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          A Guide To Profitably Using The Tiger Nightly HOTLINE
             Introduction to Tiger/Peerless Buys and Sells.
            Peerless Buy and Sell Signals: 1928-2016
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        http://tigersoftware.com/PeerlessStudies/Signals-Res/index.htm
      http://www.tigersoft.com/PeerInst-2012-2013/  
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 Different Types of TigerSoft/Peerless CHARTS, Signals and Indicators
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              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. 
          ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

1/19/2016 ---> Corrections,Deeper Declines and Bear Markets since 1945.
1/21/2016  ---> High Velocity Declines since 1929
2/12/2016  ---> Presidential Elections Years and Bullish IP21 Positive Non-Confirmations at Lower Band.
2/12/2016  ---> OBV NNCs on DJI's Rally to 2.7% Upper Band when DJI's 65-dma is falling.
11/6/2016  --->   Killer Short Selling Techniques:   ===> Order Here ($42.50)
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                               Introduction to Tiger/Peerless Buys and Sells.
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             New TigerPeerless Installation and Basic Uses' Instruction 
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               Study- Trading SPY WITHOUT Peerless -  Some Guidelines.
                                                When completed this will be a new Tiger Trading E-Book. 
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               Study- 9/3/2017 TigerSoft (not Peerless) charts of Major Tops as they occurred.

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====================================================================
====================================================================
           6/25/2018    The operative Peerless signal remains a Sell S9V. Stay short DIA.
                               There were a number of bearish technical developments that suggest
                               a deeper decline than just to the lower 3.5% band at 24000.

                               The DJI has fallen back to its rising 200-day ma.  That should bring
                               in some automatic buying.  If it does not, that will be a bearish sign.
                               Without a Peerless Buy signal, I think we must just stay short DIA.

                               The NYSE A/D Line broke its uptrend-line.  I have been warnng that
                               this could unleash a new round of selling in groups that have held up
                               to this point.  Tech stocks were particularly weak today.  See the
                               NASDAQ chart below.  AAPL now shows a bearish H/S.  Even
                               mighty AMZN got hit hard.  Value-Investing is now on the defensive,
                               judging from the breakdown in Berkshire Hathaway's stock below
                               very well-tested support. See its chart further below.  Mergers may be
                               in trouble, considering how weak oil refiners have been for the last week
                               or two.  And the big bank stocks are close to serious breakdowns.  See
                               the charts of BAC and JPM below.

                               All this weakness will likely make it hard for the DJI and the market
                               to put in a bottom until prices go lower.
                              
                              




                              As was expected, because this is what happened in 2000 and 2008,
                              the NASDAQ and QQQ are playing "catchup" with the DJI's downside.




                              
                                We may or may not get a Peerless Buy B2 signal at 24000 and the lower 3.5%
                                band.   We will have to wait and see.   But there's no getting around the
                                signs that both Big Money and Professionals are beating a hasty retreat
                                from the blue chips and there are ample precedents for the DJI leading
                                the entire market lower.  (This has been a running theme in recent Hotlines.)

                               Whether it is the fears of a wild and unpredictable gunfight in the arena
                                of international trade or its the growing sense that the Debt held by the US
                                Government, by US Consumers and by folks buying houses, car loans or
                                paying off their student loans is reaching unsustainable levels, we will
                                find out.  Either of these high anxieties are enough to bring profit-taking.
                                And the profit-taking is now causing real technical damage. Moreover,
                                I can't help noting the reports that debt delinquncies are on the rise.  This also
                                occurred in 2007.  And it was big Bank stocks' tops back then that
                                were the first important signs of big trouble.  Moreover, the Dollar
                                broke its uptrend today. Is this a sign that China may be selling a lot
                                more US Treasuries?

                                Look belolw at how JPM and BAC are sitting precariously at their
                                well-tested flat price-supports.  If  these key bank stocks do what CAT
                                and Bershire Hathaway did today, they will break below their key supports. 
                                That will bring about a new wave of technical selling.  And if the mutual funds,
                                as a result of this, start loading up on leveraged Index shorts as insurance
                                against a  much bigger decline, then we are bound to see a test of the
                                February lows at 23400-23500.

Charts 6/25/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/25/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/625/BULLISH.htm                                        Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/625/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 06/25/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- DIA 242.31 -3.38 246.88 -150.4% Bearish RED .04 ------ --------------------------------------------------------------------------------------------- COMPQX 7532.01 -160.81 7725.58 -139% ---- RED .232 .065 --------------------------------------------------------------------------------------------- SPY 271 -3.74 275.5 -100.9% Bearish RED .126 .027 --------------------------------------------------------------------------------------------- QQQ 171.37 -3.95 176 -145.6% ---- RED .189 .067 --------------------------------------------------------------------------------------------- MDY 356.52 -5.16 362.14 -84.7% ---- RED .105 .046 --------------------------------------------------------------------------------------------- IWM 165.08 -2.74 168.61 -104.3% ---- RED .233 .078 --------------------------------------------------------------------------------------------- FAS 63.82 -2.25 66.77 -277% Bearish RED .007 .024 --------------------------------------------------------------------------------------------- RETL 44.98 -2.01 46.15 -75.8% ---- RED .061 .379 --------------------------------------------------------------------------------------------- SOXL 146.78 -14.22 168.59 -830.6% Bearish RED .245 -.02 --------------------------------------------------------------------------------------------- TECL 133.19 -8.78 145.83 -529.1% ---- RED .243 .133 --------------------------------------------------------------------------------------------- IBB 110.2 -2.03 112.04 -10.2% Bullish RED .224 .045 --------------------------------------------------------------------------------------------- GLD 119.89 -.45 120.8 -50.6% Bearish RED -.34 -.054 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .067 --------------------------------------------------------------------------------------------- OIH 25.5 -.68 25.8 -79.4% Bearish RED -.081 -.025 --------------------------------------------------------------------------------------------- GASL 22.03 -1.45 22.21 77.5% Bearish RED -.047 .156 --------------------------------------------------------------------------------------------- UGA 32.74 -.29 32.63 -9.2% ---- BLUE -.143 -.001 --------------------------------------------------------------------------------------------- UUP 24.86 -.04 25.04 -22% Bullish ---- -.019 .061 --------------------------------------------------------------------------------------------- IEF 102.25 .14 102.14 18.1% ---- ---- -.088 .002 --------------------------------------------------------------------------------------------- XLU 51.59 .84 50.19 188% Bullish BLUE .087 .041 --------------------------------------------------------------------------------------------- WEAT 6.28 -.13 6.31 -117.3% Bearish ---- -.104 -.027 --------------------------------------------------------------------------------------------- YINN 26.11 -1.66 29.48 -858.8% Bearish RED .133 -.236 --------------------------------------------------------------------------------------------- RSX 20.86 -.02 20.3 141.6% ---- BLUE .015 .029 --------------------------------------------------------------------------------------------- AAPL 182.17 -2.75 185.69 -176.4% Bearish RED .006 .048 --------------------------------------------------------------------------------------------- GOOG 1124.81 -30.67 1168.06 -208.8% Bullish RED .184 .098 --------------------------------------------------------------------------------------------- MSFT 98.39 -2.02 100.86 -122.2% Bearish RED .021 .062 --------------------------------------------------------------------------------------------- AMZN 1663.15 -52.52 1734.78 -175.2% ---- RED .175 .168 --------------------------------------------------------------------------------------------- FB 196.35 -5.39 197.49 -48.9% Bullish RED .252 .199 --------------------------------------------------------------------------------------------- NVDA 239.12 -11.83 260.17 -501.1% ---- RED .093 .038 --------------------------------------------------------------------------------------------- BA 331.2 -7.71 341.12 -343.1% Bearish RED -.095 .011 --------------------------------------------------------------------------------------------- GS 221.54 -4.48 228.32 -215.9% Bearish RED -.132 -.129 --------------------------------------------------------------------------------------------- HD 196.38 -1.03 199.21 -108.1% Bullish RED .233 .142 --------------------------------------------------------------------------------------------- CAT 136.58 -3.36 143.3 -423.3% Bearish RED -.247 -.086

Table 2 Count of Stocks in Key Directories 20180625 ------------------------------- NEWHIGHS 65 NEWLOWS 109 Bearish MAXCP 29 MINCP 258 Bearish TTTNH 41 TTTNL 471 Bearish FASTUP 73 FASTDOWN 214 Bearish CPCROSSA 25 CPCROSSD 168 Bearish BIGVOLUP 3 BIGVODN 14

Table 3 Count of Stocks and New Highs in Key Tiger Directories Date = 180625 No. NHs Pct. ------------------------------------------------------------------- ------------------------------------------------------------------- MAXCP 29 21 72 % UTILITY 41 4 10 % BEVERAGE 20 1 5 % SOLAR 21 1 5 % RETAIL 52 2 4 % GREEN 30 1 3 % REIT 173 5 3 % BIOTECH 410 9 2 % CHEM 62 1 2 % CHINA 61 1 2 % FIDSTKS 186 3 2 % SEMI 128 2 2 % SP500 477 8 2 % ELECTRON 175 2 1 % NASD-100 89 1 1 % OILGAS 157 1 1 % RUS-1000 819 10 1 % SP-100 94 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180625 No. NLs Pct. ------------------------------------------------- FOOD 9 3 33 % MINCP 258 60 23 % PIPELINE 7 1 14 % HOMEBLDG 17 2 12 % ETFS 61 6 10 % JETS 10 1 10 % SOLAR 21 2 10 % CHINA 61 5 8 % DJI-13 13 1 8 % FINANCE 90 6 7 % GAMING 28 2 7 % AUTO 40 2 5 % ELECTRON 175 9 5 % SEMI 128 7 5 % BIOTECH 410 17 4 % COMODITY 56 2 4 % COMPUTER 23 1 4 % GOLD 50 2 4 % HACKERS 23 1 4 % DOWJONES 30 1 3 % FIDSTKS 186 6 3 % INFRA 34 1 3 % INSURANC 31 1 3 % MILITARY 37 1 3 % NIFTY 29 1 3 % OILGAS 157 4 3 % RUS-1000 819 22 3 % SP500 477 12 3 % CHEM 62 1 2 % SOFTWARE 64 1 2 % SP-100 94 2 2 % UTILITY 41 1 2 % BONDFUND 111 1 1 % INDMATER 82 1 1 % INDEXES 189 2 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/25/18 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .93 .936 .919 .919 .901 .913 RETAIL .846 .846 .865 .903 .865 .865 BEVERAGE .75 .7 .6 .65 .6 .55 REGBANKS .709 .87 .838 .838 .838 .838 NIFTY .689 .827 .862 .862 .758 .793 UTILITY .682 .609 .56 .536 .512 .365 GUNS .666 .666 .666 .722 .666 .666 COMPUTER .652 .695 .695 .782 .782 .782 COAL .625 .75 .875 .75 .75 .875 NASD-100 .606 .685 .685 .764 .674 .73 DOWJONES .6 .6 .433 .6 .633 .666 CHEM .596 .612 .596 .629 .629 .677 SP-100 .595 .627 .553 .638 .638 .659 SP500 .587 .631 .607 .666 .643 .67 RUS-1000 .586 .648 .623 .684 .667 .688 SOFTWARE .578 .703 .75 .781 .781 .796 EDU .571 .714 .571 .714 .714 .714 GAMING .571 .678 .714 .714 .678 .678 HOSPITAL .571 .857 .857 .857 .857 .857 PIPELINE .571 .714 .571 .714 .714 .714 BIOTECH .57 .634 .612 .665 .614 .624 INDEXES .56 .629 .582 .645 .645 .634 FIDSTKS .553 .618 .586 .666 .655 .672 OILGAS .535 .675 .573 .687 .643 .687 BONDFUND .531 .585 .576 .495 .522 .405 HACKERS .521 .608 .695 .695 .695 .695 FINANCE .511 .644 .611 .622 .6 .666 N=27 =========================================================================================== GREEN .466 .533 .533 .566 .6 .633 ELECTRON .462 .582 .605 .628 .6 .651 BIG17 .456 .5 .565 .608 .565 .565 MILITARY .432 .567 .513 .594 .54 .648 AUTO .425 .525 .55 .6 .575 .625 SEMI .421 .554 .57 .617 .578 .632 HOMEBLDG .411 .411 .47 .47 .47 .47 TRANSP .4 .5 .65 .75 .65 .75 INDMATER .39 .56 .5 .536 .56 .609 INFRA .352 .588 .411 .558 .529 .676 DJI-13 .307 .461 .23 .461 .461 .538 GOLD .26 .32 .28 .3 .3 .36 INSURANC .258 .354 .29 .387 .483 .419 SOLAR .238 .285 .333 .285 .285 .285 COMODITY .214 .303 .214 .25 .214 .321 CHINA .213 .278 .262 .311 .295 .459 BIGBANKS .142 .142 .142 .142 .142 .142 JETS .1 .2 .5 .6 .6 .7 ETFS .081 .131 .098 .131 .098 .196 FOOD 0 .111 .111 .111 .111 .222 N=20

====================================================================
            6/22/2018    The operative Peerless signal remains a Sell S9V. Stay short DIA.
                                Avoid being long over-extended stocks whose Closing Power uptrend is
                                broken.   QQQ's Closing Power uptrend was violated on Friday.
                                Professionals have become aggressively more bearish.  The number of
                                MINCPs is more than twice the number of MAXCPs.

                                How is this for a short sale?  Look out below, Warren. (Chart added Monday AM)



                                There should be good support at 24000, but we must wait for a new
                                Peerless buy signal to take more than trading positions or to cover our
                                DIA short sales.  Keep in mind, how much weaker the DJI and DIA have
                                been than most other ETFs.  See Table 1 below. 

Charts 6/22/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/22/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/622/BULLISH.htm                                      Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/622/BEARISH.htm

                                                                Warning Signs

                                An increasing number of important and previously leading stocks
                                made false breakouts last week and then turned down sharply. 
                                See the chart of CDNA, CRM, GOOG and INTU for example
                                here:    http://tigersoft.com/4XXH/WARNING/WARN622.htm
                                On this page, you will see a number of stocks have developed bearish
                                head/shoulders top patterns. Examples: AXP, CSCO, CTXS, EXPD,
                                FL and NKTR.  We must also watch to see if the big bank
                                stocks, BAC, JPM and GS break below the well-tested support-lines
                                they are approaching and if IBM and AAL (American Airlines) breakdown
                                below the key support level that they are approaching.



                                History teaches us that the DJI can lead the general market down.
                                See the 1977, 2001 and 2002 charts in the 6/21/2018 hotline below.
                                A break in the NYSE A/D Line is what seems to let the air out of the
                                technical balloon.  Moreover, we know from the experience of 2000
                                and 2007 that the NASDAQ can top out a month or two after the DJI,
                                following which it then collapses more quickly than the DJI.  Biotechs
                                could be a haven for money coming out of blue-chips, but they, too,
                                could crash and burn if the market's bubble is broken, as it was in 2000
                                and 2008.

                                The bulls will tell you that the earnings are still rising.  But that is mostly
                                a result of Trump's tax cuts and de-regulation.  I would suggest that the
                                bullish benefits of Trump's policies were widely anticipated in last year's
                                big advance, so new pro-Wall Street Trump policies are now needed to
                                spur on the bull market.  Starting a trade war with China is apt to have the
                                exact opposite effect and it is inflationary.  So, I would suggest that more
                                profit-taking is likely. 

                                And that is what Peerless tells us, too, though we may get a Buy B2 if the DJI
                                falls to the lower 3.5% band, which is now at 24000.  This will depend on the
                                internals of the market this coming week.  It could be just in time for a rally
                                near the normally bullish period right around July 4th.

                                But be care in here.  The eight trading days prior to Friday's bounce were
                                all down.  History teaches that a set of five to eight straight down days is more
                                than twice as likely to be leading to a significant decline than an intermediate
                                term rally.  See the numbers shown on Thursday night's Hotline. 

Table 1 QUICKSILVER on ETFS - 06/22/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- DIA 245.69 1.19 249.73 -102% RED .078 --- --------------------------------------------------------------------------------------------- COMPQX 7692.82 -20.13 7747.02 -34.6% RED .193 .074 --------------------------------------------------------------------------------------------- SPY 274.74 .5 276.56 -43.3% RED .177 .03 --------------------------------------------------------------------------------------------- QQQ 175.32 -.39 176.5 -47% RED .193 .077 --------------------------------------------------------------------------------------------- MDY 361.68 .31 362.66 -4.3% RED .167 .049 --------------------------------------------------------------------------------------------- IWM 167.82 -.56 168.6 .3% RED .188 .081 --------------------------------------------------------------------------------------------- YINN 27.77 .76 31.07 -718.1% RED .159 -.227 --------------------------------------------------------------------------------------------- SOXL 161 -3.82 174.7 -559.6% RED .16 .041 --------------------------------------------------------------------------------------------- TECL 141.97 -1.47 148.57 -215.2% RED .16 .185 --------------------------------------------------------------------------------------------- IBB 5050.79 69.1 5003.55 105.7% BLUE .157 .013 --------------------------------------------------------------------------------------------- GLD 120.34 .29 121.11 -41.4% BLUE .144 -.053 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% BLUE .159 .058 --------------------------------------------------------------------------------------------- OIH 26.18 .88 25.91 75.8% RED .143 0 --------------------------------------------------------------------------------------------- GASL 23.48 1.39 21.68 668.7% ---- .141 .263 --------------------------------------------------------------------------------------------- UGA 33.03 .98 32.8 101.8% BLUE .14 .003 --------------------------------------------------------------------------------------------- UUP 24.9 -.09 24.97 -14% ---- .139 .054 --------------------------------------------------------------------------------------------- IEF 102.11 .02 101.88 13.7% BLUE .132 -.007 --------------------------------------------------------------------------------------------- YINN 27.77 .76 31.07 -718.1% RED .147 -.227 --------------------------------------------------------------------------------------------- RSX 20.88 .44 20.28 125.1% BLUE -.034 .009

Table 2 Count of Stocks in Key Directories 20180622 ------------------------------- NEWHIGHS 118 Bullish NEWLOWS 34 MAXCP 69 MINCP 153 Professionals now are net bearish TTTNH 76 TTTNL 275 Day Traders are net quite bearish. FASTUP 123 FASTDOWN 137 CPCROSSA 86 CPCROSSD 99 BIGVOLUP 39 BIGVODN 126 Dumping is a growing problem for market makers. ACCUMVER 27 HIGHIP21 133 HIUPPCT 153 VHIP21 29 LOWACCUM 325 REDSELL 102 AUGSELS7 21 TRAPDOOR 13 Table 3 Count of Stocks and New Highs in Key Tiger Directories Date = 180622 No. NHs Pct. ------------------------------------------------------------------- ------------------------------------------------------------------- MAXCP 69 48 70 % BEVERAGE 20 2 10 % GREEN 30 2 7 % REIT 172 9 5 % SOLAR 21 1 5 % CHEM 71 3 4 % ELECTRON 175 7 4 % OILGAS 157 7 4 % RETAIL 52 2 4 % RUS-1000 819 29 4 % SP-100 94 4 4 % AUTO 40 1 3 % BIOTECH 410 14 3 % INFRA 34 1 3 % SEMI 128 4 3 % SOFTWARE 64 2 3 % SP500 477 15 3 % BIG17 48 1 2 % CHINA 61 1 2 % FIDSTKS 186 4 2 % GOLD 50 1 2 % INDMATER 82 2 2 % NASD-100 89 2 2 % UTILITY 41 1 2 % FINANCE 90 1 1 % INDEXES 189 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180622 No. NLs Pct. ------------------------------------------------- MINCP 153 25 16 % JETS 10 1 10 % UTILITY 41 3 7 % SOFTWARE 64 3 5 % BIOTECH 410 15 4 % GAMING 28 1 4 % HACKERS 23 1 4 % AUTO 40 1 3 % CHINA 61 2 3 % MILITARY 37 1 3 % NIFTY 30 1 3 % SEMI 128 4 3 % ELECTRON 175 3 2 % CHEM 71 1 1 % FIDSTKS 186 1 1 % INDEXES 189 1 1 % OILGAS 157 1 1 % RUS-1000 819 12 1 % SP500 477 4 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/22/18 Bullish = 35 Bearish = 11 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .936 .918 .918 .901 .912 .883 REGBANKS .87 .838 .838 .838 .838 .806 HOSPITAL .857 .857 .857 .857 .857 .857 RETAIL .846 .865 .903 .865 .865 .846 NIFTY .833 .866 .866 .766 .8 .8 COAL .75 .875 .75 .75 .875 .875 EDU .714 .571 .714 .714 .714 .571 PIPELINE .714 .571 .714 .714 .714 .571 SOFTWARE .703 .75 .781 .781 .781 .796 BEVERAGE .7 .6 .65 .6 .55 .65 COMPUTER .695 .695 .782 .782 .782 .782 NASD-100 .685 .685 .764 .674 .719 .73 GAMING .678 .714 .714 .678 .678 .714 OILGAS .675 .573 .687 .643 .687 .643 GUNS .666 .666 .722 .666 .666 .666 RUS-1000 .648 .623 .684 .667 .686 .693 FINANCE .644 .611 .622 .6 .666 .611 BIOTECH .634 .612 .665 .614 .626 .646 SP500 .631 .607 .666 .643 .666 .685 SP-100 .627 .553 .638 .638 .648 .67 INDEXES .624 .582 .645 .645 .64 .64 FIDSTKS .618 .586 .666 .655 .672 .688 UTILITY .609 .56 .536 .512 .39 .341 HACKERS .608 .695 .695 .695 .695 .739 DOWJONES .6 .433 .6 .633 .666 .7 CHEM .591 .577 .591 .605 .647 .633 INFRA .588 .411 .558 .529 .676 .617 BONDFUND .585 .576 .495 .522 .405 .396 ELECTRON .582 .605 .628 .6 .64 .697 MILITARY .567 .513 .594 .54 .648 .648 INDMATER .56 .5 .536 .56 .609 .597 SEMI .554 .57 .617 .578 .625 .679 GREEN .533 .533 .566 .6 .633 .633 AUTO .525 .55 .6 .575 .625 .575 BIG17 .52 .583 .625 .583 .562 .604 N=35 ============================================================================================== TRANSP .5 .65 .75 .65 .75 .7 ============================================================================================== DJI-13 .461 .23 .461 .461 .538 .538 HOMEBLDG .411 .47 .47 .47 .47 .588 INSURANC .354 .29 .387 .483 .419 .419 GOLD .32 .28 .3 .3 .36 .42 COMODITY .303 .214 .25 .214 .303 .321 SOLAR .285 .333 .285 .285 .285 .333 CHINA .278 .262 .311 .295 .459 .442 JETS .2 .5 .6 .6 .7 .6 BIGBANKS .142 .142 .142 .142 .142 .142 ETFS .131 .098 .131 .098 .196 .262 FOOD .111 .111 .111 .111 .222 .222 N= 11

====================================================================
            6/21/2018     The operative Peerless signal remains a Sell S9V.  The DJI is now 1.7%
                                 below its 21-dma.  It is not quite as far below this moving average as it
                                 was when the Sell S9-V was given.  It is the deeply negative V-I (now
                                 -91) that prevents a Buy B9 based on the positive breadth (P-I).  In fact,
                                 the DJI could fall 200-400 points lower tomorrow and given the same
                                 breadth and volume we saw today, Peerless would still give no new Buy
                                 signal. So, stay short DIA.

                                 We still do not have breaks in the NYSE ADL or the Closing
                                 Power uptrends for the NASDAQ, QQQ or IWM.  So, with the DJI
                                 down 8 straight days, a Friday rally would not be much of a surprise.
                                 But history shows the techs and broader market represented by the
                                 NYSE ADL are much more likely to falter unless the DJI can get a
                                 Peerless Buy signal to help it turn around meaningfully...

                                 The DJI has now fallen 8 straight days.  Is this a characteristic of
                                 corrections or the start of bear market?  Let's look at the most important
                                 tops.   The part of the study done tonight shows this can be a very
                                bearish development unless Professionals make a dramatic new move
                                to support prices as they did in 1929.  This is a sign of danger not
                                opportunity at this juncture, I would have to say at this point.  A one or
                                two day relief rally would probably not be significant.

                                           Lengthy Down-Day Streaks and Market Tops 

                                Each year's streaking behavior is different.    In 1/3 of the cases,
                                a streak of 5-8 days produces an oversold market condition and a good
                                intermediate-term rally follows.  Examples of this occurred in May 1929
                                (7 straight down-days),   June 1959 (7), May 1967 (6), Aug 1967 (5),
                                Oct-Nov 1968 (8), June 1972 (6),  Sept 1986 (6),  August 2007 (6),
                                Jan 2008 (5). N= 9

                                But a down streak of 5-8 days was soon followed by a serious decline in
                                more than twice as many cases: Aug 1937 (5), Aug 1941 (7,9 ),
                                Jun 1946 (5), July-August 1957 (5), Jan 1962 (5), Jan 1966 (5), May 1969 (5), 
                                May 1971 (5),  Sept 1971 (6), Jan 1973 (7),  Oct. 1973 (8), Sept. 1976 (7), 
                                March 1977 (8), Sept 1978 (7), Oct 1979 (5), June 1981 (8), Sept 1987 (5),
                                Aug 1990 (6), Jan 2000 (5), Oct 1987 (5) and Oct 2008 (8).
                                N=22
                                                          Three Cases Where Falling DJI
                                             Eventually Leads Overall Market Sharply Lower.

                                 When the DJI is leading the overall market lower, as it is now, there
                                  is tendency for the DJI to drop 2% - 3.5% below its 21-dma and
                                 then make a weak rally that quickly gives way.  The key lesson here is
                                 that once the NYSE A/D Line breaks its uptrendline, the overall market
                                 seems to quickly give way and catches up with the DJI on the downside.

                                              Watch the NYSE ADL Closely now. 


                                

                             Three Cases where DJI Leads ADL Lower.

                               1) December1976 and December 1977.



                                   a. DJI fell to 2% lower band on Feb. 10th 1977 and got a Buy B17
                                   and then rallied from  938  to 968, 2.6% over 21-dma and got a S9,
                                   whereupon it quickly fell to new lows.

                                   b. DJI fell to 2.7% lower band on April 5th 1977 and then rallied
                                   from 916 to 948 and 1.4% upper band, and then fell to new lows.
                                   There was no Buy or Sell signal here.

                                  c. DJI fell to 899, 3.1% lower band on May 27th 1977 where it got a
                                  B9 and B17.  It then rallied to 929, 1.8% over the 21-dma and got
                                  a Sell S9.  It then fell for four months, all the while staying a little above
                                  the falling 3.5% lower band.


                                 2.  The period from June to September 2001. In the
                                 DJI and ADL chart below see how the DJI led the ADL down
                                 from the end of August to 9/11.  In July and August 2001, the
                                 DJI could not close above the 0.7% upper band even though the
                                 ADL was making new highs.



                                 3. Second quarter of 2002.  Very low interest rates helped hold up
                                     bonds and some dividend-paying stocks which acted were acting
                                     as a haven from the on-going bear market.
                                
 

Charts 6/21/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/21/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/621/BULLISH.htm                                           Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/621/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 06/21/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- DIA 244.5 -1.96 250.74 -150.3% ---- RED .133 ----- --------------------------------------------------------------------------------------------- COMPQX 7712.95 -68.56 7746.38 -31% Bullish RED .375 .08 --------------------------------------------------------------------------------------------- SPY 274.24 -1.73 277.13 -81.1% Bullish RED .241 .029 --------------------------------------------------------------------------------------------- QQQ 175.71 -1.54 176.98 -53.4% Bullish RED .311 .085 --------------------------------------------------------------------------------------------- MDY 361.37 -2.55 361.99 -34.2% Bullish RED .286 .045 --------------------------------------------------------------------------------------------- IWM 168.38 -1.59 167.81 18.4% Bullish RED .373 .085 --------------------------------------------------------------------------------------------- FAS 66.57 -.43 67.35 -66.9% Bearish ---- .099 .055 --------------------------------------------------------------------------------------------- RETL 47.75 .17 44.11 469.1% Bullish BLUE .148 .396 --------------------------------------------------------------------------------------------- SOXL 164.82 -6.42 180.24 -450.4% ---- RED .353 .119 --------------------------------------------------------------------------------------------- TECL 143.44 -3.5 148.28 -211.7% Bullish RED .347 .233 --------------------------------------------------------------------------------------------- IBB 112.61 -1.29 111.26 55% Bullish RED .276 .058 --------------------------------------------------------------------------------------------- GLD 120.05 -.21 121.34 -137.2% Bearish BLUE -.263 -.074 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .051 --------------------------------------------------------------------------------------------- OIH 25.3 -.56 25.79 -229.1% Bearish RED .007 -.03 --------------------------------------------------------------------------------------------- GASL 22.09 -1.3 20.54 -61.3% Bullish RED .048 .157 --------------------------------------------------------------------------------------------- UGA 32.05 -.25 32.37 -212.5% Bearish ---- -.181 -.037 --------------------------------------------------------------------------------------------- UUP 24.99 -.07 24.97 0% Bullish ---- -.024 .053 --------------------------------------------------------------------------------------------- IEF 102.09 .27 101.83 16.7% ---- BLUE -.037 -.018 --------------------------------------------------------------------------------------------- XLU 50.4 .17 49.54 77.2% Bullish BLUE .076 -.004 --------------------------------------------------------------------------------------------- WEAT 6.45 .07 6.57 -146.9% Bearish ---- -.089 -.039 --------------------------------------------------------------------------------------------- YINN 27.01 -2.04 32.04 -909.2% ---- RED .187 -.249 --------------------------------------------------------------------------------------------- RSX 20.44 -.09 20.37 -61.2% Bearish ---- -.056 -.016 --------------------------------------------------------------------------------------------- AAPL 185.46 -1.04 188.84 -141.9% ---- RED .12 .065 --------------------------------------------------------------------------------------------- GOOG 1157.66 -12.18 1152.26 23.8% Bullish RED .255 .124 --------------------------------------------------------------------------------------------- MSFT 101.14 -.73 100.13 -13.9% ---- RED .065 .09 --------------------------------------------------------------------------------------------- AMZN 1730.22 -19.86 1715.97 18.4% Bullish RED .335 .202 --------------------------------------------------------------------------------------------- FB 201.5 -.5 195.85 118.4% Bullish RED .28 .201 --------------------------------------------------------------------------------------------- NVDA 257.11 -5.2 265.26 -185.6% Bullish RED .228 .126 --------------------------------------------------------------------------------------------- BA 337.66 -5.03 357.88 -351.9% Bearish RED -.036 .021 --------------------------------------------------------------------------------------------- GS 226.98 -.84 231.92 -144.6% Bearish BLUE -.004 -.113 --------------------------------------------------------------------------------------------- HD 200.31 1.23 200.54 16% Bullish BLUE .371 .148 --------------------------------------------------------------------------------------------- CAT 139.53 -3.6 150.02 -460.9% Bearish RED -.126 -.06

Table 2 Count of Stocks in Key Directories 20180621 ------------------------------- NEWHIGHS 121 NEWLOWS 94 MAXCP 61 MINCP 160 Professionals are net bearish. TTTNH 78 TTTNL 263 Day Traders are net bearish, FASTUP 99 FASTDOWN 126 Swing-traders are netbearish, CPCROSSA 27 CPCROSSD 149 Bearish shift by Professionals. BIGVOLUP 3 BIGVODN 9

Table 3 Count of Stocks and New Highs in Key Tiger Directories Date = 180621 No. NHs Pct. ------------------------------------------------------------------- ------------------------------------------------------------------- MAXCP 61 41 67 % EDU 7 1 14 % RETAIL 53 7 13 % BEVERAGE 20 2 10 % NASD-100 89 5 6 % REIT 172 9 5 % UTILITY 41 2 5 % BIG17 48 2 4 % COMPUTER 23 1 4 % GAMING 28 1 4 % HACKERS 23 1 4 % AUTO 40 1 3 % BIOTECH 407 14 3 % CHEM 62 2 3 % FIDSTKS 186 5 3 % GREEN 30 1 3 % REGBANKS 31 1 3 % RUS-1000 819 23 3 % SP500 477 15 3 % CHINA 61 1 2 % SOFTWARE 64 1 2 % SP-100 94 2 2 % ELECTRON 176 1 1 % INDEXES 189 1 1 % SEMI 128 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180621 No. NLs Pct. ------------------------------------------------- MINCP 160 46 29 % ETFS 61 11 18 % INSURANC 31 5 16 % FOOD 9 1 11 % CHINA 61 6 10 % JETS 10 1 10 % UTILITY 41 4 10 % AUTO 40 3 7 % MILITARY 38 2 5 % SEMI 128 7 5 % BIOTECH 407 15 4 % COMODITY 56 2 4 % ELECTRON 176 7 4 % GAMING 28 1 4 % GOLD 50 2 4 % HACKERS 23 1 4 % FIDSTKS 186 5 3 % FINANCE 90 3 3 % NASD-100 89 3 3 % NIFTY 29 1 3 % RUS-1000 819 24 3 % SP-100 94 3 3 % SP500 477 14 3 % BONDFUND 111 2 2 % INDMATER 82 2 2 % OILGAS 131 3 2 % SOFTWARE 64 1 2 % INDEXES 189 2 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/21/18 Bullish = 31 Bearish = 13 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .918 .918 .901 .912 .895 .877 COAL .875 .75 .75 .875 .875 .875 RETAIL .867 .905 .867 .867 .849 .83 NIFTY .862 .862 .758 .793 .793 .793 HOSPITAL .857 .857 .857 .857 .857 .857 REGBANKS .838 .838 .838 .838 .806 .838 SOFTWARE .75 .781 .781 .781 .796 .781 GAMING .714 .714 .678 .678 .714 .678 COMPUTER .695 .782 .782 .782 .782 .782 HACKERS .695 .695 .695 .695 .739 .739 NASD-100 .685 .764 .674 .719 .741 .73 GUNS .666 .722 .666 .666 .666 .611 TRANSP .65 .75 .65 .75 .75 .7 RUS-1000 .623 .684 .667 .686 .692 .7 FINANCE .611 .622 .6 .666 .622 .644 BIOTECH .609 .663 .611 .624 .636 .643 SP500 .607 .666 .643 .666 .683 .687 ELECTRON .602 .625 .596 .636 .687 .693 BEVERAGE .6 .65 .6 .55 .6 .65 CHEM .596 .629 .629 .677 .661 .677 OILGAS .587 .687 .648 .687 .648 .725 FIDSTKS .586 .666 .655 .672 .688 .693 BIG17 .583 .625 .583 .583 .583 .583 INDEXES .582 .645 .645 .64 .645 .698 BONDFUND .576 .495 .522 .405 .396 .405 EDU .571 .714 .714 .714 .571 .714 PIPELINE .571 .714 .714 .714 .428 .571 SEMI .57 .617 .578 .625 .671 .679 UTILITY .56 .536 .512 .39 .341 .292 SP-100 .553 .638 .638 .648 .67 .68 AUTO .55 .6 .575 .625 .575 .55 GREEN .533 .566 .6 .633 .633 .7 N=31 ------------------------------------------------------------------------------------------- INDMATER .5 .536 .56 .609 .597 .658 JETS .5 .6 .6 .7 .6 .5 MILITARY .5 .578 .526 .631 .631 .631 N=3 ------------------------------------------------------------------------------------------- HOMEBLDG .47 .47 .47 .47 .588 .588 DOWJONES .433 .6 .633 .666 .7 .733 INFRA .411 .558 .529 .676 .617 .764 SOLAR .333 .285 .285 .285 .333 .38 INSURANC .29 .387 .483 .419 .419 .419 GOLD .28 .3 .3 .36 .42 .64 CHINA .262 .311 .295 .459 .442 .475 DJI-13 .23 .461 .461 .538 .538 .615 COMODITY .214 .25 .214 .303 .321 .625 BIGBANKS .142 .142 .142 .142 .142 .142 FOOD .111 .111 .111 .222 .222 .333 ETFS .098 .131 .098 .196 .262 .36 N=13

 

====================================================================

            6/20/2018     The operative Peerless signal remains a Sell S9V.   Such a Sell signal
                                 usually brings a DJI decline to the lower 2.5% band, at the least.  Today the
                                 DJI could not manage a rally after 6 straight down days.  This must be
                                 dismaying to the bulls.  It suggests that the biggest investors, those who normally
                                 favor the safest blue-chips now see notable problems ahead for the market.

                                 Usually, as the DJI declines, so does the NASDAQ, QQQ and IWM. 
                                 But that has not been true of late.  Apparently, the multi-national blue chips
                                 in the DJI-30 are seen as much more vulnerable to Trump's accelerating
                                 trade wars.  But a big question now is can other corporations that
                                 cater mostly to US markets escape the consequences of a trade war? 
                                 Chinese imports are cheap.  Businesses and consumers will soon be paying 15%
                                 or more for lots and lots of imported items.  What makes the leading international
                                 tech stocks like AAPL, which are such a big part of the NASDAQ and QQQ,
                                 think that they will escape Chinese retaliation?  Wishful thinking, I would suggest.

                                 Tariffs on imports are inflationary and they create a lot of uncertainty.
                                 And what will happen  what if China increases its sales of more big chunks
                                 of its US Treasury holdings?  Surely, that will drive up interest rates, too, probably
                                 a lot more rapidly than the Fed is now talking about.  So, for all these reasons,
                                 we have to be concerned that the DJI-30 will lead the stock market, as whole
                                 lower.   As I've discussed, there is ample precedent for this.

                                 But, at least, for now the NYSE A/D Line remains in an uptrend.  Today, three
                                 of the biggest NASDAQ stocks, AMZN, FB and NFLX jumped to new highs.
                                 They are the NASDAQ's leaders.  We also still see the Closing Power for
                                 QQQ, IWM and IBB (biotechs) still rising.   Apparently these other sectors are
                                 enjoying the inflow of hot money coming out of the formerly strong DJI-30. 
                                 This can continue for a while. But when these other sectors finally do top out,
                                 they will likely drop very rapidly.

                                                          Biotechs Are Favored Now.

                                 I believe the most bullish action now is seen in Biotechs.  The Closing
                                 Power of IBB and BBH are rising strongly.  Traders see opportunities
                                 here because it is believed that tariffs will play a much smaller role with
                                 them.

                                 I noted today that 80% of the NASDAQ's best 20 performers today
                                 were in the biotech and biomedical field.  And nearly all of these leaping
                                 biotechs were over $5/share.  This is not the work of wild speculators.
                                 So, if you want to play the long side now, this is the group I would suggest
                                 looking at.  I posted charts tonight of a dozen, or so, biotechs showing
                                 attractive Accumulation and chart patterns.
                                 See them at http://www.tigersoft.com/BIO62018/BI0TECH.htm  
                                 Biotechs are of interest now because they topped out after the DJI in
                                 2007 and in 2000.  A number of them enjoyed very big advances
                                 in the last six months of the long 1991-2000 bull market.

