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     List of Peerless Automatic Buy and Sell Signals since 1928.

     Previous Hotlines -  11-22-2014 to 2-6-2014
                                  http://tigersoftware.com/555HL555/index.htm 10/9/2014 - 11/21/2014
                                  http://tigersoftware.com/9933Hot/  9/2/2014   - 10/8/2014-
                                  http://tigersoftware.com/2233HL/index.html    6/25/2013-9/1/2014
                                  http://tigersoftware.com/112211-H/index.htm 11/22/2013-3/20/2014
                                  http://tigersoft.com/1111-HL/index.html       10/22/2013-11/21/2013
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             A Guide To Profitably Using The Tiger Nightly HOTLINE

              Peerless Signals: 1915-2013     
           New   Peerless Signals and DJI Charts  - version 7/4/2013
           1965  1965-6    1966   1966-7    1967    1967-8    1968   1968-9   1969       1969-70   1970    1970-1 1971
               1971-2  1972  1972-3     1973   1973-4   1974      1974-5     1975   1975-6      1976    1976-7      1977 1977-1978
              1978  1978-79      1979   1979-80   1980    1980-1   1981    1981-2   1982     1982-1983      1983    1983-1984
              1984  1984-1985 1985 1985-1986     1986  1986-1987  1987    1987-8  1988 1988-9   1989    1989-90
              1990  1990-1  1991   1991-2  1992   1992-3    1993   1993-4   1994   1994-5   1995      1995-1996   1996
              1996-7     1997    1997-8    1998    1998-1999   1999    1999-2000   2000       2000-1   2001   2001-2   2002
              2002-3     2003   2003-4    2004   2004-5      2005   2005-6    2006    2006-7    2007    2007-8    2008    2008-9
              2009       2009-10     2010    2010-11    2011    2011-12      2012      2012-2013

       Background and New Studies 

      ------------------------   Announcements --------------------------------  
                            
                       New E-Books
                                   1  The On-Line Explosive Stocks is finished.
                                      2   The On-Line Killer Short Sales book is also finished, but
                                          will be re-edited this coming week.

                              I call your attention now to the many new concepts and
                              the   considerable new research in them:  For example:
                                   1) A very good New Tiger Buy B12 for Low Priced Stocks (1)
                                   2) After Red high volume reversal days use CP uptrend-breaks.
                                   3) Buy the stocks the Federal Govt wants you to buy.  (1)
                                   4) 100-Day Power Rankings...  (1)
                                   5) Using Closing Power Hooks after Buy B26s and B20s. (1)
                                   6) How A Stock Reacts to Its Earnings Report Is Very important. (1)
                                   7) TigerSoft Major Buy Signals' Combinations
                                           Which are most Powerful? Reliable? (1)
                                   8) Augmented Buy B20s' Independent Success Rate. (1)
                                   9) What factors warn a rising 65-dma will not hold? (2)
                                 10) The classic cluster of  technical characteristics that commonly appear
                                        in the 23 stocks falling 70% or more in the deep pullback of 2011. (2)

                     Purchase each all new book by CC for $42.50 or send a check
                     for $37.50 to me: William Schmidt, 5970 Gullstrand St., San Diego, CA 92122.

                     Introduction to Tiger/Peerless Buys and Sells.
new            Sept 2014 Peerless Buy and Sell Signals
                     Different Types of TigerSoft/Peerless CHARTS, Signals and Indicators
                 Documentation for TigerSoft Automatic and Optimized Signals.
                 How reliable support is the DJI's rising 200-day ma? 
                 SPY Charts since 1994: Advisory Closing Power S7s, Accum. Index, 65-dma, Optimized Signals.
                  "The Jig Is Up": Calling September and October Tops.
                 A Keynesian's Warning Signs.
                 NUGT since 2012: A study of Tiger Technicals
    new        Tiger Day Traders Tool and most active Triple Leveraged ETFs
                 
         Advisory Pink Closing Power S7s at ETF at top since 1994
                              1994   1996  1997  1998  1999      2000 QQQ   SPY
                              DIA     2002    2007     2008     SPY 2011 2013-2014

                 Tiger Buy and Sell Signals: New 2014 Research:
                      These are randomly chosen groups.
                       but clearly we need to back-test them in more years.
                       You can replicate or do similar studies yourself
                       for other signals and/or other years.
                  9/1/2014 - 2014 Tiger B19s - Steady rallying and no pullbacks below the 21-day ma.
                       9/2/2014 - 2014 Tiger B17s on 14As taken alphabetically
                       9/3/2014 - 2014 Tiger B17s on 60 Biotechs taken alphabetically
                 9/4/2014 - 2014 Tiger B18s on all "R" stocks taken alphabetically
*                 9/8/2014 - 2014 Tiger B20s   - Conclusion: Use Closing Power trendbreaks in aftermath.
                 9/8/2014 - 2014 Tiger B16s - Conclusion: Use mostly when LA/MA under 1.05.
                   9/11/2014 - 2014 Tiger B15s - Conclusion: Certain conditions improved the results dramatically.
                 9/12/2014 - 2014 Tiger B25s - Conclusion: 87.5% success rate when other internals are positive.
                 9/15/2014 - 2014 Tiger B25s - Best conditions for using B25s with somewhat higher RSX capitalization stocks.  
                 9/16/2014 -  New Tiger Closing Power Take-Off Buy Signal in 2014:  14s, QQQ, DJI-30 and ETFs
                 9/17/2014 - New Tiger Closing Power Take-Off Buy Signal: 2009A-s
                 9/18/2014 - New Tiger Closing Power Take-Off Buy Signal: 2010A-s
                 9/21/2014 - New Tiger Augmented Sell S8s: DJI-30 - 2014
                                                       Requiring S8s to show Negative CP%-Pr and IP21<+.15 produced a 70% success rate
                                                       in a rising market for DJI-30 stocks and big ETFs.
                 9/24/2014 - Tiger Sell S14s: They make price  breakdowns very bearish.
                1/15/2015 - Tiger Day Traders' Tool Explained.
                                             http://www.tigersoft.com/day-traders/index.html  
                                                           http://www.tigersoft.com/Indicators/index.htm   
                                                           http://www.tigersoftware.com/TigerBlogs/Aug-31-2009/index.html   

  NEW   2/16/2015   
                1) New - Tiger Charts showing UP%, Opening-Up%, Closing-Up% 
                                               Note differences between bullish and bearish stocks...
                        2) New - UP%, Opening-Up%, Closing-Up% Rankings of any directory.
                        3) New - Display of what happens to a stock after various size openings up or down.
                        4) New - 6-month charts to better show volume changes and 5-day ma with bands.
                                      More profitable trading schemes coming...
  NEW   2/18/2015     Targeted Trading Opportunities:The Profits Quickly Add Up, |

                  The New 2014 Peerless.exe Software has now been posted on the Elite Stock Professional Page.
                                               ---> To Previous Hotlines  

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                                    3/19/2015     HOTLINE

                           Operative still is the Peerless Buy B17.    The NYSE A/D Line is rising.   There
                    are many more MAXCP than MINCP stocks, just as there are more new highs than
                    new lows.  Most of the talking heads on TV are bearish.  They continue to worry about
                    excessive spending on social programs and the growing size of the debt, just as they
                    have ever since 1933.  Forget all this.  It's almost Spring - usually a very good time to be in the
                    market and the blossoms of  years of biotech research are appearing everywhere.  Buy
                    more IBB and if you have the courage to chase a stock that could hold the cure for
                    Parkinson's, buy Irish PRTA.  It just announced wonderful results in the reduction of the
                    protien in the brain that seems to grow with the onset of this horrible disease of the aging.
                    See below.

                   Since 1965, the DJI has risen 68% of the time over the month following March 22nd.
                   Its average gain was 1.9% over the next 21 trading days.  I believe these numbers
                   would be much better if we left out the years when there was an on-going bear market,
                   1966, 1970, 1973, 1974, 1977, 1982, 2000, 2001, 2002 and 2008.

An Exciting Time for Biotechs                     See PRTA below and our long term biotechs picks, BLUE, ADRX and KITE, too.                     What if Parkinson's could be treated successfully?  What if the genetic presdisposition                     to sickle cell amemia could be treated?  What if T-Cells could be better adapted to fight                     particular cancers?  This is what is going to be talked about as the coming national                     conferences of researchers and doctors:                             Alzheimer's & Parkinson's Diseases Congress - AD/PD ...  March 18-March 22                             AACR Annual Meeting - American Association for Cancer ...  April 16                             Amer. Assoc. of Clinical Oncology (ASCO) May 28-June 2                     I have already recommended IBB, BLUE, ADXS and KITE.  I think we have to                     jump right into PRTA, too, despite a much higher opening on Friday.                                                               A Cure for Parkinson? Prothena Corp. announced after the bell Thursday that its Phase 1 study of PRX002, a potential treatment of Parkinson's disease, met its primary objective. The study showed that PRX002 leads to mean reduction of free serum alpha-synuclein levels of up to 96%. This is a protein involved in the onset and progression of PD. Alpha-synuclein is a protein found in neurons. With PD patients, it has been determined that this protein can misfold and aggregate to form soluble aggregates and insoluble fibrils that contribute to the worsening of the disease. There is also increasing evidence that disease-causing synuclein can be propagated and transmitted from neuron to neuron, resulting is an infection-like spread of neuronal death.    (Source. ) Nearly 1 million people in the United States are living with Parkinson's disease, and more than 50,000 new cases are diagnosed each year. Most cases occur in those over age 60. All PRX002-related adverse events were mild and no dose-limiting toxicities were seen. Prothena Corporation plc 25 - 28 North Wall Quay Dublin, 1 Ireland - Map Website: http://www.prothena.com   The company has a license, development, and commercialization agreement with F. Hoffmann-La Roche Ltd and Hoffmann-La Roche Inc. to develop and commercialize antibodies that target alpha-synuclein. Top Mutual Fund Holders Holder Shares % Out Value* Reported Fidelity Growth Company Fund 2,051,918 7.50 46,434,904 Jan 31, 2015 Vanguard Specialized-Health Care Fund 1,662,794 6.07 36,465,072 Oct 31, 2014 Price (T.Rowe) Health Sciences Fund 1,632,900 5.96 33,899,004 Dec 31, 2014 Smallcap World Fund 1,263,214 4.61 26,224,322 Dec 31, 2014 Price (T.Rowe) New Horizons Fund 1,055,600 3.86 21,914,256 Dec 31, 2014 SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF 891,961 3.26 20,185,077 Jan 31, 2015 Fidelity Select Portfolios - Biotechnology 600,335 2.19 13,585,581 Jan 31, 2015 Fidelity Series Growth Company Fund 506,728 1.85 11,467,254 Jan 31, 2015 Prudential Jennison Health Sciences Fd 472,125 1.72 10,684,188 Jan 31, 2015 iShares Russell 2000 ETF - IWM 434,813 1.59 9,

=================================================================================
                                            OLDER HOTLINES
=================================================================================

                         3/18/2015   

                        The operative Peerless Buy B17 and the rising trend of the A/D Line
                        correctly led us to expect the Fed and Janet Yellen would announce today
                        that it was not at all certain that the Fed would soon be raising rates.
                        So, the rising market fits nicely with the long positions we had recommended 
                        recently in IWM, FAS and IBB.

                        What was most interesting for me today was how much the DJI jumped
                        from the Fed's dovish announcement.  This should have been widely expected
                        as I have explained.  But between the fifth and the sixth hour of trading the
                        DJI jumped 238 points.  The size of this leap shows just how nervous traders
                        had become about rates going up.  They are nervous because of how dangerous
                        they think the market will become when the Fed does finally start raising rates. 
                        They are correct in this I think, as I explained Tuesday night.  The Fed is
                        must now worry about the "anticipators", too.  They know full well how dangerous
                        the market will become if rates do go up.  Their staff has written many studies
                        of the dangers of prematurely raising rates in a weak economy and when there
                        are so many leveraged derivatives to go short on down-ticks.  So, now, we are
                        left with a market that must now try to go higher or else!

                       The DJI's rising wedge pattern shows this.  See below the resistance line that the
                        DJI faces now at 18375.  This will probably be where the DJI will next
                        reverse down from.  Our long positions, IWM, FAS and IBB, will do fine
                        if the "Yellen Rally" continues.  Buy XOP, as discussed further below.

                        Watch the A/D Line and the P-Indicator. The P-Indicator stands at only
                        +87.   Poor breadth on a 2% rally could bring a Sell S9 up there.  Fortunately,
                        we can not easily get a Sell S12.  The current AI (IP21) is +.122.  It would
                        have to turn negative on a 2% rally.  No Sell S4 is apt to happen.  The IP21
                        is already below its 21-dma.  While the V-I is a negative -89, we can only
                        get an S9V from May to September.



                       
                              Can The Drillers Bring A Gusher in Oil Prices?

                        I think the best action will be in the small caps (IWM), in bank stocks (FAS)
                        and biotechs (IBB).  The rebound today in Oil stocks looks interesting, too.
                        Crude Oil's ETF still shows lots of overhead resistance and a negative
                        Accumulation Index.  But the Oil Drillers' ETF, XOP (below), closed today above
                        its 65-dma on rising volume, has a rising Closing Power and recently
                        had a bulge of Accumulation.  Traders should buy this but watch the
                        Closing Power uptrend.

                                            

=================================================================================
                                            OLDER HOTLINES
=================================================================================

                       3/17/2015     

                       The operative Peerless Buy B1 still stands.   However, if the unexpected
                       were to happen and the DJI were to fall below 17500, I would think it will
                       then have to test 17000.  My expectation is that the FED will again equivocate
                       tomorrow about how soon it may decide to raise interest rates. 

                       Wall Street mostly believes as I do that the FED needs to see some real signs of
                       inflation to justify raising rates despite the loud complaints of some of the
                       super rich who always tell us inflation is right around the corner.  The
                       strongest ETFs, IWM, FAS and IBB should rise even more if the FED
                       continues not to say a rate hike is coming soon and certain. 

