ETF Prophet

Login
Our Flickr Channel Our Facebook Our RSS Feed follow us on twitter
You Are Browsing the March 2012 Archive:

Blistering Return

Posted by on March 30th, 2012

We just wrapped up the best first quarter since 1998 with another small green close. NASDAQ was weak with some selling in Apple. The NYSE did much better on strength in oils and commodities. We have the start of a new month and quarter next week.  The bulls will probably be expecting mutual fund Monday on [...]

Friday Fun – Tribute to Mr. Three Fingers

Posted by on March 30th, 2012

Dear Hackers

Posted by on March 30th, 2012

Nothing to see here, please stop attempting to wreck our site. We know who you are, not that you care — now move along please.

03.30.12 – End of Quarter Trade

Posted by on March 30th, 2012

Chat Room Links

Posted by on March 30th, 2012

Good Morning,brbrApparently the ETF Prophet site has gone down.  Our team is working to trouble shoot that.  Meanwhile, the quot;Chatzyquot; room link is:brbra href=”http://www.chatzy.com/mrkt-chat”http://www.chatzy.com/mrkt-chat/abr brThe current password is quot;Summerquot;.brbrHave a terrific day and weekend ahead, Jeffbr

ETF Rewind Pro – 03.29.12

Posted by on March 30th, 2012

div stylediv style=”color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px”bETF Rewind Pro – 03.2font color=”#222222″font face=”arial, sans-serif”9/font/font.12/b/divi style=”color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px”div ibr/i/divfont color=”#222222″ face=”arial, sans-serif”Dear Subscriber,brbr/font/ifont color=”#222222″ face=”arial, sans-serif”While hardly breaking the up-trend, today#39;s price action tested the rising a href=”http://etfprophet.com/03-29-12-cant-catch-a-bid/”twenty-day moving average/a for the third time this month.  After three days of declines, it hardly #39;feels#39; as if stocks are higher on the week, but [...]

Will the Bears grow some Claws?

Posted by on March 29th, 2012

Even though we did bounce back this afternoon, breadth was very weak.  Today was a ground hogs day mirror image with yesterday.  With a strong sell off piercing the low yesterday in the morning bought back up by end of the day.  This is also the second three straight down day in two weeks and the [...]

03.29.12 – Can’t Catch a Bid

Posted by on March 29th, 2012

This down channel is now firmly ensconced; however, price is coming into major support zones beginning here at the twenty-day moving average (see magenta line below). Should it break, the obvious next target will be the 50-days. An interesting consideration I have been pointing out in our trading room is institutional quarterly re-balancing on the [...]

ETF Rewind Pro – 03.28.12

Posted by on March 28th, 2012

divdiv style=”color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px”bETF Rewind Pro – 03.2font color=”#222222″font face=”arial, sans-serif”8/font/font.12/b/divi style=”color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px”div ibr/i/divfont color=”#222222″ face=”arial, sans-serif”Dear Subscriber,brbr/font/ifont color=”#222222″ face=”arial, sans-serif”The relative correction between price and the VIX removed the bearish signal from the board sooner than I anticipated.  The two week pause in price action has also put us back into a more normal performance band.  A [...]

Consolidation Turning into Profit Taking?

Posted by on March 28th, 2012

A pullback of 0.5% in the S&P 500 feels like a severe correction intraday but the dip buyers stepped in again before the close.  Some unemployment data will post in the morning, but the main focus will be on the end of quarter.  End of quarter rebalance was one reason rumored for the sharp intraday [...]

SPY Support & Resistance

Posted by on March 28th, 2012

03.28.12 – Bernanke Backfill

Posted by on March 28th, 2012

A continuation of yesterday’s late afternoon slide has closed the Bernanke inspired gap and run. It appears price is finding support near that level at the SPY $140 level going into the afternoon. However, with momentum strong and internals weak, it will be important to watch that key level closely. Excerpt from last night’s ETF [...]

ETF Rewind Pro – 03.27.12

Posted by on March 27th, 2012

div stylediv style=”color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px”bETF Rewind Pro – 03.2font color=”#222222″font face=”arial, sans-serif”7/font/font.12/b/divi style=”color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px”div ibr/i/divfont color=”#222222″ face=”arial, sans-serif”Dear Subscriber,/fontbrbr/ifont color=”#222222″ face=”arial, sans-serif”Last night#39;s consolidation thesis played out well until the final hour, when a spiking VIX shadowed a mild retrace led by Energy and Financials.  The fall back was a bit more severe for the Russell 2000, whose [...]

Consolidation

Posted by on March 27th, 2012

It was another very tight range day until some profit taking finally kicked in the last hour.  We continue to hold up pretty well after yesterday’s large gain.  The plan was to look for some end of the week weakness before new month buying kicks in next week.  Lets see if the bulls can hold [...]

03.27.12 – Consolidation

Posted by on March 27th, 2012

We are seeing range-trade internals at the mid-day consolidating yesterday’s significant progress. A rising VIX suggests hedges are being placed, however.

RYDEX Mosaic

Posted by on March 27th, 2012

This model of Mosaic uses a variety of RYDEX funds in lieu of ETFs.  All  RM and rebalancing trades are accomplished 15 minutes pre close. RYDEX funds designed to mimic ETFs such as QQQ and XLV have somewhat different performance characteristics which requires tweaking the capital allocation algorithm to optimize yields.  Top left  $4476 is [...]

Derivative Optimization

Posted by on March 27th, 2012

Asset allocation receives much of the focus in the literature for optimization. Whether it is Minimum-Variance, Risk-Parity or Mean-Variance, we think of these tools as suitable primarily in the context of asset allocation. While these are key concepts to understand to be successful, they represent the tip of the iceberg in the quest for efficient alpha (arguably beta) generation.  [...]

ETF Rewind Pro – 03.26.12

Posted by on March 26th, 2012

divdivdiv style=”color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px”bETF Rewind Pro – 03.2font color=”#222222″font face=”arial, sans-serif”6/font/font.12/b/divi style=”color:rgb(34,34,34);font-family:arial,sans-serif;font-size:13px”div ibr/i/div font color=”#222222″ face=”arial, sans-serif”Dear Subscriber,/fontbrbr/ifont color=”#222222″ face=”arial, sans-serif”Equities received an unexpected boost from accommodative comments by Fed Chairman Bernanke.  uAlthough volume was on the light side, the strong momentum has nullified our reversion signals, leaving me on balance to expect a narrow consolidation trade [...]

« Previous Entries