Saturday, July 22, 2006
Our belief is that the Stock Market is controlled by the Specialists and Market Makers or Exchange Insiders. We developed MktMetrics over a four year period and performed a 30-year computer generated study to test our findings. Our sole purpose was to produce a mirror image of where the Exchange Insiders buy and sell their stock inventory. We hope you will subscribe to http://www.mktmetrics.com/ for $40.00 monthly and financially benefit by its consistently accurate daily results. After performing our extensive research, we found that the Exchange Insiders control the direction of the Stock Market by moving individual members of the Dow Jones Industrial Average to establish a trend for the purpose of accumulating at wholesale and distributing at retail, their stock inventory for maximum gain. Ergo, we pay strict attention to the numbers generated from the MktMetrics program to spot their intent. To that end, our focus is concentrated on the Dow Jones Industrial Average.
Dow Jones Industrial Average trading range: High 11,709.09 - Low 9,961.52 = 1,747.57
DJIA- Week Ending July 21, 2006
MktMetrics Weekly Stock Market Analysis:DJIA Outlook: Bearish Falling 29% vs Last week: 42% (High 84% / Low 12%)
DJIA Closed: 10,868.38 vs Last week: 10,739.35 +129.03 / Prior week: -351.32
21-day M/A: 11,008.58 vs Last week: 11,040.57 -31.99 / Prior week: +32.90
DJIA Trend: Rising 42% vs Last week: 23% (High 94% / Low 10%)
DJIA Momentum: Rising 29% vs Last week: 19% (High 88% / Low 10%)
DJIA Volatility: Falling 1.17% vs Last week: 1.36% (High 2.35% / Low 0.17%)
DJIA Resistance: Falling Near Term 11,201 vs Last week: 11,386
DJIA Resistance: Falling Intermediate Term 11,394 vs Last week: 11,427
DJIA Support: Falling Near Term 10,816 vs Last week: 10,847
DJIA Support: Falling Intermediate Term 10,623 vs Last week: 10,654
DJIA Money Flow Index: Rising 29% vs Last week: 16% (High 97% / Low 08%)
DJIA Directional Indicator: -10.1 vs Last week: -3.7 (High 35.4 / Low -35.8)
21-Day M/A Price A/D Line: -3.6 vs Last week: 41 (High 647 / Low -455)
21-Day M/A Volume A/D Line: -214 vs Last week: -147 (High 188/ Low -439)
DJIA Price vs 21-Day M/A: -1.27% vs Last week: -2.73% (High 4.36% / Low -3.56%)
DJIA Moving Average Convergence/Divergence(MACD): SELL(+) vs Last week: SELL (-)
DJIA Overbought/Oversold (CCI): -49 vs Last week: -187 (High +255 / Low -202)
DJIA Stochastic 20-Day Indicator: Rising 43 vs Last week: 27 (High 100 / Low 00)
DJIA Relative Strength 14-Day Indicator: 38 vs Last week: 40 (High 97 / Low 12)
DJIA Today vs 50-Day M/A Volume: 1.1 vs Last week: 1.0 (High 1.4 / Low 0.4)
Stock Market Outlook: Bearish Rising 10.2% vs Last week: 8.0% (93.9 / Low 8.0%)
Exchange Insiders' Inventory: Falling-.07% vs Last week:-.06%(High +.19%/Low -.24%)
Institutional Demand Factor: Rising 24.7 vs Last week: 18.7 (High 58.3 / Low 18.7)
Institutional Inventory Factor: Rising 41.7 vs Last week: 29.7 (High 71.5 / 31.3)
Institutional Accumulation/Distribution Trend: Falling -.15 vs Last week: -.10 (High .35 / -.41)
Institutional Sentiment Index: Falling 75 vs Last week: 80 (High 124 / Low 68)
Speculation Indicator: Rising -.10 vs Last week: -.53 (High +.78 / Low -.71)
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Exchange Traded Funds- Trend/Sector Analysis: (Change +/-)Diamonds-Dow 30DIA: -.19 vs Last week: -.12 (High .62 / Low -.48) Rating: SELL Demand Factor: 16+
SPDR-S&P 500SPY: -.08 vs Last week: -.04 (High .62 / Low -.54) Rating: SELL Demand Factor: 34-
SPDR-S&P 400 Mid-CapMDY: -.23 vs Last week: +.02 (High .85 / Low -.80) Rating: SELL Demand Factor: 26-
Russell 2000 Small-CapIWM: -.09 vs Last week: -.00 (High .51 / Low -.42) Rating: SELL Demand Factor: 14-
Nasdaq 100 Large GrowthQQQQ: -.33 vs Last week: -.27 (High .54 / Low -.35) Rating: SELL Demand Factor: 00/
1.
