Stock Market Analysis for Week Ending November 23, 2007
Dow Jones Industrial Average (DJIA) Trading Range:High 14,279.96 (10-11-07) / Low 10,653.23 (6-13-06)= Range: 3,626.73
DJIA Outlook: Bearish Falling 30% vs Last week: 43% (High 89% / Low 12%)DJIA Closed: 12,980.88 vs Last week: 13,176.79 -195.91 / Prior week: +134.05
DJIA 21-day Moving Average: 13,361.94 vs Last week: 13,490.12 -128.18 / Prior week: -188.96
DJIA 50-Day Net Change: Falling -462 vs Last week +63 (High +1450 / Low -626)
DJIA Trend: Falling 19% vs Last week: 26% (High 97% 9-19-07&10-1-07 / Low 0% 6-13-07)
DJIA Momentum: Falling 32% vs Last week: 48% (High 97% / Low 10%)
DJIA Volatility: Falling 0.27% vs Last week: 2.67% (High 6.00% / Low -1.09%)
DJIA Resistance: Falling Near Term 13,612 vs Last week 13,776 -164 / Prior week: -158
DJIA Breakout: Falling Intermediate Term 13,829 vs Last week 13,993
DJIA Support: Falling Near Term 13,128 vs Last week: 13,297 -169 / Prior week: -166
DJIA Breakdown: Falling Intermediate Term 12,894 vs Last week: 13,063
DJIA Directional Indicator: Rising -33.0 vs Last week: -33.9 (High +49.4 / Low -52.9)
DJIA Price Advance/Decline Line: Falling -415 vs Last week: -411 (High +647 / Low -660)
DJIA Volume Advance/Decline Line: Falling -341 vs Last week: -309 (High +349 / Low -484)
DJIA Price vs 21-Day Moving Average: Falling -2.9% vs Last week: -2.3% (High +4.4% / Low -4.7%)
DJIA Moving Average Convergence/Divergence(MACD): SELL / Last week: SELL
DJIA Overbought/Oversold (CCI): Falling -96 vs Last week: -67 (High +255 / Low -285)
DJIA Stochastic 20-Day Indicator: Falling 16 vs Last week: 24 (High 100 / Low 00)
DJIA 14-Day Relative Strength Indicator: Rising 35 vs Last week: 33 (High 97 / Low 12)
DJIA Volume vs 50-Day Moving Average: Rising 0.5 vs Last week: 1.2 (High 3.3 / Low 0.3)
Stock Market Outlook: Bearish Falling 38.8% vs Last week: 51.4% (100.0% / Low 8.0%)
Institutional Investor Statistical Trends (Historic High / Low)Exchange Insiders' Inventory: Falling -.06% vs Last week: -.01% (High .29% (4-19-07) / Low -.24% (6-6-06)
Institutional Money Flow Index: Falling 19% vs Last week: 32% (High 97% / Low 08%)
Institutional Demand Factor: Falling 45.8 vs Last week: 59.5 (High 86.8 / Low 18.7)
Institutional Inventory Index: Falling 34.9 vs Last week: 36.4 (High 81.1 / 25.2)
Institutional Accumulation/Distribution: Falling -.21 vs Last week: -.19 (High .35 / -.41)
Institutional Sentiment Index: Unch 138 vs Last week: 145 (High 179 (5-30-07) / (Low 68 (6-13-06)
Speculation Indicator Index: Rising -.040 vs Last week: .001 (High .749 (7-19-07) / (Low -683 (8-15-07)
One Year High Yield National CD Rate: Falling 4.83% vs Last week: 4.88% (5.27 / Low 2.19%)*****************************************************************************************************************
108 Exchange Traded FundsTrends & Sector AnalysisSymbol: Trend +/- (Historic High-Low) / Rating / Demand Factor
Diamonds-Dow 30DIA: -.38 vs Last week: -.39 (High .95 / Low -.59) Rating: SELL Demand Factor: 59-
SPDR-S&P 500SPY: -.40 vs Last week: -.39 (High .77 / Low -.77) Rating: SELL Demand Factor: 67-
SPDR-S&P 400 Mid-CapMDY: -.56 vs Last week: -.37 (High .89 / Low -1.00) Rating: SELL Demand Factor: 68-
Russell 2000 Small-CapIWM: -.26 vs Last week: -.18 (High .71 / Low -.67) Rating: SELL Demand Factor: 93-
Nasdaq 100 Large GrowthQQQQ: -.31 vs Last week: -.04 (High .54 / Low -.35) Rating: SELL Demand Factor: 59-
1.
