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[About This Newsletter]
DECISION POINT
ETF TRACKER (LITE) DAILY REPORT
Tuesday, 8/31/2010
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The Decision Point ETF Tracker Lite Report is a daily publication focusing
on a short list of ETFs. It provides momentum analysis, strength
ranking and BUY and SELL Signals. This newsletter is included as part of a
DecisionPoint.com PRIME web site subscription.
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INFORMATION CONTAINED HEREIN IS TO ASSIST FURTHER RESEARCH AND IS NEITHER A
SOLICITATION NOR RECOMMENDATION TO BUY OR SELL ANY SECURITY. PAST
PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.
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DISTRIBUTIONS: None today.
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TODAY'S RESULTS AND PRICE CHANGE ANALYSIS
08/31 WTD MTD YTD
Close $ % Volume %Price %Price %Price
Name Sym Price Change Change X 1000 Change Change Change
---------------- ---- ------ ------ ------ --------- ------ ------ ------
SPDR DJIA DIA 100.20 +0.03 0.0% 10519.5 -1.4% -3.9% -2%
Nasdaq 100 Shrs QQQQ 43.46 -0.15 -0.3% 68855.2 -1.4% -5.1% -5%
SP500 LgCap SPDR SPY 105.31 0.00 0.0% 269271.1 -1.5% -4.5% -5%
SP400 MidCp SPDR MDY 131.11 -0.13 -0.1% 4651.8 -1.8% -5.0% 0%
Russell 2000 iSh IWM 60.18 -0.12 -0.2% 60532.5 -2.4% -7.4% -3%
SP500 Equal Wght RSP 38.65 -0.01 0.0% 2060.4 -1.6% -4.8% -2%
Bank Regional HL RKH 69.00 +0.51 +0.7% 208.0 -2.0% -11.6% -9%
Biotech iShares IBB 78.58 -0.42 -0.5% 682.7 -1.8% -3.0% -4%
Consumer Disc SP XLY 30.19 +0.04 +0.1% 7439.9 -1.6% -4.0% +2%
Consumer Non-Cyc IYK 56.16 +0.05 +0.1% 22.2 -0.9% -2.2% +2%
Consumer Stpl SP XLP 26.48 +0.02 +0.1% 12422.7 -0.8% -1.9% +1%
Energy SPDR XLE 51.20 -0.14 -0.3% 17055.2 -1.7% -4.9% -9%
Financial SPDR XLF 13.55 +0.11 +0.8% 106506.6 -1.3% -7.9% -5%
Gold Miners GDX 53.61 +0.49 +0.9% 12198.7 +0.5% +11.2% +16%
Health Care SPDR XLV 28.10 -0.11 -0.4% 8755.7 -1.6% -1.6% -9%
Industrial SPDR XLI 28.19 -0.11 -0.4% 20418.1 -1.9% -6.9% +2%
Internet HLDRs HHH 55.66 +0.24 +0.4% 107.5 -1.1% +6.1% -4%
Materials SPDR XLB 31.04 +0.13 +0.4% 9580.3 -1.1% -3.0% -5%
Natural Res iShr IGE 31.70 -0.07 -0.2% 321.9 -1.4% -3.6% -7%
Network iShares IGN 25.71 -0.23 -0.9% 71.8 -2.5% -6.2% -5%
Oil Svc HLDRs OIH 97.35 -1.42 -1.4% 4009.2 -2.8% -7.2% -17%
Pharmacutical HL PPH 60.26 -0.03 0.0% 650.6 -1.2% +0.9% -7%
Real Estate iShr IYR 50.98 +0.47 +0.9% 11608.9 0.0% -1.3% +13%
Retail Holders RTH 86.97 -0.33 -0.4% 2809.4 -2.0% -2.4% -6%
Semiconductor iS IGW 41.17 -0.78 -1.9% 187.9 -4.5% -10.5% -16%
Software iShares IGV 47.23 -0.10 -0.2% 47.0 -1.7% 0.0% +1%
