The VRTrader.com VR Silver Newsletter - Monday 11/14/2011
"Tools for the High Performance Trader"
Copyright ©2011, All rights reserved.
Redistribution in any form is strictly prohibited.
LEIBOVIT FILES | by Mark Leibovit
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Leibovit Files
Monday, November 14, 2011
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'Open Mouth Operations' By Bernanke And A Coverup Of Europe's Woes Are Temporarily Buoying The Markets
Coming this week! The Traders Expo - Bally's/Paris - Las Vegas - November 16-19. I will be giving a presentation of the Leibovit VR 'Add-on' indicator (available through Metastock) on Thursday at Ballys.
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Before there was John Kenneth Galbraith or Joe Stiglitz or Nouriel Roubini, or Simon Johnson or Niall Ferguson or Occupy Wall Street- there was one of the Founding Fathers, Thomas Jefferson giving an advance warning of 2008...some 200 years ago. An awesome foreboding it was, too.
"I believe that banking institutions are more dangerous to our liberties than standing armies," Jefferson wrote. " If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around (these banks) will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."
"The issuing power of currency shall be taken from the banks and restored to the people, to whom it properly belongs."
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THE EUROPEAN BAILOUT EXPLAINED (4 minute video):
http://www.xtranorma...ilout-explained
or
http://tinyurl.com/674r43c
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STOCKS - BEAR
Though Bernanke and his predecessors were liars (especially Greenspan) and it is unknown what they are doing or not doing at any particular moment (including opening manipulating the stock market), the Fed has been apparently able to engineer a powerful rally on Wall Street since October 4th. How? By merely using "open mouth" operations, that is to say, strongly hinting to the marketplace about the possibility of unleashing of QE-3, without actually pulling the trigger. Newt Gingrich, at the GOP presidential debate on Nov 9th in Michigan, stated: "Well, first of all, I think Ben Bernanke is a large part of the problem and ought to be fired as rapidly as possible. I think the Fed ought to be audited, and we should have all the decision documents for 2008, '09 and '10 so we can understand who he bailed out, why he bailed them out, who he did not bail out and why he did not bail them out." He's got my vote. I would go further and push for the final abolishment of the Fed - some thing that is long, long overdue.
Getting back to the markets, not to say the rally could not test or slightly exceed the recent highs, for example, 1277 and 1292 in the S&P 500, but it's clear to me we are setting the stage for another washout phase. Though we are currently positioned in an inverse ETF in the S&P 500 and could get stopped out, so long as volume patterns are what they are, I remain on a SELL (BEAR) signal. Are you aware that Europe's banks are leveraged 26 to 1, whereas 9 to 1 is normal? A 4% fall in asset prices will wipe out equity. Debt to equity for corporations is 145% in Portugal, 135% in Italy; 113% in Ireland, Greece 218%, Spain 152% and 89% in the UK. In Germany it is 105% and in France 76%. EU financial problems are endemic not just in the six countries in trouble. Did you watch the video above?
I recognize that positive 'seasonality' between September and next May is a strong offsetting positive as is the 'printing-press' and next year's Presidential election, so that is why we use stops. The weekly S&P 500 SDPR (SPY) chart below (click on the link) was created using the Metastock (http://www.vrplug-in.com/) VR 'Add-On' Indicator. I am awaiting a Positive Leibovit Volume Reversal there - otherwise I feel we're still in a distributive (smart-money is selling) market phase.
http://www.tinyurl.com/6oy8ubg
As I mentioned, I am closely watching the technical action of Copper. Should Copper be able to clear its October 28 top at 3.75 on volume, I think that would go a long way in saying that an intermediate rally in the equity markets is back in gear. If it does not, it presents a clear and present warning for the intermediate market. Ideally both equity markets and Copper break out to the upside together.
Sitting here in Sedona, Arizona this weekend and looking out at the beautiful mist-covered red rocks, it is clear to what is truly important. We need family, a healthy living environment, and we need to protect ourselves from both physically and financially from what is coming down the pike. The last thing you want to do is trust government to do this for you. And, the last thing you want to do is to have all your assets in any one country, especially the U.S. I strongly urge you to do your homework here.
