Money Managers Report Lowest Exposure Since Early 2016

One of the sentiment indicators that I update MarketWatchers LIVE viewers on each Friday is the National Association of Active Investment Managers (NAAIM) exposure reading. A few things you should know about these guys. NAAIM’s membership ranges from small regional firms to large national firms, including hedge fund managers, mutual fund companies and a variety of other firms that provide professional services. Many of them are technicians. They will sometimes be "right" in their exposure in the very short term, but in the intermediate term, price reversals nearly always occur.

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11/16 MWL Recap: "What’s Hot, What’s Not" with Mary Ellen McGonagle – DP Sentiment Update

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or you can find the latest episode on the YouTube StockCharts channel here. Information abounds in our Monday through Friday 12:00p - 1:30p shows, but the MWL Blog will give you summary slides and time stamps for viewing later. Be sure and check out the MarketWatchers LIVE ChartList for the 10 in 10 charts.  Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is marketwatchers@stockcharts.com and come "like" our MarketWatchers LIVE Facebook page. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address.  < p class"entry-more-link">Continue reading Continue reading "11/16 MWL Recap: "What’s Hot, What’s Not" with Mary Ellen McGonagle – DP Sentiment Update"

11/15 MWL Recap: Julius de Kempenaer "Experimenting with Breadth on RRG" – Are You Buying This?

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or you can find the latest episode on the YouTube StockCharts channel here. Information abounds in our Monday through Friday 12:00p - 1:30p shows, but the MWL Blog will give you summary slides and time stamps for viewing later. Be sure and check out the MarketWatchers LIVE ChartList for the 10 in 10 charts.  Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is marketwatchers@stockcharts.com and come "like" our MarketWatchers LIVE Facebook page. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address.  < p class"entry-more-link">Continue reading Continue reading "11/15 MWL Recap: Julius de Kempenaer "Experimenting with Breadth on RRG" – Are You Buying This?"

11/14 MWL Recap: Guest Bruce Fraser "Searching for the Next Leadership Stocks" – Agree or Disagree

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or you can find the latest episode on the YouTube StockCharts channel here. Information abounds in our Monday through Friday 12:00p - 1:30p shows, but the MWL Blog will give you summary slides and time stamps for viewing later. Be sure and check out the MarketWatchers LIVE ChartList for the 10 in 10 charts.  Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is marketwatchers@stockcharts.com and come "like" our MarketWatchers LIVE Facebook page. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address.  < p class"entry-more-link">Continue reading Continue reading "11/14 MWL Recap: Guest Bruce Fraser "Searching for the Next Leadership Stocks" – Agree or Disagree"

DP Alert: Two More ST SELL Signals – Monthly PMO SELL Signals Likely

Before I get into the nitty gritty here, I want to relate a story of what literally (yes, literally) just happened to me about 10 minutes ago. I got a text from my 10-year old nephew, "Is there anyway I can check what is happening to the Nestle stock in the future?" Mind you, this has never happened, even remotely. Let's just say that my Dad and I are the only family members who talk about the market. My brother said that he was likely interested because he found out that Nestle owns a lot of other companies and brands (and he likes chocolate). So, being the good Aunt that I am, I sent him an annotated chart of Nestle. You'll find it at the bottom of this article if you're interested.

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11/13 MWL Recap: "Current State of Industry Groups" with Tom – Technical Scanning

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or you can find the latest episode on the YouTube StockCharts channel here. Information abounds in our Monday through Friday 12:00p - 1:30p shows, but the MWL Blog will give you summary slides and time stamps for viewing later. Be sure and check out the MarketWatchers LIVE ChartList for the 10 in 10 charts.  Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is marketwatchers@stockcharts.com and come "like" our MarketWatchers LIVE Facebook page. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address.  < p class"entry-more-link">Continue reading Continue reading "11/13 MWL Recap: "Current State of Industry Groups" with Tom – Technical Scanning"

DP Bulletin #2: SPX Adds Short-Term Trend Model SELL Signal

The OEX added a ST Trend Model SELL signal yesterday, and today the SPX will join with its own ST Trend Model SELL signal. These signals are generated on 5/20-EMA crossovers. When it is a positive crossover, it is a BUY signal. When it is a negative crossover, the signal can be either a SELL or Neutral. To determine which bearish signal to use, note the placement of the crossover. If it occurred above the 50-EMA it is a ST Trend Model Neutral signal. If it occurred below the 50-EMA (like today's signal), it is a SELL signal.