Technology SPDR XLK 20.69 -0.07 -0.3% 15485.0 -1.7% -5.6% -9%
Telecom iShares IYZ 20.03 +0.19 +1.0% 595.5 -0.4% -1.5% +2%
Utilities SPDR XLU 30.81 +0.14 +0.5% 8936.1 -1.1% +1.4% +1%
Wireless HLDRs WMH 38.68 -0.37 -0.9% 1.5 -0.9% -4.0% -17%
Average -0.1% -1.5% -3.3% -4%
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ETFs SORTED BY TODAY'S PERCENTAGE CHANGE
08/31 WTD MTD YTD
Close $ % Volume %Price %Price %Price
Name Sym Price Change Change X 1000 Change Change Change
---------------- ---- ------ ------ ------ --------- ------ ------ ------
Telecom iShares IYZ 20.03 +0.19 +1.0% 595.5 -0.4% -1.5% +2%
Gold Miners GDX 53.61 +0.49 +0.9% 12198.7 +0.5% +11.2% +16%
Real Estate iShr IYR 50.98 +0.47 +0.9% 11608.9 0.0% -1.3% +13%
Financial SPDR XLF 13.55 +0.11 +0.8% 106506.6 -1.3% -7.9% -5%
Bank Regional HL RKH 69.00 +0.51 +0.7% 208.0 -2.0% -11.6% -9%
Utilities SPDR XLU 30.81 +0.14 +0.5% 8936.1 -1.1% +1.4% +1%
Internet HLDRs HHH 55.66 +0.24 +0.4% 107.5 -1.1% +6.1% -4%
Materials SPDR XLB 31.04 +0.13 +0.4% 9580.3 -1.1% -3.0% -5%
Consumer Disc SP XLY 30.19 +0.04 +0.1% 7439.9 -1.6% -4.0% +2%
Consumer Non-Cyc IYK 56.16 +0.05 +0.1% 22.2 -0.9% -2.2% +2%
Consumer Stpl SP XLP 26.48 +0.02 +0.1% 12422.7 -0.8% -1.9% +1%
SPDR DJIA DIA 100.20 +0.03 0.0% 10519.5 -1.4% -3.9% -2%
SP500 LgCap SPDR SPY 105.31 0.00 0.0% 269271.1 -1.5% -4.5% -5%
SP500 Equal Wght RSP 38.65 -0.01 0.0% 2060.4 -1.6% -4.8% -2%
Pharmacutical HL PPH 60.26 -0.03 0.0% 650.6 -1.2% +0.9% -7%
SP400 MidCp SPDR MDY 131.11 -0.13 -0.1% 4651.8 -1.8% -5.0% 0%
Russell 2000 iSh IWM 60.18 -0.12 -0.2% 60532.5 -2.4% -7.4% -3%
Natural Res iShr IGE 31.70 -0.07 -0.2% 321.9 -1.4% -3.6% -7%
Software iShares IGV 47.23 -0.10 -0.2% 47.0 -1.7% 0.0% +1%
Nasdaq 100 Shrs QQQQ 43.46 -0.15 -0.3% 68855.2 -1.4% -5.1% -5%
Energy SPDR XLE 51.20 -0.14 -0.3% 17055.2 -1.7% -4.9% -9%
Technology SPDR XLK 20.69 -0.07 -0.3% 15485.0 -1.7% -5.6% -9%
Health Care SPDR XLV 28.10 -0.11 -0.4% 8755.7 -1.6% -1.6% -9%
Industrial SPDR XLI 28.19 -0.11 -0.4% 20418.1 -1.9% -6.9% +2%
Retail Holders RTH 86.97 -0.33 -0.4% 2809.4 -2.0% -2.4% -6%
Biotech iShares IBB 78.58 -0.42 -0.5% 682.7 -1.8% -3.0% -4%
Network iShares IGN 25.71 -0.23 -0.9% 71.8 -2.5% -6.2% -5%
Wireless HLDRs WMH 38.68 -0.37 -0.9% 1.5 -0.9% -4.0% -17%
Oil Svc HLDRs OIH 97.35 -1.42 -1.4% 4009.2 -2.8% -7.2% -17%
Semiconductor iS IGW 41.17 -0.78 -1.9% 187.9 -4.5% -10.5% -16%
Average -0.1% -1.5% -3.3% -4%
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ETFs SORTED BY PRICE MOMENTUM OSCILLATOR (PMO) RANK
This section ranks the securities based on Decision Point's proprietary
PMO, a measure of internal and relative strength.