GOLD - BULL
My expectation is that we can see new highs in the physical metal between now and February, 2012. Despite the aggressive gold (and silver) suppression schemes underway (led by the U.S), the free market will prevail as gold moves from the West to the East with China a major player. The big question is whether gold (and silver) will be able to diverge from trading in sympathy with the equity market. Long-term, there is no question this will occur. In the interim, a rally in the Dollar, unfortunately, coincides with a decline in equities and gold at the same time. As you know, I keep harping on the issue of the 'phony' paper market. Futures traders and brokers don't want to talk about this and, most certainly, the CFTC is being derailed from putting the scoundrels in jail who are behind the aforementioned 'suppression' schemes. One reason, perhaps, is that it is our own government that supports these schemes and the CFTC will run into a wall (assuming they are honest). When fir ms such as JP Morgan Chase and HSBC are sued by knowledgeable investors suspecting foul-play, you know where there is something 'rotten in Denmark'. The 'phony' markets I am referring to are, of course, the futures market and the worldwide bullion leasing markets. How long can the US government protect the dollar's value by leasing its gold to bullion dealers who sell it, thereby holding down the gold price? These guys deal in paper not the physical metal. Roughly 1/110th of the gold and silver that trades in these markets actually exists. This is very real and no fantasy. We are now hearing that Germany is trying to locate its gold. It had always been a point of interest that before the euro's introduction, European "authorities" promoted their new currency as having a 15% gold reserve backing. Well, after a decade of massive euro inflation, if Germany can locate its gold, the euro in 2011 may might still have a 2-4% gold reserve behind it. But where are Germany's 3000 ton s of gold? No one seems to know exactly where it is.
Make sure you take delivery of your metal or have it stored in a place that you have ready access to it. Keeping some out of the country you reside is also wise. Also, pay close attention to the gold mining stocks. They are grossly undervalued relative to the metal. I am not saying you should go out this morning and load up the boat, but use corrections as an opportunity to do some fishing - but always emphasize the physical metal in your investment strategy.
BONDS - BEAR
Avoid bonds. They are paper! Avoid all debt instruments. Think physical assets. I am on a SELL signal. Run for cover. If you're trading the long side (and there will be trades), keep your finger on the exit button. I expect to see many sovereign defaults in the years ahead, including a de facto default by the U.S. perhaps coming in the form of delayed repayment or holiday.
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UPCOMING ECONOMIC RELEASES/MARKET EVENTS
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MONDAY NOV 14
4-Week Bill Announcement
11:00 AM ET
3-Month Bill Auction
11:30 AM ET
6-Month Bill Auction
11:30 AM ET
Earnings Reports:
JC Penney, Lowes
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TUESDAY NOV 15
Turnaround Tuesday
James Bullard Speaks
7:30 AM ET
ICSC-Goldman Store Sales
7:45 AM ET
Charles Evans Speaks
8:00 AM ET
October Producer Price Index
8:30 AM ET
October Retail Sales
8:30 AM ET
November Empire State Mfg Survey
8:30 AM ET
Redbook
8:55 AM ET
John Williams Speaks
9:30 AM ET
September Business Inventories
10:00 AM ET
Jeffrey Lacker Speaks
11:15 AM ET
4-Week Bill Auction
11:30 AM ET
52-Week Bill Auction
11:30 AM ET
Richard Fisher Speaks
12:30 PM ET
Earnings Reports:
Agilent Technologies, Dell, Home Depot, TJX Companies, Wal-Mart
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WEDNESDAY NOV 16
MBA Purchase Applications
7:00 AM ET
October Consumer Price Index
8:30 AM ET
Treasury International Capital
9:00 AM ET
October Industrial Production
9:15 AM ET
Housing Market Index
10:00 AM ET
EIA Petroleum Status Report
10:30 AM ET
Jeffrey Lacker Speaks
11:15 AM ET
Eric Rosengren Speaks
12:45 PM ET
Earnings Reports:
Loblaw, Target
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THURSDAY NOV 17
October Housing Starts
8:30 AM ET
Weekly Initial Jobless Claims
8:30 AM ET
Bloomberg Consumer Comfort Index
9:45 AM ET
Philadelphia Fed Survey
10:00 AM ET
E-Commerce Retail Sales
10:00 AM ET
EIA Natural Gas Report
10:30 AM ET
3-Month Bill Announcement
11:00 AM ET
6-Month Bill Announcement
11:00 AM ET
2-Yr Note Announcement
11:00 AM ET
5-Yr Note Announcement
11:00 AM ET
7-Yr Note Announcement
11:00 AM ET
Sandra Pianalto Speaks
12:30 PM ET
10-Yr TIPS Auction
1:00 PM ET
Fed Balance Sheet
4:30 PM ET
Money Supply
4:30 PM ET
Earnings Reports:
Gap Stores
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FRIDAY NOV 18
Options Expiration
Canadian October Consumer Prices
7:00 AM ET
October Leading Economic Indicators
10:00 AM ET
Earnings Reports:
HJ Heinz
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STOCK MARKET SUMMARY:
The stock market finished a wild week with a big rally following a better than expected consumer sentiment report, on news that Italy approved new economic reforms, Greece swore in a new prime minister, and after Disney (this +5.95%) reported strong earnings. The Dow Industrials jumped 259.89 or 2.19% to 12153.68. The S&P rallied 24.16 or 1.95% to 1263.85 and the NASDAQ gained 53.60 or 2.04% to 2678.75.
