Sector Indicies buy/sell

[maxpain]

Sector Indices buy/sell

Insurance might have bottomed. Target <300 Nov/Dec in 6/7 weeks
1st weekly chart
2nd daily

 

[maxpain]

Banks

Could have made a spike today. Fits well together with insurance.

 

[maxpain]

Nice reading

Stole this post from another board - good though
"I took a glance at the 25 indexes on CS's Real Time Market Diary and clicked on the yearly view and assigned either bullish/bearish/or sideways patterns. Then I looked again at each one and finalized the results. You might find it interesting. Let me know what you think and if any questions, ok?
Results were as follow: Very Bullish - Amex oil.

Bullish - 7 (Dow Jones Composite, Trannys, Utilities, Nas Banks, Nas Financial, Gold, and Amex Xchg).

BEARISH - 3 (Computer, NMS Composite, Semi's)

All the rest were sideways (or neutral) formations.....

OEX - Sideways pattern.
Russ 2000 - Sideways pattern.
Nasdaq - Sideways.
Dow - Neutral.
Dow Jones Composite - Bullish formation.
Transportation - Bullish - leading the mkt upwards.
Utilities - Bullish pattern - leading the mkt upwards.
S&P - Sideways pattern.
Mid Cap 400 - Sideways pattern.
Nas Banks - Bullish pattern.
Nas Industrials - Sideways pattern.
Nas Insurance - Sideways pattern.
Nas Computer - Bearish pattern.
Nas Telecom - Sideways pattern.
Nas NMS Comp - Bearish pattern.
NDX - Sideways pattern.
Nas NMS Ind - Sideways pattern.
Nas Financial - Bullish pattern.
Amex Biotechs - Sideways pattern.
Internet Index - Sideways.
Semi's - Bearish pattern.
Val Line Arithmetic - Sideways pattern.
Gold - 6-mos pattern bullish.
Amex Oil - Very bullish pattern.
Amex Exchg - Bullish pattern."

 

[maxpain]

Sox & Xtc

SOX trading the upper BB band!?
PF-chart had a break out - see if it lasts - I´m in doubt. XTC will probably get hammered after AT&T´s big loss yesterday & Ericsson´s disappointing outlook.

KLAC - the SOX-engine bullish. SMH (semiconduct holders) flat? Software & Internet looking bullish
http://data.island.com/ds/data/topl...dshares&order=asc&html=true&ah=false&rows=100

 

[maxpain]

Put/Call volume/value; Premium of EZ

Updated links
P/C-vol
http://ts-lc.sc8.finance.lycos.com/...aram2=26&Param3=9&FontSize=10&LocaleID=0x0409
P/C-value
http://ts-lc.sc8.finance.lycos.com/...aram2=26&Param3=9&FontSize=10&LocaleID=0x0409

CBOE todays volumes & ratios
http://www.cboe.com/data/IntraDayVol.aspx

Program buying (Premium)

 

[maxpain]

BTK Biotechs in danger zone!

watch out!
http://stockcharts.com/def/servlet/SC.pnf?c=$BTK,P

 

[maxpain]

XTC/SOX-rally starting next week?

Time for technology; NDX100 bullish, lots of buy signals
Stock Scans (stockcharts)

Microchip world wide sales up!

adding a 10y monhly chart on XTC - short term target 675-80 - in 6 months maybe 780 (???)

 

[maxpain]

Confirmation!

SOX, XTC, INSR confirmed
BKX not there yet

 

[maxpain]

US Paper Industry

could/should turn here. A little early but European producers are bleeding at the moment and must raise their prices. The real benefiters are US producers.
$DJUSPP

 

[maxpain]

XTC - an example of how to fool investors

or rather the option players. Nothing happened in the 3 box PF-chart so buy signal never threatened.

 

[tradesmart]

Very interesting and useful comments and charts Max.....!

(and in so many tradeable areas........!)

Keep up the good work......

Regards

 

[maxpain]

Very interesting and useful comments and charts Max.....!

(and in so many tradeable areas........!)

Keep up the good work......

Regards

Thanks! Just saw that Biotechs made a key reversal so not much for the bears at the moment. Very bullish sentiment as I see it. Things change!

 

[maxpain]

let´s see if this one works this time

 

[maxpain]

XTC giving a strong buy signal in the monthly chart.
Index page

 

[maxpain]

Drugs looks ugly -
NWX Networking stocks are bullish
SOX - probably also bullish (haven´t looked at them but they usually trade in a similar pattern as NWX & XTC)

Guess we will see consolidation in bullish sectors and a dump of stocks in some until the OEX.

Then we might get a nice rally IMO.

 

[maxpain]

Found this chart ;-)

SOX; up/down volumes!

 

[maxpain]

Sector Charts
Sector Holders