                       But, if the FED does issue a "hawkish" statement tomorrow or Thursday,
                       sell short Gold, Silver, the EURO and the Yen.  What can hold them up?  

                                                Bullish IWM and IBB         



.

                                           WHAT INFLATION?

                       Commodities are in a steady down trend while Crude Oil, Gold and Silver
                       are on the verge of decisive new breakdowns.  Coal  and Natural Gas have
                       literally been decimated in the last year. 

                                                      Surely, The FED Knows...

                       Surely, the Fed knows that targeting the stock market's bubble and raising
                       rates when the economy is still weak or weakening would mean that they would
                       be doing exactly what the FED did in the Summers of 1929 and 1937, both eras
                       like now placed no restriction on "bear raids" and selling short on
                       down ticks.  And just like in 1929, we have a laissez-faire Congress.  No big new
                       Public Works program for a fiscal stimulus is possible.  I also think that we should
                       compare the leveraged ETFs now with the very low margin requirements of 1929.
                       The FED has been told by its staff that all the leveraged short ETFs are a
                       "ticking bomb" that could trigger a very steep decline that would quickly feed
                       on itself.  But they are afraid to challenge Wall Street.  They are Wall Street.
                       So, it is precisely because they do understand these dangers that
                       they are so reluctant to tolerate even a 10% decline.  It is no accident that
                       we have not had a 10% correcion since October 2011.


                      
                      How much stronger do they want the Dollar to be versus the Euro?  They
                       represent big international bankers who surely do not want this.  
                              

====================================================================================
                                                        OLDER HOTLINES
====================================================================================
                      3/16/2015    The operative Peerless Buy B17, the rising Closing Powers
                      and the DJI's mostly destroyed head/shoulders pattern should hold the market
                      up while we find out what the Fed means by saying we should be "patient". 

                      Biotechs, semi-conductors and bank stocks all did well again.  IWM, the
                      Russell-2000 ETF, was held back somewhat by today's mediocre breadth, in the
                      sense that when the DJI rises more than 1.2% normally we see the ratio of
                      advances to declines which are much better than today's 1.81 ratio. I would think
                      we will pullback again.  Such rebounds with advance/decline ratios below 3.0 are apt to
                     stall out.  Such a notion is supported by today's rebound volume on most of the
                      key ETFs (shown below) being Friday's volume when prices fell. 

===================================================================================
                                          OLDER HOTLINES
===================================================================================
                    3/13/2015     Watch Crude Oil To See If It Can
              Hold above Its Support.  A DJI Decline below 17600
              Will Probably Bring a Fall to 17000.  Biotechs
              Remain The Favored Sector.
                         



                      The Peerless Buy B17, the rising NYSE A/D Line and still positive
                     Accumulation still give us hope that that the DJI can reverse its downward
                     slant.   But now the DJI has formed a potential head and shoulders pattern
                     and all three of SPY's moving averages are falling, the 5-day ma, 21-day ma and
                     65-day ma.  The neckline of the DJI's new head/shoulders pattern at
                     17600 must be viewed as key support.  A closing below that should be
                     considered a judged Sell S10.  Judged S10s have seldom reversed an active
                     Peerless Buy signal, it's true.  But this is a six-year old bull market
                     and head/shoulders patterns are reliable when they appear in the DJIA.

                     Bearishly Both DIA and SPY failed to stay above their falling 5-day ma.
                     Each's (red) down volume bearishly rose.  And each is perched precarously
                     right on their 65-dma.  This is a high inflection point from which they could
                     move quickly and decisively away from.  If the DIA were to break down below
                     its neckline at 17600, the height of its pattern (18200-17600) can be used to
                     estimate how far down it would go to play out its minimum projection.
                     A test of the 17000 support in the DJI would then be likely.

DIA

SPY

                    
                     On the positive side, IWM has made a weekly marginal new high breakout.
                     FAS still shows a rising Closing Power, undoubtedly hoping for a Fed
                     announcement next week that rates will be going up this Summer. 
                     Volatile Semi-conductors also rose Friday.  And Biotechs rose once again.



                      AAPL, probably the most important stock now, is in a short-term downtrend
                     that will continue tomorrow unless the stock jumps nearly 4 points
                     on Monday.  Avoid, QQQ for the present.




                    The danger now seems to be that Crude Oil will break to new lows and the
                     Dollar's rise will accelerate.  Besides hurting XOM and CVX, US
                     manufacturing stocks like CAT and IBM in the DJI got slammed as
                     the Dollar rose.  The rising Dollar should, however, help Wall Street's
                     Big Banks and FAS.



                     Now we must ask how much faster will the decline be if Crude Oil falls to
                     new lows.  This would be its steepest decline in 40+ years.  Presumably,
                     if Crude Oil does breakdown, so will Gold, thereby starting a record fifth year decline. 
                     Those hedge funds that have "doubled-down" on Crude Oil and Gold could
                     certainly have liquidity problems, which would force them to sell other
                     very liquid SP-500 stocks as well, thus producing a deeper slide for DIA and SPY.

                     Biotechs could be immune to such a decline.  In the 20% DJI sell-off in
                     1998, AMGN was not affected at all.   BBH (Biotech Index) did not
                     peak until two months after the DJI did in January 2000 and ten months
                     after the DJI did in 2007.

                     If you are looking for a safe way to play Biotechs, study the statistics below.
                     Compare the gains and paper losses of the Fidelity Biotech (FBIOX)
                     with the most active Biotech ETFs.  I would say that IBB is as safe
                     as FBIOX and brings bigger gains.  Another thing: since 2005,
                     all declines of 20% in IBB and FBIOX have brought excellent subsequent
                     rebounds.   For those who can tolerate a slightly higher risk, FBT is
                     clearly the best performer for the last seven years.

                              4 Biotech Funds: 7.25 Year Performance
                                      12/18/2006 to 3/13/2015
                              ----------------------------------------------------------
                              FBT   1st Trust NYSE ARCA Biotech  +411.5%
                              XBI   S&P Biotech                                  +376.1%   
                              IBB   IShares Nasdaq Biotech               +336.4%
                              FBIOX Fidelity Select Biotech              +295.1% 
 
                 4 Biotech Funds: Depths of Biggest Declines from Tops: 2007-2014
                 -------------------------------------------------------------------------------------------

                                   2007    2008      2009    2010       2011  2012    2013   2014    Avg.
                --------- -----------------------------------------------------------------------------------------------
                FBT           11%       40%     23%    20%     33%    13%    10%   20%     24%
                XBI             9%       35%    22%    20%      27%   15%    13%   29%      24%
                IBB           11%       33%    20%    19%      23%   13%    10%   22%      22%
                FBIOX      11%        31%    17%    22%      21%   12%    10%    25%     22%

 
====================================================================================
                    3/12/2015     

                   The Peerless Buy B17 has apparently over-powered the fears of an
                   early rate hike. DIA and SPY rose enough after the opening to
                   break their Closing Power downtrends.  This "clinches" the Buy B17.
                   TNA, IWM, FAS and Bullish MAXCP biotechs are recommended.



                   IWM and TNA show bullish uptrending Closing Powers and rising
                   5-day mvg.avgs. that cannot easily be reversed.
                  

                   The 10-day ma of NYSE Up-Volume has bullishly broken its downtrend. 
                   Though the ratio of NYSE advancers to decliners today was only 2.7 and
                   did now reach the 4.0 level we have seen in the best turn-arounds after
                   a sell-off since 2009,  I think we can trust the strength seen in IWM, TNA
                   and Biotech MAXCP stocks to let us be long these now. After all, Peerless
                   has not given any Sell, so the intermediate-term trend must still be considered
                   to be UP.  I also liked the way the A/D Line has turned back up from its
                   uptrendline.

                                 The DJI may have trouble running up to a new high
                                 right away.  But the month of March is 3x more likely
                                 in a rising market to bring an advance than a decline.
                                 17857 is the 5-day ma pivot. So, as long as the DJI
                                 does not fall by more than 30 tomorrow, its 5-day ma
                                 will turn up. 


                         Most likely, the FED has let the big bankers know that
                         they will not soon be raising interest rates unless there
                         are clear signs of inflation, something which is not
                         certainly apparent now.  I say this because of how much
                         the big bankers' ETF, FAS, jumped today. Its 5-dma
                         turned up.  Its up-day volume was bullishly above yesterday's
                         up-volume.   And its Closing Power is in a rising trend.
                        Buy FAS, it is up 56% of the time, day to day, for the
                         last year.  
                                      

                                                 
                           Why Is FBIOX  Diversifying More into Smaller Biotechs?

                      I belatedly noticed that Fidelity's Select Biotech Fund has sold all of
                       its Amgen position this year and sold much of its Biogen and GILD
                       shares.   It is diversifying  into a much wider range of smaller biotechs.  
                       See Current Estimated FBIOX Holdings (Sorted by Value).  This is partly
                       because last year the FDA granted 41 approvals.  The approval rate
                       is rising.

                       But Fidelity over the years has favored companies with approved drugs.
                       It is clearly now buying a lot of biotechs that have not had an approved
                       drug. We want to watch for signs of new purchases by them both officially,
                       on their message board and by looking up individual biotechs and seeing
                       which institutions own them.

                       Since its start in 1985, its annualized gain has been about 15%/year.  This
                       is impressive because it includes the terrible years of 1987, 2000-2 and 2008.

------------------------------------------------------------------------------------------------------------------------------------------------------
                                                              OLDER HOTLINES
------------------------------------------------------------------------------------------------------------------------------------------------------
                  3/11/2015     

                  Yesterday's Peerless Buy B17 is based on the DJI falling to the 3% lower
                  band with positive P-I and Accum.Index readings. The Peerless breadth and
                  Accumulation readings on the DJI are not nearly so low as to suggest that we are
                  seeing the start of a major sell-off.  The NYSE A/D Line still has not broken
                  its uptrendline.  But more short-term weakness is likely.


                  This a 6-year old bull market.  So nervous profit-taking must be expected. 
                  I think we need to see the selling pressure come off the market before buying.
                  The 10-day ma of NYSE Down Volume continues to rise.  At the same
                  time, the 10-day ma of NYSE Up Volume continues to falls.  This is bearish.



                  The SPY shows what is ordinarily a reliable bearish head/shoulders (pink) pattern
                  still implying that there is some unexpected negative news still coming. 
                  It's Closing Power is in a downtrend.  Its 5-day ma is falling.  We have not
                  seen an increase in (blue) up-day volume on the upside for three weeks.




                  In going through the hundred or so key charts that I produce each night
                  (and are linked to below), it's clear that most major companies' stocks
                  remain under Professional net selling pressure.  These stocks show falling
                  Closing Power downtrends and falling 5-day mvg.avgs.  I would wait for
                  these CP downtrendlines to be broken before buying. 

                  So, I think we have to wait for the key ETFs Closing Power downtrends to
                  be broken before we can safely employ the Buy B17.  If Crude Oil breaks
                  down here, that could cause another leg down by oil and drilling stocks.
                  This could cause some liquidity problems among hedge funds and they
                  may start to sell other stocks.   Crude's actively traded ETF, UCO, still shows
                  massive (red) distribution and the 6-month chart shows (red) down-day
                  volume which dwarfes blue up-day volume.



                  Meanwhile, many of the leading and high IP21 Biotechs (like BLUE - below)
                  have gone unscathed by the decline.   Skeptics might want to read
                  Fidelity Biotechs' perspective on the industry.  This is published
                  once a quarter.  It's hard to argue with their success.  Eventually,
                  biotechs do go down in a bear market, but they are usually among the last
                  groups to be hit.  As long as their Closing Powers are rising and
                  they show high Accumulation, there is much less risk in them than
                  in stocks that are already below their 65-dma and show lots of
                  red Distribution.



                  In additon, the Russell-1000 stocks, as a group, are holding up quite well. Its
                  3x-leveraged ETF, TNA, could well be the best rebounder among the major ETFs
                  on the next rally.   Its 5-day ma would turn up if it closes above 85.95.  Its
                  minor Closing Power downtrend has been broken and its intermediate-term
                  CP uptrend is intact.   It would be constructive if we saw a small decline
                  on lower (red) volume and then a rally on much higher (blue) volume.
                  would be broken if it can close.


                 
                 
           

===================================================================================
                                                            OLDER HOTLINES
===================================================================================
                  3/10/2015   HOTLINE 

                               New Buy B17 Today.  I would wait for the Closing Power
                               downtrends to be violated before buying.  But the track
                               record of Peerless Buy B17s is quite bullish.

                               There have been 73 completed Buy B17s since 1928.
                               At the time of the next automatic Sell, the average DJI
                               gain on a Buy B17 was 11.3%. None was reversed with
                               a loss. The average paper loss was only 1.1% or
                               2.3% when there was a paper loss.  About half the B17s
                               did not show any paper loss.  Since 1965, only three of
                               the 48 Buy B17s brought a paper loss of more than 2.9%,
                               the largest being 4.8%.  The biggest paper loss in a March B17
                               since 1965 was only 0.4% in four cases.

                               QQQ seems the best of the major ETFs to buy.  Take the 4-day
                               20%+ profit in the leveraged short on junior Golds - GDXJ (see below)
                               but hold the short on Yen.  Buy more BLUE among the
                               strongest biotechs.  (Compare BLUE with VRUS early
                               in its move back in 2011 a year before it was bought out.)

                  Peerless Buy B17 Track record:  The DJI has closed 2.1% below its 21-day
                  ma with both the P-I (+5) and Accum.Index positive (IP21 = .126).
                  This is ample positive divergence to bring us a Buy B17.

                  Having just broken its 65-dma and completed a quick head/shoulders
                  pattern, I would normally think that the DJI will fall to its lower 3% -3.5% band
                  around 17400.  Its failure to reach the top of its price channel (purple) also
                  suggests it will have to test the bottom of the same price channel (green)
                  and possibly the zone of support new 17250.  A deeper declline like this
                  would also allow the DJI's Stochastic (blue) Pct-D-20 to reach oversold
                  territory (<20) and, perhaps, we will see the 10-day ma of Down Volume
                  stop rising.    





