Chart Spotlight

03/23/2012

Schwab Active Trader Sentiment

by Carl Swenlin

A recent news release caught my eye and I thought the story could use a little clarification.

Continue reading "Schwab Active Trader Sentiment" »

03/19/2012

PMO BUY Signal - Union Pacific Corp. (UNP)

by Erin Swenlin Heim

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)" »

03/16/2012

Apple Enters Danger Phase

by Carl Swenlin

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.

Continue reading "Apple Enters Danger Phase" »

03/14/2012

PMO BUY Signal - Berkshire Hathaway, Inc (BRK/B)

by Erin Swenlin Heim

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)" »

03/12/2012

PMO BUY Signal - CMS Energy Corp. (CMS)

by Erin Swenlin Heim

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)" »

03/09/2012

Gold Not Automatic Crisis Winner

by Carl Swenlin

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.

Continue reading "Gold Not Automatic Crisis Winner" »

03/05/2012

PMO SELL Signal - Market Vectors Gold Miners (GDX)

by Erin Swenlin Heim

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)" »

03/02/2012

Rydex Asset Levels Are Bearish

by Carl Swenlin

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.

Continue reading "Rydex Asset Levels Are Bearish" »

02/29/2012

PMO BUY Signal - Kimberly-Clark Corp. (KMB)

by Erin Swenlin Heim

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)" »

02/24/2012

Using Dividends for Stock Valuation

by Carl Swenlin

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.

Continue reading "Using Dividends for Stock Valuation" »