Chart In Focus
March 24, 2023
Baltic Dry Index As Leading Indication
The Baltic Dry Index (BDI) makes for an interesting but imperfect leading indicator for the movements of stock prices. I don’t know exactly why this works, and why occasionally it stops working, but the relationship has been going on for years and so at some point one just stops asking why. In this week’s chart, the plot of the BDI is shifted forward in the chart by 26 trading days. I have used 24TD before, and at the moment a 26TD lag time seems to be working better. I do this shift in the chart to make it easier to see… more
Past Charts in Focus
Mar 15, 2023
VIX Index Above All Of Its Futures
Mar 09, 2023
Nasdaq/NYSE Volume Ratio Says No Price Bottom Yet
Mar 03, 2023
Three Signs Employment Is Going to Take a Hit
Feb 23, 2023
There is Less Junk Than There Used To Be
Feb 17, 2023
HY Bond A-D Line Showing Liquidity Problem
Feb 09, 2023
Golden Cross Carries Some Little-Known Magic
Feb 03, 2023
Gold Breakdown
Jan 27, 2023
Gold’s Price Oscillator
Jan 20, 2023
Eurodollar COT Model Calls for July 2023 Top For Short Term Rates
Jan 11, 2023
Stock Market Finally Breaking 2008 Analog
Jan 05, 2023
TIPS Divergence Is A Bad Sign For Gold
Dec 30, 2022
3rd Year of Presidential Term Is Supposed To Be Bullish
Dec 23, 2022
M2 Shrinking, GDP Rising, a Bad Recipe For Stocks
Dec 15, 2022
Federal Government Not Ready For High Rates
Dec 01, 2022
The Gold Move that ETF Traders Were Not Betting On
Nov 23, 2022
Extreme Reading on McClellan Oscillator for Bonds
Nov 07, 2022
Understanding Correlation Coefficients
Nov 03, 2022
Gold’s Message For Crude Oil
Oct 28, 2022
Timing the Start of a Recession
Oct 20, 2022
Coppock Curve Still Working On a Major Bottom Signal
Oct 14, 2022
No Bullish Message Yet From Bond CEF A-D Line
Oct 07, 2022
COT Report Data Work Backwards in Bitcoin
Sep 22, 2022
Inverted Yield Curve Means 2024 Bottom
Sep 08, 2022
A Rainbow Convergence and a Head and Shoulders
Aug 31, 2022
Sprott Physical Gold Trust As A Sentiment Tool
Aug 26, 2022
A Signal Called Fishhook in Gold
Aug 17, 2022
5.31-Year Cycle In CPI Inflation Rate
Aug 10, 2022
Sentiment Rebounding Too Much
Aug 04, 2022
Gold ETFs Being Shunned During Price Upturn
Jul 28, 2022
JOLTS Data Following NYSE A-D Line Downward
Jul 21, 2022
A Subtle Message in the Volume Summation Index
Jul 15, 2022
Wild Times for the Copper/Gold Ratio
Jul 07, 2022
A Curious Backwardation Behavior in Oil Futures
Jun 30, 2022
Silver’s Small Speculators Are Giving Up Hope
Jun 17, 2022
Corporate Bonds Show Oversold Condition For T-Bonds
Jun 10, 2022
Anemic High-Yield Bond A-D Line
Jun 03, 2022
Flat M2 Growth Means Flat Period For Stocks
May 26, 2022
Gasoline Consumption Rebounding, But Still Down
May 20, 2022
Lumber’s Pullback is a Message for Real Estate
May 13, 2022
Investors Intelligence Data at Bearish Extreme
May 06, 2022
The Bad Things That QT3 Will Bring
Apr 28, 2022
Dollar’s 8-year Cycle
Apr 19, 2022
Edson Gould’s Daily Point Index
Apr 14, 2022
Multiyear Records for AAII Survey
Apr 07, 2022
T-Bond Yields Following Gold’s Footsteps
Apr 01, 2022
Put/Call Ratio Range Shift
Mar 26, 2022
Unemployment Rate Will Turn Up
Mar 18, 2022
Drawdown in NDX Stocks
Mar 11, 2022
Continued Weakness in High Yield Bonds
Mar 04, 2022
Flattening Phase of Yield Curve Cycle
Feb 25, 2022
Investors Intelligence Data Nearing Parity
Feb 16, 2022
Tin and the Dollar: A Curious Relationship
Even More Past Charts
Feb 04, 2022 - Oil/Gold Ratio- Jan 27, 2022 - Another Oversold 10% Trend of Daily A-D
- Jan 20, 2022 - The Baltic Dry Index’s Imperfect Message for Stocks
- Jan 13, 2022 - Bond CEF A-D Line Showing Liquidity Problems
- Jan 06, 2022 - Failed Initiation in NDX McClellan Oscillator
- Dec 30, 2021 - Investors Still Don’t Like GLD and IAU
- Dec 17, 2021 - The Planet Has Something to Say About Inflation Being “Transitory”
- Dec 10, 2021 - 2-Year Yield Putting Pressure on Fed to Raise Rates
- Dec 03, 2021 - An Oversold 10% Trend of Daily A-D
- Nov 26, 2021 - RASI Failed At +500, Bad News For Bulls
- Nov 18, 2021 - Exploring the Mysteries of Seasonality
- Nov 12, 2021 - Borrowing a Sentiment Tool From the Yen To Use With Gold
- Nov 04, 2021 - Troubling Divergence in HY Bond A-D Line
- Oct 29, 2021 - Uranium’s Message For Gold into 2022
- Oct 21, 2021 - Treasury-Bund Yield Spread Shows Troubling Divergence
- Oct 13, 2021 - Why Presidents Should Care About Oil Prices
- Oct 08, 2021 - Oil’s Leading Indication for Yields Working Again
- Sep 30, 2021 - Gold Says Oil Prices Heading Higher into 2022
- Sep 16, 2021 - Seasonal Stress Sparks Sentiment Swoon
- Sep 10, 2021 - High Yield Bond A-D Line Resolves Divergence
- Sep 02, 2021 - Seasonal Turns Arriving Early
- Aug 27, 2021 - A-D Line’s Troubling Divergence
- Aug 20, 2021 - Waning Number of NDX Stocks In The Uptrend
- Aug 12, 2021 - What Happens to Gold When Real Yields Go Too Far
- Aug 05, 2021 - Taxes Too Darned High, Retarding The Economy
- Jul 22, 2021 - Big Weekly Drop In Investors Intelligence Data
- Jul 14, 2021 - A Useful Misuse of Correlation Coefficient with VIX Index
- Jul 07, 2021 - Stock Market Acting Like We Have a 2nd Term President
- Jul 02, 2021 - Gold and Dollar Share an 8-Year Cycle Period
- Jun 24, 2021 - VIX Open Interest Is Falling, Which is NOT a Feature of Price Tops
- Jun 17, 2021 - Tin Has a Message For the Dollar
- Jun 10, 2021 - Seasonality Versus The Fed
- Jun 03, 2021 - NDX:SPX Relative Strength Ratio
- May 28, 2021 - Real Estate Boom in 2021 is Fueled By Demographics
- May 21, 2021 - Pause Coming For The Rise In Interest Rates
- May 14, 2021 - GLD Assets Still Lagging Gold’s Rise
- May 06, 2021 - Gold’s 13-1/2 Month Cycle In Up Phase
- Apr 30, 2021 - How Valuation Behavior Has Changed Over The Years
- Apr 22, 2021 - Lumber Blowoff and Falling Open Interest
- Apr 15, 2021 - NDX Stocks Above 100MA
- Apr 07, 2021 - The Message of a Bumpy Summation Index
- Apr 02, 2021 - Clarifying Oil’s 10-Year Message For Stocks
- Mar 19, 2021 - Are Deficits Bullish For Gold?
