|technical analysis, trading systems, investing, market-timing methods, stock market, money management
Technical Market Indicators
Dow Theory, W.D. Gann, MetaStock, system tester, indicator builder, custom formulas, momentum, overbought, oversold, buy, sell, signals, top, bottom, Bull, Bear, consolidation, sentiment, contrary opinion
August 14, 2017
Don't be caught off guard!
Preview from my weekly report*
RSP, the equal-weighted S&P 500 stock price ETF, confirmed a short-term, 13-day downtrend.
SPY, the ETF that reflects the large-capitalization stock weighted S&P 500 Composite Stock Price Index, broke down from an indecisive sideways short-term trend.
The short-term trend looks uncertain, for the next few days, or possibly the next few weeks. The market is full of divergences and looks tired, but the price drop over the past 4 days already has brought it to a short-term oversold condition. That sets the stage for a possible opposite reaction, an oversold bounce.
The strength or weakness of the next rally attempt might offer important clues to the probable direction in the more significant, medium-term time frame.
Longer-term, the major trend has grown longer and longer in tooth: stock prices have been rising for more than 8 years, since March, 2009, significantly exceeding the average life span of past bull market trends. It has been rising in the face of many obstacles: worrisome news headlines, political tensions at home and abroad, sluggish economic data, excessive valuations, and technical divergences. No tree grows to the sky, however, and time may be running out on this growth trend. It may be changing already, although no one can be certain at this stage. Nevertheless, tightening portfolio risk controls seems prudent.
Probabilities favor a downside shakeout for the stock market this year.
Don't be caught off guard if 2017 proves to be a year of greater volatility and stunning surprises. We have plans and systems in place and are ready to adapt to rapid change.
We have made positive returns with far less volatility of returns than the S&P 500.
The full report offers clear and unbiased guidance on the following each week:
• Global stock markets
• The Defensive stock sectors
• The Health Care sector
• The Cyclical sectors
• The Technology sector
• The Financials sector
• U.S. bonds and notes
• Commodities (Oil, Metals, Agriculture)
• Objective Quantitative Rankings for hundreds of Exchange Traded Funds
Now is the time to take action. Preserve your capital by placing your assets under our careful management--before the next major bear market of -20% to -50% devastates most portfolios.
Make no mistake, the ongoing global economic and financial crisis has not been fixed by any sound or lasting solution. History shows that the authorities will not protect you or give you any advance warning--but we will.
If you agree that making money while staying safe is better than taking big risks in the stock market and exposing your nest egg to potentially ruinous losses, we would be very happy to implement our time-tested strategies for all of your assets. It makes good sense to choose protection--especially at this time when the financial world is stretched out of proportion.
We are always happy to discuss your goals and concerns and answer all your questions.
Call us now for a free consultation.
by phone: 646-652-6879
or by email: firstname.lastname@example.org
*For extensive coverage of major global markets with illustrative charts, take a free trial for my weekly report --
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11-Year Outperformance by the
Top 10 Exchange Traded Funds
Weekly Rankings of Major Trend Relative Strength
My weekly Top 10 ETFs ranked by the Major Trend Relative Strength outperformed the S&P 500 by over an 11-year period of real-time weekly tests. Click here for a graph of simulated performance.
Please note that my ETF rankings are available by subscription--NOW WITH A NO-RISK FREE TRIAL.
See The Colby Global Markets Report (click here).
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My latest book was named one of the top investment books by Stock Trader's Almanac 2005. This book also received an excellent review in the November 2003 issue of Futures.
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My ETF Rankings are not investment advice. Rather, they are an objective ongoing research study.
Analysis of market forces may offer a sense of probabilities. But the many variables that can impact market prices are notoriously difficult to predict. And, market analysis is something less than an exact science. So, sound trading tactics are always recommended. See my Money Management Rules.
According to CFTC Rule 4.41, hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
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