Greenberg: Is the Silver More Valuable in a Silver Closed-End Fund or a Silver ETF?

Greenberg: Is the Silver More Valuable in a Silver Closed-End Fund or a Silver ETF? at CNBC

Corporate Bonds Looking to Break Through in New Year

Corporate Bonds Looking to Break Through in New Year at CNBC

Let Me Lay a Little Big Picture NDX (NASDAQ 100) Elliott Wave on You

Let Me Lay a Little Big Picture NDX (NASDAQ 100, http://stockcharts.com/freecharts/gallery.html?s=ndx) Elliott Wave on You, see the Yahoo maximum timeframe candlestick chart at http://finance.yahoo.com/q/ta?s=^NDX&t=my&l=off&z=l&q=c&p=&a=w14,fs&c=.

The first NDX plunge after the March 2000 Secular Bull Market Cycle High was probably a Wave 1 Cycle Low in late 2000. Wave 2 up peaked in very late 2000 or very early 2001. Wave 3 Down (and probably Wave A Down of the Secular Bear Market since March 2000) appears to have bottomed in late 2002.

The late 2002 to October 2007 NDX (NASDAQ 100, http://stockcharts.com/freecharts/gallery.html?s=ndx) Cyclical Bull Market is probably Wave 4 and Wave B Up of the Secular Bear Market since March 2000, assuming that the current NDX Major Upcycle since late 2008 doesn't take out the October 2007 Cycle High; if it does, then, this NDX Major Upcycle since late 2008 is Wave 4 and Wave B up (since late 2002) of the Secular Bear Market since March 2000 peaking in rollover mode versus the October 2007 Cycle High.

Either way, it looks like NDX is going to put in a modestly lower or possibly a modestly higher bearish double top with the October 2007 Cycle High, see the Yahoo maximum timeframe candlestick chart at http://finance.yahoo.com/q/ta?s=^NDX&t=my&l=off&z=l&q=c&p=&a=w14,fs&c=. It looks like NDX either entered Wave 5 and Wave C Down of the Secular Bear Market since March 2000 in very late October 2007, or, is about to do so in the relatively near future.

Twitter-Based Hedge Fund Claiming 87.6% Accuracy Set To Launch

Twitter-Based Hedge Fund Claiming 87.6% Accuracy Set To Launch

Why Hardly Anyone Is Selling Shares

Why Hardly Anyone Is Selling Shares at CNBC

VIX is Very Near an Extreme of Complacency

VIX (SPX Volatility Index) is Very Near an Extreme of Complacency, see the second Weekly View chart at http://stockcharts.com/charts/gallery.html?s=vix.

In April 2010, when SPX (S & P 500, http://bit.ly/i0nsT) peaked at 1219.80 on 4-26-10 (SPX recently exceeded that cycle high), then crashed to 1010.91 on 7-1-10, VIX hit an extreme of complacency at 15.23. On Friday 12-17-10 VIX hit an extremely complacent level of 15.46, which is an ominous bearish sign for SPX (S & P 500, http://bit.ly/i0nsT)/the Market.

NDX (NASDAQ 100) Had a Major Volume Spike on Friday 12-17-10

NDX (NASDAQ 100) Had a Major Volume Spike on Friday 12-17-10, see the Daily View candlestick chart (volume bars are at the bottom) at http://stockcharts.com/charts/gallery.html?s=ndx. NDX volume spiked dramatically to 1.1257 billion shares on Friday 12-17-10, which was well above the 60 day EMA at 743.088 million shares, and, is probably a bearish peaking volume spike.

The Long Bond ETF TLT Might Have Finally Bottomed

The Long Bond ETF TLT Might Have Finally Bottomed, see http://stockcharts.com/charts/gallery.html?s=tlt. Since the 107.89 Wave 3 Intermediate Term Cycle High in late August 2010 TLT has done an inverse Elliott Wave 12345 down up down up down pattern, that might have bottomed at 90.47 on 12-15-10. Note the huge volume spike recently, which jives with an important cycle low occurring (volume spike confirms the inverse price spike).

China No Longer Top Holder of US Treasuries

China No Longer Top Holder of US Treasuries at CNBC

Closed-End Gold Fund With Better Tax Treatment A Better Bargain Than ETFs?

Closed-End Gold Fund With Better Tax Treatment A Better Bargain Than ETFs? at Barrons.com

GTU/CEF also pays a very modest 0.10% annual dividend I believe.

The US Dollar Might Have Bottomed Today, the Euro Might Have Peaked

The US Dollar Might Have Bottomed Today (bullish inverse spike on today's candle), the Euro Might Have Peaked (bearish red candle, indicating a close below the open); both bearish for the S & P 500 (SPX, http://stockcharts.com/charts/gallery.html?s=spx)/Market, see the USD at http://stockcharts.com/charts/gallery.html?s=$usd, and, see the Euro at http://stockcharts.com/charts/gallery.html?s=$xeu.

The VIX/Fear Spike From the Flash Crash Probably Led to the Modest SPX Upside Surprise

If it wasn't for the huge VIX (SPX Volatility Index)/fear spike that resulted from the May 5 Flash Crash, see http://finance.yahoo.com/q/ta?s=^GSPC&t=1y&l=off&z=l&q=c&p=&a=fs,p12,fs,w14&c=^vix, SPX's (S & P 500) Major Upcycle (since 3-6-09's 666.79 Major Cycle Low) probably would have peaked on 4-26-10 at 1219.80 instead of probably peaking at 1227.08 on 11-5-10. From VIX's 5-5-10 cycle low at 23.75 it spiked dramatically to 42.15 on 5-7-10, and, peaked at 48.20 on 5-21-10, more than doubling in about two weeks time.

It Looks Like the Financials (DJUSFN) Peaked in April, see the second Weekly View chart at http://stockcharts.com/charts/gallery.html?s=$djusfn, and, it looks like SPX (S & P 500) peaked on 11-5-10 at 1227.08 vs the 1228.74 Fib target (0.618 retrace of the 1576.09 to 666.79 decline), rolling over dramatically vs the 4-26-10 1219.80 cycle high, see the second Weekly View chart at http://stockcharts.com/charts/gallery.html?s=spx.

Fed grows more sour on GDP, jobless rate

Fed grows more sour on GDP, jobless rate at MarketWatch

Pros and Cons of Closed-End Funds at The Wall Street Journal

Pros and Cons of Closed-End Funds at The Wall Street Journal

Kaminsky's Call: 5 Stocks Represent 27 Percent of the S&P Performance

Kaminsky's Call: 5 Stocks Represent 27 Percent of the S&P Performance - at CNBC

Better Than High-Yield Bonds: Corporate Loan Closed-End Funds

Better Than High-Yield Bonds: Corporate Loan Closed-End Funds at Seeking Alpha