BiotechBBH: -.27 vs Last week: -.04 (High 1.58 / Low -1.02) Rating: SELL Demand Factor: 88-
2.
BroadbandBDH: -.26 vs Last week: -.05 (High .57 / Low -.54) Rating: SELL Demand Factor: 78-
3.
Central Fund of Canada (Physical Precious Metals)CEF: +.02 vs Last week: +.11 (High .41 / Low -.29) Rating: BUY Demand Factor: 79+
4.
CHICAGO MERCANTILE EXCHANGECME: -.60 vs Last week: +1.12 (High 4.84 / Low -2.93) Rating: SELL- Demand Factor: 85-
5.
Deutsche Bank Commodity Index TrackingDBC: +.27 vs Last week: +.43 (High .61 / Low -.65) Rating: BUY Demand Factor: 95-
6.
ULTRA DOW 30 POWER SHARESDDM: -.57 vs Last week: -.51 (High 1.00 / Low -.77) Rating: SELL Demand Factor: 49-
7.
UltraShort Oil & Gas ProShares (2:1 Leveraged ETF)DUG: +.20 vs Last week: +.13 (High 1.07/ Low -1.02) Rating: BUY Demand Factor: 89+
8.
Dow Jones Select Dividend IndexDVY: -.24 vs Last week: -.28 (High .58 / Low -.46) Rating: SELL Demand Factor: 4-
9.
ULTRA SHORT DOW 30 POWER SHARESDXD: +.19 vs Last week: +.21 (High .64 / Low -.70) Rating: BUY Demand Factor: 15-
10.
CLAYMORE/BNY BRIC ETF (Brazil Russia India China)EEB: -.24 vs Last week: +.35 (High .86 / Low -.43) Rating: SELL- Demand Factor: 71-
11.
Emerging MarketsEEM: -.39 vs Last week: +.09 (High 1.29 / Low -1.19) Rating: SELL- Demand Factor: 90-
12.
EAFE Global Equities (Europe, Australasia and Far East)EFA: -.02 vs Last week: +.06 (High .62 / Low -.65) Rating: BUY Demand Factor: 89-
13.
Pacific ex-JapanEPP: -.48 vs Last week: -.05 (High 1.36 / Low -1.18) Rating: SELL- Demand Factor: 87-
14.
AustraliaEWA: -.24 vs Last week: -.00 (High .81 / Low -.45) Rating: SELL- Demand Factor: 76-
15.
CanadaEWC: -.12 vs Last week: +.17 (High .52 / Low -.37) Rating: SELL- Demand Factor: 44-
16.
SwedenEWD: +.05 vs Last week: -.02 (High .79 / Low -.44) Rating: BUY+ Demand Factor: 86-
17.
GermanyEWG: -.01 vs Last week: +.17 (High .61 / Low -.26) Rating: BUY Demand Factor: 77-
18.
Hong KongEWH: -.05 vs Last week: +.15 (High .48 / Low -.25) Rating: SELL- Demand Factor: 90/
19.
ItalyEWI: +.08 vs Last week: +.06 (High .51 / Low -.40) Rating: BUY Demand Factor: 69-
20.
JapanEWJ: -.01 vs Last week: -.07 (High .63 / Low -.43) Rating: SELL Demand Factor: 66+
21.
BelgiumEWK: +.18 vs Last week: +.11 (High .60 / Low -.40) Rating: BUY Demand Factor: 94-
22.
SwitzerlandEWL: -.01 vs Last week: +.06 (High .64 / Low -.49) Rating: SELL- Demand Factor: 79-
23.
MalaysiaEWM: +.19 vs Last week: +.13 (High .39 / Low -.21) Rating: SELL- Demand Factor: 97-
24.
NetherlandsEWN: -.08 vs Last week: -.04 (High .61 / Low -.30) Rating: SELL Demand Factor: 82-
25.
AustriaEWO: -.03 vs Last week: +.21 (High .49 / Low -.30) Rating: SELL Demand Factor: 47-
26.
SpainEWP: +.18 vs Last week: +.41 (High .75 / Low -.43) Rating: BUY Demand Factor: 79-
27.
