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About this blog

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I am not a financial advisor and my picks are not recomendations. I was a stock broker for 19 years and have followed and traded the markets from 1977 to present. This blog is not for everyone, it is written through my eyes and from the prespective of the experiences I have had watching and listening to the markets for the past 34 years. This blog is an attempt to track market trends and comment on the financial story. I believe that this story is pure fiction designed to direct the flow of money in the financial markets. The financial markets are a casino run by big government and big business to recycle the money created by government back to its "rightful" owners. I will spend little time commenting on the state of the economy because of the misdirection this story creates. I follow trends because it takes my opinions out of the game and focuses my attention on price direction. The indicators and trend calls I make are my best educated guesses based on my experience. This blog is a work in progress and from time to time I will attempt to upgrade it by making changes I think will help.

Monday, January 30, 2012

News Highlights



Mikey


Key Indicators

Current trading range: 12280 -12750 DJI Close 12800
The Trends
Short term (50 hour) down(1) ...signal 1-30  12585
Current trend (50 day) Up (40 days)...signal 12-2-11 12019
Intermediate trend (50 week) Up (10 weeks)...signal 12-19-11 12294
Long term trend (50 month) Up (16 months)...signal 12/1/10 11577
IBD Current trend 12-20 Up  (26 days) Market in confirmed uptrend 12103
Overbought/Oversold (+100 overbought/-100 oversold)
Volume(Millions) NYSE 741 NASDAQ 1.617
Advance/Decline NYSE -769 NASDAQ -830 Mikey A/D line 42986
Mikey5 (+50)Neutral Mikey10 (+136)OB Mikey20 (+152) OB, Mikey50 (+81) Neut
% Stocks above 200 day ave 64% (above 50% uptrend)
Trader Psychology
Put/Call day .94, 10 day .80,  Put Premium .73 10 day .72,  
Bull/Bear Ratio 1.74 Bulls 50.0%, Bears 28.7%
Mutial Funds Buy/Redeem ratio 1.01
MACD  Daily (+165.86),Negative cross 1-30, Weekly (+233.19), Positive cross 10-24
VIX 19.40 VXZ 54.28 Mikey Fear 82 (80 Low 20 High) 
Averages (uptrend 20>50)
20 hour 12670 Rising/ Price below
50 hour 12680 Rising/Price below
20 day 12530 Rising/Price above
50 day 12162 Rising/ Price above
20 week 11951 Rising/ Price above
50 week 12024 Rising/ Price above
20 month 11625 Rising/Price above
50 month 10790 Flat/Price above

Closing Prices

US Stocks
DJIA 12653.72 -6.74 S/P 500 1313.01 -3.32 NYSE Comp 7834.41 -42.20 NASDAQ  2811.94 -4.61 DJT 5321.97 -22.81 DJU 446.56 -1.41
US Debt Markets
US Gov rates: 6 mo .0805%  2 yr .2108% 5 Yr .7457% 10 yr 1.86 30 yr 3.01
Ave Mtg rates : 30 Yr 3.87% 30 Yr Rifi 3.93% 15 Yr 3.19% 5/1 ARM 2.86
IEF (US 7-10 yr) 106.10 +.38 TLT (20 yr) 119.42 +1.34
MUB (NatlMuni) 112.75 +.07 Cal Muni (NCA)9.55 +.06
BND Total Bond Index 84.09 +.19

Commodities
CRB Commodities Index 317.81 uc

Gold 1731 -1.20 Silver 33.52 -.27 Copper 3.83 -.06 Platinum 1616.30 -6.90
Oil 97.78 -.78 RBOB 2.87 -.05  Nat Gas 2.71 -.04
US Dollar Index and World Currencies
Euro 130.85 -.0078  Pound 1.5573 -.0026
Swiss Franc 1.0753 -.0066
Yen  1.2893 +.0060 Aussie 1.0627 -.0065  Dollar Index 79.30 +.29
World Debt markets
BWX (Intl Treas) 60.22 -.26 PCY (Emerg debt) 27.25 +.08  IBND (Intl Corp)32.64 +.26


All Markets Current Trends 

World debt markets
US Bonds: 1-30  current trend neutral
US Natl Muni Markets:11-21 current trend up
Intl Treas Bonds 1-26 current trend up
Intl Corp Bonds 1-26 current trend up
Emerging Markets Debt: 1-26 current trend up
US High Yield 12-12 current trend up
US Preferred Stocks 11-30 current trend up
Currencies markets
US Dollar Index 1-26 current trend down
Aussie Dollar 1-10 current trend up
Euro 1-26 current trend up
Brit Pd 1-26 current trend upl
Swiss Franc: 1-27 current trend up
Jap Yen 1-27 current trend up
Canadian Dollar 1-18 current trend upl
Mexican Peso 1-18 current trend upl
Brazilian Real 12-12 current trend up
Indian Rupe 12-12 current trend up

Commodity index
(Broad based) 1-19  current trend up
Metals
Gold: .1-26 current trend up
Silver: 1-21 current trend up
Copper 1-17 current trend up
Platinum 1-18 current trend up
Palladium 1-17 current trend up
Agg, Fiber, Wood
Grains 1-24   Current trend up
Cotton 1-17 current trend upl
Livestock 1-24 current trend up
Coffee 9-21 current trend down
Sugar 1-18 Current trend up
Lumber 12-28 current trend neutral
Energy
Oil 12-21 current trend neutral
Heating Oil 1-3 Current trend up
Gasoline 12-21 current trend up
Natural Gas 7-28 current trend down

World Stock markets
US Stocks: 12-14 current trend up
Europe 1-18 current trend up
China: 1-17 current trend upl
Brazil 1-17 current trend up
Japan 1-18 current trend up
India 1-17 current trend up
Russia 1-18  current trend upl
1-17 current trend up
Total world markets 1-17 current trend up

Intermediate Term Trends
Dollar:Up
US Bonds: Up
World Bonds: Down
US Stocks Up
Commodities: Down
Oil: Up
Gold: Down
Silver: Down
Emerging Debt: Neutral
Emerging Markets: Down
World Stocks: Down 

Trend changes today:
World Stocks: 
Currencies:,
Commodities:
World Debt

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