• SharePlanner Reversal Indicator 8-26-12

    SharePlanner Reversal Indicator

    The SharePlanner Reversal Indicator confirmed the upward bias this past week, and as a result, I’d be very careful about overloading your portfolio with short positions. Also of note is the fact that we are in an election year, and typically when there is an incumbent President seeking re-election, the market from August through November

    By |Published On: August 26, 2012|1 min read|
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    Evening Tape August 24

    The Chart of the Day… From ZeroHedge   Quick Glance at the Market Heat Map and Industries Notables: Market got the bounce it needed today.  Consumer Goods were stellar AAPL chose to sit out the rally. 

    By |Published On: August 24, 2012|1 min read|
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    Evening Tape August 23

    The Chart of the Day… Thankfully I didn’t forget to sell my position at the close…   Quick Glance at the Market Heat Map and Industries Notables: Ladies and Gentle men if you look to your right you will see the renown Red Sea Even Utilities were horrible.  But all sectors looked horrible. 

    By |Published On: August 23, 2012|1 min read|
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    Evening Tape August 22

    The Chart of the Day… Just a very interesting chart on the S&P 500 over a bunch of years that I found on SocialTrade.com   Quick Glance at the Market Heat Map and Industries Notables: Big names in Tech still causing fits for the Tech Sector Financials had pockets of strength but overall finished lower

    By |Published On: August 22, 2012|1 min read|
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    Evening Tape August 21

    The Chart of the Day… It was just one of those trades that was determined to give you ZERO chance at a profit.    Quick Glance at the Market Heat Map and Industries Notables: Financials was the only glimmer of hope for the market today.  Everything else was putrid. 

    By |Published On: August 21, 2012|1 min read|
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    Evening Tape for August 20

    The Chart of the Day… This has to be one of the most well-done charts I’ve ever seen – comes from SocialTrade.com   Quick Glance at the Market Heat Map and Industries Notables: Heat-map shows a choppy market with the sporadic combination of red and green. Apple and HPQ came to Tech’s rescue. Health care

    By |Published On: August 20, 2012|1 min read|
  • SharePlanner Reversal Indicator 8-19-12

    SharePlanner Reversal Indicator

    Total change up in the SharePlanner Reversal Indicator, and last week I mentioned the possibility of this happening if we continued to push higher… and we did. While we have not confirmed the signal, all we have to do is maintain the status quote and not have a total market meltdown this week, and we

    By |Published On: August 19, 2012|2 min read|
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    Evening Tape August 17

    The Chart of the Day…   Quick Glance at the Market Heat Map and Industries Notables: Who threw health care off a cliff? Like the big names in health care, basic material’s big guys did not cooperate with the market.  Financials outplayed all the other sectors. 

    By |Published On: August 17, 2012|1 min read|
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    Evening Tape August 17

    The Chart of the Day…   Quick Glance at the Market Heat Map and Industries Notables: Who threw health care off a cliff? Like the big names in health care, basic material’s big guys did not cooperate with the market.  Financials outplayed all the other sectors. 

    By |Published On: August 17, 2012|1 min read|
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    Evening Tape for August 16

    The Chart of the Day…   Quick Glance at the Market Heat Map and Industries Notables: The market strength came out of nowhere. Utilities and Wal-Mart simply stunk. Basic Materials and Technology were all the rage. 

    By |Published On: August 16, 2012|1 min read|