FranceEWQ: +.16 vs Last week: +.30 (High .56 / Low -.43) Rating: BUY Demand Factor: 99+
28.
SingaporeEWS: -.02 vs Last week: +.08 (High .45 / Low -.21) Rating: SELL- Demand Factor: 86-
29.
TaiwanEWT: -.07 vs Last week: +.04 (High .40 / Low -.23) Rating: SELL- Demand Factor: 86-
30.
United KingdomEWU: +.15 vs Last week: +.20 (High .69 / Low -.28) Rating: SELL- Demand Factor: 94/
31.
MexicoEWW: -.53 vs Last week: -.31 (High .72 / Low -.57) Rating: SELL Demand Factor: 9-
32.
South KoreaEWY: -.17 vs Last week: +.07 (High .68 / Low -.53) Rating: SELL- Demand Factor: 86-
33.
BrazilEWZ: -.04 vs Last week: +.52 (High 1.00 / Low -.81) Rating: BUY Demand Factor: 89-
34.
FTSE/Xinhua China 25 IndexFXI: -1.77 vs Last week: -.26 (High 2.91 / Low -2.03) Rating: SELL Demand Factor: 87-
35.
Street TRACKS Gold TrustGLD: +.36 vs Last week: +.71 (High .77 / Low -.61) Rating: BUY Demand Factor: 93-
36.
InternetHHH: -.58 vs Last week: -.46 (High .63 / Low -.75) Rating: SELL Demand Factor: 55-
37.
Internet ArchitectureIAH: -.41 vs Last week: -.41 (High .65 / Low -.60) Rating: SELL Demand Factor: 70/
38.
U.S. Broker-DealersIAI: -.17 vs Last week: +.03 (High .49 / Low -.69) Rating: SELL Demand Factor: 82-
39.
Comex GoldIAU: +.21 vs Last week: +.55 (High .81 / Low -.65) Rating: BUY Demand Factor: 55-
40.
BiotechnologyIBB: -.38 vs Last week: -.35 (High .70 / Low -.62) Rating: SELL Demand Factor: 6-
41.
InterContinental Exchange, Inc.ICE: -.36 vs Last week: +.59 (High 1.81/Low -2.00) Rating: SELL- Demand Factor: 94+
42.
Cohen & Steers Realty MajorsICF: -.48 vs Last week: -.59 (High .98 / Low -.81) Rating: SELL Demand Factor: 69-
43.
UtilitiesIDU: +.12 vs Last week: +.09 (High .78 / Low -.68) Rating: BUY Demand Factor: 21-
44.
S&P Europe 350 IndexIEV: -.08 vs Last week: +.03 (High .84 / Low -.88) Rating: SELL- Demand Factor: 86+
45.
Natural ResourcesIGE: -.11 vs Last week: +.22 (High .88 / Low -.75) Rating: SELL- Demand Factor: 92-
46.
NetworkingIGN: -.28 vs Last week: -.36 (High .48 / Low -.50) Rating: SELL Demand Factor: 1-
47.
SoftwareIGV: -.30 vs Last week: -.00 (High .66 / Low -.60) Rating: SELL Demand Factor: 60-
48.
SemiconductorIGW: -.49 vs Last week: -.15 (High .62 / Low -.75) Rating: SELL Demand Factor: 0-
49.
MS India Investment FundIIF: -.32 vs Last week: -.23 (High .88 / Low -.72) Rating: SELL Demand Factor: 29-
50.
Internet InfrastructureIIH: +.13 vs Last week: +.02 (High .64 / Low -.52) Rating: BUY Demand Factor: 77-
51.
Mid-Cap 400 BlendIJH: -.37 vs Last week: -.13 (High .78 / Low -.54) Rating: SELL Demand Factor: 76-
52.
Mid-Cap 400 GrowthIJK: -.37 vs Last week: +.04 (High .66 / Low -.86) Rating: SELL Demand Factor: 56-
53.
Small-Cap 600IJR: -.263 vs Last week: -.23 (High .83 / Low -.41) Rating: SELL Demand Factor: 81-
54.
S&P Latin America 40 IndexILF: -.65 vs Last week: +.17 (High 2.68 / Low -2.31) Rating: BUY Demand Factor: 85-
55.