- Mar 12, 2021 - Another New A-D Line High
- Mar 04, 2021 - Bitcoin’s Quirky Leading Indication for Stocks
- Feb 26, 2021 - Yield Curve Steepening, and Small Caps
- Feb 18, 2021 - Simple Vs. Complex Oscillator Structures
- Feb 11, 2021 - Understanding M2 and Stocks
- Feb 04, 2021 - Bond CEF A-D Line Confirming Higher Price Highs
- Jan 29, 2021 - VIX Analog Shows Pop Was On Schedule
- Jan 21, 2021 - Looking Deeper at the NAAIM Survey Data
- Jan 14, 2021 - Gold Leads Interest Rates
- Jan 07, 2021 - Extreme Point for Nasdaq Volume
- Dec 30, 2020 - COT Data for Canadian Dollar Has Message for Oil
- Dec 17, 2020 - Bitcoin as Messenger
- Dec 10, 2020 - Fosback Absolute Breadth Ratio Says This Is Not A Top
- Dec 03, 2020 - Gold Prices and Full Moons
- Nov 13, 2020 - Bumpy Price Oscillator in GDM
- Nov 05, 2020 - Post El Niño Cooling Means a Bottom Soon For Bond Yields
- Oct 30, 2020 - Stocks and Polls - Different This Time?
- Oct 23, 2020 - VIX Open Interest Says This is Not a Top
- Oct 15, 2020 - Gold Prices Lead Interest Rates
- Oct 01, 2020 - Presidential Cycle Pattern Calls for Choppy October
- Sep 24, 2020 - Gold and Small Caps, A Broken Relationship
- Sep 18, 2020 - Is QE Good For Gold Prices?
- Sep 10, 2020 - Circling Back to a Recent Non-Divergence
- Sep 03, 2020 - COT Report Data on Copper
- Aug 27, 2020 - Rainbow Convergence In T-Bond Prices
- Aug 20, 2020 - Commercial Traders Are Long Dollar Index Futures
- Aug 13, 2020 - Gold and Consumer Sentiment - The Linkage
- Aug 06, 2020 - Lumber Prices Outpacing Timber
- Jul 31, 2020 - Corn and Wheat Prices Headed Higher
- Jul 24, 2020 - Silver Blowoff
- Jul 16, 2020 - Crude Oil: Uptrend to October
- Jul 10, 2020 - Traders Chase QQQ, “The Only Thing Working”
- Jun 30, 2020 - Crude Oil 10-Year Lead Update
- Jun 17, 2020 - Copper/Gold Ratio
- Jun 11, 2020 - Rogue Wave Follow Up
- Jun 04, 2020 - Non-Divergences Are Better Than Divergences
- May 28, 2020 - Unemployment Is Not “Good”, But It Is Bullish
- May 20, 2020 - Higher High for HY Bond A-D Line
- May 14, 2020 - Gold’s Choppiness Index
- May 07, 2020 - Investors Fleeing Out of SPY
- May 01, 2020 - Dow Stocks’ Behavior Says More Uptrend Ahead
- Apr 23, 2020 - VIX Open Interest Still Lagging Price Rebound
- Apr 14, 2020 - Covid-19’s Effect on CO2 Levels
- Apr 09, 2020 - Don’t Tug On Superman’s Cape
- Apr 02, 2020 - Sudden Surge in Bearishness
- Mar 26, 2020 - QE is Bullish for Stocks, Bearish for Bonds
- Mar 19, 2020 - Stock Market Showing Another Example of “Rogue Wave” Behavior
- Mar 12, 2020 - Gold Moving Lower Despite Covid-19
- Mar 05, 2020 - VIX Rise Overdone, But Part of Enduring Trend
- Feb 28, 2020 - Fed Pulling Back from Repos at The Wrong Time
- Feb 20, 2020 - It Takes 15 Months for Yield Curve Inversion To Be Felt
- Feb 13, 2020 - Crude Oil’s Drop Was Foretold by Gold
- Feb 06, 2020 - Choppy or Simple Structures in McClellan Oscillator
- Jan 31, 2020 - How are Stocks Going Up While Earnings Go Down?
- Jan 23, 2020 - Small Cap Underperformance Is Not Over
- Jan 16, 2020 - SPY Number of Shares Outstanding Continuing to Rise
- Jan 09, 2020 - VIX Is Not Confirming Higher Prices
- Jan 03, 2020 - Fed Funds COT Leading Indication
- Dec 27, 2019 - Gold COT Data Call for More of a Drop
- Dec 13, 2019 - Big Rise Coming in Food Prices
- Dec 06, 2019 - Presidential Cycle Pattern and an Election Year
- Nov 27, 2019 - Nasdaq A-D Line Lagging, Does Not Matter
- Nov 22, 2019 - Squeeze Is Building in Industrial Metals
- Nov 15, 2019 - EMA or SMA: Which is Better?
