Superstock Investor
Member Login   RSS ->
James DiGeorgia, Mr. Macro
- Chief Editor -
Mr. Macro
Geoff Garbacz, Mr. Micro
- Chief Strategist -
Mr. Micro
Dan Hassey, Mr. Retirement
- Senior Stock Analyst -
Mr. Retirement
Superstock Investor


[Printable Version of This Page]

Morning Matters:

Weekly Charts Updated
by Geoff Garbacz

May 10, 2018

Each week we highlight charts below of the SP500, Russell 2000, NASDAQ Composite, UUP, EEM, TLT, HYG,LQD and recently GLD. The charts use the 50 day moving average slope indicator. When it is green we like the instrument we are tracking and when it is red we avoid the name/sector/asset class.

Equity indexes are positive with the exception of the S&P 500 and most ETFs we are tracking are now in the red or negative. The U.S. Dollar remains green or positive. Bond ETFs are all in the red. GLD is the ETF that tracks the price of gold is still close to the zero line and has failed to break out and is slightly positive.

Remember what matters is the slope of the 50 day moving average not the 50 day moving average itself. As mentioned above, bond holders should be defensive for the time being. That said, we note the dollar is in rally mode.

All charts are created from www.erlangerchartroom.com and if interested in using this indicator in Chart Room please feel free to send us an email by using the Contact Us section from the home page.

[Image 1]

[Image 2]

[Image 3]

[Image 4]

[Image 5]

[Image 6]

[Image 7]

[Image 8]

[Image 9]

Charts courtesy of www.erlangerchartroom.com

Morning Matters Archives

FREE SERVICES

Morning Briefing

Get the information you need to make profitable decisions first thing in the morning. Access to the information is FREE, not knowing it could cost you a bundle!

SUBSCRIBER SERVICES

Superstock Investor Newsletter

Published once a month. Get the big picture, what happened last month and predictions for the month ahead.

Investors Edge

Take advantage of the knowledge provided by people who live to monitor the Stock Market. People like:

  • Phil Erlanger
  • Tom McClellian
  • Mohan
  • Geoff Garbacz
  • Steve Weintz

Get access to information from publications like:

  • The Kiplinger Letter
  • The Agile Trader
  • McClellan Market Report
  • Gold and Energy Options Trader
  • Mohan's Market Force

***

Not a Subscriber?

[Superstock Investor Newsletter]

Superstock Investor's goal is to provide subscribers a steady stream of original stock ideas with an emphasis on takeover candidates. These are companies that have flown onto our radar screens as potential takeover targets, or special situations with some catalyst promising to send their shares soaring. Continue..