RSI7 STOCK BLOG

Get daily, weekly, monthly RSI7
This is a dedicated blog for RSI(Relative Strength Index) technical indicator. When all the monthly, weekly, and daily RSI7 values are below 30, it is a buy signal according to the blog of Mr.Bill Cara. For more info , please check out About page. Disclaimer

Stock Market Spam Email

I used to get lot of spam mails on stocks. Suddenly I realized the pattern that the stock spam mails stops coming in when the market is down. And when the market turns into the positive territory, I start to recieve spams again!

That looks like a good spamming strategy since when the market is bull, investors are more likely willing to buy stocks and Spam emails have a better chance for them to look at the emails.

So I was happy that I haven’t received any stock related spams for a while since the market is so terrible these days. But you know what? I received more than 10 stock spams today! One of the subject says ‘The bull is back’.

Maybe this is a sign of BULL coming back alive ! LOL!

Cara 100 updated

I updated the Cara 100 list today. I was somewhat busy or lazy that I did not update Cara 100 properly. I have checked and updated the stock list today.

Here are the ones added to the list

ABX
DNA
GG
IBKR
KO
NOK
PDA
RIMM
SYT
TEF
TT

Here are the list of stocks taken out of the list.

ADSK
ASD
C
ET
FITB
HOV
LEH
LYO
MCO
MU
MXIM

Cara’s Accumulation Zone

Today’s billcara’s blog entry has the list of stocked entered in the Acumulation Zone.

Buy Alerts (with latest closing price): BC ($15.09), KSS ($40.00), BBBY ($27.05), JCP ($40.93), WAG($33.71), TM ($99.70), PAYX ($33.71), BDK ($65.75), BA ($78.40), DELL ($21.08), CTSH ($26.00), YHOO ($20.78) and WHR ($71.53)

AZ: SNDK ($27.74), HBC ($74.53), CCL ($38.26), and DIS ($28.51).

Predict the future market

So you want to have the power to see the future? Read the Slosh Report.

I just read this blog and summerize my understandings. http://market-ticker.denninger.net/

Here is one of the ways to predict the future.

You have read something like “Fed injected XX billion into the market , blah blah”. The slosh report shows how much Fed temporary short term loan known as TOMO(Temporary Open Market Operations) is in the market. The amount Fed accepted is interpreted as the amount fed injected into the market.

The pink colored bars indicates the daily Fed accepted /Granted loan amount.

But thing is that this loan must be returned someday. (Shown as Grey Bars in the graph)And I can think that the day when this return amount is high, the banks will have to sell their equities therfore the market will be downward based on the assumtion that the large portion of the slosh is currently in the equity market.

Then according to the below graph, it is most likely that the stock market be down tomorrow. But still Maybe I am wrong, but I can’t wait to see the end of the tomorrow. :)

repograph.gif

Slosh Report
Slosh Report help

Slosh Report Data Source (http://www.newyorkfed.org/markets/omo/dmm/temp.cfm)

nke1.jpg

I have inserted an extra column named ‘adjclose’ to keep track of the normalized closed prices. So if a 1 to 2 split occurs , all the past prices will be divided by 2 and stored into adjclose column. And the rsi7 is calculated based on this adjusted close price to get the correct values.

I will need to run few scripts manually when the split occurs, so it is somewhat inconvenient for me.

« Previous Entries  

Subscription

RSS RSS
Add to Bloglines
Add to Google
Add to My MSN
Add to Rojo
Add to Technorati
Add to My Yahoo

Calendar

July 2008
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031  

Ajax Quotes

Ajax Stock Quotes
Yahoo stock quotes - 30 mins delay. Refresh Count:
* Market is open during 9:30 AM - 4:00 PM US Eastern time. Monday through Friday.
* The price is updated every 10 secs only during the market open hours.
* You can check the last quote time by moving your mouse over the price.
Thank you for the donation.

US $