Guy Lerner

Technical Take

Contributor since: 26 Feb 2010

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• Copper: Market Top?

  Published 03 February 2010 | viewed 2,736 times

  Copper, the metal with the Ph. D. in economics, has retreated some 12% over the last 4 weeks. Possible causes include: 1) slowing economic growth;…

• To Risk Or Not To Risk

  Published 02 February 2010 | viewed 2,601 times

  In many respects the current market environment can be broken down into a very simple construct: to risk or not to risk. To start this…

• Investor Sentiment

  Published 31 January 2010 | viewed 2,372 times

  From the highs three weeks ago to the lows of this past week, the S&P500 has slid about 7%. This is not as great as…

• My Best Performing ETF

  Published 26 January 2010 | viewed 2,927 times

  Sorry for the catchy headline, but the SPDR KBW Regional Bank ETF (symbol:KRE) has been my best performing ETF since I first highlighted the sector…

• Investor Sentiment: Poorly Positioned

  Published 23 January 2010 | viewed 4,449 times

  After notching a high earlier in the week for this rally that started in March, 2009, the S&P500 went on to lose over 5% in…

• Rydex Market Timers: Update!

  Published 22 January 2010 | viewed 2,851 times

  The Rydex market timers continue to serve as a good short term contrarian gauge to market action. It is late at night and I will…

• Stalking Japanese Small Cap ETF

  Published 21 January 2010 | viewed 2,093 times

  From a technical perspective, I seem to be much more enamored these days with Japanese equities as opposed to US equities, which are highly overbought…

• As A Corollary To A Higher Dollar....GLD, GDX, SLV

  Published 20 January 2010 | viewed 3,459 times

  As a corollary to a higher Dollar, it is my expectation that precious metals will be under pressure. For example, I have had a sell…

• Expecting the Dollar Index To Rise For 2010

  Published 19 January 2010 | viewed 3,699 times

  In 2009, investors were down on the US Dollar, and anytime the US Dollar was down, everything else was up. But as we head into…

• Investor Sentiment: They Don't Ring A Bell At The Top

  Published 17 January 2010 | viewed 3,877 times

  There are two kinds of bulls: 1) there are those bulls who are intent on squeezing every last percentage point from this rally and who…

• Technical Update On IEF And TLT

  Published 15 January 2010 | viewed 2,133 times

  When we last looked at longer term Treasury yields, I stated that longer term Treasury yields were likely to undergo a secular trend change from…

• Key Price Levels: SPY, DIA, QQQQ, and IWM

  Published 14 January 2010 | viewed 2,658 times

  It has been many months since I have looked at the key price levels on the ETF's that represent the major market indices. This used…

• Watch This Commodity in 2010

  Published 13 January 2010 | viewed 4,782 times

  If there is one commodity that I believe will be worth watching in 2010, it will be natural gas. Natural gas has the technical characteristics…

• Rydex Market Timers: A Long Term View

  Published 12 January 2010 | viewed 3,458 times

  Rarely in this forum have we used the Rydex market timers to guide us in making that intermediate term trading decision. Typically, money flows in…

• ETF's To Buy, Sell, or Hold

  Published 11 January 2010 | viewed 2,494 times

  This is a follow up to the list of ETF's that I had presented with buy, hold or sell recommendations. See Table 1. Table 1.…

• Investor Sentiment: No Comment Needed

  Published 10 January 2010 | viewed 2,398 times

  As you would expect, very little has changed with regards to investor sentiment. Therefore, no comments are necessary. In fact, sentiment has become so extreme…

• This Correlation Still Exists

  Published 09 January 2010 | viewed 3,651 times

  As you all know, there has been a tight correlation between the US Dollar Index and equities for the better part of 9 months. If…

• Inflation Pressures Heating Up, Again!

  Published 08 January 2010 | viewed 2,504 times

  The composite indicator that measures the trends in gold, crude oil, and yields on the 10 year Treasury will end the week in the extreme…

• SP500: Long Term Technical Outlook

  Published 02 January 2010 | viewed 4,465 times

  Looking out over the next 12 months, my outlook for the S&P500 is bullish. This may surprise many of you as I have had a…

• Rydex Market Timers: Expecting End Of Year Bounce

  Published 31 December 2009 | viewed 3,361 times

  December 29, 2009 The Rydex market timers are betting heavily that an end of the year bounce will materialize as the bullish and leveraged assets…