tag:blogger.com,1999:blog-6257833846586402358.post8937543936006571352..comments2024-02-20T03:16:11.543-05:00Comments on Charts etc.: We're not out of the woods just yet....Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6257833846586402358.post-9848339889881914812013-12-22T20:12:27.238-05:002013-12-22T20:12:27.238-05:00The chart of the Dow, $INDU, traded by DIA, shows ...The chart of the Dow, $INDU, traded by DIA, shows a blow-off market top. <br /><br />The chart of the S&P 500, $SPX, traded by SPY, shows a megaphone top, that is a broadening top pattern: prices fall precipitously from such. <br /><br />And the chart of the Russell 2000, $RUT, traded by IWM, shows that it has turned over, and is set to fall big time. <br /><br />I present an ETF Performance Report for the Week Ending December 20, 2013 as follows:<br /><br />World Stocks, VT 1.7%, and World Small Cap Stocks, VSS, -1.2%<br /><br />Networking, IGN 4.4%<br /><br />Media, PBS 4.3 <br /><br />Internet Retailing, FDN 4.2<br /><br />Nasdaq Internet, PNQI 4.0<br /><br />Biotechnology, IBB 3.9<br /><br />Small Cap Industrial, PSCI 3.8<br /><br />Small Cap Consumer Discretionary, PSCD 3.2<br /><br />Pharmaceuticals, PJP 3.7<br /><br />Software, IGV 3.6<br /><br />Shipping, SEA 3.5<br /><br />Aerospace and Defense, PPA 3.4<br /><br />Semiconductors, SOXX 3.3<br /><br />Global Industrial Producers, FXR 3.2<br /><br />Paper Producers, WOOD 3.1<br /><br />Small Cap Pure Value, RZV 2.8<br /><br />Small Cap Pure Growth, RZG 2.7<br /><br />IPOs, FPX 2.6<br /><br />Global Financials, IXG 2.5%<br /><br />Investment Bankers, KCE 4.1%<br /><br />European Financials, EUFN 4.0<br /><br />Stockbrokers, IAI 3.0<br /><br />Too Big To Fail Banks, RWW 2.9<br /><br />Regional Banks, KRE 2.6<br /><br />India Earning, EPI 2.6<br /><br />China Financials, CHIX -2.2<br /><br />National Bank of Greece, NBG -4.6<br /><br />Nation Investment EFA 2.5%<br /><br />US Stocks, VTI 2.0%<br /><br />Eurozone, EZU 3.2<br /><br />Asia Excluding Japan, EPP 2.0<br /><br />Nikkei, NKY 2.1<br /><br />Brazil, EWZ ---<br /><br />Russia, RSX 2.6<br /><br />India, INP 3.1<br /><br />China, YAO -1.9<br /><br />Spain, EWP 4.0%<br /><br />Germany, EWG 3.4<br /><br />German Small Caps, GERJ, 3.3<br /><br />Finland, EFNL 3.6<br /><br />Netherlands, EWN 3.5<br /><br />Denmark EDEN 2.9<br /><br />Ireland, EIRL 2.1<br /><br />Greece, GREK -2.6<br /><br />Sweden, EWD 4.0%<br /><br />Switzerland, EWL 2.6<br /><br />George Krum posts The State of the Trend providing the chart of $SPX at $1818, up 2.4%. <br /><br />Dividend Growth VIG 2.0% with Global Telecom, IST, 1.5%, such as Sprint, S, 16.7%<br /><br />Leveraged Buyouts PSP -3.6%<br /><br />Michael Noonan posts in Safehaven.com Gold - A supressed market remains suppressed, but for how long? And provides a chart of the US Dollar, $USD, at $80.75. Gold, GLD -2.8% and Silver, SLV -1.7%. Spot Gold, $GOLD, closed the week at $1,200; the Gold ETF, at 116. <br /><br />The Elliott Wave 3 of 3 Up that commenced with the bond vigilantes calling the Benchmark Interest Rate, $TNX, higher from 2.48%, on October 23, 2013, will be seen in the Risk Off ETN, OFF, trading higher, and will be unleashing destructionism replacing inflationism, as it has already PIVOTED the world out of the paradigm and age of liberalism and into that of authoritarianism. <br /><br />The Elliott Wave 3 of 3 Waves are the most sweeping of all waves, they create the bulk of wealth on the way up, and destroy most of the wealth on the way down. This wave will make the bankers holding Interest Rate Swaps, that came as part of liberalism’s POMO, awesomely wealthy. <br /><br />Very soon, an investment demand for gold will be commencing as both fiat money, and fiat wealth, will be turning lower in value, as both collapse into the Pit of Financial Abandon on a further rise in the Benchmark Interest Rate, ^TNX, which is best described as the Means of Economic Destructionism.<br /><br />Under authoritarianism, the only two forms of sovereign wealth and sustainable wealth will be the physical possession of gold bullion and diktat.<br />theyenguyhttps://www.blogger.com/profile/08515095308836729043noreply@blogger.com