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FearNewton is a former mathematician turned multi-million dollar trader using his proprietary algorithm developed by a group of PhD's working for major hedge funds.
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  • The Short Case For SPDR S&P 500 Trust ETF 2 comments
    Feb 7, 2013 11:00 PM | about stocks: SPY

    (click to enlarge)Elevator Pitch

    Are we near a short term top ready for correction? This indicator says yes. And the FearNewton indicator says we have a bit more to go, but the short term top is very near.

    Stocks: SPY
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  • CostBasis
    , contributor
    Comments (11) | Send Message
    Does it surprise you that indicators on the S&P 500 suggest a short-term top is near, but AAPL indicators suggest bullishness? I suppose it isn't impossible for AAPL to go up if the S&P 500 is going down (in fact, they've traded reverse since the start of the year), but doesn't that seem a bit suspicious?
    8 Feb 2013, 03:42 AM Reply Like
  • FearNewton
    , contributor
    Comment (1) | Send Message
    Author’s reply » Not at all. Looks like a spread trade to me.
    10 Feb 2013, 12:28 AM Reply Like
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