We saw a move to risk within the market Friday as small caps outperformed (Russell 2000 +2.64%) while defensive sectors lagged behind (XLP +1.06%, XLU +1.43%, and XLV +1.76%). Otherwise, market action was pretty uniform with the remaining six sector rising between 1.91% and 2.52%.
Breadth was decidedly positive, but volume was extremely weak. Of course, Friday was Veterans Day with the bond market, banks, and many government offices closed. Nevertheless, all rallies recently seem to be on low volume while declines see heavy volume, regardless of the reasons why.
It was a crazy week. We saw a day where the market fell 389.24 and a day where it rose 259.89. In the end, though, most indexes finished with modest gains. For the week, the Dow rallied 170.44 or 1.42% and the S&P gained 10.62 or 0.85%, but the NASDAQ did fall 7.40 or 0.28%.
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DOW TRANSPORTS - ACTION ALERT -
Transportation stocks outperformed on Friday as traders moved to risk and this group benefits from the strong economic data and hopes for stability in Europe. The Dow Jones Transportation Average rallied 136.94 or 2.83% to 4977.98.
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GOLD and METALS - ACTION ALERT -
Precious metals rallied on Friday as the Dollar fell and traders return to speculative positions. Gold jumped 30.50 to 1788.50, silver gained 0.63 to 34.66, platinum rose 19 to 1639, palladium was up 9 to 636, and copper rallied 0.0895 to 3.4635.
Clearly, gold continues to trade as a risky asset here and less like the safe-haven investment it most often acts like. Much of this is related to issues of margin requirements. But with Italian and French interest rates down on Friday, customers should have sufficient margin so that they will not have to sell of their gold holdings.
With gold up 1.7 percent Friday and the Dollar down 1.1%, we again saw gold hold very steady. Much of the noise we see in gold prices is really movements in the Dollar rather than in gold itself. (More details in the VR Gold Letter.)
Gold is respected throughout the world for its value and rich history, which has been interwoven into cultures for thousands of years. Coins containing gold appeared around 800 B.C., and the first pure gold coins were struck during the reign of King Croesus of Lydia about 300 years later. Throughout the centuries, people have continued to hold gold for various reasons. Below are eight reasons to own gold today.
Gold should be an important part of a diversified investment portfolio because its price increases in response to events that cause the value of paper investments, such as stocks and bonds, to decline. Although the price of gold can be volatile in the short term, gold has always maintained its value over the long term. Through the years, it has served as a hedge against inflation and the erosion of major currencies, and thus is an investment well worth considering.
Mark Leibovit is currently ranked the #1 U.S. Gold Timer by TIMER DIGEST Magazine. For more details on the metals, sign up for the Leibovit VR Gold Letter atwww.vrgoldletter.com.
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URANIUM - ACTION ALERT
Spot Uranium traded at 52.25 and is slowly giving up recent gains. Uranium has swung from the June 13, 2007 high of 154.95 down to 40.00 and recently backup to 73.00 until the Japanese earthquake. Since then, we're trading between 52.00 and 62.50.
Some low-priced Uranium stocks have been showing some signs of accumulation. We traded URRE and DNN this past week, but cannot say if the current move has any legs at this time.
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BONDS - ACTION ALERT-
Treasuries fell on Friday on very light volume (cash bond market closed for Veterans Day) as money moved into the stock market and following Friday morning's good economic news. The long bond future dropped 28/32 to 140 14/32 on just a tenth of the usual volume.
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CRUDE OIL - ACTION ALERT -
Oil rallied to another new high Friday as traders moved into risky assets while good US economic data and newfound stability in Europe boosted hopes of an economic recovery. Crude oil rose 1.21 to 98.99 and hit a 3 1/2-month high of 99.20.
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US DOLLAR AND CURRENCIES- ACTION ALERT -
The US Dollar Index fell sharply on Friday as the Euro rallied after Italy's Senate passed a new economic reform bill and Greece swore in its new prime minister. The US Dollar Index declined 0.823 to 76.920.
Italy's Senate passed a new economic reform bill, paving the way for the lower house to approve the bill and for Silvio Berlusconi to step down.
Italian interest rates are falling sharply. The 2-year rate declined 0.71% to 5.69% after hitting a high of 7.48% Thursday. The 10-year rate dropped 0.44% to 6.45% after topping out at 7.48% on Wednesday.
Lucas Papademos was sworn in as Greece's new prime minister on Friday.
Greek interest rates continued to rise Friday. The 1-year rate jumped 18.0% to 249.2%, a new record high. The 2-year rate rose 0.8% to 108.9% and the 10-year rate finished unchanged at 28.45%.
