Guy Lerner

Technical Take

Contributor since: 26 Feb 2010

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• Investor Sentiment: The Story Continues

  Published 28 June 2010 | viewed 0 times

  When we last looked at investor sentiment, I had noted that bearish sentiment (i.e., bull signal) had given way to a more neutral reading. In…

• Bonds Look Attractive

  Published 24 June 2010 | viewed 0 times

  There are two trades in this market: the risk trade and the non-risk trade. The risk trade is in equities and all the other assets,…

• Re-Defining Our Stops

  Published 23 June 2010 | viewed 0 times

  For several weeks now, I have argued that extremes in bearish sentiment are a "fat pitch." Why? Because market gains can be rather dynamic if…

• Investor Sentiment: Equities Need To Rise On Own Merit

  Published 20 June 2010 | viewed 0 times

  The major equity indices have forged a bottom over the past two weeks as the cycle of greed and fear plays out. As expected, investor…

• Market Observations

  Published 17 June 2010 | viewed 0 times

  Some observations in words and pictures on the equity markets. Back on June 8, 2010, I presented some charts that offered up some technical signposts…

• What Happened To All Those Can't Miss Signals?

  Published 13 June 2010 | viewed 0 times

  It has been 7 weeks since the S&P500 made its highs, and it has been 7 weeks since we had analysts finding every reason under…

• Investor Sentiment: Lack Of Conviction?

  Published 13 June 2010 | viewed 0 times

  Investors remain bearish, and buying into last week's weakness continues to be the right play -- so far. However, a positive outcome is far from…

• What Would Make Me Throw In The Towel

  Published 10 June 2010 | viewed 0 times

  A dynamic market environment with the potential for big gains is only half of the story. Getting into the market and protecting your capital if…

• Silver: Likely Market Top

  Published 10 June 2010 | viewed 0 times

  Figure 1 is a weekly chart of the i-Shares Silver Trust (symbol: SLV). The pink labeled price bars are negative divergence bars. The divergence is…

• Some Technical Signposts To Help Navigate An Increasingly ...

  Published 08 June 2010 | viewed 0 times

  In this article, I will take a look at some of the key price levels on the major indices to help determine our future course…

• Investor Sentiment: The Sweet Spot

  Published 06 June 2010 | viewed 0 times

  As hard as it is to believe, last week's "fat pitch" is this week's "sweet spot". As expected after last week's gyrations, investor sentiment remains…

• Natural Gas

  Published 04 June 2010 | viewed 0 times

  I believe natural gas is putting in a bottom, and it has the potential for an extended bullish run. Looking at figure 1, which is…

• This Will Drive You Crazy

  Published 01 June 2010 | viewed 0 times

  This article will no doubt drive crazy those investors who are always looking for that guarantee that everything in the markets is nice, neat and…

• Investor Sentiment: The Fat Pitch

  Published 29 May 2010 | viewed 0 times

  I am not a baseball person, but we all know what a "fat pitch" is. It is an easy one to hit. It doesn't mean…

• Is That A Head And Shoulders Top I See?

  Published 27 May 2010 | viewed 0 times

  Is that a head and shoulders top I see on the S&P500? Figure 1 is a weekly chart of the S&P500. Prices have probed the…

• Reader Comments And Questions

  Published 24 May 2010 | viewed 0 times

  I thought I would address some reader comments and questions. Reader D-man asked about the chart of the EURUSD cross rate. See figure 1 a…

• Investor Sentiment: It Would Be Better If...

  Published 23 May 2010 | viewed 0 times

  It would be better if prices on all of the major indices: 1) decisively broke their 200 day moving averages; 2) closed below weekly support…

• The Japanese Yen

  Published 20 May 2010 | viewed 0 times

  Several weeks ago reader Fu Manchu politely suggested that "he just didn't see it" with regards to my short Yen position. Several months back, it…

• Some Not So Deep Thoughts On Gold

  Published 18 May 2010 | viewed 0 times

  From the "Department Of It's A Sure Thing", we have, once again, investors being told that an asset is a sure thing just as it…

• Investor Sentiment: Neutral

  Published 15 May 2010 | viewed 0 times

  After 10 weeks of being "all in", the bulls have retreated leaving investor sentiment with a neutral reading this week. This seems kind of odd…