Charts 6/20/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/20/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/620/BULLISH.htm                                         Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/620/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 06/20/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS ----------------------------------------------- --------------------------------------------- DIA 246.46 -.42 251.99 -114.3% Bearish RED .138 ---- --------------------------------------------------------------------------------------------- COMPQX 7781.51 55.93 7761.04 55.5% Bullish BLUE .385 .087 --------------------------------------------------------------------------------------------- SPY 275.97 .47 278.73 -37.2% Bullish RED .245 .031 --------------------------------------------------------------------------------------------- QQQ 177.25 1.25 177.6 40.5% Bullish BLUE .349 .089 --------------------------------------------------------------------------------------------- MDY 363.92 1.78 363.85 14.2% Bullish BLUE .271 .052 --------------------------------------------------------------------------------------------- IWM 169.97 1.36 167.76 92.3% Bullish BLUE .39 .098 --------------------------------------------------------------------------------------------- FAS 67 .23 67.47 -97.8% Bearish RED .086 .034 --------------------------------------------------------------------------------------------- RETL 47.58 1.43 43.49 321.2% Bullish RED .25 .379 --------------------------------------------------------------------------------------------- SOXL 171.24 2.65 180.59 -178.9% Bullish RED .371 .164 --------------------------------------------------------------------------------------------- TECL 146.94 1.11 149.7 4.1% Bullish ---- .348 .243 --------------------------------------------------------------------------------------------- IBB 113.9 1.86 111.38 153.4% Bullish BLUE .307 .068 --------------------------------------------------------------------------------------------- GLD 120.26 -.54 123.38 -120.1% Bearish RED -.284 -.064 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .051 --------------------------------------------------------------------------------------------- OIH 25.86 .06 26.49 -147.4% Bearish ---- -.009 .02 --------------------------------------------------------------------------------------------- GASL 23.39 1.18 22.36 56.9% ---- BLUE .015 .297 --------------------------------------------------------------------------------------------- UGA 32.3 -.33 33.44 -249.7% Bearish RED -.218 -.019 --------------------------------------------------------------------------------------------- UUP 25.06 .02 24.99 78.2% Bullish ---- -.004 .056 --------------------------------------------------------------------------------------------- IEF 101.82 -.32 101.75 19.2% ---- RED -.036 -.019 --------------------------------------------------------------------------------------------- XLU 50.23 .04 49.63 121.9% Bullish ---- .069 -.008 --------------------------------------------------------------------------------------------- WEAT 6.38 .07 6.64 -328.1% Bearish ---- -.099 -.054 --------------------------------------------------------------------------------------------- YINN 29.05 -.43 32.62 -618% Bullish RED .288 -.185 --------------------------------------------------------------------------------------------- RSX 20.53 .23 20.69 -75.6% Bearish ---- -.052 -.002 --------------------------------------------------------------------------------------------- AAPL 186.5 .81 190.8 -111.1% Bullish BLUE .138 .066 --------------------------------------------------------------------------------------------- GOOG 1169.84 1.78 1152.12 151.6% Bullish RED .253 .124 --------------------------------------------------------------------------------------------- MSFT 101.87 1.01 101.42 50.6% Bullish BLUE .081 .087 --------------------------------------------------------------------------------------------- AMZN 1750.08 15.3 1723.86 131.4% Bullish BLUE .374 .208 --------------------------------------------------------------------------------------------- FB 202 4.51 196.81 244.4% Bullish BLUE .272 .214 --------------------------------------------------------------------------------------------- NVDA 262.31 2.14 266.91 -1.7% Bullish BLUE .255 .141 --------------------------------------------------------------------------------------------- BA 342.69 1.57 362.42 -297.2% Bearish RED -.074 .013 --------------------------------------------------------------------------------------------- GS 227.82 -.5 233.65 -129.6% Bearish RED -.056 -.122 --------------------------------------------------------------------------------------------- HD 199.08 -.13 199.67 -30.7% Bullish RED .308 .137 --------------------------------------------------------------------------------------------- CAT 143.13 -.17 153.14 -386.1% Bearish RED -.117 -.044

Table 3 Count of Stocks in Key Directories 20180620 ------------------------------- NEWHIGHS 320 Bullish NEWLOWS 53 MAXCP 201 Pros are net bullish MINCP 96 TTTNH 156 TTTNL 144 FASTUP 132 Swing traders are net bullish. FASTDOWN 88 CPCROSSA 83 CPCROSSD 96 Pros may be switching to more bearish posture. BIGVOLUP 3 BIGVODN 8

Table 3 Count of Stocks and New Highs in Key Tiger Directories Date = 180620 No. NHs Pct. ------------------------------------------------------------------- ------------------------------------------------------------------- MAXCP 201 131 65 % EDU 7 3 43 % GREEN 30 5 17 % HOSPITAL 7 1 14 % HACKERS 23 3 13 % RETAIL 53 7 13 % SOFTWARE 64 8 13 % INDEXES 191 22 12 % FINANCE 90 10 11 % BEVERAGE 20 2 10 % BIOTECH 401 42 10 % BIG17 46 4 9 % NASD-100 89 8 9 % GAMING 28 2 7 % NIFTY 29 2 7 % FIDSTKS 186 12 6 % REGBANKS 31 2 6 % CHEM 62 3 5 % REIT 172 8 5 % RUS-1000 819 39 5 % COMPUTER 23 1 4 % SP-100 94 4 4 % SP500 477 19 4 % OILGAS 131 4 3 % CHINA 61 1 2 % ELECTRON 176 3 2 % SEMI 128 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180620 No. NLs Pct. ------------------------------------------------- MINCP 96 21 22 % INSURANC 31 4 13 % ETFS 61 4 7 % GAMING 28 1 4 % GOLD 50 2 4 % HACKERS 23 1 4 % AUTO 40 1 3 % CHINA 61 2 3 % ELECTRON 176 5 3 % MILITARY 38 1 3 % NASD-100 89 3 3 % SEMI 128 4 3 % SOFTWARE 64 2 3 % BIOTECH 401 9 2 % COMODITY 56 1 2 % INDEXES 191 3 2 % SP-100 94 2 2 % SP500 477 9 2 % UTILITY 41 1 2 % BONDFUND 111 1 1 % FIDSTKS 186 2 1 % INDMATER 82 1 1 % OILGAS 131 1 1 % RUS-1000 819 12 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/20/18 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .918 .901 .912 .895 .872 .848 RETAIL .905 .867 .867 .849 .83 .849 NIFTY .862 .758 .793 .793 .793 .793 HOSPITAL .857 .857 .857 .857 .857 .857 REGBANKS .838 .838 .838 .806 .838 .838 COMPUTER .782 .782 .782 .782 .782 .782 SOFTWARE .781 .781 .781 .796 .781 .781 NASD-100 .764 .674 .719 .741 .73 .707 COAL .75 .75 .875 .875 .875 .875 TRANSP .75 .65 .75 .75 .7 .7 GUNS .722 .666 .666 .666 .611 .611 EDU .714 .714 .714 .571 .714 .714 GAMING .714 .678 .678 .714 .678 .678 PIPELINE .714 .714 .714 .428 .571 .571 HACKERS .695 .695 .695 .739 .739 .739 OILGAS .687 .648 .687 .648 .725 .717 RUS-1000 .684 .667 .686 .692 .699 .675 FIDSTKS .666 .655 .672 .688 .693 .65 SP500 .666 .643 .666 .683 .687 .658 BIOTECH .663 .613 .625 .635 .643 .623 BEVERAGE .65 .6 .55 .6 .65 .65 INDEXES .643 .643 .638 .643 .696 .701 SP-100 .638 .638 .648 .67 .68 .68 CHEM .629 .629 .677 .661 .677 .693 ELECTRON .625 .596 .636 .687 .693 .67 FINANCE .622 .6 .666 .622 .633 .677 SEMI .617 .578 .625 .671 .679 .671 BIG17 .608 .565 .565 .586 .565 .565 AUTO .6 .575 .625 .575 .55 .55 DOWJONES .6 .633 .666 .7 .733 .7 JETS .6 .6 .7 .6 .5 .4 MILITARY .578 .526 .631 .631 .631 .631 GREEN .566 .6 .633 .633 .7 .666 INFRA .558 .529 .676 .617 .764 .764 INDMATER .536 .56 .609 .597 .658 .658 UTILITY .536 .512 .39 .341 .317 .195 N = 36 ============================================================================================= BONDFUND .495 .522 .405 .396 .396 .549 HOMEBLDG .47 .47 .47 .588 .588 .588 DJI-13 .461 .461 .538 .538 .615 .615 INSURANC .387 .483 .419 .419 .387 .451 CHINA .311 .295 .459 .442 .475 .442 GOLD .3 .3 .36 .42 .62 .56 SOLAR .285 .285 .285 .333 .38 .38 COMODITY .25 .214 .303 .321 .607 .642 BIGBANKS .142 .142 .142 .142 .142 .285 ETFS .131 .098 .196 .262 .36 .393 FOOD .111 .111 .222 .222 .333 .333 N = 11

==================================================================== 
            6/19/2018     The operative Peerless signal remains a Sell S9V. But Professionals
                                 clearly want and expect a rally.  That is why the market repeatedly refuses to
                                 drop much below a weak opening and then seems always bound to stage a
                                 slow and steady recovery, especially in the tech sector and in the
                                 Russell-2000 ETFs.  That is why the Closing Powers for the NASDAQ,
                                 QQQ and IWM remain in firm uptrends despite 6 straight days down
                                 by the DJI.  And that is why despite the DJI weakness, we see 37 of the 47
                                 sectors we monitor now have more than 50% of their stocks still above their
                                 65-dma and even the normally bearish Professional Day Traders are net bulish.

                                Want more proof that Professionals want a rally?  The Dow Jones-30 Selection
                                Committee kicked out technically troubled General Electric and put much safer
                                Walgreen's in its place. We can't have a DJI-30 stock going backupt!   The past
                                additions and deletions to the DJI-30 teaches us that there should now be
                                considerable new index-fund buying of Walgreen and selling in GE.  Watch and
                                see if this is not what now develops.  I hope so since we are already short GE. 

                                                   Professionals Clearly Want A Rally.

                                 All the selling at the opening caused by Trump's Trade War has left
                                 Professionals and market makers with a lot of stock they need to mark up
                                 and unload.  That, at least, is what I glean this from the market's behavior
                                 this past week, notably the lower opening and then the grinding recoveries.
.
                                 But, as I showed last night, Trump's trade war and the unusually heavy
                                 NYSE Down Volume (as shown by the very negative V-I) will likely
                                 weight down the blue chips, especially high-priced Boeing (-10% in last
                                 week) and Caterpillar (-8%).as well as the big international banks.  So,
                                 I would stay short DIA even though it may now bounce up a little from its
                                 flat 65-dma.

                                 There is a seasonal bounce just before July 4th.  But, and this may surprise
                                 some of  you, since 1965 the DJI rises only 42.3% of the time over the
                                 next month and averages a 0.9% decline over the next ten trading days.

                                           QQQ and IWM are significantly out-performing DJI.
                                           Until their Closing Power Uptrends are broken, that is
                                           likely to continue.

                                 What should we make of all the Bullish MAXCPs and the sturdy Closing
                                 Power uptrends seen in IWM, the NASDAQ, QQQ and now IBB?  Short-term
                                 term traders can certainly play these on the long side as long as their Closing
                                 Power uptrend-lines are not broken.  They are all outperforming the DJI by
                                 a wide margin.  (See their ITRS numbers in Table 1).  But if you do hold them,
                                 watch for a much higher opening that gives way to a close below the previous
                                 day's close.  This will produce a bearish "red popsicle" on our candle-stick
                                 charts and is apt to cause a rapid sell-off as Professionals rush to take profits
                                 in the sectors still favored by this aged bull market.

Charts 6/19/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/19/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/619/BULLISH.htm                                      Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/619/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 06/19/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS ----------------------------------------------- --------------------------------------------- --------------------------------------------------------------------------------------------- DIA 246.88 -2.85 252.18 -127.6% Bullish BLUE .172 ---- --------------------------------------------------------------------------------------------- COMPQX 7725.58 -21.44 7695.7 14.1% Bullish BLUE .379 .082 --------------------------------------------------------------------------------------------- SPY 275.5 -1.06 278.03 -61.5% Bullish BLUE .276 .026 --------------------------------------------------------------------------------------------- QQQ 176 -.5 175.82 4.8% Bullish BLUE .352 .086 --------------------------------------------------------------------------------------------- MDY 362.14 -.52 362.89 -41.3% Bullish BLUE .28 .044 --------------------------------------------------------------------------------------------- IWM 168.61 .01 166.87 32.2% Bullish BLUE .375 .09 --------------------------------------------------------------------------------------------- FAS 66.77 -.75 68.32 -195.5% ---- BLUE .111 .049 --------------------------------------------------------------------------------------------- RETL 46.15 .46 44.7 -24.5% Bullish BLUE .195 .403 --------------------------------------------------------------------------------------------- SOXL 168.59 -6.11 177.55 -268.4% Bullish BLUE .36 .238 --------------------------------------------------------------------------------------------- TECL 145.83 -2.74 146.82 -114.1% Bullish BLUE .369 .305 --------------------------------------------------------------------------------------------- IBB 112.04 1.61 110.49 50.9% Bullish BLUE .219 .059 --------------------------------------------------------------------------------------------- GLD 120.8 -.31 123.19 -82.5% Bearish ---- -.235 -.077 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .032 --------------------------------------------------------------------------------------------- OIH 25.8 -.11 26.63 -182.4% Bearish BLUE -.006 .053 --------------------------------------------------------------------------------------------- GASL 22.21 .53 23.14 -216.4% Bullish BLUE .018 .364 --------------------------------------------------------------------------------------------- UGA 32.63 -.17 33.95 -110% Bearish BLUE -.187 0 --------------------------------------------------------------------------------------------- UUP 25.04 .07 24.67 66.4% Bullish ---- -.035 .033 --------------------------------------------------------------------------------------------- IEF 102.14 .26 101.43 29% Bullish ---- .022 -.038 --------------------------------------------------------------------------------------------- XLU 50.19 .49 49.02 105.2% Bullish BLUE .075 -.036 --------------------------------------------------------------------------------------------- WEAT 6.31 -.12 6.81 -523% Bearish ---- -.133 -.082 --------------------------------------------------------------------------------------------- YINN 29.48 -1.59 32.96 -772% Bullish BLUE .299 -.114 --------------------------------------------------------------------------------------------- RSX 20.3 .02 20.84 -119% Bearish BLUE -.032 -.013 --------------------------------------------------------------------------------------------- AAPL 185.69 -3.05 190.7 -173.2% ---- BLUE .122 .062 --------------------------------------------------------------------------------------------- GOOG 1168.06 -5.4 1134.79 124.9% Bullish BLUE .301 .12 --------------------------------------------------------------------------------------------- MSFT 100.86 0 100.85 -22.3% Bullish BLUE .09 .081 --------------------------------------------------------------------------------------------- AMZN 1734.78 10.99 1704.86 105.1% Bullish BLUE .402 .204 --------------------------------------------------------------------------------------------- FB 197.49 -.82 192.41 130.4% Bullish BLUE .265 .221 --------------------------------------------------------------------------------------------- NVDA 260.17 -4.92 262.4 -45.6% Bullish RED .233 .178 --------------------------------------------------------------------------------------------- BA 341.12 -13.62 363.85 -407.6% Bearish RED -.004 .028 --------------------------------------------------------------------------------------------- GS 228.32 -3.07 233.83 -92.6% Bearish BLUE -.062 -.124 --------------------------------------------------------------------------------------------- HD 199.21 -1.48 200.31 -52.4% Bullish BLUE .322 .125 --------------------------------------------------------------------------------------------- CAT 143.3 -5.38 154.71 -464.3% Bearish RED -.172 -.028 Table 2 Count of Stocks in Key Directories 20180619 ------------------------------- NEWHIGHS 205 Bullish NEWLOWS 66 MAXCP 213 Bullish MINCP 68 TTTNH 150 Day Traders are bullish TTTNL 95 FASTUP 101 FASTDOWN 106 CPCROSSA 156 Pros switching to bullish side. CPCROSSD 45 BIGVOLUP 4 BIGVODN 12

Table 3 Count of Stocks and New Highs in Key Tiger Directories Date = 180619 No. NHs Pct. ------------------------------------------------------------------- ------------------------------------------------------------------- MAXCP 213 93 44 % EDU 7 3 43 % HACKERS 23 3 13 % SOFTWARE 64 7 11 % GREEN 30 3 10 % COMPUTER 23 2 9 % BIOTECH 401 33 8 % BIG17 46 3 7 % NASD-100 89 6 7 % NIFTY 30 2 7 % BEVERAGE 20 1 5 % FIDSTKS 186 7 4 % RETAIL 53 2 4 % FINANCE 90 3 3 % MILITARY 38 1 3 % REGBANKS 31 1 3 % SP-100 94 3 3 % CHEM 62 1 2 % ELECTRON 176 3 2 % INDEXES 191 4 2 % REIT 172 3 2 % RUS-1000 819 18 2 % SEMI 128 2 2 % SP500 477 11 2 % OILGAS 131 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180619 No. NLs Pct. ------------------------------------------------- FOOD 9 2 22 % MINCP 68 14 21 % ETFS 61 8 13 % JETS 10 1 10 % SEMI 128 8 6 % BEVERAGE 20 1 5 % CHINA 61 3 5 % COMODITY 56 3 5 % ELECTRON 176 8 5 % MILITARY 38 2 5 % SOLAR 21 1 5 % UTILITY 41 2 5 % BIOTECH 401 15 4 % GOLD 50 2 4 % HACKERS 23 1 4 % AUTO 40 1 3 % GREEN 30 1 3 % INDEXES 191 5 3 % NIFTY 30 1 3 % BONDFUND 111 2 2 % FIDSTKS 186 3 2 % FINANCE 90 2 2 % INDMATER 82 2 2 % OILGAS 131 2 2 % NASD-100 89 1 1 % RUS-1000 819 7 1 % SP-100 94 1 1 % SP500 477 4 1 %

Count of Stocks and New Lows in Key Tiger Directories Date = 180619 No. NLs Pct. ------------------------------------------------- FOOD 9 2 22 % MINCP 68 14 21 % ETFS 61 8 13 % JETS 10 1 10 % SEMI 128 8 6 % BEVERAGE 20 1 5 % CHINA 61 3 5 % COMODITY 56 3 5 % ELECTRON 176 8 5 % MILITARY 38 2 5 % SOLAR 21 1 5 % UTILITY 41 2 5 % BIOTECH 401 15 4 % GOLD 50 2 4 % HACKERS 23 1 4 % AUTO 40 1 3 % GREEN 30 1 3 % INDEXES 191 5 3 % NIFTY 30 1 3 % BONDFUND 111 2 2 % FIDSTKS 186 3 2 % FINANCE 90 2 2 % INDMATER 82 2 2 % OILGAS 131 2 2 % NASD-100 89 1 1 % RUS-1000 819 7 1 % SP-100 94 1 1 % SP500 477 4 1 %

 


====================================================================
             6/18/2018   The operative Peerless signal remains a Sell S9V.  The lower 2.5%
                                DJI band between 24300 and 24400 would seem to be our downside
                                target here given the probability of a Peerless Buy B9 there because the
                                P-Indicator and IP21 are both quite positive.  But as I write this the
                                DJI is down 395 points over-night.  Such action is authentically scary.
                               
                                I see no reason to hurry to buy.  Bloomberg news speaks openly of a
                                tumultous trade war. Investors worry about what will follow next given
                                Trump's favored tactics of double-downing and tough talk.
                                         China Says the U.S. Has Lost Its Credit With the World: Live
                                         How to Trade a U.S.-China Trade War? Investors Map Out Tactics
                                         What Economists Say About Trump's New China Trade Threats

                               When we look back and find all five earlier cases where the DJI declined to the
                               lower 2.0%-3.5% bands with a negative V-Indicator despite showing a very positive
                               P-Indicator and IP21, the DJI fell for, at least, another two weeks.  This took place
                               even when Peerless gave what turned out to be a premature Buy signal.  See Table A
                               just below.

                               Let's not be in a hurry to buy.  Stay short DIA.

Table A Cases where DJI fell down to between 1.5% and 3.5% lower band with P-I and IP21 quite positive, but VI very negative: 1929-2017 In all five cases, the DJI fell for at least two more weeks. LA/MA V-I P-I IP21 ---------------------------------------------------------------------------- 19481103 182.5 .983 -10 67 .208 19481105 178.4 .961 -47 53.8 .157 19481108 178.2 .961 -52 51.1 .132 DJI fell to 171.2 on 11/30/48 and then rose to 181.3 on 1/7/49 (S12) and then fell to 161.6 on 6/13/1949. --------------------------------------------------------------------------- 19550929 468.7 .983 -152 67.3 .129 No B9 because of suddenness of decline and big gap down. DJI then fell to 438.6 on 10/11/1955 (B5 and B17) and rallied beck to 490. --------------------------------------------------------------------------- 20020906 8427.2 .967 -19 231.7 .152 20020909 8519.38 .979 -37 196.2 .131 No Buy B9. Head/shoulders in long bear market. DJI next fell to 7286.27 on 10/9/02. --------------------------------------------------------------------------- 20100813 10303.15 .985 -132 223 .154 20100816 10302.01 .984 -69 345.5 .225 20100819 10271.21 .979 -53 279 .162 20100820 10213.62 .974 -116 147.3 .143 Early B17 on 8/19/2010. DJI fell to 9985.81 bottom on 8/26/2010 --------------------------------------------------------------------------- 20110921 11124.84 .983 -55 80.8 .134 No Buy B9/B17. DJI fell to a bottom of 10655.3 on 10/3/2011 (B8)

      

Charts 6/18/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/18/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/618/BULLISH.htm                                    Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/618/BEARISH.htm

                        

Table 1 QUICKSILVER on ETFS - 06/18/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS ----------------------------------------------- --------------------------------------------- --------------------------------------------------------------------------------------------- DIA 249.73 -1.01 253.3 -72.5% Bullish BLUE .142 0 --------------------------------------------------------------------------------------------- COMPQX 7747.02 .64 7703.79 56.5% Bullish BLUE .314 .076 --------------------------------------------------------------------------------------------- SPY 276.56 -.57 278.92 -35.9% Bullish BLUE .22 .021 --------------------------------------------------------------------------------------------- QQQ 176.5 -.48 175.83 45.1% Bullish BLUE .279 .083 --------------------------------------------------------------------------------------------- MDY 362.66 .67 365.14 -26.9% Bullish BLUE .223 .032 --------------------------------------------------------------------------------------------- IWM 168.6 .79 167.53 54.7% Bullish BLUE .318 .077 --------------------------------------------------------------------------------------------- FAS 67.52 .17 69.43 -149.1% Bearish BLUE .065 .058 --------------------------------------------------------------------------------------------- RETL 45.69 1.58 46.37 -30% Bullish BLUE .103 .342 --------------------------------------------------------------------------------------------- SOXL 174.7 -5.54 178.16 -21.6% Bullish RED .288 .293 --------------------------------------------------------------------------------------------- TECL 148.57 .29 149.22 28.3% Bullish BLUE .303 .344 --------------------------------------------------------------------------------------------- IBB 110.43 -.83 110.91 20.3% Bullish BLUE .182 .049 --------------------------------------------------------------------------------------------- GLD 121.11 -.23 122.82 -86.3% Bearish RED -.218 -.086 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .017 --------------------------------------------------------------------------------------------- OIH 25.91 .12 26.76 -205.4% Bearish BLUE -.047 .04 --------------------------------------------------------------------------------------------- GASL 21.68 1.14 23.17 -256.6% Bearish BLUE -.015 .317 --------------------------------------------------------------------------------------------- UGA 32.8 .43 33.36 -117% Bearish BLUE -.293 .011 --------------------------------------------------------------------------------------------- UUP 24.97 0 24.71 62.5% Bullish ---- -.019 .012 --------------------------------------------------------------------------------------------- IEF 101.88 .05 101.55 13.3% Bullish RED .057 -.054 --------------------------------------------------------------------------------------------- XLU 49.7 .16 49.15 112.8% Bullish BLUE .057 -.059 --------------------------------------------------------------------------------------------- WEAT 6.43 -.14 7.01 -266.1% Bearish RED -.11 -.043 --------------------------------------------------------------------------------------------- YINN 31.07 -.97 34.52 -527.8% Bullish BLUE .253 -.046 --------------------------------------------------------------------------------------------- RSX 20.28 -.09 20.79 -135.2% Bearish BLUE -.077 -.138 --------------------------------------------------------------------------------------------- AAPL 188.74 -.1 192.28 -65.3% Bearish BLUE .058 .077 --------------------------------------------------------------------------------------------- GOOG 1173.46 21.2 1139.32 190.4% Bullish BLUE .281 .121 --------------------------------------------------------------------------------------------- MSFT 100.86 .73 101.31 -9.4% ---- BLUE .042 .073 --------------------------------------------------------------------------------------------- AMZN 1723.79 7.82 1698.75 101.6% Bullish BLUE .332 .182 --------------------------------------------------------------------------------------------- FB 198.31 2.46 192.4 174.7% Bullish BLUE .191 .217 --------------------------------------------------------------------------------------------- NVDA 265.09 -.17 262.58 84.8% Bullish BLUE .171 .193 --------------------------------------------------------------------------------------------- BA 354.74 -3.14 370.62 -221.8% ---- BLUE .067 .043 --------------------------------------------------------------------------------------------- GS 231.39 -.53 232.63 -57.9% Bearish BLUE -.127 -.119 --------------------------------------------------------------------------------------------- HD 200.69 .15 201.31 26.2% Bullish BLUE .332 .106 --------------------------------------------------------------------------------------------- CAT 148.68 -1.34 157.49 -246.9% Bearish BLUE -.124 -.005

Table 2 Count of Stocks in Key Directories 20180618 ------------------------------- NEWHIGHS 298 NEWLOWS 78 MAXCP 215 MINCP 79 TTTNH 172 TTTNL 138 FASTUP 129 FASTDOWN 107 CPCROSSA 169 CPCROSSD 55 BIGVOLUP 4 BIGVODN 6 ACCUMVER 17 HIGHIP21 104 HIUPPCT 179 VHIP21 27 LOWACCUM 324 REDSELL 129 AUGSELS7 27 TRAPDOOR 11

Table 3 Count of Stocks and New Highs in Key Tiger Directories Date = 180618 No. NHs Pct. ------------------------------------------------------------------- ------------------------------------------------------------------- MAXCP 215 138 64 % EDU 7 2 29 % HACKERS 23 5 22 % SOFTWARE 64 13 20 % HOSPITAL 7 1 14 % BIG17 46 6 13 % COMPUTER 23 3 13 % NIFTY 30 4 13 % BEVERAGE 20 2 10 % NASD-100 89 8 9 % BIOTECH 401 33 8 % FIDSTKS 186 14 8 % GAMING 28 2 7 % INDEXES 193 11 6 % RETAIL 53 3 6 % RUS-1000 819 48 6 % CHEM 62 3 5 % SP500 477 22 5 % TRANSP 20 1 5 % AUTO 40 1 3 % REGBANKS 32 1 3 % REIT 172 5 3 % SEMI 128 4 3 % CHINA 61 1 2 % ELECTRON 176 4 2 % FINANCE 90 2 2 % INDMATER 82 1 1 % SP-100 94 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180618 No. NLs Pct. ------------------------------------------------- MINCP 79 29 37 % BEVERAGE 20 2 10 % ETFS 61 6 10 % JETS 10 1 10 % GOLD 50 4 8 % INSURANC 31 2 6 % SEMI 128 6 5 % UTILITY 41 2 5 % BONDFUND 111 4 4 % CHINA 61 2 3 % ELECTRON 176 6 3 % FINANCE 90 3 3 % MILITARY 38 1 3 % NIFTY 30 1 3 % BIOTECH 401 10 2 % COMODITY 56 1 2 % FIDSTKS 186 3 2 % INDMATER 82 2 2 % NASD-100 89 2 2 % SOFTWARE 64 1 2 % INDEXES 193 2 1 % OILGAS 131 1 1 % RUS-1000 819 7 1 % SP500 477 3 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/18/18 Bulllish = 36 Bearish = 11 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .912 .895 .872 .848 .906 .906 COAL .875 .875 .875 .875 .875 .875 RETAIL .867 .849 .83 .849 .886 .849 HOSPITAL .857 .857 .857 .857 .857 .857 REGBANKS .843 .812 .843 .843 .875 .875 NIFTY .8 .8 .8 .8 .866 .833 COMPUTER .782 .782 .782 .739 .739 .695 SOFTWARE .781 .796 .781 .765 .812 .796 TRANSP .75 .75 .7 .6 .7 .8 NASD-100 .719 .741 .73 .707 .741 .696 EDU .714 .571 .714 .714 .714 .714 PIPELINE .714 .428 .571 .571 .571 .714 JETS .7 .6 .5 .4 .4 .7 HACKERS .695 .739 .739 .739 .739 .695 OILGAS .687 .648 .725 .717 .748 .755 RUS-1000 .686 .692 .699 .671 .719 .711 GAMING .678 .714 .678 .678 .714 .75 CHEM .677 .661 .677 .693 .709 .725 INFRA .676 .617 .764 .764 .794 .764 FIDSTKS .672 .688 .693 .65 .682 .677 DOWJONES .666 .666 .7 .7 .733 .7 FINANCE .666 .622 .633 .677 .688 .7 GUNS .666 .666 .611 .611 .666 .722 SP500 .666 .683 .687 .651 .71 .698 SP-100 .648 .67 .68 .68 .723 .702 INDEXES .647 .647 .699 .709 .725 .73 ELECTRON .636 .687 .693 .67 .659 .659 GREEN .633 .633 .7 .666 .6 .6 MILITARY .631 .631 .631 .631 .605 .631 AUTO .625 .575 .55 .55 .6 .625 BIOTECH .625 .635 .643 .618 .618 .588 SEMI .625 .671 .679 .671 .664 .671 INDMATER .609 .597 .658 .658 .707 .756 BIG17 .565 .586 .565 .565 .608 .478 BEVERAGE .55 .6 .65 .65 .65 .6 DJI-13 .538 .538 .615 .615 .615 .615 N=36 ============================================================================================= HOMEBLDG .47 .588 .588 .588 .764 .764 CHINA .459 .442 .475 .459 .508 .524 INSURANC .419 .419 .387 .451 .483 .483 BONDFUND .405 .396 .396 .54 .612 .693 UTILITY .39 .341 .317 .195 .219 .243 GOLD .36 .42 .62 .56 .54 .56 COMODITY .303 .321 .607 .642 .678 .642 SOLAR .285 .333 .38 .38 .333 .285 FOOD .222 .222 .333 .333 .444 .333 ETFS .196 .262 .36 .393 .426 .442 BIGBANKS .142 .142 .142 .285 .285 .285 N=11

                                       
====================================================================
             6/15/2018   The operative Peerless signal remains a Sell S9V.  With the DJI
                                unable to get past 25500 and the V-Indicator negative and worsening.
                                I believe the DJI will have to test its lower 2.5% band, near 24400.
                                It's not clear how much longer the tech stocks can remain in uptrends.
                                Friday's big selling clipped a number of them.  But the NASDAQ's
                                Closing Power remains in a bullish uptrend, as does it does for QQQ and IWM.
                                As I discussed Friday morning, there is ample precedent for the DJI leading
                                the NASDAQ and the general market lower: 1976-1977, 2000, 2001.
                                2002 and 2008.  Usually, it is when the NYSE ADL breaks its uptrend
                                or the DJI drops more than 10% below its highest close, that the real trouble
                                begins.   With the bull market so advanced in years and the FED bluntly
                                telling us it plans to raise rates several more times this year, the next two
                                weeks will likely put the market on the defensive.  But if the bears don't
                                break the DJI down to new lows, I would think that we will then see the
                                a decent Summer Rally prompted by another Peerless Buy B9 at the lower
                                band. So, stay short DIA. 

                               I am waiting to see clear evidence that there will be a rally in beaten-down
                               low priced stocks, especially in biotechs.  Typically, low priced biotechs make
                               up half of the best performing NASDAQ stocks.  But as a group, they do not
                               appear ready yet. 

Charts 6/15/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/15/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/615/BULLISH.htm                                    Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/615/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 06/15/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS ----------------------------------------------- --------------------------------------------- DIA 250.74 -1.25 253.39 -50% Bullish BLUE .104 ---- --------------------------------------------------------------------------------------------- COMPQX 7746.38 -14.66 7659.93 65.6% Bullish BLUE .264 .071 --------------------------------------------------------------------------------------------- SPY 277.13 -1.6 278.56 -19% Bullish BLUE .184 .019 --------------------------------------------------------------------------------------------- QQQ 176.98 -.62 174.91 72.3% Bullish ---- .231 .078 --------------------------------------------------------------------------------------------- MDY 361.99 -1.86 364.62 -36.8% Bullish BLUE .201 .029 --------------------------------------------------------------------------------------------- IWM 167.81 .05 166.77 38.6% Bullish BLUE .292 .07 --------------------------------------------------------------------------------------------- FAS 67.35 -.12 69.56 -194.3% Bearish BLUE .037 .005 --------------------------------------------------------------------------------------------- RETL 44.11 .62 45.96 -43.3% Bullish BLUE .038 .252 --------------------------------------------------------------------------------------------- SOXL 180.24 -.35 175.47 97.3% Bullish BLUE .255 .23 --------------------------------------------------------------------------------------------- TECL 148.28 -1.42 147.73 60.5% Bullish BLUE .251 .26 --------------------------------------------------------------------------------------------- IBB 111.26 -.12 109.98 52% Bullish BLUE .164 .044 --------------------------------------------------------------------------------------------- GLD 121.34 -2.04 123.23 -67.8% ---- RED -.163 -.059 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .038 --------------------------------------------------------------------------------------------- OIH 25.79 -.7 27 -238.9% Bearish RED -.058 .031 --------------------------------------------------------------------------------------------- GASL 20.54 -1.82 22.83 -330.3% Bearish RED .041 .16 --------------------------------------------------------------------------------------------- UGA 32.37 -1.07 33.58 -212.6% Bearish RED -.393 .002 --------------------------------------------------------------------------------------------- UUP 24.97 -.02 24.66 66.7% Bullish ---- .018 .029 --------------------------------------------------------------------------------------------- IEF 101.83 .08 101.61 5.9% Bullish RED .051 -.03 --------------------------------------------------------------------------------------------- XLU 49.54 -.09 48.59 86.7% ---- BLUE .019 -.049 --------------------------------------------------------------------------------------------- WEAT 6.57 -.07 6.79 -212.5% Bearish ---- -.101 .017 --------------------------------------------------------------------------------------------- YINN 32.04 -.58 34.59 -417.3% Bearish BLUE .163 -.06 --------------------------------------------------------------------------------------------- RSX 20.37 -.32 20.84 -156% Bearish RED -.128 -.132 --------------------------------------------------------------------------------------------- AAPL 188.84 -1.96 191.23 -74.7% Bearish RED .02 .069 --------------------------------------------------------------------------------------------- GOOG 1152.26 .14 1129.99 138.2% Bullish BLUE .233 .097 --------------------------------------------------------------------------------------------- MSFT 100.13 -1.29 101.05 -74.1% ---- RED -.007 .06 --------------------------------------------------------------------------------------------- AMZN 1715.97 -7.89 1689.12 94.1% Bullish BLUE .297 .158 --------------------------------------------------------------------------------------------- FB 195.85 -.96 191.54 175.4% Bullish BLUE .195 .205 --------------------------------------------------------------------------------------------- NVDA 265.26 -1.65 260.62 56.7% Bullish BLUE .13 .174 --------------------------------------------------------------------------------------------- BA 357.88 -4.54 370.94 -158.1% ---- RED .093 .04 --------------------------------------------------------------------------------------------- GS 231.92 -1.73 234.09 -31.5% Bearish BLUE -.189 -.117 --------------------------------------------------------------------------------------------- HD 200.54 .87 199.64 55.3% Bullish BLUE .272 .096 --------------------------------------------------------------------------------------------- CAT 150.02 -3.12 156.3 -170.5% Bearish RED -.139 -.011

Table 2 Count of Stocks in Key Directories 20180615 ------------------------------- NEWHIGHS 262 Bullish NEWLOWS 49 MAXCP 150 MINCP 114 TTTNH 113 TTTNL 237 Day Traders are net bearish. FASTUP 142 FASTDOWN 109 CPCROSSA 126 Pros turning more bearish. CPCROSSD 63 BIGVOLUP 3 BIGVODN 40 Lots of dumping...

Table 3 Count of Stocks and New Highs in Key Tiger Directories Date = 180615 No. NHs Pct. ------------------------------------------------------------------- ------------------------------------------------------------------- MAXCP 150 104 69 % HOSPITAL 7 2 29 % BEVERAGE 20 4 20 % SOFTWARE 64 13 20 % EDU 7 1 14 % BIG17 46 6 13 % HACKERS 23 3 13 % NASD-100 89 10 11 % COMPUTER 23 2 9 % BIOTECH 400 33 8 % DJI-13 13 1 8 % RETAIL 53 4 8 % CHEM 71 5 7 % DOWJONES 30 2 7 % GAMING 28 2 7 % GREEN 30 2 7 % RUS-1000 820 58 7 % SP500 478 33 7 % FIDSTKS 187 11 6 % INDEXES 193 9 5 % SEMI 128 6 5 % SP-100 95 5 5 % TRANSP 20 1 5 % AUTO 40 1 3 % CHINA 62 2 3 % ELECTRON 176 6 3 % INSURANC 31 1 3 % NIFTY 29 1 3 % ETFS 61 1 2 % FINANCE 90 2 2 % GOLD 50 1 2 % INDMATER 82 1 1 % OILGAS 131 1 1 % REIT 172 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180615 No. NLs Pct. ------------------------------------------------- MINCP 114 25 22 % PIPELINE 7 1 14 % FOOD 9 1 11 % JETS 10 1 10 % UTILITY 41 3 7 % BONDFUND 111 6 5 % CHINA 62 3 5 % ETFS 61 3 5 % SEMI 128 7 5 % SOLAR 21 1 5 % ELECTRON 176 7 4 % HACKERS 23 1 4 % BIOTECH 400 11 3 % GREEN 30 1 3 % INFRA 34 1 3 % INSURANC 31 1 3 % NIFTY 29 1 3 % COMODITY 56 1 2 % FINANCE 90 2 2 % GOLD 50 1 2 % INDEXES 193 3 2 % OILGAS 131 2 2 % SOFTWARE 64 1 2 % CHEM 71 1 1 % INDMATER 82 1 1 % RUS-1000 820 7 1 % SP500 478 2 0 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/15/18 Bullish = 36 Bearish = 11 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .895 .872 .848 .906 .906 .906 COAL .875 .875 .875 .875 .875 .875 HOSPITAL .857 .857 .857 .857 .857 .857 RETAIL .849 .83 .849 .886 .849 .792 REGBANKS .812 .843 .843 .875 .875 .906 SOFTWARE .796 .781 .765 .812 .781 .734 NIFTY .793 .793 .793 .862 .793 .758 COMPUTER .782 .782 .739 .739 .695 .652 TRANSP .75 .7 .6 .7 .8 .65 NASD-100 .741 .73 .707 .741 .674 .662 HACKERS .739 .739 .739 .739 .695 .695 GAMING .714 .678 .678 .714 .75 .714 RUS-1000 .692 .7 .671 .719 .704 .692 FIDSTKS .689 .695 .652 .684 .679 .668 ELECTRON .687 .693 .67 .659 .653 .664 SP500 .684 .688 .652 .711 .688 .671 SP-100 .673 .684 .684 .726 .705 .726 SEMI .671 .679 .671 .664 .664 .656 DOWJONES .666 .7 .7 .733 .7 .733 GUNS .666 .611 .611 .666 .722 .722 INDEXES .652 .699 .709 .725 .73 .72 OILGAS .648 .725 .717 .748 .748 .748 BIOTECH .635 .642 .617 .617 .585 .622 CHEM .633 .647 .647 .676 .69 .704 GREEN .633 .7 .666 .6 .6 .6 MILITARY .631 .631 .631 .605 .631 .684 FINANCE .622 .633 .677 .688 .7 .733 INFRA .617 .764 .764 .794 .764 .735 BEVERAGE .6 .65 .65 .65 .6 .6 JETS .6 .5 .4 .4 .7 .5 INDMATER .597 .658 .658 .707 .756 .695 HOMEBLDG .588 .588 .588 .764 .764 .764 BIG17 .586 .565 .565 .608 .478 .565 AUTO .575 .55 .55 .6 .625 .575 EDU .571 .714 .714 .714 .714 .714 DJI-13 .538 .615 .615 .615 .615 .615 N=36 ============================================================================================ CHINA .451 .483 .467 .516 .532 .548 PIPELINE .428 .571 .571 .571 .714 .428 GOLD .42 .62 .56 .54 .56 .44 INSURANC .419 .387 .451 .483 .451 .516 BONDFUND .396 .396 .54 .612 .693 .702 UTILITY .341 .317 .195 .219 .243 .195 SOLAR .333 .38 .38 .333 .285 .38 COMODITY .321 .607 .642 .678 .625 .678 ETFS .262 .36 .393 .426 .442 .409 FOOD .222 .333 .333 .444 .333 .444 BIGBANKS .142 .142 .285 .285 .285 .428 N=11

====================================================================
                     6/14/2018   The operative Peerless signal remains a Sell S9V and the DJI
                                        seems boxed in on the upside since any rally to 25500 will bring
                                        another Sell S9-V because the V-Indicator is still quite negative.
                                        With the DJI unable to rally up past 25500, I think we have to expect
                                        another test of its lower 2.5% band, now at 24400.  That is also
                                        suggested by the DJI's IP21 having now fallen below its 21-day ma.  This
                                        shows big money selling into strength.  We also see this now in DIA,
                                        SPY, OEX and NYSE.  In addition, Professionals are now becoming
                                        noticeably more bearish. Note that in Table 1 the number of
                                        MINCPs (CP new lows) was 20 more than the number of MAXCPs
                                        (CP new highs).

                                        Meanwhile, the NASDAQ and QQQ, led by the highest priced tech stocks,
                                        are disregarding the growing weakness elsewhere in the market that is mainly
                                        caused by the expectation that interest rates will be 0.5% or more higher by the
                                        end of the year.  Such temporary strength in the NASDAQ has ample precedent.
                                        If we study the four cases below, we see the lag between the
                                        DJI's earlier peak and the NASDAQ's later peak is getting smaller and
                                        smaller.   This is a warning now, I think, for us not to be fooled by the
                                        NASDAQ rally.  Stay short DIA, but do not go short the tech stocks
                                        until the NYSE ADL uptrend is violated.

                                        1) From January 1966 to December 1968,  the DJI could not make
                                        new highs, but the OTC more than doubled. .  There was a fantastic
                                        and wildly speculative bull market in smaller electronics stocks.

                                        2) After the DJI peaked in September 1976 and started falling into
                                        its 1977 bull market, the NASDAQ remained quite firm, only joining
                                        the DJI in decline when the ADL uptrend was broken as the DJI fell
                                        more than 10% from its highs in July 1977. 

                                        3) In the bull market of 1992-2000, the DJI peaked in early January 2000.
                                        The NASDAQ and QQQ, however, did not peak until two months later.
                                        The QQQ then utterly collapsed, quickly falling 50% in only a few months.

                                        4) The DJI's top in October 2007 took place 21 days before the NASDAQ
                                        reached its peak then.

                                        5) The DJI peaked on  January 29, 2018.  That was eighteen weeks ago.
                                        Can we trust the NASDAQ's strength since then?  Not if the ADL uptrend
                                        is broke, the QQQ's Closing Power uptrend is violated and the DJI falls
                                        more than 10% down from its highs. 

                                        The performance-minded bulls are putting more and more of their
                                        money in fewer and fewer of QQQ's super stocks, notably
                                        ADBE, AMZN, FB, FFIV, NFLX, NTAP, NVDA and VRSN,
                                        all of which made new highs themselves.

