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CGTS Date-File, Tuesday 20 July. Where is all the selling?

CLARK'S GATE TIMING SYSTEM
Market Data Updated: 20 JULY 2010 TUESDAY.


CGTS Position: Negative on stocks.  Impressed with the current resistance to selling.  I expected a wave of selling that hasn't really materialized yet.

There is a daily change of Positive 38

29 Positive vs. 34 Negative means the rally is over.  Issues in positive trends bumped up from zero to 1.  Not a significant change.

Overall, 163 issues are still in negative momentum trends; 119 in positive momentum trends.   This did not change from Friday.

Intermediate-Term Momentum Reading:
Issues giving -1 or +1 readings today:
  20 July 2010: 18 Negative and 51 Positive.
  19 July 2010: 34 Negative and 29 Positive.
  Daily Change: +38.

Intermediate-Term Momentum Trading Signals:
Issues giving a "Long" or a "Short" Reading:
  19 July 2010: 25 "Short" and 27 "Long".
  19 July 2010: 24 "Short" and 17 "Long".
  Daily Change: +9.

Intermediate-Term Momentum Trend:
Issues giving +1 or -1 readings most recently:
 19 July 2010: 155 Negative; 127 Positive.
 
19 July 2010: 163 Negative; 119 Positive.
Daily Change: +16.


Below you will see a basket of stocks, indexes and ETFs.  We' ve run a report asking where we are in terms of intermediate momentum and intermediate trend. 

A negative under "Momentum" and under "Trend" indicates a current bearish picture.  A positive Momentum and Trend is bullish. 

Stocks with negative Momentum and positive Trend should be viewed with 'Caution" as being perhaps approaching a sell signal.  Stocks with positive Momentum and negative Trend we consider 'prepare' as perhaps issues to keep an eye on for possible buy signals.  Momentum tends changes before trend changes.  Issues with a neutral Momentum are either 'Neutral +" (if they have a positive Trend) or "Neutral -" (if they have a negative Trend) -- these can be largely ignored.

The 'Momentum' indicator fluctuates between 1 and -1 and often moves from -1 to 0 and back to -1 during a sell-off.  The fact that a reading was -1 yesterday, and is 0 today, should not be viewed as a positive.  +1 would be the positive change.

The "Intermediate Term Momentum" reading above attempts to determine where the issues giving a current "0" reading are in terms of bullish or bearish sentiment.  In the table below, we ask how many days since an issue gave a +1 reading, and how many days since that same issue gave a -1 reading.  An issue 5 days from giving a -1 reading and 61 days from giving a +1 reading is bearish.  (We also have to invert "INVERSE ETF" issues to understand that a negative "short" ETF is actually positive in terms of market sentiment.)

The "Intermediate Term Trend" reading above sums the positive 'Trend" reading below and subtracts it from the negative "Trend" reading below (again, inverting the 'INVERSE ETF" issues).  A positive "Intermediate Trend Reading" above means more issues we follow are bullish than bearish.


 
Issue
Symbol
Mom
Trend
Days From
Days From
Short
Long
7/21/10
 
 
 
Positive
Negative
 
 
 
 
 
 
 
 
 