In a new poll, 78 percent of Germans said they think the Euro will survive and 56 percent said that Chancellor Angela Merkel was doing a good job handling the debt crisis.
French interest rates fell Friday, a day after they rose sharply on rumors that S&P may cut the nation's bond rating. Standard & Poor's later said that France would keep its AAA-rating. France's 2-year rate declined 0.12% to 1.49% and its 10-year rate dropped 0.08% to 3.39%, but both rates rose 0.27% Thursday, so rates are still up sharply on the rumor that turned out to be false.
The Euro gained 0.99% against the Dollar.
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ECONOMIC NEWS:
Consumer sentiment rose to a five month high according to Thomson Reuters and the University of Michigan. Consumer sentiment rose from 60.9 to 64.2 in November, beating forecasts of a smaller increase to 61.5. Consumer expectations increased from 51.8 to 56.2 while current conditions rose from 75.1 to 76.6. Twenty-seven percent expect unemployment to rise, down from 43 percent just three months ago.
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Canadian TSX, TSX Venture and Canadian Dollar Commentary for our Canadian clients updated for Monday morning, November 14, 2011:
The Canadian market rallied on Friday just like Europe and the US, but gains were smaller as a strong Canadian currency weighed on exporters. The TSX rose 167.98 or 1.39% to 12276.85.
Energy 275.75 3.63 (1.33%)
Financials 166.27 1.41 (0.86%)
Health Care 55.62 1.17 (2.15%)
Industrials 107.18 0.62 (0.58%)
Info Tech 26.96 0.38 (1.43%)
Metals & Mining 1,085.17 24.94 (2.35%)
Telecom 99.79 0.38 (0.38%)
Utilities 224.31 1.47 (0.66%)
Resistance is 12,541, 12,798, 13,000, 13,120, 13,517, 13,901, 14,089, 14,329, 14,715, 15,000, 15,600. Support is 11,913, 11,697, 10,848, 10,700.
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CANADIAN TSX Venture:
The Venture rallied as metal prices moved higher, but a rising loonie reduced the value of those gains. The TSX Venture was up 16.75 or 1.03% to 1641.31.
Resistance: 1675, 1771, 1804, 1814, 1833, 1851, 1954, 2107, 2127, 2254, 2291, 2400, 2465, 2535, 2575. Support: 1571, 1500, 1305.
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THE CANADIAN DOLLAR (using the FXC Exchange Traded Fund):
The Canadian Dollar jumped on Friday as the US Dollar fell and traders moved into more economically sensitive currencies. FXC rallied 0.61 to 98.31
Resistance is 101.10, 101.60, 102.23, 103.08, 105.59, 108.00, 110.00, 113.00. Support is 96.80, 93.20, 92.50 91.82, 91.00, 89.75, 87.50 and 85.18.
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EXCHANGE TRADED FUNDS (ETF) AND CANADIAN LEIBOVIT VOLUME REVERSALS (VRs) FOR FRIDAY, NOVEMBER 11, 2011:
.. CANADIAN STOCKS ... Canadian Stocks
POSITIVE VRs
BAM.A BRROKFIELD ASSET MGT INC.
BMO.UN BANK OF MONTREAL
CS.UN CAPSTONE MINING CO
FTS FORTIS INC
G.UN GOLDCORP
IMG IAMGOLD CORP NPV
MB MEGA BRANDS INC
MPC MADISON PACIFIC PROPE
NA.UN NATIONAL BANK OF CANA
RCI.B ROGERS COMMUNICATNS I CL B
RIM RESEARCH IN MOTION LI
RON.UN RONA INC
SAC SOUTH AMERICAN SILVER
SJR.B SHAW COMMUNICATIONS I CL B
SLF.UN SUNLIFE FINANCIAL SERTVICES
TCK.B TECK COMINCO LIMITED CL B
THI.UN TIM HORTON'S
THR THUNDERMIN RESOURCES
NEGATIVE VRs
IE IVANHOE ENERGY INC.
