Weekly Sector And Industry Money Flows

Not much to surprising about the sector money flows the past week, with GOLD making all time highs, you would expect to see GLD leading the pack. I am a little surprised at the negativity in bonds, but with the markets rising this week you would expect to see the risk trade being lightened up on, as evidenced by the poor showings in consumer staples and utilities as well. I can't help but think, that with Mom and Pop piling into bond funds, the final nail in their investing live's will come pretty quickly, when eventually the bond market start's to price in the emminent default of US Treasuries, sending yields back to the 1980 highs in the 18-20% range, and crushing bond prices.
I have that chart of the Q's up, to show the continuing divergence in TSV against price, the last time this happened was the divergence in TSV in the May to June tops, just before we had the June to July pull back, even MS has a little divergence in it this time, in that June to July period it actually made a higher high, to counter act the poor TSV. Of course, the earnings fabricated short squeeze ballon saved us in July, and since earnings are almost done now, I have no idea what Da Boyz are going to fabricate now, to drive us higher into January, I know their Street appointed TV shrill's are already trying to convince the nonbelivers still sitting on the side lines, that this is truly the single most undervalued market in history, that is, if you use some thing like FORWARD PROJECTED NON GAAP INFLATION ADJUSTED OFF BALANCE SHEET HIDDEN NOTES THE CONSUMER IS GOING TO SPEND OUT THE YING YANG OVER THE NEXT YEAR type of parameters to arrive at some low P/E to use as your, "See, SEE", argument. Wad ever, it will be awhile before S & P comes out with their final, ACTUAL, number's, I'll be interested to see if the ACTUAL earnings over the past year get the P/E under 100.

The industry money flow winners were almost all M & A and earnings dominated, as a single large player can move the entire industry, like MG330, Automotive, hahahahahaha, isn't Ford the only one left in that group?? Sporting Activities wouldn't be related to the world series would it?? Who played in that thing any way??

The industry loser, "winner", was Drug Stores, all because of CVS, what, there's only like three companies in that industry, right?? The Regional Banks continue to show up on the loser's list, and now I notice Savings and Loans jumped almost to the bottom of the list, HMMMMM, let's see, the FED, and the GOVERNMENT, have mandated that you receive ZERO interest in your savings accounts, IN FACT, you probably have to PAY to SAVE, as they have some fee included, so why would SAVINGS and LOANS be showing such poor money flows, hahahaha! STOP TRYING TO SAVE MONEY YOU ROACH'S, GET OUT THERE AND SPEND SPEND SPEND, YOUR UNCLE SAM NEED'S WHAT LITTLE MONEY YOU HAVE LEFT!

A lot of the money flow winner's in the Russell 1000 this past week were M&A and earnings related, I high lighted the chart of AMLN because, OBVIOUSLY, some thing is going on, as it got a big money flow surge, but the stock did nothing, it must have some FDA trial results coming up, IF NOT, well, like I said, some thing's going on. On a WEEKLY chart basis, most of the bottom half of that list look interesting, NEM is interesting, as it regards it's relationship with GOLD, as it's DIVERGING, IE, GOLD is making all time highs, and yet NEM is not even close to that, it's saying some thing, I'm not quite sure what it is.

I put that weekly chart of DF up, with the Russell 1000 money flow loser's, because I was pretty amazed at how money has been consistently flowing OUT of this thing for the last year, well, actually, the last TWO years. I'm kind of surprised to see FLR on the list, obviously the famous Pelosi SPENDING, eeeeeeerrrrrrrr, STIMULUS package, is not finding it's way to the job creation area's yet. Most of the loser's were earnings related, I would think that the weak flow out of KFT would be "investor's" quietly taking a little off the table, until they see the details of the new Cadbury hostile bid.

Pay "ROLL" ME!!

The circled bar is the "actual" open of the markets, this is the ES futures with the over nights, ANYWAY, SUCK CITY!!! The first bar actually went down a little, then it was adios MF'er's, taking us right back up to the over night highs, where we were right before the payroll release, and then just shit around all day, never able to get over that level again.
Now, mind you, the markets finished UP, so, it makes for some fun when the yakking yelling heads, when asked about why OIL was down, said, well, oil is down because of the poor payroll report, and the possibility of reduced demand!!?? When asked why GOLD was UP, while the dollar was UP (I thought the "market" goes UP, when the dollar is DOWN??), they said it's the increased demand for gold as risk increase's in the equity markets because of the poor payroll report!!??? When asked why BONDS were UP, they replied that the bond market was up because it was seeing increased risk to the economic recovery, because of the poor payroll report!!!???? "They" had NO explanation for the dollar being UP.

