only.

Even though there was some follow-through sell-off this morning, the market was able to bounce back. Since yesterday's decline was the biggest in last four months, I will still wait on the sidelines. The other thing that was less convincing regarding today's bounce was that the IWM and QQQQ...

Here is what I see: The economic fundamentals appear to pointing to an overheating economy. 4.4% unemployment 82% capacity utilization Increasing wages, income and AHE. Low real rates of interest High PCE (personal consumption expenditure ) core deflator, the fed's preferred measure...

Thorn: I have followed all your top calls for the past few years. I noticed that most of your calls were very correct timing wise, another thing that I noticed was that there was something common between your accurate top-calls and the 2 that did not work. It was the bond market. Right now the...

Today was a true selling day. All the indexes down more than 1%. Exited out of my SPY long. Will not take any signals till next week. Need to see how this week plays out. Basically what I am looking for is SP to close at or slightly below 13WMA on Friday. Next Monday if there is no selling...

Exit: Strategies: One of the exit strategies is the 1% true Selling day and the other one is the break of 2 week Low. The break of 1380 in S&P, will make me go into cash. Then I'll just wait for the market to come down to the 65WMA to go long again.

Although IWM has underperformed SPY in the last few days QQQQ has been looking very strong. The bonds made a 6 month high today. It just tells me that the market is not worried about inflation or another rate hike. It looks like most of the money is moving into Tech stocks. Will look to buy QQQQ...

Have you ever looked at the relationship between the trend in junk-bonds and the SP? I do not think the top is here yet as long as the high-yield bond funds are performing well. Sure, we might see some correction about 8-10% but nothing crazy. My target for SP is 1800. Not sure when that will...

I do not really use EW but I like the concept. Although 65 WMA acts as a major support, I do not think that prices will come down to that point. If the market starts going higher from here, 13 WMA will act as a major support. This is in EW terms the 5th wave. We are just getting started. We...

Intersting. I will try to read more on the relationship between the yields and the effects. Right now I'll just follow the price action.

Trend alone. I have read something about the spread, I think it was in Gary Smith's book. Basically, when majority of the funds move up 10-15% from the high or low, it signals the change in trend in the equity market. Most of the funds made the low in 2002 October. By March 2003 the funds were...

1440

It looks like IWM has underperformed SPY and QQQQ for the last few days. Might be a good idea to buy some puts here.

Here is my list of funds that I look at on a monthly basis. http://screen.yahoo.com/a?cc=HY&proy=0%2F10&b=1&z=trfy&db=funds&vw=6

As long as the high-yield bonds are trending up, I'll look to buy on any pullbacks. I do not short stocks, only futures(and that has been my weakness). If you look at the historical performance of high-yield bonds, most of then topped in mid 1998. I define bubble when the stock market and top...

I have noticed strong trends in stocks where the symbol is an actual word. Please post any if you know. RACK, CHINA, GROW, STEM.

I have found that the trend in high-yield bonds work as a leading indicator. This makes sense because if the companies with bad credit can make the interest payment, then good companies should be too. High-yield bond funds make the top before the overall market does. When looking at the bond...

The problem many of us have including myself is that we trade too frequently. We try to go long and short thinking we can catch the up and the down move. Many times what happens is that had we stayed with our initail position we would have been much better off. We would have made more money...