BiotechBBH: -.08 vs Last week: -.07 (High 1.58 / Low -1.02)Rating: SELL Demand Factor: 54-
2.
BroadbandBDH: -.54 vs Last week: -.46 (High .57 / Low -.54) Rating: SELL Demand Factor: 10-
3.
Central Fund of Canada (Physical Precious Metals)CEF: -.07 vs Last week: +.23 (High .41 / Low -.23) Rating: SELL- Demand Factor: 42-
4.
Deutsche Bank Commodity Index Tracking ETFDBC: +.36 vs Last week: +.52 (High .56 / Low -.65) Rating: BUY Demand Factor: 96-
5.
Emerging MarketsEEM: +.14 vs Last week: +.40 (High .84 / Low -.116) Rating: BUY+ Demand Factor: 81+
6.
EAFE Global Equities (Europe, Australasia and Far East)EFA: +.14 vs Last week: +.24 (High .56 / Low -.37) Rating: SELL- Demand Factor: 92-
7.
Pacific ex-JapanEPP: +.09 vs Last week: +.22 (High .35 / Low -31) Rating: SELL- Demand Factor: 85-
8.
CanadaEWC: -.08 vs Last week: +.10 (High .52 / Low -.23) Rating: SELL- Demand Factor: 51-
9.
SwedenEWD: -.04 vs Last week: +.20 (High .56 / Low -.26) Rating: SELL Demand Factor: 68-
10.
GermanyEWG: +.15 vs Last week: +.23 (High .61 / Low -.19) Rating: SELL Demand Factor: 90/
11.
Hong KongEWH: +.18 vs Last week: -.00 (High .37 / Low -.25) Rating: BUY+ Demand Factor: 93+
12.
JapanEWJ: -.04 vs Last week: +.05 (High .63 / Low -.43) Rating: SELL Demand Factor: 77/
13.
BelgiumEWK: +.25 vs Last week: +.35 (High .60 / Low -.21) Rating: BUY Demand Factor: 97+
14.
MalaysiaEWM: +.21 vs Last week: +.26 (High .29 / Low -.21) Rating: SELL- Demand Factor: 94/
15.
NetherlandsEWN: +.07 vs Last week: +.21 (High .30 / Low -.14) Rating: BUY Demand Factor: 96+
16.
FranceEWQ: -.12 vs Last week: -.04 (High .56 / Low -.36) Rating: SELL Demand Factor: 65/
17.
SingaporeEWS: -.06 vs Last week: +.01 (High .37 / Low -.21) Rating: SELL- Demand Factor: 68+
18.
TaiwanEWT: +.04 vs Last week: +.06 (High .23 / Low -.21) Rating: SELL Demand Factor: 57-
19.
United KingdomEWU: +.34 vs Last week: +.40 (High .42 / Low -.20) Rating: BUY Demand Factor: 97+
20.
MexicoEWW: +.28 vs Last week: +.31 (High .44 / Low -.31) Rating: BUY+ Demand Factor: 71+
21.
South KoreaEWY: +.12 vs Last week: +.12 (High .43 / Low -.53) Rating: SELL Demand Factor: 88+
22.
BrazilEWZ: +.14 vs Last week: +.37 (High .41 / Low -.28) Rating: BUY Demand Factor: 78+
23.