 
All Ordinaries Australian Index
^AORD_D
0
-12.833
48
8
Banking Index
^BKX_D
0
0.181
5
11
BOLIVIAN INDEX
^BVSP_D
0
165.011
16
10
DOW JONES INDUSTRIAL AVERAGE
^DJI_D
0
-18.043
20
10
Dow Jones Transport Index
^DJT_D
0
-10.981
20
10
Pharmaceutical Index
^DRG_D
0
-0.327
3
28
CAC French Index
^FCHI_D
0
3.695
20
11
FTSE Daily Index
^FTSE_D
0
-11.239
4
11
DAX German Index Daily
^GDAXI_D
0
5.624
20
11
S&P 500 Index
^GSPC_D
0
-2.478
54
10
Philadelphia Housing Sector Index Daily
^HGX_D
0
-0.642
54
10
HANG SENG INDEX HONG KONG
^HSI_D
0
-41.803
14
29
Gold Stock Index Daily
^HUI_D
0
-2.314
16
1
Japan Index
^JPN_D
0
-0.321
20
9
Kospi South Korean Index
^KS11_D
0
1.751
3
29
Nikei Japan Index
^N225_D
-1
-41.211
46
0
short
Nasdaq Index Daily
^NDX_D
0
-3.975
21
10
S&P 100 Index
^OEX_D
0
-1.037
54
10
Russell SMall Cap Index Daily
^RUT_D
0
-2.179
51
10
Madrid General Index Daily
^SMSI_D
0
5.073
4
29
Phildelphia Semiconductor Index
^SOX_D
0
-0.65
21
10
Shanghai Composite
^SSEC_D
0
-6.691
46
7
Swiss Index Daily
^SSMI_D
0
-14.069
21
11
TAIWAN WEIGHTED INDEX
^TWII_D
1
-9.36
0
22
30 YEAR TREASURY YIELD
^TYX_D
0
-0.013
66
10
Utility Index
^UTY_D
1
-0.128
0
30
CRB Volatility Index Daily
^VIX_D
-1
-0.816
37
0
short
Philadelphia Gold and Silver Index Daily
^XAU_D
0
0.112
16
1
Amex Computer Index Daily
^XCI_D
0
-1.938
54
10
Oil Stock Index
^XOI_D
0
-3.325
3
11
Aluminum Company of America
AA_D
0
-0.043
20
11
Apple Daily
AAPL_D
0
0.348
18
1
American Barricks Gold
ABX_D
0
-0.218
15
1
Aluminum Corp of China
ACH_D
0
-0.032
60
11
Adobe Daily
ADBE_D
0
-0.117
21
8
American Intl Group Daily
AIG_D
0
0.292
20
11
Applied Materials
AMAT_D
0
-0.039
21
10
Amgen
AMGN_D
0
0.074
16
9
American Superconductor
AMSC_D
0
-0.115
20
10
Ameritrade Corp
AMTD_D
0
-0.096
50
8
Amazon
AMZN_D
0
0.821
55
10
American Oriental Bioengineering
AOB_D
0
0.018
59
9
Aeropostale Daily
ARO_D
0
0.06
24
8
American Express
AXP_D
0
0.145
4
28
Boeing Daily
BA_D
0
0.126
16
2
Bank of America Daily
BAC_D
-1
-0.475
4
0
short
Cotton ETF
BAL_D
-1
-0.093
53
0
short
Banco Brandesco SA
BBD_D
0
-0.251
5
13
BHP Billiton
BBL_D
0
-0.057
18
30
Best Buy Daily
BBY_D
0
-0.26
54
10
BioCryst Pharmaceuticals
BCRX_D
0
-0.086
50
1
BE Aeorspace Inc
BEAV_D
0
0.31
3
29
Ben Franklin
BEN_D
0
0.656
3
10
Baker Hughes Daily
BHI_D
1
0.403
0
33
long
Baidu
BIDU_D
0
0.659
3
10
Short 1-3 Month TBill ETF