Charts 6/14/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/14/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/614/BULLISH.htm                                  Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/614/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 06/14/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 251.99 -.19 253.27 -10.7% ---- RED .074 ---- --------------------------------------------------------------------------------------------- COMPQX 7761.04 65.34 7645.51 82.1% Bullish BLUE .249 .063 --------------------------------------------------------------------------------------------- SPY 278.73 .7 278.19 24.4% Bullish RED .151 .018 --------------------------------------------------------------------------------------------- QQQ 177.6 1.78 174.44 90.5% Bullish BLUE .221 .073 --------------------------------------------------------------------------------------------- MDY 363.85 .96 364.67 17% Bullish ---- .187 .027 --------------------------------------------------------------------------------------------- IWM 167.76 .89 166.52 52.2% Bullish BLUE .266 .063 --------------------------------------------------------------------------------------------- FAS 67.47 -.85 70.03 -136.3% Bearish RED .014 .011 --------------------------------------------------------------------------------------------- RETL 43.49 -1.21 44.5 21.1% Bullish RED .021 .242 --------------------------------------------------------------------------------------------- SOXL 180.59 3.04 176.78 -27.5% Bullish BLUE .252 .178 ^^^^ ^^^^ --------------------------------------------------------------------------------------------- TECL 149.7 2.88 146.49 102.1% Bullish BLUE .24 .274 ^^^^ ^^^^ --------------------------------------------------------------------------------------------- IBB 111.38 .89 110.11 73.5% Bullish BLUE .171 .013 --------------------------------------------------------------------------------------------- GLD 123.38 .19 123.01 21.1% ---- RED -.151 -.064 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .022 --------------------------------------------------------------------------------------------- OIH 26.49 -.14 27.07 -196.3% Bearish RED -.013 .073 --------------------------------------------------------------------------------------------- GASL 22.36 -.78 22.04 -17.6% ---- RED .138 .344 --------------------------------------------------------------------------------------------- UGA 33.44 -.51 33.8 -65.3% Bullish RED -.241 .023 --------------------------------------------------------------------------------------------- UUP 24.99 .32 24.64 73% Bullish BLUE .015 .018 --------------------------------------------------------------------------------------------- IEF 101.75 .32 101.71 -4.9% Bullish BLUE .051 -.049 --------------------------------------------------------------------------------------------- XLU 49.63 .61 48.69 94.2% Bearish BLUE -.064 -.055 --------------------------------------------------------------------------------------------- WEAT 6.64 -.17 6.86 -203.5% Bearish RED -.089 .027 --------------------------------------------------------------------------------------------- YINN 32.62 -.34 34.87 -441.7% Bearish RED .123 -.056 --------------------------------------------------------------------------------------------- RSX 20.69 -.15 21.02 -121.8% Bearish RED -.025 -.133 --------------------------------------------------------------------------------------------- AAPL 190.8 .1 191.7 -69.3% ---- RED .111 .073 --------------------------------------------------------------------------------------------- GOOG 1152.12 17.33 1120.87 125.1% Bullish BLUE .182 .085 --------------------------------------------------------------------------------------------- MSFT 101.42 .57 101.63 26.7% ---- RED .13 .059 --------------------------------------------------------------------------------------------- AMZN 1723.86 19 1683.99 102.1% Bullish BLUE .3 .183 ^^^^ ^^^^ --------------------------------------------------------------------------------------------- FB 196.81 4.4 189.1 226.2% Bullish BLUE .181 .23 ^^^^ ^^^^ --------------------------------------------------------------------------------------------- NVDA 266.91 4.51 262.28 76.5% Bullish BLUE .142 .14 --------------------------------------------------------------------------------------------- BA 362.42 -1.43 369.5 -82.9% ---- RED .075 .068 --------------------------------------------------------------------------------------------- GS 233.65 -.18 233.39 4.3% Bearish RED -.232 -.114 --------------------------------------------------------------------------------------------- HD 199.67 -.64 198.33 87.9% Bullish RED .215 .086 --------------------------------------------------------------------------------------------- CAT 153.14 -1.57 155.32 -100.9% Bearish RED -.147 .016

Table 2 Count of Stocks in Key Directories 20180614 ------------------------------- NEWHIGHS 303 Bullish NEWLOWS 62 MAXCP 123 MINCP 153 Professionals are bearish. TTTNH 109 TTTNL 220 Swing Traders are bearish. FASTUP 153 FASTDOWN 89 CPCROSSA 85 CPCROSSD 70 BIGVOLUP 6 BIGVODN 8

Table 3 Count of Stocks and New Highs in Key Tiger Directories Date = 180614 No. NHs Pct. ------------------------------------------------------------------- MAXCP 123 94 76 % HACKERS 23 9 39 % SOFTWARE 64 22 34 % COAL 8 2 25 % NIFTY 29 7 24 % NASD-100 89 16 18 % HOSPITAL 7 1 14 % COMPUTER 23 3 13 % GAMING 28 3 11 % BIG17 48 5 10 % INDEXES 193 19 10 % SOLAR 21 2 10 % BIOTECH 397 30 8 % DJI-13 13 1 8 % RETAIL 53 4 8 % SEMI 128 10 8 % FIDSTKS 187 13 7 % CHEM 62 4 6 % ELECTRON 176 10 6 % RUS-1000 820 53 6 % SP-100 95 6 6 % SP500 478 28 6 % BEVERAGE 20 1 5 % TRANSP 20 1 5 % GOLD 50 2 4 % AUTO 40 1 3 % DOWJONES 30 1 3 % ETFS 61 2 3 % GREEN 30 1 3 % MILITARY 38 1 3 % CHINA 62 1 2 % FINANCE 90 2 2 % UTILITY 41 1 2 % INDMATER 83 1 1 % OILGAS 131 1 1 % REIT 172 2 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180614 No. NLs Pct. ------------------------------------------------- MINCP 153 33 22 % BONDFUND 111 9 8 % ETFS 61 5 8 % UTILITY 41 3 7 % FINANCE 90 4 4 % BIOTECH 397 10 3 % INFRA 34 1 3 % INSURANC 31 1 3 % SEMI 128 4 3 % COMODITY 56 1 2 % ELECTRON 176 4 2 % GOLD 50 1 2 % INDEXES 193 1 1 % OILGAS 131 1 1 % RUS-1000 820 7 1 % SP500 478 2 0 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/14/18 Bullish = 38 Bearish = 8 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL .875 .875 .875 .875 .875 .875 REIT .872 .848 .906 .906 .912 .906 HOSPITAL .857 .857 .857 .857 .857 .571 REGBANKS .843 .843 .875 .875 .906 .906 RETAIL .83 .849 .886 .849 .792 .754 NIFTY .793 .793 .862 .793 .758 .793 COMPUTER .782 .739 .739 .695 .652 .652 SOFTWARE .781 .765 .812 .781 .734 .718 INFRA .764 .764 .794 .764 .735 .735 HACKERS .739 .739 .739 .695 .695 .695 NASD-100 .73 .707 .741 .674 .662 .651 OILGAS .725 .717 .748 .748 .74 .778 EDU .714 .714 .714 .714 .714 .714 DOWJONES .7 .7 .733 .7 .7 .7 GREEN .7 .666 .6 .6 .6 .6 RUS-1000 .7 .671 .719 .704 .689 .671 TRANSP .7 .6 .7 .8 .65 .5 INDEXES .699 .709 .725 .73 .72 .699 FIDSTKS .695 .652 .684 .679 .657 .647 ELECTRON .693 .67 .659 .653 .664 .687 SP500 .688 .652 .711 .688 .667 .638 SP-100 .684 .684 .726 .705 .705 .684 SEMI .679 .671 .664 .664 .656 .671 GAMING .678 .678 .714 .75 .714 .75 CHEM .677 .693 .709 .725 .741 .725 INDMATER .662 .662 .71 .759 .698 .674 BEVERAGE .65 .65 .65 .6 .6 .5 BIOTECH .639 .614 .614 .581 .614 .619 FINANCE .633 .677 .688 .7 .722 .688 MILITARY .631 .631 .605 .631 .684 .631 GOLD .62 .56 .54 .56 .46 .48 DJI-13 .615 .615 .615 .615 .615 .615 GUNS .611 .611 .666 .722 .722 .722 COMODITY .607 .642 .678 .625 .66 .642 HOMEBLDG .588 .588 .764 .764 .764 .588 BIG17 .583 .583 .625 .5 .562 .562 PIPELINE .571 .571 .571 .714 .428 .428 AUTO .55 .55 .6 .625 .575 .575 N= 38 =========================================================================================== JETS .5 .4 .4 .7 .5 .3 =========================================================================================== CHINA .483 .467 .516 .532 .532 .58 BONDFUND .396 .54 .612 .693 .675 .738 INSURANC .387 .451 .483 .451 .516 .387 SOLAR .38 .38 .333 .285 .38 .38 ETFS .36 .393 .426 .442 .393 .377 FOOD .333 .333 .444 .333 .444 .444 UTILITY .317 .195 .219 .243 .195 .219 BIGBANKS .142 .285 .285 .285 .285 .285 N=8

====================================================================
                     6/13/2018   The operative Peerless signal remains a Sell S9V.  The Fed did
                                        raise rates, presumably they were influenced by the 12-mo rate of inflation
                                        reaching 2.8% and the belief that the economy was strong enough
                                        to withstand a return to more normal rates in the course of the
                                        coming year. The yield on the ten year bonds, now 2.91%, did
                                        not breach the 3% level that many say is an important number to
                                        watch.   https://www.cnbc.com/quotes/?symbol=US10Y   But the
                                        reality of higher interest rates did weaken the broader market.  There
                                        were almost twice as many decliners as advancers today on the NYSE.

                                        The 1950s offer the prime example of what it takes in the way of
                                        interest rate rises above 3% to stop a long bull market.  In April 1956,
                                        when rates on the ten-year bonds went above 3%, the DJI quickly
                                        fell 10%. In July 1957, these rates hit 3.93% and the DJI then fell 20%.
                                        (See the raw data at http://www.forecast-chart.com/rate-treasury-10.html )

1956

1957

                                        Retailers, who had been leading the current rally, took a big hit today.
                                        I susepct that they are concerned about the negative impact of higher
                                        interest rates on consumers. The big bankers at Citibank and JP Morgan
                                        are keenly aware of problems that lay ahead for consumers who are already
                                        tapped out with more than a 1 trillion dollars in personal  debt.  Americans
                                        now have more credit card debt than in 2007.  This is particularly troubling
                                        now because the Federal Government faces its own big debt problems.
                                        Keynesian deficit-spending on Public Works will be a very hard sell
                                        politically if there is a recession.  The picture is made grimmer by the
                                        failure of wage increases to rise much faster than inflation for many years.
                                        And now, debt delinquencies are on the rise despite the 3.8% Unemployment.
                                        All this makes quite dangerous the higher credit card payments that will
                                        result from the higher  interest rates. 

                                        In 1929, the booming stock market far outpaced consumers ability to
                                        buy what was being produced.  Over-production and hyper-speculation
                                        led to a Crash.  Tariffs, tight money and Bank failures turned the Crash
                                        into a terrible Depression.   We have to ask: Is our stock market now one
                                        big bubble?  There's no denying that market's long rise since 2009 has
                                        caused stock prices in blue chips and big tech stocks to far out-pace
                                        the real growth in the manufacturing and non-financial services' sectors. 

                                        So, definitely stay short DIA and some of the bearish MINCPs.  It's not
                                        clear how much longer the tax cuts and de-regulation can continue to lift
                                        stocks.   But most stocks are above their 65-dma support and certainly
                                        above their longer-term 200-day moving averages.  So, sidewise action
                                        rather than a deep sell-off seems more likely for now. A month of
                                        consolidation could be constructive if the P-I and Accumulation Index
                                        for the DJI remain positive.  A Summer rally in July and August may
                                        still play out.  But first, expect the NASDAQ and leading tech stocks to
                                        pull back to their rising 65-dma if  their Closing Power uptrends are violated.   

Charts 6/13/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/13/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/613/BULLISH.htm                                Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/613/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 06/13/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 252.18 -1.12 252.53 13.1% Bullish RED .106 ----- --------------------------------------------------------------------------------------------- COMPQX 7695.7 -8.09 7635.07 4.2% Bullish RED .287 .059 --------------------------------------------------------------------------------------------- SPY 278.03 -.89 277.37 11.3% Bullish RED .169 .016 --------------------------------------------------------------------------------------------- QQQ 175.82 -.01 174.43 -1.1% Bullish RED .196 .068 --------------------------------------------------------------------------------------------- MDY 362.89 -2.25 362.61 5.8% Bullish RED .166 .023 --------------------------------------------------------------------------------------------- IWM 166.87 -.66 166.02 -1.8% Bullish RED .247 .061 --------------------------------------------------------------------------------------------- FAS 68.32 -1.11 69.36 -94.8% Bearish RED .043 .044 --------------------------------------------------------------------------------------------- RETL 44.7 -1.67 43.3 251.6% Bullish RED .073 .38 --------------------------------------------------------------------------------------------- SOXL 177.55 -.61 181.57 -249.6% Bullish RED .245 .193 --------------------------------------------------------------------------------------------- TECL 146.82 -2.4 146.69 -133.3% Bullish RED .244 .291 --------------------------------------------------------------------------------------------- IBB 110.49 -.42 109.76 -1.4% Bullish RED .15 .024 --------------------------------------------------------------------------------------------- GLD 123.19 .37 122.86 11% Bullish BLUE -.099 -.075 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .011 --------------------------------------------------------------------------------------------- OIH 26.63 -.13 27.55 -68.3% Bearish ---- .036 .069 --------------------------------------------------------------------------------------------- GASL 23.14 -.03 22.44 463.9% Bullish ---- .19 .371 --------------------------------------------------------------------------------------------- UGA 33.95 .59 33.88 108.7% Bullish BLUE -.195 .026 --------------------------------------------------------------------------------------------- UUP 24.67 -.04 24.63 -2% ---- ---- -.13 -.007 --------------------------------------------------------------------------------------------- IEF 101.43 -.12 101.85 .5% Bullish RED .006 -.063 --------------------------------------------------------------------------------------------- XLU 49.02 -.13 48.71 66.7% Bearish RED -.108 -.076 --------------------------------------------------------------------------------------------- WEAT 6.81 -.2 6.92 -43.5% Bearish RED -.033 .041 --------------------------------------------------------------------------------------------- YINN 32.96 -1.56 35.67 -460.6% Bearish RED .153 -.057 --------------------------------------------------------------------------------------------- RSX 20.84 .05 21.2 -156.6% Bearish RED -.005 -.129 --------------------------------------------------------------------------------------------- AAPL 190.7 -1.58 193.46 -85.2% Bullish RED .137 .082 --------------------------------------------------------------------------------------------- GOOG 1134.79 -4.53 1123.86 -9.2% Bullish RED .142 .07 --------------------------------------------------------------------------------------------- MSFT 100.85 -.46 100.88 -80.8% Bullish RED .156 .074 --------------------------------------------------------------------------------------------- AMZN 1704.86 6.11 1689.3 26.9% Bullish BLUE .248 .175 --------------------------------------------------------------------------------------------- FB 192.41 .01 188.18 28.1% Bullish RED .141 .182 --------------------------------------------------------------------------------------------- NVDA 262.4 -.18 262.9 -52.3% Bullish RED .097 .114 --------------------------------------------------------------------------------------------- BA 363.85 -6.77 368.53 -104.1% ---- RED .088 .05 --------------------------------------------------------------------------------------------- GS 233.83 1.2 233.45 34.3% Bearish BLUE -.234 -.117 --------------------------------------------------------------------------------------------- HD 200.31 -1 196.17 169.9% Bullish RED .204 .103 --------------------------------------------------------------------------------------------- CAT 154.71 -2.78 156.29 -57.6% Bearish RED -.12 .016

Table 2 Count of Stocks in Key Directories 20180613 ------------------------------- NEWHIGHS 212 Bullish NEWLOWS 47 MAXCP 99 MINCP 115 Bearish switch by Professionals TTTNH 115 TTTNL 163 Bearish switch by Day Traders. FASTUP 116 FASTDOWN 87 CPCROSSA 36 CPCROSSD 143 Bearish switch by Professionals BIGVOLUP 3 BIGVODN 12 Bearish Dumping.

Table 3 Count of Stocks and New Highs in Key Tiger Directories Date = 180613 No. NHs Pct. ------------------------------------------------------------------- MAXCP 99 71 72 % HACKERS 23 6 26 % SOFTWARE 64 16 25 % NIFTY 29 5 17 % COMPUTER 23 3 13 % GAMING 28 3 11 % BEVERAGE 20 2 10 % NASD-100 89 9 10 % BIG17 46 4 9 % BIOTECH 393 26 7 % GREEN 30 2 7 % RETAIL 53 3 6 % FIDSTKS 187 9 5 % MILITARY 38 2 5 % RUS-1000 820 45 5 % SEMI 128 7 5 % SOLAR 21 1 5 % SP500 478 23 5 % TRANSP 20 1 5 % INDEXES 195 8 4 % ELECTRON 176 6 3 % CHEM 62 1 2 % ETFS 61 1 2 % GOLD 50 1 2 % OILGAS 131 2 2 % SP-100 95 2 2 % UTILITY 41 1 2 % REIT 172 2 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180613 No. NLs Pct. ------------------------------------------------- MINCP 115 23 20 % BONDFUND 111 4 4 % HACKERS 23 1 4 % ETFS 61 2 3 % FINANCE 90 3 3 % INFRA 34 1 3 % BIOTECH 393 9 2 % CHEM 62 1 2 % GOLD 50 1 2 % SEMI 128 2 2 % UTILITY 41 1 2 % ELECTRON 176 2 1 % FIDSTKS 187 1 1 % INDEXES 195 1 1 % NASD-100 89 1 1 % OILGAS 131 1 1 % RUS-1000 820 6 1 % SP500 478 3 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/13/18 Bullish = 39 Bearish = 8 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL .875 .875 .875 .875 .875 .875 HOSPITAL .857 .857 .857 .857 .571 .714 RETAIL .849 .886 .849 .792 .735 .773 REIT .848 .906 .906 .912 .912 .918 REGBANKS .843 .875 .875 .906 .875 .906 NIFTY .793 .862 .793 .758 .793 .793 SOFTWARE .765 .812 .781 .734 .734 .765 INFRA .764 .794 .764 .735 .735 .735 COMPUTER .739 .739 .695 .652 .652 .739 HACKERS .739 .739 .695 .695 .695 .739 OILGAS .717 .748 .748 .74 .778 .755 EDU .714 .714 .714 .714 .714 .714 NASD-100 .707 .741 .674 .662 .64 .662 DOWJONES .7 .733 .7 .7 .7 .7 INDEXES .697 .717 .723 .712 .692 .697 CHEM .693 .709 .725 .741 .725 .709 SP-100 .684 .726 .705 .705 .684 .684 GAMING .678 .714 .75 .714 .75 .75 FINANCE .677 .688 .7 .722 .688 .688 RUS-1000 .671 .719 .704 .689 .67 .651 SEMI .671 .664 .664 .656 .671 .703 ELECTRON .67 .659 .653 .664 .687 .676 GREEN .666 .6 .6 .6 .6 .7 INDMATER .662 .71 .759 .698 .674 .698 FIDSTKS .652 .684 .679 .657 .647 .614 SP500 .652 .711 .688 .667 .635 .617 BEVERAGE .65 .65 .6 .6 .5 .5 COMODITY .636 .672 .618 .654 .636 .69 MILITARY .631 .605 .631 .684 .631 .552 BIOTECH .615 .615 .582 .615 .613 .641 DJI-13 .615 .615 .615 .615 .615 .615 GUNS .611 .666 .722 .722 .722 .722 TRANSP .6 .7 .8 .65 .5 .6 HOMEBLDG .588 .764 .764 .764 .588 .588 PIPELINE .571 .571 .714 .428 .428 .428 BIG17 .565 .608 .478 .565 .543 .543 GOLD .56 .54 .56 .46 .48 .5 AUTO .55 .6 .625 .575 .575 .6 BONDFUND .54 .612 .693 .675 .72 .666 N = 39 ============================================================================================ CHINA .467 .516 .532 .532 .58 .58 INSURANC .451 .483 .451 .516 .387 .387 JETS .4 .4 .7 .5 .3 .5 ETFS .393 .426 .442 .393 .377 .442 SOLAR .38 .333 .285 .38 .38 .428 FOOD .333 .444 .333 .444 .444 .444 BIGBANKS .285 .285 .285 .285 .285 .285 UTILITY .195 .219 .243 .195 .219 .195 N = 8

  

====================================================================
                   6/12/2018   The operative Peerless signal remains a Sell S9V.    But the NYSE A/D Line
                                      made another new high today.  We can take some comfort in the fact
                                      that the majority of significant market tops do usually occur when the
                                      ADL is lagging the DJI.  But only some comfort.  The case of 2011 shows
                                      us that a significant June DJI top (17% decline) can occur when the ADL
                                      is actually making a new high.  Moreover, in most of the cases where the ADL
                                      was running ahead of the DJI, once the ADL uptrend was violated, the rest
                                      of the market quickly turned down, falling sharply to get back in step with
                                      the DJI.  So, we have to recognize the bearishness of the V-Indicator
                                      remaining negative as the DJI approaches the 2.4% upper band.  Tomorrow
                                      the FED may choose to raise short-term rates.  That could push the yield
                                      on ten-year bonds above 3%.  It remains to be seen how the stock market
                                      will react to that.  And even if there is no rate hike this week, the DJI
                                      could on a +.6% rally produce another Sell S9-V.  The DJI is now 1.8%
                                      over the 21-day ma and the V-I is -27.  
                                     




                                      The DJI continues to be weaker than the NASDAQ, QQQ, IWM,
                                      RETL and TECL, which still enjoy rising Closing Powers and
                                      5-day moving averages.  The blue chips in the DJI are weaker,
                                      I would suggest, partly because the earlier big rise in some of these
                                      stocks is seen to have anticipated a lot of the bullish earnings now
                                      but even more because tech growth stocks are seen as better ways
                                      to invest than staid and conservative blue chips in the expected,
                                      coming Inflation.   

                                     We got a taste of that growing inflation today when the the Labor Department
                                      reported the May CPI was 2.8% higher than a year ago.  This is a 6-year high.
                                      And if oil prices resume their uptrend, as I would suggest their chart suggests
                                      is likely, this monthly CPI number will go above well above 3% later this year. 
                                      So, sooner or later, if not tomorrow, we have to expect the FED to move
                                      interest rates considerably higher. With short-term rates still below 2% and
                                      ten year bonds yielding little more than the rate of Inflation, stocks can
                                      easily still compete with bonds.  But Bond yields surely must rise because
                                      their investors are going to refuse to buy ten-year bonds whose yield is
                                      so close to the current annual rate of inflation, which is itself in an uptrend..
                                           https://www.bls.gov/news.release/cpi.nr0.htm
                                           https://www.bloomberg.com/news/articles/2018-06-12/u-s-inflation-at-six-year-high-eating-away-at-wage-increases
                                   DBO shows a very high level of underlying Accumulation
                                   and Closing Power bullish divergence Buy B7s.  A move
                                   back to its recent highs must be expected.  This should
                                   give a lift to the entire OIL sector.
    

Charts 6/12/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/12/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/612/BULLISH.htm                              Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/612/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 06/12/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- DIA 253.3 -.09 251.52 102.3% Bullish RED .123 ---- --------------------------------------------------------------------------------------------- COMPQX 7703.79 43.86 7689.24 43.1% Bullish BLUE .242 .049 --------------------------------------------------------------------------------------------- SPY 278.92 .36 277.4 68.9% Bullish RED .202 .011 --------------------------------------------------------------------------------------------- QQQ 175.83 .92 175.86 28.3% Bullish BLUE .214 .058 --------------------------------------------------------------------------------------------- MDY 365.14 .52 362.47 77.9% Bullish BLUE .183 .022 --------------------------------------------------------------------------------------------- IWM 167.53 .76 166.93 54.1% Bullish BLUE .251 .058 --------------------------------------------------------------------------------------------- FAS 69.43 -.13 69.64 205% Bearish RED .077 .077 --------------------------------------------------------------------------------------------- RETL 46.37 .41 42.46 524% Bullish BLUE .196 .464 --------------------------------------------------------------------------------------------- SOXL 178.16 2.69 186.52 -133.7% Bullish BLUE .233 .246 --------------------------------------------------------------------------------------------- TECL 149.22 1.49 150.77 33.5% Bullish BLUE .255 .329 --------------------------------------------------------------------------------------------- IBB 110.91 .93 110.52 79.6% Bullish BLUE .183 .009 --------------------------------------------------------------------------------------------- GLD 122.82 -.41 122.92 -1.2% Bearish RED -.155 -.108 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 -.011 --------------------------------------------------------------------------------------------- OIH 26.76 -.24 27 -12.9% Bearish RED .035 .076 --------------------------------------------------------------------------------------------- GASL 23.17 .34 21.07 547.4% Bullish BLUE .214 .421 --------------------------------------------------------------------------------------------- UGA 33.36 -.22 33.22 -34.2% ---- RED -.166 -.012 --------------------------------------------------------------------------------------------- UUP 24.71 .05 24.68 -8.1% ---- ---- -.07 -.026 --------------------------------------------------------------------------------------------- IEF 101.55 -.06 101.42 -13.8% Bullish BLUE -.04 -.088 --------------------------------------------------------------------------------------------- XLU 49.15 .56 48.37 -41% Bearish BLUE -.088 -.092 --------------------------------------------------------------------------------------------- WEAT 7.01 .22 6.87 197.5% Bearish BLUE -.027 .067 --------------------------------------------------------------------------------------------- YINN 34.52 -.07 36.2 -34.1% Bullish RED .143 .015 --------------------------------------------------------------------------------------------- RSX 20.79 -.05 21.5 -146.3% Bearish ---- -.023 -.148 --------------------------------------------------------------------------------------------- AAPL 192.28 1.05 193.98 -26.7% Bullish BLUE .145 .081 --------------------------------------------------------------------------------------------- GOOG 1139.32 9.33 1136.88 -1.5% Bullish BLUE .141 .059 --------------------------------------------------------------------------------------------- MSFT 101.31 .26 102.49 -43.3% Bullish BLUE .197 .072 --------------------------------------------------------------------------------------------- AMZN 1698.75 9.63 1695.75 7.1% Bullish BLUE .239 .166 --------------------------------------------------------------------------------------------- FB 192.4 .86 191.34 -14.2% Bullish BLUE .147 .166 --------------------------------------------------------------------------------------------- NVDA 262.58 1.96 265.15 -47.3% Bullish BLUE .094 .115 --------------------------------------------------------------------------------------------- BA 370.62 -.32 371.56 142.9% Bullish RED .111 .077 --------------------------------------------------------------------------------------------- GS 232.63 -1.46 232.23 92.3% Bearish RED -.218 -.132 --------------------------------------------------------------------------------------------- HD 201.31 1.67 193.59 239.1% Bullish BLUE .242 .092 --------------------------------------------------------------------------------------------- CAT 157.49 1.19 156.51 144.1% ---- BLUE -.077 .022

Table 2 Count of Stocks in Key Directories 20180612 ------------------------------- NEWHIGHS 345 Bullish NEWLOWS 31 MAXCP 144 Professionals net bullish > 2:1 MINCP 64 TTTNH 153 TTTNL 124 FASTUP 155 Swing Traders 2:1 bullish FASTDOWN 78 CPCROSSA 77 CPCROSSD 77 BIGVOLUP 3 BIGVODN 9 ACCUMVER 18 HIGHIP21 65 HIUPPCT 187 VHIP21 31 LOWACCUM 350 REDSELL 134 AUGSELS7 25 TRAPDOOR 11

Table 3 Count of Stocks and New Highs in Key Tiger Directories Date = 180612 No. NHs Pct. ------------------------------------------------------------------- MAXCP 144 102 71 % HACKERS 23 6 26 % SOFTWARE 64 16 25 % RETAIL 53 12 23 % COMPUTER 23 5 22 % NIFTY 29 6 21 % TRANSP 20 4 20 % NASD-100 89 14 16 % BIG17 48 7 15 % HOSPITAL 7 1 14 % COAL 8 1 13 % INDEXES 194 24 12 % RUS-1000 821 87 11 % SP500 479 51 11 % BIOTECH 390 30 8 % FIDSTKS 187 15 8 % GAMING 28 2 7 % SP-100 96 7 7 % CHEM 62 4 6 % SEMI 128 8 6 % AUTO 40 2 5 % BEVERAGE 20 1 5 % CHINA 62 3 5 % SOLAR 21 1 5 % INDMATER 84 3 4 % ELECTRON 176 6 3 % GREEN 30 1 3 % MILITARY 38 1 3 % REIT 172 5 3 % ETFS 61 1 2 % OILGAS 131 2 2 % UTILITY 41 1 2 % MINCP 64 1 2 % FINANCE 90 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180612 ------------------------------------------------------------------- MINCP 64 10 16 % GOLD 50 2 4 % HACKERS 23 1 4 % CHEM 62 2 3 % FINANCE 90 3 3 % INFRA 34 1 3 % SOFTWARE 64 2 3 % BIOTECH 390 9 2 % BONDFUND 111 2 2 % ETFS 61 1 2 % UTILITY 41 1 2 % ELECTRON 176 1 1 % INDMATER 84 1 1 % OILGAS 131 1 1 % SEMI 128 1 1 % RUS-1000 821 3 0 % SP500 479 1 0 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/12/18 Bullish = 40 Bearish = 7 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .906 .906 .912 .912 .912 .924 RETAIL .886 .849 .792 .735 .773 .735 COAL .875 .875 .875 .875 .875 .875 REGBANKS .875 .875 .906 .875 .906 .75 NIFTY .862 .793 .758 .793 .793 .758 HOSPITAL .857 .857 .857 .571 .714 .714 SOFTWARE .812 .781 .734 .734 .765 .765 INFRA .794 .764 .735 .735 .705 .735 HOMEBLDG .764 .764 .764 .588 .588 .529 OILGAS .748 .748 .74 .778 .763 .732 NASD-100 .741 .674 .662 .64 .662 .651 COMPUTER .739 .695 .652 .652 .739 .695 HACKERS .739 .695 .695 .695 .739 .695 DOWJONES .733 .7 .7 .7 .7 .533 SP-100 .729 .708 .708 .687 .687 .583 RUS-1000 .719 .705 .689 .671 .65 .611 INDEXES .716 .726 .716 .695 .695 .628 EDU .714 .714 .714 .714 .714 .714 GAMING .714 .75 .714 .75 .75 .714 INDMATER .714 .761 .702 .678 .69 .678 SP500 .711 .688 .668 .636 .615 .567 CHEM .709 .725 .741 .725 .709 .645 TRANSP .7 .8 .65 .5 .6 .6 FINANCE .688 .7 .722 .688 .688 .622 FIDSTKS .684 .679 .657 .647 .614 .54 COMODITY .672 .618 .654 .636 .69 .563 GUNS .666 .722 .722 .722 .666 .722 SEMI .664 .664 .656 .671 .703 .703 ELECTRON .659 .653 .664 .687 .676 .67 BEVERAGE .65 .6 .6 .5 .45 .45 BIG17 .625 .5 .583 .562 .541 .562 DJI-13 .615 .615 .615 .615 .615 .538 BIOTECH .612 .576 .607 .605 .63 .612 BONDFUND .612 .693 .675 .72 .666 .747 MILITARY .605 .631 .684 .631 .552 .552 AUTO .6 .625 .575 .575 .6 .55 GREEN .6 .6 .6 .6 .7 .633 PIPELINE .571 .714 .428 .428 .428 .428 GOLD .54 .56 .46 .48 .5 .5 CHINA .516 .532 .532 .58 .58 .564 N=40 ============================================================================================ INSURANC .483 .451 .516 .387 .387 .322 FOOD .444 .333 .444 .444 .444 .333 ETFS .426 .442 .393 .377 .442 .377 JETS .4 .7 .5 .3 .5 .4 SOLAR .333 .285 .38 .38 .428 .476 BIGBANKS .285 .285 .285 .285 .285 .142 UTILITY .219 .243 .195 .219 .219 .317 N= 7

====================================================================
6/11/2018   The operative Peerless signal is a Sell S9V even though almost all of our internal strength
                   indicators are still rising.  The DJI continues to lag most other ETFs and it keeps falling back
                   on rallies to its 2.3% upper band.  Without more Up Volume, it will be hard for it to
                   quickly eat up the overhead resistance.  And a negative V-Indicator makes it very hard
                   to get a Peerless Buy B4 or a Buy B10, the two main signals that can send the DJI up
                   later in the Summer.

                   With the V-I negative, we should stay short DIA in my view.  But other sectors like
                   RETL and TECL are much stronger.  Short-traders may still want to play them on the
                   long side, but I suggest doing this only for as long as we see rising trends in their Closing
                   Powers and also rising trends in the NYSE ADL trend and the Peerless P-I and IP21
                    (Accumulation).

                 Sometimes, we get valuable clues about where the market is going by looking
                 at the leveraged general market ETFs.  Thus is may be significant now that
                 TQQQ has reached resistance and looks vulnerable to a Closing Power
                 uptrend-break, especially since it shows purple NC down arrows and its
                 IP21-Accumulation is weakening noticeably.  

                


                 I take the strongest sectors to be  RETL.   At least, that is what we can glean
                 from Table 1, where we can find the ETFs with the highest IP21and ITRS
                 (Relative Strength) readings.  Traders should watch all the key ETFs' closing prices
                 this week to be sure that they are remaining above their posted 5-day ma pivot-points.
                 When they drop below the pivot-points, the 5-day ma will then be turning down.
                 Traders should also note if their steep Closing Power uptrends are clearly violated. 
                 Such violations will take place, I reckon, if the key ETFs  close more than 1% below the
                 openings this week.  This could occur if traders decide to take profits on the news
                 of success at the Singapore talks, if the Government's CPI number spikes up to 3%
                 tomorrow or if the FED does raise interest rates at the FOMC meeting this week.

                                                    RETL is moving up very quickly.
                                            But now it has reached its most likely resistance. 

Table 1                        QUICKSILVER on ETFS - 06/11/18 ETF                       CLOSE     CHANGE      PIVOT-PT     5-dma AROC   CL-PWR TREND     CANDLE     IP21       ITRS ---------------------------------------------------------------------------------------------------- DIA                253.39    + .12        248.15       103.5%       Bullish                      RED     .131   ----- ----------------------------------------------------------------------------------------------------- COMPQX  7659.93  14.42        7637.86          35%         Bullish                     BLUE   .233  .035 ------------------------------------------------------------------------------------------------------ SPY              278.56       .37           275.1           66.2%       Bullish                     BLUE    .215  .009 ------------------------------------------------------------------------------------------------------- QQQ             174.91      .47          174.84          17.5%     Bullish                     BLUE    .201   .043 ------------------------------------------------------------------------------------------------------- MDY              364.62    -.05          359.49          82.4%    Bullish                     RED      .174    .017 ------------------------------------------------------------------------------------------------------- IWM              166.77      .25          165.73          62.1%    Bullish                     BLUE     .257   .049 -------------------------------------------------------------------------------------------------------- FAS                   69.56    -.47            66.6           182.4%   Bearish                   RED       .069   .032 -------------------------------------------------------------------------------------------------------- RETL                 45.96    1.46            41.8            737.8%  Bullish                    BLUE     .232   .357 Strong --------------------------------------------------------------------------------------------------------- SOXL            175.47 -1.31          182.99         -140.9%   Bullish                     RED   .166   .099 --------------------------------------------------------------------------------------------------------- TECL              147.73   1.24          148.23                46%   Bullish                     BLUE  .216  .242 Strong ---------------------------------------------------------------------------------------------------------- GASL                 22.83     .79             20.78           488%    Bullish                     BLUE     .2     .265 Strong

                 Hopes that Korea will be ne-nuclearized by virtue of Trump's stick and carrot strategy
                 seem excellent. A more popular Trump is exactly what Wall Street wants. But a positive
                 outcome in the Singapore meeting should have been anticipated by actions taken before
                 the meeting by North Korea to show that they were serious about rapidly de-escalating
                 their nuclear threat.  So profit-taking on the news must be expected.

                 A second positive now would be if the FED does not raise rates at the FOMB meeting
                 this week.  Watch the report tomorrow morning about Inflation.  The strength of the Dollar
                 and many financials recently would seem to suggest the FED may well hesitate about a rate hike
                 this month.  That view lies behind a good deal of the buying of stocks now, especially
                 in the Retail sector.
                         https://www.cnbc.com/2018/06/08/fed-has-surprise-that-could-mean-early-end-to-interest-rate-hikes.html

Charts 6/11/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/11/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/611/BULLISH.htm                            Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/611/BEARISH.htm

Table 2 Count of Stocks in Key Directories 20180611 ------------------------------- NEWHIGHS 267 Bullish NEWLOWS 28 MAXCP 131 Pros still net bullish MINCP 90 TTTNH 136 Day Traders are still playing long side. TTTNL 95 FASTUP 176 Swing Traders are still bullish FASTDOWN 71 CPCROSSA 84 CPCROSSD 85 BIGVOLUP 5 BIGVODN 12

Table 3 Count of Stocks and New Highs in Key Tiger Directories Date = 180611 No. NHs Pct. ------------------------------------------------------------------- MAXCP 131 78 60 % HOSPITAL 7 2 29 % RETAIL 53 11 21 % TRANSP 20 4 20 % SOFTWARE 64 10 16 % COMPUTER 23 3 13 % HACKERS 23 3 13 % MILITARY 38 4 11 % BEVERAGE 20 2 10 % CHEM 62 6 10 % NASD-100 89 9 10 % BIG17 46 4 9 % DJI-13 13 1 8 % INDEXES 195 16 8 % RUS-1000 821 64 8 % SP500 479 36 8 % GAMING 28 2 7 % NIFTY 29 2 7 % BIOTECH 387 25 6 % FIDSTKS 187 11 6 % INSURANC 31 2 6 % SP-100 96 6 6 % AUTO 40 2 5 % ELECTRON 176 8 5 % INDMATER 84 3 4 % CHINA 62 2 3 % DOWJONES 30 1 3 % REGBANKS 32 1 3 % SEMI 128 4 3 % ETFS 61 1 2 % OILGAS 131 3 2 % FINANCE 90 1 1 % REIT 172 2 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180611 ------------------------------------------------------------------- MINCP 90 20 22 % UTILITY 41 7 17 % SOLAR 21 1 5 % GAMING 28 1 4 % GOLD 50 2 4 % GREEN 30 1 3 % INSURANC 31 1 3 % BIOTECH 387 9 2 % BONDFUND 111 2 2 % CHEM 62 1 2 % CHINA 62 1 2 % ELECTRON 176 3 2 % SEMI 128 3 2 % SOFTWARE 64 1 2 % SP500 479 8 2 % FIDSTKS 187 1 1 % RUS-1000 821 9 1 % Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/11/18 Bullish = 40 Bearish = 7 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .906 .912 .912 .912 .924 .941 COAL .875 .875 .875 .875 .875 .875 REGBANKS .875 .906 .875 .906 .718 .75 HOSPITAL .857 .857 .571 .714 .714 .714 RETAIL .849 .792 .735 .773 .735 .66 TRANSP .8 .65 .5 .6 .6 .6 NIFTY .793 .758 .793 .793 .758 .758 SOFTWARE .781 .734 .734 .765 .75 .75 HOMEBLDG .764 .764 .588 .588 .529 .47 INFRA .764 .735 .735 .705 .735 .705 INDMATER .761 .702 .678 .69 .69 .63 GAMING .75 .714 .75 .75 .714 .714 OILGAS .748 .74 .778 .763 .732 .74 CHEM .725 .741 .725 .709 .661 .612 INDEXES .723 .712 .692 .692 .625 .615 GUNS .722 .722 .722 .666 .722 .722 EDU .714 .714 .714 .714 .714 .714 PIPELINE .714 .428 .428 .428 .428 .428 SP-100 .708 .708 .687 .687 .562 .572 RUS-1000 .705 .689 .671 .65 .607 .6 DOWJONES .7 .7 .7 .7 .533 .566 FINANCE .7 .722 .688 .688 .611 .6 JETS .7 .5 .3 .5 .4 .4 COMPUTER .695 .652 .652 .739 .695 .652 HACKERS .695 .695 .695 .739 .695 .695 BONDFUND .693 .675 .72 .666 .738 .711 SP500 .688 .668 .636 .615 .561 .555 FIDSTKS .679 .657 .647 .614 .534 .55 NASD-100 .674 .662 .64 .662 .64 .617 SEMI .664 .656 .671 .703 .703 .671 ELECTRON .653 .664 .687 .676 .664 .636 MILITARY .631 .684 .631 .552 .552 .552 AUTO .625 .575 .575 .6 .55 .475 COMODITY .618 .654 .636 .69 .563 .6 DJI-13 .615 .615 .615 .615 .538 .538 BEVERAGE .6 .6 .5 .45 .45 .55 GREEN .6 .6 .6 .7 .633 .633 BIOTECH .581 .612 .609 .635 .617 .594 GOLD .56 .46 .48 .5 .5 .46 CHINA .532 .532 .58 .58 .564 .564 N=40 =========================================================================================== BIG17 .478 .565 .543 .543 .521 .543 INSURANC .451 .516 .387 .387 .322 .29 ETFS .442 .393 .377 .442 .377 .409 FOOD .333 .444 .444 .444 .333 .222 BIGBANKS .285 .285 .285 .285 .142 .142 SOLAR .285 .38 .38 .428 .476 .476 UTILITY .243 .195 .219 .219 .317 .317 N=7

====================================================================

6/8/2018   The operative Peerless signal is a Sell S9V.  The NASDAQ appears vulnerable
                  to some profit-taking.  It is at the top of its price channel.  But if there is no
                  pullback in the next two weeks, the odds will favor a DJI price breakout like
                  those that occurred in late June 1929 and late June 1987.  Such a Summer advance will
                  most likely bring a new Peerless Buy B4 and a big up-swing in the P-I and IP21
                  Indicators, along with the V-I turning positive.  Right now, Peerless would seem
                  to have the DJI boxed in.  A new Sell S9-V is likely if the DJI closes 130 points
                  higher, since the V-I remains negative.

                               The DJI needs only close +.5% higher to bring a new S9-V.                                     



                  But watch Boeing's ( BA) shares.  It is on the verge of a price breakout.  As the
                  highest priced stock in the DJI, it has the most weight in the average by far.
                  There are only a few "toppy"-looking and vulnerable DJI-30 stocks at this
                  time, in my judgement, AXP, CSCO, GS and JPM (at falling 65-dma).  if
                  a big decline was just ahead, I think we would see more top patterns.

                  Watch also IWM and the NASDAQ (below)  to see if they can regain their advantage
                  over the DJI.  If their relative strength sags, it will show a narrowing market and make
                  a new leg up by the DJI less likely. On the other hand, a resumption of their uptrends,
                  would be bullish and get me to advise traders to buy IWM again.


 


                 Also watch the Closing Power uptrend for IWM, TECL and QQQ.  A bad down-day
                 after a strong opening on Monday would probably break these key ETFs' CP uptrends
                 and bring new bearish "red popsicles" on our candle-stick charts.   Since they have made
                 new highs without the benefit of Closing Power confirmations, a rupture of the CP uptrends
                 would be bearish.  It would suggest that we may start seeing a pattern of up openings
                 followed by weak (and disheartening) closings.

                 At this stage, I would stay short DIA.  There are some appealing breakouts on those
                 weekly charts now showing high Accumulation, a refusal to sell-off below their 30-wk ma
                 plus weekly Tiger Buy B12s. 
                       See their charts at www.tigersoft.com/4XXH/MAXCPS/WKLY/WKCHARTS.htm  

Charts 6/9/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/8/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/608/BULLISH.htm                          Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/608/BEARISH.htm

                 Some of you have asked about our TigerSoft meetings here.  This will give you some
                 sense of them.  Note the new tables of data I introduced.

Minutes from San Diego TigerSoft Meeting 6/9/2018

I showed the basis for current S9v, mentioning that it occurred with the DJI closing 2.35% over the 21-dma
instead of 2.4%.  Otherwise, we would still be operating under a Buy B9. The optimal bands around the
21-dma have been much less since 2010 than there were between 1970 and 2000.  See the table just below.
Presently, the DJI's upper 2.35% band is only 100 points higher and so is set to give another S9V.  Because
of this and the ample overhead resistance in the DJI, DIA should make a good short sale while at the
same time holding long some Bullish MAXCPs in the tech sector.  (Later in the meeting I mentioned
the most bullish weekly charts I could find. 
I show their charts here ---> http://www.tigersoft.com/4XXH/MAXCPS/WKLY/WKCHARTS.htm )

Optimized Fixed Interval Bands around 21-dma by Year: These Bracket 95% of The DJI Closings:1915-2017 Year Optimized Fixed Width Band ------------------------------- 1915-1919 4.8% 1920-1929 4.2% 1930-1939 8.1% 1940-1949 3.6% 1950-1959 3.3% 1960-1969 3.4% 1970-1979 4.5% 1980-1989 4.8% 1990-1999 4.7% 1990-1999 4.7% 2000-2010 5.2% 2010-2017 3.5% Big Drop Hence the need to reduce bands in some Sell Signals.

The key question: should we trust an S9V when the AD Line is making new highs? 

"Yes" is the answer from 2011's chart.  But "NO" is the answer from charts of June 1929 and
June 1987 when the FED hesitated to raise rates when hikes were expected. 

Next week the FOMC will decide whether to change rates or not.  I doubted if the Fed will raise rates;
they want to help Republicans and Trump.   The strength in the Dollar makes a rate hike seem unnecessary.
Productivity is still considerably above wage increases.  Next week the CPI numbers will come out.  If they
stay at their current levels just above 2.1%, the Fed will not need to raise rates, despite the low
unemployment level.  But any surge in labor strikes outside of  teachers might give them reason to raise
rates.  With unions representing less than 10% of workers these days, strikes would seem unlikely, except
on the docks, in transportation and among machninists, but I am not aware of any contract expirations in
these areas.

Seasonality would seem to favor a June pullback, especially given the 36% probability of a June retreat
in the second year of a Presidential Election.  But Trump is such an unusal President, this statistic may
not be relevant.  Either way, the bullishness of July is striking.  August also favors an adance.  See
the statistics below.  One could argue that the more recent period is more relevant.   In that case, note
from Table 2 below that from 2000 to 2017, the DJI fell on average 5.7% from May to October.

