Guy Lerner

Technical Take

Contributor since: 26 Feb 2010

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• Long Term Treasury Yields: Heading Lower

  Published 24 February 2011 | viewed 0 times

  Lost in all the noise about crude oil this week and its effect on the economic recovery (i.e., the equity rally) has been the top…

• Excessive Bullish Sentiment Meets Inflationary Pressures

  Published 22 February 2011 | viewed 0 times

  What happens when excessive bullish sentiment meets extreme conditions from our indicator constructed from the trends in the CRB Index, gold and yields on the…

• Market Musings: The Buzzword is Austerity

  Published 22 February 2011 | viewed 0 times

  A quick look at the headlines over the past weekend shows that this country's fiscal crisis is being brought into greater focus. States are proposing…

• Investor Sentiment: Is Three the Charm?

  Published 20 February 2011 | viewed 0 times

  As I have been alluding to over the past couple of weeks, anticipating a correction (beyond 1% from the near term highs) in the equity…

• This Isn't Trivial

  Published 18 February 2011 | viewed 0 times

  One of the strategies that I have frequently written about for the SP500 involves the 40 week moving average and the composite indicator constructed from…

• USO: Will The ETF Catch Up?

  Published 16 February 2011 | viewed 0 times

  I last looked at crude oil -- specifically West Texas Intermediate -- several weeks ago, and the technical set up was pointing to a strong…

• Investor Sentiment: Very Brutal

  Published 13 February 2011 | viewed 0 times

  As expected, the bullish extremes in investor sentiment persist. Company insiders continue to unload shares at a high rate. As I have brought forth over…

• The Superman Market

  Published 06 February 2011 | viewed 0 times

  "Faster than a speeding bullet! More powerful than a locomotive! Able to leap tall buildings at a single bound!" "Look! Up in the sky!" "It's…

• The Technical Take: TBT

  Published 04 February 2011 | viewed 0 times

  I would describe the current price action in the equity market as meaningless. It doesn't impart any information to me as the dip is always…

• Market Musings: A Virtuous Cycle

  Published 03 February 2011 | viewed 0 times

  On the surface it seems like a great idea. The Federal Reserve jump starts the economy through asset purchases, and all is ok because inflation…

• The Dollar Index: How Low Can You Go?

  Published 02 February 2011 | viewed 0 times

  When looking at the Dollar Index, I am reminded of the song the "Cha Cha Slide" when the performer says, "How low can you go?"…

• The Story Behind the Story

  Published 31 January 2011 | viewed 0 times

  This headline from the Wall Street Journal only begins to scratch the surface of what is really go on in Egypt: "Egyptian Unrest has Repercussions…

• Investor Sentiment: This Time Will Not Be Different

  Published 30 January 2011 | viewed 0 times

  It was touch and go this week, but in the end and as suspected in last week's comments, the "this time is different" scenario will…

• Inflationary Pressures Are Subsiding

  Published 24 January 2011 | viewed 0 times

  As this headline from the Wall Street Journal shows, inflation pressures are just beginning to be recognized by investors. Figure 1. Headline WSJ My composite…

• What A Difference A Week Makes

  Published 23 January 2011 | viewed 0 times

  Two weeks ago, the extremes in sentiment did little to deter investors from chasing prices higher. This is the "this time is different" scenario where…

• New Highs - New Lows Not Keeping Pace

  Published 21 January 2011 | viewed 0 times

  Now I know this stuff doesn't matter until it does and I know all those trend followers out there who "just follow price" ignore this…

• Key Resistance Points

  Published 19 January 2011 | viewed 0 times

  The ETF's that represent the major indices are approaching key resistance levels. While technicals and fundamentals barely matter anymore, the markets have come a long…

• Crude Oil: Potential for Very Strong Move

  Published 19 January 2011 | viewed 0 times

  Whether it is due to increasing demand (unlikely) or too much money chasing too few assets (likely), crude oil is on a launching pad that…

• Investor Sentiment: Extremes Don't Matter, This Time is ...

  Published 17 January 2011 | viewed 0 times

  Until proven otherwise, extremes in the sentiment indicators don't matter as "this time is different". I never really believe that "this time is different", but…

• Market Musings: Stay in Your Comfort Zone

  Published 14 January 2011 | viewed 0 times

  I have presented a lot of data and studies over the past couple of weeks suggesting that the equity market could go this way or…