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Author Archive: Guy Lerner

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Daily Sentiment Report: 12.14.11

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 [...]

December 13, 2011 | 0 Comments More
TLT: Still Topping

TLT: Still Topping

I last looked at the i-Shares Lehman 20 plus Year Treasury Bond Fund (symbol: TLT) on November 30, and suggested that the issue had put in the “dreaded” double top.  New evidence (shown below) suggests that TLT should be going sideways at best or break down altogether.

December 13, 2011 | 0 Comments More
The Last Time Crude Oil was at…

The Last Time Crude Oil was at…

The last time West Texas Intermediate crude oil had a weekly close above $99 a barrel was on December 2, 2011.  This is noted by the red down arrow on figure 1, a weekly chart of the SP500. Figure 1. SP500/ weekly Prior to that WTI closed above $99 on July 22, 2011 (black down [...]

December 13, 2011 | 0 Comments More
Daily Sentiment Report: 12.13.11

Daily Sentiment Report: 12.13.11

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 [...]

December 13, 2011 | 0 Comments More
Daily Sentiment Report: 12.12.11

Daily Sentiment Report: 12.12.11

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 [...]

December 11, 2011 | 0 Comments More
Investor Sentiment: The Bulls aren’t Buying It

Investor Sentiment: The Bulls aren’t Buying It

Investor sentiment is neither bullish nor bearish, and I think this presents a problem for the bulls.  First, the lack of bears implies little short covering, which is fuel for any rally.  Second, the lack of bulls at this stage of the rally should be disconcerting.  The market fell apart in August, stabilized in September, [...]

December 10, 2011 | 0 Comments More
Daily Sentiment Report: 12.9.11

Daily Sentiment Report: 12.9.11

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 [...]

December 9, 2011 | 0 Comments More
Daily Sentiment Report: 12.8.11

Daily Sentiment Report: 12.8.11

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 [...]

December 8, 2011 | 0 Comments More
ARL Advisers Letter to Investors: November, 2011 Results

ARL Advisers Letter to Investors: November, 2011 Results

For the 4 week period from November 4, 2011 to December 2, 2011, the SP500 posted a (0.26%) loss.  From January 1 through December 2, 2011, the SP500 is down (1.06%).

December 7, 2011 | 2 Comments More
4 Reasons to be Bearish

4 Reasons to be Bearish

Betting against equities – the market – is always difficult.  First, the market isn’t designed to go down.  Companies provide those goods and services for one reason – to turn a profit, and hopefully, such activity can be recognized with a rising stock price.  Second, our economic stewards and political leaders (wisdom?) use the stock [...]

December 7, 2011 | 3 Comments More
Daily Sentiment Report: 12.7.11

Daily Sentiment Report: 12.7.11

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 [...]

December 7, 2011 | 0 Comments More
Daily Sentiment Report: 12.6.11

Daily Sentiment Report: 12.6.11

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 [...]

December 5, 2011 | 0 Comments More
Daily Sentiment Report: 12.5.11

Daily Sentiment Report: 12.5.11

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 [...]

December 5, 2011 | 0 Comments More
Investor Sentiment: Confusion Reigns

Investor Sentiment: Confusion Reigns

It is a crazy mixed up market.  First, we have the worst Thanksgiving week since 1932, and this is followed by the best week since March, 2009.  The losses in August and September are reversed by a blockbuster October.  The pundits are having a field day reminding us that a bear or a bull market [...]

December 4, 2011 | 0 Comments More
Friday Afternoon Charts

Friday Afternoon Charts

Figure 1 is a weekly chart of the S&P Depository Receipts (symbol: SPY).  The red and black dots are key pivot points, which are the best areas of support (buying) and resistance (selling).  This past week’s price advance is meeting fierce resistance at the 126.89 key pivot level and the down sloping 40 week moving [...]

December 2, 2011 | 0 Comments More
Daily Sentiment Report: 12.2.11

Daily Sentiment Report: 12.2.11

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 [...]

December 2, 2011 | 0 Comments More