International Securities Exchange Holdings, Inc.ISE: +.22 vs Last week: +.13 (High 1.12 / Low -.60) Rating: BUY Demand Factor: 100/
56.
S&P 1500 IndexISI: -.55 vs Last week: -.33 (High .79 / Low -.65) Rating: SELL Demand Factor: 40-
57.
S&P/TOPIX 150 Japan IndexITF: +.15 vs Last week: -.03 (High .92 / Low -.90) Rating: SELL Demand Factor: 94-
58.
Global FinancialIXG: -.19 vs Last week: -.15 (High .79 / Low -.73) Rating: SELL Demand Factor: 80-
59.
Consumer CyclicalIYC: -.35 vs Last week: -.22 (High .78 / Low -.64) Rating: SELL Demand Factor: 81-
60.
EnergyIYE: -.27 vs Last week: -.14 (High .97 / Low -.85) Rating: BUY+ Demand Factor: 80-
61.
Financial ServicesIYG: -.56 vs Last week: -.70 (High .79 / Low -.96) Rating: SELL Demand Factor: 76-
62.
HealthcareIYH: -.04 vs Last week: -.10 (High .54 / Low -.63) Rating: SELL Demand Factor: 93+
63.
IndustrialIYJ: -.44 vs Last week: -.00 (High .52 / Low -.35) Rating: SELL Demand Factor: 57-
64.
Consumer Non-CyclicalIYK: -.25 vs Last week: -.01 (High .58 / Low -.56) Rating: SELL Demand Factor: 71-
65.
Basic MaterialsIYM: -.21 vs Last week: +.15 (High .69 / Low -.61) Rating: SELL- Demand Factor: 75-
66.
Real EstateIYR: -.38 vs Last week: -.45 (High .64 / Low -.67) Rating: SELL Demand Factor: 81-
67.
TransportationIYT: -.40 vs Last week: -.18 (High .80 / Low -.73) Rating: SELL Demand Factor: 25-
68.
U.S. TechnologyIYW: -.25 vs Last week: -.00 (High .54 / Low -.50) Rating: SELL Demand Factor: 54-
69.
U.S. Total Market IndexIYY: -.19 vs Last week: +.06 (High .84 / Low -.72) Rating: SELL Demand Factor: 91-
70.
U.S. TelecommunicationsIYZ: -.29 vs Last week: -.28 (High .43 / Low -.30) Rating: SELL Demand Factor: 64/
71.
ULTRA SHORT MID-CAP 400 POWER SHARESMZZ: +.45 vs Last week: +.10 (High .73 / Low -.82) Rating: BUY Demand Factor: 47+
72.
NYSE Euronext Group, Inc.NYX: -.31 vs Last week: +.35 (High 1.77 / Low -1.30 Rating: SELL- Demand Factor: 89-
73.
NASDAQ Stock Market, Inc.NDAQ: +.06 vs Last week: -.05 (High 1.07/ Low -1.02) Rating: BUY Demand Factor: 65+
74.
Oil ServicesOIH: -.35 vs Last week: -.45 (High 1.70/Low -1.29) Rating: SELL Demand Factor: 80-
75.
PowerShares WilderHill Clean EnergyPBW: -.11 vs Last week: +.04 (High .66 / Low -.33) Rating: SELL- Demand Factor: 63-
76.
PharmaceuticalsPPH: -.00 vs Last week: -.00 (High .80 / Low -.61) Rating: SELL Demand Factor: 65-
77.
PowerShares Dynamic OTCPWO: -.29 vs Last week: -.10 (High .51 / Low -.54) Rating: SELL Demand Factor: 68-
78.
ULTRA SHORT QQQ POWER SHARESQID: +.30 vs Last week: +.07 (High .59 / Low -.73) Rating: BUY Demand Factor: 31+
79.
ULTRA QQQ PROSHARESQLD: -.99 vs Last week: -.56 (High 1.14 / Low -1.05) Rating: SELL Demand Factor: 49-
80.
Regional BanksRKH: -.48 vs Last week: -.73 (High .95 / Low -1.02) Rating: SELL Demand Factor: 19-
81.
MS Eastern Europe FundRNE: -.01 vs Last week: +.12 (High .55 / Low -.63) Rating: SELL- Demand Factor: 77+
82.
RetailRTH: -.22 vs Last week: -.47 (High .60 / Low -.66) Rating: SELL Demand Factor: 37-
83.