- Nov 08, 2019 - Treasury Department Is Not Biting Too Hard
- Oct 31, 2019 - EEM Leading The Way Higher
- Oct 24, 2019 - Volumetility
- Oct 17, 2019 - Eurodollar COT Model Calls For Continued Rates Drop
- Oct 10, 2019 - Seasonal Inflection Point Has Moved Earlier
- Oct 03, 2019 - AAII Survey Shows Sentiment Washout
- Sep 19, 2019 - Yield Curve and Small Caps
- Sep 12, 2019 - Trump Thinks He Wants Low Rates Like Europe, But Be Careful What You Ask For
- Sep 05, 2019 - Bond Yields Stretched Far From Oil’s Message
- Aug 30, 2019 - Crude Oil’s 10-Year Message
- Aug 22, 2019 - Inverted Yield Curve, and Small Caps
- Aug 15, 2019 - Equity Put/Call Volume Ratio’s 21-Day MA
- Aug 07, 2019 - When the Flight To Quality Goes Too Far
- Aug 01, 2019 - Quiet McClellan Oscillator is a Tell For a Top
- Jul 25, 2019 - Fed Needs a Half Point Cut Now, and More Soon
- Jul 18, 2019 - QQQ Volume Showing Us Sign of a Top
- Jul 10, 2019 - Upturn Ahead for T-Bond Yields
- Jun 27, 2019 - Gold’s Dollar-Price Breakout Started With A Yuan-Priced Breakout
- Jun 20, 2019 - High Grade Bond Summation Index
- Jun 13, 2019 - When Underperformance Reaches An Extreme
- Jun 06, 2019 - High Yield Bonds Back to Bullish Mode
- May 30, 2019 - Fosback Absolute Breadth, An Old Indicator That is Still Useful
- May 23, 2019 - Baltic Dry Index Leads Stock Prices
- May 16, 2019 - On the Fickle Correlation Between Stocks and Oil Prices
- May 09, 2019 - JOLTS Data Stumble, but A-D Line Says Don’t Worry
- May 03, 2019 - A New VIX Indicator (That’s Really Not All That New)
- Apr 25, 2019 - Lofty RASI Says Uptrend Is Not Done Yet
- Apr 17, 2019 - Lumber Gets Its Mojo Back
- Apr 12, 2019 - 2-Year Yield and Fed Funds Finally in Balance
- Apr 05, 2019 - VIX Futures Open Interest
- Mar 28, 2019 - Bond CEF A-D Line Showing Big Strength
- Mar 22, 2019 - How Lumber Lost Its Mojo as Economic Indicator
- Mar 14, 2019 - Price = Sentiment
- Mar 08, 2019 - Yield Curve Really Does Matter for Unemployment
- Feb 21, 2019 - Gold’s Fellow Travelers Refute Its Higher High
- Feb 14, 2019 - 50 Years Since Creation of the McClellan Oscillator
- Feb 07, 2019 - Rainbow Convergence: Some Charting Magic
- Jan 31, 2019 - As Goes January…? Really?
- Jan 24, 2019 - Junk Bond Strength is Bullish For Stocks
- Jan 17, 2019 - Countertrend Rally or New Uptrend? RASI Holds The Key
- Jan 09, 2019 - Crude Oil Leads Bond Yields
- Jan 04, 2019 - Santa Claus’ Report Card Is In
- Dec 27, 2018 - Finally a 10-1 Up-Volume Day
- Dec 20, 2018 - T-Bond Blowoff Top Signaled
- Dec 12, 2018 - Lumber Sees Rogue Wave, Now Ready For a Bounce
- Dec 06, 2018 - Mortgage Rates Explain Housing Weakness
- Nov 29, 2018 - Consumer Discretionary Sector Shows Enormity of the Beat-Down
- Nov 15, 2018 - Oil’s Drop Bigger Than Called For, But Right On Schedule
- Nov 08, 2018 - Sunspots and the Stock Market: A Weak Relationship
- Oct 29, 2018 - AAPL Still Following Its Quarterly Pattern
- Oct 25, 2018 - NDX Stocks Showing The Oversold Condition
- Oct 17, 2018 - 4 Years Ago, and Again Today
- Oct 05, 2018 - A-D Line Diverging
- Sep 28, 2018 - Ten Hindenburgs So Far
- Sep 20, 2018 - Gold Now Bound to the Yuan
- Sep 13, 2018 - What Happened to the Eurodollar COT Model?
- Sep 06, 2018 - DJIA/Gold Ratio
- Aug 30, 2018 - Deja Voodoo, 1994 Edition
- Aug 24, 2018 - Architecture Billings Index Flashes Warning on Economy
- Aug 16, 2018 - AAPL’s Quarterly Price Pattern
- Aug 09, 2018 - How Seasonality Has Changed
- Aug 02, 2018 - Investors Intelligence Bull-Bear Spread
- Jul 19, 2018 - The Supposed Superiority of Common Only A-D Data
- Jul 13, 2018 - Friday Reveals Event Risk Complacency
- Jun 29, 2018 - Japanese Yen Disagrees With Gold
- Jun 21, 2018 - Bumpiness Signals Weakness
- Jun 13, 2018 - Treasury-Bund Spread Just Gave Stocks New Life
- Jun 08, 2018 - Too Much Love for QQQ
- May 31, 2018 - Waiting on the Echo of Crude Oil’s Big Drop
- May 24, 2018 - A Fresh Look at Lumber and Housing Stocks
- May 18, 2018 - What Happened to the Presidential Cycle?
- May 11, 2018 - Bitcoin Still Blazing Trail for Stocks
- May 03, 2018 - Gold/Silver Ratio
- Apr 26, 2018 - Deficits and Gold
- Apr 20, 2018 - 3 Months Into Tax Relief, How It Is Going
- Apr 13, 2018 - Fed is Behind, But Still Screwing Up
- Apr 05, 2018 - Backmasking The DJIA’s Price Pattern
- Mar 30, 2018 - What Really Drives the Arms Index
- Mar 22, 2018 - Crude Oil Swooping Up On Schedule
- Mar 14, 2018 - High Grade Bond Summation Index Oversold
- Mar 08, 2018 - A Follow-Up On 3 Charts
- Mar 02, 2018 - It’s the Fed, Yanking The Punchbowl
- Feb 23, 2018 - Volatility and Interest Rates
- Feb 15, 2018 - Stock Market In a Rogue Wave
- Feb 09, 2018 - Big Change In Bull-Bear Spread
- Feb 03, 2018 - VIX Spike Takes it Above All of its Futures
- Jan 25, 2018 - Finally, An Actual Use For Bitcoin
- Jan 18, 2018 - Ending How It Began (Parabolically)?