Oh, yea, that's right, the markets finished UP, didn't they!! Hahahaha, I'm telling ya, well, I ain't telling ya, other than it SUCKS!! When asked why the markets finished UP, well, they had NO explanation for that.

You can tell of course, I was listening to Brian Westbury, and Stan Stoval of S&P.

6:35AM: Hmmmmm, Da Boyz sprung the trap just before the release of the numbers, the ROACH's!!! The payroll number's themselves were a little mixed, as the -190,000 is worse than the -175,000 "expected", but it's still a lot better than it was a while back, HOWEVER, the unemployment RATE jumped four tenths of a percent to 10.2%, a huge leap!

The interesting part, to me at least, was the trap Da Boyz sprung on that 5 minute chart at the bottom. Since Da Boyz run the government, I mean by that Goldman, Merrill, JPM, BAC MS, etc etc etc, they KNEW EXACTLY what the number was going to be, and they ran the future's up to the high's for the over night session, on the bar RIGHT BEFORE THE RELEASE, IE, they sucked in as many, aaaaahhhhh, SUCKERS, as they could, giving the impression that the people in the "KNOW", were piling in on an anticipated GOOD number, hahahahahahahaha!!!! SIGH, this is EXACTLY, why I don't even REMOTELY, think about trying to game the "NEWS"!

ANYWAY, I find the daily chart of the future's, at the top, interesting, as we are putting on a BOF, a break out failure bar, on the daily chart, making new rally highs, and failing to hold them. ANYWAY, I have NO IDEA what, "THEY", have in store for us the rest of the day, we are currently down even MORE, this is 6:49 right now, if we continue to dump into the open, "THEY", could be setting up another trap, with a "BLAST OFF" after the open, THE ROACH'S!! Sigh, god I hate this newsy shit, anyway, it goes with out saying, that I'd be a little, aaaaahhhhh, CAREFUL, out there today.

Good luck.

7:05: On a personal note, DEPENDING ON THE ACTION JUST BEFORE THE OPEN, I will be uncovering the short legs on my positions, right after the open, IE, take the hedge's OFF. Naturally, my mouse finger will be bouncing like crazy, ready to put them back on in an instant, but if we continue down right into the open, I'll feel more comfortable taking them off, HOWEVER, if we get some kind of little counter trend rally going into the open, then, NO, I won't take them off, I'll hold on to them, in anticipation of a TEST of the premarket lows, after the open. By a test, I mean I would like to see them TAKE OUT the premarket lows, and then maybe one or two bars later, rebound back up, some thing like that.

Anyway, it will probably get my attention this morning, hahahaha!

SWINE FLU

I've been a little under the wheather, I don't know if it's the swine flu or what, stinking stuff! I'm hoping to be back in action, maybe tomorrow morning, for sure by the weekend.
Don't freak out tomorrow morning if the payroll report comes in much worse than expected, I've been hearing that we may get one of those "seasonal" adjustment thingey's. Wad ever.

One notable "missing in action" member of the NasDogs today was RIMM, interesting.

11/4/09

"Crash Your Clunkers", hahaha, http://news.yahoo.com/s/ap/20091104/ap_on_bi_ge/us .

You know, I hate to even read stuff like this, http://market-ticker.denninger.net/archives/1578-JP-Morgan-And-Alabama-Swaps.html , because it drives me to stinking drink!! I mean, well, it's just disgusting, not only are the fricking CROOKS NOT in jail, but they get BILLIONS in corporate welfare, and what we get for it, is the honor of being first in line to get the big one shoved up our rear ends. THE GOVERNMENT SUCKS!

2:20pm: AAAAAARRRRGGGGGUUUUUHHHHH! I meeced eeet! The reaction, in the white circle, was really lousy, no clear trend, the FIRST reaction was actually to the UPSIDE, BUT, the first candle closed to the down side, so I guess you would say the reaction was down, wad ever, that's what it ended up being. Anyway, we get what was really the COUNTER rally, which took us to new highs on the day, then we pulled back, and that's when I meeced eeet, in the yellow circle, I mean, I can't deal with a drop off like that, we were sitting on top of that 20ma, and I thought we'd hold it, sigh, good fricking luck with THAT ONE! With my "systems", I would have to get a fall through the 20ma, AND THEN A COUNTER RALLY BACK UP TO IT, that stalls, and THEN I'd short it, like I will tomorrow, after we rally back up to it. CSCO is saving the market right now, as they blew away earnings in the after hours, beating by the proverbial penny.

