Guy Lerner

Technical Take

Contributor since: 26 Feb 2010

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• The Technical Take: USO (Part 2)

  Published 12 May 2011 | viewed 0 times

  Here is a daily chart of the United States Oil Fund (symbol: USO), and the reason to show this is because of the technical set…

• The Technical Take: USO

  Published 12 May 2011 | viewed 0 times

  The ups and down of the oil market are enough to give one a neck ache. Last week's drubbing saw an increase in volatility as…

• The Dollar Index is Making a Stand

  Published 11 May 2011 | viewed 0 times

  Figure 1 is a weekly chart of the Dollar Index (symbol: $DXY). The red colored price bars are positive divergence bars. In this case, I…

• Investor Sentiment: The Devil is in the Details

  Published 08 May 2011 | viewed 0 times

  While the main indicators barely budged week over the week, components used to construct these indicators are starting to head towards extremes. For example, the…

• Oil = Ughhh!

  Published 06 May 2011 | viewed 0 times

  Yesterday's bout of selling in the oil patch was rather unpleasant and quite unexpected. About 3 months worth of gains were wiped out in a…

• I Hope You Were Not One of Those Buying

  Published 05 May 2011 | viewed 0 times

  Monday's market action saw some of the strongest buying amongst the Rydex market timers in over 10 years. Oops! Or to put it another way,…

• The Bullish Case for Equities

  Published 02 May 2011 | viewed 0 times

  Our indicator constructed from the trends in the CRB Index, gold, and yields on the 10 year Treasury has not been in the extreme zone…

• Investor Sentiment: Why Bet Against the Market When It Only Goes Up?

  Published 01 May 2011 | viewed 0 times

  Why bet against the market when it only goes up? After almost 2 years of a seemingly relentless upwards move with only one real buying…

• The Dollar Falls Out of Bed

  Published 28 April 2011 | viewed 0 times

  In my last look at the Dollar Index, I stated: "The trend is still down, and the technicals would suggest that we will be visiting…

• Long Treasury Yields Going Lower

  Published 27 April 2011 | viewed 0 times

  I have spent a lot of time over the past month discerning the direction of Treasury yields. So with only a few hours ahead of…

• It Is One and the Same

  Published 26 April 2011 | viewed 0 times

  Figure 1 is a monthly chart comparing Netflix (symbol: NFLX) in blue with the i-Shares Silver Trust (symbol: SLV) in red. Figure 1. NFLX v.…

• Investor Sentiment: Waiting On the Fed

  Published 23 April 2011 | viewed 0 times

  The sentiment indicators are not particularly revealing, but then again price on the SP500 really hasn't gone anywhere either for the past 3 months. Maybe…

• Crude Oil: Update

  Published 21 April 2011 | viewed 0 times

  It has been over 3 months since I identified the potential for a "very strong move" in crude oil. Absurdly low interest rates and geopolitical…

• A Shared Sacrifice That I Can Understand

  Published 19 April 2011 | viewed 0 times

  Last week in the President's speech on fiscal policy, he alluded to a shared sacrifice. You know, something that we must all give up because…

• Investor Sentiment: The Bulls Love This Market

  Published 16 April 2011 | viewed 0 times

  The number of bulls continue to increase as the "dumb money" indicator approaches extreme levels. I am not sure what these investors are seeing, but…

• The Dollar Index: The Down Trend is Intact

  Published 13 April 2011 | viewed 0 times

  In my last look at the Dollar Index, I pointed out that the Dollar doesn't seem relevant anymore, and as long as the down trend…

• Life As We Know It Would Not Exist

  Published 12 April 2011 | viewed 0 times

  Call it the politics of "life as we know it would not exist". You know, when there is a big crisis in this country, our…

• Inflationary Headwinds Increasing

  Published 11 April 2011 | viewed 0 times

  Our indicator constructed from the trends in the CRB Index, gold, and yields on the 10 year Treasury is not extreme but it did rise…

• TLT: Less Constructive

  Published 11 April 2011 | viewed 0 times

  It was only 10 days ago that I was constructive on i - Shares Lehman 20 plus Year Treasury Fund (symbol: TLT). However, the technical…

• Investor Sentiment: Is It Time to Bet the Farm?

  Published 10 April 2011 | viewed 0 times

  Investors continue to do what they do best: react to price changes. Prices are up over the last 3 weeks and as expected, investors have…