Tim Ord | TalkMarkets | Page 9
President at The Ord Oracle
Contributor's Links: The OrdOracle
Tim Ord earned a Bachelor of Science degree as a Mathematics teacher from the University of Nebraska in 1973. He became a Stockbroker in 1977 and worked his way up to Vice President and Senior Option Principal in 1981.Tim Ord has over 25 years in trading experience. In 1988, using his own ...more

Articles

Latest Posts
129 to 144 of 195 Posts
<<< 1 ... 7 8 9 10 11 ... 13 >>>
Strength In The Tick
Next week is Option Expiration week which normally has a bullish bias and it appears it will be an up week. Most signals develop from Friday to Monday and Tuesday.
Running Into Resistance
Next week is Option Expiration week, which normally has a bullish bias; the week before (this week) can produce short term whipsaws.
Market Setting Up For A Bullish Signal
Though SPY pulled back today the VIX remained below +16, closing at 14.57. SPY is running into resistance near the 280 level which is the November and December 2018 highs.
Market Is Weakening But Still In Uptrend
Over the last couple of weeks the cumulative tick increased its angle of rising, showing strength, but over the last couple of days it has rolled over and nearing it moving average. The SPX has reached its November, December higher near 2800 range.
What Will The Market Do Next?
Today the SPX ended higher by .12% and the VIX closed higher which is a short term divergence.
Will The Market Flip Sideways?
There is crosscurrent going on; the December high will most likely be touched before any larger pullback begins.
The Market Is Getting Stronger
The bullish percent index measures the percentage of stocks that are on point and figure buy signals. Recently the Bullish percent index jumped from 37.04% to 40.74% to today’s 44.44%.
Market Divergence
The Inflation/Deflation index moves in tandem with the XAU. When there is a divergence between the two, the Inflation/Deflation index normally gives the correct answer.
Will The Market Bounce?
The bearish sign is active now. The market can bounce here but probably will not go far.
Is The Market Going To Get Stronger Or Weaker?
Today’s market decline broke a new recent low and then closed above the previous low, which suggests a bounce is possible in the short term.
The Market Rally
Today’s market decline did not touch Friday’s low but could test that low tomorrow.
March - The Second Most Bullish Option Month
This is March options expiration week, which is the second most bullish option month (behind December) with a percentage of being higher 69%.
SPY: A Bounce Is Coming
SPY has made lower lows as the VIX made higher highs suggesting the downtrend may continue.
GDX Decline Is Not Done
There could be a short-term bounce in GDX but on the larger timeframe, it appears GDX decline is not done and could test the December 2016 low near 18.50 range which is the next support down.
GDX And Market Volatility
GDX and its relative indicators are showing internal strength which should lead to a positive break to the upside, eventually.
GDX Broke Above Its October 2017 High
The weekly GDX chart shows that GDX broke above its October 2017 high. However, on the weekly GDX/GLD charts, the Advance/Decline and the Up-Down Volume indicators did not show a weekly divergence.
129 to 144 of 195 Posts
<<< 1 ... 7 8 9 10 11 ... 13 >>>