The daily chart is a zippo, absolutely nothing I can see, the IWM looks a lot worse, BONDS, in the form of the TLT, took a "surprising" drop today, IE, interest rates went up. I will be a huge bond buyer, when we drop like another 8-10 points on that thing.

I may be an Old Goat, but I sure as hell ain't no mountain goat!

UH OH, GULP!!!!! Hahahahaha, some one is already talking about the "possibility" of a coming Head and Shoulder's setup, the name of the individual will be withheld to protect the not so innocent. HEY, it's not that it doesn't make perfect sense to me, but, it just seem's a little, aaaaahhhhhh, premature, at this point. The neckline of course, is my big yellow line.

The Challanger payroll report came in worse than expected, the ADP payroll report came in worse than expected, I heard at least three big outfit's yesterday, last night and this morning, talking about more layoff's, the result is the markets are BLOWING fricking up, up almost 1%, gold and oil are flying, bonds are crashing with interest rates going up, and the dollar down.
If this can hold up into the open, I will be taking profits in that IWM trade IMMEDIATELY after the open.
The FED crash's the party today at 2:15pm ET with the release of the FOMC "statement", like, it's going to be any different than the last ten releases. ANYWAY, the release create's one of my favorite patterns, http://cluelessqtrader.blogspot.com/2009/04/42909.html , that's a prior description of it, basically we get an initial move in one direction or the other, we then get a counter move that can be equal to or greater than the first move, we then move back in the direction of the original move, here's a better picture of it, http://cluelessqtrader.blogspot.com/2007/06/fomc.html .

UN UDDER Watch List for 11/4/09

As a "Disclaimer", I'm already in this thing, from much Lo, Low, Lowe, eeeeeeeerrrrr, HIGHER, levels, Hahahahahahaha (Seriously, I'm NOT trying to sell it to you, HAH!), but I will "probably" (that's disclaimer) add to it in the morning. I hate the fact it had NO volume today, sigh, not good, BUT, the R/R is VERY clear, under that 50dma, around $13, and personally, I WILL BE OUTTA THERE!!!!!

For those of you that like weak sister's (nothing against you girls mind you!), this looks WEAK! What's not shown, is I looked at the TSV and MS on it, and it looks Baaaaaaaaaad (Damn Sheep!), other's that look almost exactly the same, include XRAY, BEC, and LUK.

I wouldn't even bring this thing up, as I HATE biotec's, but the TSV and MS are looking REALLY good on this thing, over about $17 and it's going to see $17.01 PRETTY DAMN QUICK!!

HMMMMMM, some body just mentioned RIMM on StockTwits, so I checked it out on StockCharts.com, HMMMMMM, I've been kind of waiting for this thing to do some thing like it did today, I could use a little more volume on the move today, BUT, it will definitely be on my radar tomorrow, screw Goldman.

Some Thing of a "Watch" List

You know, I was going to RAG this article, http://stocktwits.net/blog/2009/11/03/its-not-me-its-you/ , because I thought it was going to be another one of those "50 Mistakes Trader's Make" type things (HAHAHAHAHA, I'm telling ya, I'm still laughing thinking about that stupid article), but ACTUALLY, it's not to bad. I will tell you RIGHT NOW, that how I FEEL, dictate's HOW I'M DOING, most of the time (that's a disclaimer, HAH!), when I'm clicking, mentally AND physically, I'm USUALLY doing all right, it's extremely important, to me at least. I had a nice day today, actually, I made my week, and I'm a firm believer in the 80-20 rule, that is, where you make 80% of your money, in 20% of the time, the Udder stinking 80% of the time, is the GRIND, and you USUALLY give some of it back during that period, the KEY, is to NOT give it back (well, not to much of it at least), accept YOU for what YOU are, and back off a little. I can usually tell right away, about how my day is going to be, by my stupid mouse finger, right on the first trade, because if I HESITATE, I'm in deep dodo. And it doesn't relate as to whether the pattern is RIGHT, or the time of day, or whether the stupid indicators are lining up, what the P/C or A/D's or TRIN or wad ever are doing, it's the INDECISION that kills it. YOU ARE GOING TO LOSE!!! That's a fact of trading, and if you are afraid to push the stinking mouse, YOU WILL LOSE, you won't have either the patience to hang with it, or the common sense to get OUT, when you need to.
Wad ever, that's my two cents to make the DOC happy.