- Jan 11, 2018 - The Chart That Worries Me: HY Bond A-D Line
- Jan 04, 2018 - Gold in Euros Not Confirming
- Dec 29, 2017 - Gold’s 8-year Cycle
- Dec 20, 2017 - Architecture Billing Index Shows Continued Growth
- Dec 15, 2017 - Confidence, and What Comes With It
- Dec 08, 2017 - Conflicting Messages for Crude Oil
- Dec 01, 2017 - QQQ Volume Gave Us a Tell
- Nov 24, 2017 - Running Out of Workers
- Nov 15, 2017 - China’s 10-year Yield Bumping 4%
- Nov 10, 2017 - The New FANG Plus
- Nov 02, 2017 - Crude Oil Backwardation
- Oct 27, 2017 - Bond McClellan Oscillator Almost Oversold
- Oct 20, 2017 - AAPL Not Confirming Market’s Higher Highs
- Oct 13, 2017 - Treasury-Bund Spread Says Dollar Has More Room to Fall
- Oct 05, 2017 - Another Narrow Range for McClellan Oscillator
- Sep 28, 2017 - Coppock Curve for DJIA Getting Up to High Level
- Sep 20, 2017 - XIV Volume Showing Sign of a Price Top
- Sep 13, 2017 - Silver COT: Commercials Betting Against Breakout
- Sep 07, 2017 - Gold’s 13-1/2 Month Cycle: Right Translation
- Aug 31, 2017 - GLD Assets Spike Higher
- Aug 24, 2017 - Years Ending In 7
- Aug 17, 2017 - Warm Temperatures Mean Lower Inflation, To a Point
- Aug 11, 2017 - Volume in VXX Is A Tell For Price Bottoms
- Aug 03, 2017 - DJIA Arriving at the Real Seasonal Peak
- Jul 27, 2017 - How VIX Ends A Long Run of Low Values
- Jul 21, 2017 - Why Are Bond Yields Staying Low?
- Jul 14, 2017 - A Different Sort of Presidential Cycle
- Jul 07, 2017 - Phillips Curve Is Not Even Wrong
- Jun 30, 2017 - Treasury-Bund Spread Gives Early Warning of the End
- Jun 23, 2017 - Narrow Range for McClellan Oscillator
- Jun 15, 2017 - Correlation Between VIX and SP500
- Jun 08, 2017 - The Unexplainable 4-Year Rerun
- Jun 02, 2017 - When Not To Go Short Volatility
- May 25, 2017 - Junk Bonds Don’t Confirm Higher Highs
- May 20, 2017 - Will Labor Shortage Kill Housing Boom?
- May 12, 2017 - China Is Pulling U.S. Bond Yields Higher
- Apr 27, 2017 - High-Yield Bond A-D Line
- Apr 20, 2017 - Is Iron Ore Weighing Down Stock Market?
- Apr 15, 2017 - Gold Resolves Some Bearish Divergences
- Apr 07, 2017 - AAII Survey Readings Nearing A Bottom Indication
- Mar 31, 2017 - Lumber and Eurodollars: A Curious Intermarket Relationship
- Mar 24, 2017 - Why Don’t We Use Just Common-Only A-D Numbers?
- Mar 17, 2017 - DJI Oscillator Positive Index
- Mar 10, 2017 - Huge Imbalance in Crude Oil Positions
- Mar 03, 2017 - Higher Drug Related Fatal Crashes After Marijuana Legalization
- Feb 24, 2017 - SPECIAL EDITION - Bitcoin Follow Up
- Feb 23, 2017 - Crude Oil Foretold the Trump Rally 10 Years Ago
- Feb 17, 2017 - VIX Futures Traders Finally Getting Complacent
- Feb 09, 2017 - Low QQQ Volume a Sign of a Top
- Feb 02, 2017 - A-D Line New High
- Jan 26, 2017 - Bitcoin is a Bubble We’ve Seen Before
- Jan 19, 2017 - High AMO Says Rates Should Stay Low
- Jan 12, 2017 - Stock Market Still Following Path of 4 Years Ago
- Jan 06, 2017 - Debt or DJIA: Who Gets to 20* First?
