Guy Lerner

Technical Take

Contributor since: 26 Feb 2010

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Biography

• Investor Sentiment: Bearish, Bullish or Something In- Between?

  Published 12 July 2012 | viewed 0 times

  Over the past week, I have read several accounts why the market must go up or down, and the authors of these articles typically sight…

• The Odds Are Against You

  Published 08 July 2012 | viewed 0 times

  I define the price cycle as the path prices take from low to high and back to low again. To help determine where I am…

• Investor Sentiment: Don't Worry Some Central Banker Has Your Back

  Published 01 July 2012 | viewed 0 times

  Last week, I complimented investors for understanding what is driving this market. It is the perception that some central bank has back stopped asset prices.…

• Gold: Bullish (Again!)

  Published 29 June 2012 | viewed 0 times

  It is the same play. Rather it is the only play in the central banker playbook! When things look dire, turn on the printing presses.…

• Market Top, Range Bound, Calendar

  Published 27 June 2012 | viewed 0 times

  This isn't one of those Johnny Carson and Ed McMahon Carnac the Magnificent skits where Ed reads the answers and Johnny surmises the question. But…

• Crude Oil: More to the Story

  Published 25 June 2012 | viewed 0 times

  In our Chart Book, which is a new weekly addition to TheTechnicalTake line up, I highlighted a chart of the i-Path Goldman Sachs Crude ETN…

• Investor Sentiment: Simply Put We Need Lower Prices

  Published 23 June 2012 | viewed 0 times

  For several weeks, I have been of the opinion that whatever bounce develops would not carry too far because sentiment really wasn't too bearish at…

• Economic Indicators Continue to Slide

  Published 19 June 2012 | viewed 0 times

  Several of the economic indicators that go into our real time recession indicator are starting to point to recession. However, as we have discussed recently,…

• Investor Sentiment: Poof!

  Published 18 June 2012 | viewed 0 times

  Last week's bullish signal in the "dumb money" indicator has come and gone just like that - poof! I guess sentiment isn't really too bearish.…

• So Where is the Consensus?

  Published 15 June 2012 | viewed 0 times

  We have already discussed the lack of consensus amongst the sentiment indicators, and this discrepancy in the data has me cautious. Typically, the best market…

• Investor Sentiment: There Is No Consensus

  Published 14 June 2012 | viewed 0 times

  In the weekly sentiment round up we noted the bull signal generated by the "dumb money" indicator, yet there was very little supporting evidence from…

• The Benefit of QE Remains in Doubt

  Published 12 June 2012 | viewed 0 times

  The old adage of what is good for Wall Street is not good for Main Street can easily be applied to the policy of quantitative…

• Investor Sentiment: Bullish Signal Awaits

  Published 10 June 2012 | viewed 0 times

  The "dumb money" indicator is now showing that investors are extremely bearish, and this is a bull signal. On average, the best time to buy…

• Investor Sentiment: Still Not There Yet

  Published 03 June 2012 | viewed 0 times

  Even I am surprised. The SP500 is down 9% in 9 weeks, and the bulls have yet to throw in the towel. Usually, the perma-bull…

• How Many Times Have We Heard That This is the Death of Bonds?

  Published 31 May 2012 | viewed 0 times

  I know they don't move much, but in these turbulent times, just getting your principal back from an investment is a winning proposition. I have…

• Investor Sentiment: Mixed, Nowhere, and Without an Edge

  Published 26 May 2012 | viewed 0 times

  Equity investor sentiment remains mixed. The Rydex market timers (i.e., dumb money) remain excessively bullish, and this is a bear signal. On the other hand,…

• Investor Sentiment: Are We There Yet?

  Published 19 May 2012 | viewed 0 times

  Like my whiny children, who after 30 minutes into a 6 hour car drive, investors are asking themselves, "Are we there yet?" After all, the…

• Investor Sentiment: It's Too Early to 'BTFD'

  Published 13 May 2012 | viewed 0 times

  In the absence of extreme bearish sentiment (i.e., bull signal) developing, it is unlikely that any upward price move in the major equity indices will…

• Mind the Gaps!

  Published 08 May 2012 | viewed 0 times

  The market action is "fugly" out there this morning. Several issues gapped below key support, and this is never a good sign. A daily chart…

• Investor Sentiment: 'Oops!! I Fell for it Again'

  Published 06 May 2012 | viewed 0 times

  There is a sense of panic amongst the bulls. My goodness the SP500 hasn't gone anywhere in 9 weeks, and the economic data isn't look…