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DP Bulletin: OEX First to Log Short-Term SELL Signal

The whipsaw Short-Term Trend Model BUY signal generating on the OEX Friday below its 50-EMA was the culprit for today's ST Trend Model SELL signal. Remember that ST Trend Model signals are generated by 5/20-EMA crossovers in relation to the 50-EMA. A positive crossover is always a BUY signal. However, if a negative 5/20-EMA crossover occurs, there are two signals that can be generated, Neutral and SELL. If the negative crossover occurs below the 50-EMA, it is a SELL signal; otherwise, it is a Neutral signal.

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11/12 MWL Recap: Monday Setups – Earnings Spotlight – DecisionPoint Report

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or you can find the latest episode on the YouTube StockCharts channel here. Information abounds in our Monday through Friday 12:00p - 1:30p shows, but the MWL Blog will give you summary slides and time stamps for viewing later. Be sure and check out the MarketWatchers LIVE ChartList for the 10 in 10 charts.  Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is marketwatchers@stockcharts.com and come "like" our MarketWatchers LIVE Facebook page. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address.  < p class"entry-more-link">Continue reading Continue reading "11/12 MWL Recap: Monday Setups – Earnings Spotlight – DecisionPoint Report"

11/9 MWL Recap: What’s Hot, What’s Not with Mary Ellen McGonagle – Sentiment Update

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or you can find the latest episode on the YouTube StockCharts channel here. Information abounds in our Monday through Friday 12:00p - 1:30p shows, but the MWL Blog will give you summary slides and time stamps for viewing later. Be sure and check out the MarketWatchers LIVE ChartList for the 10 in 10 charts.  Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is marketwatchers@stockcharts.com and come "like" our MarketWatchers LIVE Facebook page. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address.  < p class"entry-more-link">Continue reading Continue reading "11/9 MWL Recap: What’s Hot, What’s Not with Mary Ellen McGonagle – Sentiment Update"

11/8 MWL Recap: Everything StockCharts with Grayson Roze – SCTR Report – Turning Point

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or you can find the latest episode on the YouTube StockCharts channel here. Information abounds in our Monday through Friday 12:00p - 1:30p shows, but the MWL Blog will give you summary slides and time stamps for viewing later. Be sure and check out the MarketWatchers LIVE ChartList for the 10 in 10 charts.  Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is marketwatchers@stockcharts.com and come "like" our MarketWatchers LIVE Facebook page. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address.  < p class"entry-more-link">Continue reading Continue reading "11/8 MWL Recap: Everything StockCharts with Grayson Roze – SCTR Report – Turning Point"

11/7 MWL Recap: "Muscular Manifesto" with Brian Livingston

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or you can find the latest episode on the YouTube StockCharts channel here. Information abounds in our Monday through Friday 12:00p - 1:30p shows, but the MWL Blog will give you summary slides and time stamps for viewing later. Be sure and check out the MarketWatchers LIVE ChartList for the 10 in 10 charts.  Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is marketwatchers@stockcharts.com and come "like" our MarketWatchers LIVE Facebook page. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address.  < p class"entry-more-link">Continue reading Continue reading "11/7 MWL Recap: "Muscular Manifesto" with Brian Livingston"

DP Alert: Momentum Shift – New PMO BUY Signals on DP Scoreboards

Lots of new BUY signals are appearing on the DecisionPoint Scoreboards in the short-term timeframe. This is good news for bulls, but I don't think they can breathe easy just yet. This rally reminds me of the last big rally we had in October that was not fueled by heavy volume. That rally failed. Today volume on the SPX was just under average. I would expect a day that finally released pent up bullish energy would have produced at least above average volume. Pundits are saying that the 'scared' money hasn't re-entered and that is why volume was low today.

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DP Bulletin: Dow and SPX Log New BUY Signals

The Dow and SPX both triggered PMO BUY signals after the close yesterday. In addition, the Dow printed a ST Trend Model BUY signal. I will be writing a more comprehensive blog this evening on these signal changes that occurred on the close yesterday. I just wanted to give everyone the heads up before tonight. I would also like to note that after the close today, the NDX and OEX should also log PMO BUY Signals. Read tonight's DP Alert for details.

