Author Archives: David Durand

Investor Sentiment: An AAII Index Review for 2-10-2011

Posted on February 10, 2011 by David Durand

Sentiment was reported today and the results are interesting. Sentiment is not off the wall Bullish or Bearish. It is at a level that could support a further rally, but the number of Bulls may make the market vulnerable to … Continue reading →

Posted in investor sentiment | Tagged , , , , | Leave a comment

SP500 Index Market Timing: This rally will be intact if…

Posted on February 7, 2011 by David Durand

The current rally in the SP500 index will be intact if these corroborating market timing signals hold into today’s close: The banking index (BKX) can close at a new recent high above 54.87 The small and midcaps can also close … Continue reading →

Posted in investment, Market timing, S&P 500 Index, trading, Uncategorized | Tagged , , , , | Leave a comment

SP500 Market Timing: The Ice Has been Broken

Posted on February 3, 2011 by David Durand

Sometimes breaking the ice is a good thing. This is not one of those times! The SP500 has finally broken the ice located at the breakout point of 1302.67, but is only about 3 points below that at 10:48 am … Continue reading →

Posted in investment, investor sentiment, Market timing, S&P 500 Index, trading | Tagged , , , , | Leave a comment

SP500 Index Market Timing: Will the Ice Hold?

Posted on February 2, 2011 by David Durand

The SP500 index is at 1303.51, just barely above the breakout number of (and write this one down) 1302.67. It needs to close above there and keep moving for this last breakout to hold. The question is whether the ice … Continue reading →

Posted in investment, Market timing, S&P 500 Index, trading | Tagged , , , , | Leave a comment

SP500 Index Market Timing: Another Place to Sell

Posted on February 1, 2011 by David Durand

You have another possible place to sell today. We are back up at the resistance of the last high on the daily chart. We are JUST below the prior daily high. Now, if you firmly believe it’s “full steam ahead,” … Continue reading →

Posted in Market timing, S&P 500 Index | Tagged , , , , | Leave a comment

SP500 Index Market Timing: Rallying to Resistance

Posted on January 31, 2011 by David Durand

The SP500 index has bounced up to initial resistance on the 15 minute and 60 minute charts. If you were looking for a spot to sell, this would be it. Or you can wait for the next downswing in the … Continue reading →

Posted in Market timing, S&P 500 Index | Tagged , , , | Leave a comment

SP500 Index: Not enough! The Wedge is Back in Play

Posted on January 28, 2011 by David Durand

The SP500 has reaffirmed the prior wedge break market timing signal assuming that the failed breakout holds into the close today. Can the market just saunter back up in the face of retail disappointment (Ford and Amazon) and the Egypt … Continue reading →

Posted in Market timing, S&P 500 Index | Tagged , , , , | Leave a comment

AAII Investor Sentiment is NOT in the Way – Not short term anyway

Posted on January 27, 2011 by David Durand

For the details please go to my AAII page here: AAII Investor Sentiment Review

Posted in investor sentiment, Market timing, Uncategorized | Tagged , | Leave a comment

SP500 Market Timing: How much of a breakout is enough?

Posted on January 27, 2011 by David Durand

Well, the SP500 index DID break out above the wedge (bearish market timing signal) that I wrote about in last weekend’s SP500Tracker™. But not by much. We are at this moment (3:17 pm ET) just 3.22 points above the breakout … Continue reading →

Posted in Market timing, S&P 500 Index | Tagged , , , | Leave a comment

Gold Stocks (HUI index; GDX) Run Ahead of Gold (GLD,IAU)

Posted on January 26, 2011 by David Durand

The GLD ETF is only up 0.02% while the gold stock ETF (GDX) is up 2.00%. Quite a difference. A market timing perspective and a fundamental perspective would BOTH be suspicious of the gold stock move. You might want to … Continue reading →

Posted in gold etf, gold stocks, Market timing | Tagged , , , , | Leave a comment