                                                                   SPY

                    The natural support for SPY is 200.  It has not reached this yet.
                    Note how all three of the key mvg.avgs that we check are declining.
                    It seems best to wait for its (blue) falling Closing Power downtrend
                    to be broken to buy in again.
                   



                                                                   QQQ

                  I suggest buying QQQ when it Closing Power breaks its downtrend.

====================================================================================
                                                   OLDER HOTLINES
====================================================================================
                  3/9/2015     

                  The Peerless Buy B9 still operates but volume was low on today's reflex-rally
                  and SPY shows a completed head/shoulders pattern.  These patterns on SPY are
                  reliable enough in their own right to keep us cautious now.  See the past
                  examples at http://www.tigersoft.com/Tiger-Blogs/May-5--2010/index.html
                  which I have brought up to date tonight.  This is the market's way to react
                  quickly to bearish news that has not previously been factored in.  What
                  is that news now?  It's something that goes beyond fears of a Summer  rise
                  in interest rates, whatever it is.



                  In addition, all the 5-day mvg.avgs. for the various key general market ETFs are falling and
                  cannot easily turn up.  See the table below.   Hedge with some of the Bearish MINCPs. 



                                                  We Remain Bearish Short-Term

                  The fact that the key ETFs have risen 55% or more of the time day to day
                  for the last year shows they are the favored vehicles now for many funds
                  and traders, too.  As long as their CP% is above 52 and their current Closing
                  Power is above its 21-day ma, I think we have to assume that
                  their intermediate term trends are up.   This means that we will see more new
                  highs in a month or two.  But a test of the DJI's 65-dma is the least
                  decline we can expect now.  If that breaks, we can reckon a downside
                  objective of 17375.   Note that a  5% DJI decline from its recent high to
                  17375 would also be in keeping with past March declines when there was no
                  Peerless sell but the DJI or the SP-500 completed a quick head/shoulders.
                  At the lower band, we will probably get another Peerless Buy signal.

                                         UP%   OP%  CP%    IP21     5-day ma        close        5-day ma       TGR
                                                                            trend      3/9/14      pivot point*   OP/CP 21-dma trend**
                             ------------------------------------------------------------------------------------------------------------
                             DIA  56.6      57.0    59.4    .292          falling        179.8           181.87             DU
                             SPY   56.2      55.0    55.0    .276         falling        208.36          211.12             DU                             
                             QQQ 58.2     57.0     55.8    .356         falling        107.72         108.87              DU
                             IWM 53.8     51.0   52.2    .279           falling        121.7           122.74              DU
                             FAS   58.8      55.0    55.0    .121          falling        123.61         126.39              DU
                             SOXL59.4     57.0    53.8    .259         falling        149.88          153.31              DU
                             TECL59.4     62.0    59.6    .34           falling        149.72          155.88              DU
                             IBB   54.2      56.0    54.2     .250        rising        342.87          337.92               UU
                      
                                      UP% = probability stock rose day to day on any given day in last year (250 days).
                                                  Above 54.9 is intermediate-term bullish. Below 45.1 is bearish.
                                     OP% = probability stock opened up on any given day in last year. 
                                     CP% = probability stock opened up on any given day in last year. 
                                                  Above 54.9 is intermediate-term bullish.  CP%-OP% >+10 is very bullish.  
                                    * what it would take to cause the 5-day ma change direction and turn up.
                                    ** Opening Power trend and Closing Power Trend: U = up, D = down.

                  I would stay long stocks above their Closing Power uptrends, especially
                  biotechs.   I have suggested shorting the Junior Gold/Silver stock ETFs.
                  They are testing their 12-month lows now.  Let's see if they break down.
                  Crude Oil is still above its 65-dma, but many drilling and oil service
                  stocks like APA, BHI and SLB have already broken their 65-dma support
                  and look like they must test their lows of last year, just as GDXJ, NUGT, SSRI
                  and PAAS are now doing.  We remain short FXY, the ETN for the Japanese
                  Yen.

                  Though interest rates jumped a lot on Friday, I have doubts about whether
                  the FED is actually going to raise rates this Summer.  More likely, if the
                  recent past repreats, the market will start to swoon this week and then
                  someone in the FED will make a speech strongly suggesting that they
                  are in no hurry to raise rates.
                      

====================================================================================
                                                     OLDER HOTLINES
====================================================================================
                3/6/2015     NIGHTLY HOTLINE  
                       
                           The Bull Market Is Now Six Years Old.  That should cause us
                           concern.   Let's wait and be patient.  Perhaps March has come in
                           as a bear but will still go out like a renewed bull.  Most March
                           declines without a Peerless Sell signal produce only shallow
                           and two-week declines.  5% declines from the top have occurred
                           when the DJI (or the SP-500 as now) without a Peerless Sell. 
                           A 5% decline here take the DJI to 17375.

                           The 20-year Treasury chart below is pretty scary.  If low interest
                           rates are really over, a lot of bond holders are going to be facing
                           some very difficult times.  Some of that money will go into stocks.
                           And if the economy really is getting stronger, rising stock profits
                           will hold up the stocks we tend to like, those with bullsh
                           positive Accumulation and Closing Power new highs.
                       

                           It has been the FED that has spurred this bull market,  not
                           technological innovations as in the 1920s, 1980s and 1990s.
                           What the FED has given us, they can very swiftly take away.
                           And what if the Congressional Republicans refuse again to pay for the
                           existing Federal Government.  When they did in 2011 the DJI dropped
                           17%.  






                           RED DOWN Volume rose sharply on many Tiger ETF charts.
                           And despite the operative Buy B9, the technicals deteriorated dramatically
                           Friday.     NYSE Down Volume rose more and Up-Volume continued to fall.
                           The DJI's and NASDAQ' Accumulation Indexes' uptrends were also
                           violated.   This is dangerous in an over-extended market and the
                           DJI is not yet in oversold-territory.
              
                                   SPY's Head/Shoulders and Rising Red Down Volume



                           On Friday SPY completed  a quick but bearish head and shooulders.  These
                           patterns usually work to bring bigger than otherwise expected
                           declines.   We must now wait to see if SPY can stay above its rising 65-dma,
                           show good BLUE Up-DAY Volume and have its Closing Power hook back
                           up from this support.



                           The Closing Powers for the key ETFs turned down a long ways on Friday.
                           Most are still above their rising 65-day ma, but most of the CP uptrends have
                           been decisively broken.   And, of course, the 5-day mvg.avgs. of the key
                           ETFs are all falling and cannot easily turn up. This was our most important
                           profit-taking tool last week. 

                                                                   Trading Suggestions

                           I have suggested previously shorting FXY and the GDXJ, the
                           leveraged Junior Gold ETF.   My two favorite longs, BLUE
                           and HSKA should be held, despite the weakened general market,
                           as long as their 5-day mvg.avgs. are rising and their red Down Volume
                           does not eclipse the Blue Volume.



                          

                                                   What's The Fed Going To Do?

                           The DJI has risen 44 months since the DJI has fallen 10% from
                           its highs.  If the FED does raise rates this Summer, I think we will be
                           lucky if there is only a 10% correction.   On the other hand, if they
                           do nothing, they could create an even bigger bubble. 

                           They could raise margin requirements.  But they should have
                           done this two years ago.  Now it's too late.  Back in 1968, they
                           belatedly raised margin requirements.  They also did this in
                           the Spring of 1937.  But this only brought on even bigger declines
                           when the bull markets of those days ended.  And with so many
                           leveraged derivatives, they would look pretty silly these days
                           raising margin requirements.

                           Contrary to most of what I read, I think, the Labor Department's Jobs
                           numbers for February were not so good as to guarantee there will be a
                           rate hike.  Real wage growth is more important than is widely acknowledged
                           in the FED's calculation of how badly real inflation is threatening
                           economic growth.  Real wages hardly rose at all in February.  No threat
                           there.

                           There are three other weighty factors working against a hike.
  
                           1) The FED also must take into account how much more raising interest rates
                           would drive up the Dollar, thereby killing or driving away even more American
                           manufacturing.    

                           2) Raising rates could greatly increase the cost of financing the US Budget
                           Deficit, now $17 trillion.

                           3) The FED undoubtedly knows just how dangerous a premature Fed
                          tightening would be now in an age of computerized trading with leveraged
                          derivatives to short the market.  (Alan Greenspan discovered this in October
                          1987 when computerized options trading dropped the DJI 33% in three weeks
                          after the FED abruptly boosted short-term rates two months earlier.)


                           


====================================================================================
               3/5/2015     NIGHTLY HOTLINE  
             
                                       Bull Market's Sixth Anniversary Coming Up.   

                The Peerless Buy B9 still operates.    Without a Peerless Sell signal or
                 a multi-week head/shoulders top, it is not likely the DJI will fall much below
                its rising  21-day ma.  We do have to watch the DJI's Accumulation Index.
                If it falls below its 21-day ma, it is conceivable that we will get a Sell S4.
               
                Low volatility after a good-sized advance usually turns out to be consolidation
                before more new highs.  I think that's what we are seeing now.  Short-term,
                many traders are awaiting tomorrow's Jobs'  Numbers, though the bad weather
                may have made these less reliable.   Presumably "bad would be good", because
                weaker jobs' numbers are more likely to cause the Fed to delay raising rates. 

                We have taken profits in most of the key ETFs and must now wait for them
                to rise enough to turn their 5-day mvg.avgs back up.   Meanwhile, Biotechs
                are stealing the show!

                        The Biotech Boom and Bubble Just Heated Up Even More.
                
                Many other traders today could not care less about the general market.  They
                were to busy grabbing up their favorite biotechs.  Little wonder - this. 
                Today newly minted AbbVie (est. 2012) outbid JNJ and Pfeizer for Pharmacyclics.
                AABV is paying more than $250 per share for a stock that four years ago could
                have been bought for $5.00.  The Wall Street Journal, Barron's and Forbes all
                joined the celebration.  See their articles below.  Biotechs responded with
                big jumps today.

                The appeal of Biotechs does not just owe to their colossal gains since 2010.
                It is not even due to the way their shareholders keep getting wonderful
                surprises, i.e well-advertised buyouts every few months.  Biotechs
                remain the "hotest" industry by far.  New investors keep coming into this field.
                and the older biotechs holders keep getting more and more money to vote for
                and reinforce their next biotech choices.

                But this is more than a story about wild greed and hyper-speculation.   The rationale
                for this huge jump are compelling to true believers in biology.  They point to
                how the sciences of genetics and microbiology are becoming infinitely more
                advanced, applied and fruitful.  And much of the general Public still has
                not caught on, they say.  So, there's much more investment potential.
                We are seeing, they point out, how an approved drug's breakthrough
                in one treatment area very often now can be used successfully to treat
                patients in still other areas.  Doctors are quickly enlisted to do this,
                even without new FDA approval.

                And to those who do the math the sky is the limit when there are no
                legal limits on how high the prices can be set for new proprietary drugs.
                Some desperate patients world-wide will pay anything.   So, apparently, will
                Medicare and Obamacare - pay whatever the drug companies charge.  And
                the profits' picture is even brighter when one factors in how easily
                drug companies can move their head-quarters overseas to places like Ireland,
                and dramatically reduce their taxes. 

                So, PCYC's 4 year rise of 5000% may just be the beginning, hard as that is to
                believe!   These bullish rationales seemingly apply to all biotechs who have gotten
                or are about to get FDA approval.   Stocks like ALXN, BMRN, CELG, REGN,
                CURE, BLUE and ANAC wouod seem to be the natural targets of those
                super-bulls who apply the logic described above.

                                                    What To Do?

                Our job, it would seem, is to watch like hawks all the biotechs for fresh new
                highs provided (1) their Closing Powers are making new highs,  (2) their current
                Accumulation (IP21) is at least +.25 and (3) their AI/200 positive consistentcy
                is above 147.   As long as we use our trading tools, like Tiger's Closing Power,
                to tell us when a bullish move has finally been reversed, I think that we can
|               get aboard these fast moviug trains and enjoy a favorable risk/reward ratio.
                ANAC, BLUE, IBB, MDVN and HSKA are examples tonight.   

                                                    Reading

                        Biotech Bidding War Yields Rich Price  Wall Street Journal

                       How Much Is One Cancer Drug Worth?   WSJ Blogs

                      The $42 Billion Drug? Why AbbVie May Have Overpaid for Pharmacyclics  Barron's

                      AbbVie’s $21 Billion Purchase of Pharmacyclics Should Pay Off

                      Pharmacyclics, Inc. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

•                                  The Wall Street Journal

                      AbbVie’s Expensive Growth Tonic

                      Robbins Arroyo LLP: Acquisition of Pharmacyclics, Inc. (PCYC) by AbbVie Inc. (ABBV) May Not Be in                         Shareholders' Best Interests

====================================================================================
                                                    OLDER HOTLINES

               3/4/2015



               The Peerless Buy B9 still operates.    Without a Peerless Sell signal or
               a quick head/shoulders top, it is not likely the DJI will fall much below its rising
               21-day ma.  That is the conclusion that I reaching looking back at all
               the Marches in bull markets since 1929.  In these, the DJI was 3x more
               likely to rally in March than to decline.  In the 10 or so cases where it did
               decline, there was a prior Peerless Sell signal in all but 3 cases.  Only
               in one case was there no obvious warning of a decline. 

                             In March 1945, the DJI fell 5.5% from its peak and then
                             resumed its advance.  There was a head/shooulders pattern
                             to warn of a decline. 

                             In March 1951, the DJI fell 5% from its peak and then
                             resumed its advance.  There was a head/shooulders pattern
                             to warn of a decline. 

                             In March 1955, the DJI fell 7% from its peak and then
                             resumed its advance.  There was no head/shooulders pattern.
                             Not so obvious, but definitely a waning sign here was the way
                             the Accum. Index was weakening.  It had already fallen below
                             its 21-day ma.  Our situation now does not show this.



               The NASDAQ remains stronger than the DJI.  But we would have to
               become very concerned if its Accumulation Index were to fall below
               its 21-day ma.  In the 3 previous cases when it did this, the NASDAQ
               declined significantly.