Seasonality Table A: Performance of DJI by Month: 1929-2017 -------------------------------------- Month No. Avg.Change Pct.Up ----- --- ---------- ------ January 88 .011 .613 February 88 .003 .613 March 88 .003 .59 April 88 .014 .647 May 88 -.004 .545 June 88 .008 .522 <--- July 88 .012 .602 August 88 .003 .613 Sept 88 -.011 .465 October 88 .003 .613 November 87 .005 .609 December 87 .014 .735 ------------------------------------------------- avg .005 .597 median .004 .611 Table B: "In May, Go Away" ----------------- Average Annual DJI Gain 1915-1928 1929-1945 1946-2017 2000-2017 November- +5.4% -3.3% +7.3% +5.4% April May- +7.0% +3.6% +4.6% -5.3% <--- October ---------------------------------------------------------- Table 3 Monthly DJI Performance by Year in 4-Year Presidential Cycle ------------------------------------------------------------ 1929-2017 Year of Year after 2nd Year after 3rd Year after Pres.Election Presid.Election Presid. Election Presid. Election ----------------- ----------------- ------------------ ----------------- Month No. Avg. Pct.Up No. Avg. Pct.Up No. Avg. Pct.Up No. Avg. Pct.Up Change Change Change Change ----- ----------------- ----------------- ------------------ ------------------ January 21 .008 .571 23 .007 .565 22 .002 .545 22 .025 .772 February 21 .004 .666 23 -.012 .478 22 .004 .636 22 .016 .681 March 21 .004 .666 23 .002 .478 22 .001 .636 22 .005 .59 April 21 -.009 .523 23 .03 .608 22 .007 .636 22 .026 .818 May 21 -.019 .523 23 .013 .652 22 -.007 .454 22 -.002 .545 June 21 .013 .714 23 .005 .391 22 -.009 .363 <--- 22 .024 .636 July 21 .016 .571 23 .02 .739 22 .006 .545 22 .004 .545 August 21 .022 .761 23 -.003 .521 22 -.009 .590 22 .002 .59 Sept 21 -.004 .38 23 -.016 .478 22 -.011 .409 22 -.012 .59 October 21 -.006 .571 23 -.01 .565 22 .027 .727 22 .002 .59 November 21 .002 .523 22 .007 .727 22 .015 .681 22 -.003 .5 December 21 .01 .809 22 .015 .772 22 .01 .590 22 .019 .772 -------------------------------------------------------------------------------------- Data from upcoming "Secrets of Peerless Stock Market Timing: 1915-2018

Looking again at the chart of the DJI again we see rising internal strength indicators.   Some in this situation,
would simply wait for clarification.  MMl said "not every rainbow should be followed".

But I noted that 2/3 of the S9Vs in June, should the DJI go higher, do bring declines to the lower band. 
1/3 bring much bigger advances.  This omits the ADL as a consideration.

Should we trust a new Sell S9V if the market rallies? In the one other case where the P-I was so strong,6/7/2004, the DJI fell about 5% after its S9-V. There were two other cases where the IP21 was above +.15. In one case, the DJI rose. In the other, it fell. Late May-June Sell S9Vs and Near S9Vs in Bull Markets and Their Outcome. 5 rallies 10 declines 6/17/1929 319.3 -2.9% B4 given on 6/26/1929, producing 7.5% gain. la/ma= 1.04 aroc= -.031 PI=-46 (+12) IP21= -.046 VI=-486 OP=.164 ------------------------------------------------------------------------ 6/2/1943 142.4 DJI rose to 145.8 on 7/14/43 and then fell to 134 on 8/2/1943 la/ma= 1.024 aroc= .429 PI=+26 (-29) IP21= +.104 VI=-31 OP=.302 ------------------------------------------------------------------------ 5/29/1945 169.1 DJI fell to 160.9 on 7/27/1945 la/ma= 1.022 aroc= .267 PI=+14 (+5) IP21= +.022 VI=-59 OP=.168 ------------------------------------------------------------------------ 6/12/1950 228.4 DJI fell to 197.5 on 7/13/1950. NKorean invasion. la/ma= 1.027 aroc= .520 PI=+33 (-3) IP21= +.176 VI=-50 OP=.338 ------------------------------------------------------------------------ 6/28/1954 336.1 DJI rose steadily for rest of year. la/ma= 1.027 aroc= .353 PI=+42 (+5) IP21= +.146 VI=-66 OP=.479 ------------------------------------------------------------------------ 6/7/1955 434.6 DJI rose until 7/26/1955 (468.4) and then fell to 3% LB. la/ma= 1.028 aroc= .304 PI=+40 (-4) IP21= +.080 VI=-59 OP=.276 ------------------------------------------------------------------------ 6/8/1957 518.4 Also S9. DJI fell to 419.8 on 10/22/1957 la/ma= 1.022 aroc= .324 PI=-27 (+4) IP21= +.038 VI=-188 OP=.352 ------------------------------------------------------------------------ 6/1/1959 643.5 Also S7. DJI fell to 617.6 on 6/9/1959 la/ma= 1.019 aroc= .347 PI=-57 (-11) IP21= -.012 VI=-395 OP=.132 ------------------------------------------------------------------------ 6/7/1976 1003.19 Also S5. DJI fell to 963.93 on 8/27/1975 la/ma= 1.027 aroc= .168 PI=+15 (+36) IP21= +.082 VI=0 OP=.055 ------------------------------------------------------------------------ 6/8/1987 2351.64 Also S9/S12. Late B8 on 6/22/1987 gained 7.1%. la/ma= 1.026 aroc= .088 PI=-32 (+23) IP21= -.045 VI=-4 OP=-.187 ------------------------------------------------------------------------ 6/30/1999 10970.80 Also S9/S5 DJI fell to 10655.14 on 7/30/1999. la/ma= 1.024 aroc= .417 PI=+64 (+44) IP21= +.053 VI=-2 OP=+.180 ------------------------------------------------------------------------ 6/7/2004 10391.0 Also S9V DJI fell to 9815.33 on 8/6/2004 la/ma= 1.030 aroc= .177 PI=+351 (+188) IP21= +.034 VI=-22 OP=+.028 ------------------------------------------------------------------------ 6/5/2009 9863.13 Also S9V DJI fell to 8163.60 on 7/7/2009 la/ma= 1.034 aroc= .353 PI=+251 (-63) IP21= +.023 VI=-126 OP=+.053 ------------------------------------------------------------------------ 6/16/2010 10409.46 Also S9V DJI fell to 9686.48 on 7/2/2010 la/ma= 1.025 aroc= -.253 PI=+12 (+2) IP21= -.013 VI=-150 OP=-.203 ------------------------------------------------------------------------ 6/30/2011 12414.34 Also S9V DJI fell to 10719.94 on 8/10/2011 la/ma= 1.027 aroc= .122 PI=+78 (+162) IP21= -.067 VI=-116 OP=+.012 ------------------------------------------------------------------------ 6/8/2018 25316.53 la/ma= 1.020 aroc= .372 PI=+347 (-10) IP21= +.152 VI=-16 OP=+.199

                                                Politics and Wall Street

So, we cannot be sure or as confident as we might like.  Much will depend on Trump's success in
Singapore regarding North Korea as well as what the Fed will do. I mentioned at this point, that
we should consider Wall Street as a political contender.  Populist democrats raise class issues that
threaten Wall Street's ascendance.  I opined that it was very important to see how much the Democrats
have weakened themselves as an opposition party.  On Friday, they told any would-be candidates for
their Party's nomimation for Presidency that they must be declared Democrats (not Democratic Socialists
as Sanders insisted that he was).  I said this will be taken as a sign that the establishment, corporate
Democrats would rather lose the national election than give up their big donor base.   Since this action
will divide the popular base and weaken the Democrats' appeal to many younger Sanders' voters, this
announcement is bullish for the stock market.  Michael added his opinion that this did, indeed, show that
that the Dem leadership was clearly getting elderly and unable to change their thinking even though it
might lose them the 2020 Presidential Election..

                                                       Stocks

Then we looked at stocks. I emphasized that MADRIGAL Pharm. was a "pin-up", an ideal-type.
It showed more than a flat top breakout, high Accumulation and a strongly rising CLosing Power at the
start of its move from below 20 ten months ago.  (It recently hit 315.)  It also showed a pink Asynchronicity Indicator above its blue Synchronicicty Indicator.  This occurred on its recent doubling advance, too.  The importance of a stronger pink line here is that shorts are nervously covering on days when the DJI is down. 
This bullish juxtaposition should shore up our confidence.  It suggests we should always look at this
indicator when judging what will happen when a stock makes an otherwise promising flat topped
breakout. 

Last, but not least, I showed a number of weekly charts like AMZN's where all pullbacks stop at or
above the (red) 30-week ma over the last few years AND there are Buy B12s on the weekly charts
AND very high levels of Accumulation.  I noted that we see what look like breakouts in many of them
occurring now.  I stated that this could be aggressive fund managers' buying in anticipation of yet another
leg up.  But I warned that most of these stocks are getting very high priced.   Such high prices are apt
soon to bring about stock splits which make the stocks more palatable to ordinary investors.  That would
be just in time for a correction.  Dan asked me to provide users a way to see Buy B20s automatically
on charts of the NEWBUYB20s.

I should have taken a vote on whether there will be a June takeoff or a reversal back down from resistance. 
No one seemed very  sure or certain, one way or another.  They see the market as being quite capable
now of going in either direction, given the right or wrong stimuli.  I emphasized that Peerless would probably know what to do by the end of June.  Either we will get a reversing Buy B4 because the P-I, IP21 or OBVPCT
shows a sharp rise over ten trading days, or Peerless will not give this signal. 

Table 1 QUICKSILVER on ETFS - 06/08/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 253.27 .74 248.2 138.6% Bullish BLUE .17 ---- --------------------------------------------------------------------------------------------- COMPQX 7645.51 10.44 7606.46 59.8% Bullish BLUE .257 .037 --------------------------------------------------------------------------------------------- SPY 278.19 .82 274.9 83.3% Bullish BLUE .269 .008 --------------------------------------------------------------------------------------------- QQQ 174.44 .01 174.3 48.7% Bullish BLUE .229 .046 --------------------------------------------------------------------------------------------- MDY 364.67 2.06 358.66 112.9% Bullish BLUE .211 .019 --------------------------------------------------------------------------------------------- IWM 166.52 .5 164.71 81% Bullish BLUE .253 .045 --------------------------------------------------------------------------------------------- FAS 70.03 .67 67.06 312.4% ---- BLUE .143 .066 --------------------------------------------------------------------------------------------- RETL 44.5 1.2 39.71 902.7% Bullish BLUE .194 .336 --------------------------------------------------------------------------------------------- SOXL 176.78 -4.79 180.59 13.8% Bullish BLUE .221 .169 --------------------------------------------------------------------------------------------- TECL 146.49 -.2 146.37 115.3% Bullish BLUE .249 .29 --------------------------------------------------------------------------------------------- IBB 110.11 .35 109.13 12.3% Bullish BLUE .207 -.024 --------------------------------------------------------------------------------------------- GLD 123.01 .15 122.37 21.2% Bearish RED -.15 -.085 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 -.002 --------------------------------------------------------------------------------------------- OIH 27.07 -.48 26.66 1.9% Bearish RED .044 .096 --------------------------------------------------------------------------------------------- GASL 22.04 -.4 20.74 -150.9% ---- RED .191 .302 --------------------------------------------------------------------------------------------- UGA 33.8 -.08 33.91 -50.4% Bullish ---- -.091 -.017 --------------------------------------------------------------------------------------------- UUP 24.64 .01 24.78 -32.4% Bearish ---- -.116 -.02 --------------------------------------------------------------------------------------------- IEF 101.71 -.14 101.57 -10.8% Bullish ---- -.041 -.075 --------------------------------------------------------------------------------------------- XLU 48.69 -.02 49.81 -154.1% Bearish RED -.061 -.094 --------------------------------------------------------------------------------------------- WEAT 6.86 -.06 6.7 0% Bearish RED -.097 .056 --------------------------------------------------------------------------------------------- YINN 34.87 -.8 34.53 252.5% Bullish BLUE .174 .003 --------------------------------------------------------------------------------------------- RSX 21.02 -.18 21.61 -88.7% Bearish RED .055 -.114 --------------------------------------------------------------------------------------------- AAPL 191.7 -1.76 191.83 37.9% Bullish BLUE .152 .089 --------------------------------------------------------------------------------------------- GOOG 1120.87 -2.99 1139.29 6.1% Bullish BLUE .15 .053 --------------------------------------------------------------------------------------------- MSFT 101.63 .75 101.67 41.3% Bullish BLUE .247 .074 --------------------------------------------------------------------------------------------- AMZN 1683.99 -5.31 1665.27 126.5% Bullish BLUE .191 .114 --------------------------------------------------------------------------------------------- FB 189.1 .92 193.28 -127.4% Bullish BLUE .186 .173 --------------------------------------------------------------------------------------------- NVDA 262.28 -.62 264.85 88.6% Bullish BLUE .129 .122 --------------------------------------------------------------------------------------------- BA 369.5 .97 360.73 175.8% Bullish BLUE .072 .092 --------------------------------------------------------------------------------------------- GS 233.39 -.06 229.89 109.4% Bearish BLUE -.18 -.127 --------------------------------------------------------------------------------------------- HD 198.33 2.16 191.36 285.8% Bullish BLUE .235 .072 --------------------------------------------------------------------------------------------- CAT 155.32 -.97 152.5 58.3% Bearish RED -.099 .007

Table 2 Count of Stocks in Key Directories 20180608 ------------------------------- NEWHIGHS 279 10:1 Bullish Ratio NEWLOWS 23 MAXCP 120 Bullish Professionals' Bias MINCP 48 TTTNH 117 Bullish Day Traders TTTNL 89 FASTUP 151 Swing traders are net bullish. FASTDOWN 84 CPCROSSA 121 Professionals switching to bullish side. CPCROSSD 51 BIGVOLUP 5 BIGVODN 13

Table 3 Count of Stocks and New Highs in Key Tiger Directories Date = 180608 No. NHs Pct. ------------------------------------------------------------------- MAXCP 120 72 60 % HOSPITAL 7 2 29 % RETAIL 53 11 21 % HACKERS 23 4 17 % COMPUTER 23 3 13 % REGBANKS 32 4 13 % MILITARY 38 4 11 % SOFTWARE 64 7 11 % CHEM 62 6 10 % INSURANC 31 3 10 % BIG17 46 4 9 % INDEXES 195 17 9 % RUS-1000 822 73 9 % DJI-13 13 1 8 % FINANCE 90 7 8 % NASD-100 89 7 8 % SP500 479 36 8 % DOWJONES 30 2 7 % FIDSTKS 187 13 7 % GAMING 28 2 7 % NIFTY 30 2 7 % INFRA 34 2 6 % BIOTECH 387 21 5 % SP-100 96 5 5 % TRANSP 20 1 5 % INDMATER 84 3 4 % AUTO 40 1 3 % ELECTRON 175 5 3 % ETFS 61 1 2 % REIT 172 3 2 % SEMI 128 2 2 %

Table 4 Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180608 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 48 11 23 % JETS 10 1 10 % SOLAR 21 1 5 % GAMING 28 1 4 % INSURANC 31 1 3 % MILITARY 38 1 3 % NIFTY 30 1 3 % BIOTECH 387 7 2 % CHEM 62 1 2 % CHINA 62 1 2 % GOLD 50 1 2 % OILGAS 131 2 2 % SEMI 128 2 2 % SOFTWARE 64 1 2 % UTILITY 42 1 2 % BONDFUND 111 1 1 % ELECTRON 175 1 1 % RUS-1000 822 4 0 % SP500 479 2 0 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/8/18 Bullish = 39 Bearish = 7 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .912 .912 .912 .924 .941 .906 REGBANKS .906 .875 .906 .718 .75 .687 COAL .875 .875 .875 .875 .875 .875 HOSPITAL .857 .571 .714 .714 .714 .714 RETAIL .792 .735 .773 .735 .66 .641 NIFTY .766 .8 .8 .766 .766 .733 HOMEBLDG .764 .588 .588 .529 .47 .47 CHEM .741 .725 .709 .661 .612 .58 OILGAS .74 .778 .763 .732 .74 .778 INFRA .735 .735 .705 .735 .705 .676 SOFTWARE .734 .734 .765 .75 .75 .75 FINANCE .722 .688 .688 .611 .6 .566 GUNS .722 .722 .666 .722 .722 .722 EDU .714 .714 .714 .714 .714 .714 GAMING .714 .75 .75 .714 .714 .678 INDEXES .712 .692 .692 .625 .615 .641 SP-100 .708 .687 .687 .562 .583 .562 INDMATER .702 .678 .69 .69 .63 .63 DOWJONES .7 .7 .7 .533 .6 .566 HACKERS .695 .695 .739 .695 .695 .695 RUS-1000 .689 .671 .65 .608 .603 .577 MILITARY .684 .631 .552 .552 .552 .526 BONDFUND .675 .72 .666 .738 .702 .72 SP500 .668 .636 .615 .561 .559 .53 ELECTRON .662 .685 .674 .668 .64 .662 NASD-100 .662 .64 .662 .64 .617 .617 FIDSTKS .657 .647 .614 .534 .556 .518 SEMI .656 .671 .703 .703 .679 .718 COMODITY .654 .636 .69 .563 .6 .6 COMPUTER .652 .652 .739 .695 .695 .652 TRANSP .65 .5 .6 .6 .6 .6 DJI-13 .615 .615 .615 .538 .615 .538 BIOTECH .612 .609 .635 .617 .589 .594 BEVERAGE .6 .5 .45 .45 .55 .4 GREEN .6 .6 .7 .633 .633 .666 AUTO .575 .575 .6 .55 .475 .475 BIG17 .565 .543 .543 .521 .543 .565 CHINA .532 .58 .58 .564 .564 .451 INSURANC .516 .387 .387 .322 .29 .322 Bullish = 39 =========================================================================================== JETS .5 .3 .5 .4 .4 .3 =========================================================================================== GOLD .46 .48 .5 .5 .46 .5 FOOD .444 .444 .444 .333 .222 .444 PIPELINE .428 .428 .428 .428 .428 .428 ETFS .393 .377 .442 .377 .409 .262 SOLAR .38 .38 .428 .476 .476 .476 BIGBANKS .285 .285 .285 .142 .142 .142 UTILITY .214 .238 .238 .333 .333 .38 N=7

====================================================================
          6/7/2018       The DJI could not breakout above its flat resistance.  Peerless still
                                 shows the operative signal to be a Sell S9-V.  In fact, we
                                 came within 130 points of getting another S9-v today.  The DJI
                                 was at a pivotal point and its breakout failed.  A decline to retest
                                 24500 seems a good possibility now.  



                                 The NASDAQ made a nominal closing high but it also failed to hold
                                 above its  January high closing.  When we look at the NASDAQ chart
                                 using bands around its 65-dma, we see it reached yesterday as overbought
                                 a condition,  6% over the 65-dma, as it was oversold, at its bottom a few
                                 months ago. 



                                 All these factors came into play today.  The downside action
                                 of the tech stocks was surprisingly intense.  Today's "red popsicles"
                                 on IWM, QQQ and TECL look very much like those before other
                                 tech corrections over the past year.   In TECL's chart below,
                                 there is considerable risk, epecially if the green uptrendlines are violated.
                                 A weak closing tomorrow will break the Closing Power uptrends.


                                
                                 The risks in the market now outweigh the rewards unless the bulls find
                                 a new way to assert themselves or the White House finds a new carrot
                                 to dangle in front of Wall Street.  Let's see how much downside damage
                                 follows today's tech reversal.



                                 With the upside limited and the DJI's rise today completely unconfirmed
                                 by the leading ETFs, QQQ, IWM and TECL as well as the NASDAQ,
                                 we have to switch to a defensive posture.  All day, QQQ, IWM and
                                 TECL fell despite the DJI being up more than 200 early in the day.  This
                                 has the look of a significant reversal downward, given the four S9s
                                 since January and the still negative V-Indicator with the DJI at the
                                 upper 1.7% band.   Later in June, the bullish 1929 and 1987 Summer
                                 examples might still play out in 2018.  But first, we are going to have to see how
                                 much muscle the BEARS have. 

                                 Selling out our long ETFs and shorting DIA as well as the weakest
                                 MINCPs must be the first order of business, given today's ugliness. With the
                                 S9-V still operative, a decline back below 24000 seems quite likely.

Charts 6/7/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/7/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/607/BULLISH.htm                                             Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/607/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 06/07/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 252.53 1.01 246.36 168.6% Bullish BLUE .155 ----- --------------------------------------------------------------------------------------------- COMPQX 7635.07 -54.17 7554.33 127.2% Bullish RED .268 .03 --------------------------------------------------------------------------------------------- SPY 277.37 -.03 273.6 117.2% Bullish RED .255 .005 --------------------------------------------------------------------------------------------- QQQ 174.43 -1.43 172.74 125.6% Bullish RED .248 .037 --------------------------------------------------------------------------------------------- MDY 362.61 .14 356.54 112.6% Bullish RED .15 .018 --------------------------------------------------------------------------------------------- IWM 166.02 -.91 163.84 98.6% Bullish RED .239 .044 --------------------------------------------------------------------------------------------- FAS 69.36 -.28 65.8 389.3% Bullish RED .157 .07 --------------------------------------------------------------------------------------------- RETL 43.3 .84 37.12 853.8% Bullish BLUE .157 .345 --------------------------------------------------------------------------------------------- SOXL 181.57 -4.95 176.28 458.7% Bullish RED .245 .125 --------------------------------------------------------------------------------------------- TECL 146.69 -4.08 143.1 370.6% Bullish RED .287 .268 --------------------------------------------------------------------------------------------- IBB 109.76 -.76 109.84 59.9% Bullish RED .218 -.016 --------------------------------------------------------------------------------------------- GLD 122.86 -.06 122.49 -9.8% Bearish RED -.173 -.096 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .002 --------------------------------------------------------------------------------------------- OIH 27.55 .55 27.06 74.2% Bullish BLUE .034 .096 --------------------------------------------------------------------------------------------- GASL 22.44 1.37 22.69 -99.4% ---- BLUE .106 .277 --------------------------------------------------------------------------------------------- UGA 33.88 .66 34.14 -95.9% Bullish BLUE -.051 -.003 --------------------------------------------------------------------------------------------- UUP 24.63 -.05 24.8 -26.3% ---- ---- -.081 -.008 --------------------------------------------------------------------------------------------- IEF 101.85 .43 101.93 -32.4% Bullish BLUE -.007 -.071 --------------------------------------------------------------------------------------------- XLU 48.71 .34 50.21 -229% Bearish BLUE -.083 -.091 --------------------------------------------------------------------------------------------- WEAT 6.92 .05 6.86 44.1% Bearish RED -.095 .065 --------------------------------------------------------------------------------------------- YINN 35.67 -.53 33.11 552.8% Bullish RED .196 .003 --------------------------------------------------------------------------------------------- RSX 21.2 -.3 21.4 21% Bearish RED .062 -.108 --------------------------------------------------------------------------------------------- AAPL 193.46 -.52 190.24 172.3% Bullish RED .159 .089 --------------------------------------------------------------------------------------------- GOOG 1123.86 -13.02 1119.5 172.9% Bullish RED .191 .058 --------------------------------------------------------------------------------------------- MSFT 100.88 -1.61 100.79 100.8% Bullish RED .275 .068 --------------------------------------------------------------------------------------------- AMZN 1689.3 -6.45 1641.54 179.1% Bullish RED .228 .069 --------------------------------------------------------------------------------------------- FB 188.18 -3.16 193.99 -93.4% Bullish RED .208 .176 --------------------------------------------------------------------------------------------- NVDA 262.9 -2.25 257.62 205.2% Bullish RED .168 .106 --------------------------------------------------------------------------------------------- BA 368.53 -3.03 356.72 227.2% Bullish RED .08 .088 --------------------------------------------------------------------------------------------- GS 233.45 1.22 228.35 165.3% Bearish RED -.146 -.116 --------------------------------------------------------------------------------------------- HD 196.17 2.58 187.35 252.9% Bullish BLUE .231 .063 --------------------------------------------------------------------------------------------- CAT 156.29 -.22 153.52 142.7% ---- RED -.038 .004

Table  2 Count of Stocks in Key Directories 20180607 ------------------------------- NEWHIGHS 196 Bullish but NHs have fallen 50% from 2 days ago. NEWLOWS 37 MAXCP 78 MINCP 83 Bearish shift. TTTNH 90 TTTNL 155 Day Traders switched to bearish mode. FASTUP 168 Swing traders remain bullish. FASTDOWN 94 CPCROSSA 68 CPCROSSD 122 Pros switching to bearish mode. BIGVOLUP 4 BIGVODN 17 More dumping...

Table 3 Count of Stocks and New Highs in Key Tiger Directories Date = 180607 No. NHs Pct. ------------------------------------------------------------------- MAXCP 78 37 47 % RETAIL 53 11 21 % HOSPITAL 7 1 14 % COAL 8 1 13 % BIG17 48 5 10 % COMPUTER 23 2 9 % REGBANKS 32 3 9 % DJI-13 13 1 8 % DOWJONES 30 2 7 % FINANCE 90 6 7 % INSURANC 31 2 6 % SP-100 96 6 6 % AUTO 40 2 5 % FIDSTKS 187 10 5 % RUS-1000 822 42 5 % TRANSP 20 1 5 % BIOTECH 387 15 4 % GAMING 28 1 4 % NASD-100 89 4 4 % SP500 479 21 4 % CHEM 62 2 3 % CHINA 62 2 3 % GREEN 30 1 3 % INDEXES 195 5 3 % MILITARY 38 1 3 % SOFTWARE 64 2 3 % ELECTRON 176 3 2 % OILGAS 131 2 2 % SEMI 128 2 2 % INDMATER 84 1 1 % REIT 172 2 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180607 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 83 23 28 % UTILITY 42 5 12 % JETS 10 1 10 % SOLAR 21 2 10 % GOLD 50 3 6 % BEVERAGE 20 1 5 % ETFS 61 3 5 % GAMING 28 1 4 % GREEN 30 1 3 % INSURANC 31 1 3 % MILITARY 38 1 3 % NIFTY 29 1 3 % SOFTWARE 64 2 3 % BIOTECH 387 7 2 % CHEM 62 1 2 % SEMI 128 3 2 % ELECTRON 176 2 1 % FIDSTKS 187 1 1 % FINANCE 90 1 1 % INDMATER 84 1 1 % NASD-100 89 1 1 % OILGAS 131 1 1 % RUS-1000 822 6 1 % SP500 479 2 0 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/7/18 Bullish = 36 Bearish = 11 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .912 .912 .924 .941 .906 .912 COAL .875 .875 .875 .875 .875 .875 REGBANKS .875 .906 .718 .75 .718 .625 NIFTY .793 .793 .758 .758 .724 .655 OILGAS .778 .763 .732 .74 .786 .786 GAMING .75 .75 .714 .714 .678 .678 INFRA .735 .705 .735 .705 .676 .617 RETAIL .735 .773 .735 .66 .622 .603 SOFTWARE .734 .765 .75 .75 .75 .625 CHEM .725 .709 .661 .612 .596 .58 GUNS .722 .666 .722 .722 .722 .722 BONDFUND .72 .666 .738 .702 .702 .783 EDU .714 .714 .714 .714 .714 .714 DOWJONES .7 .7 .533 .6 .533 .466 HACKERS .695 .739 .695 .695 .695 .652 FINANCE .688 .688 .611 .6 .566 .533 ELECTRON .687 .676 .664 .636 .653 .545 INDEXES .687 .692 .625 .615 .641 .584 SP-100 .687 .687 .562 .583 .552 .541 INDMATER .678 .69 .69 .63 .63 .607 RUS-1000 .671 .65 .608 .603 .581 .553 SEMI .671 .703 .703 .679 .71 .578 COMPUTER .652 .739 .695 .695 .652 .565 FIDSTKS .647 .614 .534 .556 .518 .465 NASD-100 .64 .662 .64 .617 .617 .573 COMODITY .636 .69 .563 .6 .6 .654 SP500 .636 .615 .561 .559 .532 .49 MILITARY .631 .552 .552 .552 .526 .5 DJI-13 .615 .615 .538 .615 .538 .461 BIOTECH .609 .635 .617 .589 .591 .56 GREEN .6 .7 .633 .633 .666 .633 HOMEBLDG .588 .588 .529 .47 .47 .47 BIG17 .583 .562 .541 .562 .562 .562 CHINA .58 .58 .564 .564 .451 .516 AUTO .575 .6 .55 .475 .475 .45 HOSPITAL .571 .714 .714 .714 .714 .571 N=36 ============================================================================================ BEVERAGE .5 .45 .45 .55 .4 .4 TRANSP .5 .6 .6 .6 .6 .6 ============================================================================================ GOLD .48 .5 .5 .46 .5 .5 FOOD .444 .444 .333 .222 .444 .555 PIPELINE .428 .428 .428 .428 .428 .428 INSURANC .387 .387 .322 .29 .322 .258 SOLAR .38 .428 .476 .476 .476 .666 ETFS .377 .442 .377 .409 .278 .229 JETS .3 .5 .4 .4 .3 .4 BIGBANKS .285 .285 .142 .142 .142 .142 UTILITY .238 .238 .333 .333 .38 .547 N=9

====================================================================
          6/6/2018     The DJI is now at the flat resistance of 25150.  It is also 0.65% away from
                               its upper 2.35% band, the level at which we are likely to get a new Sell S9-V
                               because the V-I is still negative.

                               While this may bring a reversal, I would rather stay long IWM, TECL and QQQ
                               for the time being.  The technical reasons for being bullish have been laid out
                               in previous Hotlines. The June 1929 and June 1987 scenarios seem the most
                               applicable for us now.  See in their charts just below how the DJI  in June in
                               these cases broke above its resistance and the Peerless internal strength indicators
                               rapidly improved, thus giving a reversing Buy B4, which though late, was still
                               quite profitable.  So, anticipating a breakout and the possibility of a Buy B4,
                               I would also avoid shorting DIA for now. 



                                                              1987 June Buy B4



                                                         June Buy B4 1929



                               Another ETF leading the present rally is RETL.  Mostly it is the big importers
                               that are boosting RETL now.  They are all benefitting from the strong Dollar. It
                               is a huge mistake to think of RETL as being synonoymous with Sears or
                               JC Penny.  Everything revolves around the terms of international trade for RETL.
                               As the Dollar goes, so goes RETL now.

RETL and Strongest (Importers) Retail stocks

                                                      Charts of Most Bullish ETFS

Charts 6/6/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/6/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/606/BULLISH.htm                                             Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/606/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 06/06/18 The DJI is weakest major ETF. IP21 ITRS Strongest are IWM .297 .049 RETL .293 .259 SOXL .297 .041 TECL .336 .193 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 251.52 3.37 244.18 97.7% Bullish BLUE .178 ----- --------------------------------------------------------------------------------------------- COMPQX 7689.24 51.38 7442.12 150.4% Bullish BLUE .309 .025 --------------------------------------------------------------------------------------------- SPY 277.4 2.3 270.94 87.6% Bullish BLUE .283 .006 --------------------------------------------------------------------------------------------- QQQ 175.86 1.02 170.07 164.7% Bullish BLUE .295 .03 --------------------------------------------------------------------------------------------- MDY 362.47 2.98 354.54 54.3% Bullish BLUE .18 .021 --------------------------------------------------------------------------------------------- IWM 166.93 1.2 162.77 86.8% Bullish BLUE .297 .049 --------------------------------------------------------------------------------------------- FAS 69.64 3.04 64.17 323.7% Bullish BLUE .168 .036 --------------------------------------------------------------------------------------------- RETL 42.46 .66 36.55 494% Bullish RED .293 .259 --------------------------------------------------------------------------------------------- SOXL 186.52 3.53 165.21 504.9% Bullish BLUE .297 .041 --------------------------------------------------------------------------------------------- TECL 150.77 2.54 135.95 523.9% Bullish BLUE .336 .193 --------------------------------------------------------------------------------------------- IBB 110.52 1.36 108.45 92.2% Bullish BLUE .223 -.018 --------------------------------------------------------------------------------------------- GLD 122.92 .07 123.1 -18.3% Bearish RED -.147 -.082 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .021 --------------------------------------------------------------------------------------------- OIH 27 .17 27.15 -118.2% ---- BLUE .073 .07 --------------------------------------------------------------------------------------------- GASL 21.07 .29 22.87 -538.3% ---- RED .148 .118 --------------------------------------------------------------------------------------------- UGA 33.22 -.37 34.53 -249.9% ---- RED -.051 -.008 --------------------------------------------------------------------------------------------- UUP 24.68 -.07 24.76 -20.2% Bearish ---- -.123 .019 --------------------------------------------------------------------------------------------- IEF 101.42 -.41 102.51 -55.8% Bullish RED -.019 -.05 --------------------------------------------------------------------------------------------- XLU 48.37 -1.18 50.99 -252.5% Bearish RED -.137 -.064 --------------------------------------------------------------------------------------------- WEAT 6.87 .13 6.86 22.1% Bearish ---- -.076 .061 --------------------------------------------------------------------------------------------- YINN 36.2 1.44 31.9 742.8% Bullish BLUE .246 -.008 --------------------------------------------------------------------------------------------- RSX 21.5 .09 21.11 16.4% Bullish BLUE .15 -.084 --------------------------------------------------------------------------------------------- AAPL 193.98 .67 186.87 170.6% Bullish BLUE .201 .083 --------------------------------------------------------------------------------------------- GOOG 1136.88 -2.78 1084.99 311.1% Bullish RED .205 .039 --------------------------------------------------------------------------------------------- MSFT 102.49 .3 98.84 176.1% Bullish ---- .329 .053 --------------------------------------------------------------------------------------------- AMZN 1695.75 -.6 1629.62 214.5% Bullish RED .241 .05 --------------------------------------------------------------------------------------------- FB 191.34 -1.6 191.78 95.6% Bullish BLUE .27 .155 --------------------------------------------------------------------------------------------- NVDA 265.15 .08 252.19 235.2% Bullish BLUE .201 .044 --------------------------------------------------------------------------------------------- BA 371.56 11.46 352.16 187% Bullish BLUE .086 .089 --------------------------------------------------------------------------------------------- GS 232.23 3.89 225.88 67.2% Bearish BLUE -.154 -.129 --------------------------------------------------------------------------------------------- HD 193.59 1.65 186.55 172.1% Bullish BLUE .249 .057 --------------------------------------------------------------------------------------------- CAT 156.51 3.5 151.91 34.3% ---- BLUE -.018 .009

Table 2 Count of Stocks in Key Directories 20180606 ------------------------------- NEWHIGHS 537 Bullish NEWLOWS 44 MAXCP 194 Bullish MINCP 89 TTTNH 155 Day Traders are net bullish. TTTNL 121 FASTUP 195 Swing Traders are net bullish. FASTDOWN 108 CPCROSSA 164 Pros have shifted to bullish side. CPCROSSD 45 BIGVOLUP 6 BIGVODN 2

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180606 No. NHs Pct. =============================================================== MAXCP 194 158 81 % EDU 7 3 43 % NIFTY 29 10 34 % SOFTWARE 64 21 33 % REGBANKS 32 10 31 % COMPUTER 23 7 30 % HACKERS 23 6 26 % NASD-100 89 22 25 % FINANCE 90 22 24 % DJI-13 13 3 23 % RETAIL 53 12 23 % DOWJONES 30 6 20 % FIDSTKS 187 29 16 % INDEXES 195 32 16 % CHEM 62 9 15 % HOSPITAL 7 1 14 % INDMATER 85 12 14 % BIG17 46 6 13 % MILITARY 38 5 13 % RUS-1000 822 109 13 % SP500 479 64 13 % COAL 9 1 11 % ELECTRON 176 20 11 % SP-100 96 11 11 % BIOTECH 387 39 10 % GREEN 30 3 10 % INSURANC 31 3 10 % SEMI 128 13 10 % INFRA 34 3 9 % AUTO 40 3 7 % GAMING 28 2 7 % ETFS 61 3 5 % TRANSP 20 1 5 % OILGAS 132 5 4 % CHINA 62 2 3 % REIT 172 5 3 % COMODITY 56 1 2 % GOLD 50 1 2 % MINCP 89 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180606 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 89 26 29 % UTILITY 42 10 24 % JETS 10 1 10 % SOLAR 21 2 10 % MILITARY 38 2 5 % GREEN 30 1 3 % INSURANC 31 1 3 % NIFTY 29 1 3 % SOFTWARE 64 2 3 % SP500 479 14 3 % BIOTECH 387 6 2 % ELECTRON 176 3 2 % ETFS 61 1 2 % FIDSTKS 187 3 2 % GOLD 50 1 2 % OILGAS 132 3 2 % RUS-1000 822 17 2 % SEMI 128 3 2 % BONDFUND 111 1 1 % FINANCE 90 1 1 % INDMATER 85 1 1 % INDEXES 195 1 1 % SP-100 96 1 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/6/18 Bullish = 37 Bearish = 8 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .912 .924 .941 .906 .912 .93 REGBANKS .906 .718 .75 .718 .625 .687 COAL .888 .888 .888 .888 .888 .888 NIFTY .793 .758 .758 .724 .655 .689 RETAIL .773 .735 .66 .622 .603 .735 OILGAS .765 .734 .742 .787 .795 .803 SOFTWARE .765 .75 .75 .75 .64 .64 GAMING .75 .714 .714 .678 .678 .678 COMPUTER .739 .695 .695 .652 .565 .652 HACKERS .739 .695 .695 .695 .652 .652 EDU .714 .714 .714 .714 .714 .857 HOSPITAL .714 .714 .714 .714 .571 .857 CHEM .709 .661 .612 .596 .58 .596 INFRA .705 .735 .705 .676 .617 .647 SEMI .703 .703 .679 .71 .585 .648 DOWJONES .7 .533 .6 .533 .5 .6 GREEN .7 .633 .633 .666 .633 .666 COMODITY .696 .571 .607 .607 .66 .642 INDMATER .694 .694 .635 .635 .611 .6 INDEXES .692 .625 .615 .641 .584 .635 FINANCE .688 .611 .6 .566 .533 .544 SP-100 .687 .562 .583 .552 .552 .604 ELECTRON .676 .664 .636 .653 .551 .607 BONDFUND .666 .738 .702 .702 .756 .666 GUNS .666 .722 .722 .722 .722 .611 NASD-100 .662 .64 .617 .617 .573 .606 RUS-1000 .65 .608 .603 .581 .557 .613 BIOTECH .635 .617 .589 .591 .558 .583 DJI-13 .615 .538 .615 .538 .538 .615 SP500 .615 .561 .559 .532 .492 .563 FIDSTKS .614 .534 .556 .518 .47 .529 AUTO .6 .55 .475 .475 .45 .425 TRANSP .6 .6 .6 .6 .6 .65 HOMEBLDG .588 .529 .47 .47 .47 .529 CHINA .58 .564 .564 .451 .5 .483 MILITARY .552 .552 .552 .526 .5 .552 BIG17 .543 .521 .543 .565 .521 .521 N= 37 -------------------------------------------------------------------------------------------- GOLD .5 .5 .46 .5 .5 .54 JETS .5 .4 .4 .3 .4 .3 -------------------------------------------------------------------------------------------- BEVERAGE .45 .45 .55 .4 .4 .45 FOOD .444 .333 .222 .444 .555 .666 ETFS .442 .377 .409 .278 .245 .245 PIPELINE .428 .428 .428 .428 .428 .428 SOLAR .428 .476 .476 .476 .619 .714 INSURANC .387 .322 .29 .322 .258 .29 BIGBANKS .285 .142 .142 .142 .142 .142 UTILITY .238 .333 .333 .38 .547 .571 N= 8

====================================================================
                   6/5/2018     We do still show a Peerless S9-V.  25150 is the expected
                                        stiffest resistance now. But avoid shorting DIA and instead
                                        I've suggested being long the tech ETFs and IWM.



                                       Once again, the DJI was weak today and the NASDAQ, QQQ, 
                                       TECL and IWM made new highs.  I've talked aplenty recently about
                                       the reasons for choosing to be long QQQ,  TECL and IWM, despite
                                       the Peerless Sell signal.  The bullish technicals in these ETFs is clear
                                       and we have the precedents of 1929 and 1987 when the FED's unexpected
                                       refusal to keep on raising rates sparked a Summer-time advance. 



                                        I introduced last night the idea that we should be watching our
                                        Tiger Chart of the stocks with the biggest Short Positions relative to
                                        float and average trading volume.  That turned up today and did not
                                        bring a break in its neckline support.  This makes the potential
                                        head/shoulders pattern there seem less likely to unfold.  It looks like
                                        Professional Shorts could again be getting nervous about the possibility
                                        of a very decent June and Summer rally.



                                        The additional rise of the FANG stocks today will also serve to make it seem
                                        to the Public that this bull market is not coming to a stop anytime soon.



                                        Today's 10-point additional rise in MADRIGAL PHARM after more than
                                        doubling in one day last week seems perfectly designed for turning on the
                                        speculative animal spirits. See the Bullish MAXCPs.

                                        Will some more mergers develop soon?  Big money is not immune
                                        to these animal spirits. The Oil Refinery plays have worked well.  We should
                                        expect another group to play like this.

                                        Watch the Closing Power of FAS.  It has been downtrending for five
                                        months.   A break in its downtrend would be bullish for the DJI.
                                        Since the mid 1980s,  bank stocks more than any group have traded
                                        the best of any industry group using our Peerless signals. A new move up
                                        by FAS now would almost certainly  help launch an early Summer rally.