|-RankChg| |--% Price Change-| Hot/Cold PMO
PMO 5 15 On 5 15 Group & Xover
Name/Symbol Rank Day Day 08/31 Day Day Blinkers Sgnl/Days
--------------------- --- --- --- ----- ---- ---- |---------|---------
Gold Miners GDX 1 +4 +28 +0.9% +7% +6% 1 ++ ++ + BUY 26
Internet HLDRs HHH 2 -1 +14 +0.4% 0% -1% 3 ++ -+ - BUY 50
Utilities SPDR XLU 3 -1 +2 +0.5% 0% -2% 4 -+ -+ - SELL 19
Software iShares IGV 4 +3 +5 -0.2% 0% 0% 3 ++ -+ + BUY 7
Telecom iShares IYZ 5 -2 +1 +1.0% +1% -2% 5 -- -+ - SELL 18
Real Estate iShr IYR 6 0 -5 +0.9% +2% -3% 4 -+ ++ SELL 18
Materials SPDR XLB 7 -3 -5 +0.4% +2% -4% 5 -- -+ - SELL 18
Pharmacutical HL PPH 8 +1 +15 -0.1% 0% -4% 5 -- -+ + SELL 11
Consumer Non-Cyc IYK 9 -1 +2 +0.1% 0% -4% 5 -- -+ - SELL 19
Consumer Stpl SP XLP 10 0 +10 +0.1% -1% -3% 6 -- -- SELL 19
Wireless HLDRs WMH 11 +1 +10 -1.0% 0% -3% 5 -- -- + SELL 12
Biotech iShares IBB 12 -1 +5 -0.5% 0% -7% 6 -- -- - SELL 11
SPDR DJIA DIA 13 0 -3 +0.0% 0% -6% 6 -- -- SELL 18
Health Care SPDR XLV 14 +1 +12 -0.4% 0% -6% 5 -- -- + SELL 11
Retail Holders RTH 15 +11 +15 -0.4% -1% -4% 5 -- -- + SELL 1
Consumer Disc SP XLY 16 +1 +6 +0.1% 0% -6% 5 -- -- + SELL 15
Natural Res iShr IGE 17 +2 -5 -0.2% +1% -6% 5 -- -- + SELL 18
Industrial SPDR XLI 18 -4 -14 -0.4% 0% -8% 6 -- -- - SELL 18
SP500 LgCap SPDR SPY 19 -1 -6 0.0% 0% -6% 6 -- -- - SELL 18
SP500 Equal Wght RSP 20 +2 -5 -0.0% 0% -6% 5 -- -- + SELL 19
SP400 MidCp SPDR MDY 21 +2 -7 -0.1% 0% -6% 5 -- -- + SELL 19
Energy SPDR XLE 22 -6 -14 -0.3% 0% -8% 6 -- -- - SELL 18
Nasdaq 100 Shrs QQQQ 23 -2 -5 -0.3% 0% -7% 6 -- -- - SELL 18
Network iShares IGN 24 0 -17 -0.9% 0% -9% 6 -- -- SELL 19
Technology SPDR XLK 25 0 -6 -0.3% -1% -7% 6 -- -- SELL 19
Oil Svc HLDRs OIH 26 -6 -23 -1.4% -2% -9% 6 -- -- - SELL 19
Russell 2000 iSh IWM 27 0 -3 -0.2% +1% -7% 6 -- -- SELL 19
Financial SPDR XLF 28 0 -3 +0.8% 0% -8% 6 -- -- SELL 19
Semiconductor iS IGW 29 0 -2 -1.9% -3% -10% 6 -- -- SELL 26
Bank Regional HL RKH 30 0 -3 +0.7% -1% -11% 6 -- -- SELL 20
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PMO (PRICE MOMENTUM OSCILLATOR) CROSSOVER SIGNALS
The PMO generates a BUY or SELL Signals when it crosses up or down through
its 10-DMA. These signals tend to be short-term in duration, but they can
last for several weeks. Do not take them at face value because they can
whipsaw quite a bit. They should be used to alert you to possible trading
opportunities not used as a mechanical trading model. Always check our daily
stock charts to verify the price pattern and the configuration of the PMO.
Signals are best when price appears extended, is near support or resistance,
and the PMO is very overbought or oversold. These signals may also be used to
manage positions based on our ETF Top 5 signals or the longer-term
Price Momentum Model signals.