               The 10-day ma of NYSE Down Volume is still rising and nearly all the
               key ETFs are below falling 5-day mvg.averages.  More of a retreat seems
               likely.   But I take the strength in Biotechs as a sign that speculators
               have not turned bearish.  The weakness in the Junior Gold Mining
               shares is actually bullish for the market.  Gold tends to make a good rally
               just before a significant market top.   Municipal bonds do show weakness
               and head and shoulders patterns.  There would seem to be a lot more risk
               than reward for bond holders, but they have been very pleased with their
               coupons for five years.  They will be slow to "jump ship."  Our Index
               of Bonds is still above its rising 65-dma.

=====================================================================================
                                                        OLDER HOTLINES
=====================================================================================

               3/3/2015                 Bull Market's Sixth Anniversary Coming Up.

               The Peerless Buy B9 still operates. 
               (Please note: I do not consider the new Peerless Buy B10 to have much significance
               since the DJI did not make a clear price breakout above recent hypothetical highs. 
               As you can see below, it is still locked in its narrow trading range.)

                                

               The FED has been such a vital part to our long bull market, we must watch
               to see now what happens to interest rates.  Yields (shown below) have reached
               a six-month downtrend.  A breakout by them will almost certainly scare
               bond holders and freighten dividend players.  Swift rises in interest rates have
               often spooked over-extended markets.  (Examples - tomorrow night.)



               The NYSE A/D Line is still rising.  So is the Tiger Accumulation Index. The DJI is
               making new all-time highs and March and April are very bullish months.  So, the
               advance should go higher.  While only a shallow retreat seems likely until Peerless
               gives a Sell signal, let's hold off on new buying until we see the 10-day ma of
               NYSE Down Volume stop rising.  Take profits in the ETFs whose 5-day ma turns
               down.   After all, the NASDAQ  has stalled out at its ceiling, 5000, and volume seems
               too low to bring a breakout at this time.



               If we create a DJI graph called "INDO"  using the DJI's its openings,
               we can see that its Closing Power is rising.   


              

               The main problem is that the bull market is a few days less than six years' old.
               Since 1929 only three other bull markets lasted this long.  Investors are naturally
               nervous.    Here are the longest DJI bull markets since 1929, where we define
               a bear market decline as a DJI fall of more than 18%.

               June 13, 1949 to July 12, 1957    97 months.  Ended with a Peerless S4/S9 at final top.
               Oct. 11, 1990 to July 17, 1998     81 months. Ended with a Peerless S9/S12 at final top
               Dec. 6, 1974 to April 27, 1981     78 months.  Ended with a Peerless S12 at final top.
               March 9, 2009 to March ?, 2015 72 months.  No Peerless Sell.
              
               No S9 or S12 is possible anytime soon now, though it is possible we will get
               a Sell S4 if the DJI's Accumulation Index drops below its 21-day ma.  Right
               now, the IP21 (current AI) is still making new highs and is weeks away from
               crossing its mV.avg., it would seem.

               The 10-day ma of NYSE (blue) Adjusted UP Volume (allowing only 85% of it)
               is now BELOW the rising (red) 10-day ma of DOWN-VOLUME.   The increase
               in Down Volume represents some precautionary profit-taking and also
               selling in dividend stocks and bond funds because interest rates are rising. 
               It could continue a week or two.  To monitor this selling pressure, I suggest
               watch Up and Down Volume as well as the 5-day ma of the leading ETFs.



               Given their big advances, I would want to sell those ETFs whose 5-day ma
               turns down.  Only QQQ, I'M and SXL still have rising 5-day ma. 

                       ETF       Steep CP    5-dma       IP21       Price        Pivot       TGR       Volume    
                                      Up-trend    trend        Trend     3/3           Price
                  -------------------------------------------------------------------------------------------------------------------
                      DIA        Rising         Falling      Rising     181.87     181.96     DU
                      QQQ      Rising          Rising       Rising      108.87     108.33     DU
                      SPY        Rising         Falling      Rising      211.12     211.63     DU
                      MDY     Rising         Falling       Rising       274.47    276.00     DU
                      IWM     Rising         Rising       Rising      122.74     123.19     DU
                      FAS       Rising         Falling       Rising     126.39     126.92     DU
                      TECL    Rising        Falling       Rising     155.88     154.15     DU     Vol. rose today on decline.
                      SOXL   Rising          Rising       Rising     153.31     148.31     DU    Vol. rose today on decline.
  

                  

====================================================================================
                                                      OLDER HOTLINES
====================================================================================


               3/2/2015     NIGHTLY HOTLINE

               The Peerless Buy B9 still operates.  The new Peerless Buy B10 nominally
               reinforces it.  Watch the NASDAQ.  It closed at 5008.10.  The previous
               highest closing on March 9, 2000 was 5046.86.    This could become a problem.  
               Quite often marginal new highs and new lows bring market reversals.  We'll have
               to be on guard for that, especially since NYSE Up Volume was only about
               68 million more than Down Volume on Monday.

               But, I am impressed with how the NASDAQ and DJI are back in synch
               and, generally, it takes much more time for market tops to form.
              



                                           Why Is NYSE Down Volume Rising?

               Volume in the DIA, NYSE and OEX have markedly failed to confirm.  Perhaps,
               too much volume is taking place out of sight in the "dark pools".  Or
               perhaps, it's because of how much the DJI-30 and OEX under-represent
               the technology stocks that are in fashion now.  But more to the point,
               all-time highs are not be trifled with, nor are Marches, especially in rising
               markets or in 3rd years of the 4-Year Presidential cycle.  And there
               are other bullish signs: the NYSE A/D Line keeps rising, as are all the
               key ETF's Closing Powers.  It is also bullish when the 5-day ma acts
               persistently as support in a rising trend.  AND last, but not least, every
               day Yahoo prominently posts the bearish comments of "perma-bears".
               (Today's Example.    When you also search for their track record, you usually
               discover that they have been calling each advance for the last two or more
               years a "dangerous top."

               The market could well be setting up a wild buying climax.  A continued strong
               advance from here in the vehicles showing the highest Up% and rising Opening
               and Closing Power is expected.  Only when their 5-dma turn down or their
               Closing Powers weaken noticeably would I want to sell SOXL and TECL.

                   New Tiger Tools To Get Aboard 
                             A Fast Moving Train
              
               I have added a note to the right of the main Tiger bar charts today
               showing whether a stock has rising or falling moving averages.  For the
               5-day ma, this saves having to look at the 6-month charts.  This will
               be posted tomorrow night on the  Tiger ESP Page to download.

               As for trading the highest UP% stocks, we could also sell them when they
               rally up to a point 5% to 10% above the 5-day ma and buy them back
               on the next dip to it, provided the 5-dma AROC is above +200%.  
               To see the 5-day ma +5/10% bands use the 6-month charts.  They are shown
               below for TECL.  Note also the Pivot (Sell) Day, 156.78.  Given the
               trading range breakout, a target above 170 can be predicted.

 

             
                                        The Best Flat-Topped Breakouts

               I also have been recommending flat topped breakouts showing high
               Accumulation and strong Closing Powers.  Favor those that have
               doubled in the last year, show multiple flat tops and an AI/200 score
               above 147.  These are favored by big institutions and are relatively
               safe.   SYKS and IBKR are recent examples.  With such stocks, all
               dips to the 21-day ma are also good places to take a position until the Closing
               Power uptrend is broken.
              

               Normally, we would not chase flat-topped breakouts more than 10%
               beyond the breakout point and would prefer to wait for a price pullback
               and a Closing Power hook back upwards.  But now, in this market,
               there is a good chance they will not pullback much for a month.  They
               can be bought more aggressively provided one trades them and is willing
               to sell them when their 5-day ma or their Closing Power turns down.



  

               Another point: it is probably better go long recent breakouts that meet
               most of the bullish considerations on the Bullish MAXCP page rather than
               buy new breakouts from long trading ranges that have been lagging
               for some time.  These will have falling Relative Strength Quotient Lines.
               The example below will be a test of this proposition.  It may be able to produce
               a 15% gain if it breaks out, but the odds are against it becoming a leader
               and doing better than many of the other, fresher breakouts.

                          Watch DTV as A Test of Lagging Relative Strength

=====================================================================================
                                                 OLDER HOTLINES
=====================================================================================
              2/27/2015 

               The Peerless Buy B9 still operates.  

               March's arrival is usually quite bullish.  Since 1965, the next two months
               have brought higher prices at the beginning of May 79.6% of the time.
               The average 2-month gain here is +3.5%.  The percentage is higher in
               on-going bull markets. As prices are advancing in the bullish third year
               of a Presidential 4-year cycle and the DJI and SP-500 are making all-time
               highs, where the path of least resistance is UP, stick with the uptrend.
               With rates still very low, I would think the odds are good that we will
               see a wild buying climax at the bull market's end.

              The NYSE A/D Line is rising and the FED is still accommodating.  The
               intermediate-term outlook (30+ days) must be considered as UPl up.  
               Favor Biotechs, QQQ, TECL and SOXL.  A short-term a brief pullback could occur
               in the DIA and SPY.   Their steep Closing Power uptrends have been violated
               after failing to confirm their recent new highs.  But as these Closing Powers are far
               above their rising 21-day mvg.avgs. and Peerless remains on a Buy signal,
               at most we can foresee only a shallow decline in these.  Note that that the
               DJI's Hourly OBV Line is bullishly still rising.

                       Continue To Favor The NASDAQ, QQQ, TECL and SOXL 

               Since last September,  5-day ma turns have been easy-to-use ways to spot
               turns in many excellent short-term trading vehicles.  SPY, MDY and FAS
               have just had their 5-day mvg.avgs. turn down.  Others are close to having
               that occur.  TigerSoft's new six-month charts show what it would take to
               turn the 5-dma down.  A closing below their "pivot price" by their closing prices
               would cause their 5-dma to fall.  (See examples below).  That should get
               short-term traders to take profits.  If prices quickly turn back up, they
               can go long again.

               Below are some of the key ETFs we track and their short-term status. 
               The "TGR" status refers first to whether the Opening Power is rising (U)
               or falling (D) and then to the same status of the Closing Power.

                  ETF       Steep CP      5-dma       Price    Pivot     TGR       Volume    
                               Up-trend        trend        2/27       Price
                  ----------------------------------------------------------------------------------------
                  DIA      broken           rising      181.19  180.92     DU        volume was flat on Friday
                  SPY      broken           falling      210.66  211.2      DU        volume rose on Friday's decline.
                  IWM    rising             rising       127.58  127.5      DU         volume was flat on Friday 
                  MDY    rising             falling      274.2    275.99    DU         volume rose on Friday's decline.
                  QQQ    rising              rising      108.4     108.52   DU          volume rose on Friday's decline.

                  FAS      broken          falling       124.35   125.7     DU        volume fell on Friday  
                  TECL   broken           rising       155.28   155.62   DU         volume fell on Friday
                  SOXL   broken          rising        150.12   144.97   DU         volume fell on Friday
                          
                        NASDAQ's Winning Streak Could Start A Bullish Take-Off.

                 Even if the DJI were to top out here, and that seems unlikely, we note the
                 cases of the NASDAQ rising strongly when the DJI is weak in the first
                 quarter of 1977 and 2000.  We need to give the NASDAQ every
                 chance now to take off to the upside. 



                              New study done Saturday on NASDAQ's up-day streak.

                       When NASDAQ rallies 9 of 10 days up, the odds of a significant further
                       rally (>+4.5% by the NASDAQ from this point are still better than 41%,
                       even from this "over-bought" position.  The odds of a significant
                       decline before the NASDAQ can rally +2.5% are also 41% (21/51)
                       based on data since 1990. But since 2010, the odds of a significant
                       decline first are 50%.)  

                               That the NASDAQ is at an important point of either breakout or
                       reversal can be seen in its chart.  It is challenging its rising resistance
                       line and its old year-2000 highs.  I suggest watching for a change direction
                       in the NASDAQ's 5-day ma at the close on Monday.  A close below
                       4960.97 would turn that mvg.avg. down.  Use our new 6-month charts
                       to get this number on any of your stocks or ETFs when they are
                       over-extended or look weak and you want to sell short.

=====================================================================================
                                                     OLDER HOTLINES
=====================================================================================

              2/26/2015   The Peerless Buy B9 still operates. As I keep saying:
               "The NYSE A/D Line is rising, as are the Closing Powers. 
               The Accumulation Index for the DJI, NASDAQ, SP-500 and
               all our key major market ETFs keeps rising.  See how the
               10-day ma of NYSE Down Volume is still not rising.  If it
               moves up out of its base, a pull-back become likely."  

               The most bullish action now is taking place on the NASDAQ.
               This is NOT just because of AAPL's amazing strength.  See below
               how the NASDAQ has risen 10 of the last 11 days.  With the
               DJI this might indicate an over-sold status, but with the NASDAQ
               it means that the speculation may only starting to get hot.  
                       See new study done Saturday. The odds of a significant rally (>+4.5%
                       by the NASDAQ from this point are still better than 40%,
                       even from this "over-bought" position.)
               Have you noticed that when you look at many of the NASDAQ stocks
               that are up a lot this year,  you will see that they often have
               very bullish 7 of 8 or even more positive day streaks.

               Watch to see if the NASDAQ can get past its rising resistance
               line and the 5000 psychological barrier.  This will be quite
               bullish for smaller stocks and the Russel-2000 ETFs, IWM and
               TNX.

               At this juncture, being long the highest UP-% ETFs, SOXL
               and TECL, seems a reasonable to play the good chance that we may
               soon seen a NASDAQ-5200 and a great surge into all-time high territory.

               My suggestion for traders is to stay long these for as long as their
               5-day ma are rising.  For the rest of us, stay long until Peerless gives
               a Sell  has to be recommended.  For the last 11 months, the Peerless
               Buys and Sells have brought total gains of +170.3% trading the long
               side only of SOXL and 111.7% on TECL.  This is conservatively
               calculated by TigerSoft using the next day's opening to buy and sell.  
               $40 was allowed each trade after starting with a hypothetical $10,000.

