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[OEXCHAOS]

Todd Market Forecast for Tuesday February 19, 2013



Available Mon- Friday after 6:00 P.M. Eastern, 3:00 Pacific.



DOW + 54 on 1050 net advances



NASDAQ COMP +22 on 800 net advances



SHORT TERM TREND Bullish



INTERMEDIATE TERM TREND Bullish



And it just keeps on. Today decent economic news from Europe and anticipation of more mergers kept the buyers going.

Let's not forget that the relentless money printing by the Fed is also a basic reason for the push higher. Yes, it will end badly. Debasing the currency always does, but the market only cares about the here and now so we may as well enjoy it.

From a technical analysis standpoint, most indices broke to new highs days ago, the exceptions were the New York Composite and the Dow. Today, those two laggards joined the party. We can see this in the chart below. We have been expecting it because the advance decline line was leading the way.



[chart reserved]



TORONTO EXCHANGE: Toronto gained 124.

S&P\TSX Venture Comp: The Venture Comp was down 14.

GOLD: Gold dropped $5.

BONDS: Bonds were down on Tuesday, but not by a great deal.

THE REST: The dollar was down slightly. Gold, silver, and especially copper were down along with it. Crude oil managed a small gain.



BOTTOM LINE:

Our intermediate term systems are on a buy signal.

System 2 traders are in cash. Stay there on Wednesday. We're a bit frustrated because we like to buy on weakness, but we can't get any weakness.

System 7 traders are in cash. Stay there on Wednesday.

Stock investors We long Intel from 21.61. Stay with it for now.



NEWS AND FUNDAMENTALS:

The Housing Market Index came in at 46, less than the expected 48. On Wednesday we get housing starts, the PPI and the FOMC minutes from the last Fed meeting.

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We’re on a sell for bonds as of January 25.



We’re on a buy for the dollar and a sell for the euro as of February 11.



We’re on a sell for gold as of February 11.



We're on a sell for silver as of February 14.



We're on a buy for crude oil as of November 19.



We’re moving to a sell for copper as of today February 19.



We're on a buy for the Toronto Stock Exchange TSX as of November 21.



We are on a sell for the S&P\TSX Venture Comp. as of Jan. 29.



We are long term bullish for all major world markets, including those of the U.S., Britain, Canada, Germany, France and Japan.







STEPHEN TODD



A SHORT BIOGRAPHY

Editor and publisher of the Todd Market Forecast, a monthly stock market newsletter with an included nightly hotline.



News flash. Timer digest ranked us # 1 in gold timing for the year 2011.



Steve has published articles on the stock market in the following publications: Barron’s, Stock Market Magazine, Futures Magazine, The National Educator, and others.



His stock market commentary is heard on the following stations: CNBC, Bloomberg, Associated Press Radio, Business Radio Network, CKNW in Vancouver, British Columbia, KFWB, Los Angeles and ROBTV in Toronto, Ontario.



RANKED # 1 BY TIMER DIGEST


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Timer Digest of Greenwich, CT monitors and ranks over 100 of the nation’s best known advisory services. If you have heard of an advisor, it is likely that he or she is monitored and ranked by Timer Digest.



Once per year, in January, Timer Digest editor Jim Schmidt gives the rankings for all services monitored for multi year time frames. We were ranked ranked # 1 for the past ten years at the end of 2003, 2004 and 2005. At the end of 2006 we slipped to #3 and at the end of 2007, we were ranked # 5.

Our bond timing was ranked # 1 for 2007 and 2008. Gold timing was ranked #1 for 1997 and #2 for 2006.

For 2010, we were ranked the # 4 long term stock market timer.



TODD MARKET FORECAST

P.O. Box 4131

Crestline, CA 92325-4131



www.toddmarketforecast.com



e mail – toddmarketforecast@charter.net



phone 909 338 - 8354