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Michael Clark
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Michael J. Clark was born and raised in Sinclair, Wyoming. He is a poet, novelist, artist, historian, and market analyst. His fine arts portfolio can be found at the following address: http://www.hoalantrangallery.com/MJC2.htm His writing portfolio can be found at:... More
My company:
Clark's Gate Timing System ©
My book:
TURN OUT THE LIGHTS
  • CGTS WEEKEND EDITION FOR 28 AUGUST 2009 0 comments
    Aug 29, 2009 9:19 AM | about stocks: SLM, EDU, PEIX, UUP, AIG, PCLN, GG, ECH, HURN, INTC
    CGTS WEEKEND EDITION 
    28 AUGUST 2009

    There is nothing in the weekly charts to suggest that this rally is losing steam.  We feel the rally is not confirmed by fundamentals in the economy -- but it is technically not weakening (except in China). SOXX (Semiconductor Index) seemed to be breaking down, but rallied this week to restructure its technicals to look more positive.

    Our weekly portfolio continues to be up about 38%.  We have stopped getting a lot of buy signals as our system depends upon reversals to oversold levels to generate buy signals.  This market is being kept from falling -- volume indicates not by general investor enthusiasm -- but by some black fog named Ben Bernanke.  Now that is the kind of leadership we've been neeeding for 200 years, the kind that does not allow a market to fail.  Helicopter Ben is working on a new nickname: 'Dirigible Ben'.  Well, we all know how that movie ends.


    % Gain Weekly Trades Profit Active Active First
      8/28/09     Trades Cost Trade
                 
    80.36% M5 (7) 2   $96,432 12 120000 1/9/09
    196.24% M5 (10) 2   $98,120 5 50000 3/6/09
    2.07% M2F alt Trade   $415 2 20000 8/14/09
    7.05% M2F alt LT   $2,820 4 40000 7/9/09
    11.28% Momentum   $49,628 44 440000 6/26/09
    13.54% M4 Sum Plus   $63,620 47 470000 7/17/09
    71.39% M4 Plus LT   $342,685 48 480000 2/20/09
    34.21% MA5 MA 40 LT   $116,314 34 340000 3/20/09
    16.41% M4 Sum Plus Rev   $4,923 3 30000 8/21/09
    0.01% M4 Sum Plus Rev 2   $1 1 10000 8/28/09
    38.75% Total   $774,957 200 $2,000,000  

    In this kind of market it makes no sense to let one's emotions get involved with the big picture.  There are many reasons this market might crash -- but there is also the chance it will just continue to go up as if impelled by the magic of anti-gravity.  It's best to follow the system, which has no emotion attached to it.

    MOMENTUM

    We've changed our momentum leaders (below) to indicate M5 leaders overall and M5  leaders over the last 3 weeks -- both the 30 strongest and the 30 weakest.  This is a kind of relative strength indicator, showing which issues have the highest or lowest momentum.

    Example: EDU is in the top 30 but is also in the bottom 30 over the last 3 weeks, which is what we would expect with the Chinese market showing weakness.



    Top 30 Momentum M5 Leaders (1-30)
       
    MRK Merck Pharmaceuticals Weekly
    PCLN PRICELINE
    TEVA Teva Labs
    SGINX DWS GNMA S. FUND
    EMC EMC Corp
    HAL HALIBURTON
    ECH I-SHARES MSCI CHILEAN INDEX
    AMSC AMERICAN SUPERCONDUCTOR
    BWLD BUFFALO WILD WINGS
    SGP Schering Plough Weekly
    RHT RED HAT INC.
    RGR STURM RUGER INC.
    ORCL Oracle Inc.
    AAPL Apple Computer
    JPM JP Morgan Chase
    SBUX Starbucks
    F Ford Weekly
    EDU NEW ORIENTAL EDUCATION & TECH GROUP
    KUSMX DWS GOVERNMENT SECURITIES
    DHI DR Horton Inc.
    SSTGX DWS GLOBAL BOND FUND
    UNH United Healthcare
    IBM International Business Machines
    HD Home Depot
    BAC Bank of America Weekly
    CA Computer Associates Inc
    IAU IShares Comex Gold Trust
    BLK BLACKROCK
    EOC EMPRESSA ELECTRICAL S.A.
    HPQ Hewlett-Packard

    Top 30 Momentum 3-week Differential
       
    HURN HURON CONSULTING
    MRK Merck Pharmaceuticals Weekly
    HAL HALIBURTON
    PCLN PRICELINE
    TMX Mexico Telecom
    GES GUESS INC
    WMT Wal-Mart Stores
    RGR STURM RUGER INC.
    UTX United Technologies
    MCD McDonald's
    HOV Hovnanian Enterprises
    SGINX DWS GNMA S. FUND
    BAC Bank of America Weekly
    PFE Pfizer
    BMY Bristol Meyers Squibb
    ^FTSE FTSE 100 London Index
    SJPNX Scudder Japan Fund
    INTC Intel
    MSFT Microsoft
    BA Boeing
    BJS BJ Services
    FNM Fannie Mae
    CA Computer Associates Inc
    ^DRG Amex Pharmaceutical Index
    HPQ Hewlett-Packard
    SCHLX DWS HEALTH CARE FUND
    UNH United Healthcare
    ^FCHI CAC Paris Index
    SGP Schering Plough Weekly
    ^SMSI Madrid General Index