Semi's got hit pretty hard today, on some "Botique" down grade. INTC bounced off it's August low, HOWEVER, it don't look to stinking good. It's next support area's are down at the two July earning's day gaps. AMAT is coming into the same area of "possible" support.

YHOO filled that big gap, and put on an inside day today, it "could", "might", "possibly" have found some support here, BUT, it has another huge gap sitting under it, yelling and screaming, FILL ME, FILL ME!!

2:10pm: I brought some IWM today, off that pattern below, and held some after it put on the bullish engulfing bar. PLUS, FOMC days are "TRADITIONALY", or "USUALLY", bullish, in the mornings, IE, if I get a POP, I won't be holding it for a life time.

Did Buffett REALLY bet on America??? Or, is he shorting the dollar, by spending all his dollars, on what you could call a commodity trade???? AND WHY DID IT CLOSE AT $97, IF HE PAID $100?????? Where's that three bucks???

ANYWAY, if it's good enough for him, it's good enough for me, so I brought DRYS!!! Not the company, just the stock, hahahaha, the whole sector put on green bars today, some of them being bullish engulfing bars. Thanks Warren!

10:25am: WOW, that's about one of the single most obnoxious looking chart's I've seen on the IWM in quite awhile, that's my "floor trader pivot" chart setup, on a 15min. time frame, you think the "DAILY PIVOT", which is the yellow line, is acting as resistance at 56.25?? You think we are going to go higher, if we can get over it?????

10:00am: Hahahaha, I'm telling ya, I'm sitting here screwing around with Goldman, GS, which I am wont to do at times, for the way I figure it, if you can day trade the devil himself, you can do any thing. Actually, GS is a decent "volume" trader, if you just sit there and wait for all your indicators and "stuff" to get over/under sold/brought, etc etc, IE, it's "toward" the end of a possible move, they get a volume surge quite often, usually about one bar before they turn in the opposite direction, this is on a five minute chart.
ANYWAY, I'm sitting there, and out of the corner of my one blood shot eye, a blinking light catch's my eye, and the reason it did, is because out of the sea of red in my positions, it was GREEN, hahahahaha! It's that stupid ENER, I TOLD you, I buy this thing under $12, usually with a little LEAP position (that's to limit my "RISK", as this thing is a "risky" little sucker), and forget about it. ANYWAY, it's on the "MOOOOOOOVE", AGAIN, I have no stinking idea WHY, nor do I fricking care, but, it's been trying to get over that upper trend line, and "EVENTUALLY", it will (I hope), and it will "probably" be good for some decent change, when it eventually (I hope (I already said that, didn't I, well, I can't help it, it's my favorite "strategy", hope that is)) makes the break.

This is just before the open, I ran the bullish engulfing scan through Telecharts, just to see wad I'd see, and the result was kind of interesting. Number one, most of these are NOT bullish engulfing, I need to modify the parameters of the scan, but what was MOST interesting, is that when you look at all the charts, what became apparent, to me at least, was that "investors" used the drop yesterday, to pile into what appear's to me to be, some of the best performing stocks of the last month:
EBAY, NVR, NFLX, FDS, JEC, CF, MIL, CMCSA, LO, WPI, INTU, ACF, MKL, LLTC, HRB, FNF, CAN, SRCL, MDRX, SATS, ERIE

11/03/09

5:15am: Hahahahaha, it appear's my friend Sysin was having one of "MY" nights, last night, I'm intrigued to know what was in the comment he deleted, hahaha!!
ANYWAY, futures are getting blasted this morning, as it appear's the rest of the world is decoupling from all the maaaaaaaavelous news here in the US, as Asia and Europe were down pretty big last night, as I believe Australia raised interest rates again, and the fear is growing about how economies are going to react with the withdrawl of stimulus, or corporate welfare, which ever way you want to look at it.
This just reinforces my desire to kind of stand aside for awhile, as far as swing trades are concerned, ESPECIALLY, with the rotten fricking FED having an FOMC release tomorrow, and the payroll report on friday coming up, as there will be a lot of position gaming going on by the big boys, in anticipation of those release's.