- Dec 28, 2016 - Copper Leads The Way Lower for Bond Yields
- Dec 22, 2016 - SPY Assets Zooming Higher
- Dec 15, 2016 - Lumber’s Message For Interest Rates
- Dec 10, 2016 - Bonds and Gold in Unusual Correlation
- Dec 01, 2016 - McClellan Oscillator for Corporate Bonds
- Nov 25, 2016 - Peculiar Move by Dollar and Small Caps
- Nov 17, 2016 - Copper Spike
- Nov 10, 2016 - The Market, Under a New President
- Nov 03, 2016 - My Final 2016 Poll Analysis
- Oct 27, 2016 - Gold’s 13-1/2 Month Cycle Low
- Oct 20, 2016 - The Post-Election Stock Market
- Oct 13, 2016 - DJIA, And the Echo of 2007-08 Oil Blowoff
- Oct 06, 2016 - Big Drops Do Not Mark Final Gold Bottoms
- Sep 29, 2016 - VIX Well Below Its Futures Contracts
- Sep 22, 2016 - Bond Market Knows What Fed Should Do
- Sep 14, 2016 - McClellan Oscillator for High Yield Bond A-D Data
- Sep 08, 2016 - DJIA Leads Poll Numbers
- Sep 02, 2016 - US Oil Inventories at Record Level
- Aug 25, 2016 - Echo Boomers Will Fire Up Housing Market
- Aug 18, 2016 - Gold Bound To The Yen
- Aug 12, 2016 - Quietest Range In 2 Decades
- Aug 04, 2016 - Finding a Triangle Hiding In The Chaos
- Jul 28, 2016 - Some True Stats About Crime Rates
- Jul 22, 2016 - SPY Shares Outstanding Showing Topping Condition
- Jul 13, 2016 - Gobs of Breadth: The Haurlan Index
- Jul 07, 2016 - NIRP Disrupting 60-Year Cycle
- Jun 30, 2016 - Brexit Vote Brings a 10-1 Down Volume Day
- Jun 24, 2016 - Uranium’s Bearish Message for Gold
- Jun 09, 2016 - ECB QE Doing Opposite of Objective
- Jun 02, 2016 - Dollar’s Up Move Not Confirmed by Stocks
- May 26, 2016 - El Niño, La Niña, & The Stock Market
- May 19, 2016 - Major Cycle Low Upcoming in Gold
- May 13, 2016 - Strong Summation Index Promises Higher Highs
- May 06, 2016 - A May-November Relationship
- Apr 28, 2016 - T-Bonds Repeating Pattern of Year Ago
- Apr 21, 2016 - NAAIM Exposure Index Highest In A Year
- Apr 15, 2016 - Fishhook Signal For Gold
- Apr 07, 2016 - Eurodollar COT Throws a Curveball
- Apr 02, 2016 - Big-Money Traders Are Short T-Bonds Big-Time
- Mar 23, 2016 - Too Fast of a Sentiment Swing
- Mar 17, 2016 - Bad News: People Are Saving More
- Mar 10, 2016 - Highest McClellan Oscillator in 7 Years
- Mar 03, 2016 - Gold Preps For New Trending Move
- Feb 24, 2016 - Closing TICK As a Sentiment Tool
- Feb 18, 2016 - VXX Shares Outstanding Data Work Differently
- Feb 11, 2016 - We Americans Are a Pessimistic Lot
- Feb 04, 2016 - GLD Assets Show Resurgent Interest in Gold
- Jan 27, 2016 - Why Lower Gasoline Prices Are Not Stimulating Economy
- Jan 21, 2016 - Housing Stocks Falling On Schedule
- Jan 15, 2016 - Groundhog Day in T-Bonds
- Jan 08, 2016 - Stock Market Committed to 2008 Scenario
- Dec 30, 2015 - Dallas Fed’s Signs of Recession
- Dec 23, 2015 - New York Weather Is Bearish
- Dec 17, 2015 - Fed Still Behind The Power Curve
- Dec 11, 2015 - Is this 2012, or 2008?
- Dec 03, 2015 - Gold Sentiment Washout
- Nov 26, 2015 - Debt vs. Equity
- Nov 19, 2015 - Housing Starts - Lumber’s Message
- Nov 12, 2015 - Copper Priced in Japanese Yen
- Nov 05, 2015 - Nasdaq’s Rapid Pop
- Oct 30, 2015 - COT Data For Gold At Topworthy Level
- Oct 22, 2015 - Tracking Data on Police Officer Deaths
- Oct 16, 2015 - McClellan Oscillator Interpretation
- Oct 09, 2015 - Zweig Breadth Thrust Signal
- Sep 30, 2015 - Spending Our Grandchildren’s Money
- Sep 24, 2015 - Bund Spread Gives Permission for Bear Market
- Sep 17, 2015 - Misplaced Optimism on Housing
- Sep 10, 2015 - VIX Above All of Its Futures Contracts
- Sep 04, 2015 - DJIA’s Proportional Price Oscillator
- Aug 28, 2015 - Correctly Defining “Bear Market”
- Aug 21, 2015 - Eurodollar COT Says Ugly Drop Is Still Ahead of Us
- Aug 13, 2015 - Shanghai’s Crash
- Aug 07, 2015 - Peso’s Message For Crude Oil
- Jul 30, 2015 - Debunking the Fed as the Controller of Inflation
- Jul 24, 2015 - RASI Shows Bull Market Waning
- Jul 17, 2015 - Gold Priced In Euros Has Gone Quiet
- Jul 06, 2015 - Gold Shows Real Reason for Oil’s Dip
- Jul 02, 2015 - QQQ Volume Spikes on Selloff
- Jun 18, 2015 - British Pound’s July Turning Point
- Jun 11, 2015 - The Magic of 150 Months
- Jun 04, 2015 - Uranium and Gold, Part II
- May 28, 2015 - Uranium and Gold, a Peculiar Correlation
- May 21, 2015 - Crude Oil Leads Bond Yields
- May 14, 2015 - Consumer Sentiment Still Forecasts Employment Growth
- May 07, 2015 - Eurodollar COT’s Leading Indication
- Apr 30, 2015 - Obama’s 2nd Term Much Like 1st for Stock Market
- Apr 23, 2015 - Volume Data Have Eased One Concern
- Apr 16, 2015 - US Taxes Returning to Economy-Killing Level
- Apr 09, 2015 - Crude Oil COT Report Data
- Mar 26, 2015 - No Bear Market Signal Yet From Housing
- Mar 19, 2015 - Global Temps Call for 2015 Yield Bottom
- Mar 10, 2015 - The Real Relationship Between Dollar and Stock Market
- Feb 26, 2015 - 2-Year T-Note Shows Path For FOMC
- Feb 19, 2015 - Architecture Billings Index Flashes Warning
- Feb 12, 2015 - Crude Oil Leads the Euro
- Feb 05, 2015 - Pessimism Evident in QQQ Shares Outstanding
- Jan 29, 2015 - Dollar Is Wandering Off Track
- Jan 22, 2015 - Utilities Leading the Market Higher
- Jan 17, 2015 - The 18% Recession Threshold
- Jan 09, 2015 - Deficits Are Good, Sort Of
- Jan 02, 2015 - Euro Is Ripe For An Upturn
- Dec 24, 2014 - Oil Follows Gold’s Crash Pattern
- Dec 19, 2014 - Yield Curve’s Effect Thwarted By Fed’s Actions
- Dec 11, 2014 - What Hindenburg Omens and an Oil Crash Mean
- Dec 05, 2014 - Capitulation Not Over in Crude Oil
- Nov 27, 2014 - GOFO Squeeze
- Nov 20, 2014 - T-Bond Open Interest Peak Looming
- Nov 14, 2014 - More Good News for Employment
- Nov 06, 2014 - More from Investors Intelligence Data
- Oct 30, 2014 - Insights from Investors Intelligence Data
- Oct 23, 2014 - Deflation Is Getting Too Popular
- Oct 16, 2014 - Summation Index Rate Of Change
- Oct 09, 2014 - COT Data Show A Bottom For Copper
- Oct 03, 2014 - Commercials Betting On Big Dollar Downturn
- Sep 25, 2014 - September Seasonality Finally Shows Up
- Sep 18, 2014 - A Gasoline BOTTOM?!!