BIL_D
-1
0
26
0
BLACKROCK
BLK_D
0
0.753
73
12
Badger Meter
BMI_D
0
-0.154
23
10
Bristol Meyers
BMY_D
0
0.083
9
31
British Petroleum Daily
BP_D
0
0.511
3
14
Berkshire Hathaway A Daily
BRK-A_D
0
400
15
1
Berkshire Hathaway B Shares
BRK-B_D
0
0.273
15
1
Buffalo Wings
BWLD_D
0
0.462
3
10
Boyd Gaming
BYD_D
-1
-0.151
39
0
short
CIT Group Daily
C_D
0
0.009
5
30
Computer Associates
CA_D
0
-0.067
67
10
Caterpillar
CAT_D
1
0.353
0
28
long
Coeur D'Alene Daily
CDE_D
0
-0.132
16
1
Global Water ETF
CGW_D
0
-0.027
3
28
Rockwell Collins Daily
COL_D
0
-0.241
55
10
Conoco Philips Daily
COP_D
0
-0.16
20
10
Livestock ETF
COW_D
0
0.014
1
26
Copa Holdings SA-A
CPA_D
0
-0.273
61
11
Cisco Systems Daily
CSCO_D
0
0.175
3
10
China Sunergy Daily
CSUN_D
0
0.029
22
28
TIMBER ETF
CUT_D
0
0.041
20
11
Chinese Yuan ETF Wisdom-Tree
CYB_D
0
-0.001
19
28
OIL POWERSHARES DB
DBO_D
0
-0.102
20
10
John Deere
DE_D
1
0.563
0
10
long
Short Gold ETF Daily
DGZ_D
0
-0.024
1
16
DR Horton Daily
DHI_D
0
-0.086
49
8
Short Dow 30 ETF
DOG_D
0
0.066
10
3
Dry Ships Daily
DRYS_D
1
0.067
0
10
long
Short Oil and Gas ETF Daily
DUG_D
0
-0.954
10
20
Dawson Geophysical
DWSN_D
0
0.194
54
10
Short Dow Industrial ETF
DXD_D
0
-0.317
10
3
ENCANA CORP
ECH_D
1
0.25
0
36
long
New Oriental Educations and Technology
EDU_D
0
0.222
15
38
Short MSCI Emerging Markets ETF Daily
EEV_D
-1
-0.611
37
0
short
Short MSCI EAPE Index ETF Daily
EFZ_D
0
-0.23
30
3
Estee Lauder
EL_D
0
0.251
3
14
Earthlink Inc
ELNK_D
1
-0.017
0
10
Calahan Golf
ELY_D
0
0.037
51
9
EMC Daily
EMC_D
0
0.067
1
36
Entremed
ENMDD_D
-1
-0.081
63
0
short
Encore Energy Partners
ENP_D
1
0.129
0
31
long
EXPRESA NATIONAL DE ELECT.CHILE
EOC_D
0
0.128
20
36
India ETF
EPI_D
0
0.067
5
37
Asia (No Japan) ETF
EPP_D
0
0.108
20
30
Equity Residential
EQR_D
0
0.39
22
10
Electronics Arts Daily
ERTS_D
0
-0.085
54
10
E-Trade Financial Daily
ETFC_D
0
0.132
55
9
Short Emerging Markets
EUM_D
-1
-0.139
37
0
short
Canada ETF
EWC_D
0
-0.045
20
10
Germany ETF
EWG_D
0
0.057
3
29
Japan Index ETF
EWJ_D
0
-0.021
59
12
Malaysia Index ETF
EWM_D
1
0.016
0
36
long
Spain Index
EWP_D
1
0.444
0
28
long
France ETF
EWQ_D
0
0.14
3
13
Singapore Index
EWS_D
1
0.04
0
28
long
Short MSCI Japan ETF Daily
EWV_D
0
-0.138
29
4
Brazil ETF
EWZ_D
0
0.233
7
37
Ford Daily
F_D
1
0.134
0
14
long
Industrial/Office REIT ETF
FIO_D
0
-0.095
49
9
First Third Bancorp
FITB_D