Xinhua ChinaFXI: +.35 vs Last week: +.49 (High .62 / Low -.32) Rating: BUY Demand Factor: 92+
24.
Street TRACKS Gold TrustGLD: +.25 vs Last week: +.80 (High .54 / Low -.61) Rating: BUY Demand Factor: 63-
25.
InternetHHH: -.75 vs Last week: -.24 (High .50 / Low -.75) Rating: SELL Demand Factor: 02+
26.
Internet ArchitectureIAH: -.50 vs Last week: -.48 (High .65 / Low -.60) Rating: SELL Demand Factor: 14+
27.
Comex GoldIAU: +.27 vs Last week: +.78 (High .81 / Low -.65) Rating: BUY Demand Factor: 47-
28.
BiotechnologyIBB: -.28 vs Last week: -.27 (High .58 / Low -.62) Rating: SELL Demand Factor: 00-
29.
UtilitiesIDU: +.30 vs Last week: +.18 (High .52 / Low -.54) Rating: BUY Demand Factor: 99+
30.
S&P Europe 350 IndexIEV: +.24 vs Last week: +.34 (High .54 / Low -.48) Rating: BUY Demand Factor: 84+
31.
Natural ResourcesIGE: +.16 vs Last week: +.37 (High .88 / Low -.72) Rating: SELL- Demand Factor: 44-
32.
NetworkingIGN: -.50 vs Last week: -.40 (High .38 / Low -.50) Rating: SELL Demand Factor: 00/
33.
SoftwareIGV: -.08 vs Last week: +.11 (High .33 / Low -.60) Rating: SELL Demand Factor: 42+
34.
SemiconductorIGW: -.57 vs Last week: -.27 (High .62 / Low -.75) Rating: SELL Demand Factor: 00/
35.
Internet InfrastructureIIH: +.10 vs Last week: +.26 (High .37 / Low -.23) Rating: SELL Demand Factor: 71-
36.
Mid-Cap 400 BlendIJH: -.21 vs Last week: +.04 (High .42 / Low -.30) Rating: SELL Demand Factor: 63-
37.
Mid-Cap 400 GrowthIJK: -.12 vs Last week: +.15 (High .38 / Low -.52) Rating: SELL Demand Factor: 36-
38.
Small-Cap 600IJR: +.17 vs Last week: +.31 (High .83 / Low -.41) Rating: BUY+ Demand Factor: 81+
39.
S&P Latin America 40 IndexILF: +.25 vs Last week: +.79 (High .98 / Low -.60) Rating: SELL Demand Factor: 52-
40.
S&P 1500 IndexISI: -.14 vs Last week: +.15 (High .53 / Low -.41) Rating: SELL Demand Factor: 00-
41.
S&P/TOPIX 150 Japan IndexITF: -.04 vs Last week: +.16 (High .92 / Low -.90) Rating: SELL Demand Factor: 85-
42.
Global FinancialIXG: +.06 vs Last week: +.10 (High .52 / Low -.35) Rating: SELL Demand Factor: 46+
43.
Consumer CyclicalIYC: -.20 vs Last week: -.15 (High .36 / Low -.64) Rating: SELL Demand Factor: 19+
44.
EnergyIYE: +.32 vs Last week: +.53 (High .79 / Low -.69) Rating: SELL- Demand Factor: 20-
45.
HealthcareIYH: +.04 vs Last week: +.04 (High .39 / Low -.44) Rating: BUY Demand Factor: 43-
46.
IndustrialIYJ: -.10 vs Last week: +.12 (High .41 / Low -.35) Rating: SELL Demand Factor: 62-
47.
Consumer Non-CyclicalIYK: +.23 vs Last week: +.21 (High .31 / Low -.56) Rating: BUY Demand Factor: 97+
48.
Basic MaterialsIYM: -.08 vs Last week: +.12 (High .38 / Low -.52) Rating: SELL Demand Factor: 57-
49.
