03/23/2012
Schwab Active Trader Sentiment
A recent news release caught my eye and I thought the story could use a little clarification.
A recent news release caught my eye and I thought the story could use a little clarification.
Union Pacific Corp. (UNP) generated a PMO (Price Momentum Oscillator) BUY signal because the PMO crossed up through its 10-EMA.
Continue reading "PMO BUY Signal - Union Pacific Corp. (UNP)" »
Apple is a great company, and AAPL has been a great stock since early-2009. From that point to the end of 2011 it rose +300% in an orderly, relentless advance. The angle of the rising trend line was conservative and sustainable. Unfortunately, since the beginning of this year AAPL has begun a vertical ascent, which is not strictly a paraboic, but the result of which will almost certainly be the same -- a price collapse.
Berkshire Hathaway, Inc (BRK/B) generated a PMO (Price Momentum Oscillator) BUY signal because the PMO crossed up through its 10-EMA.
Continue reading "PMO BUY Signal - Berkshire Hathaway, Inc (BRK/B)" »
CMS Energy Corp. (CMS) generated a PMO (Price Momentum Oscillator) BUY signal because the PMO crossed up through its 10-EMA.
Continue reading "PMO BUY Signal - CMS Energy Corp. (CMS)" »
We are in the midst of turbulent times, and it seems inevitable that things can only get worse. When casting about for a safe investment, it seems that gold is one of a very few areas of safety (and I don't know what the other ones are); however, when we look at historical charts, it is obvious that gold doesn't always behave in the way we would expect.
Market Vectors Gold Miners (GDX) generated a PMO (Price Momentum Oscillator) SELL signal because the PMO crossed down through its 10-EMA. This signal was flagged on today's ETF Tracker Report.
Continue reading "PMO SELL Signal - Market Vectors Gold Miners (GDX)" »
At Decision Point we keep a close watch on asset levels in the Rydex mutual fund group as a way of evaluating investor sentiment. An important result of these efforts is the Rydex Asset Ratio, which is calculated by dividing assets in the Bear plus Money Market Funds by the assets in the Bull Funds.
Kimberly-Clark Corp. (KMB) generated a PMO (Price Momentum Oscillator) BUY signal on our SPX Plus Tracker Report because the PMO crossed up through its 10-EMA.
Continue reading "PMO BUY Signal - Kimberly-Clark Corp. (KMB)" »
Last week my Chart Spotlight article asserted that stocks are fairly valued because the twelve-month trailing (TMT) P/E is about 15, which is midway the normal P/E range of 10 (undervalued) to 20 (overvalued). The middle panel of the chart below demonstrates this concept.