• Long-Term Over-Sold Readings

    So far, this week has been pretty rough for the bulls. Not so much though for the bears and so far it has been a pretty good week for Shareplanner Subscribers. We have capitalized on some nice gains in SKF and QID. But the big question for many of you is just how oversold are

    By |Published On: October 23, 2008|1 min read|
  • vix

    Still No Bounce

    Here’s a couple of charts for you to take a look at. We are probably in the most oversold conditions that we have been in quite some time. Below is the VIX chart which measures implied volatility. It moves inversely to the market, so that it tends to spike when the market is declining.

    By |Published On: October 7, 2008|1 min read|

  • Looking Oversold

    Quick look at where we are in the sell-off as of yesterday’s close. As you can see we are more oversold than we were in July and equal to the levels achieved in January of this year and August of last. This chart simpliy measures the S&P stocks that are trading below their 50-day moving

    By |Published On: October 1, 2008|1 min read|
  • spxa50r

    Where We Stand in the Sell-Off

    Amid political leaders working together trying to find a compromise on the financial crisis facing our markets, let’s take a look at where we are at in regards to reaching a potential oversold level that would likely see an upward bounce in the near-term. Here’s the chart…

    By |Published On: September 24, 2008|0 min read|
  • spxa50r

    Are We Oversold?

    An indicator that I use to monitor the overbought/oversold conditions of the market based on using the percentage of stocks trading above/below their 50-day moving average in the S&P. Unlike previous sell-offs that we have experienced in the past, this would lead one to believe that have a ways to go before getting near a

    By |Published On: September 16, 2008|0 min read|
  • SP Weekly

    Watch Out for a Break of 1220

    Weekly charts provide some of the best insight into what is going on in a particular stock or index. Funny thing is, most people ignore the weekly charts and instead rely only on the daily charts. However, the weekly charts tend to be much more clean and understandable from a market/stock direction stand point and

    By |Published On: September 15, 2008|1 min read|