- Sep 11, 2014 - Gold - Watch the €1000 Level
- Sep 04, 2014 - T-Bond Open Interest At a Peak
- Aug 28, 2014 - A-D Line Foretells Job Openings
- Aug 22, 2014 - Small Cap Relative Strength
- Aug 15, 2014 - Grains Down, Beef Up
- Aug 07, 2014 - 2nd Presidential Years Are Different
- Jul 31, 2014 - A Scary Valuation Indicator
- Jul 24, 2014 - A-D Line Divergence Again
- Jul 17, 2014 - Fishing Around For a Gold Cycle Bottom
- Jul 10, 2014 - Inflation Arriving For A Short Stay
- Jul 03, 2014 - Alarming Sign in NDX Stocks’ Drawdown
- Jun 27, 2014 - Still The Only Chart That Matters
- Jun 19, 2014 - Crude Oil Abnormally Quiet
- Jun 12, 2014 - VIX Below 12!
- Jun 05, 2014 - A-D Line New High Offers Some Immunity
- May 29, 2014 - Equity Options vs. Index Options
- May 22, 2014 - ETF Volume is Different
- May 15, 2014 - Crude Oil Says DJIA Should Trend Higher
- May 08, 2014 - Fed Funds COT: A Fun Leading Indicator
- May 01, 2014 - Discretionary vs. Staples
- Apr 24, 2014 - Bond CEF Update: Liquidity Is Plentiful
- Apr 17, 2014 - Gold’s Cycle is in Left Translation
- Apr 10, 2014 - Household Debt Shrinking
- Apr 03, 2014 - Bund Spread’s Message for the Stock Market
- Mar 27, 2014 - Crude Oil Commercial Traders Bet on Decline
- Mar 21, 2014 - Gold Bugs Cheer The Rain
- Mar 13, 2014 - Copper Breaking Its Correlation
- Mar 06, 2014 - A Divergence Among Nasdaq 100 Stocks
- Feb 27, 2014 - Housing Stocks Due for a Dip
- Feb 20, 2014 - Yield Curve’s Message For GDP
- Feb 13, 2014 - Can Earnings Get Better Than This?
- Feb 06, 2014 - Coppock Curve Turns Down
- Jan 30, 2014 - Yield Spread Model Calls For 2014 Stock Market Low
- Jan 23, 2014 - Important Points About The Minimum Wage
- Jan 16, 2014 - Gold Breaks Downtrend, Sort Of
- Jan 09, 2014 - Presidential Cycle Inverting?
- Jan 02, 2014 - VIX ETN Not Right For Investors
- Dec 19, 2013 - A-D Line Divergence
- Dec 12, 2013 - A Review of Analogs
- Dec 06, 2013 - Gold COT Data Again Proclaiming a Price Bottom
- Nov 27, 2013 - 1929 Analog
- Nov 21, 2013 - Perhaps The Only Chart That Matters (For Now)
- Nov 14, 2013 - Bond Yields Say More Downside For Dollar
- Nov 07, 2013 - Housing Stocks To Pop Up Into 2014
- Oct 31, 2013 - ETF Investors Still Hating Gold
- Oct 24, 2013 - Good News: We Are THIS Close
- Oct 18, 2013 - Rydex Money Market Fund Assets Low
- Oct 11, 2013 - New Highs’ Divergence
- Oct 04, 2013 - Summation Indices’ Messages
- Sep 27, 2013 - Seasonal Pattern
- Sep 19, 2013 - A Cooling Planet Means Price Inflation
- Sep 10, 2013 - Bond CEFs Still Say Liquidity is in Trouble
- Aug 29, 2013 - Gold Says Wheat Prices To Drop
- Aug 22, 2013 - Gold’s 13-1/2 Month Cycle
- Aug 15, 2013 - Corporate Raiders Make a Run At Apple
- Aug 07, 2013 - Nasdaq A-D Line Does Not Work As Well
- Aug 01, 2013 - U.S. Nearly Alone In Making New Price Highs
- Jul 25, 2013 - Is Shrinking Arctic Ice a Bad Thing?
- Jul 19, 2013 - Huge Backwardation In Crude Oil
- Jul 11, 2013 - Supposed Breadth Thrust Signal Actually Just Missed
- Jun 26, 2013 - Gold is Following in Stock Market’s 2009 Footsteps
- Jun 20, 2013 - SP500 Following In 1998’s Footsteps
- Jun 14, 2013 - Gold COT Data Show Bottoming Condition
- Jun 06, 2013 - Hindenburg and Titanic, OH MY!
