Guy Lerner

Technical Take

Contributor since: 26 Feb 2010

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• Investor Sentiment: The Perfect Trifecta

  Published 16 August 2009 | viewed 2,969 times

  The "Dumb Money" indicator continues to hit new extremes despite last week's slight down market. The Rydex market timers continue to be bullish and leveraged…

• On The Line: Credibility

  Published 12 August 2009 | viewed 3,583 times

  The equity markets are at another one of those "critical" junctures. I use the quotations because the markets are always at another one of those…

• Who Is Left To Buy?

  Published 11 August 2009 | viewed 4,649 times

  By now you should know that one of my favorite aspects of the Rydex data is the amount of assets in the bullish and leveraged…

• Investor Sentiment: Extremely Extreme

  Published 09 August 2009 | viewed 4,548 times

  Investor sentiment is extremely bullish as the "Dumb Money" indicator has registered its second most extreme reading ever. The current value is only less than…

• Gold v. Currencies

  Published 05 August 2009 | viewed 3,279 times

  Figure 1 is a concept that I have put forward before, and it is gold's performance relative to a basket of 8 currencies.Those currencies are:…

• Investor Sentiment: Dumb Money Bullish Again!

  Published 02 August 2009 | viewed 4,194 times

  Over the last 4 weeks, the S&P500 has gained a little more than 12%, and during that time, investor sentiment, as measured by the "Dumb…

• Is 2009 Like 2002?

  Published 27 July 2009 | viewed 4,039 times

  I have often thought that the 2009 rally resembles the rally off the September 11, 2001 lows that lasted into March, 2002. Even though the…

• Investor Sentiment: Investors Not Buying It

  Published 26 July 2009 | viewed 3,497 times

  Investor sentiment remains little changed after a two week "melt up". The "Dumb Money" indicator is shown in figure 1. The "Dumb Money" indicator looks…

• Semiconductor Sector: Folks Now Just Catching On

  Published 20 July 2009 | viewed 2,693 times

  On March 20, 2009, I wrote an articled entitled, "Semiconductor Sector: Potential For A Secular Run". In this article I stated: "The technical evidence suggests…

• Investor Sentiment: Exhaustion Move?

  Published 20 July 2009 | viewed 3,581 times

  Last week I wrote: "In the short term, there is always hope for the bulls as prices on the S&P500 remain above the down sloping…

• Fundamental Driver For Dollars Downfall?

  Published 17 July 2009 | viewed 3,672 times

  David A. Rosenberg, chief economist and strategist for Gluskin Sheff and Associates, writes a very nice (and free) almost daily commentary about the markets and…

• Dollar Index: At Risk To Unravel

  Published 15 July 2009 | viewed 1,366 times

  The Dollar Index (symbol: $DXY) is trading significantly lower this morning, and it is at risk of closing the week below three pivot points as…

• Investor Sentiment: Whats Next?

  Published 12 July 2009 | viewed 3,774 times

  After being bullish for 9 consecutive weeks and having seen the S&P500 fall some 5% over that time, the "dumb money" has finally given up…

• Sectors At Risk

  Published 07 July 2009 | viewed 2,856 times

  In "6 Leaders For The Next Rally Phase", I highlighted those sectors that had the potential to lead the next bull market phase if and…

• Investor Sentiment: There Is Always Hope

  Published 05 July 2009 | viewed 2,848 times

  In a low volume, holiday shortened week that ended with a bang of selling pressure, the "dumb money" has yet to give up hope. The…

• Inflationary Pressures Are A Legitimate Concern

  Published 30 June 2009 | viewed 3,117 times

  William Hester, CFA is a Senior Financial Analyst with the Hussman Funds, and he has written an interesting article that attempts to answer the question:…

• Investor Sentiment: Summer Doldrums

  Published 28 June 2009 | viewed 3,204 times

  It is the end of the month. It is the end of the quarter. It is the week before a holiday. This gives the market…

• Seasonal Factors Likely To Influence Share Prices

  Published 23 June 2009 | viewed 3,288 times

  As we wind our way into the summer duldrums, much has been written of seasonal factors. "Sell in May and go away" is an often…

• Investor Sentiment: Losing Conviction

  Published 21 June 2009 | viewed 3,076 times

  The "dumb money" is beginning to lose conviction. The "Dumb Money" indicator has been in the extremely bullish zone suggesting too many bulls for 7…

• Very Dangerous Time For Dollar Index

  Published 19 June 2009 | viewed 4,272 times

  I don't want to get into the prediction game or even be the first one to say, "I told you so", but I believe the…