SUMMARY OF PMO CROSSOVER SIGNALS
ETF ETF
BUY SELL
Total Signals...: 3 27
% of Total......: 10% 90%
Ave Days Elapsed: 28 17
Ave High Profit.: +6% +3%
Ave Profit......: +5% +3%
Percentage of PMOs Rising ..........: 7%
Percentage of PMOs Above Zero.......: 30%
THIS IS A LIST OF CANDIDATES FOR FURTHER RESEARCH AND IS NEITHER A
SOLICITATION NOR RECOMMENDATION TO BUY OR SELL THE LISTED SECURITIES.
08/31 Cal
Close % Days High Today PMO
Name/Symbol Price Change Signl Elap P/L P/L R/F Days
---------------------- ------ ------ ----- ---- ------- ------- --------
Software iShares IGV 47.23 -0.2% BUY 7 1.4% -0.3% F 1
Gold Miners GDX 53.61 +0.9% BUY 26 7.9% 7.9% R 6
Internet HLDRs HHH 55.66 +0.4% BUY 50 8.9% 6.4% F 1
Retail Holders RTH 86.97 -0.4% SELL 1 0.4% 0.4% F 1
Biotech iShares IBB 78.58 -0.5% SELL 11 2.4% 2.4% F 13
Health Care SPDR XLV 28.10 -0.4% SELL 11 2.0% 2.0% F 12
Pharmacutical HL PPH 60.26 0.0% SELL 11 0.8% 0.8% F 12
Wireless HLDRs WMH 38.68 -0.9% SELL 12 2.6% 2.6% F 12
Consumer Disc SP XLY 30.19 +0.1% SELL 15 2.1% 1.8% F 12
SPDR DJIA DIA 100.20 0.0% SELL 18 3.0% 2.7% F 20
Nasdaq 100 Shrs QQQQ 43.46 -0.3% SELL 18 2.8% 2.8% F 20
SP500 LgCap SPDR SPY 105.31 0.0% SELL 18 2.8% 2.8% F 20
Energy SPDR XLE 51.20 -0.3% SELL 18 4.8% 4.0% F 20
Industrial SPDR XLI 28.19 -0.4% SELL 18 4.2% 4.1% F 20
Materials SPDR XLB 31.04 +0.4% SELL 18 2.8% 0.8% F 12
Natural Res iShr IGE 31.70 -0.2% SELL 18 3.4% 2.1% F 1
Real Estate iShr IYR 50.98 +0.9% SELL 18 1.2% -1.1% R 0
Telecom iShares IYZ 20.03 +1.0% SELL 18 1.1% 0.0% F 12
SP400 MidCp SPDR MDY 131.11 -0.1% SELL 19 2.7% 2.3% F 1
Russell 2000 iSh IWM 60.18 -0.2% SELL 19 3.5% 2.6% F 1
SP500 Equal Wght RSP 38.65 0.0% SELL 19 2.8% 2.6% F 20
Consumer Non-Cyc IYK 56.16 +0.1% SELL 19 1.5% 1.4% F 12
Consumer Stpl SP XLP 26.48 +0.1% SELL 19 1.3% 1.2% F 20
Financial SPDR XLF 13.55 +0.8% SELL 19 4.7% 4.0% F 21
Network iShares IGN 25.71 -0.9% SELL 19 2.6% 2.6% F 20
Oil Svc HLDRs OIH 97.35 -1.4% SELL 19 5.3% 4.7% F 21
Technology SPDR XLK 20.69 -0.3% SELL 19 3.2% 3.2% F 21
Utilities SPDR XLU 30.81 +0.5% SELL 19 0.7% -0.7% F 1
Bank Regional HL RKH 69.00 +0.7% SELL 20 8.0% 7.3% F 25
Semiconductor iS IGW 41.17 -1.9% SELL 26 11.6% 11.6% F 1
Average -0.1% 18 3.4% 2.8% 12
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PRICE MOMENTUM MODEL SIGNALS
The SWENLIN PRICE MOMENTUM MODEL is intended to catch long-term price moves.
Model Signals are mechanically generated by a 200-day exponential moving
average crossover in conjunction with a 10% price move in the opposite
direction of the current signal extreme. For example, assume that the current
signal is a BUY. If the price drops 10% from the signal high, and also drops
below the 200 DMA, a SELL Signal will be generated automatically. The
MOMENTUM MODEL SIGNALS work best when prices are trending and changing
direction smoothly. When prices are volatile, particularly in a 10% range,
results will be extremely poor. By design, these signals will always miss at
least the first 10% of a move. Rather than wait for a signal reversal, it is
best to use trend analysis and other indicators to decide when to exit a
position. New signals should alert you to the possibility that a change in
direction is taking place. Once alerted, watch price movement and other
indicators to determine an optimum entry point, if any.
