Bad News Is Now Bad News
0
February 05, 2016

There now is a cascade of negative news and www.amuamu.eu investors are starting to get it.

The litany of help viagra price in canada this was felt much of this week. Even supposedly great Employment News Friday investors caught up with the http://www.radiosirokibrijeg.com/overnight-viagra analysis of what it was really like. Even Obama tried for a victory lap on news of a 4.9% unemployment rate. The laughable and hollow cheer was found to be BS since the data reflected terrible full time employment hiring and weak wage growth. We continue to lose full time well-paying jobs. Those jobs have taken flight given good trade deals for manufacturers and most good jobs are now off-shore.

Economic data all week was worse than disappointing. And the misleading employment report topped the cake. It used to be bad news was good for central bank easy monetary policies. But now, the jigs up. 

Market sectors moving higher included: Gold (GLD), Silver (SLV), Gold Miners (GDX), Natural Gas (UNG), Volatility (VIX) and little else.

Market sectors moving lower included: Everything else.

Below is the heat map from Finviz reflecting those ETF market sectors moving higher (green) and falling (red). Dependent on the day (green) may mean leveraged inverse or leveraged short (red).

 2-5-2016 5-45-09 PM

Volume was heavy once again on selling and breadth per the WSJ was negative. 

2-5-2016 5-47-51 PM

 12-17-2015 9-04-44 PM Chart of the Day

 

 

2-5-2016 5-52-10 PM.png gld

 

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Charts of the just try! Day
  • SPY 5 MINUTE

    SPY 5 MINUTE

  • SPX DAILY

    SPX DAILY

  • SPX WEEKLY

    SPX WEEKLY

  • INDU DAILY

    INDU DAILY

  • INDU WEEKLY

    INDU WEEKLY

  • RUT WEEKLY

    RUT WEEKLY

  • NYMO DAILY

    NYMO DAILY

    The NYMO is a market breadth indicator that is based on the difference between the number of advancing and declining issues on the NYSE. When readings are +60/-60 markets are extended short-term.


     

  • NYSI DAILY

    NYSI DAILY

    The McClellan Summation Index is a long-term version of the McClellan Oscillator. It is a market breadth indicator, and interpretation is similar to that of viagra uk chemist non prescription the McClellan Oscillator, except that it is more suited to major trends. I believe readings of +1000/-1000 reveal markets as much extended.

  • VIX WEEKLY

    VIX WEEKLY

    The VIX is a widely used measure of market risk and is often referred to as the "investor fear gauge". Our own interpretation has changed due to a variety of new factors including HFTs, new VIX linked ETPs and a multitude of new products to leverage trading and http://www.stel.it/buy-levitra-soft change or obscure prior VIX relevance. 

Friday was a short day for us as we had out of town friends to entertain and tour with.

Nothing we were long, beyond gold, suffered this day.

Next week will mean probably some shorting opportunities. Let’s see if that can work out for us.

Let’s see what happens

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Dave Fry is founder and publisher of ETF Digest and has been covering U.S. and global ETFs since 2001. 

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Top 25 Best ETF Newsletters in 2015.

ETF Digest was awarded one of http://templesinaivt.org/canada-viagra-online the most informative ETF websites in the 10th Annual Global ETF Awards.



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ETF Digest™
 

Disclaimer: The charts and comments are only the author's view of market activity and aren't recommendations to buy or sell only any security. Market sectors and related ETF's are selected based on his opinion as to their importance in providing the viewer a comprehensive summary of market conditions for the featured period. Chart annotation's aren't predictive of any future market action rather they only demonstrate the author's opinion as to a range of possibilities going forward. More detailed information, including actionable alerts, are available to subscribers at www.etfdigest.com

 

ETF Digest

Market Summary
NYSE Composite Index S&P 500 Index Nasdaq Composite Index Russell 2000 Small Cap Index NYSE Composite Index S&P 500 Index Nasdaq Composite Index Russell 2000 Small Cap Index 10 Year Treasury Note Yield Gold Bugs Index Morgan Stanley High Tech 35 Index Market Chart
Commodity Quote Change Change % NY
Gold1,159.703.300.29 % 08:05
WTI Crude Futr32.850.571.77 % 02:13:21.000
Index Quotes Change Change % Local
CRB161.93-1.52-0.93 %16:28
US Dollar96.970.460.47 % 16:43
Index Quotes Change Change % Local
VIX23.381.547.05 % 16:14
MSCI Value Daily MTD YTD
Brazil1000.5784.67 %4.34 % -3.44 %
Russia394.2425.19 %-1.67 %-2.59 %
India420.3151.13 %-1.73 %-8.54 %
China50.5561.29 %-2.50 %-14.90 %