- May 31, 2013 - M2’s Slow Growth Creates Opportunity in Bonds
- May 24, 2013 - Gold Coins Can Bring a Message
- May 16, 2013 - “Open” Arms Index Shows Overbought Condition
- May 10, 2013 - Apple Still Following Microsoft’s Footsteps
- Apr 25, 2013 - Bond Funds Now Say Liquidity Restored
- Apr 18, 2013 - Copper Inventories Rising
- Apr 11, 2013 - Tax Collections Up in 2013
- Apr 05, 2013 - Bond CEFs Now Saying Liquidity Is In Trouble
- Mar 29, 2013 - The Myth of Earnings’ Importance
- Mar 22, 2013 - Gold Priced in Euros Looks Stronger
- Mar 15, 2013 - Canada, Mexico, and Oil Prices
- Mar 08, 2013 - GE says Dow’s New High is Suspect
- Feb 28, 2013 - The Euro/Yen Cross Rate
- Feb 21, 2013 - Gold’s Triangle Objectives Met
- Feb 14, 2013 - Fed’s POMOs Keep Market Aloft
- Feb 07, 2013 - ECB’s Shrinking Balance Sheet
- Feb 01, 2013 - How A Market Cycle Can Change
- Jan 24, 2013 - After The Fall, Revisiting Apple and RCA
- Jan 11, 2013 - The Disappearing Volume
- Jan 04, 2013 - Employment Levels Stubbornly Unresponsive
- Dec 27, 2012 - Another Use For the Yield Curve
- Dec 20, 2012 - Steep Yield Curve Does Not Offer Complete Immunity
- Dec 13, 2012 - ETF Float As A Sentiment Indicator
- Dec 06, 2012 - The Market is Almost Never “Normal”
- Nov 29, 2012 - Why Increased Revenues Won’t Solve Fiscal Cliff
- Nov 15, 2012 - Summation Index’s Magic Tricks
- Nov 08, 2012 - Apple Walking In RCA’s Footsteps
- Nov 02, 2012 - My Final Pre-Election Forecast
- Oct 25, 2012 - Architecture Billings Index says Q3 GDP should be muted
- Oct 19, 2012 - Market and Polling Not Following the Typical Pattern
- Oct 12, 2012 - 40-year Cycle In DJIA
- Oct 05, 2012 - Americans Really Are Using Less Gas
- Sep 28, 2012 - NYSE New Highs Data Say Uptrend Not Done Yet
- Sep 21, 2012 - Unemployment to Turn Up in 2013
- Sep 14, 2012 - T-Bond String Of Down Days Creates Oversold Condition
- Sep 08, 2012 - Election Year Differences
- Aug 31, 2012 - Friday Is A Better Indicator Than Monday
- Aug 24, 2012 - Total Dollar Volume Not So Bad
- Aug 17, 2012 - Taking a Look at COT Data For The Euro
- Aug 10, 2012 - Open Interest Gives A “Tell” For T-Bonds
- Jul 27, 2012 - The Real Cause of Higher Grain Prices
- Jul 20, 2012 - GE’s Share Price Has Message For Market
- Jul 13, 2012 - Stock Market Says We Can’t Solve Budget Problems With Taxes Alone
- Jul 06, 2012 - Relative Strength Can Sometimes Be Too Much of a Good Thing
- Jun 29, 2012 - Interest Rate Models Call For Lower Dollar
- Jun 22, 2012 - Architecture Billings Index Update
- Jun 15, 2012 - Overbought McClellan Oscillator
- Jun 08, 2012 - Rising Star Program Shows Washout Bottom
- Jun 01, 2012 - Full-On Panic Into T-Bonds
- May 25, 2012 - Gold Breaks Downtrend, Sort Of
- May 18, 2012 - Flight From High Yields Marks Stock Market Bottom
- May 11, 2012 - Is JPM “The Burning LOH”?
- May 04, 2012 - A Seasonal Quandary
- Apr 27, 2012 - Gold Repeats A Prior Pattern
- Apr 20, 2012 - Summation Index Promises Higher Highs After Correction Ends
- Apr 13, 2012 - Fed and ECB Balance Sheets
- Apr 06, 2012 - Deserved or Not, T-Bonds Are Set Up For A Rally
- Mar 30, 2012 - Lumber Says This Is A Top For Housing Stocks
- Mar 23, 2012 - SP500 Undervalued Versus M2
- Mar 16, 2012 - In Order To Tame Inflation, Just Tame Uncle Sam
- Mar 09, 2012 - Gold ETF Investors Were Not Scared Away
- Mar 02, 2012 - DJIA At Higher Highs with Negative McClellan Oscillator
- Feb 24, 2012 - Using Google Trends To Mark A Price Climax
- Feb 17, 2012 - Fed Sloshing The Liquidity Pool
- Feb 10, 2012 - Visualizing Spending and Revenue
- Feb 03, 2012 - Eurodollar COT Indication Calls For Big Stock Market Top Now
- Jan 27, 2012 - Traders Like QQQ A Little Too Much
- Jan 20, 2012 - Bonds Turning Down From Top of Channel
- Jan 13, 2012 - RASI Above +500 Says Bull Market Not Done
- Jan 06, 2012 - DJI Oscillator Rising Index Signals Trouble
- Dec 30, 2011 - Copper Weakness Is a Warning Sign
- Dec 23, 2011 - Are Traders Really Just Driven By the Sun?
- Dec 16, 2011 - Baltic Dry Disputes China Collapse
- Dec 09, 2011 - What Debt Default Means For The Stock Market
- Dec 02, 2011 - Gold ETF Assets Show Bullish Sentiment
- Nov 25, 2011 - Rainbow Convergence Has Predictive Value
- Nov 18, 2011 - One to Three Years Left For Gold’s Run
- Nov 11, 2011 - Borrowing An Indicator
- Nov 04, 2011 - Commodities Not The Diversifier They Once Were
- Oct 27, 2011 - Negative Real Yields, Too Much of a Good Thing
- Oct 21, 2011 - McClellan Oscillator Confirms New Uptrend
- Oct 14, 2011 - The Key To Watch For In November
- Oct 07, 2011 - Lumber Contango Spells Economic Rebound
- Sep 30, 2011 - First Day of the Month Effect
- Sep 22, 2011 - 1946 Analog Holds Key For Current Market
- Sep 16, 2011 - Time For a Rally in Unloved Housing Stocks
- Sep 09, 2011 - Gold Price is a Measure of Dollar’s Debasement
- Sep 02, 2011 - Weak Housing Data Conceals Real Inflation
- Aug 26, 2011 - Large Absolute Breadth Numbers
- Aug 19, 2011 - Death Cross Does Not Live Up To Its Hype
- Aug 12, 2011 - Summer Gold Rush Pulls Money into Gold ETFs
- Aug 05, 2011 - NDX Stocks Illustrate the Washout
- Jul 28, 2011 - NDX Stocks Show Troubling Drawdowns
- Jul 22, 2011 - Where Did the 9-Month Cycle Go?
