Short Term Outlook

[airlift]

Show -

With a rising dollar this is a fine move. QUESTION: will you consider changing to S, even if the I fund does not do well on Monday? or are you staying put in I, regardless? -

Short term trend is looking excellent. If the I fund manages a good return Monday I will switch to the S fund.

 

[Birchtree]

The weekly NYSE composite AD MCO posted a +54 value last week, its highest level since July 2003. When the weekly AD MCO first traverses +50 after being below for awhile, higher prices typically follow and corrections are muted in the coming weeks. The weekly composite AD line continues posting new highs. Still running in front of the train - got miles to go.

 

[airlift]

Birchtree -

This is very good supporting information of trend direction. Thank you. Is last week the first time this occurs in the recent past? Where can we get this information in the future?. Yahoo? -

The weekly NYSE composite AD MCO posted a +54 value last week, its highest level since July 2003. When the weekly AD MCO first traverses +50 after being below for awhile, higher prices typically follow and corrections are muted in the coming weeks. The weekly composite AD line continues posting new highs. Still running in front of the train - got miles to go.

 

[Show-me]

Sponsor,

I will stay with equities until I see MACD, Slow STO, and Wm%R turn down........or if the world blows up.:worried: I am see that the dollar index is up against the 200 dma. The trend is up on all equities, some are at the top of their channel It is earnings season, so my question is which one is/will perform the best. I will chase that dog when I get back from my day project. See ya.

Show -

With a rising dollar this is a fine move. QUESTION: will you consider changing to S, even if the I fund does not do well on Monday? or are you staying put in I, regardless? -

 

[airlift]

Good Stuff! -

What worries me is your first premise - if the World blows up. Speaking of exposions, that would be a big one, with no time to buy the lows! lol -

Sponsor,

I will stay with equities until I see MACD, Slow STO, and Wm%R turn down........or if the world blows up.:worried: I am see that the dollar index is up against the 200 dma. The trend is up on all equities, some are at the top of their channel It is earnings season, so my question is which one is/will perform the best. I will chase that dog when I get back from my day project. See ya.

 

[mayday]

Market Movers: Friday Nov 10th 8:30ET Bernanke speaks at conference in Frankfurt. Tues Nov 14th 8:30ET Producer Price Index PPI An early inflation gauge at the producer level. Tues Nov 14th 8:30ET Retail Sales Gives a sense of what people are buying. Thurs. Nov 16th Consumer Price Index CPI An inflation indicator. {The bond market will rally when increases in the CPI are small @ Fall when increases in CPI are large.} Thurs. Nov 16th 9:15ET Industrial Production {Stocks like healthy economic growth Bonds prefer more subdued growth Capital Utilization above 85% can lead to inflation Fed watches it closely.} Fri. Nov. 17th 8:30ET Housing Starts Ripple efect for home furnishings @ appliances.

 

[robo]

S&P 500 (SPX) & Nasdaq 100 (NDX) Timing
S&P 500 Index (SPX) Chart Analysis

Last week we wrote:

"...This time the late week selling (of the prior Friday) did set the tone for the following week as the SPX lost ground and has begun what could turn into a Wave 4 correction. It is still to soon to be sure. The stock market has had a good deal of momentum these past weeks so next week could easily just continue to power higher. But corrections are part of every advance and the current decline has the earmarks of one that could last awhile."



http://timing.typepad.com/timer/

 

[Birchtree]

That correction will arrive when there is only one man left still standing and waiting patiently. The Dow will be close to 13,000 and everyone will have thrown in the towel to join the bull except that one man that is still patiently waiting - waiting for Godot. Then and only then will the 10% or better be delivered.

 

[mayday]

Market mover Tues Durable goods Concensus -5.0% Range -8.8% to 3.0% Orders show how busy factories will be in the months to come. Increased expenditures on investment goods like electric machinery and computers set the stage for greater productivity and reduces the prospects for inflation. Bond market is sensitive to inflation.

 

[mayday]

Bernanke speaks tommorrow along with Durable goods Consumer confidence. Wed focus on GDP consensus 1.8% range 1.4% to 1.9% GDP deflator concensus 1.8% range 1.7% to 2.3%

 

[mayday]

Greenspan will speak at a lunch today. I think his comments might influence moves today also.

 

[Brett]

If the Euro is hot now because of paying higher interest rates, does that not put pressure on the Fed to, if not raise, certainly be hesitant on lowering rates?

 

[mayday]

If the Euro is hot now because of paying higher interest rates, does that not put pressure on the Fed to, if not raise, certainly be hesitant on lowering rates?

I'm not the fed. My opinion the fed has made it known that inflation is it's biggest concern. Raising rates would harm an already shaky housing market. Thats not good for stocks. Your talking about large money moving to the Euro for a higher rate could be but I don't think the fed is going to influence intrest rates beacuse of it.

 

[mayday]

manipulate instead of influence

 

[Birchtree]

The Fed is now expanding the monetary base once again to protect from potential recession. They keep up the talk about fighting inflation - the key is to watch what they do not what they say. The Fed is not market friendly.

 

[mayday]

The Fed is now expanding the monetary base once again to protect from potential recession. They keep up the talk about fighting inflation - the key is to watch what they do not what they say. The Fed is not market friendly.

I dont think there is any way to stop the recession from rearing its ugly head.

 

[mayday]

Tommorrow Personal Income and Outlays consensus 0.5% range 0.4% to0.8% Consumer Spending consensus 0.1% range -0.4% to 0.5% Jobless claims consensus 315K range 304K to 325K

 

[BeaverState]

September is historically the worst month. Of course, that sometimes makes it a great buying opportunity towards the end of the month.

 

[Birchtree]

Look for September to be a great month - dues have already been paid.

 

[tspforretirement]

Hello,

If this is just based upon opinion, then I'm bullish for the quarter (Oct-Dec 07).

Consumer confidence and savings is a factor, though, since this is the "buying" season.

Then we have the "regret" season next quarter.