SO, I'm doing some studies, IE home work, and here's a couple that you might be interested in, here's a study released some time back about the "January Effect", IE, you buy Big Caps in November and December, sell them and buy small caps in January, http://bit.ly/4kApK9 , just click on the down load button and pick one of the down load sites, I used the Stanford one.
For those interested, here's a list of the favorite big cap stocks of Fund manager's that have consistently beaten the S&P 500 the last decade, http://bit.ly/1Uf0BR .

Here's a CXOAG investing note on "Haugen's Closed Case", http://www.cxoadvisory.com/blog/external/blog11-02-09/ , which details some pretty obvious "investing" fundamentals, like, buy low and sell high, take stocks in an uptrend with increasing earnings and sales (hahahahaha, what a unique concept), etc etc etc.

Here's another one from CXOAG, shorting both leveraged ETF's, http://www.cxoadvisory.com/blog/internal/blog9-16-09/ . It's to bad they didn't do the study on the THREE TIMES ETF's, like, TZA and TNA, or FAZ and FAS, as a couple of the links on the right side have proven that SHORTING both of the 3X ETF's is HIGHLY profitable. I "think", that VIX and more had a study on it, or maybe it was Adam's Options, I don't know, one of them did it.

I, of course, am a Foooooooouuuuurrrrrd man, owning two Ford trucks myself, and I actually stalked "F" yesterday, for awhile anyway, until it became apparent it was turning into a sell the news, AND FOR GOOD REASON, the damn ROACH's!!!! I'm telling Ya, the corruption on Wall Street is just, well, UNFRICKING REAL, they came out after the close last night and announced some thing like 3 billion dollars in financing, two billion in covertibles, and 1 billion in possible equity sales down the road (IE, DILUTION). NOW, I'm going to give them the benefit of the doubt (like, in, I DOUBT IT!!), that they were TOTALLY unaware that they were going to do this, when they released earnings in the morning, HAHAHAHAHAHAHAHA!!!! Can you imagine, my god, what a bunch of stinking crooks, release your surprising results, get the pop in the stock price, and then just kind of casually come out after the close, ON THE DAY OF THE RELEASE, and announce they are going to shellack everyone who brought those shares during the day!!!!!!!??? I fricking give up.

My mentor Toni Hansen pretty much sums up my feelings right now, in one little paragraph in her daily update, http://www.tonihansen.com/blog/ :
"The market will continue to have some decent upside moves intraday, but it should be more difficult to sustain multi-day upside moves for awhile without a great deal of overlap from day to day. This will make swingtrades on the upside higher risk and lend favor to shorter-term intraday action."

11/02/09

2:30pm: The Q's actually took out their October low today, and then closed higher, putting on a little bullish reversal bar in the process, who knows, maybe a couple of days of upside ahead.

I shouldn't even mention GS, at the top, with all their bad press some one may shoot at the blog, hahahahaha, anyway, they came down and took out their break out level of $170, then reversed and closed higher, putting on a bullish reversal bar in the process, with a little kick on the volume side as well.

7:30am: Just a quick note about an extremely quick and easy SCAN, and the best part, is it's FREE (woooo hoooo, the magic word!)
If you are bullishly inclined, one of the best scans is to look for stocks trading near their 20 day high. You can do this by going to Finviz, http://finviz.com/ , click on the screener, go to "Technical", then "20 day high/low", then click on "0-3% below", meaning the scan picks up on stocks trading right at their 20 day high, or, not MORE than 3% under that high. You then click on "Descriptive", go to "market cap", and then simply start with the Mega caps, click on it, and a list of stocks show up. NONE showed up for this week, so you just go to the next level down, "large cap", and check those out, and so on and so on. What usually pops up, is any where from ten to fifty or so stocks. What I REALLY like about Finviz, is all you have to do, is hover your mouse over the symbol, and a chart pops up, which makes it really easy to quickly scan through the charts of all the symbols, until you see some thing you like. Check it out!
Of course, if you are bearishly inclined, you would simply reverse the parameters, to trading at their 20 day LOW, but to be honest, I don't know anyone in their right mind, that could be bearish these days.

