Flip Flopping on Gold
“Commodity expert” Dennis Gartman is flip flopping on gold according to this article at the ZeroHedge blog.
Author Archive: Guy Lerner
Daily Sentiment Report: 1.6.12
The Rydex market timers represent a small segment of the investing world. Nonetheless, their actions remain a useful window into the mindset of investors. The Rydex asset data is sentiment data, and it is based upon real asset flows. It is not an investor opinion poll. By tracking the money, we get to see how [...]
Market Musings: Oh, the Horror!
I woke up this morning to a headline in the Wall Street Journal: “Futures Down: Markets to Suffer First Losses of the Year”. Oh, the horror! Is there too much riding on a higher stock market such that every little wiggle and waggle becomes a moment of grave concern or jubilant euphoria? Listening to the [...]
Daily Sentiment Report: 1.5.12
The Rydex market timers represent a small segment of the investing world. Nonetheless, their actions remain a useful window into the mindset of investors. The Rydex asset data is sentiment data, and it is based upon real asset flows. It is not an investor opinion poll. By tracking the money, we get to see how [...]
ARL Advisers Letter to Investors: December, 2011 Results
For the 4 week period from December 2, 2011 to December 30, 2011, the SP500 posted a 1.18% gain. For the year, the SP500 was essentially flat having loss 0.0032%. So there you have it! 2011 is in the books. There was a lot of nail biting and a lot of volatility, and in the [...]
Daily Sentiment Report: 1.4.12
The Rydex market timers represent a small segment of the investing world. Nonetheless, their actions remain a useful window into the mindset of investors. The Rydex asset data is sentiment data, and it is based upon real asset flows. It is not an investor opinion poll. By tracking the money, we get to see how [...]
Crude Oil Model Remains Positive
Our crude oil model became bullish on November 3oth, 2011. This purely technical model had me looking for a “fundamental story”. I had broken down the “fundamental story” behind higher crude oil prices into 3 causes: “decreasing supply or increasing demand. A third driver may be as a hedge against currency debasement and inflation.” With [...]
Daily Sentiment Report: 1.3.12
The Rydex market timers represent a small segment of the investing world. Nonetheless, their actions remain a useful window into the mindset of investors. The Rydex asset data is sentiment data, and it is based upon real asset flows. It is not an investor opinion poll. By tracking the money, we get to see how [...]
Investor Sentiment: Are These the Makings of a Sustainable Rally?
We start the new year like we ended the old year: with a mixed sentiment picture. The Rydex market timer is extremely bullish, and this is a bear signal. The “dumb money” indicator is neutral and company insiders are as well. Overall, my interpretation is bearish. Sustainable price moves usually start when there are too [...]
GLD: A Great Set- Up!
I am sure you have heard all of the pronouncements that the bull market in gold is over. All sorts of reasons have been given from strength in the Dollar to the “you better run for the hills” price is now under the 200 day moving average for the first time in 10 months. I [...]
Let Me Beat This to Death One More Time
Ok, I have been bullish on Treasury bonds going all the way back to March, 2011, and this was a timely call. Over the past 9 months, strength in bonds has coincided with weakness in the economy. Yet, despite the fundamental reasons for stronger bond prices, bonds really have been consolidating since mid-August. In advance [...]
Daily Sentiment Report: 12.29.11
The Rydex market timers represent a small segment of the investing world. Nonetheless, their actions remain a useful window into the mindset of investors. The Rydex asset data is sentiment data, and it is based upon real asset flows. It is not an investor opinion poll. By tracking the money, we get to see how [...]
Daily Sentiment Report: 12.28.11
The Rydex market timers represent a small segment of the investing world. Nonetheless, their actions remain a useful window into the mindset of investors. The Rydex asset data is sentiment data, and it is based upon real asset flows. It is not an investor opinion poll. By tracking the money, we get to see how [...]
Daily Sentiment Report: 12.27.11
The Rydex market timers represent a small segment of the investing world. Nonetheless, their actions remain a useful window into the mindset of investors. The Rydex asset data is sentiment data, and it is based upon real asset flows. It is not an investor opinion poll. By tracking the money, we get to see how [...]
Investor Sentiment: It Cuts Both Ways
Most market participants use investor sentiment as a contrary tool. Gauge which direction the majority of investors are leaning and bet against them. But there are times when it doesn’t pay to bet against the herd. There are times when too many bulls is a good thing as in “it takes bulls to make a [...]
Treasury Bonds: Double Top
Last week, I looked at the i-Shares Lehman 20 plus Year Treasury Bond Fund (symbol: TLT), and I suggested “that TLT should be going sideways at best or break down altogether. “ My only caveat was that “my bond model still remains positive. The Vanguard Total Bond Market ETF (symbol: BND) is not showing signs [...]
