- YI: -1.5
- Attempting to bottom out: PDS, PTEN, and PXD
- Standard oversold: MRVL
- Trying to hold falling trend line support: XMSR
- Attempting to hold the 28 DMA here: The VXO and XPLT
- Trying to break above some falling trend line resistance: AA, ACF, ALEX, AMAT, ASA, the BKX index, C, EWA, IDU, IWM, IYM, KMX, LOW, MPG, QCOM, REDF, SEE, TLB, TOL, WSO, and WTS
- Attempting to break above the 28 DMA here: AIG, the SP-500, ALEX, AMAT, BAC, CAT, CMI, CSL, CY, EEM, ELY, EWA, EWU, GGB, GPC, HMC, IBM, the IIX index, MER, NYB, the OEX index, QQQQ, ROK, TASR, and TKR
- Up against rising trend line resistance: BMY, IDA, JNJ, MTD, and PEG
- Moderately overbought: BKC, CLF, CPB, the DRG index, GT, MFE, NAT, NOK, RNR, SGP, STX, and WY
- Standard overbought: GIS and WDC
- Extremely overbought: PEP
- Anything here may be off base.
Friday, November 30, 2007
Based on the Nov. 30, 2007 close.
Thursday, November 29, 2007
Based on EOD Nov. 28, 2007.
- YI: -1.5
- Probable bottom here for: T2118
- Possible bottom here for: BGF, CSTR, and WOR
- Trying to bottom out now: OKE
- Standard oversold: SUN
- Moderately oversold: ELN, FTO, and NWL
- Trying to hold some rising trend line support: ASA and FXY
- Attempting to hold the 28 DMA here: GLD and OXY
- Trying to break above some falling trend line resistance: AMTD, APPB, AXP, CAKE, CBK, DVY, EWG, EXP, KEY, LUFK, MCD, MEOH, MOT, NLY, NSM, RMBS, SNDK, TCK, and TLB
- Attempting to break above the 28 DMA here: ALD, BA, the DJ-30, DVY, EBAY, PLT, the S&P-500, and WHR
- Up against rising trend line resistance: KO and STP
- Moderately overbought now: GLW
- Standard overbought: SNE
- More later. Anything here may be off base.
Wednesday, November 28, 2007
Based on the close of Nov. 27, 2007.
- YI for yesterday: -5
- YI for today: -4
- Possible bottom here for: ACH, AMD, RYL, and SHI
- Trying to bottom out now: AAUK, DVY, EWU, GGB, TASR, and TCK
- Standard oversold now: ACAS, ADP, ERIE, the OEX index, PTEN, and UGP
- Moderately oversold: AEM, ALD, NYB, QCOM, QLGC, and SKS
- Trying to hold some rising trend line support: BPOP, ELY, EWI, MCD, MMC, NST, and PEG
- Trying to hold falling trend line support: BGF, BKX, FCX, GFI, JOSB, KEY, LMT, MPG, NWL, PBY, PCU, PLT, and the XOI index.
- Attempting to hold the 28 DMA here: EWP, IDU, and NEM
- Trying to break above some falling trend line resistance: AMAT, CSL, the DJ-30, GIS, GLW, IBM, MER, NSC, and TSM
- Attempting to break above the 28 DMA here: BKC, CLF, CREE, GLW, JWN, MEOH, NAT, NTES, PLL, SGP, and SNA
- Moderately overbought now: AAPL and GOOG
- Anything here may be off base.
Monday, November 26, 2007
New S&O's based on the November 23, 2007 close.
- YI: -3.5, So the YI may be indicating some type of substantial rally is due in this bear market environment.
