* From the first-class an before post:
"Speculative-fueled rallies invariably terminate badly...but the variety of NASDAQ/NYSE Volume Ratio that was registered Tuesday suggests nosotros could move inwards the early on stages of a speculative frenzy. If true, nosotros should run across ii things… the Nasdaq/NYSE Volume Ratio should stay to a greater extent than ofttimes than non inwards a higher house 1.50 on a daily basis, too the NDX/SPX ratio should decease on to tendency higher every bit high-beta stocks decease on to outperform blueish chips. The latter was a especially skilful indication when it began making lower lows for the kickoff fourth dimension inwards months at the terminate of March 2000, signaling a popular inwards the speculative bubble."
My cause got is that, if there's whatever such bubble, nosotros mightiness move able to rails it quite good amongst the relative surgical operation of emerging marketplace stocks. Note likewise the upward tendency inwards commodity prices, especially oil.
* Every morn I publish marketplace indicators for the latest solar daytime of trading. Here's what I posted to Twitter this AM:
steenbab4:43 AM CT - Tues: 1131 20-day highs, 209 lows; Demand 55, Supply 28; Basket: 27 stks uptrend, 5 neutral, 8 dn; 80% SPX stks > xx dma.
The tendency condition of the xl stocks inwards my handbasket has been quite skilful at keeping the focus on marketplace forcefulness fifty-fifty every bit we've been chopping some inwards a range. These tweets are a nice, quick agency to run across if the marketplace is showing short-term forcefulness or weakness; subscription via RSS is free, or y'all tin move follow the latest 5 tweets on the weblog page.
* Thanks to Andrew Horowitz for posting a podcast of our recent marketplace conversation. Many first-class podcasts on his Disciplined Investor site.
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