    Bottom 30 Momentum M5 Trailers (30-1)
       
    MGM MGM MIRAGE
    FXM Mexican Peso ETF
    TWX Time Warner Weekly
    BHI BAKER HUGHES INC
    FMCN FOCUS MEDIA HOLDING GROUP
    WMT Wal-Mart Stores
    GE General Electric
    HMY Harmony Gold Mining
    XOM Exxon Mobile
    C Citigroup
    MCD McDonald's
    COP Conoco Philips Inc
    PNC PNC Financial Svc Weekly
    GMGMQ.PK General Motors
    ERTS Electronic Arts
    DRYS Dry Ships Weekly
    FST FOREST OIL CORP
    ELY Callahan Golf
    PG Procter & Gamble
    FSLR FIRST SOLAR
    UUP POWERSHARES DB US DOLLAR BULLISH
    ^VIX CBOE Volatility Index
    DOG Short DOW 30
    MYY Short Midcap Index ETF
    SH Short SP 500 ETF
    PSQ Short QQQ Index ETF
    DXD Short Dow Index ETF
    QID Short Nasdaq Index ETF
    HURN HURON CONSULTING
    TBT Ultrashort T-Bond 20+ Year ETF



    Bottom 30 M5 3-week differential
       
    PEP Pepsi
    MMM Minn. Mining & Manufacturing
    ^TWII TSEC WEIGHTED TAIWAN INDEX
    HK PETROHAWK ENERGY
    UUP POWERSHARES DB US DOLLAR BULLISH
    AMSC AMERICAN SUPERCONDUCTOR
    ^HSI HANG SENG INDEX
    DXD Short Dow Index ETF
    HLF HERBALLIFE CORP
    ^HUI Gold Stock Index
    NEM Newmont Mining
    IAU IShares Comex Gold Trust
    FXB British Pound ETF
    GG Goldcorp
    DOG Short DOW 30
    DWSN DAWSON GEOPHYSICAL COMPANY
    CSUN China Sunergy Weekly
    BBY Best Buy Inc.
    NKE Nike Inc.
    ACH ALUMINUM COMPANY OF CHINA
    ^SSEC Shanghai Index
    FSLR FIRST SOLAR
    EDU NEW ORIENTAL EDUCATION & TECH GROUP
    F Ford Weekly
    AMGN Amgen Corp
    EOC EMPRESSA ELECTRICAL S.A.
    TEVA Teva Labs
    ^TYX 30 YEAR TREASURY BOND
    ECH I-SHARES MSCI CHILEAN INDEX
    TBT Ultrashort T-Bond 20+ Year ETF




    NEW TRADES FOR THIS WEEK      
    8/28/09        
             
    M5 7 Out @ In @ Gain Date In
    sell PCLN 156.47 116.08 34.79% 07/17/09
      In @ Position SHARES  
    TWII 6809.86 ent long 1  
    GG 37.08 ent long 270  
    M5 10 In @ Position SHARES  
    ECH 45.25 ent long 221  
    M2F alt trade        
    NONE        
    Momentum In @ Position SHARES  
    HURN 18.93 ent long 528  
    INTC 20.25 ent long 494  
    M2F alt LT 2        
    NONE        
    M4 Sum Plus Rev        
    NONE        
    M4 Sum Plus Rev 2 In @ Position SHARES  
    TWII 6809.86 ent long 1  
    SLM 8.97 ent long 1115  
    UUP 23.28 ent short -430  
    SLGLF 0.017 ent short -588235  
    M4 sum In @ Position SHARES  
    TWII 6809.86 ent long 1  
    SLM 8.97 ent long 1115  
    M4 Sum Plus LT In @ Position SHARES  
    AIG 50.23 ENT LONG 199  
    mA 5/MA40 LT In @ Position SHARES  
    PEIX 0.447 ent long 22371  
             



    Everyone, have a good weekend.

    More information on this system can be found at
    www.home.mindspring.com/~mclark7/CGTS09.htm


    Those interested in reading a draft of 'Turn Out the Lights', my description of the metaphysical causes of the financial collapse, can find it at:

    www.hoalantrangallery.com/Turnoutlights.htm

     

    Michael J. Clark
    Clark's Gate Timing System
    Hanoi, Vietnam
    84 4 221 92210

    Disclosure: the author personally owns none of the issues mentioned in this article.



    Stocks: SLM, EDU, PEIX, UUP, AIG, PCLN, GG, ECH, HURN, INTC
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