Charts 6/5/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/5/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/605/BULLISH.htm                                           Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/605/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 06/05/18 The DJI is weakest major ETF. IWM, RETL, TECL are the strongest, based on ITRS. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 248.15 -.05 246.7 95.6% ---- ---- .12 ------ --------------------------------------------------------------------------------------------- COMPQX 7637.86 31.4 7462.45 161% Bullish BLUE .245 .037 --------------------------------------------------------------------------------------------- SPY 275.1 .2 272.61 111.7% Bullish BLUE .238 .011 --------------------------------------------------------------------------------------------- QQQ 174.84 .54 170.18 171.4% Bullish BLUE .259 .048 --------------------------------------------------------------------------------------------- MDY 359.49 .83 358.59 88.5% Bullish BLUE .141 .02 --------------------------------------------------------------------------------------------- IWM 165.73 1.02 164.08 128.8% Bullish BLUE .255 .049 --------------------------------------------------------------------------------------------- FAS 66.6 -.46 65.38 324.8% ---- RED .111 .061 --------------------------------------------------------------------------------------------- RETL 41.8 2.09 38.63 607.8% Bullish BLUE .268 .34 Wow --------------------------------------------------------------------------------------------- SOXL 182.99 2.4 168.87 507.9% Bullish BLUE .26 .139 --------------------------------------------------------------------------------------------- TECL 148.23 1.86 135.9 549.5% Bullish BLUE .279 .295 --------------------------------------------------------------------------------------------- IBB 109.16 .03 108.51 95.8% Bullish BLUE .211 -.019 --------------------------------------------------------------------------------------------- GLD 122.85 .48 123.37 -13.8% ---- BLUE -.133 -.093 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .006 --------------------------------------------------------------------------------------------- OIH 26.83 .17 27.64 -25.8% ---- BLUE -.006 .056 --------------------------------------------------------------------------------------------- GASL 20.78 .04 23.45 -114.8% ---- BLUE .085 .136 --------------------------------------------------------------------------------------------- UGA 33.59 -.32 34.93 -83% ---- ---- -.084 -.024 --------------------------------------------------------------------------------------------- UUP 24.75 -.03 24.78 -44.3% Bearish ---- -.187 .001 --------------------------------------------------------------------------------------------- IEF 101.83 .26 102.56 -57.2% Bullish ---- -.003 -.064 --------------------------------------------------------------------------------------------- XLU 49.55 -.26 50.91 -94.1% Bearish RED -.074 -.045 --------------------------------------------------------------------------------------------- WEAT 6.74 .04 6.84 -189.7% Bearish ---- -.126 .018 --------------------------------------------------------------------------------------------- YINN 34.76 .23 31.28 611% Bullish RED .182 .046 --------------------------------------------------------------------------------------------- RSX 21.41 -.2 21.43 129.2% Bearish RED .071 -.104 --------------------------------------------------------------------------------------------- AAPL 193.31 1.48 187.5 143.2% Bullish BLUE .089 .117 --------------------------------------------------------------------------------------------- GOOG 1139.66 .37 1067.8 362.5% Bullish RED .194 .06 --------------------------------------------------------------------------------------------- MSFT 102.19 .52 98.95 209.7% Bullish BLUE .317 .117 --------------------------------------------------------------------------------------------- AMZN 1696.35 31.08 1624.89 255.3% Bullish BLUE .291 .079 --------------------------------------------------------------------------------------------- FB 192.94 -.34 187.67 189% Bullish RED .238 .155 --------------------------------------------------------------------------------------------- NVDA 265.07 .22 252.99 322.8% Bullish BLUE .191 .082 --------------------------------------------------------------------------------------------- BA 360.1 -.63 358.19 107% Bullish RED .047 .066 --------------------------------------------------------------------------------------------- GS 228.34 -1.55 229.16 28.7% Bearish RED -.18 -.124 --------------------------------------------------------------------------------------------- HD 191.94 .58 187.09 185.1% Bullish BLUE .195 .062 --------------------------------------------------------------------------------------------- CAT 153.01 .51 155.46 -19.9% Bearish BLUE -.059 .005

Table 2 Count of Stocks in Key Directories 20180605 ------------------------------- NEWHIGHS 433 Bullish NEWLOWS 68 MAXCP 174 Bullish MINCP 123 TTTNH 151 TTTNL 158 FASTUP 204 Bullish FASTDOWN 88 CPCROSSA 145 Bullish CPCROSSD 51 BIGVOLUP 2 BIGVODN 8

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180605 No. NHs Pct. =============================================================== MAXCP 174 126 72 % EDU 7 4 57 % NIFTY 29 9 31 % HACKERS 23 6 26 % RETAIL 53 14 26 % SOFTWARE 64 16 25 % COAL 9 2 22 % COMPUTER 23 5 22 % NASD-100 89 19 21 % REGBANKS 32 5 16 % GAMING 28 4 14 % HOSPITAL 7 1 14 % INDEXES 195 28 14 % DOWJONES 30 4 13 % INSURANC 31 4 13 % SEMI 128 16 13 % BIG17 46 5 11 % ELECTRON 176 20 11 % BIOTECH 387 39 10 % CHEM 62 6 10 % FIDSTKS 188 19 10 % SP500 480 49 10 % RUS-1000 823 78 9 % SP-100 96 9 9 % DJI-13 13 1 8 % FINANCE 90 7 8 % GREEN 30 2 7 % INDMATER 85 6 7 % HOMEBLDG 17 1 6 % BEVERAGE 20 1 5 % MILITARY 38 2 5 % SOLAR 21 1 5 % TRANSP 20 1 5 % AUTO 40 1 3 % CHINA 62 2 3 % ETFS 61 2 3 % OILGAS 132 2 2 % REIT 172 3 2 % UTILITY 42 1 2 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180605 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 123 39 32 % UTILITY 42 5 12 % GAMING 28 3 11 % JETS 10 1 10 % ETFS 61 4 7 % BEVERAGE 20 1 5 % MILITARY 38 2 5 % SOLAR 21 1 5 % FINANCE 90 3 3 % NIFTY 29 1 3 % BIOTECH 387 7 2 % CHINA 62 1 2 % FIDSTKS 188 3 2 % GOLD 50 1 2 % NASD-100 89 2 2 % OILGAS 132 3 2 % RUS-1000 823 13 2 % SEMI 128 3 2 % BONDFUND 111 1 1 % ELECTRON 176 1 1 % INDMATER 85 1 1 % INDEXES 195 1 1 % SP-100 96 1 1 % SP500 480 7 1 %

RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/5/18 Bullish = 37 Bearish = 10 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .924 .941 .906 .912 .93 .854 COAL .888 .888 .888 .888 .888 .888 NIFTY .758 .758 .724 .655 .689 .62 SOFTWARE .75 .75 .75 .64 .64 .609 BONDFUND .738 .702 .702 .756 .666 .657 INFRA .735 .705 .676 .617 .647 .47 RETAIL .735 .66 .622 .603 .735 .641 OILGAS .734 .742 .787 .795 .803 .757 GUNS .722 .722 .722 .722 .611 .611 REGBANKS .718 .75 .718 .625 .687 .625 EDU .714 .714 .714 .714 .857 .714 GAMING .714 .714 .678 .678 .678 .607 HOSPITAL .714 .714 .714 .571 .857 .571 SEMI .703 .679 .71 .585 .648 .609 COMPUTER .695 .695 .652 .565 .652 .652 HACKERS .695 .695 .695 .652 .652 .695 INDMATER .694 .635 .635 .611 .6 .529 ELECTRON .664 .636 .653 .551 .607 .585 CHEM .661 .612 .596 .58 .596 .58 NASD-100 .64 .617 .617 .573 .606 .516 GREEN .633 .633 .666 .633 .7 .6 INDEXES .62 .615 .641 .584 .635 .569 BIOTECH .617 .589 .591 .558 .586 .542 FINANCE .611 .6 .566 .533 .533 .411 RUS-1000 .607 .602 .58 .556 .611 .528 TRANSP .6 .6 .6 .6 .65 .65 COMODITY .571 .607 .607 .66 .642 .535 CHINA .564 .564 .451 .5 .483 .403 SP-100 .562 .583 .552 .552 .604 .489 SP500 .56 .558 .531 .491 .56 .458 MILITARY .552 .552 .526 .5 .552 .473 AUTO .55 .475 .475 .45 .425 .325 DJI-13 .538 .615 .538 .538 .615 .538 DOWJONES .533 .6 .533 .5 .6 .533 FIDSTKS .531 .553 .515 .468 .526 .436 HOMEBLDG .529 .47 .47 .47 .529 .47 BIG17 .521 .543 .565 .521 .543 .478 N=37 ========================================================================================== GOLD .5 .46 .5 .5 .54 .46 ========================================================================================== SOLAR .476 .476 .476 .619 .761 .619 BEVERAGE .45 .55 .4 .4 .45 .4 PIPELINE .428 .428 .428 .428 .428 .428 JETS .4 .4 .3 .4 .3 .3 ETFS .377 .409 .278 .245 .245 .18 FOOD .333 .222 .444 .555 .666 .555 UTILITY .333 .333 .38 .547 .571 .547 INSURANC .322 .29 .322 .258 .322 .322 BIGBANKS .142 .142 .142 .142 .142 0 N=9

====================================================================
                   6/4/2018      June Gloom or Boom? Our Peerless Sell S9 warns of trouble ahead,
                                        either in the form of another test of 23500 or one more rally and then
                                        a considerable plunge.  I favor the second possibility.

                                        The bullish signs now include:
                                              1)   bullish action by the NASDAQ again today,
                                              2)   the clear upsweeps in the A/D Line, the P-Indicator and
                                              our Accumulation Index on the Peerless DJI chart,
                                              3) the signs that the Fed will not be raising rates this Summer,
                                              4) the fact that more than 60% of the Industries we follow are
                                              safely back above their 65-dma.
                                              5) that new highs are many times the number of new lows.
                                              6) both SP-500 and OEX are approaching breakout points.







                                        The Junes 1929 and 1987 also show that multiple S9s can be overcome
                                        for a few months.  So, a further advance, especially in the tech stocks
                                        seems a likely scenario.  I've suggested we not be short DIA for now
                                        and instead play the much stronger QQQ, TECL and IWM on the long
                                        side.   Look through the Bullish MAXCPs for long trading positions.

Charts 6/4/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/4/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/604/BULLISH.htm                                         Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/604/BEARISH.htm

                                 .                          Professional Shorts' Are Still Bearish
                                       
                                        The Professional shorts and hedgers do not look particularly worried
                                        about their favorite shorts rising at this time. We can glean this from the
                                        abundance of stocks whose Closing Powers are making new lows.  But
                                        can see it in another way.

                                        I thought in view of yesterday's +100% one day rise in heavily shorted
                                        MADRIGAL PHARM, we should watch to see if the professional
                                        shorts are getting nervous and could cause a rally if they all covered
                                        in a panic.  So, I downloaded the data on the stocks with the highest
                                        ratio of shorts to float and shorts to average trading volume. You
                                        can download these stocks as the SHORTS.exe download tomomorrow.

                                        All this suggests we should stay short  some of our Bearish MINCPs.  They
                                        keep falling.  And they might increase their rate of decline if the head/shoulders
                                        in the chart below plays out.

                                     
 

Table 1 QUICKSILVER on ETFS - 06/04/18 The DJI is weakest major ETF. IWM, RETL, TECL are the strongest, based on ITRS. FAS and GS are weak. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 248.2 1.84 243.45 16.9% ---- BLUE .136 ---- --------------------------------------------------------------------------------------------- COMPQX 7606.46 52.13 7396.59 115.7% Bullish BLUE .271 .024 --------------------------------------------------------------------------------------------- SPY 274.9 1.3 269.02 50.6% Bullish BLUE .265 .006 --------------------------------------------------------------------------------------------- QQQ 174.3 1.56 168.97 134.4% Bullish BLUE .289 .034 --------------------------------------------------------------------------------------------- MDY 358.66 2.12 353.18 59.6% Bullish BLUE .137 .015 --------------------------------------------------------------------------------------------- IWM 164.71 .87 161.52 91.2% Bullish BLUE .246 .037 --------------------------------------------------------------------------------------------- FAS 67.06 1.26 62.38 9.2% ---- BLUE .138 -.002 --------------------------------------------------------------------------------------------- RETL 39.71 2.59 37.2 318.5% Bullish BLUE .217 .249 --------------------------------------------------------------------------------------------- SOXL 180.59 4.31 165.59 348.3% Bullish BLUE .311 .024 --------------------------------------------------------------------------------------------- TECL 146.37 3.27 132.97 395.4% Bullish BLUE .318 .192 --------------------------------------------------------------------------------------------- IBB 109.13 -.71 107.08 72.5% Bullish RED .23 -.028 --------------------------------------------------------------------------------------------- GLD 122.37 -.12 123.19 -34.1% Bearish RED -.114 -.066 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .024 --------------------------------------------------------------------------------------------- OIH 26.66 -.4 26.97 -80.9% ---- RED -.013 .057 --------------------------------------------------------------------------------------------- GASL 20.74 -1.95 21.29 -143.3% ---- RED .11 .129 --------------------------------------------------------------------------------------------- UGA 33.91 -.23 34.16 -100.1% ---- RED -.064 .017 --------------------------------------------------------------------------------------------- UUP 24.78 -.02 24.97 -4% Bearish BLUE -.192 .018 --------------------------------------------------------------------------------------------- IEF 101.57 -.36 103 -16.1% Bullish RED .004 -.047 --------------------------------------------------------------------------------------------- XLU 49.81 -.4 50.5 -68.2% Bearish RED -.065 -.036 --------------------------------------------------------------------------------------------- WEAT 6.7 -.16 7 -260% Bearish RED -.089 .037 --------------------------------------------------------------------------------------------- YINN 34.53 1.42 30.81 254.7% Bullish BLUE .199 -.018 --------------------------------------------------------------------------------------------- RSX 21.61 .21 20.86 80.1% ---- BLUE .1 -.082 --------------------------------------------------------------------------------------------- AAPL 191.83 1.59 187.9 86.3% Bullish BLUE .168 .099 --------------------------------------------------------------------------------------------- GOOG 1139.29 19.79 1060.32 294.1% Bullish BLUE .251 .049 --------------------------------------------------------------------------------------------- MSFT 101.67 .88 98.01 167.2% Bullish BLUE .324 .095 --------------------------------------------------------------------------------------------- AMZN 1665.27 23.73 1612.87 169.7% Bullish BLUE .272 .041 --------------------------------------------------------------------------------------------- FB 193.28 -.71 185.74 221.4% Bullish BLUE .308 .135 --------------------------------------------------------------------------------------------- NVDA 264.85 7.23 248.59 308.8% Bullish BLUE .219 .058 --------------------------------------------------------------------------------------------- BA 360.73 4.01 352.48 9% Bullish BLUE .091 .092 --------------------------------------------------------------------------------------------- GS 229.89 1.54 227.03 -111.7% Bearish RED -.17 -.127 --------------------------------------------------------------------------------------------- HD 191.36 4.01 185 120.9% Bullish BLUE .184 .055 --------------------------------------------------------------------------------------------- CAT 152.5 -1.02 153.62 -108.7% ---- RED -.045 .001

Table 2 Count of Stocks in Key Directories 20180604 ------------------------------- NEWHIGHS 423 Bullish NEWLOWS 49 MAXCP 146 Net Bullish MINCP 111 TTTNH 116 TTTNL 139 Day Traders are net bearish. FASTUP 136 Swing traders are net bullish. FASTDOWN 106 CPCROSSA 121 Professionals switich to bullish side. CPCROSSD 58 BIGVOLUP 2 BIGVODN 12 ACCUMVER 16 HIGHIP21 90 HIUPPCT 142 VHIP21 28 LOWACCUM 382 REDSELL 158 AUGSELS7 19 TRAPDOOR 26

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180604 No. NHs Pct. =============================================================== MAXCP 146 107 73 % NIFTY 29 9 31 % EDU 7 2 29 % REGBANKS 32 9 28 % RETAIL 53 15 28 % HACKERS 23 6 26 % SOFTWARE 64 16 25 % COAL 9 2 22 % NASD-100 89 17 19 % FINANCE 91 14 15 % HOSPITAL 7 1 14 % DOWJONES 30 4 13 % INDEXES 195 26 13 % REIT 172 20 12 % BEVERAGE 20 2 10 % ELECTRON 176 17 10 % RUS-1000 824 83 10 % SEMI 128 13 10 % BIOTECH 387 34 9 % COMPUTER 23 2 9 % FIDSTKS 188 17 9 % SP500 480 45 9 % CHEM 62 5 8 % DJI-13 13 1 8 % SP-100 96 8 8 % AUTO 40 3 7 % GAMING 28 2 7 % GREEN 30 2 7 % HOMEBLDG 17 1 6 % INSURANC 31 2 6 % CHINA 62 3 5 % INDMATER 85 4 5 % MILITARY 38 2 5 % SOLAR 21 1 5 % TRANSP 20 1 5 % OILGAS 133 5 4 % ETFS 61 2 3 % BIG17 46 1 2 % COMODITY 56 1 2 % UTILITY 42 1 2 % MINCP 111 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180604 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 111 25 23 % MILITARY 38 3 8 % SOLAR 21 1 5 % GOLD 50 2 4 % BIOTECH 387 13 3 % INFRA 34 1 3 % CHEM 62 1 2 % OILGAS 133 2 2 % SEMI 128 2 2 % SOFTWARE 64 1 2 % UTILITY 42 1 2 % BONDFUND 111 1 1 % ELECTRON 176 1 1 % FIDSTKS 188 1 1 % INDMATER 85 1 1 % RUS-1000 824 12 1 % SP500 480 4 1 %

RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/4/18 Bullish = 35 Bearish = 11 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .941 .906 .912 .93 .854 .837 COAL .888 .888 .888 .888 .888 .777 NIFTY .758 .724 .655 .689 .62 .689 REGBANKS .75 .718 .625 .687 .625 .75 SOFTWARE .75 .75 .64 .64 .609 .625 OILGAS .736 .781 .796 .804 .759 .744 GUNS .722 .722 .722 .611 .611 .555 EDU .714 .714 .714 .857 .714 .857 GAMING .714 .678 .678 .678 .607 .642 HOSPITAL .714 .714 .571 .857 .571 .714 INFRA .705 .676 .617 .647 .47 .558 BONDFUND .702 .702 .756 .666 .648 .369 COMPUTER .695 .652 .565 .652 .652 .695 HACKERS .695 .695 .652 .652 .695 .695 SEMI .679 .71 .585 .648 .609 .648 RETAIL .66 .622 .603 .735 .622 .66 ELECTRON .636 .653 .551 .607 .579 .602 INDMATER .635 .635 .611 .6 .529 .6 GREEN .633 .666 .633 .7 .6 .666 NASD-100 .617 .617 .573 .606 .516 .595 DJI-13 .615 .538 .538 .615 .538 .615 INDEXES .615 .641 .584 .635 .558 .666 CHEM .612 .596 .58 .596 .58 .629 COMODITY .607 .607 .66 .642 .535 .607 RUS-1000 .603 .581 .557 .611 .527 .599 DOWJONES .6 .533 .5 .6 .5 .6 TRANSP .6 .6 .6 .65 .65 .7 FINANCE .593 .56 .527 .527 .406 .56 BIOTECH .589 .591 .558 .586 .542 .563 SP-100 .583 .552 .552 .604 .489 .604 CHINA .564 .451 .5 .483 .387 .435 SP500 .558 .531 .491 .56 .456 .56 FIDSTKS .553 .515 .468 .526 .43 .553 MILITARY .552 .526 .5 .552 .473 .552 BEVERAGE .55 .4 .4 .45 .4 .4 --------------------------------------------------------------------------------------------- BIG2017WINNERS .543 .565 .521 .543 .478 .5 --------------------------------------------------------------------------------------------- SOLAR .476 .476 .619 .761 .619 .714 AUTO .475 .475 .45 .425 .325 .45 HOMEBLDG .47 .47 .47 .529 .47 .411 GOLD .46 .5 .5 .54 .46 .56 PIPELINE .428 .428 .428 .428 .428 .428 ETFS .409 .278 .245 .245 .163 .262 JETS .4 .3 .4 .3 .3 .5 UTILITY .333 .38 .547 .571 .547 .571 INSURANC .29 .322 .258 .322 .322 .322 FOOD .222 .444 .555 .666 .555 .777 BIGBANKS .142 .142 .142 .142 0 .285 N=11

                                                  .
====================================================================
                  6/1/2018      Let's not be stubborn about the S9s.  They can fail.  Usually, they fail
                                       when Peerless gives a flat-top breakout Buy B10 or a Buy B4. A DJI
                                       close above 25150 may give a Buy B10.  We will have to wait and see
                                       about that.  That resistance is still 500 points above Friday's close.
                                       A Buy B4 occurs when there is sharp improvement in either our
                                       P-I, Accumulation Index or the OBVPct.   So, a Buy B4 could occur
                                       here. 

                                       The NASDAQ's chart looks ready to run to the upside.  Perhaps, it will
                                       be the leader of the market now.


                                       This is a market that could run in a lot of shorts.  MADRIGAL's doubling
                                       was a foretaste.  The Bullish Jobs numbers are only partly to explain for
                                       Friday's big jump and the developing strength this morning.  I take the
                                       market as acting too strongly to be short DIA, despite the S9V.  Instead,
                                       buy some of our MAXCPs.  QQQ and TECL look like they are about
                                       start very playable short covering rallies.  IWM seems headed to 170.
                                       Buy any of these.  Only a rupture in their Closing Power uptrends or
                                       the A/D Line uptrend should get us to sell these, not even a new Sell S9V.

                                       What about the negative V-Indicators readings?  I have looked back at the
                                       bull markets to find cases where the V-I was negative going into June.
                                       (Because we can only estimate the Up and Down volume before 1965,
                                       I will skip those earlier cases.) 
                                       
                                                   What happens in a Bull Market when V-I is Negative
                                                   at start of June?
                                    
                                       In 3 of 5 cases, the DJI rose until at least mid-July.  That scenerio is the
                                       most likley now.  Note that in the two cases where the DJI reversed quickly
                                       down in June, Peerless gave new Sell signals at the upper band.

                                       1    June 1972 - Sell S9V - DJI quickly fell back from UB and fell to lower band (UB).
                                       2   June 1987 - Buy B4 on 6/22/1987 (2446).  DJI rose to 8/26/87 (Sell S4) - 2701. 
                                           After an S9/S12 at start of October, DJI fell a total of 36% from
                                           August   peak.
                                       3   June 1991 - Sell S3 - DJI quickly fell back from UB and fell to LB.
                                       4   June 1998 - Sell S9V and S12. DJI rose until mid July and then fell 19%
                                       5   July  1999 - Sell S9V and S5.  DJI rose until mid July and then fell to LB.

                                                                 Long Memories.

1929   Summer-Take off.  The last hurrah!

1987   Summer-Take off.  Then the Plunge.

2017   A Summer-Take off.  Then what?

                                        What would be the stimulus for a rally here?

                                        My belief now is that the the Fed seems unlikely to raise rates this Summer. 
                                        Previously rate hikes were expected.  Now, the FED may choose not to
                                        aggravate the exceptional weakness in many foreign currencies.  Meanwhile,
                                        the recent political victories of the Socialists in Spain and Anti-Euro Populists in
                                        Italy should spur overseas funds to rush to America as a haven.  So, there is no
                                        for the Fed to defend the Dollar.  That is usually a primary consideration when
                                        the Fed raises rates.  Is there too much inflation?   Watch Oil prices.  They
                                        seem to have cooled off.  Are real wages going up fast?  Not enough yet to
                                        scare the Fed.  A strong economy going in to Fall Elections is very important.
                                        Unions are so weak now, except for teachers, that does not seem to be a
                                        problem.  Casino workers in Las Vegas have just voted not strike.  So,  I
                                        would guess that the Fed will not be raising rates this Summer.  That should be
                                        quite bullish.

                                        At least, more than any other factor, it was the delay in raising rates in the
                                        Summer of 1929 and 1987 that seems to have played the biggest role in those
                                        market's late rallies.  People change but the motivations and advantages don't.
                                        Back then, Insiders and Big Money quickly picked up on the FED's shifts away
                                        from more hawkish monetary stances.  In both those years, Summer brought a
                                        big improvement in our Accumulation Index and in our P-Indicator and
                                        reversing Buy B4s on strength. 

                                        It's true that the DJI now is still below its 25100 flat resistance, but I think
                                        we have to be prepared for a belated DJI advance back to 26000.  The odds
                                        favor a strong June here.  This is surprisingly since Junes are typically a weak
                                        month.   So, in this sense, we might even consider a June that ends at its monthly highs
                                        to be much like unusually strong September endings with their very Bullish B21's. 
                                        So, just like Peerless gave reversing Buy B4s on strength in June 1929 and June 1987,
                                        we may get a Buy B4 in the next two weeks here.  Knowing this, we have an
                                        advantage, namely we can buy now!

                                        How can we recognize June will be a bullish month?  First, I would
                                        expect the NASDAQ, QQQ and TECL to explode their potential head/shoulders
                                        patterns.    Secondly, I would expect the NYSE A/D Line to keep making
                                        new highs.  Third, we do not want to see a big fade tomorrow.  We do not
                                        want to see a lot of "bearish red popsicles" and a big drop by our Closing Power.
                                        Fourth, we want to see that DJI breakout above 25150 this coming week
                                        on rising volume.  Fifth, we do not want to see usual weakness in the big
                                        banks, especially GS and JPM.  2008 showed us that the big banks are
                                        inclined to over-reach themselves and use way too much leverage, with
                                        devastating results. 

QQQ

TECL

IWM

Charts 6/1/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          6/1/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/601/BULLISH.htm                                       Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/601/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 06/01/18 The DJI is weakest major ETF. IWM, RETL, TECL and OIL are the strongest, based on ITRS. FAS and GS are weak. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 246.36 2.18 247.37 -31.5% ---- BLUE .178 ------ --------------------------------------------------------------------------------------------- COMPQX 7554.33 112.21 7433.85 87.4% Bullish BLUE .254 .03 --------------------------------------------------------------------------------------------- SPY 273.6 2.66 272.15 14.7% Bullish BLUE .296 .013 --------------------------------------------------------------------------------------------- QQQ 172.74 2.67 169.72 94% Bullish BLUE .299 .036 --------------------------------------------------------------------------------------------- MDY 356.54 2 354.42 16.5% Bullish RED .103 .021 --------------------------------------------------------------------------------------------- IWM 163.84 1.07 161.74 55.7% Bullish ---- .225 .044 --------------------------------------------------------------------------------------------- FAS 65.8 1.63 66.94 -131% ---- ---- .157 -.075 --------------------------------------------------------------------------------------------- RETL 37.12 .57 37.33 -44.1% Bullish BLUE .11 .146 --------------------------------------------------------------------------------------------- SOXL 176.28 11.07 168.82 345.6% Bullish BLUE .311 -.049 --------------------------------------------------------------------------------------------- TECL 143.1 7.15 135.56 268% Bullish BLUE .322 .107 --------------------------------------------------------------------------------------------- IBB 109.84 1.39 107.56 116% Bullish BLUE .201 -.006 --------------------------------------------------------------------------------------------- GLD 122.49 -.61 123.21 -44.6% Bullish RED -.111 -.03 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .062 --------------------------------------------------------------------------------------------- OIH 27.06 -.09 27.1 -202.5% Bullish RED .003 .072 --------------------------------------------------------------------------------------------- GASL 22.69 -.18 21.38 -75.9% Bullish RED .113 .207 --------------------------------------------------------------------------------------------- UGA 34.14 -.39 34.6 -207.1% ---- RED -.011 .059 --------------------------------------------------------------------------------------------- UUP 24.8 .04 24.8 24.2% Bearish ---- -.285 .058 --------------------------------------------------------------------------------------------- IEF 101.93 -.58 101.9 21% Bullish BLUE .016 -.001 --------------------------------------------------------------------------------------------- XLU 50.21 -.78 50.5 -6.9% ---- RED .004 .015 --------------------------------------------------------------------------------------------- WEAT 6.86 0 7.06 -50.4% ---- ---- .037 .104 --------------------------------------------------------------------------------------------- YINN 33.11 1.21 32.9 -15.6% Bullish BLUE .251 -.135 --------------------------------------------------------------------------------------------- RSX 21.4 .29 21.27 -9.4% ---- BLUE .124 -.08 --------------------------------------------------------------------------------------------- AAPL 190.24 3.37 188.58 55.6% Bullish BLUE .232 .112 --------------------------------------------------------------------------------------------- GOOG 1119.5 34.51 1075.66 187.5% Bullish BLUE .235 .027 --------------------------------------------------------------------------------------------- MSFT 100.79 1.95 98.36 125.9% Bullish BLUE .305 .091 --------------------------------------------------------------------------------------------- AMZN 1641.54 11.92 1610.15 119% Bullish BLUE .273 .039 --------------------------------------------------------------------------------------------- FB 193.99 2.21 184.92 215.3% Bullish BLUE .277 .146 --------------------------------------------------------------------------------------------- NVDA 257.62 5.43 249.28 198.5% Bullish BLUE .209 .038 --------------------------------------------------------------------------------------------- BA 356.72 4.56 360.09 -32% Bullish BLUE .149 .059 --------------------------------------------------------------------------------------------- GS 228.35 2.47 235.01 -168% Bearish ---- -.096 -.127 --------------------------------------------------------------------------------------------- HD 187.35 .8 186.85 5.4% Bullish BLUE .15 .053 --------------------------------------------------------------------------------------------- CAT 153.52 1.61 155.85 -134.9% ---- BLUE .033 -.014

Table 2 Count of Stocks in Key Directories 20180601 ------------------------------- NEWHIGHS 335 Bullish NEWLOWS 57 MAXCP 144 Net Bullish MINCP 121 TTTNH 158 Bullish TTTNL 133 FASTUP 125 Net Bullish FASTDOWN 112 CPCROSSA 106 Bullish CPCROSSD 62 BIGVOLUP 3 BIGVODN 9 ACCUMVER 20 HIGHIP21 83 HIUPPCT 137 VHIP21 29 LOWACCUM 395 REDSELL 167 AUGSELS7 12 TRAPDOOR 26

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180601 No. NHs Pct. =============================================================== =============================================================== MAXCP 144 92 64 % NIFTY 29 10 34 % EDU 7 2 29 % TRANSP 20 5 25 % COAL 9 2 22 % SOFTWARE 65 14 22 % REGBANKS 32 6 19 % NASD-100 89 16 18 % HACKERS 24 4 17 % HOSPITAL 7 1 14 % DOWJONES 30 4 13 % RETAIL 53 7 13 % GAMING 28 3 11 % INDEXES 195 21 11 % SP-100 96 11 11 % FINANCE 91 9 10 % BIG17 46 4 9 % BIOTECH 380 34 9 % COMPUTER 23 2 9 % FIDSTKS 188 17 9 % REIT 172 16 9 % RUS-1000 824 75 9 % SP500 480 42 9 % DJI-13 13 1 8 % ELECTRON 176 11 6 % HOMEBLDG 17 1 6 % SEMI 128 8 6 % CHINA 62 3 5 % MILITARY 38 2 5 % SOLAR 21 1 5 % OILGAS 133 5 4 % CHEM 62 2 3 % ETFS 61 2 3 % GREEN 30 1 3 % INSURANC 31 1 3 % INDMATER 85 2 2 % UTILITY 42 1 2 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180601 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 121 27 22 % PIPELINE 7 1 14 % JETS 10 1 10 % MILITARY 38 2 5 % SOLAR 21 1 5 % UTILITY 42 2 5 % CHEM 62 2 3 % GREEN 30 1 3 % INSURANC 31 1 3 % NIFTY 29 1 3 % ETFS 61 1 2 % OILGAS 133 3 2 % RETAIL 53 1 2 % RUS-1000 824 16 2 % SEMI 128 2 2 % SOFTWARE 65 1 2 % BIOTECH 380 3 1 % BONDFUND 111 1 1 % ELECTRON 176 2 1 % FIDSTKS 188 1 1 % FINANCE 91 1 1 % INDMATER 85 1 1 % NASD-100 89 1 1 % SP-100 96 1 1 % SP500 480 6 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 6/1/18 Bullish = 34 Bearish = 12 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .906 .912 .93 .854 .837 .808 COAL .888 .888 .888 .888 .777 .777 OILGAS .781 .796 .804 .759 .744 .789 SOFTWARE .753 .646 .646 .615 .646 .63 NIFTY .724 .655 .689 .62 .689 .655 GUNS .722 .722 .611 .611 .555 .555 REGBANKS .718 .625 .687 .625 .718 .75 EDU .714 .714 .857 .714 .857 1 HOSPITAL .714 .571 .857 .571 .714 .571 SEMI .71 .585 .648 .609 .656 .585 HACKERS .708 .666 .666 .708 .708 .666 BONDFUND .702 .756 .666 .648 .369 .315 GAMING .678 .678 .678 .607 .642 .678 INFRA .676 .617 .647 .47 .558 .588 GREEN .666 .633 .7 .6 .666 .666 ELECTRON .653 .551 .607 .579 .607 .579 COMPUTER .652 .565 .652 .652 .695 .608 INDEXES .646 .584 .635 .558 .661 .656 INDMATER .635 .611 .6 .529 .6 .647 RETAIL .622 .603 .735 .622 .641 .641 NASD-100 .617 .573 .606 .516 .595 .584 COMODITY .607 .66 .642 .535 .607 .642 TRANSP .6 .6 .65 .65 .7 .7 CHEM .596 .58 .596 .58 .629 .596 BIOTECH .592 .555 .581 .536 .56 .565 RUS-1000 .581 .557 .611 .527 .599 .601 BIG17 .565 .521 .543 .478 .5 .521 FINANCE .56 .527 .527 .406 .56 .571 SP-100 .552 .552 .604 .489 .604 .593 DJI-13 .538 .538 .615 .538 .615 .615 DOWJONES .533 .5 .6 .5 .6 .6 SP500 .531 .491 .56 .456 .558 .568 MILITARY .526 .5 .552 .473 .552 .578 FIDSTKS .515 .468 .526 .43 .553 .563 N=34 ================================================================================================ GOLD .5 .5 .54 .46 .56 .62 ================================================================================================- SOLAR .476 .619 .761 .619 .714 .714 HOMEBLDG .47 .47 .529 .47 .411 .352 AUTO .461 .435 .41 .307 .435 .487 CHINA .451 .5 .483 .387 .451 .419 FOOD .444 .555 .666 .555 .777 .666 PIPELINE .428 .428 .428 .428 .428 .428 BEVERAGE .4 .4 .45 .4 .4 .45 UTILITY .38 .547 .571 .547 .571 .523 INSURANC .322 .258 .322 .322 .322 .322 JETS .3 .4 .3 .3 .5 .4 ETFS .278 .245 .245 .163 .262 .344 BIGBANKS .142 .142 .142 0 .285 .285 N= 12

               

====================================================================
                  5/31/2018   Last night, I warned that we are still in a period of time when big sellers
                                       are quick to sell heavily into one-day rallies that otherwise might look very
                                       good.   That was certainly true today. I see no reason to expect that
                                       pattern to change.  Respect our Sell S9v.  Stay short DIA.



                                       Let's watch the 10-day ma of NYSE Down (red) and Up (blue) Volume
                                       on our DJI chart along with the very important NYSE A/D Line and the
                                       DJI's 65-dma.  The ADL can hold up for some time.  But eventually
                                       it falls back sharply if the DJI drops more than 10% from its high or the
                                       ADL breaks its uptrend.

                                       Now that we have reached June, I would not exect the DJI to get past
                                       its upper 3% band.  Since 1965, Junes have brought declines 54% of the
                                       time and the next two weeks bring declines 52% of the time.  

                                       Trump's announcement of new steel and aluminum tariffs ostensibly
                                       sparked today's sell-off.  But NYSE Down-volume swamped Up-volume
                                       so badly (7 to 1), I think that we must worry about what is not yet in the news
                                       that is causing all this selling. 

                                       Apart from the obvious, that the market has risen a long time and profit-taking
                                       must be expected, my guess is that millions of American consumers are getting to
                                       to the point where they are "tapped out" and they cannot borrow any more.
                                       That leaves the big Banks with one main way to make money, namely by
                                       short-term trading with their Depositors' funds.  This will not end well and it
                                       explains the extreme volatility without follow-through.



                                       Perhaps, this fear of a tapped-out Consumer is the main fear underlying
                                       the decline by RETL today.  Watch to see if RETL's Closing Power breaks its
                                       uptrend. That would be a sign that the economy will be slowing down.  Goods
                                       that cannot be sold here will also not so easily be sold overseas as Trump's
                                       trade wars escalate.

                                       We could hedge by buying IWM, which represents smaller stocks.  But because
                                       the DJI fell quickly back below its 65-dma, I would prefer not to buy IWM or
                                       Crude Oil. 

                                       There is another characteristic of late-stage bull market that we might be
                                       able to profitably play.  Late-stage breakouts attract a much higher percentage of
                                       aggessive performance-minded funds.  Stocks with flat tops that have big
                                       short positions are particularly likely to make spectacular advances.  Look
                                       at MADRIGAL PHAR's +100% jump today among our Bullish MAXCPs.
                                       I will create a directory of heavily short stocks this weekend to see if we
                                       can find any others like Madrigal.  See also in its chart how the tip-off of a
                                       big rally was how it kept rising on days when the DJI declined.  This we call
                                       Asymmetrical buying.  Compare the magenta line with the blue line.  We theorize
                                       that when the magenta line is stronger in heavily shorted stocks, they are nervously
                                       covering on days the DJI falls and that causes them to rise on those days.
                                       See more discussion in tonight's Bullish MAXCPs and in our Explosive Super
                                       Stocks book. 

See MADRIGAL here                        http://tigersoft.com/4XXH/MAXCPS/531/BULLISH.htm

Charts 5/31/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA       Short-Term Rates                                USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/31/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/531/BULLISH.htm                                     Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/531/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/31/18 The DJI is weakest major ETF. IWM and OIL are the strongest. FAS and GS are weak, as is SOXL. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 244.18 -2.52 247.91 -90.1% ---- RED .145 ---- --------------------------------------------------------------------------------------------- COMPQX 7442.12 -20.33 7424.43 10.9% Bullish RED .168 .022 --------------------------------------------------------------------------------------------- SPY 270.94 -1.67 272.8 -44.5% Bullish RED .228 .012 --------------------------------------------------------------------------------------------- QQQ 170.07 -.11 169.55 13.9% Bullish RED .192 .026 --------------------------------------------------------------------------------------------- MDY 354.54 -4.05 355.37 -8.6% Bullish RED .094 .029 --------------------------------------------------------------------------------------------- IWM 162.77 -1.31 162.03 24.7% Bullish RED .224 .054 (highest)) --------------------------------------------------------------------------------------------- FAS 64.17 -1.21 67.51 -330.3% ---- RED .14 -.094 (lowest) --------------------------------------------------------------------------------------------- RETL 36.55 -2.08 37.45 6.7% Bullish RED .104 .142 --------------------------------------------------------------------------------------------- SOXL 165.21 -3.66 164.76 64.4% Bullish RED .236 -.091 --------------------------------------------------------------------------------------------- TECL 135.95 .05 135.85 -16.6% Bullish ---- .226 .043 --------------------------------------------------------------------------------------------- IBB 108.45 -.06 107.34 55.8% Bullish RED .155 -.007 --------------------------------------------------------------------------------------------- GLD 123.1 -.27 123.59 22.7% ---- RED -.109 .002 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .073 (high) --------------------------------------------------------------------------------------------- OIH 27.15 -.49 28.17 -276.1% Bullish RED .018 .135 --------------------------------------------------------------------------------------------- GASL 22.87 -.58 23.03 -282.4% Bullish BLUE .103 .382 --------------------------------------------------------------------------------------------- UGA 34.53 -.4 35.58 -199.8% ---- RED -.001 .107 --------------------------------------------------------------------------------------------- UUP 24.76 -.02 24.68 10.1% Bearish ---- -.18 .058 --------------------------------------------------------------------------------------------- IEF 102.51 -.05 101.5 62.2% Bullish RED .002 .016 --------------------------------------------------------------------------------------------- XLU 50.99 .08 50.28 111.1% ---- BLUE .029 .038 --------------------------------------------------------------------------------------------- WEAT 6.86 .02 6.93 -64.7% ---- ---- .025 .12 --------------------------------------------------------------------------------------------- YINN 31.9 .62 33.21 -291.7% Bullish BLUE .217 -.168 (low) --------------------------------------------------------------------------------------------- RSX 21.11 -.32 21.44 -86.9% Bearish RED .037 -.059 --------------------------------------------------------------------------------------------- AAPL 186.87 -.63 188.15 -39.6% Bullish RED .221 .078 --------------------------------------------------------------------------------------------- GOOG 1084.99 17.19 1079.24 24.7% Bullish BLUE .121 0 --------------------------------------------------------------------------------------------- MSFT 98.84 -.11 98.31 9.1% Bullish RED .212 .073 --------------------------------------------------------------------------------------------- AMZN 1629.62 4.73 1603.07 86.2% Bullish BLUE .218 .039 --------------------------------------------------------------------------------------------- FB 191.78 4.11 185.93 131% Bullish BLUE .239 .152 --------------------------------------------------------------------------------------------- NVDA 252.19 -.8 247.69 93.3% Bullish BLUE .171 .022 --------------------------------------------------------------------------------------------- BA 352.16 -6.03 359 -98.5% Bullish RED .101 .055 --------------------------------------------------------------------------------------------- GS 225.88 -3.28 236.1 -256% Bearish RED -.097 -.13 (low) --------------------------------------------------------------------------------------------- HD 186.55 -.54 187.15 -3.2% ---- RED .171 .059 --------------------------------------------------------------------------------------------- CAT 151.91 -3.55 157.7 -186.8% ---- RED -.018 -.002

Table 2 Count of Stocks in Key Directories 20180531 ------------------------------- NEWHIGHS 144 Still bullish NEWLOWS 84 MAXCP 96 MINCP 136 Bearish TTTNH 122 TTTNL 169 Bearish FASTUP 126 FASTDOWN 124 CPCROSSA 36 CPCROSSD 138 Bearish BIGVOLUP 4 BIGVODN 28

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180531 No. NHs Pct. =============================================================== =============================================================== MAXCP 96 59 61 % EDU 7 2 29 % COAL 9 1 11 % GAMING 28 3 11 % NIFTY 29 3 10 % BIG17 46 4 9 % CHINA 62 5 8 % HACKERS 24 2 8 % RETAIL 53 4 8 % SOFTWARE 65 5 8 % SP500 480 33 7 % BIOTECH 380 23 6 % HOMEBLDG 17 1 6 % BEVERAGE 20 1 5 % REIT 172 8 5 % SOLAR 21 1 5 % UTILITY 42 2 5 % COMPUTER 23 1 4 % ELECTRON 176 7 4 % NASD-100 89 4 4 % SEMI 128 5 4 % FIDSTKS 188 6 3 % REGBANKS 32 1 3 % ETFS 61 1 2 % FINANCE 91 2 2 % OILGAS 133 3 2 % RUS-1000 824 20 2 % INDEXES 195 1 1 % SP-100 96 1 1 % MINCP 136 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180531 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 136 49 36 % JETS 10 1 10 % AUTO 40 3 7 % GREEN 30 2 7 % CHEM 62 3 5 % ETFS 61 3 5 % MILITARY 38 2 5 % UTILITY 42 2 5 % FIDSTKS 188 7 4 % FINANCE 91 3 3 % INFRA 34 1 3 % INSURANC 31 1 3 % NIFTY 29 1 3 % RUS-1000 824 26 3 % ELECTRON 176 4 2 % GOLD 50 1 2 % INDMATER 85 2 2 % OILGAS 133 2 2 % RETAIL 53 1 2 % SEMI 128 2 2 % BIOTECH 380 5 1 % BONDFUND 111 1 1 % INDEXES 195 1 1 % NASD-100 89 1 1 % SP500 480 2 0 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/31/18 Bullish = 33 Bearish = 10 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .912 .93 .854 .837 .808 .837 COAL .888 .888 .888 .777 .777 .777 OILGAS .796 .804 .759 .744 .796 .819 BONDFUND .756 .666 .648 .369 .315 .297 GUNS .722 .611 .611 .555 .555 .555 EDU .714 .857 .714 .857 1 .857 GAMING .678 .678 .607 .642 .678 .678 HACKERS .666 .666 .708 .708 .666 .666 COMODITY .66 .642 .535 .607 .642 .642 NIFTY .655 .689 .62 .689 .655 .655 SOFTWARE .646 .646 .615 .646 .63 .615 GREEN .633 .7 .6 .666 .666 .666 REGBANKS .625 .687 .625 .718 .75 .781 SOLAR .619 .761 .619 .714 .714 .761 INFRA .617 .647 .47 .558 .588 .647 INDMATER .611 .6 .529 .6 .635 .67 RETAIL .603 .735 .622 .641 .622 .66 TRANSP .6 .65 .65 .7 .7 .6 INDEXES .589 .635 .558 .661 .661 .651 SEMI .585 .648 .609 .656 .593 .593 CHEM .58 .596 .58 .629 .612 .629 NASD-100 .573 .606 .516 .595 .584 .584 HOSPITAL .571 .857 .571 .714 .571 .857 COMPUTER .565 .652 .652 .695 .652 .652 RUS-1000 .557 .611 .527 .599 .599 .608 BIOTECH .555 .581 .536 .56 .56 .576 FOOD .555 .666 .555 .777 .666 .888 SP-100 .552 .604 .489 .604 .583 .635 ELECTRON .551 .607 .579 .607 .579 .585 UTILITY .547 .571 .547 .571 .547 .476 DJI-13 .538 .615 .538 .615 .615 .615 FINANCE .527 .527 .406 .56 .571 .571 BIG17 .521 .543 .478 .5 .5 .521 N= 33 -------------------------------------------------------------------------------------------- CHINA .5 .483 .387 .451 .419 .467 DOWJONES .5 .6 .5 .6 .6 .7 GOLD .5 .54 .46 .56 .62 .54 MILITARY .5 .552 .473 .552 .578 .552 -------------------------------------------------------------------------------------------- SP500 .491 .56 .456 .558 .568 .57 HOMEBLDG .47 .529 .47 .411 .352 .352 FIDSTKS .468 .526 .43 .553 .558 .574 AUTO .45 .425 .325 .45 .5 .475 PIPELINE .428 .428 .428 .428 .428 .571 BEVERAGE .4 .45 .4 .4 .4 .35 JETS .4 .3 .3 .5 .4 .2 INSURANC .258 .322 .322 .322 .322 .322 ETFS .245 .245 .163 .262 .327 .377 BIGBANKS .142 .142 0 .285 .285 .428 N=10

====================================================================
       5/30/2018   Talk of the FED not raising rates next year, sent the market up
                           quite a bit today.  But we must be careful. We still have a Sell S9-V
                           as our current Peerless signal.  One day up could just be false move especially
                           if the DJI were to go right back below its 65-dma, 150 points lower.
                           Bears will take heart tomorrow, I suspect, from the fact that Short-term rates
                           actually   moved up a lot today, something that would seem to be inconsistent
                           with the FRB having a change of heart and becoming significantly more
                           dovish.   Volume was lower today than on yesterday's decline.  That
                           suggests caution, too. Stay short DIA.