KAT KATANGA MINING LIMITE
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ETFs
POSITIVE VRs
FINANCIAL SERVICES Closed End Fund - Debt
AVK Advent Claymore Cv Sec&incm Fd
BDJ BlackRock Enhanced Dividend Ac
BHD Blackrock Strategic Bond Trust
BLW Blackrock Ltd Duration Incm Tr
BSE Blackrock Ny Ins Muni Inc Trus
BTF Boulder Total Return Fd
BWZ Spdr Barclays Capital Shrt Tm
CXH Colonial Inv Grade Mun
DNY The Denali Fund Inc
EVV Eaton Vance Ltd Duration Inc F
FPX First Trust IPOX-100 Index Fun
FRA Floating Rate Inc Strat Fd
FRB Floating Rate Income Str FD II
GAB Gabelli Equity Trust Inc
GCF Global Income & Currency Fund
GDF Sal Brothers Global Partners
GGT Gabelli Global Multi-Med
GLJ iShares 10+ Year Government/Cr
HAV Helios Advantage Income Fd Inc
HHY Helios High Yield Fund
HSA Helios Strategic Income Fd Inc
IIM Morgan Stanley Insured Muni Tr
JFP Nuveen Tax-Advantaged Floating
JRO Nuveen Floating Rate Incm Oppt
KTF Scudder Muni Income Trust
MAB Eaton Vance Insured Ma Muni Bd
MFD MacQuarie/First Tr Global
MQT Muniyield Quality Fd Ii
MQY Muniyield Quality Fund
NCU Nuveen Ca Premium Imf
NKX Nuveen Ins Ca Tax-free Adv Mun
NNJ Nuveen Nj Premium Imf
NNY Nuveen Ny Muni Value Fd
NPF Nuveen Premier Mun Inc
NPP Nuveen Perf Plus Muni Fd
NQJ Nuveen Nj Invest Qual Mf
NQU Nuveen Quality Imf
NSL Nuveen Senior Income Fd
NVN Nuveen Ny Sel Qual Mf
NXE Nuveen Az Div Adv Muni Fd 3
NXM Nuveen Pa Div Adv Fd
NXQ Nuveen Sel Tax-Free 2
PCA Putnam Ca Inv Grd Mun Tr
PCY Emerging Mkt Soverign Debt
PHD Pioneer Floating Rate Tr
PSY Preferred Income Strategies Fd
PWO Powershares Dynamic Otc Port
QQEW First Trust Nasdaq 100 Equal W
QTEC First Trust Nasdaq 100 Technol
SCD Salomon Br Cap Incm Fd Inc
SLA American Select Prtfolio
TINY Harris & Harris Group
UJB ProShares Ultra High Yield
VLT Van Kampen Mer Cap Hitii
ZF Zweig Fund Inc
FINANCIAL SERVICES Closed End Fund - Equity
ADRD BLDRS Developed Markets 100 AD
ADRE BLDRS Emerging Markets 50 ADR
AGOL ETFS Asian Gold Trust
ASG Liberty All-Star Growth
AXHE iShares MSCI ACWI US Health Ca
BBH Biotech HOLDRS ETF
BDH Broadband HOLDRS ETF
BIB ProShares Ultra Nasdaq Biotech
BQY BlackRock S&P Quality Rankings
CLM Cornerstone Strategic Value
COPX Global X Copper Miners Etf
CRBA Jefferies TR/J CRB Gbl Agri Eq
CSD Claymore Clear Spinoff ETF
CSLS Credit Suisse Long/Short Liqui
CUPM iPath Copper ETN
CUT Claymore/Clear Global Timber I
DBP PowerShares DB Precious Metals
DCA Div Cap Rlty Inc Alloc Fd
DGL PowerShares DB Gold Fund
DGS WisdomTree Emerging Markets Sm
DJCI UBS Dow Jones-UBS Commodity In
DJP iPath Dow Jones-AIG Commodity
DON WisdomTree MidCap Dividend Fun
DRN Direxion Daily Real Estate Bul
DTD WisdomTree Total Dividend Fund
DTUS iPath US Treasury 2 Year Bear
DVF Diversified Incm Strat Port
ECH iShares MSCI Chile Index Fund
ECON Emerging Global Shares DJ Emer
EEN Claymore Robeco Developed Intl
EES WisdomTree Smallcap Earnings F
ELR SPDR DJ Wilshire Large Cap ETF
EQS Equus Ii Inc
EVX Market Vectors Environmental S
EWRI Rydex Russell 1000 Equal Weigh
EWRS Rydex Russell 2000 Equal Weigh
EXI iShares S&P Global Industrials
FAB First Trust Multi Cap Value Al
FAD First Trust Multi Cap Growth A
FCD Focus Morningstar Consumer Def
FDV First Trust DB Strategic Value
FFL Focus Morningstar Financial Se
FFR First Trust FTSE EPRA/NAREIT G
FISN Global X Fishing Industry ETF
FLG Focus Morningstar Large Cap In
FLM First Trust ISE Global Enginee
FMM Focus Morningstar Mid Cap Inde
FNI First Trust ISE ChIndia Index
FOIL iPath Pure Beta Aluminum ETN
FSE FactorShares 2x S&P500 Bull/TB
FTQ Focus Morningstar Technology I
FXL First Trust Technology AlphaDe
GCE Claymore CEF GS Connect ETN
GLO Clough Global Opportunities Fu
GMF SPDR S&P Emerging Asia Pacific
GRES IQ ARB Global Resources ETF
GRX Gabelli H&W TR
GSP iPath S&P GSCI Total Return In
GTU Central Gold Tr Ord
GWF Wells Fargo Cap VIII
HAO Claymore/Alphashrs 2 Sm Cap
HHH Internet HOLDRS ETF
IAH Internet Architecture HOLDRS E
IBB iShares Nasdaq Biotechnology
ICN Wisdom Tree Dreyfus Indian Rup
IDE ING Infrastructure Industrials
IGM iShares Technolology
IGS ProShares Short Investment Gra
IGV iShares Goldman Sachs Software
IIH Internet Infrastructure HOLDRS
IJH iShares S&P MidCap 400 Index F
IJK iShares S&P MidCap 400/Barra G
IPW SPDR S&P International Energy
IRV SPDR S&P International Materia
IRY SPDR S&P International Health
ITF iShares S&P/TOPIX 150 Index Fu
IVOV Vanguard S&P Mid-Cap 400 Value
IVW iShares S&P 500/Barra Growth I
IWO iShares Russell 2000 Growth
IWY iShares Russell Top 200 Growth
IYM iShares Dow Jones US Basic Mat
IYY Ishares Dj Us Total Mkt Indx
JKH IShares Morningstar Mid Growth
JKL IShares Morningstar Sm Value
KRE KBW Reg Banking ETF
LCM Advent/Claymore Enhanced Growt
LGI Lazard Global Total Return
LVOL Russell 1000 Low Beta
MDY SPDRs S&P Mid Cap Trust
MDYG SPDR S&P 400 Mid Cap Growth ET
MDYV SPDR S&P 400 Mid Cap Value ETF
MES Market Vectors Gulf States ETF
MKH Mer Lynch Market 2000+ Holdrs
MSP Madison Strategic Sector Premi
MWJ Direxion Mid Cap Bull 3X Share
MXI iShares S&P Global Materials S
NFO Claymore Sabrient Insider ETF
NIE Nicholas-Applegate Equity & Co
NLR Market Vectors Nuclear Energy
NY Ishares Tr Nyse 100 Index Fd
ONEF One Fund ETF
OTR Claymore Ocean Tomo Growth Ind
PALL ETFS Physical Palladium Shares
PBD PowerShares Global Clean Energ
PBJ PowerShares Dynamic Food & Bev
PBP PowerShares S&P 500 BuyWrite P
PBS PowerShares Dynamic Media Port
PDN Powershrs Ftse Rafi Dev Sm Mid
PGJ Powershares Halter Usx China
PHO Powershares Water
PIC PowerShares Dynamic Insurance
PIV PowerShares Value Line Timelin
PKN PowerShares Global Nuclear Ene
PKW PowerShares Buyback Achievers
PLTM First Trust ISE Global Platinu
PRFZ PowerShares FTSE RAFI US 1500
PSCD Powershs S&P Scap Consmr Discr
PSCF Powershs S&P Scap Finls Ptf
PSCH Powershs S&P Scap Hlcre Ptf
PSCU Powershs S&P Scap Utils Ptf
PSJ PowerShares Dynamic Software P
PSLV Sprott Physical Silver Trust
PUW PowerShares Wilderhill Progres
PWND PowerShares Global Wind Energy
PXE PowerShares Dynamic Energy Exp
PXI PowerShares Dynamic Energy Sec
PXJ PowerShares Dynamic Oil Servic
PXSC PowerShares Dynamic Small Cap
PXSG PowerShares Dynamic Small Cap
PYH PowerShares Value Line Industr
PZD PowerShares Cleantech Portfoli
PZI PowerShares Zacks Micro Cap Po
QAI IQ Hedge Multi-Strategy Tracke
QQQX Nasdaq Premium Incom
RETL Direxion Daily Retail Bull 2x
RFG Rydex S&P Midcap 400 Pure Grow
RHS Rydex S&P Equal Wt Cons Stap
RJZ ELEMENTS Linked to the Rogers
RPV Rydex S&P 500 Pure Value ETF
RTH Retail Holdrs Trust
RVT Royce Value Trust Inc
RWW RevenueShares Financials Secto
RYE Rydex S&P Equal Wt Energy Etf
RYJ Clamore/Raymond James SB-1 Equ
RYT Rydex S&P Equal Wt Tech Etf
RZG Rydex S&P Smallcap 600 Pure Gr
SAA ProShares Ultra Small Cap 600
SCHA Schwab US Small-Cap ETF
SCHH Schwab U.S. REIT ETF
SGOL ETFS Gold Trust
SLX Market Vectors Steel ETF
SMH Semiconductor Hldrs Tr
SOXL Direxion Daily Semicon Bull 3X
SPYG SPDR S&P 500 Growth ETF
SWH Software Hlders Trust
TAO Claymore/AlphaShares China Rea
TDN TDAX Independence 2030 Exchang
TDV TDAX Independence 2040 Exchang
TOK iShares MSCI Kokusai Index Fun
TTO Tortoise Capital Resources Cor
TYH Technology Bull 3X
UBG E-Tracs UBS Blmbrg CMCI Gold
UGE ProShares Ultra Consumer Goods
UKK ProShares Ultra Russell 2000 G
UKW ProShares Ultra Russell Midcap
URA Global X Uranium ETF
USD ProShares Ultra Semiconductors
UTF Cohen & Steers Select Util Fd
UWC ProShares Ultra Russell 3000 E
VB Vanguard Small Cap Vipers
VCR Consumer Discretionary Vipers
VONV Vanguard Russell 1000 Value ET
VPL Vanguard Pacific Vipers
VROM Global X Auto ETF
VTHR Vanguard Russell 3000 ETF
VTWG Vanguard Russell Growth ETF
WCAT Jefferies | TR/J CRB Wildcatte
WIP SPDR DB International Governme
WOOD iShares S&P Global Timber &For
WSTE Global X Waste Management ETF
XHE SPDR S&P Health Care Equipment
XME SPDR S&P Metals & Mining ETF
XOIL Global X Oil Equities ETF
XPH SPDR S&P Pharmaceuticals ETF
XRO Claymore Zacks Sector Rot ETF
XRT Retail
FINANCIAL SERVICES Closed End Fund - Foreign
APF Morgan Stan Asia-Pac Fd Inc
ASA Asa Ltd
BRIL Direxion Bric Bull 2X Shares
CHIM Global X China Materials ETF
CHIX Global X China Financials ETF
DBEF db-X MSCI EAFE Curr-Hedged Equ
DLS WisdomTree International Small
EDD Morgan Stanley Emerging Market
EF Europe Fund Inc
EIRL Ishares Msci Ireland Capped In
ENZL iShares MSCI New Zealand Inves
EPOL Ishares Msci Poland Investable
ETF Emerging Markt Telecm Fd
EWEM Rydex MSCI Emerging Markets Eq
EWX SPDR S&P Emerging Markets Smal
FEM First Trust Emerging Markets
FLN First Trust Latin America Alph
FXB Rydex CurrencyShares British P
FXC Rydex CurrencyShares Canadian
INDL Direxion Daily India Bull 2X S
ISL First Israel Fund Inc
MEXS Global X Mexico Small-Cap ETF
MXE Mexico Equity & Income
SCHC Schwab International Small-Cap
SCIF Market Vectors India Small-Cap
SCIN EGA Emerging Global Shares Tru
SGL Strategic Clobal Income Fd
TWN Taiwan Fund Inc
UMX ProShares Ultra MSCI Mexico In
UXJ Proshares Ultra Msci Pac Ex-Jp
NEGATIVE VRs
FINANCIAL SERVICES Closed End Fund - Debt
AKP Alliance Ca Muni Incm Fd Inc
BHK Blackrock Core Bond Trust
BHV Blackrock Va Muni Bond Trust
BJZ BlackRock California Municipal
BSP American Strat Inc Pt 2
EVJ Eaton Vance Nj Muni Incm
EVP Eaton Vance Pa Muni Incm
FFC F & C Claymore Pref Sec Inc Fd
HYMB SPDR Nuveen S&P High Yield Mun
MHF Municipal High Income Fd
MUAD iShares 2015 S&P AMT-Free Muni
MUAF iShares 2017 S&P AMT-Free Muni
MUC Munihldgs Ca Insured Ii
MYN Muniyield Ny Insured Fd
NII Nuveen Nc Div Adv Muni Fd 3
NRB Nuveen Nc Div Adv Fd
NVY Nuveen Pa Dividend
NZH Nuveen Ca Div Adv Muni Fd
NZR Nuveen Md Div Adv Muni Fd 2
PHF Pacholder High Yield Fnd
PMM Putnam Managed Mun In Tr
PMO Putnam Mun Opp Trust
SCPB SPDR Barclays Capital Short Te
TRSY PIMCO Broad US Treasury Index
FINANCIAL SERVICES Closed End Fund - Equity
AXEN iShares MSCI ACWI US Energy In
BOM PowerShares DB Base Metals Dou
CCA Colonial Ca Insd Muni Fd
COWS Direxion Daily Agri Bears 3X
GFW Aag Holding Company Inc
GWO Elements CS Global Warming ETN
INDZ Direxion Daily India Bear 2X S
JJS iPath Dow Jones-AIG Softs Tota
JPX ProShares UltraShort MSCI Paci
MATS Direxion Daily Basic Materials
MYY ProShares Short MidCap400 ETF
PWZ PowerShares Insured CA Municip
RETS Direxion Daily Retail Bear 2x
RWM ProShares Short Russell 2000 E
SBM Proshares Short Basic Material
SJF ProShares UltraShort Russell 1
SKK ProShares UltraShort Russell 2
SOXS Direxion Daily Semiconductor 3
SSG ProShares UltraShort Semicondu
SZK ProShares UltraShort Consumer
YXI Proshares Short Ftse/Xinhua
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MetaStock has partnered with Mark Leibovit, the award-winning Chief Market Strategist for VR Trader, to bring you his proprietary Volume Reversal system. For the first time ever his trading methodology is now available to the public as a MetaStock Add-on. Mark Leibovit's Volume Reversal toolkit is a collection of Mark Leibovit's time-tested trading methodologies.
http://www.vrplug-in.com/
Try our latest MetaStock Add-on FREE for 30-Days Order online today to get your FREE trial or call 800-472-6083 Promo Code: WebOnlyLeibovit
Subscribing to Metastock and my 'Add-On' is the way to go if you wish to selective check or scan for a more comprehensive list of VRs.
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My book, 'The Trader's Book of Volume' (published by McGraw-Hill) is now available.
Here is the link to Traders Press:
http://www.invest-store.com/vrtrader/
Here is the link to Amazon.com:
http://tinyurl.com/3wms9q2
In conjunction with Trader's Library, come visit the VR BOOKSTORE where you can find Bestsellers, Just Out New Releases, Videos and Bargain Buys covering the gamut of investing in the stock market! Come shop today!
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My 1987 Stock Trader's Almanac was dedicated to THE NEW PROGNOSTICATORS.
Mark Leibovit was one of them. I evidently had insight as Timer Digest named Mark the
"Number One Market Timer for the 10-year period ending in 2007."
For the 10 years ending 2009, he was #2 intermediate Market Timer.
He is also their #1 Gold Market timer for 2011.
This book should be REQUIRED READING for any one who trades.
Yale Hirsch
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Mark Leibovit, From Timer Digest August 8, 2011 issue:"TIMER OF THE YEAR RACE AT JUNE 30 "We congratulate Mark Leibovit of VRTrader.com, the 2011 Mid-Year leader.
Mark Leibovit is also currently ranked #1 Gold Timer for 2011!
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Mark Leibovit may be seen or heard on the following programs or presentations:
Ira Epstein TV - Tuesday or Wednesday (weekly) - November 8 link: http://iraepstein.li...-interview.html
Fox Business News, October 27, 2011 - http://tinyurl.com/3fg4djp
Nightly Business Report (PBS Television) semi-annual interviews. Next appearance April, 2012.
Here is the April 21, 2011 interview: http://tinyurl.com/3hdhdvc
Here is the October 7, 2011 interview: http://tinyurl.com/25tjery
BNN (Business News Network) - Interview on October 21, 2011. http://watch.bnn.ca/#clip553893
Check out my April 28 and July 18 BNN interviews: http://watch.bnn.ca/#clip457978 and http://www.bnn.ca/Ne...old-market.aspx
HERE IS A PHOTO OF JIM ROGERS AND MYSELF AT THE FORBES/MANHATTAN CONFERENCE, November 3, 2011, Ritz Carlton, Monarch Beach, CA.
http://tinyurl.com/3q72fdt
The Traders Expo - Bally's/Paris - Las Vegas - November 16-19.
Michael Campbell 'Money-Talks' September 24 interview (Set drop down choice to 9 am)
http://www.cknw.com/...audiovault.html
MARKET WATCH 11/7/11 QUOTE;
http://tinyurl.com/6r8ggad
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Copyright 2011 VRTrader.com.
Do not duplicate or redistribute in any form.
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New! In conjunction with Trader.s Library, come visit the VR BOOKSTORE where you can find Bestsellers, Just Out New Releases, Videos and Bargain Buys covering the gamut of investing in the stock market! Come shop today!
Click here: http://www.invest-store.com/vrtrader
Suggestions? Comments? on the newsletter service. We would like to hear from each and everyone of our subscribers. Our email is mark.vrtrader@gmail.com.
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DISCLAIMER
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This newsletter is a publication dedicated to the education of stock traders. The newsletter is an information service only. The information provided herein is not to be construed as an offer to buy or sell securities of any kind. The newsletter picks are not to be considered a recommendation of any stock but an information resource to aid the investor in making an informed decision regarding trading in stocks. It is possible at this or some subsequent date, the editors and staff of VRTrader.com may own, buy or sell securities presented. All investors should consult a qualified professional before trading in any security. The information provided has been obtained from sources deemed reliable but is not guaranteed as to accuracy or completeness. VRTrader.com staff makes every effort to provide timely information to its subscribers but cannot guarantee specific delivery times due to factors beyond our control.
Copyright © 2011 VRTrader.com.
Do not duplicate or redistribute in any form.
