Archived Q&A 3/16/2016
The Vanguard Total Bond Market ETF(NYSE:BND) is an interesting proxy to look at as we go into another critical meeting of the Federal Reserve. The trading action in this proxy shows a mild bias towards rate cutting. I expect the Fed will leave rates where they are tomorrow, while sabre rattling that a cut…
Joy Global (NYSE:JOY) is a company that builds and supports the heavy equipment industry in the mining sector. The stock is now undergoing a counter cyclical re-tracement which our models have identified as a buy signal. We would expect price to drop down near the $15 per share level, then rally up to test…
The proxy that follows the price of West Texas Intermediate Crude (NYSE:OIL) has shifted its power from bearish to bullish at long last. We are waiting for this counter cyclical move to take price down into the green zone…
The S&P 500 index proxy (SPY) has rallied to trade within the bearish ivory zone we defined last week. The bullish power has grown on the daily level and for this reason we continue to wait for a chance to take short exposure in this index.
The proxy that follows the price of West Texas Intermediate Crude (NYSE:OIL) has shifted its power from bearish to bullish at long last. While we might be sad to see this as it will lead to higher prices at the pump, it offers us a chance to make some money from the rally to…
Joy Global (NYSE:JOY) is a company that builds and supports the heavy equipment industry in the mining sector. As you can imagine with the way on coal and with gold and silver prices quite low…business has been tough for this company. As gold moves into a bull market, and silver is close to follow…This…
The S&P 500 index proxy (SPY) has rallied to trade within the bearish ivory zone we defined last week. The bullish power has grown on the daily level and for this reason we have re-positioned the ivory zone as we wait for the chance to take short exposure in this index.
The Silver Tracking Instrument (NYSE:SLV) has been attracting a lot of attention since gold’s recent price move to the upside. After a nice run away from our green accumulation zone…We expect to see price begin to chop sideways as the bulls muster the power they need to press price higher.