S&P 500 Chart Analysis by Peter Worden 05 04 10 video.
Click the link below to view video on current market turmoil.
http://www.worden.com/video/alert/spy_05_04_2010
Tuesday, May 4, 2010
SmartStop QuickAlert 05 04 10
QQQQ - SPY - XLI - XLY have all been stopped out (sold) today.
Volatility has returned, triggering our sell-stops for most of the remaining equity positions that we were holding.
The long awaited market correction may now be at hand. A correction would actually be a plus for the market's health longer term. Markets need to wring out excesses and digest gains periodically. For now we have exited our more volatile equity position and will remain on the sidelines.
Our low-volatility high yield / incomes funds really do not closely correlate to the daily ups and downs of the market. They will trend with the stock market, but in a delayed fashion. This fact buys us additional time to make important decisions about exit and entry points.
Volatility has returned, triggering our sell-stops for most of the remaining equity positions that we were holding.
The long awaited market correction may now be at hand. A correction would actually be a plus for the market's health longer term. Markets need to wring out excesses and digest gains periodically. For now we have exited our more volatile equity position and will remain on the sidelines.
Our low-volatility high yield / incomes funds really do not closely correlate to the daily ups and downs of the market. They will trend with the stock market, but in a delayed fashion. This fact buys us additional time to make important decisions about exit and entry points.
Monday, May 3, 2010
Market Comment 05 03 10
The market sell-off last Friday was rather steep. The market opened higher on Monday (today), but we will need to see how the market behaves the next few days to assess whether or not the character of the market is changing and if any portfolio changes are warranted. This is a market that bears watching closely.
Fortunately, the low-volatility portfolios that most our investors have provide us additional decision-making time. Stay tuned.
Fortunately, the low-volatility portfolios that most our investors have provide us additional decision-making time. Stay tuned.
Sunday, May 2, 2010
More in depth Tutorial on Trendline Analysis Available
A more in depth tutorial on Trendline Analysis is available on the GWM web-site. To access it go to the GWM web-site and select Featured Article from the top menu; then click on Trendline Analysis Tutorial or just click the following link.
http://www.gerritz.com/featured_articles.html
http://www.gerritz.com/featured_articles.html
Friday, April 30, 2010
The Gerritz Letter
The May 1, 2010 issue of The Gerritz Letter has been published. It should be in your email inbox now. If you do not see it, check your junk or spam mail folder and mark it as not junk mail.
SmartStops QuickAlert
SmartStops QuickAlert
Equity: SPDR S&P Retail (XRT)
Symbol Trigger: Short-term
Type Price: $42.83
Date Time: 4/30 1:16 PM
A SmartStop Was Triggered.
The price of this ETF in your portfolio has fallen to the point where it’s triggered today’s SmartStop.
Action taken: Position sold.
What this alert means.
This is an indication that this equity is experiencing abnormal risk of further decline.
Short-term SmartStops are optimized for stocks you intend to hold for approximately six months or less. As such, they are designed to trigger quickly when downtrends are detected, and are thus more sensitive than long-term SmartStops, which, as their name implies, are “buffered” for longer-term investments. True, we can “dial down the sensitivity” of your short-term SmartStops by changing them to long-term ones, but be advised that the increased sensitivity of short-term SmartStops is there for your protection.
Equity: SPDR S&P Retail (XRT)
Symbol Trigger: Short-term
Type Price: $42.83
Date Time: 4/30 1:16 PM
A SmartStop Was Triggered.
The price of this ETF in your portfolio has fallen to the point where it’s triggered today’s SmartStop.
Action taken: Position sold.
What this alert means.
This is an indication that this equity is experiencing abnormal risk of further decline.
Short-term SmartStops are optimized for stocks you intend to hold for approximately six months or less. As such, they are designed to trigger quickly when downtrends are detected, and are thus more sensitive than long-term SmartStops, which, as their name implies, are “buffered” for longer-term investments. True, we can “dial down the sensitivity” of your short-term SmartStops by changing them to long-term ones, but be advised that the increased sensitivity of short-term SmartStops is there for your protection.
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