-1
-0.382
44
0
short
Freddie Mac Daily
FMCC.OB_D
-1
-0.014
59
0
short
Focus Media Holding Ltd.
FMCN_D
0
0.165
3
30
Fannie Mae Daily
FNMA.OB_D
0
-0.011
60
4
FIRST SOLAR
FSLR_D
1
1.184
0
28
long
FOREST OIL
FST_D
0
0.199
22
10
Australian Dollar ETF
FXA_D
1
-0.084
0
30
British Pound ETF
FXB_D
0
-0.077
3
36
Euro vs Dollar ETC
FXE_D
1
-0.149
0
28
Mexican Peso ETF
FXM_D
0
0.042
19
11
Short FTSEChina Index ETF Daily
FXP_D
0
0.097
2
16
Japanese Yen ETF Daily
FXY_D
0
0.048
1
48
Natural Gas ETF
GAZ_D
0
-0.075
22
4
Gold Junior Minors ETF Daily
GDXJ_D
0
-0.2
21
1
General Electric Daily
GE_D
0
-0.076
51
10
Guess? Inc
GES_D
1
-0.088
0
10
Gold Corp
GG_D
0
-0.262
21
1
GERDAU S.A.
GGB_D
0
0.041
18
1
SPDER Gold Shares
GLD_D
0
0.124
16
1
Carbon Credit ETF
GRN_D
0
-0.187
22
4
Goldman Sachs Daily
GS_D
1
1.621
0
11
long
Glaxo-Smith Klein
GSK_D
0
0.096
3
11
Goldspring
GSPG.OB_D
-1
-0.014
27
0
short
Haliburton
HAL_D
1
0.276
0
33
long
Home Depot
HD_D
0
-0.157
54
1
PETROHAWK ENERGY
HK_D
0
-0.203
21
1
Helicos Biosciences
HLCS_D
-1
0.001
61
0
HERBALIFE
HLF_D
0
0.195
3
29
Health-Management Assoc
HMA_D
-1
-0.057
42
0
short
Honda Motor Company
HMC_D
0
-0.058
4
11
Homestake Mining
HMY_D
-1
0.024
3
0
Harley-Davidson Daily
HOG_D
1
0.532
0
10
long
Honeywell Daily
HON_D
0
-0.144
51
10
Hovnanian Daily
HOV_D
0
0.057
44
10
Hewlett Packard Daily
HPQ_D
0
-0.13
21
10
Huron Consulting
HURN_D
0
0.295
51
10
Gold Daily
IAU_D
0
0.012
16
1
Biotechnology ETF Daily
IBB_D
0
-0.2
74
10
IBM Daily
IBM_D
0
0.131
3
11
Iconix Brand Group
ICON_D
0
0.195
50
10
Indonesian Index ETF
IDX_D
1
0.383
0
37
long
7-10 Year TBond Fund
IEF_D
1
-0.011
0
66
Semiconductors ETF
IGW_D
0
-0.07
21
10
Intel Daily
INTC_D
1
0.223
0
11
long
Ion corp
IO_D
0
0.06
50
12
Real Estate ETF
IYR_D
0
-0.123
21
10
US Tech ETF
IYW_D
0
-0.116
21
10
Johnson Controls
JCI_D
0
0.113
3
28
Copper ETF
JJC_D
0
0.118
61
30
Grains ETF
JJG_D
0
0.155
2
14
Industrial Metals ETN
JJM_D
0
0.08
60
30
Aluminum ETF
JJU_D
0
-0.132
5
28
Johnson and Johnson
JNJ_D
-1
-0.128
8
0
short
Coffee ETF
JO_D
0
0.144
2
52
JP Morgan Daily
JPM_D
0
0.345
3
11
KBH Home
KBH_D
0
-0.153
54
1
Coca Cola Daily
KO_D
1
-0.041
0
11
Coal ETF
KOL_D
0
-0.076
20
11
Regional Banks ETF
KRE_D
0
0.083
5
10
KANSAS CITY SOUTHERN
KSU_D
0
-0.26
20
1
Solar ETF
KWT_D
1
0.091
0
28
long
Lawson Software Daily
LWSN_D
0
-0.03
22
10
MASTERCARD
MA_D
0