               (Some of you are money managers and do not have TigerSoft.   Let
               me suggest getting it to show clients these trading results.  They
               can easily be printed out along with the modest paper losses.)

HIGHEST UP% ETFS: TECL and SOXL

=====================================================================================
                                                       OLDER HOTLINES
=====================================================================================
              2/25/2015  NIGHTLY HOTLINE

          The Peerless Buy B9 still operates. The NYSE A/D Line
               is rising, as are the Closing Powers.  The Accumulation Index for
               the DJI, NASDAQ, SP-500 and all our key major market ETFs
               keeps rising.  See how the 10-day ma of NYSE Down Volume
               is still not rising.  If it moves up out of its base, a pull-back become
               likely.   See the DJI and Up/(red) Down Volume in the chart below.

          
                         How To Play What's Left of This Rally

               One way to play this rally is to buy the the ETFs that show the
               highest Up-Day-Pct, so long as both their Opening and Closing
               Powers are rising.  "Up-Day-Pct refers to the probability of
               the stock or ETF rising on any day in the last year.  TECL has
               risen 60.5% of the time, day to day, in the past year.  Its "UU"
               TGR condition below and in the Power Ranking display tells us that
               both the Opening and Closing Power are rising..

                                ETF                         Up-Day-Pct     Opening/Closing Power
                                                                                                Direction
                      -------------------------------------------------------------------------------------
                                TECL                          60.2                      UU
                                USD                           59.8                         U?
                                VCR                            59.3                      UU
                                RYT                            59.0                      UU
                               IXN                             58.4                      UU

                                IIF                               58.4                      DU
                                UYG                           58.0                      UU
                                QLD                            57.6                      UU
                                TQQQ                        57.6                      UU
                                TMF                            57.6                      DD   

                            Interpretation of Tiger Charts of TECL 

                     Our basic chart shows TECL  has broken out above a pair of
                      earlier highs at 150.  This casts doubt on the optimizede best
                      red Stochastic Sell signal shown by the recent red down-arrown.  
                      A similar breakout back in May 2014 over-whelmed the
                      same type of red arrow.

                      There is a Closing Power divergence.  The new highs have not
                      seen the Closing Power make a new high.  However, there
                      is no handy Closing Power uptrendline we can draw.  The
                      Closing Power needs to dip and the then turn upwards for
                      us to get to points to draw an upsloping CP trendline.  Instead,
                      could use the CP's 21-day ma.  That is still rising.  But it is
                      far below.

                      Instead, I suggest using the direction of the 5-day ma.  The
                      second chart below, the 6-month chart shows that the key
                      5-day pivot point is at 152.63.  This means that a close below
                      this level tomorrow would turn the 5-day ma down. If we study
                      this chart or display 5-day ma direction-change signals on our
                      basic chart, we see that this has been a very good trading
                      system since last September when there would have been
                      several whip-saws.  Using this system, a close below 152.63
                      would produce a short-term Sell.

                      I would suggest buying TECL tomorrow provided it does not
                      open down more than 1%.  Our new "What Happens after
                      the Opening" shows that most other sized changes at the
                      Opening are followed by higher prices at the close.  (This
                      new report is gotten to under Indic-3 with a Tiger chart on the
                      screen.)

              

================================================================
                                       OLDER HOTLINES
================================================================
          2/24/2015 

               We still operate under a Peerless Buy B9. The NYSE A/D Line
               is rising, as are the Closing Powers.  The Accumulation Index for
               the DJI, NASDAQ, SP-500 and all our key major market ETFs
               keeps rising.  Clearly, institutions are afraid to lose their long positions
               while the DJI rises rather than falls 55% of the time on any given day.

               But volume continues to lag.  Sellers take profits  but are mostly not
               aggressive in their selling.  Meanwhile, Buyers are cautious, too. 
               They are unwilling to chase upwards very far the stocks that they are buying.

               We just have to be patient in here.  Higher prices lie ahead, I confidently
               predict.

               This cautious bullishness is seen in the steadiness of the daily New High
               statistics and the much smaller number of New Lows.  It is evident also
               in the 10-day ma of Adjusted NYSE Up (we use 85% of it) and Down Volume. 
               See in the UP-Volume chart below on the DJI how Up-Volume remains above
               Down-Volume, but at the same time, Up-Volume refuses to move up just
               as Down volume refuses to rise. 

               Perhaps, enough new money will come in at the end of the month to bring
               about a DJI rally to 18450-18500, so that the rising resistance line there
               will be tagged.  This is the most likely scenario, I think.  See how such
               a rally would likely take the NASDAQ back up to 5100, its all-time high
               from 2000.  At this point, I would think we will see a pull-back.  But first,
               the DJI's rising resistance line must be tagged.  




            
               This prediction of another 1%-2% DJI rally rests on the continuing
               assumption that there is no Peerless Sell, that the NYSE A/D Line uptrend is
               not broken and the Closing Powers for DIA, SPY, QQQ, MDY and IWM
               all keep rising.   The uptrend of MDY is being confirmed by all our
               indicators shown below, except Opening Power.  I take the weakness in
               Opening Power as a bullish sign.  It means that the Public is not yet net-bullish
               about the current rally.  When they become Bullish, Professionals will probably
               start to sell in earnest to them and then our Closing Power and Accumulation
               Index uptrendlines will be broken.



======================================================================================
                                                       OLDER HOTLINES
======================================================================================
             2/23/2015 

               We still operate under a Peerless Buy B9. The NYSE A/D Line
               is rising, as are the Closing Powers.   I expect Janet Yellen to do
               what she can to boost the market and bonds in her testimony before
               the Senate tomorrow.  Seasonality is quite bullish over the next two months.

               Of concern, right now is the failure of NYSE Up-Volume to be rising
               when compared ten days ago. (See bottom of DJI chart).  I am also
               wondering why the Big Banks are lagging.  Is this fears of a Greek
               financial collapse?  Fears that Republican populists will try to limit
               the powers and secrecy of the Fed, the big banks' best friend in Washington.
               Stock and industry selection are important now, I would say.  Using
               breakouts above flat tops to buy and then working with their Closing Power
               uptrends are our favorite strategies now. 

                               New Augmented Buy B10s' Download

               Tomorrow, I will be posting a new download from the Tiger Data page
               named AUGS10s.  It will be all the daily new highs, showing recent bulges
               of intense Accumulation and very high volume.  We can tighten these parameters
               ourselves by requiring an AI/200 score above 147 and a current IP21
               above +.50 to get the same parameters that were tested with all the
               TC-2000 stock data from 1990-2006.  

                         Right Now, The Good Breadth of The Advance Is More Bullish
                         than The Lack of Up-Volume Is Bearish.

               This is a broad rally, as judged by the number of different sectors
               and industry groups that have more than 60% of their stocks above
               65-dma.   This should hold the market up and more than compensate
               for the apparent lack of volume in the rally.  Remember, too, that when
               prices rise to all-time highs, there is usually much less overhead resistance
               because sell orders can not be bunched at old highs.  That is why it will
               be quite buillish if the DJI can get free from the selling at its recent highs
               and the NASDAQ will become much more bullish above 5150.

                               A Broad Market Rally.

                                    Group              % of Stocks
                                                           above 65-dma
              -----------------------------------------------------------
                         Security Software (18)   88.9%     Will be downloadable as HACKERS.exe from Data Page.
                         IBD-Growth                    87.7%      As of Febr. 10th.
                         Chemicals                        85.2%       Benefitting from low oil prices.
                         Military                           84.2%       Unrest in Middle East and Republican majorities.
                         Home-Building                80%          A bullish sign for stock market, too.
                         Solar                                80%
                         Transportation                79.3%       Economic growth and low oil prices.
                         Software                          76.8%
                         Autos                               76.1%
                         Semi-Conductors            75.5%      Capital intensive investment still paying off.
                         Retails                            75.4%      Consumer demand grows with real wages.
                         Reits                               75.0%
                         Biotechs                          74.9%       Favorable FDA and expected high return on invested capital.
                         Russell-1000                   72.5%
                         SP-500                             70.7%
                         Insurance                        68.3%     Apart from Health Insurance, these are surrogates for SP-500.
                         QQQ                                65.7%
                         Non-US ETFs                 65.7%
                         Computers                       63.6%
                         OEX - SP-100                  62.2%
                         Beverages                       61.1%
                         Industrial Materials       60.7%   Improving cyclicals. 
                         Finance                             60.4%
                         Regional Banks              60%.
                         Green                               57.9%     Republican Congress is not especially sympathetic
                         Oil/Gas                             53.7%     Much depends on US Sanctions on Russia.
                         -----------------------------------------
                         Bonds                               49.2%     Are more speculative investments drawing money away?
                         Gold                                  41.9%     Strengthening economies and low inflation hurts Gold.
                         Utilities                             38.1%     Are more speculative investments drawing money away?
                         Big Banks                        28.6%      Why are big banks lagging?  Greece?
                         Education                         20.0%      Reduced public funding is anticipated?
                         Food Commodities         20.0%       Parallels 1920s' experience.
                         Coal                                  0%           Carbon pollution regulations are increasing.



               As we get closer to the end of the month, I would think the rally
               will assume more authority.  That would be in keeping with the normal
               seasonal pattern at this time.  Since 1965, March has seen the DJI rise
               73.5% of the time.  Together, March and April have brought a gain |
               79.6% of the time.  On average, the DJI rallies 3.5% from end of
               February to the end of April.  In third years of the 4-year Presidential
               cycle the average March-April DJI gain has been 5.4% since 1967.

               There should be ample opportunity in certain stocks that are now breaking
               out of their trading ranges.  See the best examples I can find in the red high
               volume breakouts shown in the Bullish MAXCP group tonight. Emphasis
               should be placed also on how close the pattern is to a classic flat and well-tested top,
               how high the Accumulation is, how much positive Accumulation there
               has been, whether the Relative Strength Quotient is making new highs
               and if the Closing Power is confirming the new high.  Watch the count of
               new highs on the NYSE and NASDAQ.  We want to see that expanding.
               What we do not want to see is a number of breakout failures and declines
               of 10% below the point of breakout.  This would suggest a bear trap.
              

                            DJI and Peerless Signals

===============================================================
                                     OLDER HOTLINES

          2/20/2015   

          NIGHTLY HOTLINE  We operate under a Peerless Buy B9. 
          The temporary EURO-Greece agreement on Debt allowed the DJI to
               jump over 18000.  Insiders and Professionals clearly got advance word
               of this, if we judge from the chart of the Greek National Bank (see last
               two hotlines.)  The Greek debt can has "been kicked down the road".

               Volume remains relatively low.  To be reliable, flat topped breakouts
               need to rise more empatically.  The daily volume is below its 21-day ma
               for the DJI, NYSE, NASDAQ and IWM.  We see wide OBV divergences
               from price with DIA, MDY and SPY.  I think the rallies will continue
               because of the FED's low interest rates, but the moves from the key
               ETFs is likely to be limited.  For now the NYSE A/D Line is rising, as are
               the Closing Powers. There is more opportunity in certain stocks that are
               breaking out of their trading ranges.  See those in the Bullish MAXCP
               group.



                           NASDAQ Is Being Drawn by History back to 15100.

               If the 2000 highs really offer such magnetic powers, the QQQ should
               get back to 119-120.  The DJI and SP-500 are at all-time highs.



               The DJI has still not made a decisive breakout, but its internals are
               positive.   NYSE up-stocks' volume is not confirning and daily volume on Friday
               was below its 21-day ma.  The action is elsewhere.  More stocks have
               bullishly broken out above flat resistance.  The ETFs, QQQ and MDY are
               the strongest.  The NASDAQ is moving up to challenge its all-time high
               of 3/10/2000:  intra-day high = 5132.52 and close of 5048.62.  The Russell-
               2000's IWM and TNA are very close to bursting out of bases that have
               lasted 10 months.  This seems a favorable time to buy mid-caps and
               small caps that have broken out of their own flat topped trading ranges.
              

================================================================
                                      OLDER HOTLINES
================================================================

           2/19/2015   We operate under a Peerless Buy B9.  Avoid
                the DJI for now.  IWM and QQQ look much more promising.

                The DJI seems unable to breakout past its resistance around 18060.  Its
                trading volume, especially its Up-Stocks' volume, is waning.  The NYSE volume
                does not appear high to bring a decisive new high.  The percent of the DJI-30
                stocks above their 65-dma is only 53.3%.  More backing and filling seems likely
                for DIA.  I do not think, however, that a deep decline is likely by it, back
                to 17000, for example.  That's because the NYSE A/D Line is rising.  There is
                no head/shoulders pattern.  The Accumulation Index on the DJI is still rising
                and well above its 21-day ma.  In additon, seasonality is quite bullish in
                another week.  (Since 1965, the DJI has risen 67.3% of the time
                in the month following February 19th, though only 51% of the time over
                the next week.)

                As my friend Dennis in Las Vegas pointed out to me today, the market sometimes
                blatanlty tries repeat what it did a year ago.  Here that means turning back
                upwards strongly in February after a sell-off in January.  Such are investors'
                memories.   What I have found is that there is, indeed, a pattern here. 

                February turn-arounds from January declines have occurred 10 times in the
                last 34 years.  Only once did the DJI reach a tradeable top in March. 
                In 5 of the 10 years, the first intermediate-term top (with a resulting decline
                to the lower band) took place in April.  So, on this basis, too, I do not expect
                much of a DJI sell-off; an April top is much more likely.  This suggests we
                could see a nice advance next Month.

                       January Declines and Strong February Reversals
                                             1980 - 2014  

                                 Next Intermediate-Term Top
                      --------------------------------------
                      1981    April top
                      1983    Strong all year - This was third year in 4-year Presidential cycle.
                      1988    April top
                      1990    July top|
                      1991    April top  - This was third year in 4-year Presidential cycle.