SUMMARY OF PRICE MOMENTUM MODEL SIGNALS
ETF ETF
BUY SELL
Total Signals...: 19 11
% of Total......: 63% 37%
Ave Days Elapsed: 64 59
Ave High Profit.: +3% +6%
Ave Profit......: -3% +3%
Ave Rel to Stop.: +5% -8%
PRICE MOMENTUM MODEL SIGNALS
This is a list of PRICE MOMENTUM MODEL SIGNALS for the ETFs we follow.
The newest signals give notice that the trend may be in the process of
making a long-term change of direction.
THIS IS A LIST OF CANDIDATES FOR FURTHER RESEARCH AND IS NEITHER A
SOLICITATION NOR RECOMMENDATION TO BUY OR SELL THE LISTED SECURITIES.
08/31 Cal Price
Close % Days High Today Rel to
Name/Symbol Price Change Sgnl Elap P/L P/L STOP Stop
---------------------- ------ ------ ---- ---- ------ ------ ------ -------
Gold Miners GDX 53.61 +0.9% BUY 13 2.8% 2.8% 47.91 +11.9%
Nasdaq 100 Shrs QQQQ 43.46 -0.3% BUY 27 0.3% -7.4% 42.37 +2.6%
Biotech iShares IBB 78.58 -0.5% BUY 27 1.0% -6.3% 76.19 +3.1%
SPDR DJIA DIA 100.20 0.0% BUY 29 0.4% -5.8% 96.05 +4.3%
SP500 LgCap SPDR SPY 105.31 0.0% BUY 29 0.2% -6.6% 101.69 +3.6%
Energy SPDR XLE 51.20 -0.3% BUY 29 1.1% -8.1% 50.68 +1.0%
Natural Res iShr IGE 31.70 -0.2% BUY 29 0.7% -6.5% 30.74 +3.1%
SP400 MidCp SPDR MDY 131.11 -0.1% BUY 36 0.2% -7.1% 127.31 +3.0%
SP500 Equal Wght RSP 38.65 0.0% BUY 36 0.5% -6.5% 37.40 +3.4%
Consumer Disc SP XLY 30.19 +0.1% BUY 36 1.0% -5.7% 29.11 +3.7%
Technology SPDR XLK 20.69 -0.3% BUY 36 0.5% -7.3% 20.20 +2.4%
Utilities SPDR XLU 30.81 +0.5% BUY 36 1.9% 0.4% 28.15 +9.4%
Industrial SPDR XLI 28.19 -0.4% BUY 39 3.2% -6.3% 27.92 +1.0%
Software iShares IGV 47.23 -0.2% BUY 39 1.7% -1.2% 43.72 +8.0%
Materials SPDR XLB 31.04 +0.4% BUY 40 4.9% -0.9% 29.58 +4.9%
Internet HLDRs HHH 55.66 +0.4% BUY 49 5.2% 2.8% 51.24 +8.6%
Real Estate iShr IYR 50.98 +0.9% BUY 49 6.7% 2.2% 47.50 +7.3%
Telecom iShares IYZ 20.03 +1.0% BUY 173 6.9% 3.2% 18.67 +7.3%
Consumer Stpl SP XLP 26.48 +0.1% BUY 456 22.8% 16.4% 25.14 +5.3%
Russell 2000 iSh IWM 60.18 -0.2% SELL 7 0.0% -0.9% 65.59 -8.3%
Financial SPDR XLF 13.55 +0.8% SELL 7 0.5% -0.3% 14.78 -8.3%
Network iShares IGN 25.71 -0.9% SELL 7 0.2% 0.2% 28.28 -9.1%
Bank Regional HL RKH 69.00 +0.7% SELL 12 4.6% 3.9% 78.45 -12.0%
Semiconductor iS IGW 41.17 -1.9% SELL 20 6.3% 6.3% 45.65 -9.8%
Consumer Non-Cyc IYK 56.16 +0.1% SELL 63 0.7% -4.4% 58.74 -4.4%
Retail Holders RTH 86.97 -0.4% SELL 85 7.7% 5.9% 93.80 -7.3%
Health Care SPDR XLV 28.10 -0.4% SELL 103 2.2% 1.7% 30.76 -8.6%
Pharmacutical HL PPH 60.26 0.0% SELL 109 5.5% 1.2% 63.42 -5.0%
Oil Svc HLDRs OIH 97.35 -1.4% SELL 117 21.7% 14.4% 108.80 -10.5%
Wireless HLDRs WMH 38.68 -0.9% SELL 117 14.3% 7.6% 42.06 -8.0%
Average -0.1% 62 4.2% -0.4% +0.1%
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SHORT-TERM (PMO) and LONG-TERM (PMM) SIGNAL COMPARISONS
The Price Momentum Model (PMM) signal provides guidance regarding the
longer-term trend, and the Price Momentum Oscillator (PMO) signals identify
the shorter-term trend. A logical trading methodology is to open positions
on new PMO signals when they are compatable with the PMM signals. Positions
may be closed or hedged when the PMM and PMO signals are in conflict.