DJ Wilshire REITRWR: -.38 vs Last week: -.40 (High .78 / Low -.67) Rating: SELL Demand Factor: 89-
84.
ULTRA SHORT S&P 500 Power SharesSDS: +.30 vs Last week: +.19 (High .64 / Low: -.69) Rating: BUY Demand Factor: 33+
85.
ULTRA SHORT Russell 2000 Value ProSharesSJH: +.32 vs Last week: +.38 (High .63 / Low -.68) Rating: BUY Demand Factor: 9+
86.
Silver TrustSLV: +.47 vs Last week: +.94 (High 1.09 / Low -1.05) Rating: SELL- Demand Factor: 12-
87.
SemiconductorSMH: -.14 vs Last week: -.11 (High .48 / Low -.52) Rating: SELL Demand Factor: 44-
88.
UltraShort Real Estate ProShares (2:1 Leveraged ETF)SRS: +1.04 vs Last week: +1.11 (High 1.23 / Low -.43) Rating: BUY Demand Factor: 41+
89.
SoftwareSWH: -.14 vs Last week: +.03 (High .61 / Low -.43) Rating: SELL- Demand Factor: 30-
90.
Lehman 20+ Treasury Bond FundTLT: +.16 vs Last week: +.24 (High .53 / Low -.49) Rating: BUY Demand Factor: 100+
91.
Telecommunications Holders TrustTTH: -.23 vs Last week: +.04 (High .54 / Low -.31) Rating: SELL- Demand Factor: 78-
92.
UtilitiesUTH: +.22 vs Last week: -.67 (High .95 / Low -1.13) Rating: BUY+ Demand Factor: 90-
93.
WirelessWMH: -.53 vs Last week: -.33 (High .87 / Low -.64) Rating: SELL Demand Factor: 59-
94.
Homebuilders Select SectorXHB: -.41 vs Last week: -.11 (High .69 / Low -.56) Rating: SELL Demand Factor: 1-
95.
Materials Select SectorXLB: -.26 vs Last week: -.05 (High .40 / Low -.41) Rating: SELL- Demand Factor: 25-
96.
Energy Select SectorXLE: -.14 vs Last week: -.09 (High .76 / Low -.55) Rating: SELL- Demand Factor: 70-
97.
Financial Select SectorXLF: -.12 vs Last week: -.05 (High .46 / Low -.43) Rating: SELL Demand Factor: 69-
98. Indu
strial Select SectorXLI: -.19 vs Last week: +.06 (High .46 / Low -.24) Rating: SELL- Demand Factor: 75-
99.
Technology Select SectorXLK: -.26 vs Last week: -.06 (High .51 / Low -.32) Rating: SELL Demand Factor: 1-
100.
Consumer Staples Select SectorXLP: +.07 vs Last week: -.10 (High .59 / Low -.29) Rating: BUY+ Demand Factor: 78-
101.
Healthcare Select SectorXLV: +.13 vs Last week: +.11 (High .57 / Low -.33) Rating: BUY Demand Factor: 95-
102.
Industrial Select SectorXLY: -.32 vs Last week: -.29 (High .44 / Low -.45) Rating: SELL Demand Factor: 3+
103.
Mining & Metals Select SectorXME: -.13 vs Last week: +.01 (High .92 / Low -.78) Rating: BUY Demand Factor: 75-
108 Total Exchange Traded Funds Tracked: (BUY High= 90%) / (BUY Low= (*28%)
Buy 30/Sell 78(28%) vs. Last week: Buy 52/Sell 56(48%) vs. Prior week: Buy 80/Sell 28(74%)DJIA closed: This week: -552.36 / Last week: -211.60 / Prior week: +284.68 )
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Douglas Gale, President, Gale Financial Market Econometrics, Inc.
"Just Suppose For A Moment, You Know What The Exchange Insiders Know!" MktMetrics does.As Advertised on:Schwab CyberTrader, TraderDaily.com, Institutional Investor Magazine and TigerSoft.com
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www.galefinancialmarketeconometrics.blogspot.com/Next Day's Advance Market DecisionsThe three blogs provide: Trading Ideas (11:15pmEST), Stock Market Forecast and Institutional Investor Statistics, and Diamonds (DIA) (8:00amEST) as we track what the Exchange Insiders (Specialists & Market Makers) are currently doing with their inventory.
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