                      1993    Strong all year
                      1999    April top -  This was third year in 4-year Presidential cycle.
                      2005    March 7 top
                      2006    May top
                      2010    April top

                                            Why Is National Bank of Greece Rising?

                I suppose, the Government of Greece could become defiant, stop all foreign
                debt payments, nationalize its banks, issue a new Drachma, declare the EURO
                illegal   and seek new loans from Russia.  That would shake up Wall Street,
                no doubt!.  But that is not what lies ahead.  As I pointed out yesterday,
                the National Bank of Greece is rising, not falling.  If a truly hard swing to the
                left lay ahead for Greece, surely NBG not be rising now. .                                          

                             

                                                  Look Beyond The DJI-30 Now

           While only 53.3% of the 30 DJI stocks are above their 65-dma, 69.9% of the
                 Russell-1000 stocks (I can only sample about 95% of them) are above their
                 65-dma.   68.6% of the SP-500 and 64.6% of the QQQ are above their 65-dma.
                 The recent rise in interest rates and the uncertainties about Greece have
                 had more negative impact on the DJI, on Big Banks (43%), Bonds (35%)
                 and utilities (27%).

                 It's time to employ Tiger's "guerilla" trading strategies.

                 It's time not to buy DIA, but to buy the best of the current "nifty-fifty",
                 which I take to be the stocks and ETFs with across-the-board high daily
                 UP percentages.  These are the "HIUPPCT" stocks that are making
                 confirmed breakouts and new highs.

                 It's a time, I think, to look for the best flat topped breakouts.
                 See the potential and recent breakouts in the Bullish MAXCP stocks tonight.

                 It's time, to consider the best story stocks out there showing
                 significant recent Accumulation and Closing Power strength.  TESLA
                 would seem to be such a stock.  If its batteries can be produced cheaply
                 enough, this will be a truly revolutionary technology.



                 It's time to buy more of the best performing energy/oil/gas stocks that show
                 very high Accumulation (IP21).  Oil stocks usually top out only in the
                 last days of a bull market.  NEP is a relatively new issue and is close
                 to making a classic flat-topped breakout.



                 It's time to watch for very unusual volume breakouts in biotechs.
                 See the potential flat-topped breakouts in the Bullish MAXCP stocks tonight.
                 With biotech speculation in the rise, some of these should do very well
                 if we get a rising market for another two months.

                 And with the NASDAQ leading the charge, we should also look for
                 perfect breakouts from stocks that have not even traded a full year.
                 See EGRX below.



          

================================================================
                                  OLDER HOTLINES
================================================================

           2/18/2015  We operate under a Peerless Buy B9.    The DJI fell a
                little today, rather than making its own new high to confirm the token higher
                highs made again today by the NASDAQ and SP-500.   It's behavior was
                disappointing given the FED's back-back peddling today about a Summer rise in
                interest rates.  The bond markets certainly were happy.  As you can see below
                Interest rates fell sharply today.  That sent gold and mining shares back up.
                (Folks can trip all over themselves trying to dance to the Fed's erratic drum-beat.)

                                                            Ten Year Rates and DIA



              


                I think we will be best served to stick with the Peerless Buy signal so long as
                the NYSE and big ETFs Closing Power uptrends remain intact.   As you
                can see below, SPY has reached a well-tested resistance line.  Like the DIA,
                SPY's Closing Power is not making a confirming new high.  Therefore, under
                Tiger rules, a breaking by SPY's Closing Power of its uptrend would
                be a classic Tiger trading Sell on it.  Volume is low.  Traders are waiting.


                                                               SPY

                                                  The Greek Drama

                I have to believe that the market is waiting more than on anything else
                to see what happens in Greece.  Even the New York Times does not hazard
                a prediction tonight on Greece's financial future.   Fears of a panic in the
                EURO due to a Greek breakaway from the EURO may well have been
                a big factor in making the Fed put out its now dovish communiqué.

                But Greece is the great unknown now.  No one knows how much Greek debt
                the big American banks have.  No one knows for sure whether Greece and
                the big European Central bank officials will reach an agreement as time runs
                out before a Greek default of its debt and Greek banks run out of money.
                This could happen within 48 hours.  And no one knows what will happen if the 
                Greek Government is forced to leave the Euro and print a new national Greek
                currency.   Presumably, the Greek Government would then have to nationalize
                the banks to ensure the viability of the new drachma.  Would Greeks
                accept and trust such a new currency?  Presumably, the Greek Government 
                would have to make it very hard to accept any other currency accept at a rate
                that favors the new Drachma.  Civil unrest would likely follow if Argentina's
                example is valid here.  But no one knows anything for sure, except that
                Greece's €316 billion debt might never be paid if the big bankers push Greece
                too hard now.  

                In classic Greek drama, it is hubris and arrogance which bring the
                hero's downfall.  But what if there are no heroes?  If the current Greek
                drama ends anti-climactically, with a  new temporary set of loans for
                Greece, then we could see a nice "sigh-of-relief" rally for our markets. 
                While that is not what I have predicted.  I continue to see no way out
                for Greece other than to have control of its own currency, it is exactly what
                some key Greek investments are now suggesting.

                On this score, the two main Greek investments that Americans seem to
                be turning around from long declines.  Their Closing Powers are clearly
                up-trending.   They could complete bullish inverted head/shoulders
                patterns.   And they could bullishly get back above their falling 65-dma.
                The Professionals here seem to be betting that the big bankers in Brussels,
                Germany and the IMF  will in the end "yield" and "cave in" to Greek demands.

                          GREK - Global X FTSE Greece 20 ETF
                          NBG - National Bank of Greece S.A.

                


===============================================================
                                    OLDER HOTLINES

                2/17/2015  We operate under a Peerless Buy B9.    The DJI is still
                unable to make a new high to confirm the new highs by the NASDAQ and
                SP-500.  Bullishly though the DJI is now 2.2% over the 21-day ma, the
                Peerless internals on the DJI are too positive to give a Sell.  Gold and Silver
                fell below their 65-dma.  This may mean a Greek financial collapse will be
                avoided.   At the least, such breakdowns are usually bullish for the general
                market since big Gold advances often precede general market tops. 

                To avoid trouble, the DJI and NYSE volume need to keep rising.  A rise
                in interest rates is being factored into Bonds, Utilities and REITs.  Municipal
                bonds have fallen sharply in the last two weeks.  To prove that this is a result
                of the expected growth in the US and European economies making new
                demands for loans and public works funding, we need to see the
                nascent breakouts grow into new legs up by the whole market.  Otherwise,
                the DJI may lead the markets back down to the recent support levels.  Without
                a further advance, the DJI may form a bearish head and shoulders pattern here.

                                    Bulls Need The DJI To Move Higher

                Note that the DJI is up 57.1% of the time on any given day for the last year. 
                With one exception, this is a higher number than any of the UP-Pcts showed
                at the end of years just before bear markets.  The exception occurred when
                the Fed raised short-term rates abruptly at the beginning of February 1994. 
                Two weeks before that, the Tiger Accum. Index fell below its 21-day ma. 
                On the Fed announcement, the NYSE A/D Line broke its uptrend and the
                DJI completed a head/shoulders top.  At present, interest rates are going up,
|               but the A/D Line is still rising and there is no head/shoulders pattern in the DJI.

                                        End-of-Years before Bear Markets

                                                     Year              Up-Pct
                                                     --------------------------
                                                     1959              56.7%
                                                     1961              54.6%
                                                     1965              55.8%
                                                     1968              51.6%
                                                     1972              48.4%
                                                     1976              50.0%
                                                     1983              53.1%
                                                     1989              55.6%
                                                     1993              57.5%    Sell S4 at top, rise in short-term rates,
                                                                                         then DJI H/S,and A/D Line break
                                                                                         and then 11% decline. See  1993-4 chart.
                                                     1999              50.2%
                                                     2000              51.9%
                                                     2007              56.8%
                                                2/17/2015           57.1%
                                                   

                Though 10-yr interest rates have risen 5 basis-points in the last two weeks,
                the NYSE A/D Line is still making new highs. Usually, this means higher prices,
                provided the DJI itself can escape the present trading range and not immediately
                decline, thereby appearing to be forming a big head/shoulders pattern.

                                             Volume Needs Too Increase On Rally

                The broader market based ETFs, IWM (Russell-2000) and IWM (Mid-caps)
                have built longer bases than the DJI.  They are now attempting to make bullish
                breakouts above well-tested flat resistance.   Though the odds of a rally on
                any given day this past year being up are 55%, we have to be concerned that
                both their Closing Powers are lagging their prices.  Bearishly, volume was
                quite low for IWM today despite its rally.  It will need to pick up soon.  Probably,
                too much of the rally owes to AAPL's advance.  Still more stocks need to
                participate.

                Our Tiger Index of the Russell-1000 below stocks shows A/D Line for these
                stocks that is clearly rising and a percentage above the 65-day ma which is a
                healthy +   72% and rising.  Volume should rise to confirm a move higher.


are n




===============================================================
                                    OLDER HOTLINES
===============================================================

          2/13/2015  We operate under a Peerless Buy B9  The NASDAQ was the
               first index to break out above its flat resistance.  QQQ and SPY followed on
               Friday.   Volume is lacking on the SP-500's nominal new high.  But the Closing
               Powers are rising for all the key ETFs.  So we have to stay long these.  More
               backing and filling is probably necessary to secure the DJI's position above
               18000.  

               Interest rates are rising.  But that could partly be a sign of increasing business
               and consumer demand.  The number of new highs is growing but far from
               speculative-excess levels.  And a wider variety of major stocks and ETFs
               are attracting new money without it noticeably coming out of other sectors
               or more speculative stocks.  I expect a Greek Default at the end of the month
               and an impasse on the US Federal Budget.  But the news that most of the
               fighting has stopped in Ukraine and that European trade with Russia could
               resume more normally has made many believe that Crude Oil will keep rising.
              

               I show a chart now with the year's Daily UP%, Opening UP% and Closing UP%.
               When all these three values are above 55% it means the stock or ETF is a leader.
               It not only rises at the opening (Open UP%) in a manner than puts it in the
               top tier of stocks, it also typically closes still higher (Close UP%) and as a result
               produces a gain 55% of the time each day.  Only 40 or so stocks meet this criteria
               now.   See the current list here and download them from the Tiger Data Page.
               DIA, SPY and QQQ are among them.  Because they are the favorites of Institutions,
               Professionals AND the Public, we can give them a little more lee-way and allow
               them to run.   But a trendbreak in their Closing Powers would probably be
               a good reason to sell.

                The exact three requirements for "HIUPPCT" status are:
                                1   UP% must be 56.1% to 59.5%
                                2   OPEN-UP% must be above 51.2%  Numbers here above 60%
                                  probably show excessive "Public exuberance",too.
                                3   CLOSE-UP% must be above 55.9%.

                      What is the evidence that stocks in this group are safer and
                      are apt to avoid bigger declines?

                      1)   I have a directory of 350 mostly SP-500 stocks for the year 2000.
                      I went through them and made a list of the first 40 that declined
                      at least 25% in the first quarter of 2000.  None came close to meeting
                      these conditions: 26 showed a UP% below 50%; 34 had an OPEN-UP%
                      below 50%; 25 displayed a CLOSING-UP% below 50%. 

                     Qualcomm,   I recalled, had peaked the last day of 1999 after advancing 400+%
                     in the last nine months.  It then completely collapsed.  Its three numbers
                     were 58.1% (ok), 62.8% (dangerously high, too much Public speculation)
                     and 54.7% for CLOSE-UP%, one percent too low.

                     2) I next took about 315 mostly SP-500 stocks at the end of 2007, just before
                     the long and deep 2008 bear market and ran the UP% Ranker.  No stocks
                     qualified.    Clearly if your stock ceases to qualify, it is probably necessary to
                     sell it, especially when Peerless gives a series of major Sells.

                    This new screening, "HIUPPCT" provides traders with a handy list of the
                    strongest stocks and leveraged ETFs.  You can see the current list of
                    qualifying stocks with the BothUp Tiger condition.   It may be a |warning
                    sign for the short term that only three of the top 12 Closing Power-Up%
                    stocks show a Closing Power making new highs.
       
                    We can usefully ask Tiger now to list the top Closing Power Up% leveraged
                    ETFs and the lowest.  
                               The strongest 5 are:  UDOW, DDM, DZK, TQQQ and FAS
                               The weakest 5 are: SDD, EFU, DXD, SDOW and REW

                    It also gives a portfolio manager a list of the current best ETFs/stocks in
                    a wide assortment of industries.  

                                                  ETFS
                          1. TECL  3x Leveraged Technology  60.3, 63, 56.1      150.75
                          2.   SOXL  3x Semi-conductors             59.9, 60.3 55       143.99
                          3.   VCR   Consumer Discretionary     59.9, 58.4, 58.     120.89
                          4.   VGT   Information Technology      58.8, 62.6, 57.3   108.04
                          5.   FAS    Leveraged Banking              56.6, 57, 56.2       125.53

                                                 STOCKS
                          1. LMT  Lockheed - Military              54.2, 56.2, 51.0     196.95
                          2. HD     Home Depot                          54.2, 53.4, 53.4    119.89
                          3. SKW     Sketchers                            59.0, 57.4, 57.8      66.09
                          4. ESPR     Biotech                               54.7, 55.4, 55.0      67.13

                    Trading these items above with either Peerless Buys and Sells
                    or using their Closing Power trend-breaks should generate a
                    steady series of gains in a conservatively managed account.
                           

=================================================================
                                  OLDER HOTLINES
================================================================

           2/12/2015  We operate under a Peerless Buy B9  Today, the NASDAQ
                 broke out above its flat resistance.  This should be bullish enough to take the
                 NASDAQ back to its peak at 5100 back in 2000.  The cease-fire in the Ukraine
                 seems to have been the catalyst.  European markets jumped on the news.  That
                 sanctions on Russia would probably be lifted was a boost also to Crude Oil prices.
                 Many cynics from Cold War days are convinced the US has arranged with
                 Saudi Arabia to have oil prices drop to put pressure on Russia.   Economic recovery
                 overseas would be splendid way also to lengthen the US bull market.