                           Still, assuming the DJI does not turn right back down tomorrow and assuming
                           short-interest rates do not bearishly make a new high, it does seem the DJI's
                           weakness is too isolated now to bring about a big drop in the overall market
                           at this time.  Barring these bearish developments, let me suggest hedging our
                           S9V-based shorts with some longs positions in IWM (Russell-2000) and
                           oil ETFs (UCO).  This would seem to suit this schizoid market (strong breadth
                           and a much weaker DJI).

                           Watch the downtrending Big Banks stocks like GS and JPM.  Their weakness
                           ahead of the market in 2007 was an important early warning of coming troubles
                           back then.  And watch Visa and Master Card to see if their bearish head/shoulder
                           formations are completed.  The strength in the Dollar should be helping the
                           NYC big banks, but perhaps, their big investors are more concerned about
                           whether Consumer are just too "maxed out" and the EUROs weakness will
                           get much worse.   If these possibilities do play out, I would think retailers will top
                           out next.  We will come back to these ideas tomorrow night.

                           The S9s tell us to stay short DIA, but the powerful uptrends and
                           key values we see in Table 1 for OIL and IWM suggest to me
                           we should probably be long these other two ETFs, provided
                           the NYSE Advance-Decline stays in its uptrends.  IWM is
                           out-performing DIA by  4.7% over the last 50 days.   OIL is
                           beating the DJI by 5.8% over the same period.  (This is the
                           meaning of our ITRS value.)

                           In fact, just about every ETF, except FAS, is doing much better than the DJI.
                           The movement out of blue chips in favor of lower priced stock helped
                           by low short-term interest rates (below 3% for another year).  The rise
                           in oil prices is apt to continue for the same reasons Oil was strong in
                           the first half of 2008.  And UCO still looks very cheap. See its weekly
                           chart below.

                                          ITRS
                           SPY        + .005
                           QQQ      + .015
                           MDY      + .026
                           TECL      + .027
                           OIL         + .058
                           OIH        + .147
                           RETL      + .156
                           GASL     + .416

                           There is something wrong with the big banks and with the DJI.  But that is
                           not yet stopping these other ETFs, at least not yet.  And now we see the
                           NYSE ADL making another new high along with IWM, too.  I believe in Peerless
                           but I also believe in strong trends, especially now that the DJI has gotten back
                           above its 65-dma and the ADL remains in an uptrend.  So, buy IWM and UCO.
                                         

Charts 5/30/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/30/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/530/BULLISH.htm                                          Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/530/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/30/18 The DJI is weakest major ETF. IWM, RETL and OIL are the strongest. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 246.7 3.25 248.63 -29.9% Bullish BLUE .231 ---- --------------------------------------------------------------------------------------------- COMPQX 7462.45 65.86 7425.96 56.7% Bullish BLUE .251 .013 --------------------------------------------------------------------------------------------- SPY 272.61 3.59 273.36 0% Bullish BLUE .3 .005 --------------------------------------------------------------------------------------------- QQQ 170.18 1.21 169.6 59.1% Bullish BLUE .271 .015 --------------------------------------------------------------------------------------------- MDY 358.59 5.41 355.15 52.3% Bullish BLUE .248 .026 --------------------------------------------------------------------------------------------- IWM 164.08 2.56 161.97 71.7% Bullish BLUE .328 .047 highest highest --------------------------------------------------------------------------------------------- FAS 65.38 3 68.54 -269.2% ---- BLUE .192 -.086 --------------------------------------------------------------------------------------------- RETL 38.63 1.43 36.5 415.6% Bullish BLUE .211 .156 --------------------------------------------------------------------------------------------- SOXL 168.87 3.28 163.07 254.3% Bullish BLUE .308 -.065 --------------------------------------------------------------------------------------------- TECL 135.9 2.93 136.4 94.6% Bullish BLUE .309 .027 --------------------------------------------------------------------------------------------- IBB 108.51 1.43 107.25 83.5% Bullish BLUE .199 -.021 --------------------------------------------------------------------------------------------- GLD 123.37 .18 122.54 39% ---- BLUE -.044 -.015 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .058 --------------------------------------------------------------------------------------------- OIH 27.64 .67 28.68 -237.7% Bullish BLUE .067 .147 --------------------------------------------------------------------------------------------- GASL 23.45 2.16 24.15 -244.7% Bullish BLUE .132 .416 --------------------------------------------------------------------------------------------- UGA 34.93 .77 35.93 -156% Bullish BLUE .004 .125 --------------------------------------------------------------------------------------------- UUP 24.78 -.19 24.71 34.3% Bearish RED -.087 .05 --------------------------------------------------------------------------------------------- IEF 102.56 -.44 101.24 87.5% Bullish ---- -.002 0 --------------------------------------------------------------------------------------------- XLU 50.91 .41 49.87 148.7% ---- BLUE 0 .016 --------------------------------------------------------------------------------------------- WEAT 6.84 -.16 6.95 0% ---- ---- .187 .1 --------------------------------------------------------------------------------------------- YINN 31.28 .47 33.79 -545% ---- BLUE .263 -.166 --------------------------------------------------------------------------------------------- RSX 21.43 .57 21.48 -30.5% Bearish BLUE .109 -.052 --------------------------------------------------------------------------------------------- AAPL 187.5 -.4 188.36 9% Bullish RED .31 .066 --------------------------------------------------------------------------------------------- GOOG 1067.8 7.48 1079.69 -9% Bullish BLUE .155 -.032 --------------------------------------------------------------------------------------------- MSFT 98.95 .94 98.66 73.9% Bullish BLUE .313 .062 --------------------------------------------------------------------------------------------- AMZN 1624.89 12.02 1601.86 135.7% Bullish BLUE .259 .049 --------------------------------------------------------------------------------------------- FB 187.67 1.93 186.9 104.3% Bullish BLUE .253 .084 --------------------------------------------------------------------------------------------- NVDA 252.99 4.4 247.54 208.2% Bullish BLUE .218 .047 --------------------------------------------------------------------------------------------- BA 358.19 5.71 359.21 44.4% Bullish BLUE .15 .076 --------------------------------------------------------------------------------------------- GS 229.16 2.13 237.81 -188.3% Bearish BLUE -.069 -.13 --------------------------------------------------------------------------------------------- HD 187.09 2.09 186.67 5.9% Bullish BLUE .195 .053 --------------------------------------------------------------------------------------------- CAT 155.46 1.84 157.74 -23.7% Bullish BLUE .081 .019

Table 2 Count of Stocks in Key Directories 20180530 ------------------------------- NEWHIGHS 358 Bullish NEWLOWS 39 MAXCP 229 Bullish MINCP 66 TTTNH 233 Bullish TTTNL 75 FASTUP 125 Bullish FASTDOWN 103 CPCROSSA 223 Bullish CPCROSSD 24

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180530 No. NHs Pct. =============================================================== =============================================================== MAXCP 229 132 58 % HOSPITAL 7 3 43 % HACKERS 24 7 29 % TRANSP 20 5 25 % COAL 9 2 22 % SOFTWARE 65 14 22 % NIFTY 29 5 17 % RETAIL 53 8 15 % EDU 7 1 14 % COMPUTER 23 3 13 % REGBANKS 32 4 13 % NASD-100 89 11 12 % GAMING 28 3 11 % REIT 172 17 10 % SOLAR 21 2 10 % ELECTRON 176 16 9 % INDEXES 195 17 9 % SEMI 128 12 9 % BIOTECH 380 31 8 % FIDSTKS 189 16 8 % RUS-1000 824 62 8 % BIG17 46 3 7 % DOWJONES 30 2 7 % SP-100 96 7 7 % SP500 480 33 7 % CHEM 62 4 6 % CHINA 62 4 6 % HOMEBLDG 17 1 6 % INSURANC 31 2 6 % OILGAS 133 8 6 % BEVERAGE 20 1 5 % INDMATER 85 4 5 % MILITARY 38 2 5 % UTILITY 42 2 5 % FINANCE 91 4 4 % ETFS 61 1 2 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180530 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 66 20 30 % GAMING 28 2 7 % UTILITY 42 2 5 % AUTO 40 1 3 % CHINA 62 2 3 % MILITARY 38 1 3 % BIOTECH 380 8 2 % ELECTRON 176 3 2 % FINANCE 91 2 2 % RETAIL 53 1 2 % RUS-1000 824 6 1 % SEMI 128 1 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/30/18 Bullish = 39 Bearish = 8 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REIT .93 .854 .837 .808 .837 .767 COAL .888 .888 .777 .777 .777 .777 EDU .857 .714 .857 1 1 1 HOSPITAL .857 .571 .714 .571 .714 .714 OILGAS .804 .759 .744 .796 .819 .812 SOLAR .761 .619 .714 .714 .761 .714 RETAIL .735 .622 .641 .622 .641 .641 GREEN .7 .6 .666 .666 .666 .633 NIFTY .689 .62 .689 .655 .655 .62 REGBANKS .687 .625 .718 .75 .781 .843 GAMING .678 .607 .642 .678 .678 .75 BONDFUND .666 .648 .369 .315 .297 .225 FOOD .666 .555 .777 .666 .888 .777 HACKERS .666 .708 .708 .666 .666 .666 SEMI .656 .617 .664 .601 .601 .601 COMPUTER .652 .652 .695 .652 .652 .695 TRANSP .65 .65 .7 .7 .6 .6 INFRA .647 .47 .558 .588 .617 .588 SOFTWARE .646 .615 .646 .63 .615 .569 COMODITY .642 .535 .607 .642 .642 .678 INDEXES .635 .558 .661 .661 .651 .651 DJI-13 .615 .538 .615 .615 .615 .538 ELECTRON .613 .585 .613 .585 .59 .568 GUNS .611 .611 .555 .555 .555 .5 RUS-1000 .611 .527 .599 .599 .603 .592 NASD-100 .606 .516 .595 .584 .584 .55 SP-100 .604 .489 .604 .583 .635 .656 DOWJONES .6 .5 .6 .6 .7 .633 INDMATER .6 .529 .6 .635 .658 .682 CHEM .596 .58 .629 .612 .629 .645 BIOTECH .581 .536 .56 .56 .581 .557 UTILITY .571 .547 .571 .547 .476 .38 SP500 .56 .456 .558 .568 .566 .566 MILITARY .552 .473 .552 .578 .552 .526 BIG17 .543 .478 .5 .5 .521 .521 GOLD .54 .46 .56 .62 .54 .46 FIDSTKS .529 .433 .555 .56 .576 .582 HOMEBLDG .529 .47 .411 .352 .352 .235 FINANCE .527 .406 .56 .571 .56 .659 N= 39 ============================================================================================ CHINA .483 .387 .451 .419 .467 .483 BEVERAGE .45 .4 .4 .4 .35 .25 PIPELINE .428 .428 .428 .428 .571 .714 AUTO .425 .325 .45 .5 .475 .475 INSURANC .322 .322 .322 .322 .322 .419 JETS .3 .3 .5 .4 .2 .3 ETFS .245 .163 .262 .327 .377 .442 BIGBANKS .142 0 .285 .285 .428 .714 N= 8

====================================================================
       5/29/2018    While it's true that Peerless shows four Sell S9 signals this year.  The last
                           two of these had a positive P-Indicator when they occurred and the NYSE
                           A/D Line remains in an uptrend despite the DJI drop today below both
                           its 21-day and 65-dma.  The most prominent cases where the A/D Line
                           was this strong despite Peerless Sells occurred in 1976-1977 and
                           2001-2002.   In these cases, the DJI did steadily erode and fell into
                           bear markets once the DJI had fallen more than 10% from its highs
                           and the long-term A/D Line uptrend was violated.  Until this occurred,
                           the market was stuck in a special paradox, most stocks held up or went
                           sidewise while the DJI declined.  A schizoid market is not a healthy market.
                           To use the language of psychology, it does not have an "integrated
                           personality".   It is a threat to itself and to others.

                           Such a "clinical diagnosis" seems warranted by today's unusual behavior.
                           The DJI fell more than 1.5% but the ratio of advances to declines was more
                           than   .70.  When we go back and look for previous examples of these
                           statistics with the DJI below the 21-dma, we see they occurred most often
                           in the Great Depression, especially from 1930 to 1932.  Until the DJI was
                           vastly oversold, this pair of daily key values most often was seen before
                           a bottom was reached by the DJI.  In other words, the DJI lead the
                           overall market much lower despite one day's not-so-bad negative breadth
                           on a bleak DJI down-day.  We also see this pattern in the year 2000, which
                           was also a  period during which the DJI completed a top formation, just
                           before beginning a bear market that lasted until the Spring of 2003.



                                            The Failure of the Broader Market To Decline
                                            More Today Is Not A Reliably Bullish Sign.

                           Since the start if 2001, when the DJI falls 1.5% or more and the ratio of
                           advances to declines is more than .70, the DJI has always continued to
                           fall significantly further down.  On this basis, we must remain guarded,
                           defensive and downright bearish, even if tomorrow brings a rally back to
                           the broken and now falling 65-dma 160 points higher than the close today.
                           Here are the cases:

                                    3/1/2001   DJI fell only from 9721 to 9300.
                                    6/21/2002 DJI fell from 9254 to 7800.
                                    1/2/2008    DJI fell from 13044 to 11700.
                                    2/4/2009    DJI fell from 9757 to 6500.
                      
                          So, I would not on the basis of today's seemingly undue decline in the
                          DJI choose to cover our short sale in DIA.  The DJI closed 0.8% below
                          the 21-day ma today.  A decline to at least the 3% lower band would be
                          more keeping with how the DJI can reverse in here.  Even a decline to
                          24000 tomorrow is not likely to give a reversing Buy signal.  We also
                          want to be careful about buying now because of the possibility that
                          we see this year a wild DJI breakdown below the 23400-23500 support.

                                               Will There Be A Temporary Recovery?

                          A "Tuesday turnaround" has become a tradition.  Watch SPY's strength
                          after the opening.  It closed at the nested support of its 21-dma and
                          65-dma.  



                          Also watch Crude Oil now it has now fallen back to the support of
                          its rising 65-dma.  A turn upwards by its Closing Power would be
                          a sign that it will attempt go back up to its previous highs.  I've
                          suggested shorting TECL.  The tech stocks are holding up very
                          well.   At this point, I would cover the TECL short and look to buy
                          UCO if its Closing Power turns upward and breaks its recent downtrend.
                          See the candlestick chart of UCO (Crude Oil) below.

       

Charts 5/29/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/29/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/529/BULLISH.htm                                       Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/529/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/29/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 243.45 -3.92 248.18 -130.6% Bullish RED .154 ----- --------------------------------------------------------------------------------------------- COMPQX 7396.59 -37.26 7378.46 1.7% Bullish RED .179 .011 --------------------------------------------------------------------------------------------- SPY 269.02 -3.13 272.61 -79.7% Bullish RED .218 .004 --------------------------------------------------------------------------------------------- QQQ 168.97 -.75 168.18 16.9% Bullish ---- .209 .011 --------------------------------------------------------------------------------------------- MDY 353.18 -1.24 354.88 -58.5% Bullish BLUE .12 .027 --------------------------------------------------------------------------------------------- IWM 161.52 -.22 161.76 -43.8% Bullish BLUE .245 .046 --------------------------------------------------------------------------------------------- FAS 62.38 -4.56 68.98 -433.5% ---- RED .117 -.125 --------------------------------------------------------------------------------------------- RETL 37.2 -.13 35.57 -54.2% Bullish BLUE .093 .116 --------------------------------------------------------------------------------------------- SOXL 165.59 -3.23 160.5 237.7% Bullish RED .29 -.111 --------------------------------------------------------------------------------------------- TECL 132.97 -2.59 133.35 -39.2% Bullish RED .253 -.029 --------------------------------------------------------------------------------------------- IBB 107.08 -.48 106.72 32.7% Bullish BLUE .137 -.028 --------------------------------------------------------------------------------------------- GLD 123.19 -.02 122.41 28.9% ---- BLUE -.054 .011 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .084 --------------------------------------------------------------------------------------------- OIH 26.97 -.13 28.97 -445.8% Bullish BLUE .012 .122 --------------------------------------------------------------------------------------------- GASL 21.29 -.09 24.57 -978.3% Bullish BLUE .091 .204 --------------------------------------------------------------------------------------------- UGA 34.16 -.44 36.03 -262.4% Bullish RED -.03 .118 --------------------------------------------------------------------------------------------- UUP 24.97 .17 24.61 70.9% ---- ---- -.005 .08 --------------------------------------------------------------------------------------------- IEF 103 1.1 100.78 107.7% Bullish BLUE -.013 .029 --------------------------------------------------------------------------------------------- XLU 50.5 0 49.42 126.3% Bearish BLUE -.075 .028 --------------------------------------------------------------------------------------------- WEAT 7 -.06 6.84 202.9% ---- RED .206 .118 --------------------------------------------------------------------------------------------- YINN 30.81 -2.09 34.89 -675.7% Bearish RED .174 -.182 --------------------------------------------------------------------------------------------- RSX 20.86 -.41 21.56 -179.3% Bearish RED -.003 -.063 --------------------------------------------------------------------------------------------- AAPL 187.9 -.68 187.16 7.2% Bullish BLUE .311 .078 --------------------------------------------------------------------------------------------- GOOG 1060.32 -15.34 1069.73 -89.4% Bullish RED .068 -.044 --------------------------------------------------------------------------------------------- MSFT 98.01 -.35 97.5 20.9% Bullish BLUE .211 .059 --------------------------------------------------------------------------------------------- AMZN 1612.87 2.72 1581.4 85.9% Bullish BLUE .161 .049 --------------------------------------------------------------------------------------------- FB 185.74 .82 183.8 33.7% Bullish BLUE .173 .026 --------------------------------------------------------------------------------------------- NVDA 248.59 -.69 242.7 88.3% Bullish RED .171 .015 --------------------------------------------------------------------------------------------- BA 352.48 -7.61 355.02 -159.1% Bullish RED .081 .089 --------------------------------------------------------------------------------------------- GS 227.03 -7.98 238 -225.2% Bearish RED -.158 -.129 --------------------------------------------------------------------------------------------- HD 185 -1.85 186.87 -127.8% Bearish RED .127 .056 --------------------------------------------------------------------------------------------- CAT 153.62 -2.23 156.2 -168.5% Bullish RED .041 .005

Table 2 Count of Stocks in Key Directories 20180529 ------------------------------- NEWHIGHS 157 NEWLOWS 93 MAXCP 145 MINCP 97 TTTNH 143 TTTNL 164 FASTUP 89 FASTDOWN 163 CPCROSSA 106 CPCROSSD 149 BIGVOLUP 3 BIGVODN 14

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180529 No. NHs Pct. =============================================================== =============================================================== MAXCP 145 69 48 % EDU 7 1 14 % HOSPITAL 7 1 14 % NIFTY 29 3 10 % COMPUTER 23 2 9 % RETAIL 53 4 8 % GAMING 28 2 7 % GREEN 30 2 7 % ELECTRON 176 11 6 % SEMI 128 8 6 % SOFTWARE 65 4 6 % BEVERAGE 20 1 5 % SOLAR 21 1 5 % HACKERS 24 1 4 % INDMATER 85 3 4 % NASD-100 89 4 4 % BIOTECH 380 13 3 % CHEM 62 2 3 % MILITARY 38 1 3 % OILGAS 133 4 3 % RUS-1000 824 21 3 % BIG17 46 1 2 % GOLD 50 1 2 % REIT 174 4 2 % SP-100 96 2 2 % SP500 480 10 2 % UTILITY 42 1 2 % BONDFUND 111 1 1 % FIDSTKS 189 2 1 % INDEXES 195 2 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180529 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 97 33 34 % BEVERAGE 20 3 15 % ETFS 61 8 13 % INSURANC 31 4 13 % DJI-13 13 1 8 % GAMING 28 2 7 % GREEN 30 2 7 % FIDSTKS 189 11 6 % AUTO 40 2 5 % FINANCE 91 5 5 % UTILITY 42 2 5 % GOLD 50 2 4 % CHEM 62 2 3 % DOWJONES 30 1 3 % INFRA 34 1 3 % MILITARY 38 1 3 % REGBANKS 32 1 3 % RUS-1000 824 21 3 % SP-100 96 3 3 % SP500 480 13 3 % BIOTECH 380 9 2 % CHINA 62 1 2 % INDMATER 85 2 2 % NASD-100 89 2 2 % RETAIL 53 1 2 % ELECTRON 176 2 1 % INDEXES 195 1 1 % OILGAS 133 1 1 %

Table 4 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/29/18 Bullish = 29 Bearish = 17 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL .888 .777 .777 .777 .777 .777 REIT .856 .839 .81 .839 .77 .764 OILGAS .759 .744 .796 .819 .812 .849 EDU .714 .857 1 1 1 1 HACKERS .708 .708 .666 .666 .666 .708 COMPUTER .652 .695 .652 .652 .695 .695 TRANSP .65 .7 .7 .6 .6 .7 BONDFUND .648 .369 .315 .297 .216 .225 REGBANKS .625 .718 .75 .781 .843 .812 RETAIL .622 .641 .622 .641 .641 .735 NIFTY .62 .689 .655 .655 .62 .689 SOLAR .619 .714 .714 .761 .714 .809 SEMI .617 .664 .601 .601 .601 .609 SOFTWARE .615 .646 .63 .615 .569 .615 GUNS .611 .555 .555 .555 .5 .5 GAMING .607 .642 .678 .678 .75 .75 GREEN .6 .666 .666 .666 .633 .733 ELECTRON .585 .613 .585 .59 .568 .556 CHEM .58 .629 .612 .629 .645 .645 HOSPITAL .571 .714 .571 .714 .714 .857 INDEXES .564 .661 .661 .651 .641 .666 FOOD .555 .777 .666 .888 .777 .666 UTILITY .547 .571 .547 .476 .38 .333 DJI-13 .538 .615 .615 .615 .538 .615 BIOTECH .536 .56 .56 .581 .557 .539 COMODITY .535 .607 .642 .642 .678 .642 INDMATER .529 .6 .635 .658 .682 .694 RUS-1000 .527 .599 .599 .603 .591 .626 NASD-100 .516 .595 .584 .584 .55 .573 N=29 ============================================================================================= DOWJONES .5 .6 .6 .7 .633 .633 ============================================================================================= SP-100 .489 .604 .583 .635 .645 .635 BIG17 .478 .5 .5 .521 .521 .5 MILITARY .473 .552 .578 .552 .526 .552 HOMEBLDG .47 .411 .352 .352 .235 .47 INFRA .47 .558 .588 .617 .588 .705 GOLD .46 .56 .62 .54 .48 .52 SP500 .456 .558 .568 .566 .564 .593 FIDSTKS .433 .555 .56 .576 .576 .576 PIPELINE .428 .428 .428 .571 .714 .714 FINANCE .406 .56 .571 .56 .648 .593 BEVERAGE .4 .4 .4 .35 .25 .35 CHINA .387 .451 .419 .467 .483 .483 AUTO .325 .45 .5 .475 .475 .6 INSURANC .322 .322 .322 .322 .387 .451 JETS .3 .5 .4 .2 .3 .4 ETFS .163 .262 .327 .377 .442 .426 BIGBANKS 0 .285 .285 .428 .714 .285 N=17

====================================================================
====================================================================

       5/25/2018    Peerless shows a fourth Sell S9.  This is too reminscent of tops before
                           major declines in 1929, 1973, 1982, 1987, 2000 and 2008 to be taken
                           lightly.   We can fuss about whether I should tinker with the exact parameters
                           to keep them in synch with the market's narrowing upward volatility, but
                           we cannot escape that the bull market is quite old and therefore becomes
                           that much vulnerable to any negative hints, rumors, scandals or bearish earning
                           suprises.    Stay short DIA and TECL.  The only long position in ETFs that
                           we now have is UCO.  If the Closing Power breaks its uptrend, sell UCO.
                           Shorting some of our bearish MINCPs is also suggested.

                                           Four S9s and a Dangerously Flat Support
                                           Cannot Be Seen Positively.  It will take a
                                           big surge in the IP21 or P-I to reverse the
                                           the S9V with a Buy B4.  More likely, we will
                                           see another test of 23400-23500.


                          
                           It's true that three of these S9S took place at narrowed bands than we
                           are used to.  But the market's history since 2012 shows the DJI rallyng
                           to narrower bands when it finds itself in a trading range.  I started seeing
                           and taking note of this with the two Sell S12s in 2017.  "LA/MA" is the
                           DJI closing price divided by the 21-dma.  So, our recent close more than
                           2.351% above the 21-day ma is probably significant.

                                                   LA/MA                   GAIN
                                      ------------------------------------------------------------
                                      9/19/2014    S17      1.011                          .066
                                      5/19/2015    S12      1.013                          .144
                                      7/16/2015    S12      1.014                          .135
                                      ....
                                      1/30/2018    S9        1.013                          .072
                                      2/27/2018    S9        1.01                            .048
                                      4/17/2018    S9        1.023                          .035
                                      5/21/2018    S9        1.024                          ?
                                
                             It was the negative V-Indicator that gives us the Sell S9V.
                             This and the frequently heavier Down Volume than Up Volume
                             shows us that big sellers are getting out of their big blue chips. 
                             To some extent they are puting their funds into smaller stocks. 
                             They tried to run up Oil Stocks and ETFs, but Friday that balloon
                             was apparently punctured.

                             In 2008, when Oil broke down, the market as a whole turned down.
                             That could happen now.  So, we must watch it closely.  A continued
                             deterioration by price, the Tiger Accumulation and Closing Power
                             indexes would be quite bearish for it and the general market.
                             At this stage UCO does not show the same weakness that OIL
                             did at its top in 2008.



                            
                                     UCO - Crude Oil appears now not to have yet topped out.



                             Fighting against a stock breakdown now and before the Fall Election
                             is Larry Kudlow, the President's Chief Economic Advisor and long-time
                             stock commentator on TV.   It's clear the Administration wants to hold
                             the stock market up.  They have pressured the Fed to talk less hawkishly
                             and the Russians to produce more oil.  Trump has also suggested more tax
                             cuts.
                          
                             But the selling in Blue Chips is quite real, the bull market is very old
                             and traders who bought when Trump, a la Coolidge, was elected knowing
                             his polcies would drive up the market are selling now that higher corporate profits
                             are comin out.

                             We should avoid the long side at this stage out of respect for the
                             dangers represented by the four S9s.  We sold our speculative oil
                             stocks.   I think we should just hold UCO (oil ETF) since its Accumulation
                             Index is still quite positive and it should find support not far below.
                             While we are awaiting for a Buy signal, I've suggested shorting DIA
                             and TECL provided it does not breakout above its head/shoulders
                             pattern.
                            
                            
                            
                           Studying the history of S9Vs shows that this signal and the subsequent
                           weakness in the DJI can over-ride a broad market advance, though the
                           broader market as measured by the A/D Line can avoid declining for a
                           a month or two.  This is what happened in 2002 and 2011. 

                                                                      2002 - S9V-like conditions           
                                                                                                     2011 S9Vs

Charts 5/25/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/25/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/525/BULLISH.htm                                       Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/525/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/25/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 247.37 -.54 249.94 7.4% Bullish RED .215 ---- --------------------------------------------------------------------------------------------- COMPQX 7433.85 9.42 7394.04 53.8% Bullish BLUE .167 0 --------------------------------------------------------------------------------------------- SPY 272.15 -.65 273.37 15% Bullish ---- .253 -.004 --------------------------------------------------------------------------------------------- QQQ 169.72 .17 168.4 67% Bullish BLUE .171 -.004 --------------------------------------------------------------------------------------------- MDY 354.42 -.95 357.34 7.7% Bullish BLUE .127 .019 --------------------------------------------------------------------------------------------- IWM 161.74 -.29 162.94 -4% Bullish ---- .235 .037 --------------------------------------------------------------------------------------------- FAS 66.94 -.57 68.28 11.8% Bullish RED .213 -.07 --------------------------------------------------------------------------------------------- RETL 37.33 -.12 37.6 13.6% Bullish BLUE .1 .119 --------------------------------------------------------------------------------------------- SOXL 168.82 4.06 157.84 493% Bullish BLUE .258 -.111 --------------------------------------------------------------------------------------------- TECL 135.56 -.29 134.03 179.8% Bullish ---- .227 -.031 --------------------------------------------------------------------------------------------- IBB 107.56 .22 106.38 -11.2% Bullish ---- .135 -.039 --------------------------------------------------------------------------------------------- GLD 123.21 -.38 122.48 32.6% Bearish RED -.041 -.007 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .068 --------------------------------------------------------------------------------------------- OIH 27.1 -1.07 29.51 -376.9% ---- RED -.014 .133 --------------------------------------------------------------------------------------------- GASL 21.38 -1.65 25.95 -676.1% ---- RED .053 .242 --------------------------------------------------------------------------------------------- UGA 34.6 -.98 36.03 -139.5% Bullish RED -.031 .129 --------------------------------------------------------------------------------------------- UUP 24.8 .12 24.62 32.5% Bearish ---- -.059 .059 --------------------------------------------------------------------------------------------- IEF 101.9 .4 100.82 56.9% ---- BLUE -.098 .001 --------------------------------------------------------------------------------------------- XLU 50.5 .22 49.24 152.3% Bearish BLUE -.042 .013 --------------------------------------------------------------------------------------------- WEAT 7.06 .13 6.72 189.8% Bullish BLUE .239 .086 --------------------------------------------------------------------------------------------- YINN 32.9 -.31 35.41 -250.1% Bullish BLUE .248 -.138 --------------------------------------------------------------------------------------------- RSX 21.27 -.17 21.63 -18.6% Bearish ---- .028 -.05 --------------------------------------------------------------------------------------------- AAPL 188.58 .43 187.63 60.5% Bullish BLUE .296 .062 --------------------------------------------------------------------------------------------- GOOG 1075.66 -3.58 1079.58 43.3% Bullish RED .062 -.058 --------------------------------------------------------------------------------------------- MSFT 98.36 .05 97.6 102.4% Bullish BLUE .202 .051 --------------------------------------------------------------------------------------------- AMZN 1610.15 7.08 1585.46 112.6% ---- BLUE -.005 .024 --------------------------------------------------------------------------------------------- FB 184.92 -1.01 184.49 60.6% Bullish RED .112 .012 --------------------------------------------------------------------------------------------- NVDA 249.28 1.59 244.24 68% Bullish BLUE .162 .006 --------------------------------------------------------------------------------------------- BA 360.09 1.09 363.92 123.9% Bullish BLUE .124 .098 --------------------------------------------------------------------------------------------- GS 235.01 -1.09 237.7 -41.9% Bearish BLUE -.14 -.112 --------------------------------------------------------------------------------------------- HD 186.85 -.3 189.79 -15.2% ---- BLUE .176 .056 --------------------------------------------------------------------------------------------- CAT 155.85 -1.85 158.92 4.5% Bullish RED .033 .015

Table 2 Count of Stocks in Key Directories 20180525 ------------------------------- NEWHIGHS 174 Bullish NEWLOWS 38 MAXCP 103 Bullish Professionals MINCP 67 TTTNH 119 Bullish Day Traders TTTNL 82 FASTUP 82 FASTDOWN 123 Swing-Traders are bearish. CPCROSSA 70 Bullish Professionals CPCROSSD 42 BIGVOLUP 1 BIGVODN 14 Bearish Dumping continues

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180525 No. NHs Pct. =============================================================== =============================================================== MAXCP 103 56 54 % HOSPITAL 7 2 29 % TRANSP 20 3 15 % EDU 7 1 14 % NIFTY 29 4 14 % HACKERS 24 3 13 % SOFTWARE 65 8 12 % COMPUTER 23 2 9 % NASD-100 89 8 9 % RETAIL 53 4 8 % DOWJONES 30 2 7 % GREEN 30 2 7 % BIOTECH 380 21 6 % HOMEBLDG 17 1 6 % SP-100 96 6 6 % CHEM 62 3 5 % ELECTRON 176 8 5 % SEMI 128 7 5 % GAMING 28 1 4 % INDMATER 85 3 4 % RUS-1000 824 34 4 % SP500 480 21 4 % FIDSTKS 189 5 3 % REGBANKS 32 1 3 % BIG17 46 1 2 % FINANCE 91 2 2 % GOLD 50 1 2 % REIT 174 3 2 % UTILITY 42 1 2 % INDEXES 195 2 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180525 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 67 16 24 % PIPELINE 7 1 14 % DJI-13 13 1 8 % ETFS 61 3 5 % INDMATER 85 3 4 % BIOTECH 380 11 3 % DOWJONES 30 1 3 % CHEM 62 1 2 % GOLD 50 1 2 % OILGAS 133 2 2 % RETAIL 53 1 2 % BONDFUND 111 1 1 % ELECTRON 176 2 1 % FIDSTKS 189 2 1 % FINANCE 91 1 1 % INDEXES 195 1 1 % NASD-100 89 1 1 % RUS-1000 824 5 1 % SP-100 96 1 1 % SP500 480 1 0 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/25/18 Bullish = 36 Bearish = 9 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU .857 1 1 1 1 1 REIT .839 .81 .839 .77 .758 .683 COAL .777 .777 .777 .777 .777 .777 FOOD .777 .666 .888 .777 .666 .666 OILGAS .744 .796 .819 .812 .849 .834 REGBANKS .718 .75 .781 .843 .812 .718 HOSPITAL .714 .571 .714 .714 .857 .857 SOLAR .714 .714 .761 .714 .809 .809 HACKERS .708 .666 .666 .666 .708 .75 TRANSP .7 .7 .6 .6 .7 .6 COMPUTER .695 .652 .652 .695 .695 .652 NIFTY .689 .655 .655 .62 .689 .655 GREEN .666 .666 .666 .633 .733 .633 SEMI .664 .601 .601 .601 .609 .57 INDEXES .661 .661 .651 .641 .656 .615 SOFTWARE .646 .63 .615 .569 .615 .646 GAMING .642 .678 .678 .75 .75 .75 RETAIL .641 .622 .641 .641 .698 .679 CHEM .629 .612 .629 .645 .645 .629 DJI-13 .615 .615 .615 .538 .615 .538 ELECTRON .613 .585 .59 .568 .551 .539 COMODITY .607 .642 .642 .678 .66 .607 SP-100 .604 .583 .635 .645 .625 .541 DOWJONES .6 .6 .7 .633 .633 .566 INDMATER .6 .635 .658 .682 .694 .682 RUS-1000 .599 .599 .603 .591 .623 .569 NASD-100 .595 .584 .584 .55 .573 .539 UTILITY .571 .547 .476 .38 .333 .333 BIOTECH .56 .56 .581 .557 .534 .568 FINANCE .56 .571 .56 .648 .593 .516 GOLD .56 .62 .54 .48 .5 .46 INFRA .558 .588 .617 .588 .705 .676 SP500 .558 .568 .566 .564 .589 .537 FIDSTKS .555 .56 .576 .576 .571 .513 GUNS .555 .555 .555 .5 .5 .5 MILITARY .552 .578 .552 .526 .552 .526 N=36 --------------------------------------------------------------------------------------------- BIG17 .5 .5 .521 .521 .5 .565 JETS .5 .4 .2 .3 .4 .3 --------------------------------------------------------------------------------------------- CHINA .451 .419 .467 .483 .483 .419 AUTO .45 .5 .475 .475 .575 .5 PIPELINE .428 .428 .571 .714 .714 .571 HOMEBLDG .411 .352 .352 .235 .47 .235 BEVERAGE .4 .4 .35 .25 .35 .35 BONDFUND .369 .315 .297 .216 .225 .198 INSURANC .322 .322 .322 .387 .451 .322 BIGBANKS .285 .285 .428 .714 .285 .142 ETFS .262 .327 .377 .442 .426 .36 N=9

                         

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        5/24/2018    With a fourth Sell S9V operative, it is seems best to avoid most
                            long positions despite the probability of a rally around the
                            Memorial Day weekend.

                            Trump has hinted that he will seek another tax cut from Congress
                            and the Fed is saying there is not much Inflation (and thus no need
                            to further raise interest rates) right now.  If Oil Prices fall back, they
                            may be right.  That still seems to depend on the Middle Eastern
                            calming down after Trump has said he would not abide by the Iranian
                            de-nuclearization deal reached by the Obama Presidency.

                            Coupled with the bullish Holiday seasonality, we will probably be seeing
                            another test of the 2.4% upper band (25100) resistance in the DJI and
                            the resistance levels shown below in SPY, QQQ and TECL.  I would
                            relax and enjoy the 3-day weekend.  Next week we will see how convincing
                            the rally looks based on all our indicators.

                            Have a most pleasant Memorial Day weekend.           .

Charts 5/24/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/24/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/524/BULLISH.htm                                     Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/524/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/24/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 247.91 -.72 247 3.4% Bullish RED .242 0 --------------------------------------------------------------------------------------------- COMPQX 7424.43 -1.53 7354.34 28.4% Bullish BLUE .18 -.01 --------------------------------------------------------------------------------------------- SPY 272.8 -.56 271.33 14.5% Bullish RED .271 -.009 --------------------------------------------------------------------------------------------- QQQ 169.55 -.05 167.46 36.2% Bullish ---- .204 -.013 --------------------------------------------------------------------------------------------- MDY 355.37 .22 353.87 11.1% Bullish BLUE .151 .011 --------------------------------------------------------------------------------------------- IWM 162.03 .06 161.87 11.4% Bullish BLUE .253 .027 --------------------------------------------------------------------------------------------- FAS 67.51 -1.03 66.78 -23.5% Bullish RED .207 -.068 --------------------------------------------------------------------------------------------- RETL 37.45 .95 37.23 -106.7% Bullish BLUE .113 .096 --------------------------------------------------------------------------------------------- SOXL 164.76 1.69 153.06 156.8% Bullish BLUE .276 -.141 --------------------------------------------------------------------------------------------- TECL 135.85 -.55 130.74 127.4% Bullish RED .251 -.034 --------------------------------------------------------------------------------------------- IBB 107.34 .09 107.8 -11.7% Bullish BLUE .154 -.057 --------------------------------------------------------------------------------------------- GLD 123.59 1.05 122.41 50.2% ---- BLUE -.001 -.017 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .061 --------------------------------------------------------------------------------------------- OIH 28.17 -.51 29.28 -221% Bullish RED .016 .143 --------------------------------------------------------------------------------------------- GASL 23.03 -1.12 24.69 -490.6% Bullish ---- .066 .237 --------------------------------------------------------------------------------------------- UGA 35.58 -.35 35.6 -34.8% Bullish ---- .052 .154 --------------------------------------------------------------------------------------------- UUP 24.68 -.03 24.64 18.3% ---- ---- -.034 .051 --------------------------------------------------------------------------------------------- IEF 101.5 .26 100.75 56.6% Bearish ---- -.12 -.01 --------------------------------------------------------------------------------------------- XLU 50.28 .41 48.99 131.8% Bearish BLUE -.024 .001 --------------------------------------------------------------------------------------------- WEAT 6.93 -.02 6.8 273.1% Bullish RED .195 .04 --------------------------------------------------------------------------------------------- YINN 33.21 -.58 34.62 -177.6% Bullish RED .259 -.119 --------------------------------------------------------------------------------------------- RSX 21.44 -.04 21.35 18.6% Bearish BLUE .083 -.058 --------------------------------------------------------------------------------------------- AAPL 188.15 -.21 186.31 31% Bullish RED .28 .054 --------------------------------------------------------------------------------------------- GOOG 1079.24 -.45 1066.36 3% Bullish BLUE .108 -.061 --------------------------------------------------------------------------------------------- MSFT 98.31 -.35 96.36 109.5% Bullish RED .205 .047 --------------------------------------------------------------------------------------------- AMZN 1603.07 1.21 1574.37 67.2% Bullish BLUE .037 .007 --------------------------------------------------------------------------------------------- FB 185.93 -.97 182.68 58.9% Bullish ---- .146 .009 --------------------------------------------------------------------------------------------- NVDA 247.69 .15 245.94 -.4% Bullish BLUE .174 -.004 --------------------------------------------------------------------------------------------- BA 359 -.21 351.23 209.5% Bullish BLUE .112 .087 --------------------------------------------------------------------------------------------- GS 236.1 -1.71 237 -63% Bearish RED -.123 -.107 --------------------------------------------------------------------------------------------- HD 187.15 .48 187.42 48.6% ---- BLUE .248 .055 --------------------------------------------------------------------------------------------- CAT 157.7 -.04 155.71 128.2% Bullish BLUE .069 .034

Table 2 Count of Stocks in Key Directories 20180524 ------------------------------- NEWHIGHS 198 Bullish NEWLOWS 46 MAXCP 116 Bullish MINCP 77 TTTNH 114 TTTNL 119 Watch out for "fades". FASTUP 88 FASTDOWN 94 Bearish. CPCROSSA 55 CPCROSSD 45 BIGVOLUP 5 BIGVODN 9

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180524 No. NHs Pct. =============================================================== =============================================================== MAXCP 116 66 57 % NIFTY 29 5 17 % EDU 7 1 14 % SOFTWARE 65 9 14 % HACKERS 24 3 13 % NASD-100 89 9 10 % TRANSP 20 2 10 % COMPUTER 23 2 9 % RETAIL 53 4 8 % DOWJONES 30 2 7 % BIOTECH 380 24 6 % FIDSTKS 189 12 6 % INSURANC 31 2 6 % REGBANKS 33 2 6 % BEVERAGE 20 1 5 % REIT 174 9 5 % SOLAR 21 1 5 % SP-100 96 5 5 % SP500 480 24 5 % BIG17 46 2 4 % FINANCE 91 4 4 % GAMING 28 1 4 % RUS-1000 824 35 4 % CHEM 62 2 3 % ELECTRON 176 6 3 % GREEN 30 1 3 % MILITARY 38 1 3 % CHINA 62 1 2 % COMODITY 56 1 2 % GOLD 50 1 2 % INDMATER 85 2 2 % INDEXES 195 4 2 % OILGAS 133 2 2 % SEMI 128 3 2 % UTILITY 42 1 2 % MINCP 77 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180524 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 77 20 26 % PIPELINE 7 1 14 % DJI-13 13 1 8 % BEVERAGE 20 1 5 % GAMING 28 1 4 % AUTO 40 1 3 % BIOTECH 380 11 3 % CHINA 62 2 3 % DOWJONES 30 1 3 % ETFS 61 2 3 % BONDFUND 111 2 2 % CHEM 62 1 2 % ELECTRON 176 3 2 % FIDSTKS 189 3 2 % GOLD 50 1 2 % INDMATER 85 2 2 % RETAIL 53 1 2 % SOFTWARE 65 1 2 % FINANCE 91 1 1 % INDEXES 195 1 1 % NASD-100 89 1 1 % OILGAS 133 1 1 % RUS-1000 824 6 1 % SEMI 128 1 1 % SP-100 96 1 1 % SP500 480 1 0 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/24/18 Bullish = 36 Bearish = 9 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 1 1 1 1 1 REIT .81 .839 .77 .758 .683 .655 OILGAS .796 .819 .812 .849 .834 .864 COAL .777 .777 .777 .777 .777 .777 REGBANKS .727 .757 .848 .818 .696 .757 SOLAR .714 .761 .714 .809 .809 .857 TRANSP .7 .6 .6 .7 .65 .65 GAMING .678 .678 .75 .75 .75 .75 FOOD .666 .888 .777 .666 .666 .555 GREEN .666 .666 .633 .733 .633 .633 HACKERS .666 .666 .666 .708 .75 .708 INDEXES .656 .651 .641 .656 .61 .641 NIFTY .655 .655 .62 .689 .655 .689 COMPUTER .652 .652 .695 .695 .652 .695 COMODITY .642 .642 .678 .66 .589 .553 INDMATER .635 .658 .682 .694 .682 .694 SOFTWARE .63 .615 .569 .615 .646 .63 RETAIL .622 .641 .641 .698 .679 .698 GOLD .62 .54 .48 .5 .42 .44 DJI-13 .615 .615 .538 .615 .538 .538 CHEM .612 .629 .645 .645 .629 .645 SEMI .601 .601 .601 .609 .562 .601 DOWJONES .6 .7 .633 .633 .566 .6 RUS-1000 .599 .603 .591 .623 .569 .574 INFRA .588 .617 .588 .705 .676 .647 ELECTRON .585 .59 .568 .551 .534 .568 NASD-100 .584 .584 .55 .573 .539 .573 SP-100 .583 .635 .645 .625 .541 .572 MILITARY .578 .552 .526 .552 .526 .5 FINANCE .571 .56 .648 .593 .516 .56 HOSPITAL .571 .714 .714 .857 .857 .857 SP500 .568 .566 .564 .589 .537 .552 BIOTECH .56 .581 .557 .534 .571 .555 FIDSTKS .56 .576 .576 .571 .513 .534 GUNS .555 .555 .5 .5 .5 .555 UTILITY .547 .476 .38 .333 .357 .309 N=36 =========================================================================================== AUTO .5 .475 .475 .575 .5 .475 BIG17 .5 .521 .521 .5 .565 .521 =========================================================================================== PIPELINE .428 .571 .714 .714 .571 .428 CHINA .419 .467 .483 .483 .419 .435 BEVERAGE .4 .35 .25 .35 .35 .35 JETS .4 .2 .3 .4 .4 .4 HOMEBLDG .352 .352 .235 .47 .235 .176 ETFS .327 .377 .442 .426 .36 .426 INSURANC .322 .322 .387 .451 .322 .322 BONDFUND .315 .297 .216 .225 .198 .171 BIGBANKS .285 .428 .714 .285 .142 .428 N=9

        5/23/2018    The new Sell S9V is scary because it is the fourth Sell S9V in a short
                             time.   Multiple sets of S9s over six or seven months are dangerous. 
                             So many of these S9s in only five months cannot be ignored.  Nearly
                             all of the S9s possessed the same V-I negative non-confirmation at
                             the upper 2.35% band that we saw on Monday. 