Personal Thoughts, IE, IMPO

Some quick thoughts about the charts above, Numbero Uno, despite what a few site's and yakking heads may be trying to say this weekend, we have broken the MAJOR up trend line (IE, "THE BIG GREEN LINE") in three of the four, MAJOR, index's, that being the SPY, QQQQ, and IWM. Some site's are trying to say the uptrend is still intact, because we have not violated some moving average, WAD EVER, the uptrend is done, Caput, Over, EndsVille, etc, the DOW, in the form of the DIA above, is still intact. Even WORSE, two of them, the IWM and SPY, have broken the intermediate trend line, "THE BIG YELLOW LINE".

Now, Numero Duce, Doce, Two'ce, wad ever, we are coming into some support. The Q's are coming into the yellow line, AND, the October low, the DIA is coming into BOTH the green and yellow line, the SPY is coming into it's October low, and the IWM is coming into it's September and August lows, keep in mind, that we need to just fall a little more, to reach those points, so there is some VIABLE support under us, and we MAY bounce, depending upon what all the PHD's say to the God's of Wall Street, as to if the bearish sentiment get's high enough, that they can take it to the short's, for another STINKING FRICKING PEICE OF SHIT LOW VOLUME SHORT COVERING RALLY!!!!

Ok, SO, well, I'm done, FOR NOW, I guess my point is, is that I'm going back to a position TRADE that I consider half ass safe, and that's called FLAT!! I'm going to be FLAT when the market close's, and I'll be FLAT when the market opens, and I'm going to try and pick up some nickels and dimes in between those periods, until "they" get this thing worked out. I'll continue to scan, there may be "special situation" individual stocks, that "could" work out, but for the most part, I'm just going to sit back, and see what happens.

For right now, my "plan", is to try and get LONG, as I think we "may" bounce, THEN, if we "bounce", for at least a few days (NOT like that stinking one day wonder we had on thursday), THEN, I'll start to look at getting SHORT, and then, well, etc etc etc etc.

Just a late (or, lat"er" note), when I say "plan", I'm talking about ETF's, like the ones above, they ALL MOVE in the same direction, it's just a matter of how much, if you want more risk, but more REWARD, the small caps move more than the big caps.

Some interesting articles I read this weekend:

Running Government Interference

Six-Month Favorable Seasonality Period Beginning

Black Monday: Ancient History Or Imminent Future?

Forgotten Anniversary - One Hundred Years of Legal Tender

It's time to end World War II

This Week: Calling a Market Top – Feldstein for Fed Chair

The Executive Branch and the Roots of Order

Another Fundamental Look at the Recent Dow Non-Confirmation Wed

Weekly MSW Swing Trade Update for 11/19/09

The weekly MSW scan of the ETF's came up with 3 new buys and 45 new shorts, on an over all basis it has 157 confirmed short signals to go with the 45 new shorts, a confirmed signal is a NEW signal, on an EXISTING signal, IE, it's already short, so it can't issue a NEW short signal, it just confirms the prior signal. That's not the total list of signals at the bottom, I just got tired of copying and pasting, but you get the picture.

I can't confirm this, but this is probably the biggest swing in sentiment I've seen the MSW make, since the March 9 lows, when it started to issue an over whelming number of BUY signals. It's not just the large number of sell signals that is so over whelming, it's the LACK of buy signals that bothers me, as it only has 3 new buys, and two of those are oil related, and the other is currency related, and even worse, it's only on 7 confirmed buys, and 6 CONTINUING signals, so out of over 700+ ETF's, it is only on 16 buy signals, EXTREMELY BEARISH!

Remember, right or wrong, the software doesn't know any thing about earnings, or stimulus, or GDP, or politics, it just grinds through it's 59 trading systems on each and every ETF, and comes up with a "signal" it deem's appropriate.

The daily ETF signals are not much different, just a lot less of them, with 3 new buys and 15 new shorts, over all it's on 15 buy signals and 75 short signals.

On a weekly scan of the Russell 3000 the MSW came up with 6 new buys, and 135 new short signals, the complete list of the new signals is at the bottom, you can go through it yourself. On an over all basis, it's on 59 buy signals, and ABOUT, 732 short signals, I say ABOUT, because I got tired of counting them. Draw your own conclusions about what ever subtle idea the MSW is trying to convey.

The daily scan of the Russell 3000 came up with 14 new buys and 35 new short signals.