                                           DJI Gets back to 18000 Resistance
                                         while NASDAQ Makes A New High


                
                         The Other Indexes Need To Follow NASDAQ's Lead Upward

                 Technical problems remain.  The NASDAQ's new high was in splendid
                 isolation.   It is bearish 75% of the time when the DJI refuses to quickly rise
                 to new highs also in such situations. See the new study I put together of
                 the 8 cases like this since 1970.   And as I mentioned yesterday, it is not good
                 that AAPL goes quickly straight up with so much red Distribution.   These are
                 warnings.   

                  Still, history teaches us to give the market a chance to go higher until
                 Peerless gives a Sell signal on the DJI or now, at least, until the Closing Power
                 uptrends on the broader IWM, SPY and QQQ are broken.  There is an outside
                 chance that we are about to enter a much more speculative phase of the
                 long bull market, perhaps like October 1999 to March 2000.  This would
                 require biotechs or some other new technology group to come alive.  For
                 this to be a possibility, we will need to see the ETFs below all make
                 new highs very quickly in here.

                                                Will SPY, IWM and QQQ Breakout?

                                    A Greek Default Seems Inevitable

                 For Wall Street to be really happy now, the upstart Greek government will
                 have to kowtow to Europe's central bankers who demand that all past debt obligations
                 and agreed-upon Greek government spending cuts be honored before there
                 can be any new loans.   I think the Central Bankers are like most isolated elites.
                 They do not see that the Greek PM cannot accept their terms and still
                 retain political power.  So, in a few weeks various Greek bonds will come
                 due and be defaulted upon.  Greece will have no choice but to re-establish
                 its own currency with the government seizing all the private banks.  This
                 may be averted.  But I suspect that this is what lies ahead if neither side of |
                 the negotations "blink" or make basic concessions.   Assuming there are such
                 defaults on Greek government bonds, it will only be a matter of time before
                 the populist political parties in Portugal, Spain and Italy also demand an
                 end to central bank imposed austerity.  No country can indefinitely tolerate
                 25% unemployment.  If the future does play out like this, I do not see
                 how the EURO cannot but fall further.  
                 (See the NY Times article tonight on the negotiations' stalemate)

==============================================================
                                      OLDER HOTLINES
==============================================================
          2/11/2015  We operate under a Peerless Buy B9  The major indexes
               appear to be locked in flat trading ranges.  These can last six to eight months.
               AAPL continues to move up.  If this continues the NASDAQ could breakout
               above its flat resistance only 20 points higher.  The NASDAQ's internals
               look strong enough to support a rally to 5000.  However, AAPL's chart shows
               red distribution as it moves higher.  This is reliably bearish when looked
               at historically.


                                                                                                              IP21 NNC

             
               Below are the comparable AI (IP21) negative non-confirmations of AAPL |
               advances to new highs in big advances.  Only the August 1999 case
               proved to be a false IP21 NNC (Tiger S9).  The special study tonight
               of the AAPL tops called by one or more IP21 NNCs suggests that
               AAPL is close to making a very tradable decline.  The odds of this
               are 90% going back to 1987.

                                                   Non-Equity Trades and Trends

                 The Japanese Yen looks like it is starting another leg down.   See a new wave of
                 red distribution is engulfing the FXY,  the ETN for the Yen.  Traders might want
                 to buy the leveraged short play on the Yen.

                Gold and Silver are at key support, their rising 65-dma.  They appear to be waiting
                to see what happens in the late-stage negotiations over Greek debt and the very
                uncivil proxy war in the Ukraine.  I would have to take a clear violation by them
|               of their 65-dma to mean that gold and silver would have to test their lows of last
                year, with a chance they could fall an additional 20% if those lows were clearly violated.   

                                         


=====================================================================================
                                                          OLDER HOTLINES

          2/10/2015  We operate under a Peerless Buy B9  But the major indexes
               appear to be locked in flat trading ranges.  These can last six to eight months.

               It could happen that the NASDAQ will make a run  to the upside without
               the DJI participating.  That could give selected parts of the stock market
               a nice lift for a month or two, as in early 1997 and 2000, but it could also
               lead to a market top if NYSE breadth is not very positive, perhaps because of
               rising US interest rates.   A move by the NASDAQ above 4800 would be
               a breakout.  Its next target would be the March 2000 high at 5100.



               The NASDAQ has the best chance now to breakout of its flat topped trading
               range.   APPL has made a new high.  Its continued strength could cause the
               NASDAQ and QQQ to breakout. However, AAPL's chart still shows heavy
               red distribution.  A NASDAQ and QQQ breakout could also occur if biotechs
               were to breakout of their toppish-looking pattern and score new highs.  But
               interest rates are rising.  In the last 6 days, Ten Year Teasuries have risen
               three basis-points to 1.99%.  Should TNX rise over the 65-dma, a short-term
               top might be set up.  At least, this is what happened several times in 2014.

               The Russell-1000 (62.9%) and SP-500 (61.5%) have a significantly higher
               number of proportion of their stocks above their 65-dma than does the DJI-30
               (50%).  So, leadership now must come from the NASDAQ.   Within trhe DJI-30,
              DISNEY is the "Tahiti" stock (highest AI/200 ) but HOME DEPOT keeps
              scoring new highs along with UNITED HEALTH CARE.

                                   Prospects for A Crude Oil Recovery

              Of more interest, is CRUDE OIL and the 4 oil/gas stocks that could make
              big recoveries if oil and gas can turn back up.  My studies show that in the
              aftermath of the 4 previous big Crude Oil declines, a breaking of the downtrending
              Closing Power always led to Crude Oil rising above its 65-dma quickly.    
              In 3 of these 4 cases, crude oil prices rose more than 33%.  That should
              make beaten down oil stocks still a bargain.  I recommended yesterday buying
              the best rebounders showing the highest current Accumulation (IP21) at
              their rising 5-day ma today.  That would have meant buying PES at 5.09,
              NOG at 8.27 and PKD at 3.68.  AE rose today, despite the decline by all
              the others.   Such relative strength commends it for buying, too.  See the
              past recovery charts of Crude Oil and these oil/gas industry stocks
              here.  We used the new 6-month Tiger charts to know there the 5-dma
              was.   When you look at these charts, check also to be sure the 5-dma
              is rising.   Avoid buying stocks where the 5-dma is turning down.  Also
              avoid stocks where down-day (red) volume is greater than (blue) up-day.

              Will Crude Oil continue to rebound? As long as its Closing Power is
              rising and it shows very positive Accumulation, the odds favor much
              higher prices.  This shows heavy net Professional and Institutional
              buying.   See the past cases of Crude sell-offs and rebounds.

              Fundamentally, what would permit Crude Oil to recover, say, 50%
              of what it has lost?  First and foremost, overseas markets and economies
              must stop declining and get above their own 65-dma.  The European
              Central Banks says it will launch a massive Quantitative Easing program.
              But this may be too late.  What is needed is an end to the fiscal
              austerity imposed on all of Europe by its central bankers.  Is this
              likely?   No, they are wedded to the Austrian school of economics.
              They do not believe in deliberately unbalanced budgets or massive
              public works programs.  And as their loans to Southern Europe
              look more and more dubious, their natural reaction is more and
              more retrenchment. 

             Europe's economic situation has been made worse by the American
             led sanctions on Russia, their natural trading partner.  Is America
             likely to relent in its struggle to draw a larger Ukraine into its
             sphere of influence?  I see no evidence of this?

             But might Saudi Arabia and Russia start to cooperate to find
             ways to get Saudi Arabia to limit production.  Perhaps, Russia's
             withdrawl of support for Syria and even Iran?  Both want crude
             oil to stabalize.   With cooperation, they might be able to make Crude
             Oil rise a reasonable amount higher.  Russia denies this.


             

       
         


================================================================
                                     OLD HOTLINES
================================================================

          2/9/2015  We operate with a Peerless Buy B9  But the major indexes
               appear to be locked in flat trading ranges.  These can last six to eight months.
               Volume was low on today's decline, so the DJI should try to rally and test 18000
               more closely.  The DJI is not the story right now, however.

                                         Oil Stock Turnaround Gusher?



            
               With the general market caught up in a trading range and very few stocks
               making new highs, traders have turned elsewhere.  Right now, it is
               the rapid turnaround in Crude Oil prices that has caught the attention of
               Professionals and the Public.  There's good reason for this.  If Crude Oil could
               recover just 1/3 of what it lost in the last  6 months of 2014, it would move up
               13 more dollars, a rise of almost 25%.  That would boost many of the
               highly leveraged, beaten down oil and gas stocks 25% or more.

               More than 20 of the oil/gas stocks we follow have fallen more
               than 60% since last July.  Our Tiger Closing Power works particularly well
               with these stocks.   All we have to do is abide by their CP trends.  We should
               stay long almost any of these provided they stat above their CP's 21-dma.
               When the CP uptrends are broken, then we can sell knowing that Professionals
               are no longer net-buyers.  If there is no clear CP uptrend, we can use the 21-day
               ma of Closing Power.  This also works well with the perpetual contracts
               of Crude Oil.  See the study I posted last week. 
              
               With this strategy prices do need to surpass the falling 65-dma.  Look at
               PES (below), for example.  It fell 77% from last July to December.  A 50%
               retracement would take it back to 11 and produce a 100% gain
               from current levels. PES is a drilling service company.  It is not small.
               It has 3600 employees.


              
               Another strategy is to buy the best performers from the day when
               Crude Oil bottomed provided they also show the highest IP21 scores.
               Again with these, we want to abide by the Closing Power uptrend. 
               Here I prefer those tocks that quickly got past the resistance of
               their 65-dma. 



                                            Moving Trains

               It's always hard getting aboard a moving train.  So, we want to take only
               a partial position on the stocks below on strnegth.  Buy more on the
               next decline back to their rising 5-dma.  See the linked 6-month charts.
              
                      28 Trading Day Gain and IP21
                             12/29/2014 - 2/9/2015

               Symbol      Price   Pct.Gain     Current    Current
                                                                 IP21         OPct|            
              ---------------------------------------------------------------
              NOG           8.65          45%          .31           .287         
              AE              64.39         35%         .27            .518          12-month chart    6-month chart
              AREX          7.9           21%         .35            .36            12-month chart     6-month chart
              ATW          34.75         19%         .27            .192          12-month chart    6-month chart
              CLR           45.78         19%         .28            .486          12-month chart    6-month chart
              PKD            3.68          19%         .28            .258          12-month chart    6-month chart
              
                             6-month NOG chart with 5-dma and volume

================================================================
                                   OLDER HOTLINES
================================================================

          2/6/2015   Peerless Buy B9  But a trading range between 17000
               and 18000 must, I think, be assumed, until the DJI, the SP-500 and
               the NASDAQ can breakout above their well-tested flat resistance
               lines.   Crude Oil keeps rising, but Gold got clipped by how the Jobs'
               Report seems to have made a Fed Rate hike more likely.  Gold and
               NUGT should return to favor if Greece starts to default on its debts
               and if the Euro's future is thereby called into question.   The Dollar
               has started another surge.  The Biggest importing Retailers would
               seem to be the biggest beneficiaries as long as Crude Oil does not
               rise too much.

               With the ratio of NASDAQ new highs to lows still low and the ratio lower 
               than the comparable NYSE ratio, traders should consider employing the
               numerous short-term Tiger trading tools.  See the Documents I posted
               for Tiger Users at our San Diego meeting this weekend.   I will be posting
               more materials and some new programs for very short-term traders later
               this coming week.  (For example, one of our local Tigers thought it would
               be handy to see statistics on how a stock or a group of stocks behave after an
               opening, say, one percent above or below the previous close.  Great idea.)

               A retreat from the 17900-18000 resistance in the the DJI seems a reasonable
               prediction.   See below how (red) down-day volume was higher than the
               (blue) volume on its two previous up-days.



   

                                             The Effects of The Jobs' Report
     
               Just look at how the market reacted on Friday to a really super January Jobs
               report that boosted the jobs' numbers very significantly for last November and
               December, too.  I would ask if the stock market cannot go up on such very good economic
               news, what will it do if news is not so good?  How the market reacts to seemingly
               very bullish or very bearish news is often a very good clue about its futures
               intentions.

               The Closing Powers are still rising for DIA, SPY and QQQ.  Perhaps, Friday's
               selling will not stop the DJI from reaching 18000.  We must watch to
               see whether Professionals become net sellers next week.  This is why we
               watch the Closing Powers.

                         Why would traders sell on such good economic news?   

               First, the DJI,  NASDAQ, SP-500 have reached well-tested flat resistance.
               Flat DJI trading ranges have often lasted 8 months.  See the set of materials
               I presented for the Tiger User Group meeting on Saturday.

               Second, short-term trading is growing as a percentage of all volume
               and Professionals need to lock in profits when they have them.  

               Third, the stock market has been anticipating 5% unemployment again
               for a long time.  That is why it has been rising, after all, for five years. 
               This is the FED's full employment goal.

               Fourth, and most important, the good Jobs' Report now gives the FED
               an excuse to raise rates, especially now that wages are starting
               to rise faster than productivity.  See the TNX chart of rates on the
               10-year Treasuries.   The big jump in rates on Friday spooked many
               over-extended REITs.  With a rate hike over-hanging the market
               sometime this Summer, or maybe sooner now, many dividend stocks
               will now have a much harder time rallying.  We must watch the NYSE
               A/D Line for signs of new selling in the many dividend stocks there.
               Mining stocks also got clobbered at the prospects of higher interest rates
               and a stronger Dollar.

                          The Friends of A Strong Dollar Stocks
                                 Liked Friday's Economic News

               Not all stock groups turned down on Friday.  A very strong Dollar
               is a real boost to bank stocks.  The real mission of the FED is, after all,
               to make the big banks that run the FED maximally profitable.  Raising rates
               lifts the Dollar, thereby making hot foreign money seek the US as
               a haven against local falling currencies.  In addition, a strong Dollar increases
               the world's dependence on US financing and US financial institutions,
               much to Wall Street's delight.  

