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09/12/13

It was an interesting day for stocks yesterday as we saw a mostly flat to down open, but buyers took over and the Dow gained another 136-points by the close - the 3rd triple digit gain in a row. The interesting part was that none of the leading indices were up.

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09/11/13

Another big day for stocks yesterday after some positive economic data out of China, and the prospect of no air strikes in Syria helped put investors in the buying mood while the bears basically stayed on the sidelines. The Dow gained another ...

09/10/13

Stocks rallied out of the gate on Monday morning with virtually no fight from the bears. The Dow gained 141-points with gains near 1% and higher on most indices. Small caps led the way and even bonds moved higher.

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09/09/13

Stocks were relatively flat on Friday by the close, but it was a volatile day. The Dow ended the day down 15-points but it was down 120 in early trading, and up over 70 in afternoon trading.
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This week’s sentiment reading is 46% bulls to 42% bears vs. 37% bulls to 54% bears the previous week. That’s more bulls and less bears. This is a modestly bullish reading. But what really has my interest this week is the data from the Auto-Tracker (Total Tracker). Here is this week's charts:



No signal from the Top 50 this week. For the new trading week, total stock allocations dipped by just 0.2% to a total stock allocation of 86.8%. ...