Weekend review - technical analysis and related observations on the financial markets

Folks, each weekend we like to review what other analysts are saying about the markets. This weekend holiday preparations are leaving me less time to do much other than simply list a batch of the most helpful or interesting. That's not to say there aren't more out there that we'd add if some more time's available. But you'll do well with these at least!

This weekend's Terry Laundry's T Theory Observations by Terry Laundry at http://www.ttheory.com/

You'll want to check out his charts and audio that go with this:

Update for Sunday December 6 2009. Today I have expanded the 1966 to 2009 basic A-D T chart presentation to include all important Ts detailed in the tutorials in order to answer some reader questions and better put the big picture more clearly into perspective. I had planned to answer some detailed technical questions today but I am postponing them until next week.

As usual look at the first PDF Chart then listen to its Audio Commentary. You should be able to have the chart visible while the audio is playing.

Technical Market Report by Mike Burk at Safe Haven, http://www.safehaven.com/article-15204.htm

Another set of interesting blogs and site articles:

Check out the "Mr Topstep" market commentary and analysis videos at Youtube, they're expecting 1130-1150+ by year end although they tend to focus on daily or short-term setups so that is subject to change. Find them by following at Twitter, http://twitter.com/MrTopStep.

Swing traders may be interested in free access to Carl Swenlin's service for most of December; you can decide if it's helpful. I do think his swing approach works just fine for KI$$ approaches to investing, actually. At http://www.decisionpoint.com/prime/dailycharts/dailymenu.html.

Tim Wood of Cycles News & Views writes about housing this weekend, at both Financial Sense and at Safe Haven. He's showing technical signs of a small downleg into spring 2010. http://www.financialsense.com/Market/wrapup.htm.

Here's the link to Tim Wood's article on Housing at Safe Haven, at http://www.safehaven.com/article-15206.htm

If you read Marty Armstrong's Nov. 26 newletter, you know he projects a real estate low in 2012, then a bounce for a few years, then way, way down into - well, I think it's somwthink like 2033!

Anyway, Tim's article is a good read. And Tim also adds:

I have begun doing free Friday market commentary that is available at www.cyclesman.info/Articles.htm so please begin joining me there. The specifics on Dow theory, my statistics, model expectations, and timing are available through a subscription to Cycles News & Views and the short-term updates. I have gone back to the inception of the Dow Jones Industrial Average in 1896 and identified the common traits associated with all major market tops. Thus, I know with a high degree of probability what this bear market rally top will look like and how to identify it. These details are covered in the monthly research letters as it unfolds. I also provide important turn point analysis using the unique Cycle Turn Indicator on the stock market, the dollar, bonds, gold, silver, oil, gasoline, the XAU and more. A subscription includes access to the monthly issues of Cycles News & Views covering the Dow theory, and very detailed statistical based analysis plus updates 3 times a week.

Daneric's Elliott Wave blog is showing some VIX/SPX charts that would go along with Tony Caldaro's new 1158-1168 target area for the SPX. At http://danericselliottwaves.blogspot.com/.

This weekend's Monday Morning Outlook: Bulls Slow Pace as We Approach End of Year, at Schaeffer's - http://www.schaeffersresearch.com/commentary/observations.aspx?ID=96651:

There was no shortage of drama last week -- fallout from Dubai and Black Friday, and a far better-than-expected unemployment report. The Dow Jones Industrial Average (DJIA) responded by climbing 0.8%. Looking ahead, Todd Salamone, Senior Vice President of Research, examines several technical resistance levels on the S&P 500 Index (SPX) and concludes we might be stuck in a short-term trading range. Next, Senior Quantitative Analyst Rocky White takes a closer look at the implied volatility skew on S&P Depositary Receipts (SPY) exchange-traded fund options, what that might tell us about hedge fund activity, and why that might signal a short-term pause in the market's bullish trajectory. Finally, we wrap up with a look at some key economic and earnings reports slated for release this week.

Last for now but NOT least, at Bill Luby's VIX and More: New Dr. Brett Series on Lessons for Developing Traders - a blog post about this, by Bill Luby, at his http://vixandmore.blogspot.com/2009/12/new-dr-brett-series-on-lessons-for.html
This is a MUST READ. Consider it the best holiday gift you can give to (and invest in) yourself!