- Possible bottom here for: BBBY, C, CHC, CORS, CSL, GNSS, HON, T2118, TKR, and TLB
- Trying to bottom out at this level are: AMAT, AMD, BG, CFC, CY, EMC, ENER, ERF, EXP, GE, GF, IIX, MDC, MOT, NSM, OCR, PCU, UGP, and WSO
- Extremely oversold: ERIC
- Standard oversold: AIG, PAYX, TCK, ROK, RT, RYL, SYY, TOL, TTH, and WIRE
- Moderately oversold: GGB, IFN, OKE, and PXD
- Trying to hold some rising trend line support: FTO, HMC, NSC, QCOM, and SGP
- Trying to hold falling trend line support: AXP, PTEN, and SUN
- Attempting to hold the 28 DMA here: PEG and PHI
- Trying to break above some falling trend line resistance: ACF, BKC, DELL, EEM, GM, LUFK, LYO, MDC, PMCS, REDF, and the S&P-500.
- Attempting to break above the 28 DMA here: DFG and STMP
- Moderately overbought now: IDA, NST, OGE, and TOT
- Extremely overbought: FXY
- Anything here may be off base.
Friday, November 23, 2007
Based on EOD Nov. 21, 2007.
The YI is dragging along the bottom at -5.
Probable bottom here for: ARM
Possible bottom here for: ALEX, and for FBR it is bottom time, or possible bankruptcy time according to price in my opinion, GM, MSCC, RADN, and REDF
Trying to bottom out now: BA, BPOP, C,
CSTR, HON, JCP, PMCS, TZOO, and WB
Extremely oversold now: CREE and PNRA
Standard oversold: GYMB, JPM, LOW, RFMD, TASR, VFC, and XLF
Moderately oversold: CPB, EWA, GLW, MPG, RIO, THQI, and TSS
Trying to hold some rising trend line support: AMTD, FXC, KLIC, SKS, and WDC
Trying to hold falling trend line support: ALEX, CHC, EEM, GGB, IBM, NOK, RMBS, RT, and SMTC
Attempting to hold the 28 DMA here: HMSY, MTD, and SPC
Trying to break above some falling trend line resistance: BHI, GIS, OXY, WPL, and XSLV
Attempting to break above the 28 DMA here: AAPL, ABX, APPB, ENR, FRO, and the XOI index.
Up against rising trend line resistance: BKS, HIT, IDU, and RIG
Moderately overbought now: HIT and XLU
Standard overbought at this level: XPLT
Possible top here for: KO
Anything here may be off base.
Wednesday, November 21, 2007
Based on EOD November 20, 2007.
- YI: -4.5
- Possible bottom here for: CAT
- Trying to bottom out in this area: AAUK, ACAS, ACH, ADP, AMP, BHP, CHC, CMI, CORS, CSL, the DJ-30, EWD, MER, PRAA, and PTEN
- Extremely oversold: CFC, FBR, and RADN
- Standard oversold: BA, BAC, DVY, EJ, EXP, FCX, GM, HON, IWM, and JOSB
- Moderately oversold: AAUK, ASA, the DRG index, ELY, ENER, ERIE, GF, GFI, IIT, IRF, NTES, NVLS, and PHG
- Trying to hold some rising trend line support: BVN, CAKE, CL, ELN, EMC, ERF, GIS, MRVL, NYB, PCU, and PXD
- Trying to hold falling trend line support: AA, ACAS, AIG, BBBY, DVY, and LRW
- Attempting to hold the 28 DMA here: DNR, EEFT, and KMX
- Trying to break above some falling trend line resistance: ACH and DFG
- Up against rising trend line resistance: IDA
- Moderately overbought now: FTO
- Standard overbought: PEP
- Probable top for: ACF
- More later, anything here may be off base.
Tuesday, November 20, 2007
Based on EOD November 19, 2007.
- YI: -5
- Trying to bottom out: KEY, LUFK, PBY, SIFY, TICC, and WHR
- Standard oversold: NAT and NSM
- Moderately oversold: APPB, SLE, and SNA
- Trying to hold some rising trend line support: ENER, GOOG, GPC, IRF, ROK, SVU, and the VXO
- Trying to hold falling trend line support: AU, GFI, IIT, JPM, PNRA, and SHI
- Trying to break above some falling trend line resistance: FRO, MCD, MCRS, QCOM, and TYC
- Attempting to break above the 28 DMA here: PLT
- Toppy at this point: AVP, JNJ, KO, MSCC, PG, and STP
- A break out in either direction is on the way for: AAPL and BG
- Anything here may be off base.
Monday, November 19, 2007
Based on EOD November 16, 2007.
- YI: -4
- Possible bottom here for: BHI
- Trying to bottom out now: AIG, BAC, the BKX index, CAT, EBAY, JNPR, MFE, MTH, the OEX index, RHT, and SEE
- Standard oversold: LUFK, SMH, and TYC
- Moderately oversold: ABX, FXC, GOOG, KFT, and SYY
- Trying to hold some rising trend line support: AAUK, ALEX, GE, GG, GLD, HMC, HMY, MEOH, PBY, PHG, SU, SWC, and TLB
- Trying to hold falling trend line support: ACF, CMI, EWD, GT, JOSB, MDC, PLL, TCK, and the XOI index.
- Attempting to hold the 28 DMA here: AMD, AU, CDE, ENER, IIT, NG, and PXD
- Trying to break above some falling trend line resistance: IDU, KMX, MOT, PAYX, QQQQ, and RIO
- Attempting to break above the 28 DMA here: AMD, HPQ, and SGP
- Up against rising trend line resistance: QCOM
- Moderately overbought now: MKC
- Toppy: SVU
- Anything here may be off base.
Friday, November 16, 2007
Based on EOD November 15, 2007.
- YI: -4.5
- Trying to bottom out now: FRO and NAT
- Moderately oversold: MSCC
- Trying to hold some rising trend line support: APPB, DELL, EWP, HON, and NBR
- Trying to hold falling trend line support: AMTD, ARM, CPB, FBR, IIT, INTU, LSI, and SNDK
- Attempting to hold the 28 DMA here: GLD and XLU
- Trying to break above some falling trend line resistance: AMTD and MER
- Trying to break above the 28 DMA here: BGF, KLIC, PTEN, and USU
- Up against rising trend line resistance: THQI
- Moderately overbought: THQI
- More later. Anything here may be off base.
Thursday, November 15, 2007
Based on EOD November 14, 2007.
- YI: -3.5
- Moderately oversold: BKC
- Trying to hold some rising trend line support: MCD and OKE
- To a hold for now: BPOP
- Trying to break above horizontal trend line resistance: PEP and PG
- Trying to break above some falling trend line resistance: ACF, ALD, AXP, the BKX index, C, CFC, CLF, CMI, CREE, the DJ-30, DVY, ELN, ENR, EWG, EWI, GLD, GM, JCP, KLIC, KO, LOW, MKC, MMC, PHG, PLL, PRAA, QCOM, RDC, RNR, RYL, SHI, SNE, SWC, TCK, VFC, WB, XLF, and XMSR
- Attempting to break above the 28 DMA here: AAPL, ACAS, ADP, AMAT, AMP, BAC, the BKX index, BPOP, the DRG index, DVY, EEM, EWA, EWI, EXP, GF, GLW, JPM, MDC, NWL, RFMD, RT, SFY, STMP, SUN, and XLF
- Up against rising trend line resistance: AU and MOT
- Moderately overbought now: KMX, NYB, SVU, and WY
- Standard overbought: CBK, IIT, and LMT
- Toppy: EEFT, MTD, PHI, and UN
- Anything here may be off base.
Wednesday, November 14, 2007
Based on EOD November 13, 2007.
- YI: -3
- Possible bottom here for: LRW and SNDK
- Trying to bottom out now: BHI, CMC, CPB, GM, NX, PDS, SHI, and YHOO
- Standard oversold: CLF, CREE, FRO, and X
- Moderately oversold: AEM, AMN, BA, CMI, COP, CY, ERF, FCX, HMY, the IIX index, IYM, MTH, PCU, SFY, STX, TCK, WMB, and the XCI index.
