* In the above chart, we're tracking upticks among NYSE stocks vs. downticks as a measure of the balance of buying and selling pressure. Note how intermediate-term cycles tend to start with solid buying pressure and gradually give way to less buying and eventually a negative balance between buying and selling. With the recent rise of the dollar, we've seen selling pressure overtake buying interest in stocks.
* Thanks to a savvy trader for pointing out this intelligent posting on the dynamics accompanying negative interest rates in Europe and U.S. dollar strength.
* I continue to like the Stock Spotter site, which publishes buy and sell signals (and tracks their results) for stocks based on John Ehlers' cycle work. I notice that we have over 50 stocks with buy signals as of Friday's close. Since I began collecting the data in December, 2013, when 40 or more buy signals have fired for Stock Spotter (N = 25), the next five days in SPY have averaged a gain of +.76% (17 up, 8 down) vs. an average gain of +.22% for the remainder of the days.
* Excellent post on winning and trading from Bruce Bower.
* How interest rates are moving in the U.S. vs. Europe and other worthwhile perspectives from Abnormal Returns.
* My posts on making positive psychology work for your trading--and life--performance.
Have a great weekend!
.
* Thanks to a savvy trader for pointing out this intelligent posting on the dynamics accompanying negative interest rates in Europe and U.S. dollar strength.
* I continue to like the Stock Spotter site, which publishes buy and sell signals (and tracks their results) for stocks based on John Ehlers' cycle work. I notice that we have over 50 stocks with buy signals as of Friday's close. Since I began collecting the data in December, 2013, when 40 or more buy signals have fired for Stock Spotter (N = 25), the next five days in SPY have averaged a gain of +.76% (17 up, 8 down) vs. an average gain of +.22% for the remainder of the days.
* Excellent post on winning and trading from Bruce Bower.
* How interest rates are moving in the U.S. vs. Europe and other worthwhile perspectives from Abnormal Returns.
* My posts on making positive psychology work for your trading--and life--performance.
Have a great weekend!
.