Real EstateIYR: +.15 vs Last week: +.18 (High .62 / Low -.38) Rating: BUY Demand Factor: 36+
50.
TransportationIYT: -.26 vs Last week: +.10 (High .80 / Low -.52) Rating: SELL- Demand Factor: 65+
51.
TechnologyIYW: -.21 vs Last week: -.11 (High .42 / Low -.50) Rating: SELL Demand Factor: 01-
52.
TelecommunicationsIYZ: +.01 vs Last week: +.17 (High .30 / Low -.30) Rating: SELL Demand Factor: 88-
53.
Oil ServicesOIH: -.46 vs Last week: +.57 (High 1.63/ Low -.129) Rating: SELL- Demand Factor: 35-
54.
PowerShares WilderHill Clean EnergyPBW: -.08 vs Last week: +.06 (High .31 / Low -.24) Rating: SELL Demand Factor: 86+
55.
PharmaceuticalPPH: +.27 vs Last week: +.16 (High .47 / Low -.61) Rating: BUY+ Demand Factor: 69+
56.
PowerShares Dynamic OTCPWO: -.08 vs Last week: +.05 (High .22 / Low -.28) Rating: SELL Demand Factor: 39+
57.
Regional BankRKH: +.29 vs Last week: +.16 (High .88 / Low -.48) Rating: BUY+ Demand Factor: 25+
58.
MS Eastern Europe FundRNE: -.22 vs Last week: +.08 (High .35 / Low -.29) Rating: SELL Demand Factor: 13-
59.
RetailRTH: -.30 vs Last week: -.17 (High .58 / Low -.58) Rating: SELL Demand Factor: 00-
60.
Silver TrustSLV: +.15 vs Last week: +.91 (High .91 / Low -.43) Rating: SELL- Demand Factor: 12-
61.
SemiconductorSMH: -.39 vs Last week: -.20 (High .45 / Low -.52) Rating: SELL Demand Factor: 00/
62.
SoftwareSWH: -.33 vs Last week: -.10 (High .51 / Low -.41) Rating: SELL Demand Factor: 04+
63.
Lehman 20+ Treasury Bond FundTLT: +.26 vs Last week: +.03 (High .34 / Low -.44) Rating: BUY Demand Factor: 96+
64.
TelecommunicationsTTH: -.01 vs Last week: -.18 (High .54 / Low -.31) Rating: SELL Demand Factor: 05-
65.
UtilitiesUTH: +.34 vs Last week: +.17 (High .68 / Low -.65) Rating: BUY Demand Factor: 94+
66.
WirelessWMH: -.43 vs Last week: -.64 (High .55 / Low -.64) Rating: SELL Demand Factor: 04+
67.
Materials Select Sector XLB: -.08 vs Last week: +.10 (High .34 / Low -.41) Rating: SELL Demand Factor: 33-
68.
S&P Energy SelectXLE: +.10 vs Last week: +.34 (High .76 / Low -.41) Rating: SELL Demand Factor: 22-
69.
S&P Financial SelectXLF: +.14 vs Last week: -.01 (High .31 / Low -.23) Rating: BUY+ Demand Factor: 73+
70.
TechnologyXLK: -.07 vs Last week: -.04 (High .34 / Low -.32) Rating: SELL Demand Factor: 12+
71.
Consumer StaplesXLP: +.05 vs Last week: -.03 (High .28 / Low -.29) Rating: BUY+ Demand Factor: 31+
72.
Healthcare SelectXLV: +.05 vs Last week: -.07 (High .37 / Low -.28) Rating: BUY+ Demand Factor: 17+
73.
Industrial SectorXLY: -.17 vs Last week: -.16 (High .22 / Low -.45) Rating: SELL Demand Factor: 16-
Information provided by: www.MktMetrics.comA Marketing Alliance with Charles Schwab's CyberTrader
Douglas Gale, President (jdg8119@gmail.com)
Gale Financial Market Econometrics, Inc.
"Just Suppose For A Moment, You Know What The Exchange Insiders Know" MktMetrics Does!