C-fund

[weatherweenie]

If we hold onto 1500 the trend is intact. So far so good.

1496 and change

 

[clester]

I hope somebody buys the dip. PPI tomorrow though.

 

[clester]

C fund held the 20 dma, uptrend still in place. Nice recovery. Will CPI on tuesday have the same effect as PPI?
Getting close to the all time high of 1527 again. Will we make it this week? Will we have profit taking if it does?

 

[clester]

It looks like the Bank of Japan releases its interest rate decision Thursday. Carry trade and world liquidity is at stake. If they raise rates it will affect USM. An analyst I heard said our markets took a hit last may and in feb for these concerns. Be careful.

 

[clester]

C fund still outperforming other funds over the last month or so. Will we see 1527 this week?

 

[clester]

Yeasterday was a little troubling, but we're above the 20 day moving average. C fund continues to outperform S and I in the short term. Look at a 1 month comparison.
View attachment 1605

 

[clester]

Looks to me like the S&P has formed a base pattern since about APR 25. Could be gaining strength for the next leg up.
View attachment 1607

 

[clester]

Great close on the S&P! Next stop 1527? Still outperforming.

 

[clester]

Can the S&P break out to a new 6 year high today? I think the chances are good. We only need 1 more point. I wonder if there will be a pull back when we get near 1527.

 

[clester]

We had a failed break out yesterday. We're still basically in a basing mode. Short term trend is still up. Next top of channel is about 1530.

 

[Birchtree]

Airborne - all the way to 1750 on the SPX.

 

[nnuut]

"C" is doing great lately!! You must be paying someone off

 

[clester]

We had a C fund break out friday. Many say we may have some resistance at 1527, but we have solid support at 1500, also some support at 1515. C-fund still outperforming on a monthly basis. Will we have a pullback this week? Profit taking?

 

[clester]

C fund getting beat by the S fund today. Is this a new trend? S&P seems a little tentative as it nears the 1527 mark. The all time intaday high is way up at 1552 (?) I think. Tuesdays are a little scary to me (maybe profit taking tomorrow) . What to do for tomorrow? We a little above the middle of the short term channel.

 

[Birchtree]

If you don't have confidence, please don't play on the rails because the train is coming through.

 

[qibovin]

Are we going to have to "fill in" that gap opening today with a retest of 1490 in the near future?

 

[Birchtree]

Gaps usually don't get completely filled during bull markets. Ride the wave up.

 

[Birchtree]

Companies in the SPX bought back $110 billion of stock in the first quarter. That brought the total over the past four quarters to $442 billion - enough to buy the bottom 100 companies in the S&P 500. Buybacks reduce the number of shares outstanding, lifting earnings per share. Over the last seven years profits advanced more quickly than stock prices and as a result stocks don't look very expensive. And with the advent of private equity on the prowl more companies in the SPX will be taken private. We could see a number over 1700 on the index in 2008. Rock on.

 

[qibovin]

Bear with me on my first attempt to post an image.

From Chart of the Day http://www.chartoftheday.com/20070629.htm?T

Today's chart illustrates the average monthly gain of both large-caps (S&P 500 - gray bars) and small-caps (Russell 2000 - blue bars). The chart illustrates that stocks (both large-caps & small caps) have had a tendency to struggle at sometime during the summer with small-caps not really beginning a strong rally until November.

This suggests to me to "lean toward" C over S fund for July and September.

 

[USNAVYRETIRED]

Very nice chart. I can read this one! GL to all! :nuts: