Todd Market Forecast for Wednesday June 19, 2013  

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

DOW                                                      - 206  on 2000 net declines

NASDAQ COMP                                 - 39 on 1000 net declines

SHORT TERM TREND                       Bullish 

INTERMEDIATE TERM TREND       Bearish  

CHART: We report the single day reading of the Composite Gauge on this hotline. When it is 15 or above, the next day or two tends to be higher. That's one of the elements of our system 2 signal which did give us a buy today. 

TORONTO EXCHANGE:    Toronto was down 99.                

S&P\TSX Venture Comp: The Venture Comp was lower by 64.                                                

BONDS: Bonds were hit pretty good.                                               

THE REST: The dollar surged up. Silver, copper and crude oil were lower.         

 Our intermediate term systems are on a sell signal as of June 4, 2013. 

System 2 traders    We had another signal. ddddddddddddddddddddddddddddddddddddd

System 7 traders   We are in cash. Stay there on Thursday.                      

Stock investors We are long Intel from 21.61 with a stop at 22.50.     

We've discussed the FOMC. On Thursday we get initial claims, PMI Mfg. Ind. Flash, existing home sales and the Philadelphia Fed Survey.   

------------------------------------------------------------------------------------  

INDICATOR PARAMETERS

     Monetary conditions (+2 means the Fed is actively dropping rates; +1 means a bias toward easing. 0 means neutral, -1 means a bias toward tightening, -2 means actively raising rates). RSI (30 or below is oversold, 80 or above is overbought). McClellan Oscillator ( minus 100 is oversold. Plus 100 is overbought). Composite Gauge (5 or below is negative, 13 or above is positive). Composite Gauge five day m.a. (8.0 or below is overbought. 13.0 or above is oversold). CBOE Put Call Ratio ( Below .80 is a negative. Above 1.00 is a positive). Volatility Index, VIX (low teens bearish, high twenties bullish), VIX % single day change. + 5 or greater bullish. -5 or less, bearish. VIX % change 5 day m.a. +3.0 or above bullish, -3.0 or below, bearish. Advances minus declines three day m.a.( +500 is bearish. – 500 is bullish). Supply Demand 5 day m.a. (.45 or below is a positive. .80 or above is a negative).

      No guarantees are made. Traders can and do lose money. The publisher may take positions in recommended securities. 

RANKED # 1 BY TIMER DIGEST

   Timer Digest of Greenwich, CT monitors and ranks over 100 of the nation's best known stock market advisory services.           

   Once per year in January, Timer Digest publishes the rankings of all services monitored for multiple time frames.

   For the years 2003, 2004 and 2005, The Todd Market Forecast was rated # 1 for the preceding ten years. For the year 2006, we slipped to # 3 and in 2007, we were ranked # 5.

      Our bond timing was rated # 1 for the years 1997, 2007 and 2008. 

       Gold timing was rated # 1 for 1997 and # 2 for 2006. Late word! We were rated # 1 for 2011.

       We were # 1 in long term stock market timing for the years 1998 and 2004 and # 4 in 2010. 

   To subscribe go to Contact Us.

The U.S. military sees it as the key to future victories.

NASA thinks it's the key to reducing space exploration costs.

And universities in several states believe it could end the suffering caused by the world's most terrible diseases.

Boeing's bought one. So has Rolls-Royce. And every new company that buys one drives another nail into the Chinese manufacturing coffin.

It's a homegrown technology many say could be bigger than the Internet.

Business Insider is convinced it's the next "trillion-dollar industry"...

It's rare that a truly new technology comes along, promising to revolutionise the world. Just as the printing press and spinning jenny empowered cottage industries with the ability to spread knowledge and manufacture goods, 3D printers promise to enable a next-generation industrial revolution of home-made and customised products.

And not in 25 or 50 years' time...

This is happening now.

The industry — and the stocks behind it — will literally grow thousands of percentage points over the next few years.

When you see it for yourself, you can't help but understand why...

In no time at all, this technology could cause the collapse of millions of Chinese manufacturing jobs and send them back to America.

But it's only going to happen once. And you'll never see anything like it again.

That's why I personally oversaw the creation of sensational new video showing you exactly how it works and how to profit from it.

Call it like you see it,

Nick Hodge
Editor, Early Advantage

All of a sudden volatility has come back. Over the last several weeks we have seen sharp one day selloffs that has sent the media into an absolute frenzy followed by large surges the next day with the media telling you now is the time to jump in. For the average investor it has been more than just a little confusing as to what should be done with portfolios.

It is sometimes very confusing for investors to discern what they should be doing because of the day to day noise from the media. As I stated above; the media attributes whatever is happening during a particular trading session to the news item of the moment – whether it is relevant or not.

This presents a real difficulty for investors to navigate the management of their portfolio - which is why most individuals simply don’t. This is why we encourage you to step back from the day to day “noise” to see the bigger picture. It is much like art – take a look at a very famous work of art below.

When you stand too close to the painting you lose perspective, detail and the connectivity of the overall painting. However, if you step back you see Claude Monet’s “Sunrise.”

This is the primary problem for fundamental investors. The focus on financial ratios, historical comparisons and valuations keeps analysts, and portfolio managers, standing too close to the market. This is why they consistently miss the detail and connectivity of the overall environment.

This is also the same problem that individuals face daily when reading the latest headlines or listening to the financial media. Daily headlines rarely have anything to do with market action in the short term. However, each day, we are inundated with the details of some economic, or corporate, report that is responsible for moving the entire market. Even though this is absolutely not the case; individuals, and professionals, continue to stand too close to the painting and miss the broader detail.

Take a look at the chart below.

.....read the whole 17 page report HERE