This section compares the PMM and PMO signals side by side and provides
some mechanical analysis. A "Warn!" flag is an alert that the PMO signal is
in conflict with the PMM -- closing or hedging the PMM position may be
considered. A "Buy?" or "Sell?" flag is an alert that the PMO signal has
just changed and is the same as the PMM signal -- opening new PMM positions
may be considered.
SUMMARY OF SHORT-TERM AND LONG-TERM SIGNALS FOR ETF
SHORT-TERM LONG-TERM
PMO PMO PMM PMM
BUY SELL BUY SELL
Total Signals...: 3 27 19 11
% of Total......: 10% 90% 63% 37%
Ave Days Elapsed: 28 17 64 59
Ave High Profit.: +6% +3% +3% +6%
Ave Profit......: +5% +3% -3% +3%
Ave Rel to Stop.: +5% -8%
Percentage of PMOs Rising ..........: 7%
Percentage of PMOs Above Zero.......: 30%
|-- PMO Crossover Model ---|-- Price Momentum Model --|
| PMO High Today | PMM High Today|
Name Flag| Sgnl Day P/L P/L | Sgnl Days P/L P/L|
--------------- -----| ---- --- ------- ------- | ---- ---- ------- -------|
SPDR DJIA Warn! SELL 18 +3.0% +2.7% BUY 29 +0.4% -5.8%
Nasdaq 100 Shr Warn! SELL 18 +2.8% +2.8% BUY 27 +0.3% -7.4%
SP500 LgCap SP Warn! SELL 18 +2.8% +2.8% BUY 29 +0.2% -6.6%
SP400 MidCp SP Warn! SELL 19 +2.7% +2.3% BUY 36 +0.2% -7.1%
Russell 2000 i SELL 19 +3.5% +2.6% SELL 7 0.0% -0.9%
SP500 Equal Wg Warn! SELL 19 +2.8% +2.6% BUY 36 +0.5% -6.5%
Bank Regional SELL 20 +8.0% +7.3% SELL 12 +4.6% +3.9%
Biotech iShare Warn! SELL 11 +2.4% +2.4% BUY 27 +1.0% -6.3%
Consumer Disc Warn! SELL 15 +2.1% +1.8% BUY 36 +1.0% -5.7%
Consumer Non-C SELL 19 +1.5% +1.4% SELL 63 +0.7% -4.4%
Consumer Stpl Warn! SELL 19 +1.3% +1.2% BUY 456 +22.8% +16.4%
Energy SPDR Warn! SELL 18 +4.8% +4.0% BUY 29 +1.1% -8.1%
Financial SPDR SELL 19 +4.8% +4.0% SELL 7 +0.5% -0.3%
Gold Miners BUY 26 +7.9% +7.9% BUY 13 +2.8% +2.8%
Health Care SP SELL 11 +2.0% +2.0% SELL 103 +2.2% +1.7%
Industrial SPD Warn! SELL 18 +4.2% +4.1% BUY 39 +3.2% -6.3%
Internet HLDRs BUY 50 +8.9% +6.4% BUY 49 +5.2% +2.9%
Materials SPDR Warn! SELL 18 +2.8% +0.8% BUY 40 +5.0% -0.9%
Natural Res iS Warn! SELL 18 +3.4% +2.1% BUY 29 +0.7% -6.5%
Network iShare SELL 19 +2.6% +2.6% SELL 7 +0.2% +0.2%
Oil Svc HLDRs SELL 19 +5.3% +4.7% SELL 117 +21.7% +14.4%
Pharmacutical SELL 11 +0.8% +0.8% SELL 109 +5.5% +1.2%
Real Estate iS Warn! SELL 18 +1.2% -1.1% BUY 49 +6.7% +2.2%
Retail Holders SELL 1 +0.4% +0.4% SELL 85 +7.7% +5.9%
Semiconductor SELL 26 +11.6% +11.6% SELL 20 +6.4% +6.4%
Software iShar BUY 7 +1.4% -0.3% BUY 39 +1.7% -1.2%
Technology SPD Warn! SELL 19 +3.2% +3.2% BUY 36 +0.5% -7.3%
Telecom iShare Warn! SELL 18 +1.2% 0.0% BUY 173 +6.9% +3.2%
Utilities SPDR Warn! SELL 19 +0.7% -0.7% BUY 36 +1.9% +0.4%
Wireless HLDRs SELL 12 +2.6% +2.6% SELL 117 +14.3% +7.6%
Average 18 +3.4% +2.8% 62 +4.2% -0.4%
*****************************************************************************
EXPLANATION OF TABLE HEADINGS
Close Price: The last price at which the security traded today.
% Change: Percentage that price has changed from prior day's close.
PMO Rank: Shows the rank of the PMO in relation to the other securities
in the list.
5 Day Rank Chg: The total number of PMO ranks the security has moved up (+)
