Tag Archives: FXE

Signs that the Stock Market Correction May be Over for Now

The signs that the correction may be over for now include the fact that the dollar did not rally and that precious metals did not correct along with the market. In addition, there are technical signs that suggest a rebound at this … Continue reading

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Price Action Lab Alert for Monday, April 2, 2012

This alert is about long and short signals in major ETFs.

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Short-term Correction or Market Top?

In my last ETF Trends report I noted that index ETFs were in overbought territory and that a spillover of commodity volatility into the stock market was possible. Since the beginning of this week SPY and QQQ have lost about … Continue reading

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Short-term Direction Probabilities for Popular ETFs

The probabilities for profitable short-term long and short positions based on a typical profit target and stop-loss equal to 2%, are listed for eleven popular ETFs, as of the close of March 1, 2012. These probabilities were calculated using the p-indicator.

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Trading is Much More than Naive Statistics

If correlations meant anything significant as far as trading the markets then anyone who took a course in Statistics could become a rich man. Needless to say that trading the markets involves much more than math. Here I present trading system examples based on the … Continue reading

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More on the Euro-Stocks Correlation – Graph Included

In my last post “Stocks and the Euro: Correlation or Randomness?”, I pointed out that FXE and SPY correlate only about 60% of the time since 12/12/2005 on a daily basis and I argued that the purported by the media high … Continue reading

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