-0.902
19
1
Mc Ddonalds Daily
MCD_D
1
0.083
0
10
long
MGM Mirage
MGM_D
0
0.076
51
1
Merkel Daily
MKL_D
0
-0.782
4
9
3-M Daily
MMM_D
0
0.248
3
28
Motorola Daily
MOT_D
1
0.138
0
10
long
Merk Pharmaceuticals Daily
MRK_D
0
0.101
3
36
Microsoft Daily
MSFT_D
0
-0.107
55
11
Mechel Open Joint Stock Company
MTL_D
0
0.146
18
11
Short Midcap Index Short
MYY_D
0
0.077
10
54
Short Midcap Index ETF Daily
MZZ_D
0
-0.258
10
21
Newmont Mining Daily
NEM_D
0
0.182
4
1
Blue Nile
NILE_D
0
0.157
21
10
Nike Daily
NKE_D
0
-0.153
21
10
Navidia Daily
NVDA_D
0
-0.075
66
2
Nova Measuring Instruments
NVMI_D
0
0.064
21
9
Realty Income Corp
O_D
0
-0.074
22
10
Oracle Daily
ORCL_D
1
0.189
0
12
long
Plum Creek Timber
PCL_D
1
-0.125
0
10
Priceline.com
PCLN_D
1
1.659
0
11
long
PRIDE INTERNATIONAL
PDE_D
0
0.16
54
14
Protein Design Labs
PDLI_D
0
0.034
3
28
PACIFIC ETHANOL
PEIX_D
-1
-0.018
94
0
short
Pepsi Daily
PEP_D
1
0.058
0
13
long
Phizer Drugs Daily
PFE_D
0
-0.046
49
11
Proctor and Gamble Daily
PG_D
0
0.055
3
10
PNC Financial Svc Daily
PNC_D
0
0.297
5
11
Aerospace and Defense ETF
PPA_D
0
-0.059
53
10
Short QQQ Index ETF
PSQ_D
0
0.066
10
21
Qualcom Daily
QCOM_D
1
0.399
0
12
long
Short NASDAQ Index ETF
QID_D
0
-0.231
10
21
Powershares QQQ
QQQQ_D
0
-0.099
21
10
Royal Bank of Scotland Daily
RBS_D
0
0.125
3
13
Short Technology ETW Daily
REW_D
0
-0.352
10
3
Sturm Ruger
RGR_D
1
0.158
0
10
long
Red Hat
RHT_D
0
0.099
3
46
Research in Motion
RIMM_D
0
0.734
71
10
Rockwell Automation Daily
ROK_D
0
-0.203
44
10
Relaince Steel
RS_D
0
-0.293
67
1
Russian Index ETF
RSX_D
0
0.066
20
12
Short Russell 200 Index ETF Daily
RWM_D
0
0.101
10
50
Short Healthcare ETF Daily
RXD_D
0
0.1
10
21
Sonic Automotive
SAH_D
1
-0.03
0
6
SAP
SAP_D
0
0.16
1
30
Short Small Cap 600 S&P ETF Daily
SBB_D
0
0.082
10
50
Starbucks Daily
SBUX_D
0
-0.11
20
10
Short Consumer Services ETF Daily
SCC_D
0
-0.377
10
53
Southern Copper
SCCO_D
1
0.379
0
11
long
DWS Scudder Gold Fund Daily
SCGDX_D
0
0.027
15
1
Short Small Cap Index ETF Daily
SDD_D
0
-0.295
10
50
Short utilities ETF Daily
SDP_D
-1
-0.263
30
0
short
Global Shipping ETF
SEA_D
0
0.178
15
75
Sugar ETF
SGG_D
1
0.217
0
40
long
Short SP 500 ETF
SH_D
0
0.086
10
20
Short Industrials ETF Daily
SIJ_D
0
-0.262
10
50
DWS Scudder Japan Index
SJPNX_D
0
-0.016
4
27
Short Financials ETF Daily
SKF_D
0
-0.246
10
3
DWS Commodity Securities Fund