or down (-) in the last 5 days.
15 Day Rank Chg: The total number of PMO ranks the security has moved up (+)
or down (-) in the last 15 days.
YTD Rank Chg: The total number of PMO ranks the security has moved up (+)
or down (-) since the beginning of the year.
Signl: The signal designations of BUY and SELL indicate the current
direction of momentum and are not an indication that continuous buying or
selling should take place. Signals that are a few days or weeks old give the
best indication that profitable action MIGHT be taken.
Signal Flag: When the PMO signal disagrees with the PMM signal, the flag
will be "Warn!" On the day the PMO signal changes back into agreement
with the PMM signal, the flag will remind that new positions may be
considered by indicating "Buy?" or "Sell?"
Cal Days Elap: Indicates the number of calendar days that have elapsed since
the current signal was initiated.
High P/L: Highest profit or least loss experienced since the current signal
was initiated. On the first day of a new signal the P/L displayed is the
closing P/L for the prior signal.
Today P/L: Profit or loss for the signal since it was initiated. On the
first day of a new signal the P/L displayed is the closing P/L for the prior
signal.
STOP: The price at which the mechanical PMM signal will reverse.
Price Rel to Stop: This column shows the relationship of the current price
to the price at which the signal will change. (i.e. +5.3% means the current
price is 5.3% above the signal change price.
PMO R/F Days: The direction of the PMO (rising/falling) and number of
calendar days trend has been effect.
The Hot/Cold grouping ranks securities/indexes into six (6) groups ranging
from 1 (Hot) to 6 (Cold) according to price strength, internal strength,
and relative strength. We can quickly assess the condition of these
elements by the group number and "blinker" fields. Moving from left to
right: The first blinker tells us if the PMO is above (+) or below (-) its
10-day exponential moving average (EMA). The second blinker indicates if
the closing price is above (+) or below (-) it's 20-DMA. The third and
fourth blinkers tell us if the PMO is rising (+) or falling (-), and if it
is above (+) or below (-) zero. The fifth blinker tells us if the 5-day PMO
rank change is positive (+), negative (-), or no change ( ). Groups 1-3
should be considered as buy candidates, 4-6 as sell candidates.
CAVEAT
We make every effort to insure the accuracy of this information, but we
cannot guarantee it. It is always possible that errors will creep in. If it
doesn't make sense, let us know about it. Also, we make every effort to upload
this data each market day, but circumstances may be such that it is not
possible due to circumstances beyond our control.
End of ETF Lite Tracker Report for Tuesday 8/31/2010
Copyright 2010 Decision Point. This publication is not to be summarized,
reproduced, or rebroadcast in any fashion without our written permission.
Nothing herein should be construed as an offer or solicitation to buy or
sell any security. Past performance does not guarantee or imply future
results.
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