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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 694.04+0.7%Jan 9 4:00 PM EST

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From: Keith Feral11/13/2012 2:11:37 PM
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Just updating all of my daily models for the first time since early October.

For the monthly comps - here are my current results

Dollar - sell

TNX - buy

VIX - sell

DOW -sell

Oil - sell

I'm sticking with the buy signal on the TNX and VIX off last week's lows.

The sell signal in oil is a gift of sanity to an overpriced market.

Nothing's gonna shake me out of stocks before the Santa rally. We're close enough to last November lows just before Thanksgiving to ride it out from here. Election sell off probably accelerated the bottom this year by at least a week. But, hey if we are wrong and the dollar goes nuts and oil prices plummet, I can think of a lot of stocks that I would still like to buy on the next dip.
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