                             See the study below.
                             http://tigersoft.com/Peerless-Research/SELLS9VS-18/INDEX.htm

                             There seems little doubt that we are not seeing the same upside volatility
                             that we used to.  If I had written Peerless back in 1940, we would be using
                             5% bands or wider.  When I wrote it originally in 1981, we used a 4% band.
                             When the Windows-version was written in 1990, we employed a 3.5% band.
                             Because many of the DJI rallied failed to tag the full upper 3.5% band, the
                             2006 version used mainly used closes as low as 2.4% over the 21-dma for
                             its Sell signals.   I would guess that most of the the Sell signals since 2006 have
                             occured between the 2% and 2.6% band.  I can report on this later.  But there is
                             little question in my mind that we have to use narrower and narrower
                             upper bands, especially later in a bull market.  As the DJI approaches the
                             2%, I will try to remind folks of this and they may be able to sell into
                             strength very nicely.  That would have worked well on Monday's early strength.
                            
                             Right now, the DJI is 1.6% over the 21-dma.  The V-Indicator remains
                             negative, -18.  So, another move about .75% higher, to about 25075
                             would yield another Sell S9v.  Remember that the average S9-V occurs
                             prematurely by about 1.3%. So by this measure, we could still see the
                             DJI move up to  25538.  There is a bullish seasonality around the 3-day
                             Memorial Day weekend.  (Monday honors our war veterans' sacrifices).
                             The average gain for the next ten trading days was zero, but the DJI did
                             rise 57.8% of the time since 1965.  On the other hand, a failure to rally
                             in this normally bullish holiday period would be another bearish development.
                             Traders who bought expecting a rally would have to inload their positions
                             next week.

                             I think we should hold long Oil ETFs and now be looking for good short
                             sales among our TigerSoft MINCPs.  TECL I suggested shorting last night.
                             It must stay below the right shoulder peak in its developing head and shoulders
                             pattern.   See the chart below. 

Charts 5/23/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/23/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/523/BULLISH.htm                                       Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/523/BEARISH.htm

Independent Peerless Sell S9-Vs like the one we just had. Totals: Sell S9Vs: 1965-2018 Number of Trades= 17 Avg.Gain = .068 Median Gain = .06 Avg.Paper Loss = .011 Median Paper Loss = .012 Probability of a paper loss = 76.5% (13/17) .............................................................................. No. Date Signal DJI Pct Gain Paper Loss la/ma annroc PI PI-ch IP21 V-I ================================================================================= 1 19960809 S9V 5681.31 -.016 .016 1.031 .348 +68 (+81) .107 -.10 Flat top breakout and Buy B10 followed. A/D Line was lagging DJI ---------------------------------------------------------------------------------- 2 19980708 S9V 9174.97 .168 .029 1.0301 .141 +2 (+7) -.025 -17 DJI rallied to 9337.97 on 7/17/1998 and fell 20% from high. ---------------------------------------------------------------------------------- 3 19990630 S9V 10970.80 .029 .022 1.024 .417 64 (+44) .053 -2 DJI rallied to 11200.98 on 7/12/1999 and fell to lower band on 8/3/1999. ---------------------------------------------------------------------------------- 4 20000811 S9V 11176.14 .084 .012 1.026 .265 14 (+55) -.023 -62 DJI rallied to 11310.64 on 9/6/2000 and then fell below lower band, 12% below peak. ---------------------------------------------------------------------------------- 5 20020517 S9V 10353.08 .209 none 1.0283 .175 48 (+15) -.018 -148 DJI fell directly into a bear market decline of 26%. -------------------------------------------------------------------------------- 6 20020812 S9V 8688.89 .086 .042 1.036 .006 204 (+18) +.087 -322 A/D Line had just failed to confirm this rally to upper band. DJI rallied to 9053.64 on 8/22/2002 and then resumed bear market. ---------------------------------------------------------------------------------- 7 20080805 S9V 11615.77 +.060 .014 1.024 .403 91 (+136) +.073 -87 DJI was already weak. DJI rallied to 11782.35 on 8/11/2002 and then started a deep bear market. ---------------------------------------------------------------------------------- 8 20090518 S9V 8504.08 +.021 .007 1.033 .54 334 63 -.005 -11 DJI was recovering from a long bear market. Different than now. DJI rallied to 8739.02 on 6/10/2009 and then fell 7%. ---------------------------------------------------------------------------------- 9 20090603 S9V 8675.24 +.041 .028 1.027 .351 221 (-169) .008 -96 DJI was recovering from a long bear market. Different than now. DJI rallied to 8739.02 on 6/10/2009 and then fell 7%. ---------------------------------------------------------------------------------- 10 20100616 S9 10409.46 .061 .003 1.025 -.253 12 (+2) -.013 -150 -150 -.202 -.022 ^^^^^ Chart now shows only S12, but S9V conditions met apart from weak AROC. DJI rallied to 10450.64 and then fell quickly to the lower band. ---------------------------------------------------------------------------------- 11 20100726 S9 10542.43 .026 .015 1.041 .459 442 (+170) .166 -11 DJI rallied to 10698.75 and then fell quickly to the lower band. ---------------------------------------------------------------------------------- 12 20100809 S9V 10698.75 .04 none 1.025 .572 477 (-19) .246 -15 This is really a continuation of #12. ---------------------------------------------------------------------------------- 13 20110503 S9V 12807.51 .051 none 1.027 .412 113 (-99) .154 -47 DJI fell directly to slightly below lower band. ---------------------------------------------------------------------------------- 14 20110630 S9V 12414.34 .075 .025 1.027 .122 78 (+162) -.067 -116 DJI rose to 12724 before quickly falling 17%. ---------------------------------------------------------------------------------- 15 20110721 S9V 12724.41 .098 none 1.0246 .513 269 (-16) .085 -51 -51 .006 .043 DJI fell directly 17%. ---------------------------------------------------------------------------------- 16 20110831 S9V 11613.53 .083 none 1.031 -.267 134 (+134) 134 -151 DJI fell directly to lower band. ---------------------------------------------------------------------------------- 17 20110711 S9V 15460.92 .032 .012 1.028 .268 258 (+217) -.044 -25 DJI rose to 15658.36 before falling to the lower band. ---------------------------------------------------------------------------------- 18 2018 S9V 25013.29 1.024 (rounded off) .268 234 (+103) .083 -15

Current Index/Stocks'/ETFs' charts a little later tonight.

Table 1 QUICKSILVER on ETFS - 05/23/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 248.63 .45 247.74 13.3% Bullish BLUE .252 ----- --------------------------------------------------------------------------------------------- COMPQX 7425.96 47.5 7382.47 18.7% Bullish BLUE .169 -.005 --------------------------------------------------------------------------------------------- SPY 273.36 .75 272.01 20.6% Bullish BLUE .281 -.006 --------------------------------------------------------------------------------------------- QQQ 169.6 1.42 168.33 18.4% Bullish BLUE .209 -.006 --------------------------------------------------------------------------------------------- MDY 355.15 .27 354.58 18.3% Bullish BLUE .135 .012 --------------------------------------------------------------------------------------------- IWM 161.97 .21 161.66 32.4% Bullish BLUE .245 .029 --------------------------------------------------------------------------------------------- FAS 68.54 -.44 67.83 30.1% Bullish BLUE .208 -.068 --------------------------------------------------------------------------------------------- RETL 36.5 .93 38.24 -226.1% Bullish BLUE .12 .054 --------------------------------------------------------------------------------------------- SOXL 163.07 2.57 159.78 44.1% Bullish BLUE .268 -.144 --------------------------------------------------------------------------------------------- TECL 136.4 3.05 132.45 71.8% Bullish BLUE .257 -.027 --------------------------------------------------------------------------------------------- IBB 107.25 .53 107.59 -13.1% Bullish BLUE .153 -.052 --------------------------------------------------------------------------------------------- GLD 122.54 .13 122.36 10.2% Bearish BLUE -.001 -.019 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .068 --------------------------------------------------------------------------------------------- OIH 28.68 -.29 29.46 -37.6% Bullish ---- .051 .167 --------------------------------------------------------------------------------------------- GASL 24.15 -.42 25.48 22% Bullish RED .097 .283 --------------------------------------------------------------------------------------------- UGA 35.93 -.1 35.83 1.4% Bullish ---- .083 .197 --------------------------------------------------------------------------------------------- UUP 24.71 .1 24.59 30.5% ---- ---- -.035 .06 --------------------------------------------------------------------------------------------- IEF 101.24 .46 100.36 40.7% Bearish BLUE -.119 -.004 --------------------------------------------------------------------------------------------- XLU 49.87 .45 48.98 49.8% Bearish BLUE -.048 .009 --------------------------------------------------------------------------------------------- WEAT 6.95 .11 6.56 313.9% Bullish BLUE .246 .053 --------------------------------------------------------------------------------------------- YINN 33.79 -1.1 34.44 -350.2% Bullish BLUE .247 -.086 --------------------------------------------------------------------------------------------- RSX 21.48 -.08 21.36 -46.5% Bearish ---- .097 -.057 --------------------------------------------------------------------------------------------- AAPL 188.36 1.2 186.99 4.8% Bullish BLUE .254 .053 --------------------------------------------------------------------------------------------- GOOG 1079.69 9.96 1078.59 -9.7% Bullish BLUE .061 -.045 --------------------------------------------------------------------------------------------- MSFT 98.66 1.16 96.18 77.9% Bullish BLUE .205 .051 --------------------------------------------------------------------------------------------- AMZN 1601.86 20.46 1581.76 46.1% Bullish BLUE .065 .015 --------------------------------------------------------------------------------------------- FB 186.9 3.1 183.76 100.8% Bullish BLUE .173 .034 --------------------------------------------------------------------------------------------- NVDA 247.54 4.84 247.71 31.2% Bullish BLUE .172 .006 --------------------------------------------------------------------------------------------- BA 359.21 4.19 344.14 259.8% Bullish BLUE .17 .067 --------------------------------------------------------------------------------------------- GS 237.81 -.19 239.1 -66% Bearish BLUE -.159 -.108 --------------------------------------------------------------------------------------------- HD 186.67 -.2 185.33 7.7% ---- RED .246 .053 --------------------------------------------------------------------------------------------- CAT 157.74 1.54 153.69 126.6% Bullish BLUE .063 .033

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180523 No. NHs Pct. =============================================================== MAXCP 90 48 53 % NIFTY 29 5 17 % SOFTWARE 65 11 17 % COMODITY 56 7 13 % DOWJONES 30 3 10 % NASD-100 89 8 9 % HACKERS 24 2 8 % RETAIL 53 4 8 % BIOTECH 380 24 6 % FINANCE 91 5 5 % SOLAR 21 1 5 % TRANSP 20 1 5 % COMPUTER 23 1 4 % FIDSTKS 189 8 4 % GAMING 28 1 4 % REIT 173 7 4 % RUS-1000 825 30 4 % SEMI 129 5 4 % SP-100 96 4 4 % SP500 481 19 4 % CHEM 62 2 3 % CHINA 62 2 3 % ELECTRON 177 6 3 % GREEN 30 1 3 % INSURANC 32 1 3 % REGBANKS 33 1 3 % GOLD 50 1 2 % INDMATER 85 2 2 % INDEXES 195 4 2 % OILGAS 133 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180523 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 80 21 26 % PIPELINE 7 1 14 % GAMING 28 2 7 % CHINA 62 3 5 % ETFS 61 3 5 % TRANSP 20 1 5 % RETAIL 53 2 4 % BIOTECH 380 8 2 % BONDFUND 111 2 2 % CHEM 62 1 2 % ELECTRON 177 3 2 % GOLD 50 1 2 % INDMATER 85 2 2 % SEMI 129 2 2 % FIDSTKS 189 1 1 % OILGAS 133 1 1 % RUS-1000 825 8 1 % SP500 481 3 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/23/18 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 1 1 1 1 .857 FOOD .888 .777 .666 .666 .555 .555 REIT .838 .768 .757 .682 .658 .682 OILGAS .819 .812 .849 .834 .857 .842 COAL .777 .777 .777 .777 .777 .666 SOLAR .761 .714 .809 .809 .857 .857 REGBANKS .757 .848 .818 .696 .757 .696 HOSPITAL .714 .714 .857 .857 .714 .714 DOWJONES .7 .633 .633 .566 .6 .633 GAMING .678 .75 .75 .75 .75 .75 GREEN .666 .633 .733 .633 .633 .666 HACKERS .666 .666 .708 .75 .708 .666 INDMATER .658 .682 .694 .682 .694 .647 NIFTY .655 .62 .689 .655 .689 .689 COMPUTER .652 .695 .695 .652 .695 .695 INDEXES .651 .641 .656 .61 .635 .63 COMODITY .642 .678 .66 .589 .553 .589 RETAIL .641 .641 .698 .679 .698 .735 SP-100 .635 .645 .625 .541 .572 .604 CHEM .629 .645 .645 .629 .645 .629 INFRA .617 .588 .705 .676 .647 .588 DJI-13 .615 .538 .615 .538 .538 .538 SOFTWARE .615 .569 .615 .646 .63 .6 RUS-1000 .602 .59 .623 .568 .57 .574 TRANSP .6 .6 .7 .65 .65 .65 SEMI .596 .596 .604 .558 .596 .581 ELECTRON .587 .564 .548 .531 .559 .536 NASD-100 .584 .55 .573 .539 .561 .573 BIOTECH .581 .557 .534 .571 .555 .544 FIDSTKS .576 .576 .571 .513 .534 .534 PIPELINE .571 .714 .714 .571 .428 .428 SP500 .565 .563 .588 .536 .548 .555 FINANCE .56 .648 .593 .516 .549 .571 GUNS .555 .5 .5 .5 .555 .611 MILITARY .552 .526 .552 .526 .5 .473 GOLD .54 .48 .5 .42 .44 .42 BIG17 .521 .521 .5 .565 .521 .543 N=37 =========================================================================================== UTILITY .476 .38 .333 .357 .309 .333 CHINA .467 .483 .483 .419 .435 .532 AUTO .461 .461 .564 .487 .461 .461 BIGBANKS .428 .714 .285 .142 .428 .857 ETFS .377 .442 .426 .36 .426 .475 HOMEBLDG .352 .235 .47 .235 .176 .176 BEVERAGE .35 .25 .35 .35 .35 .25 INSURANC .312 .375 .437 .312 .312 .312 BONDFUND .297 .216 .225 .198 .171 .18 JETS .2 .3 .4 .4 .4 .4 N=10

==============================================================================
==============================================================================
           5/22/2018      Consider Peerless to have now rendered a new Sell S9V.   This is
                                 the fourth Sell S9 this year.  In the past, such clusters have been extremely
                                 bearish.   Certainly, sell out stocks that break their Closing Power uptrends.
                                 Take profits in the low priced oil stocks and IWM.  I would suggest
                                 selling short DIA or TECL and some of the bearish MINCP stocks.

                                       The A/D Line is still rising.  But the Hourly DJI chart shows
                                       a bearish OBV divergence from prices and the Candle-Stick
                                       DIA chart shows a bearish red "popsicle" and a break in its
                                       weak Closing Power uptrend.  I doubt if the now once-again
                                       falling 65-dma will provide much support.  That means another
                                       fateful DJIA test of the now five-times tested support at 23400-23500.
                                       A great deal will ride on this.  It will likely be quite dramatic.
                                      
                                                      Four Separate S9s on Peerless DJIA Chart...






                               
                                 Selling and taking profits is the least we should do considering the
                                 dreadful consequences in the past of four separate clusters of major sells
                                 over six months or less time.  Needless to say, we can always retake long
                                 positions if Peerless reverses itself.  Peerless did show it can reverse course if
                                 necessary.  Examples of this occurred in mid 1929 and 1987 when the
                                 Fed suddenly reversed course from tightening to loosening.  This only
                                 ended up making the ultimate decline much worse.

                                 Someone jumped the gun and sold ahead of the rest of us. That is
                                 becoming a disquieting pattern.  We need to tighten our upper band.
                                 Yestrday, I mentioned that we came to within about 25 or 30 points
                                 of getting  a Sell S9V.  That must have been close enough for some
                                 nervous and/or well-financed copy-cat traders.  Or perhaps, it's just
                                 Goldman Sachs' warning today about much higher interest rates and
                                 a Trillion Dollar deficit in a few years which will prevent Congress from
                                 stopping a big economic slide with Keynesian public works' spending.
                                 Or perhaps, it because there is not much more Credit that can be extended
                                 to keep consumers buying all that is being produced.   Or perhaps, the
                                 market is just in need of a 20% decline after going 8 years without such
                                 a bout of profit-taking.  Whatever, the reason, the market is now likely
                                 to decline given the Sell S9V.   A breakdown below the 65-dma will
                                 then bring a testing of the recent lows.  If prices break that well-tested
                                 support, "watch out below"!  All this could happen much more quickly
                                 than most expect, including the Fed.

                                 With three recent Sell S9s, we shouldn't be fussy. A fourth Sell S9
                                 puts the market in a dangerous situation. And rounded off, the DJI
                                 did reached the 2.4% upper band with the V-Indicator. What's more
                                 if we take yesterday's key values as close enough for a Sell S9V,
                                 then today's negative breadth clinched that Sell S9V. 

                                 The DJI may try to go higher.  But the average paper loss after a Sell
                                 S9V is not much more than 1.3 percent.  So, in my judgement,  we can't take
                                 the chance that this decline could be very bad.  I do not say this
                                 lightly.   Look below at what has happened in the past when Peerless
                                 has given four clusters of Sell signals in a short span of time.  Four
                                 Sell S9s in such a short period would seem particularly bearish, expecially
                                 now that every mutual and hedge fund could quickly start jumping on the
                                 many leveraged general market ETFs, options and futures.  The risk
                                 here will be very high if the DJI closes below its 65-dma and probably
                                 become huge if the 23400-23600 support is violated.

                                 I would suggest selling out nearly all our stock positions.  The tech ETFS show
                                 the weakest ITRS.  So TECL would seem to make a good short now, but
                                 DIA should also be shorted.

                                 The Tiger Elite Service Page will let you download the new Peerless
                                 adjusted to give Sell S9Vs when the DJI closes more than 2.35% over the
                                 21-day ma with a negative V-Indicator. There will also be a new page of
                                 monitored Stock Selections later tonight.

                                 The Aftermath of Four Sell S9 Clusters
                                      1929
                                      1972-1973
                                      1980-1981
                                      1987
                                      1999-2000
                                      2007-2008
                                 Time is running out tonight.  I will post these tomorrow night.

Charts 5/22/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/22/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/522/BULLISH.htm                                     Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/522/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/22/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 248.18 -1.76 247.97 17.5% Bullish RED .156 0 --------------------------------------------------------------------------------------------- COMPQX 7378.46 -15.58 7398.3 18.2% Bullish RED .095 -.013 --------------------------------------------------------------------------------------------- SPY 272.61 -.76 272.24 27.8% Bullish RED .196 -.006 --------------------------------------------------------------------------------------------- QQQ 168.18 -.22 168.98 9.2% Bullish RED .106 -.019 --------------------------------------------------------------------------------------------- MDY 354.88 -2.46 353.85 49% Bullish RED .046 .014 --------------------------------------------------------------------------------------------- IWM 161.76 -1.18 160.92 77.5% Bullish RED .202 .031 --------------------------------------------------------------------------------------------- FAS 68.98 .7 68.13 70.8% Bullish BLUE .122 -.075 --------------------------------------------------------------------------------------------- RETL 35.57 -2.03 38.19 -93.3% ---- RED .066 .027 --------------------------------------------------------------------------------------------- SOXL 160.5 2.66 161.67 161.9% Bullish RED .185 -.188 --------------------------------------------------------------------------------------------- TECL 133.35 -.68 134.49 25.6% Bullish RED .172 -.071 --------------------------------------------------------------------------------------------- IBB 106.72 .34 107.53 6.5% Bullish BLUE .117 -.055 --------------------------------------------------------------------------------------------- GLD 122.41 -.07 122.29 -2.9% Bearish RED .003 -.01 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .076 --------------------------------------------------------------------------------------------- OIH 28.97 -.54 28.9 91% Bullish RED .004 .171 --------------------------------------------------------------------------------------------- GASL 24.57 -1.38 24.04 232.6% Bullish RED .046 .302 --------------------------------------------------------------------------------------------- UGA 36.03 0 35.92 123.2% Bullish RED .036 .199 --------------------------------------------------------------------------------------------- UUP 24.61 -.01 24.56 22.4% Bullish ---- .062 .061 --------------------------------------------------------------------------------------------- IEF 100.78 -.04 100.42 7.5% Bearish ---- -.162 .001 --------------------------------------------------------------------------------------------- XLU 49.42 .18 49.38 -35.5% Bearish BLUE -.067 .011 --------------------------------------------------------------------------------------------- WEAT 6.84 .12 6.53 233.9% Bullish ---- .226 .039 --------------------------------------------------------------------------------------------- YINN 34.89 -.52 36.25 58.5% Bearish RED .163 -.084 --------------------------------------------------------------------------------------------- RSX 21.56 -.07 21.68 65.2% Bearish RED .03 -.062 --------------------------------------------------------------------------------------------- AAPL 187.16 -.47 188.18 19.2% Bullish RED .204 .045 --------------------------------------------------------------------------------------------- GOOG 1069.73 -9.85 1081.77 -44.1% Bullish RED -.053 -.066 --------------------------------------------------------------------------------------------- MSFT 97.5 -.1 97.15 9.3% ---- RED .124 .023 --------------------------------------------------------------------------------------------- AMZN 1581.4 -4.06 1587.28 16.7% Bearish RED -.034 .004 --------------------------------------------------------------------------------------------- FB 183.8 -.69 183.2 -14.2% Bullish RED .09 .01 --------------------------------------------------------------------------------------------- NVDA 242.7 -1.54 246.01 -58.2% ---- RED .118 -.013 --------------------------------------------------------------------------------------------- BA 355.02 -8.9 340.97 185.1% ---- RED .082 .046 --------------------------------------------------------------------------------------------- GS 238 .3 240.96 -74.4% Bearish RED -.243 -.114 --------------------------------------------------------------------------------------------- HD 186.87 -2.92 186.38 -29.6% ---- RED .199 .055 --------------------------------------------------------------------------------------------- CAT 156.2 -2.72 153.8 116.5% ---- RED -.152 .026

Count of Stocks in Key Directories 20180522 ------------------------------- NEWHIGHS 152 NEWLOWS 39 MAXCP 36 MINCP 108 Pros are bearish. TTTNH 64 TTTNL 104 FASTUP 109 Day Traders are still bullish. FASTDOWN 76 CPCROSSA 40 CPCROSSD 148 Pros are switching to bearish side.. BIGVOLUP 4 BIGVODN 8 LOWACCUM 417 Lots of Big Money Distribution.

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180522 No. NHs Pct. =============================================================== MAXCP 36 23 64 % REGBANKS 33 7 21 % COMODITY 56 11 20 % FINANCE 91 10 11 % BIOTECH 380 19 5 % TRANSP 20 1 5 % CHEM 71 3 4 % COMPUTER 23 1 4 % HACKERS 24 1 4 % DOWJONES 30 1 3 % NIFTY 30 1 3 % SOFTWARE 65 2 3 % BIG17 48 1 2 % ELECTRON 177 4 2 % FIDSTKS 189 4 2 % INDMATER 85 2 2 % INDEXES 195 3 2 % OILGAS 133 2 2 % REIT 173 3 2 % RETAIL 53 1 2 % RUS-1000 825 20 2 % SP500 481 9 2 % MINCP 108 2 2 % NASD-100 89 1 1 % SEMI 129 1 1 % SP-100 96 1 1 % UTILITY 42 0 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180522 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 108 19 18 % BONDFUND 111 14 13 % ETFS 61 3 5 % GAMING 28 1 4 % GOLD 50 2 4 % BIOTECH 380 10 3 % MAXCP 36 1 3 % CHINA 62 1 2 % RETAIL 53 1 2 % SEMI 129 2 2 % SOFTWARE 65 1 2 % CHEM 71 1 1 % ELECTRON 177 1 1 % FIDSTKS 189 1 1 % INDMATER 85 1 1 % RUS-1000 825 6 1 % SP-100 96 1 1 % SP500 481 1 0 %

RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/22/18 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 1 1 1 .857 .714 REGBANKS .848 .818 .696 .757 .696 .666 OILGAS .812 .849 .834 .857 .842 .834 COAL .777 .777 .777 .777 .666 .666 FOOD .777 .666 .666 .555 .555 .555 REIT .768 .757 .682 .658 .682 .687 GAMING .75 .75 .75 .75 .75 .75 BIGBANKS .714 .285 .142 .428 .857 .857 HOSPITAL .714 .857 .857 .714 .714 .714 PIPELINE .714 .714 .571 .428 .428 .571 SOLAR .714 .809 .809 .857 .857 .761 COMPUTER .695 .695 .652 .695 .739 .695 INDMATER .682 .694 .682 .694 .647 .623 COMODITY .678 .66 .589 .553 .589 .517 HACKERS .666 .708 .75 .708 .666 .708 FINANCE .648 .593 .516 .549 .571 .56 SP-100 .645 .625 .541 .572 .614 .583 INDEXES .641 .656 .61 .635 .641 .63 RETAIL .641 .698 .679 .698 .716 .66 DOWJONES .633 .633 .566 .6 .633 .633 GREEN .633 .733 .633 .633 .666 .633 NIFTY .633 .7 .666 .7 .7 .7 CHEM .619 .619 .591 .619 .605 .563 TRANSP .6 .7 .65 .65 .65 .5 SEMI .596 .604 .558 .596 .581 .55 RUS-1000 .59 .623 .568 .57 .576 .552 INFRA .588 .705 .676 .647 .588 .588 FIDSTKS .576 .571 .513 .534 .544 .534 SOFTWARE .569 .615 .646 .63 .6 .63 ELECTRON .564 .548 .531 .559 .536 .514 SP500 .563 .588 .536 .548 .557 .523 BIOTECH .557 .534 .571 .555 .539 .526 NASD-100 .55 .573 .539 .561 .573 .539 BIG17 .541 .52 .583 .541 .541 .52 DJI-13 .538 .615 .538 .538 .538 .538 MILITARY .526 .552 .526 .5 .473 .473 N=36 ============================================================================================= GUNS .5 .5 .5 .555 .611 .5 ============================================================================================= CHINA .483 .483 .419 .435 .532 .451 GOLD .48 .5 .42 .44 .42 .4 AUTO .475 .575 .5 .475 .45 .4 ETFS .442 .426 .36 .426 .491 .409 UTILITY .38 .333 .357 .309 .357 .404 INSURANC .375 .437 .312 .312 .312 .281 JETS .3 .4 .4 .4 .4 .1 BEVERAGE .25 .35 .35 .35 .25 .3 HOMEBLDG .235 .47 .235 .176 .176 .176 BONDFUND .216 .225 .198 .171 .18 .171 N=10

 
==============================================================================
     5/21/2018      Peerless is still operating on a Buy B9.  The A/D Line jumped to a new
                           all-time high.  IWM, Oil stocks and Oil ETFs are the groups still favored,
                           judging from their high ITRS and IP21 values. See table 1.

                           Interestingly, tech ETFs and the biggest tech stocks are now lagging. We
                           do have to note that IWM's daily volume is not rising to match its breakout-
                           run.   But its target for us is still 170.  So hang on to it for now. 

                           The DJI's  big jump today took it above the 25000 round number resistance
                           but it missed giving a Sell S9-V by less than 20 points.  A Sell S9-v will probably
                           come tomorrow if the DJI continues to rise.  The history of Sell S9s does
                           allow their appearance even when the A/D Line is strong and making new highs. 
                           Typically in these S9-V cases,  where the A/D Line is making new highs, the DJI  still
                           moves one or two percent higher before falling to the lower band. So, we should
                           probably wait for the S9-V to be clinched by having daily NYSE decliners fall behind
                           daily advancers by 25 or more at the close after the S9-V appears. 

                           The table below shows all the past "independent" Sell-S9-s since 1965. (Before
                           1965, we can only estimate up and down volume.  I define independent
                           Sell-S9-Vs to be those  where the P-Indicator is positive and thus no normal
                           Sell S9 occurred. )  The probability of a paper loss is 76.5%.

Independent Peerless Sell S9-Vs Totals: Sell S9Vs: 1965-2018 Number of Trades= 17 Avg.Gain = .068 Median Gain = .06 Avg.Paper Loss = .011 Median Paper Loss = .012 Probability of a paper loss = 76.5% (13/17) .............................................................................. No. Date Signal DJI Pct Gain Paper Loss la/ma annroc PI PI-ch IP21 V-I ================================================================================= 1 19960809 S9V 5681.31 -.016 .016 1.031 .348 +68 (+81) .107 -.10 Flat top breakout and Buy B10 followed. A/D Line was lagging DJI ---------------------------------------------------------------------------------- 2 19980708 S9V 9174.97 .168 .029 1.0301 .141 +2 (+7) -.025 -17 DJI rallied to 9337.97 on 7/17/1998 and fell 20% from high. ---------------------------------------------------------------------------------- 3 19990630 S9V 10970.80 .029 .022 1.024 .417 64 (+44) .053 -2 DJI rallied to 11200.98 on 7/12/1999 and fell to lower band on 8/3/1999. ---------------------------------------------------------------------------------- 4 20000811 S9V 11176.14 .084 .012 1.026 .265 14 (+55) -.023 -62 DJI rallied to 11310.64 on 9/6/2000 and then fell below lower band, 12% below peak. ---------------------------------------------------------------------------------- 5 20020517 S9V 10353.08 .209 none 1.0283 .175 48 (+15) -.018 -148 DJI fell directly into a bear market decline of 26%. -------------------------------------------------------------------------------- 6 20020812 S9V 8688.89 .086 .042 1.036 .006 204 (+18) +.087 -322 A/D Line had just failed to confirm this rally to upper band. DJI rallied to 9053.64 on 8/22/2002 and then resumed bear market. ---------------------------------------------------------------------------------- 7 20080805 S9V 11615.77 +.060 .014 1.024 .403 91 (+136) +.073 -87 DJI was already weak. DJI rallied to 11782.35 on 8/11/2002 and then started a deep bear market. ---------------------------------------------------------------------------------- 8 20090518 S9V 8504.08 +.021 .007 1.033 .54 334 63 -.005 -11 DJI was recovering from a long bear market. Different than now. DJI rallied to 8739.02 on 6/10/2009 and then fell 7%. ---------------------------------------------------------------------------------- 9 20090603 S9V 8675.24 +.041 .028 1.027 .351 221 (-169) .008 -96 DJI was recovering from a long bear market. Different than now. DJI rallied to 8739.02 on 6/10/2009 and then fell 7%. ---------------------------------------------------------------------------------- 10 20100616 S9 10409.46 .061 .003 1.025 -.253 12 (+2) -.013 -150 -150 -.202 -.022 ^^^^^ Chart now shows only S12, but S9V conditions met apart from weak AROC. DJI rallied to 10450.64 and then fell quickly to the lower band. ---------------------------------------------------------------------------------- 11 20100726 S9 10542.43 .026 .015 1.041 .459 442 (+170) .166 -11 DJI rallied to 10698.75 and then fell quickly to the lower band. ---------------------------------------------------------------------------------- 12 20100809 S9V 10698.75 .04 none 1.025 .572 477 (-19) .246 -15 This is really a continuation of #12. ---------------------------------------------------------------------------------- 13 20110503 S9V 12807.51 .051 none 1.027 .412 113 (-99) .154 -47 DJI fell directly to slightly below lower band. ---------------------------------------------------------------------------------- 14 20110630 S9V 12414.34 .075 .025 1.027 .122 78 (+162) -.067 -116 DJI rose to 12724 before quickly falling 17%. ---------------------------------------------------------------------------------- 15 20110721 S9V 12724.41 .098 none 1.0246 .513 269 (-16) .085 -51 -51 .006 .043 DJI fell directly 17%. ---------------------------------------------------------------------------------- 16 20110831 S9V 11613.53 .083 none 1.031 -.267 134 (+134) 134 -151 DJI fell directly to lower band. ---------------------------------------------------------------------------------- 17 20110711 S9V 15460.92 .032 .012 1.028 .268 258 (+217) -.044 -25 DJI rose to 15658.36 before falling to the lower band. ----------------------------------------------------------------------------------

Charts 5/21/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/21/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/521/BULLISH.htm                                   Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/521/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/21/18 IWM stll shows highest ITRS (+.040) and highest IP21 (.228 ) as well as GASL and OIL. Absent here are tech ETFs and stocks. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 249.94 2.94 247.31 13.5% Bullish BLUE .185 0 --------------------------------------------------------------------------------------------- COMPQX 7394.04 39.7 7351.63 -11.7% Bullish RED .115 -.008 --------------------------------------------------------------------------------------------- SPY 273.37 2.04 271.1 7.2% Bullish BLUE .214 -.005 --------------------------------------------------------------------------------------------- QQQ 168.4 .94 167.87 -40.1% Bullish RED .104 -.013 --------------------------------------------------------------------------------------------- MDY 357.34 3.47 351.41 71.9% Bullish BLUE .084 .021 --------------------------------------------------------------------------------------------- IWM 162.94 1.07 159.26 115.5% Bullish BLUE .228 .04 --------------------------------------------------------------------------------------------- FAS 68.28 1.5 68.02 -44.9% Bullish BLUE .127 -.089 --------------------------------------------------------------------------------------------- RETL 37.6 .37 36.27 204.3% Bullish BLUE .089 .079 --------------------------------------------------------------------------------------------- SOXL 157.84 4.78 155.4 -103% Bullish RED .153 -.177 --------------------------------------------------------------------------------------------- TECL 134.03 3.29 132.67 -96% Bullish RED .176 -.059 --------------------------------------------------------------------------------------------- IBB 106.38 -1.42 106.58 -60.5% Bullish RED .117 -.056 --------------------------------------------------------------------------------------------- GLD 122.48 .07 122.48 -81.8% Bearish BLUE .045 -.01 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .076 ^^^^ ^^^^ --------------------------------------------------------------------------------------------- OIH 29.51 .23 28.44 227% Bullish BLUE .092 .193 --------------------------------------------------------------------------------------------- GASL 25.95 1.26 23.42 569% Bullish BLUE .139 .404 ^^^^ ^^^^^ --------------------------------------------------------------------------------------------- UGA 36.03 .43 35.15 122.4% Bullish BLUE .138 .198 ^^^^ ^^^^^ --------------------------------------------------------------------------------------------- UUP 24.62 -.02 24.5 55% ---- ---- .116 .06 --------------------------------------------------------------------------------------------- IEF 100.82 .07 100.63 -18.4% Bearish BLUE -.136 .003 --------------------------------------------------------------------------------------------- XLU 49.24 .25 49.77 -96% Bearish BLUE -.069 .011 --------------------------------------------------------------------------------------------- WEAT 6.72 -.08 6.53 159.4% Bullish RED .234 .022 --------------------------------------------------------------------------------------------- YINN 35.41 .79 34.48 -134.8% Bullish RED .181 -.064 --------------------------------------------------------------------------------------------- RSX 21.63 .28 21.28 11.7% Bearish ---- .049 -.065 --------------------------------------------------------------------------------------------- AAPL 187.63 1.32 186.44 -13.9% Bullish RED .202 .057 --------------------------------------------------------------------------------------------- GOOG 1079.58 13.22 1079.23 -95.4% Bullish BLUE -.055 -.055 --------------------------------------------------------------------------------------------- MSFT 97.6 1.24 97.32 -22.2% ---- BLUE .128 .025 --------------------------------------------------------------------------------------------- AMZN 1585.46 11.09 1576.12 -50.8% Bearish BLUE -.046 .018 --------------------------------------------------------------------------------------------- FB 184.49 1.81 184.32 -58.4% Bullish BLUE .078 .01 --------------------------------------------------------------------------------------------- NVDA 244.24 -1.7 245.56 -224.1% Bullish RED .096 .01 --------------------------------------------------------------------------------------------- BA 363.92 12.69 342.12 280.5% Bullish BLUE .141 .041 --------------------------------------------------------------------------------------------- GS 237.7 .7 241.56 -129.1% Bearish RED -.25 -.108 --------------------------------------------------------------------------------------------- HD 189.79 2.37 187.98 -34.4% Bullish BLUE .251 .056 --------------------------------------------------------------------------------------------- CAT 158.92 3.21 152.59 118% ---- RED -.122 .019

Count of Stocks in Key Directories 20180521 ------------------------------- NEWHIGHS 410 Bullish NEWLOWS 53 MAXCP 113 MINCP 85 TTTNH 114 TTTNL 93 FASTUP 147 Bullish FASTDOWN 84 CPCROSSA 69 CPCROSSD 95 Bearish BIGVOLUP 3 BIGVODN 8

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180521 No. NHs Pct. =============================================================== MAXCP 113 93 82 % OILGAS 133 36 27 % COMODITY 56 12 21 % REGBANKS 33 7 21 % TRANSP 20 4 20 % EDU 7 1 14 % GAMING 28 4 14 % HOSPITAL 7 1 14 % CHEM 62 8 13 % HACKERS 24 3 13 % MILITARY 38 5 13 % RETAIL 53 7 13 % COAL 9 1 11 % FINANCE 91 10 11 % SOFTWARE 65 7 11 % NIFTY 29 3 10 % INDMATER 85 8 9 % INDEXES 195 18 9 % INSURANC 32 3 9 % RUS-1000 825 71 9 % FIDSTKS 189 16 8 % NASD-100 89 7 8 % SP-100 96 8 8 % AUTO 40 3 7 % GREEN 30 2 7 % ELECTRON 177 11 6 % INFRA 34 2 6 % SP500 481 31 6 % BEVERAGE 20 1 5 % BIOTECH 380 18 5 % REIT 173 8 5 % SEMI 129 7 5 % SOLAR 21 1 5 % COMPUTER 23 1 4 % CHINA 62 2 3 % DOWJONES 30 1 3 % BIG17 46 1 2 % GOLD 50 1 2 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180518 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 85 30 35 % ETFS 61 6 10 % UTILITY 42 4 10 % GAMING 28 2 7 % BONDFUND 111 7 6 % GOLD 50 3 6 % CHINA 62 3 5 % COMODITY 56 3 5 % AUTO 40 1 3 % BIOTECH 380 11 3 % GREEN 30 1 3 % NASD-100 89 2 2 % OILGAS 133 2 2 % SOFTWARE 65 1 2 % ELECTRON 177 2 1 % FIDSTKS 189 2 1 % FINANCE 91 1 1 % INDMATER 85 1 1 % INDEXES 195 1 1 % RUS-1000 825 8 1 % SEMI 129 1 1 % SP500 481 4 1 %

RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/21/18 Bullish = 35 Bearish = 9 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 1 1 .857 .714 .857 HOSPITAL .857 .857 .714 .714 .714 .714 OILGAS .849 .834 .857 .842 .834 .819 REGBANKS .818 .696 .757 .696 .666 .606 SOLAR .809 .809 .857 .857 .761 .857 COAL .777 .777 .777 .666 .666 .666 REIT .757 .682 .658 .682 .687 .797 GAMING .75 .75 .75 .75 .75 .75 GREEN .733 .633 .633 .666 .633 .7 PIPELINE .714 .571 .428 .428 .571 .571 HACKERS .708 .75 .708 .666 .708 .666 INFRA .705 .676 .647 .588 .588 .588 TRANSP .7 .65 .65 .65 .5 .5 RETAIL .698 .679 .698 .716 .66 .584 COMPUTER .695 .652 .695 .739 .695 .739 INDMATER .694 .682 .694 .647 .623 .6 NIFTY .689 .655 .689 .689 .689 .793 FOOD .666 .666 .555 .555 .555 .444 COMODITY .66 .589 .553 .589 .517 .589 INDEXES .656 .61 .635 .641 .63 .687 CHEM .645 .629 .645 .629 .58 .596 DOWJONES .633 .566 .6 .633 .6 .666 SP-100 .625 .541 .572 .614 .562 .635 RUS-1000 .623 .568 .57 .576 .551 .603 DJI-13 .615 .538 .538 .538 .538 .538 SOFTWARE .615 .646 .63 .6 .615 .615 SEMI .604 .558 .596 .581 .55 .565 FINANCE .593 .516 .549 .571 .56 .582 SP500 .588 .536 .548 .557 .519 .592 AUTO .575 .5 .475 .45 .4 .45 NASD-100 .573 .539 .561 .573 .539 .584 FIDSTKS .571 .513 .534 .544 .534 .56 MILITARY .552 .526 .5 .473 .473 .473 ELECTRON .548 .531 .559 .536 .514 .536 BIOTECH .534 .571 .555 .539 .526 .534 N=35 =============================================================================================== BIG17 .5 .565 .521 .543 .5 .478 GOLD .5 .42 .44 .42 .4 .56 GUNS .5 .5 .555 .611 .5 .555 ============================================================================================== CHINA .483 .419 .435 .532 .451 .548 HOMEBLDG .47 .235 .176 .176 .176 .411 INSURANC .437 .312 .312 .312 .281 .312 ETFS .426 .36 .426 .491 .409 .557 JETS .4 .4 .4 .4 .1 .1 BEVERAGE .35 .35 .35 .25 .3 .25 UTILITY .333 .357 .309 .357 .428 .571 BIGBANKS .285 .142 .428 .857 .857 .714 BONDFUND .225 .198 .171 .18 .171 .288 N=9

==============================================================================
     5/18/2018     As we guessed, the trade war with China has been postponed, delayed or
                           avoided.   That is sending up the blue chip DJI-30 up sharply overnight.  Boeing
                           should be taking off again.  Grains are strong on the news.  WEAT is favored
                           over CORN here because of its higher Accumulation and relative strength.  See
                           below how well our blue Closing Power change of direction called the reversal
                           several months ago.