               But Big Bank stocks may not be helped as much as by the prospects
               a Stronger Dollar as Big Retail stocks are who can thereby buy foreign
               goods more cheaply for their stores.  This is because the prospects of a
               Greek default on its debt raises all sorts of dangerous possibilities and
               precedents for Europe and also for US banks who own the bonds of Greece,
               Spain and Italy.  Higher rates would hurt consumers more if the big banks
               has passed on their own cheap borrowing costs to consumers.  But they
               have not.  Meanwhile, the still very low oil prices have put an estimated
               $100 billion more in American consumers' pockets since last Summer.

Tiger Index of Big Banks

Tiger Index of Four Biggest Importing Retailers:                                              Wal-Mart, Target, Costco and Home Depot

================================================================
                                         OLDER HOTLINES
================================================================

          2/5/2015   Peerless Buy B9  The DJI seems headed for 18000.
               The NYSE Volume has fallen for two days, so the Jobs Report tomorrow may
               not be positive enough to let the DJI get past this round number resistance.



               When looking at the Jobs' numbers for January, we want to compare
               the most recent number with December's +252,200.  The
               most recent 3 months have averaged 289,000. See Jobs Report  A number
               lower than 235,000 would be a sign that the economy is slowing down. 
               This is something a market nearly at 18,000 cannot, I think, afford to see.
               The budget battle between the austerity-minded Congress and the
               pro-public works President could cause the market to reverse later in February.

               But as long as the Closing Power for SPY is rising, Professionals are
               still bullish.  So, should we be.

      

 
               Meanwhile, I expect QQQ, Crude Oil and NUGT to continue to rise.  NUGT
               slightly broke its well-tested 6-month downtrend.  Now we get to see if
               if can surpass 21 and complete a very bullish looking inverted
               head/shoulders.   Volume will need to pick up to accomplish this.

               Breadth has been excellent.  We see this in the increasing number
               of industry groups having 60% or more of their stocks above the
               65-day ma:  Autos 65%. Biotechs 64%. Bonds 98%. Chemicals 76%.
               Computers 71%. DJI-30 50%. Mining 75%. Home-Building 80%.
               Military 75%.  Reits 89%.  Retail 74%.  Russell-1000 63%.
               Semi-Conductors 65%.  Software 67%.  Solar 65%.  SP-500  60%.
               Domestic/Foreign Utilities 63%.  The ratio of new highs to new lows
               remains much higher on the NYSE.  So, this is far from a speculative
               market.  

               That should give the market considerably more upside if policy-makers in
               Washington do not repeat the austerity mistakes of Europe in the
               last few years and the US in 1937 AND provided the Obama Administration
               does not keep poking the motherly Russian bear too much for
               protecting Russian speaking separtists in SE Ukraine from attacks by the
               Ukrainian government the US played a big role in setting up.  
              

          


================================================================
                                            OLDER HOTLINES

          2/4/2015   Peerless Buy B9  The DJI seems headed for 18000.
               The DJI got back above its rising 65-dma.  We have to be impressed
               with the new high made by the A/D Line.  Our Accum. Index (IP21)
               has made a new recovery high.  The 5-day ma ANROC momentum
               indicator continues to rise.  Higher prices should follow, but it's not
               clear if there is enough volume for the DJI to get past its 17850
               short-term resistance at its 6 month down-trendline.




               We will need a big increase in volume to eat up the over-head supply of
               stock there and at the recent peaks in the other indexes and ETFs. 
               DJI should reach 18000.   SPY seems to be trapped in a range of
               bounded by its 1.5% upper and lower bands, 199 - 206. QQQ's
               range using these parameters is 100-106.

                                            NUGT and CRUDE OIL

               We want to watch NUGT for a possible breakout past its 6-month price
               downtrendline.   This will take more upside-day (blue) volume, too.
               There is a good chance here, I think, that a breakout above the 6-month
               down-trendline will lead to a breaking then of the overhead neckline,
               thus completing a bullish inverted head/shoulders.  This should send NUGT
               much higher.  I would think that a rupture in the Greece-EURO negotiations
               would be a catalyst for this.  So might more US intervention in SE Ukraine.

               Despite Crude Oil's big drop today, I suspect we have seen the bottom.
               If you own it, you may want to see the price recoveries that were made after
               other earlier bottoms.  The break by the TigerSoft Closing Power is
               the key here.  It would take more of a rally and then a reversal pattern to
               get me to think we will see significantly lower prices. See our study.

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                             OLDER HOTMAIL
-------------------------------------------------------------------------------------------------------------------------------

          2/3/2015   Peerless Buy B9  After more backing and filling, the
               DJI should reach 18000.  Since 1980, recoveries by Crude Oil like
               the one now mostly cause the DJI to go sidewise. 

               Today the ratio of NYSE advances to declines rose to 3.8:1.  This elevates
               the probability to 75% of a rally by the DJI back to 18000, if we trust
               comparable rebounds and breadth ratios in the first two days of the
               turn-arounds since 2009.  (See earlier Study.)   Even so, more backing and
               filling seems probable.  

               Though Biotechs were weak today, I believe QQQ is a good play now. 
               It must, however, get past two resistance lines, price and Closing Power
               and, of course, not rupture its well-tested support. 

                      QQQ now needs to surpass its price and CP downtrendlines.
               


                                      Rising Crude Oil and Hopes That
                          The Greek Government Will Not Default on Its Debt
                          Have Boosted the DJI +3.4% in The Last Two Day.

               The break in the Closing Power downtrendline has once again forewarned
               of a bottom in Crude Oil.  The falling 65-dma 10% higher would seem to be
               its natural target now.  That should continue to boost XOM and CVX in
               the DJI.  This is the NY Times story that might be causing Oil to rise.

Saudi Oil Is Seen as Lever to Pry Russian Support From Syria's Assad

By MARK MAZZETTI, ERIC SCHMITT and DAVID D. KIRKPATRICK

Talks have centered on persuading President Vladimir V. Putin to stop backing the Syrian president, officials said,
in return for moves to raise the price of oil, which could bolster Russia's economy.

                        The Basis of The Bank Stocks' Rally Seems Uncertain

               The big bank stocks in the DJI-30 have been the other big two-day gainers. 
               The news is that the European bankers and the new Greek Government are
               still talking about ways to prevent a default on Greek Government debt,
               something which would be costly to big bankers in the US, too, especially
               if Greece then left the Euro zone and on it own got back on its financial feet
               after a sizeable currency devaluation.   If that were to happen, Spain and
               even Italy might elect to follow Greece's course.  Back in 2008, this is path
               that Iceland took.  Iceland survived and recovered without the need to follow
               the crippling austerity demands that would otherwise have been forced on it by
               big banks and the IMF.

                                        Seasonal and Technical Problems

               Seasonality is not so bullish.  Since 1965, the DJI has risen only 52.2%
               of the time over the next week.  And despite the big jump today, volume
               was lower today than it was yesterday.  It would also be more bullish if SPY
               was facing its downtrend-line resistance and the (blue) 65-dma below with
               more short-term upward momentum.  See in the chart below how the 5-day
               ma is rising only at an annualized 51.7% rate.  Back in September last year
               when SPY reached the rose above it, the 5-dma AROC was four times higher. 


            
               "Clinching" Has Become Too Expensive"
                              Trading General Market ETFs.

              It sure seems that we can no longer afford to wait for one or more
              of our short-term indicators to turn up to turn upto clinch a Peerless
              Buy signal.   I think we'll have to buy at price support, like the "sweet
              spot" between the 30-week ma and 200-day ma, when a Peerless
              signal is operatiove or has occurred and place stop sell order 1%
              or 2% below.  The  +3.4% gap up between 2:00 PM EST Monday
              and the opening Tuesday just makes too expensive waiting for
              indicators like like the 5-day ma ANROC momentum, 6-day Inverters'
              Traders Index or even the Closing Power to turn up. 
  




                                               NUGT Trading

               The 3x-leveraged ETF, NUGT, failed to get past its 6-month downtrendline. 
               But a declining dollar and rising oil prices should be a boost for Gold. 
               NUGT can be traded by buying it back to its lower 5% band and 10% bands
               around its 5-day ma.  As long as it is above its (blue) 65-dma in the 6-month
               chart below, I think this offers much more upside potential than downside risk. 



================================================================
                                           OLDER HOTLINES
================================================================

               2/2/2015 Peerless Buy B9 Buy QQQ, Crude Oil and NUGT. 

                      The DJI bounced up 200 in the last hour after successfully testing 17000,
                      its rising 200-day ma and the rising 149-day ma for most of the day. Today's
                      ratio of NYSE advances to declines, 2.68:1, was not quite strong enough by
                      itself to cause us to trust the rebound. 
                      (My study of the successful reversals since 2009 suggests a ratio of 3:1
                      is the minimum needed to get a 75% degree of confidence that the DJI
                      will rally up to the upper band or higher. )

                      More evidence of a significant reversal from the 17000 support level
                      apart from the rising A/D Line would be a big help here.  For that
                      I would trust that the 5-day AROC momentum tool has turned up. 
                      Though only a short-term tool, you can see below that it has been
                      reliable this past year.  So, the late rally today should continue.
                          (This tool is now available for downloading on the Tiger ESP Page.)

                                        DJI has rebounded from "Sweet Spot"
                                        It still may not get past the downtrending
                                        resistance now at 17750.


                     
                      Tomorrow I would expect to see the breaking of the downtrend-lines
                      in the Closing Power for DIA, SPY, QQQ and FAS.   They did turn up
                      today already.  Such CP down-trend breaks would confirm the
                      market's turn-around.  But the question would remain:
                            How much of a rally can we get when the leadership consists
                            of bonds, REITs and ETFs, especially as recent rallies have all been
                            quickly snuffed out? 

                     In this environment, we must watch the daily volume closely for
                      the general market and for these key ETFs'.    Volume that rises day-
                      to-day and is higher than the previous down-day's volume is vital
                      if overhead resistance is to be eaten up.  Without it, the next rally
                      will probably not be more than 3% and the resistance line in the DJI
                      chart will probably turn the DJI back downward. 

                     I think we must play QQQ on the long side now.   We may be
                      pleasantly surprised.  The beginning of February last year was
                      a good time to buy.  With 17000 support holding up, we have to
                      play the long side now.  But we can do more now than simply
                      "hold and hope" for a decent rally. 

                      Our new 150-day volume charts for DIA, SPY and QQQ (below) show
                      volume more clearly.  We can more easily compare each day's volume
                      with the previous day's.   In addition, we can use the 5-day ma and
                      its bands to set upside objectives, especially if volume seems to be
                      waning on a rally.   On the other hand, if daily volume rises sharply
                      on the advance, 18000 on the DJI should again be achieved. 

                       Note that today's up-day volume fell compared to Friday's down-day
                       volume for the DJI, DIA and SPY.  It did rise for the QQQ.   Accordingly,
                       I would think that  QQQ will be the best  "long" play now.  Volume rose
                       very slightly for FAS.  See this in the charts below.                    

                                                    Buy Crude Oil and NUGT

                      More interesting for bulls now is Crude Oil and our favorite oil stock, APA.
                      The Gold Mining ETF, NUGT, looks quite appealing too, provided it can
                      continue to advance on rising volume.  APA could soon rise above
                      its 65-dma, but its volume will need to pick up.

                      NUGT has a good chance of breaking out over 21 and even surpassing
                      the neckline in its inverted head/shoulders.  So, watch its volume closely.
                      If that happens, NUGT would then have a target of 35, almost double
                      current levels.
                                (See last night's study of how typical the current Crude Oil bottom
                                 is when compared to its earlier bottoms since 1980.)

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                                       OLDER HOTLINES
-------------------------------------------------------------------------------------------------------------------------------

              1/30/2015       Peerless Buy B9  The DJI is testing 17000
                      and its rising 200-day ma.  It closed in the "sweet spot" between
                      the rising 149-day and 200-day ma.  The new 5-day ma annualized
                      rate of change shows the DJI to be oversold, but the momentum
                      with this remains quite negative, -145.2%. (See DJI chart below).

                      With the A/D Line still in an uptrend,  we would normally expect
                      an upwards reversal from 17000.   Breadth of better than 3:1
                      on the upside will be needed to make such a reversal look
                      credible and compelling now.   

                      The main problem now is how each recent rally has quickly been
                      snuffed out.  How much upside potential is there?  Wouldn't
                      it be better to see the current price-downtrends be broken. 

                      Another problem: the DJI has now gone almost 6 years without a
                      decline of more than 17%.  We have to expect selling in blue chips
                      by long-term investors when these stocks individually break their
                      long uptrends. 

                      Next problem: when rallies are led by defensive stocks, bonds,
                      REITs and utilities, how safe can more speculative stocks be?
                  
                      Technically, there remains the problems of all the recent red Distribution,
                      the many Tiger Sell S9s on so many key charts and the steadily
                      heavy red down-day volume in DIA and SPY.  

                      One might consider buying call options on the oversold OEX.
                      But its CCI is not below 150 (moderately oversold) and the flat
                      support may still be violated.  This would set up a much bigger
                      decline.  

                      So, taken altogether,  I see no reason to call a bottom until the
                      Closing Power downtrendlines are broken or the ratio of advances
                      to declines on the rebound is better than 3:1.

                      See the heavy red down-day volume in the new TigerSoft 6-month
                      trading chart of the DJI.  (This is the second chart below.)  I offer
                      a new discussion of short-term trading using the 5-day ma with
                      bands and daily red (down-day) and green (up-day) volume.



                                   6 Month Short Term Trading Chart on DJI
                                 5-day ma with bands and volume at bottom.





                      Crude Oil's Closing Power has broken its downtrend.  Historically,
                      this is what it takes to make a bottom.   See the  new study of previous
                      Crude Oil bottoms and how they similar they are to what has just
                      occurred when we focus on the break in a long Closing Power
                      downtrend.   See my new Crude Oil study.  Some of you may find company's
                      offering long term options that lock in current crude oil prices.  These sound
                      very interesting.