- Trying to hold some rising trend line support: CHK, DNR, FTO, GLD, NLY, PTR, TOT, the VXO, and the XAU index.
- Trying to hold falling trend line support: PTEN, TYC, and XLB
- Attempting to hold the 28 DMA here: AAUK, ABX, ASA, CHK, DNR, FXC, GFI, GG, IDU, NEM, NG, OGE, OKE, OXY, RIO, and XSLV
- Trying to break above some falling trend line resistance: AIG, BGF, CHC, EMC, EWD, EWI, GIS, GLW, GNSS, GYMB, IFN, JPM, JWN, LMT, NST, the OEX index, SMH, the S&P-500, and TTH
- Attempting to break above the 28 DMA here: BKS, CHC, DFG, EEM, and JOSB
- Moderately overbought now: EEFT
- Standard overbought: JNJ
- Extremely overbought: CL
- Anything here may be off base.
Tuesday, November 13, 2007
Based on the close of November 12, 2007.
- YI: -5, So the market is now getting oversold according to the YI.
- Possible bottom here for: ARM, JCP, KLIC, and PNRA
- Trying to bottom out now: BBBY, EWJ, JOSB, LOW, MER, and XLK
- Extremely oversold: PDS
- Standard oversold: BGF, CAT, the DJ-30, IBM, MOT, PAYX, and SBUX
- Moderately oversold: EWD, EWI, GT, HIT, HMC, UGP, and the XCI index.
- Trying to hold some rising trend line support: BVN, HON, MRVL, NOK, PBY, RHT, and STMP
- Trying to hold falling trend line support: BMY, NSM, and RGLD
- Attempting to hold the 28 DMA here: BVN, MCRS, QLGC, RIG, and SU
- Trying to break above some falling trend line resistance: ACAS, AMTD, AVP, BPOP, IDA, NWL, NYB, RT, SRZ, and WHR
- Attempting to break above the 28 DMA here: CAKE, ERIE, MKC, TLB, and WTS
- Up against rising trend line resistance: NVLS
- Moderately overbought: MPG
- Toppy: FXY
- A break out in either direction is on the way for: IRF
- More later. Anything here may be off base.
Monday, November 12, 2007
Based on the close of November 9, 2007.
- YI: -4
- To a buy: BPOP and RT
- Trying to bottom out: ACAS, ALD, DVY, EMC, SNDK, and WHR
- Extremely oversold: ARM and MTU
- Standard oversold: CSTR, GLW, PMCS, SIFY, TICC, TZOO, WB, and YHOO
- Moderately oversold: AA, AAPL, ADP, AMD, AMTD, BHP, BMY, CSCO, DELL, EWJ, EWU, HPQ, IDA, INTU, JNPR, MFE, PLL, QCOM, QQQQ, SNE, TSM, TSU, and XLK
- Trying to hold some rising trend line support: AVP, EWG, MSCC, NG, NTES, OKE, SIFY, STP, SYY, WNG, and the XOI index.
- Trying to hold falling trend line support: CREE, SMH, SUN, and WSO
- Attempting to hold the 28 DMA here: GGB, GOOG, MEOH, MRVL, PDA, SKS, STX, WDC, and WMB
- Trying to break above some falling trend line resistance: AMP, CORS, DFG, EBAY, KMX, NYB, STMP, TOL, and WTS
- Up against rising trend line resistance: AU and CL
- Moderately overbought: SPC
- Anything here may be off base.
Friday, November 9, 2007
Based on EOD November 8, 2007.