- Jul 15, 2011 - Long Term Haurlan Index Divergence
- Jul 08, 2011 - Using the 10% Trend By Itself
- Jul 01, 2011 - A Breadth Thrust Signal
- Jun 24, 2011 - Contango Dooms Reason for Strategic Oil Release
- Jun 17, 2011 - VIX Rate of Change More Important Than Its Level
- Jun 10, 2011 - Architecture Billings Index Forecasts The Economy
- Jun 03, 2011 - Silver Is Tracing Out 1980 Post-Bubble Pattern
- May 27, 2011 - Commercial Traders Foretell Market’s Movements
- May 20, 2011 - NY Investors Should Learn To Like The Rain
- May 13, 2011 - Gold’s Chart Offers 3 Technical Lessons
- May 06, 2011 - Gold Foretold The Commodities Dip
- Apr 29, 2011 - Copper and the Commitment of Traders Report
- Apr 22, 2011 - Visualizing the Gold-Silver Relationship
- Apr 15, 2011 - The Gold/Wheat Ratio
- Apr 08, 2011 - Bernanke Should Listen To Gold
- Apr 01, 2011 - Small Caps Leading The Way
- Mar 25, 2011 - Oil Predicts Stock Market Dip
- Mar 18, 2011 - Oversold McClellan Oscillator
- Mar 11, 2011 - DJIA Price Oscillator
- Mar 04, 2011 - 2-Year T-Note Should Guide The Fed
- Feb 25, 2011 - Oil Spike Eases Big Contango
- Feb 18, 2011 - Nasdaq A-D Line
- Feb 11, 2011 - Congress Still Does Not Get It
- Feb 04, 2011 - Gold ETF Assets
- Jan 28, 2011 - Common Only McClellan Oscillator
- Jan 21, 2011 - Why Even Fundamental Analysts Should Watch A-D Line
- Jan 14, 2011 - Bumpiness Is A Message
- Jan 07, 2011 - The Changing Relationship Between Copper and the Stock Market
- Dec 31, 2010 - Lumber Prices Call For Housing Stocks Rally
- Dec 19, 2010 - T-Bonds Back Down To Uptrend Line
- Dec 10, 2010 - After The Rogue Wave
- Dec 03, 2010 - Using the TICK Intraday
- Nov 26, 2010 - TICK: Not Just a Bloodsucking Insect
- Nov 19, 2010 - Is Gold Overvalued?
- Nov 12, 2010 - The Secret Driver of Unemployment
- Nov 05, 2010 - Entering the 3rd Presidential Year
- Oct 29, 2010 - POMO: The Hot New Timing Tool
- Oct 22, 2010 - Get Ready For Higher Interest Rates
- Oct 14, 2010 - Gold Prices Lead The Way For Commodities
- Oct 08, 2010 - Strength in Hi-Yield Bonds is Bullish For Stocks
- Oct 01, 2010 - RASI or Classic - Which Summation Is Better?
- Sep 24, 2010 - Gold Priced In Euros Pointing Downward
- Sep 17, 2010 - Tracking the VIX’s Response To Price Moves
- Sep 10, 2010 - Year-End VIX Plunge Coming
- Sep 03, 2010 - Trend Channel in T-Bond Prices
- Aug 27, 2010 - 60-year Cycle In Interest Rates
- Aug 20, 2010 - Disagreement Between A-D and Volume Lines
- Aug 13, 2010 - Brightening Prospects For Employment
- Aug 06, 2010 - Correlations May Not Be What They Seem
- Jul 30, 2010 - Not the Great Depression, But an Interesting Facsimile
- Jul 23, 2010 - Golf Balls, Geese, and the VIX
- Jul 16, 2010 - Start Point for Summation Index Does Not Matter
- Jul 09, 2010 - Personal Savings Rate is Rising
- Jul 02, 2010 - Liquidity Is Not The Problem
- Jun 25, 2010 - Investor Expectations at Multi-Month Low
- Jun 18, 2010 - All Time Record Low McClellan Oscillator
- Jun 11, 2010 - Proof The Double-Dip is Coming
- Jun 04, 2010 - Oil Imports Are Actually Way Down
- May 28, 2010 - Nikkei-Nasdaq Analog Update
- May 23, 2010 - Spike up in VIX Was On Schedule
- May 14, 2010 - New Rising Star Stock Program
- May 07, 2010 - What It Takes To Get The Oscillator To Zero
- Apr 30, 2010 - Lumber Prices Show Good News for Jobs
- Apr 23, 2010 - Home Prices and the Birth Rate
- Apr 16, 2010 - Presidential Cycle Shows April Top
- Apr 09, 2010 - Rydex Assets Levels Show Investor Sentiment
- Apr 02, 2010 - Lower Tax Collections Are Bullish for Stocks
- Mar 26, 2010 - Marking The Bottom For Housing
- Mar 19, 2010 - 10 to 1 Up Volume Shows Initiation
- Mar 12, 2010 - FOMC Announcement Days Tend To Close Up
- Mar 05, 2010 - NYSE’s New Highs Confirm Uptrend
- Feb 26, 2010 - Oil’s Leading Indication for Stocks
- Feb 19, 2010 - Real Yields and the Dollar
- Feb 12, 2010 - Birth Rate and the Stock Market
- Feb 05, 2010 - The Volatility of Volatility
- Jan 29, 2010 - Unusual Stochastic Makes Good Oscillator
- Jan 22, 2010 - Predicting The Future of Gasoline Prices
- Jan 15, 2010 - Stock Market Repeating the Sideways 70s
- Jan 08, 2010 - The One Real Fundamental Factor Driving Gold Prices
- Jan 01, 2010 - Nasdaq A-D Line “Divergence”
- Dec 25, 2009 - Small Cap Leadership Is A Good Thing
- Dec 18, 2009 - Drop in inflation should bring DROP in crime
- Dec 11, 2009 - Final Dip Coming For Housing Market
- Dec 04, 2009 - How Gold Forms Tops
- Nov 27, 2009 - Why You Should Fear A Balanced Budget
- Nov 20, 2009 - NDX A-D Oscillator
- Nov 13, 2009 - Oil Prices Look Different in Euros
- Nov 06, 2009 - Civilian Employment Level (Follow Up)
- Oct 30, 2009 - A-D Line Back Near All-Time Highs
- Oct 23, 2009 - An Interesting Divergence
- Oct 16, 2009 - A-D Line Has the Story on Corporate Profits
- Oct 09, 2009 - VIX Headed Much Lower in 2010
- Oct 02, 2009 - September Does Not Control October
- Sep 25, 2009 - What Good Is The Yield Curve?
- Sep 18, 2009 - Old Nikkei 225 Chart Pattern Has Story To Tell For Today
- Sep 11, 2009 - Is a Higher Savings Rate a GOOD Thing?
- Sep 04, 2009 - Unemployment Rate Rising On Schedule
- Aug 28, 2009 - Lumber Says Economic Slowdown Not Complete
- Aug 21, 2009 - Strong RASI Promises Higher Price Highs
- Aug 14, 2009 - Gas Versus Oil: Who’s Right?
- Aug 07, 2009 - Civilian Employment Level
- Jul 31, 2009 - Spread between 2-year yield and FF rate
- Jul 24, 2009 - Bumpy vs Smooth
- Jul 17, 2009 - Panics We Have Seen Before