Guy Lerner

Technical Take

Contributor since: 26 Feb 2010

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• Investor Sentiment: Heading In The Right Direction

  Published 22 August 2010 | viewed 0 times

  Insiders are buying, and the "dumb money" indicator is neutral but nearly becoming more bearish (i.e., bull signal). Another week of downside pressure will likely…

• Utility Sector: Divergence Between Smart and Dumb Money

  Published 20 August 2010 | viewed 0 times

  The Utility Sector is thought to be a safe haven in the time of market duress. There is no question that the market is under…

• If This Were A Stock....

  Published 18 August 2010 | viewed 0 times

  See figure 1 a weekly price chart. The 40 week moving average (i.e, red line) is heading higher, and prices are trading above key pivot…

• Investor Sentiment: Composite Look

  Published 17 August 2010 | viewed 0 times

  Figure 1 is a composite look at investor sentiment as of week end. The indicator is constructed from the "Dumb Money" and "Smart Money" indicators,…

• Gold Technicals

  Published 27 July 2010 | viewed 0 times

  This will be a comprehensive review of gold technicals utilizing the SPDR Gold Trust (symbol: GLD). Figure 1 is a weekly chart of GLD with…

• Investor Sentiment: I Am a Squirrel

  Published 25 July 2010 | viewed 0 times

  Glenn Holderreed of Quacera Capital Management and the QPM Radar sent me an email the other day describing the market: "Charting this market is similar…

• Market Vectors Gold Miners ETF: Forming A Top

  Published 23 July 2010 | viewed 0 times

  Figure 1 is a weekly chart of the Market Vectors Gold Miners ETF (symbol: GDX). The pink and black dots represent key pivot points or…

• SP500: Death Cross or Buying Opportunity?

  Published 21 July 2010 | viewed 0 times

  Much has been made of the "Death Cross" that happened on July 2, 2010 in the S&P500. The "Death Cross" occurs when the 50 day…

• Treasure Yields: Hanging By Fingertips

  Published 20 July 2010 | viewed 0 times

  Over the past couple of months I have made the technical case for being long Treasury bonds. Below is a list of articles chronicling my…

• The Equity Markets In Graphs

  Published 19 July 2010 | viewed 0 times

  From this perspective, the equity markets have a bearish look. Figure 1 is a weekly chart of the S&P Depository Receipts (symbol: SPY). Key pivot…

• Investor Sentiment: We Need Buyers

  Published 18 July 2010 | viewed 0 times

  Without buyers stepping in, extremes in bearish sentiment will be just that - extremes in bearish sentiment. Prices not only ended the week on a…

• Research Notes on Rydex Asset Data

  Published 16 July 2010 | viewed 0 times

  Every week I present the following chart in our sentiment round up. See figure 1. It is the Rydex total bull to bear ratio. The…

• Be Careful What You Wish For

  Published 15 July 2010 | viewed 0 times

  File this article from Bloomberg under the "be careful what you wish for" column. The article highlights market sentiment data from Investors Intelligence, and for…

• Natural Gas

  Published 15 July 2010 | viewed 0 times

  Natural gas has been on our watch list since the beginning of the year, and I became more constructive on the asset on June 3,…

• Some Good Old Fashion Technical Analysis

  Published 13 July 2010 | viewed 0 times

  Before getting to the charts, some general comments first. 1) Today is one of those days that is likely to have both bulls and bears…

• Investor Sentiment: Bulls and Bears Need to Make Their Case

  Published 11 July 2010 | viewed 0 times

  Referring to a close below support levels, I stated the following last week: "There is always hope that the failed signal will just be a…

• The Case For Treasury Bonds

  Published 08 July 2010 | viewed 0 times

  With the economy softening and the Federal Reserve unable to provide a positive catalyst in the form of lower rates, the bond market has taken…

• Investor Sentiment: There Is Always Hope

  Published 05 July 2010 | viewed 0 times

  Hope is never a good strategy, but hope is all the bulls seem to have left. This past week's failed signal is not a good…

• Gold ETF: Time To Buy?

  Published 03 July 2010 | viewed 0 times

  On Thursday, the SPDR Gold Trust (symbol: GLD), which is the ETF that tracks the performance of gold, saw its worst one day performance since…

• What's Next? The Obvious Take

  Published 30 June 2010 | viewed 0 times

  The "fat pitch" that was looking good has fizzled into a stinky, foul ball. In all likelihood, we are looking at a bear market. Tuesday's…