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11/6 MWL Recap: Trend and Condition Workshop – Sector Rotation

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or you can find the latest episode on the YouTube StockCharts channel here. Information abounds in our Monday through Friday 12:00p - 1:30p shows, but the MWL Blog will give you summary slides and time stamps for viewing later. Be sure and check out the MarketWatchers LIVE ChartList for the 10 in 10 charts.  Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is marketwatchers@stockcharts.com and come "like" our MarketWatchers LIVE Facebook page. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address.  < p class"entry-more-link">Continue reading Continue reading "11/6 MWL Recap: Trend and Condition Workshop – Sector Rotation"

11/5 MWL Recap: Monday Setups – Earnings Spotlight with John Hopkins – The DecisionPoint Report

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or you can find the latest episode on the YouTube StockCharts channel here. Information abounds in our Monday through Friday 12:00p - 1:30p shows, but the MWL Blog will give you summary slides and time stamps for viewing later. Be sure and check out the MarketWatchers LIVE ChartList for the 10 in 10 charts.  Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is marketwatchers@stockcharts.com and come "like" our MarketWatchers LIVE Facebook page. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address.  < p class"entry-more-link">Continue reading Continue reading "11/5 MWL Recap: Monday Setups – Earnings Spotlight with John Hopkins – The DecisionPoint Report"

11/2 MWL Recap: Mary Ellen McGonagle with "What’s Hot, What’s Not" – DecisionPoint Sentiment Update

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or you can find the latest episode on the YouTube StockCharts channel here. Information abounds in our Monday through Friday 12:00p - 1:30p shows, but the MWL Blog will give you summary slides and time stamps for viewing later. Be sure and check out the MarketWatchers LIVE ChartList for the 10 in 10 charts.  Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is marketwatchers@stockcharts.com and come "like" our MarketWatchers LIVE Facebook page. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address.  < p class"entry-more-link">Continue reading Continue reading "11/2 MWL Recap: Mary Ellen McGonagle with "What’s Hot, What’s Not" – DecisionPoint Sentiment Update"

11/1 MWL Recap: DecisionPoint Monthly Review – Chart Breakouts!

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or you can find the latest episode on the YouTube StockCharts channel here. Information abounds in our Monday through Friday 12:00p - 1:30p shows, but the MWL Blog will give you summary slides and time stamps for viewing later. Be sure and check out the MarketWatchers LIVE ChartList for the 10 in 10 charts.  Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is marketwatchers@stockcharts.com and come "like" our MarketWatchers LIVE Facebook page. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address.  < p class"entry-more-link">Continue reading Continue reading "11/1 MWL Recap: DecisionPoint Monthly Review – Chart Breakouts!"

DP Alert: Monthly Charts Go "Final"

It's been some time since I've written about the monthly charts. Carl usually is the lucky one to cover them given the end of the month often hits on a Friday when he writes the Weekly Wrap. I thought today I'd cover the monthly charts for the DP Scoreboard indexes as well as a look at the SP400 ETF (IJH) and Russell 2000 ETF (IWM). I'll finish it off with the monthly charts of the "Big Four", Dollar, Gold, Oil and Bonds. Watch tomorrow's MarketWatchers LIVE show at 12:00p EST where I'll be talking through all of these charts with more detail. You might also be able to catch the DP Monthly Review in reruns on StockCharts TV or on YouTube next week.

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10/31 MWL Recap: Special Guest, Dr. Alexander Elder – "Watch Your Stop"

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or you can find the latest episode on the YouTube StockCharts channel here. Information abounds in our Monday through Friday 12:00p - 1:30p shows, but the MWL Blog will give you summary slides and time stamps for viewing later. Be sure and check out the MarketWatchers LIVE ChartList for the 10 in 10 charts.  Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is marketwatchers@stockcharts.com and come "like" our MarketWatchers LIVE Facebook page. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address.  < p class"entry-more-link">Continue reading Continue reading "10/31 MWL Recap: Special Guest, Dr. Alexander Elder – "Watch Your Stop""