- YI: -2.5
- Possible bottom here for: REDF
- Trying to bottom out: AXP, C, FDP, GMCR, NFI, OEX, and TKR
- Extremely oversold: KLIC, LRW, and LSI
- Standard oversold: ACAS, AIG, and XLF
- Moderately oversold: BKS, EMC, GE, NAT, NVLS, NWL, PTR, RNR, SP-500, STMP, SVU, TIE, TTH, VFC, VXO, and WOR
- Trying to hold some rising trend line support: CPB, DELL, EMC, EWA, EXP, GGB, GOOG, HMC, IFN, LUFK, MMC, MOT, RYL, TOL, TSM, and WY
- Trying to hold falling trend line support: NBR, PCU, and SNA
- Attempting to hold the 28 DMA: AAPL, IIT, PEG, and PEP
- Trying to break above some falling trend line resistance: The BKX index, CHC, ENER, ERIE, GMCR, GPC, OCR, RMBS, and WPL
- Attempting to break above the 28 DMA: GYMB and SWC
- Up against rising trend line resistance: ASA
- Moderately overbought: GFI and TOT
- Standard overbought: FXY
- Anything here may be off base.
Thursday, November 8, 2007
Based on EOD November 7, 2007.
- YI 11/6: +0.5
- YI 11/7: -2
- Trying to bottom out: BLG, EBAY, GNSS, PNRA, SMTC, and WTS
- Extremely oversold: JWN
- Standard oversold: AMAT, BBBY, OCR, PRAA, and SYMC
- Moderately oversold: CMC, GM, SHI, SRZ, and TASR
- Trying to hold some rising trend line support: EWP, MEOH, SGP, and XLK
- Trying to hold falling trend line support: BGF, LOW, and UGP
- Attempting to hold the 28 DMA: ELN
- Trying to break above some falling trend line resistance: BG, BHI, and MPG
- Attempting to break above the 28 DMA: AMD, CMI, KFT, and XMSR
- Up against rising trend line resistance: ADP and the XOI index.
- Moderately overbought: CBK, CDE, HMY, PHG, RHT, and SYY
- Standard overbought: FTO, NEM, and UN
- Extremely overbought: BVN, FXC, GLD, STP, SU, and XSLV
- Toppy: AAPL and WMB
- Probable top here for: ABX and GOOG
- These have gone parabolic: BVN, CY, FXC, and GLD
- A break out in either direction is on the way for: GIS
- Anything here may be off base.
Wednesday, November 7, 2007
Based on EOD November 5, 2007.
- YI for 10/31: +3
- YI for 11/1: +1
- YI for 11/2: +0.5
- YI for 11/5: 0, and once again, the YI zero level has provided some support for the market.
- Possible bottom for: ACF and CORS
- Trying to bottom out: KEY, NYB, OCR, and PLT
- Extremely oversold: BPOP, GNSS, JCP, MER, and REDF
- Standard oversold: BAC, the BKX index, ERIE, GYMB, JOSB, JPM, NX, and PNRA
- Moderately oversold: AXP, BG, CLF, CSTR, the DJ-30, the DRG index, FDP, GMCR, IWM, MMC, MOT, MPG, NSC, the OEX index, and RGLD
- Trying to hold rising trend line support: AAPL, BHI, BMY, CBK, EBAY, EMC, EWU, IDU, JNJ, MTU, NST, PDA, PLL, PMCS, and RDC
- Trying to hold horizontal trend line support: EEFT
- Trying to hold falling trend line support: AIG, ALD, AU, CFC, DFG, DVY, and MDC
- Attempting to hold the 28 DMA: EEM, ENER, EWI, FCX, GF, IDA, IYM, LMT, LYO, NLY, NWL, PHI, PTR, and RYL
- Trying to break above falling trend line resistance: CDE, MSCC, and PTEN
- Attempting to hold the 28 DMA: ENR
- Moderately overbought: GT, HIT, and MRVL
- Standard overbought: ERF, NTES, OKE, and PXD
- Extremely overbought: HMSY and RIG
- Toppy: CHK and DNR
- A break out in either direction is on the way for: ALEX