Monday Morning Chartology--8/12/13

The Morning Call

8/12/13

The Market

           

    Technical

     Monday Morning Chartology

            While the S&P has acted a little ‘toppy’ the last week or so (talking my book again), it nonetheless remains well within all major uptrends.  On the other hand, after trading above the upper boundary of its short term trading range one day more than needed to confirm a re-set to an uptrend, the Dow fell back below that boundary and has remained there.

            GLD is still a sick puppy.

            The VIX continues to trade within its short term trading range, neutral for stocks.

            Update on ‘the best stock market indicator ever’.

            http://advisorperspectives.com/dshort/guest/Carlucci-Short-Update.php

            What are the housing stocks telling us (medium):

            http://advisorperspectives.com/dshort/guest/Michael-Lombardi-130812-Homebuilder-Update.php

            Counterpoint (medium):

            http://advisorperspectives.com/dshort/guest/Chris-Puplava-130810-Addressing-Dr-Doom.php

    Fundamental

  

            The best ’10 investment rules’ that I have ever seen (medium):

            http://advisorperspectives.com/dshort/guest/Lance-Roberts-130809-Ten-Rules.php

               

   

      News on Stocks in Our Portfolios

 

Economics

   This Week’s Data

   Other

Politics

  Domestic

  International

            Ray Dalio on the EU (medium):

            http://www.zerohedge.com/news/2013-08-11/bridgewaters-ray-dalio-warns-eurocrisis-not-over

                Greece is still a problem (medium):

            http://www.zerohedge.com/news/2013-08-11/internal-bundesbank-report-predicts-new-greek-bailout-early-2014-more-headaches-merk