SKSRX_D
0
0.001
1
14
DWS Scudder Latin American Fund
SLAFX_D
0
0.149
19
35
SL Green Realty
SLG_D
0
0.595
42
10
Silverado Gold Daily
SLGLF.OB_D
-1
0
7
0
Sallie Mae Daily
SLM_D
0
0.134
18
10
Steel ETF
SLX_D
0
-0.109
18
11
Short Basic Materials
SMN_D
0
-0.685
10
20
Sony Daily
SNE_D
0
-0.176
4
11
Short Real Estate ETF Daily
SRS_D
0
-0.544
10
21
Short Semiconductors ETF Daily
SSG_D
-1
-0.3
10
0
short
Banco Santander
STD_D
1
0.133
0
28
long
St. Jude Medical
STJ_D
0
-0.11
61
11
Short Consumer Goods
SZK_D
-1
-0.54
10
0
short
Global Solar Energy ETF
TAN_D
1
0.101
0
28
long
Ultrashort TBond 20+ Year Daily
TBT_D
0
-0.122
66
10
Teva Pharmaceutical Daily
TEVA_D
0
-0.141
3
15
Thailand ETF
THD_D
1
0.164
0
37
long
Telmex Daily
TMX_D
0
0.029
4
30
Toll Brothers
TOL_D
0
-0.114
50
10
Tesla Motors Daily
TSLA_D
0
0.5
0
0
Turkey Index ETF
TUR_D
1
0.276
0
30
long
Short Russell 2000 Index ETF Daily
TWM_D
0
-0.292
10
50
Time Warner Daily
TWX_D
0
-0.125
21
10
Texas Instruments Daily
TXN_D
0
-0.044
1
10
Short 10-Year TBond ETF
TYO_D
-1
-0.133
66
0
short
United Airlines Daily
UAUA_D
0
0.328
21
10
US DOLLAR INDEX BEARISH
UDN_D
0
-0.02
1
29
US Gasoline ETF
UGA_D
0
0.069
16
10
Heating Oil ETF
UHN_D
0
-0.072
16
10
United Healthcare Daily
UNH_D
1
-0.036
0
12
United Parcel Service Daily
UPS_D
0
-0.173
50
10
United Technologies Daily
UTX_D
0
-0.168
56
28
US DOLLAR INDEX BULLISH ETF
UUP_D
-1
0.013
29
0
VALE S.A.
VALE_D
0
-0.042
20
2
Valero Corp
VLO_D
0
0.033
16
28
Vietnam Market Vectors
VNM_D
0
0.063
5
37
REIT Index ETF
VNQ_D
0
-0.134
21
10
VIX ETF
VXX_D
-1
-0.464
36
0
short
Verizon Communications
VZ_D
-1
-0.05
18
0
short
Wells Fargo
WFC_D
0
0.094
3
10
Walmart Daily
WMT_D
1
-0.065
0
11
US Steel Corp
X_D
1
0.603
0
10
long
SPIDER Oil Gas Equipment ETF
XES_D
1
0.091
0
11
long
Scudder GLobal Commodites Fund
XGCSX_D
0
0.004
3
28
Homebuilders ETF
XHB_D
0
-0.093
50
10
Spider Mining Metals ETF
XME_D
0
-0.17
20
10
Exxon Mobil Daily
XOM_D
0
-0.115
20
11
Spider Oil Gas Exploration ETF
XOP_D
0
-0.172
21
10
Retailers ETF
XRT_D
0
-0.148
53
10
Yahoo Inc.
YHOO_D
0
0.105
5
13
 



More information on this system can be found at

 

http://home.mindspring.com/~mclark7/CGTS09.htm

 

 

 

Michael J. Clark
Clark's Gate Timing System
Hanoi, Vietnam

84 4 221 92210





Disclosure: No positions to disclose.





Disclosure: See Disclosure statement.