The Morning Call
11/10/14
The Market
Technical
Monday Morning Chartology
The
short term trend on the S&P re-set to an uptrend on the close Friday. A finish above 2019 today will do the same
for the intermediate term. At that point,
the S&P re-syncs with the Dow; and the trends for both will be up for all
timeframes.
Is
the stock market weaker than it looks? (medium):
Gold
is in downtrends across all timeframes. The
only question is, does the Friday rally presage a bounce back above the former
lower boundary of its long term trading range and, hence, the potential end to
the current massacre or is it just a pause before another onslaught?
The
VIX is now near the lower boundary of its short term uptrend and has fallen
below its 50 day moving average. Given
the recent pin action in the Averages, one would expect the VIX to break the
uptrend and reinforce the move up in stocks.
Political
and other cycles driving the market (short):
Fundamental
The
latest from John Hussman (medium):
Investing for Survival
Wish
I knew then what I know now (medium):
News on Stocks in Our Portfolios
Economics
This Week’s Data
Other
Draghi’s
efforts to save the euro come to naught (medium):
Politics
Domestic
International War Against Radical Islam
Obama’s
Iran diplomacy (medium):
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