                           I'm not so sure that this delay in tariffs comes as much of a surprise.  We will
                           see how real this news is by what happens after the big opening.  But for now,
                           expect more from IWM (Russell-2000).  It shows the highest IP21 (Accumulation)
                           and ITRS (Relative Strength) among the major market ETFs shown in Table 1. 
                           UCO and the lower priced oil stocks are not done with their moves and should all be held.

                           It's possible the DJI will now go back to 26000.  But we must now watch the
                           level of the V-I if the DJI closes at or above its 2.4% upper band, which is now
                           at 25000.  The V-I now stands at -43.  It is unlikely that the V-I will jump above zero.
                           That should produce a Peerless Sell S9-V if the DJI does reach 25000.  The other
                           limiting condition factor here is the speed upwards of the 21-day ma.  If AROC is
                           above .6475, a Sell S9-V would be avoided, but the annualized rate of change of
                           the 21-dma is now only .024.  It is important to see that a strong Advance Decline Line
                           will not avert a Sell S9v, though it may limit the size of the next decline.  The best
                           examples of  Sell S9vs occurred in 2011.  Compare the current DJI chart with its
                           charts then.  The first two did show the A/D Line making new highs.  In these cases,
                           the DJI's decline was limited.  In the third case, the A/D Line was also lagging and
                           the result was a 17% drop by the DJI.  See below...

2018                  A DJI close at 25000 is likley to bring a Sell S9-V.

2011 S9-V

Corn

Wheat

Charts 5/18/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/18/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/518/BULLISH.htm                                   Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/518/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/18/18 IWM stll shows highest ITRS (+.043) and highest IP21 (.183 ). ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 247 -.74 249.27 -31% ---- ---- .168 ---- --------------------------------------------------------------------------------------------- COMPQX 7354.34 -28.13 7411.31 -32.8% ---- RED .099 -.001 --------------------------------------------------------------------------------------------- SPY 271.33 -.68 272.98 -27.9% Bullish RED .163 -.002 --------------------------------------------------------------------------------------------- QQQ 167.46 -.87 169.75 -59.2% ---- RED .07 -.006 --------------------------------------------------------------------------------------------- MDY 353.87 -.71 352.26 14.3% Bullish RED .018 .022 --------------------------------------------------------------------------------------------- IWM 161.87 .21 159.23 63.4% Bullish RED .183 .043 --------------------------------------------------------------------------------------------- FAS 66.78 -1.05 68.89 -193.5% Bullish RED .107 -.062 --------------------------------------------------------------------------------------------- RETL 37.23 -1.01 36.08 335.1% Bullish RED .077 .106 --------------------------------------------------------------------------------------------- SOXL 153.06 -6.72 161.1 -61.2% Bullish RED .121 -.158 --------------------------------------------------------------------------------------------- TECL 130.74 -1.71 136.59 -221.8% ---- RED .134 -.036 --------------------------------------------------------------------------------------------- IBB 107.8 .21 107.68 56.9% Bullish BLUE .122 -.034 --------------------------------------------------------------------------------------------- GLD 122.41 .05 124.49 -105% Bearish BLUE -.031 -.015 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .07 --------------------------------------------------------------------------------------------- OIH 29.28 -.18 28.2 216.7% Bullish RED .078 .207 --------------------------------------------------------------------------------------------- GASL 24.69 -.79 23.2 491.6% Bullish RED .116 .401 --------------------------------------------------------------------------------------------- UGA 35.6 -.23 35.16 115.9% Bullish RED .138 .191 --------------------------------------------------------------------------------------------- UUP 24.64 .05 24.35 65.4% Bullish ---- .176 .054 --------------------------------------------------------------------------------------------- IEF 100.75 .39 101.19 -32.7% Bearish BLUE -.207 -.005 --------------------------------------------------------------------------------------------- XLU 48.99 .01 50.19 -139.7% Bearish RED -.113 .003 --------------------------------------------------------------------------------------------- WEAT 6.8 .24 6.51 168.1% Bullish BLUE .233 .009 --------------------------------------------------------------------------------------------- YINN 34.62 .18 36.36 -93.3% ---- RED .157 -.018 --------------------------------------------------------------------------------------------- RSX 21.35 -.01 21.58 -34.9% Bearish ---- .004 -.066 --------------------------------------------------------------------------------------------- AAPL 186.31 -.68 188.15 -60.7% Bullish RED .118 .062 --------------------------------------------------------------------------------------------- GOOG 1066.36 -12.23 1100.2 -146.7% Bullish BLUE -.084 -.044 --------------------------------------------------------------------------------------------- MSFT 96.36 .18 98.03 -68.9% ---- BLUE .11 .029 --------------------------------------------------------------------------------------------- AMZN 1574.37 -7.39 1601.54 -89.8% Bearish RED -.08 .023 --------------------------------------------------------------------------------------------- FB 182.68 -1.08 186.64 -116.5% Bullish RED .047 .01 --------------------------------------------------------------------------------------------- NVDA 245.94 -1.77 255.36 -171.9% Bullish RED .094 .028 --------------------------------------------------------------------------------------------- BA 351.23 7.09 344.59 127.9% ---- BLUE .099 .016 --------------------------------------------------------------------------------------------- GS 237 -2.1 243.91 -122.5% Bearish RED -.259 -.102 --------------------------------------------------------------------------------------------- HD 187.42 2.09 191.08 -76.8% Bullish BLUE .212 .062 --------------------------------------------------------------------------------------------- CAT 155.71 2.02 155.28 27.6% ---- BLUE -.1 .022

Count of Stocks in Key Directories 20180518 ------------------------------- NEWHIGHS 253 Bullish NEWLOWS 74 MAXCP 112 MINCP 95 TTTNH 113 TTTNL 102 FASTUP 168 Bullish FASTDOWN 69 CPCROSSA 39 CPCROSSD 73 BIGVOLUP 2 BIGVODN 15

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180518 No. NHs Pct. =============================================================== MAXCP 112 82 73 % CHEM 62 8 13 % OILGAS 133 17 13 % GAMING 28 3 11 % MILITARY 38 4 11 % TRANSP 20 2 10 % COMPUTER 23 2 9 % INDMATER 85 8 9 % BIOTECH 380 32 8 % RETAIL 53 4 8 % BIG17 46 3 7 % NIFTY 29 2 7 % INSURANC 32 2 6 % SOFTWARE 65 4 6 % BEVERAGE 20 1 5 % ELECTRON 177 8 5 % RUS-1000 825 39 5 % FIDSTKS 189 8 4 % FINANCE 91 4 4 % HACKERS 24 1 4 % INDEXES 195 7 4 % NASD-100 89 4 4 % AUTO 40 1 3 % CHINA 62 2 3 % REGBANKS 33 1 3 % REIT 174 6 3 % SP-100 96 3 3 % SP500 481 16 3 % COMODITY 56 1 2 % GOLD 50 1 2 % SEMI 129 2 2 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180518 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 95 31 33 % UTILITY 42 6 14 % BEVERAGE 20 2 10 % ETFS 61 5 8 % GOLD 50 4 8 % BONDFUND 111 8 7 % GAMING 28 2 7 % HACKERS 24 1 4 % NASD-100 89 4 4 % AUTO 40 1 3 % FIDSTKS 189 6 3 % GREEN 30 1 3 % INFRA 34 1 3 % SOFTWARE 65 2 3 % BIOTECH 380 7 2 % INDMATER 85 2 2 % SEMI 129 3 2 % ELECTRON 177 2 1 % FINANCE 91 1 1 % INDEXES 195 1 1 % OILGAS 133 1 1 % REIT 174 2 1 % RUS-1000 825 12 1 % SP-100 96 1 1 % SP500 481 6 1 %

Table 1 QUICKSILVER on ETFS - 05/18/18 IWM stll shows highest ITRS (+.043) and highest IP21 (.183 ). ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 247 -.74 249.27 -31% ---- ---- .168 ---- --------------------------------------------------------------------------------------------- COMPQX 7354.34 -28.13 7411.31 -32.8% ---- RED .099 -.001 --------------------------------------------------------------------------------------------- SPY 271.33 -.68 272.98 -27.9% Bullish RED .163 -.002 --------------------------------------------------------------------------------------------- QQQ 167.46 -.87 169.75 -59.2% ---- RED .07 -.006 --------------------------------------------------------------------------------------------- MDY 353.87 -.71 352.26 14.3% Bullish RED .018 .022 --------------------------------------------------------------------------------------------- IWM 161.87 .21 159.23 63.4% Bullish RED .183 .043 --------------------------------------------------------------------------------------------- FAS 66.78 -1.05 68.89 -193.5% Bullish RED .107 -.062 --------------------------------------------------------------------------------------------- RETL 37.23 -1.01 36.08 335.1% Bullish RED .077 .106 --------------------------------------------------------------------------------------------- SOXL 153.06 -6.72 161.1 -61.2% Bullish RED .121 -.158 --------------------------------------------------------------------------------------------- TECL 130.74 -1.71 136.59 -221.8% ---- RED .134 -.036 --------------------------------------------------------------------------------------------- IBB 107.8 .21 107.68 56.9% Bullish BLUE .122 -.034 --------------------------------------------------------------------------------------------- GLD 122.41 .05 124.49 -105% Bearish BLUE -.031 -.015 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .07 --------------------------------------------------------------------------------------------- OIH 29.28 -.18 28.2 216.7% Bullish RED .078 .207 --------------------------------------------------------------------------------------------- GASL 24.69 -.79 23.2 491.6% Bullish RED .116 .401 --------------------------------------------------------------------------------------------- UGA 35.6 -.23 35.16 115.9% Bullish RED .138 .191 --------------------------------------------------------------------------------------------- UUP 24.64 .05 24.35 65.4% Bullish ---- .176 .054 --------------------------------------------------------------------------------------------- IEF 100.75 .39 101.19 -32.7% Bearish BLUE -.207 -.005 --------------------------------------------------------------------------------------------- XLU 48.99 .01 50.19 -139.7% Bearish RED -.113 .003 --------------------------------------------------------------------------------------------- WEAT 6.8 .24 6.51 168.1% Bullish BLUE .233 .009 --------------------------------------------------------------------------------------------- YINN 34.62 .18 36.36 -93.3% ---- RED .157 -.018 --------------------------------------------------------------------------------------------- RSX 21.35 -.01 21.58 -34.9% Bearish ---- .004 -.066 --------------------------------------------------------------------------------------------- AAPL 186.31 -.68 188.15 -60.7% Bullish RED .118 .062 --------------------------------------------------------------------------------------------- GOOG 1066.36 -12.23 1100.2 -146.7% Bullish BLUE -.084 -.044 --------------------------------------------------------------------------------------------- MSFT 96.36 .18 98.03 -68.9% ---- BLUE .11 .029 --------------------------------------------------------------------------------------------- AMZN 1574.37 -7.39 1601.54 -89.8% Bearish RED -.08 .023 --------------------------------------------------------------------------------------------- FB 182.68 -1.08 186.64 -116.5% Bullish RED .047 .01 --------------------------------------------------------------------------------------------- NVDA 245.94 -1.77 255.36 -171.9% Bullish RED .094 .028 --------------------------------------------------------------------------------------------- BA 351.23 7.09 344.59 127.9% ---- BLUE .099 .016 --------------------------------------------------------------------------------------------- GS 237 -2.1 243.91 -122.5% Bearish RED -.259 -.102 --------------------------------------------------------------------------------------------- HD 187.42 2.09 191.08 -76.8% Bullish BLUE .212 .062 --------------------------------------------------------------------------------------------- CAT 155.71 2.02 155.28 27.6% ---- BLUE -.1 .022

==============================================================================
     5/17/2018      I take the operative Peerless signal to be a Buy B9 based on the continued
                           strength in the NYSE A/D Line.  Bullishly, though the DJI fell 55,  there were
                           246 more up than down.  Our favorites, IWM (Russell-2000) and UCO
                           (3x leveraged Crude Oil) were again strong.  You can see how Crude Oil's
                           strength in boosting prospects for refiners, drillers and oil service companies.
                           These are the sectors we should be in, I believe.  Based on classic chart theory,
                           we can predict IWM moving up past 172 and UCO up to 40.  So, there is
                           still ample room for more profits there.  The DJI, SP-500 and QQQ are
                           hobbled by overhead resistance but are not likely to decline much until
                           Peerless gives a new Sell signal, something that cannot easily happen until
                           the DJI moves up past 25100.

Charts 5/17/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/17/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/517/BULLISH.htm                                 Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/517/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/17/18 Traders may want to watch the Pivot-Points and sell when the 5-dma turns down as the close drops below the pivot-point. IWM stll shows highest ITRS (+.033) and second highest IP21. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 247.74 -.23 248.54 5.6% ---- RED .166 ---- --------------------------------------------------------------------------------------------- COMPQX 7382.47 -15.83 7402.88 -15.2% ---- BLUE .119 0 --------------------------------------------------------------------------------------------- SPY 272.01 -.23 272.85 -.2% ---- BLUE .177 -.001 --------------------------------------------------------------------------------------------- QQQ 168.33 -.65 169.46 -38.1% ---- RED .073 -.002 --------------------------------------------------------------------------------------------- MDY 354.58 .73 352.86 28.8% Bullish BLUE .041 .015 --------------------------------------------------------------------------------------------- IWM 161.66 .74 159.84 66.7% Bullish BLUE .175 .033 --------------------------------------------------------------------------------------------- FAS 67.83 -.3 69.43 -122.1% Bullish RED .156 -.047 --------------------------------------------------------------------------------------------- RETL 38.24 .05 34.77 576.9% Bullish RED .076 .072 --------------------------------------------------------------------------------------------- SOXL 159.78 -1.89 155 31.3% Bullish RED .038 -.125 --------------------------------------------------------------------------------------------- TECL 132.45 -2.04 136.71 -178.2% ---- RED .132 -.019 --------------------------------------------------------------------------------------------- IBB 107.59 .06 106.58 181.4% Bullish BLUE .08 -.036 --------------------------------------------------------------------------------------------- GLD 122.36 .07 125 -113.8% Bearish BLUE -.027 -.025 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .063 --------------------------------------------------------------------------------------------- OIH 29.46 .56 28.04 227.5% Bullish BLUE .095 .214 --------------------------------------------------------------------------------------------- GASL 25.48 1.44 22.36 534.4% Bullish BLUE .085 .427 --------------------------------------------------------------------------------------------- UGA 35.83 -.09 34.78 130.7% Bullish RED .252 .164 --------------------------------------------------------------------------------------------- UUP 24.59 .03 24.32 47.1% Bullish ---- .189 .051 --------------------------------------------------------------------------------------------- IEF 100.36 -.06 101.41 -51.5% Bearish RED -.224 -.014 --------------------------------------------------------------------------------------------- XLU 48.98 -.4 50.38 -133% Bearish RED -.088 .003 --------------------------------------------------------------------------------------------- WEAT 6.56 .03 6.58 -99% Bullish ---- .182 -.031 --------------------------------------------------------------------------------------------- YINN 34.44 -1.81 35.28 -86% ---- RED .126 -.019 --------------------------------------------------------------------------------------------- RSX 21.36 -.32 21.5 -72% Bearish RED .019 -.07 --------------------------------------------------------------------------------------------- AAPL 186.99 -1.19 188.59 -81% Bullish RED .092 .07 --------------------------------------------------------------------------------------------- GOOG 1078.59 -3.18 1098.26 -87% Bullish RED -.07 -.026 --------------------------------------------------------------------------------------------- MSFT 96.18 -.97 97.7 -88.6% ---- RED .113 .026 --------------------------------------------------------------------------------------------- AMZN 1581.76 -5.52 1602.91 -85.6% Bearish BLUE -.047 .025 --------------------------------------------------------------------------------------------- FB 183.76 .56 186.99 -47.8% Bullish BLUE .105 .002 --------------------------------------------------------------------------------------------- NVDA 247.71 1.7 254.53 -246.1% Bullish BLUE .123 .026 --------------------------------------------------------------------------------------------- BA 344.14 3.17 342.46 1% ---- BLUE .072 -.007 --------------------------------------------------------------------------------------------- GS 239.1 -1.86 242.92 -89.5% Bearish RED -.229 -.097 --------------------------------------------------------------------------------------------- HD 185.33 -1.05 190.31 -48.5% Bullish RED .176 .039 --------------------------------------------------------------------------------------------- CAT 153.69 -.11 154.86 -9.1% ---- ---- -.091 .016

Table 2 Count of Stocks in Key Directories 20180517 ------------------------------- NEWHIGHS 374 NEWLOWS 90 MAXCP 152 MINCP 107 TTTNH 172 TTTNL 115 FASTUP 205 FASTDOWN 94 CPCROSSA 30 CPCROSSD 74 BIGVOLUP 7 BIGVODN 12

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180517 No. NHs Pct. =============================================================== MAXCP 152 112 74 % HOSPITAL 7 2 29 % OILGAS 133 34 26 % REGBANKS 33 8 24 % GAMING 28 5 18 % RETAIL 53 8 15 % TRANSP 20 3 15 % ------------------------------------------------------ COMODITY 56 8 14 % FINANCE 91 11 12 % INDMATER 85 10 12 % CHEM 62 7 11 % COAL 9 1 11 % INDEXES 195 22 11 % BEVERAGE 20 2 10 % BIG17 48 5 10 % INFRA 34 3 9 % HACKERS 24 2 8 % MILITARY 38 3 8 % SOFTWARE 65 5 8 % BIOTECH 379 26 7 % FIDSTKS 189 13 7 % NIFTY 29 2 7 % RUS-1000 825 59 7 % ELECTRON 177 11 6 % SP-100 96 6 6 % SP500 481 28 6 % SEMI 129 6 5 % COMPUTER 23 1 4 % NASD-100 89 4 4 % AUTO 40 1 3 % CHINA 62 2 3 % GREEN 30 1 3 % INSURANC 32 1 3 % GOLD 50 1 2 % REIT 176 2 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180517 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 107 37 35 % BONDFUND 111 22 20 % UTILITY 42 6 14 % GOLD 50 5 10 % BEVERAGE 20 1 5 % COMODITY 56 3 5 % ETFS 61 3 5 % INDMATER 85 4 5 % GAMING 28 1 4 % GREEN 30 1 3 % MILITARY 38 1 3 % REIT 176 6 3 % BIOTECH 379 9 2 % CHEM 62 1 2 % CHINA 62 1 2 % NASD-100 89 2 2 % OILGAS 133 3 2 % SEMI 129 3 2 % SOFTWARE 65 1 2 % ELECTRON 177 2 1 % FIDSTKS 189 2 1 % FINANCE 91 1 1 % INDEXES 195 1 1 % RUS-1000 825 10 1 % SP500 481 7 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/17/18 Bullish = 32 Bearish = 14 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 .857 .714 .857 .857 1 OILGAS .857 .842 .834 .819 .796 .804 SOLAR .857 .857 .761 .857 .857 .904 COAL .777 .666 .666 .666 .666 .555 REGBANKS .757 .696 .666 .606 .606 .606 GAMING .75 .75 .75 .75 .714 .607 HOSPITAL .714 .714 .714 .714 .714 .714 HACKERS .708 .666 .708 .708 .75 .791 RETAIL .698 .716 .66 .603 .528 .49 COMPUTER .695 .739 .695 .739 .739 .782 INDMATER .694 .647 .623 .6 .611 .6 NIFTY .689 .689 .689 .793 .724 .758 REIT .653 .676 .681 .789 .852 .869 TRANSP .65 .65 .5 .5 .55 .5 INFRA .647 .588 .588 .588 .588 .558 CHEM .645 .629 .58 .596 .564 .564 INDEXES .641 .641 .63 .692 .676 .641 GREEN .633 .666 .633 .7 .666 .7 SOFTWARE .63 .6 .615 .63 .646 .723 DOWJONES .6 .633 .6 .666 .633 .566 SEMI .596 .581 .55 .565 .519 .55 SP-100 .572 .614 .562 .635 .593 .583 RUS-1000 .57 .576 .551 .604 .608 .603 NASD-100 .561 .573 .539 .584 .584 .606 ELECTRON .559 .536 .514 .531 .508 .536 BIOTECH .556 .54 .527 .538 .498 .443 FOOD .555 .555 .555 .555 .555 .666 GUNS .555 .611 .5 .555 .611 .555 COMODITY .553 .589 .517 .607 .642 .678 FINANCE .549 .571 .56 .582 .593 .582 SP500 .548 .557 .519 .592 .58 .567 BIG17 .541 .562 .52 .5 .437 .437 DJI-13 .538 .538 .538 .538 .538 .538 FIDSTKS .534 .544 .534 .56 .566 .544 N=34 =========================================================================================== MILITARY .5 .473 .473 .473 .473 .473 =========================================================================================== AUTO .475 .45 .4 .45 .375 .35 GOLD .44 .42 .4 .56 .64 .64 CHINA .435 .532 .451 .564 .532 .532 BIGBANKS .428 .857 .857 .714 .714 .714 PIPELINE .428 .428 .571 .571 .571 .428 ETFS .426 .491 .409 .557 .524 .475 JETS .4 .4 .1 .1 .2 .2 BEVERAGE .35 .25 .3 .25 .3 .35 INSURANC .312 .312 .281 .343 .343 .343 UTILITY .309 .357 .428 .571 .595 .571 HOMEBLDG .176 .176 .176 .411 .411 .352 BONDFUND .171 .18 .171 .288 .324 .315 N=12

==============================================================================
     5/16/2018      My Peerless DJI chart still shows a Buy B9 to be the last signal.  Friday's Sell S15
                           was not allowed because the NYSE A/D Line is considered too strong.  But a Sell
                           S9-V could occur Thursday if the DJI were to close at 25098 on the same internals as
                           we saw to today.   So, there are about 330 points of DJI head-room.  That's not
                           enough to make it attractive to buy.  But without a Peerless Sell, I would not short it. 
                           More backing and filling by the DJI would give us a nice chance to make money
                           elsewhere.

                           Our IWM did achieve a breakout above its flat resistance and could still go higher.
                           Hold it.  This is now a market for smaller stocks and Oil stocks. That condition could
                           last a lot longer than most think likely. It has been many years since many of these
                           stocks got attention.  Interest rates are not high enough to cause them problems.   Meanwhile,
                           they may use their higher profits from much lower taxation to actually build up their
                           companies for future growth instead of just buying shares of their own stock.
                          

                                                           Look for Still Higher Oil Prices.

                           The low priced oil stocks recommended may have just begun their moves.  If Crude
                           Oil keeps rising, they would seem to have no choice but to rise a lot more.  Oil's momentum
                           and high Accumulation look very bullish.  Aggressive traders should buy more of the oil stocks
                           mentioned here.  As for the leveraged UCO (below), we have already recommended it
                           recently.   Buy more if it pulls back to its 21-day.  There it should find lots of eager buyers.



                                                


                                                      Chinese Stocks Are Going To Get The Fever!                           

                          I suspect that there will not be anything like a trade war with China.   There is
                           way too much advantage in mutual cooperation.  This may explain the impressive
                           flat-topped breakout made by BIDU today.  

Charts 5/15/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/16/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/516/BULLISH.htm                               Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/516/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/16/18 Traders may want to watch the Pivot-Points and sell when the 5-dma turns down as the close drops below the pivot-point. IWM stll shows highest ITRS (+.039) and second highest IP21. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 247.97 .66 247.46 51.9% ---- BLUE .145 ---- --------------------------------------------------------------------------------------------- COMPQX 7398.3 46.67 7404.97 39.5% ---- BLUE .122 .007 --------------------------------------------------------------------------------------------- SPY 272.24 1.14 272.02 50.4% ---- BLUE .173 .001 --------------------------------------------------------------------------------------------- QQQ 168.98 1.11 169.62 32.6% ---- BLUE .093 .006 --------------------------------------------------------------------------------------------- MDY 353.85 2.44 352.55 55.4% Bullish BLUE .029 .017 --------------------------------------------------------------------------------------------- IWM 160.92 1.66 159.53 70.3% Bullish BLUE .132 .039 --------------------------------------------------------------------------------------------- FAS 68.13 .11 69.51 13.8% Bullish BLUE .111 -.039 --------------------------------------------------------------------------------------------- RETL 38.19 1.92 34.1 592% Bullish BLUE .061 .031 --------------------------------------------------------------------------------------------- SOXL 161.67 6.27 158.79 349.9% ---- BLUE .049 -.106 --------------------------------------------------------------------------------------------- TECL 134.49 1.82 137.28 89.2% ---- BLUE .153 .015 --------------------------------------------------------------------------------------------- IBB 107.53 .95 103.73 177% Bullish BLUE .029 -.029 --------------------------------------------------------------------------------------------- GLD 122.29 -.19 125.18 -82.1% Bearish RED -.101 -.03 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .065 --------------------------------------------------------------------------------------------- OIH 28.9 .46 28.17 136.5% Bullish BLUE .104 .183 --------------------------------------------------------------------------------------------- GASL 24.04 .62 23 252.5% Bullish BLUE .04 .309 --------------------------------------------------------------------------------------------- UGA 35.92 .77 34.91 186.1% Bullish BLUE .422 .164 --------------------------------------------------------------------------------------------- UUP 24.56 .06 24.36 18.4% Bullish ---- .204 .051 --------------------------------------------------------------------------------------------- IEF 100.42 -.21 101.4 -38.1% Bearish RED -.236 -.011 --------------------------------------------------------------------------------------------- XLU 49.38 -.39 50.31 -23% Bearish RED -.108 .006 --------------------------------------------------------------------------------------------- WEAT 6.53 0 6.69 -151.3% Bullish ---- .232 -.045 --------------------------------------------------------------------------------------------- YINN 36.25 1.77 35.05 354.4% Bullish BLUE .158 .028 --------------------------------------------------------------------------------------------- RSX 21.68 .4 21.67 130.7% Bearish BLUE .092 -.06 --------------------------------------------------------------------------------------------- AAPL 188.18 1.74 190.04 21.8% Bullish BLUE .103 .069 --------------------------------------------------------------------------------------------- GOOG 1081.77 2.54 1097.57 -4.5% Bullish BLUE -.061 -.009 --------------------------------------------------------------------------------------------- MSFT 97.15 -.17 97.91 10.8% ---- RED .147 .045 --------------------------------------------------------------------------------------------- AMZN 1587.28 11.16 1609.08 -64.8% Bearish BLUE -.013 .036 --------------------------------------------------------------------------------------------- FB 183.2 -1.12 185.53 14.6% Bullish RED .066 .023 --------------------------------------------------------------------------------------------- NVDA 246.01 .45 260.13 -192.1% Bullish BLUE .139 .019 --------------------------------------------------------------------------------------------- BA 340.97 -1.15 344.07 -51.4% ---- RED .068 -.019 --------------------------------------------------------------------------------------------- GS 240.96 -.6 243.44 -15.9% Bearish RED -.21 -.094 --------------------------------------------------------------------------------------------- HD 186.38 -1.6 187.16 .5% Bullish RED .244 .03 --------------------------------------------------------------------------------------------- CAT 153.8 1.21 153.97 38.7% ---- BLUE -.083 .004

Table 2 Count of Stocks in Key Directories 20180516 ------------------------------- NEWHIGHS 305 Bulliah NEWLOWS 78 MAXCP 143 Bullish MINCP 83 TTTNH 147 Bullish TTTNL 91 FASTUP 180 Bullish FASTDOWN 105 CPCROSSA 57 CPCROSSD 43 BIGVOLUP 6 Rising... BIGVODN 7

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180516 No. NHs Pct. =============================================================== MAXCP 143 94 66 % GAMING 28 7 25 % COMODITY 57 10 18 % REGBANKS 33 6 18 % COMPUTER 23 4 17 % RETAIL 53 9 17 % OILGAS 134 21 16 % ---------------------------------------------------- HOSPITAL 7 1 14 % INDMATER 85 9 11 % INFRA 35 4 11 % NIFTY 29 3 10 % SOLAR 21 2 10 % TRANSP 20 2 10 % FINANCE 91 8 9 % INDEXES 195 17 9 % SOFTWARE 65 6 9 % CHEM 62 5 8 % BIOTECH 380 27 7 % GREEN 30 2 7 % NASD-100 89 6 7 % CHINA 62 4 6 % ELECTRON 177 10 6 % RUS-1000 825 51 6 % BEVERAGE 20 1 5 % SEMI 129 7 5 % BIG17 46 2 4 % FIDSTKS 189 8 4 % GOLD 50 2 4 % HACKERS 24 1 4 % SP500 481 20 4 % AUTO 39 1 3 % DOWJONES 30 1 3 % INSURANC 32 1 3 % MILITARY 38 1 3 % SP-100 96 3 3 % REIT 176 3 2 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180516 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 83 21 25 % BONDFUND 111 17 15 % BEVERAGE 20 2 10 % GOLD 50 5 10 % UTILITY 42 4 10 % COMODITY 57 3 5 % HACKERS 24 1 4 % DOWJONES 30 1 3 % FIDSTKS 189 5 3 % GREEN 30 1 3 % INSURANC 32 1 3 % MILITARY 38 1 3 % REIT 176 5 3 % SOFTWARE 65 2 3 % BIOTECH 380 8 2 % INDMATER 85 2 2 % NASD-100 89 2 2 % OILGAS 134 3 2 % SEMI 129 3 2 % ELECTRON 177 2 1 % FINANCE 91 1 1 % RUS-1000 825 11 1 % SP-100 96 1 1 % SP500 481 5 1 %   Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/16/18 Bullish = 36 Bearish = 11 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- BIGBANKS .857 .857 .714 .714 .714 .428 EDU .857 .714 .857 .857 1 1 SOLAR .857 .761 .857 .857 .904 .714 OILGAS .843 .835 .82 .798 .805 .783 GAMING .75 .75 .75 .714 .607 .571 COMPUTER .739 .695 .739 .739 .782 .782 RETAIL .716 .66 .603 .528 .49 .49 HOSPITAL .714 .714 .714 .714 .714 .714 REGBANKS .696 .666 .606 .606 .606 .606 NIFTY .689 .689 .793 .724 .758 .655 REIT .676 .681 .789 .852 .869 .835 COAL .666 .666 .666 .666 .555 .555 GREEN .666 .633 .7 .666 .7 .7 HACKERS .666 .708 .708 .75 .791 .875 TRANSP .65 .5 .5 .55 .5 .55 INDMATER .647 .623 .6 .611 .6 .576 INDEXES .641 .63 .692 .676 .641 .569 DOWJONES .633 .6 .666 .633 .566 .566 CHEM .629 .58 .596 .564 .564 .532 SP-100 .614 .562 .635 .593 .583 .51 GUNS .611 .5 .555 .611 .555 .5 INFRA .6 .6 .6 .6 .571 .514 SOFTWARE .6 .615 .63 .646 .723 .723 SEMI .581 .55 .565 .519 .558 .503 COMODITY .578 .508 .596 .631 .666 .561 RUS-1000 .576 .551 .604 .608 .601 .546 NASD-100 .573 .539 .584 .584 .606 .528 FINANCE .571 .56 .582 .593 .571 .461 SP500 .557 .519 .592 .58 .565 .488 FOOD .555 .555 .555 .555 .666 .555 FIDSTKS .544 .534 .56 .566 .544 .486 BIG17 .543 .5 .478 .434 .413 .413 BIOTECH .539 .526 .536 .497 .442 .463 DJI-13 .538 .538 .538 .538 .538 .538 ELECTRON .536 .514 .531 .508 .542 .502 CHINA .532 .451 .564 .532 .532 .451 N=36 ============================================================================================= ETFS .491 .409 .557 .524 .475 .393 MILITARY .473 .473 .473 .473 .473 .473 AUTO .435 .384 .435 .358 .333 .307 PIPELINE .428 .571 .571 .571 .428 .428 GOLD .42 .4 .56 .64 .64 .54 JETS .4 .1 .1 .2 .2 .2 UTILITY .357 .428 .571 .595 .571 .476 INSURANC .312 .281 .343 .343 .343 .312 BEVERAGE .25 .3 .25 .3 .35 .35 BONDFUND .18 .171 .288 .324 .306 .225 HOMEBLDG .176 .176 .411 .411 .352 .352 N=11

==============================================================================
     5/15/2018      My Peerless Peerless still shows a Buy B9 to be the last signal.   But a DJI move
                            to 25000 could well bring a Peerless Sell S9-V.  That would make the fourth
                            Sell S9 in a short span of time.  In 1929, 1972-1973, 1987 and 2000 a series
                            of four S9s proved remarkably bearish.  So, a quick and narrow jump back to
                            25000 would likely be quite bearish.  Is the risk: reward ratio still low enough to
                            commit new money to the market?  No.  Well, then, should we go short?   Remember
                            how in 2001 the DJI rallied an additional 5% rise following an S15 with a strong
                            A/D Line, like now. So, let wait to go short the major market ETFs.

                            Traders should probably watch the points where the 5-day ma will turn down. 
                            This is represented by our 5-dma pivot-points.  Sell your ETFs if they close below
                            these points.   Even more bearish for the DJI would be a close below its 65-dma, now at
                            24554.   At that point, I would have to admit that I should have simply accepted the
                            Sell S15 of last Friday and not be overly troubled by the rising A/D Line.


                           
                            It might be that we should have simply taken Friday's Sell S15 as given and not
                            raised questions about the fact that the A/D Line made a new high and the P-I
                            was above +280 on that day.  But that was not my conclusion on Sunday night. 
                            In keeping with that, it still may turn out that today's 200-point DJI decline will
                            prove simply to be nothing more that normal profit-taking after 8 straight days up.
                            And in fairness, it has been only IWM among the major market ETFs  that I
                            wanted us to buy based on the Buy B9 and IWM actually rose today.  So another
                            attempt by it to overcome the flat resistace just overhead there seems likely. 
                            IWM has the highest ITRS (Relative Strength among the major market ETFs).. 

                            Oil prices also rose yet again. Interest rates jumped.  I would buy WEAT and
                            CANE.   Hold IWM, some bullish MAXCPs and oil stocks.  Selectively shorting
                            the bearish MINCPs should also work out, too.

Charts 5/15/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:   CANE    JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/15/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/515/BULLISH.htm                            Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/515/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/15/18 Traders may want to watch the Pivot-Points and sell when the 5-dma turns down as the close drops below the pivot-point. IWM stll shows highest ITRS (+.123) and second highest IP21. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 247.31 -1.96 245.4 78.8% ---- RED .123 ----- --------------------------------------------------------------------------------------------- COMPQX 7351.63 -59.68 7339.91 57.5% ---- RED .127 .009 --------------------------------------------------------------------------------------------- SPY 271.1 -1.88 269.5 77.2% ---- RED .174 .002 --------------------------------------------------------------------------------------------- QQQ 167.87 -1.88 167.88 53.4% ---- RED .11 .006 --------------------------------------------------------------------------------------------- MDY 351.41 -.85 349.95 45.3% Bullish BLUE .019 .024 --------------------------------------------------------------------------------------------- IWM 159.26 .03 158.68 45% Bullish BLUE .123 .042 (second highest) (highest) --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- FAS 68.02 -.87 67.94 174.3% Bullish RED .077 -.027 --------------------------------------------------------------------------------------------- RETL 36.27 .19 34.04 475.3% Bullish BLUE .029 .02 --------------------------------------------------------------------------------------------- SOXL 155.4 -5.7 150.74 353.8% ---- RED .05 -.099 --------------------------------------------------------------------------------------------- TECL 132.67 -3.92 132.08 197.4% Bullish RED .167 .011 --------------------------------------------------------------------------------------------- IBB 106.58 -1.1 103.79 198.9% Bullish RED .038 -.032 --------------------------------------------------------------------------------------------- GLD 122.48 -2.01 124.33 -84.6% Bearish RED -.069 -.015 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .068 --------------------------------------------------------------------------------------------- OIH 28.44 .24 28.13 151.6% Bullish BLUE .092 .17 --------------------------------------------------------------------------------------------- GASL 23.42 .22 22.88 344.2% Bullish BLUE .038 .234 --------------------------------------------------------------------------------------------- UGA 35.15 -.01 34.62 184.6% Bullish BLUE .387 .138 --------------------------------------------------------------------------------------------- UUP 24.5 .15 24.47 6.1% Bullish ---- .208 .048 --------------------------------------------------------------------------------------------- IEF 100.63 -.56 101.19 -39% Bearish RED -.17 -.007 --------------------------------------------------------------------------------------------- XLU 49.77 -.42 49.61 -19% Bearish RED -.063 .003 --------------------------------------------------------------------------------------------- WEAT 6.53 .02 6.73 -202.6% Bullish ---- .229 -.046 --------------------------------------------------------------------------------------------- YINN 34.48 -1.88 33.77 245.3% Bullish RED .173 0 --------------------------------------------------------------------------------------------- RSX 21.28 -.3 21.12 46.8% Bearish RED .102 -.089 --------------------------------------------------------------------------------------------- AAPL 186.44 -1.71 187.36 10.4% Bullish RED .098 .061 --------------------------------------------------------------------------------------------- GOOG 1079.23 -20.97 1082.76 116.5% Bullish RED -.011 -.005 --------------------------------------------------------------------------------------------- MSFT 97.32 -.71 96.94 77.6% ---- RED .154 .045 --------------------------------------------------------------------------------------------- AMZN 1576.12 -25.42 1608 -50.8% Bearish RED .023 .041 --------------------------------------------------------------------------------------------- FB 184.32 -2.32 182.66 146.6% Bullish RED .11 .028 --------------------------------------------------------------------------------------------- NVDA 245.56 -9.8 255.78 -94.8% Bullish RED .163 .048 --------------------------------------------------------------------------------------------- BA 342.12 -2.47 344.5 54.7% ---- RED .082 -.024 --------------------------------------------------------------------------------------------- GS 241.56 -2.35 241.73 94.3% Bearish RED -.278 -.076 --------------------------------------------------------------------------------------------- HD 187.98 -3.1 186.36 78.2% Bullish RED .276 .04 --------------------------------------------------------------------------------------------- CAT 152.59 -2.69 152.61 86.7% ---- RED -.126 .016

Table 2 Count of Stocks in Key Directories 20180515 ------------------------------- NEWHIGHS 187 Bullish NEWLOWS 104 MAXCP 95 MINCP 118 Slightly more bearish are Professionals TTTNH 95 TTTNL 146 Day Traders are bearish. FASTUP 199 Swing Traders are bullish. FASTDOWN 125 CPCROSSA 59 CPCROSSD 105 BIGVOLUP 3 BIGVODN 8

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180515 No. NHs Pct. =============================================================== MAXCP 95 59 62 % GAMING 28 5 18 % HOSPITAL 7 1 14 % COMODITY 56 7 13 % RETAIL 53 7 13 % OILGAS 134 16 12 % COMPUTER 23 2 9 % HACKERS 24 2 8 % BIOTECH 380 22 6 % REGBANKS 33 2 6 % BEVERAGE 20 1 5 % CHINA 62 3 5 % ELECTRON 177 8 5 % INDEXES 195 10 5 % SOFTWARE 65 3 5 % SOLAR 21 1 5 % BIG17 46 2 4 % FINANCE 91 4 4 % NASD-100 89 4 4 % RUS-1000 825 36 4 % CHEM 62 2 3 % FIDSTKS 189 6 3 % GREEN 30 1 3 % INFRA 35 1 3 % MILITARY 38 1 3 % NIFTY 30 1 3 % SEMI 129 4 3 % SP-100 96 3 3 % SP500 481 16 3 % INDMATER 85 2 2 % REIT 176 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180515 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 118 32 27 % BEVERAGE 20 3 15 % BONDFUND 111 14 13 % UTILITY 42 4 10 % SOFTWARE 65 5 8 % GREEN 30 2 7 % GOLD 50 3 6 % CHEM 62 3 5 % ETFS 61 3 5 % COMODITY 56 2 4 % GAMING 28 1 4 % HACKERS 24 1 4 % INDMATER 85 3 4 % NASD-100 89 4 4 % SP-100 96 4 4 % AUTO 40 1 3 % DOWJONES 30 1 3 % FIDSTKS 189 6 3 % INFRA 35 1 3 % INSURANC 32 1 3 % MILITARY 38 1 3 % REIT 176 6 3 % BIOTECH 380 6 2 % RUS-1000 825 18 2 % SP500 481 10 2 % ELECTRON 177 2 1 % FINANCE 91 1 1 % INDEXES 195 1 1 % OILGAS 134 2 1 % SEMI 129 1 1 % MAXCP 95 1 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/15/18 Bullish = 33 Bearish = 14 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- BIGBANKS .857 .714 .714 .714 .285 .142 OILGAS .835 .82 .798 .805 .783 .791 SOLAR .761 .857 .857 .904 .714 .571 GAMING .75 .75 .714 .607 .571 .571 EDU .714 .857 .857 1 1 1 HOSPITAL .714 .714 .714 .714 .714 .571 HACKERS .708 .708 .75 .791 .875 .791 NIFTY .7 .8 .733 .766 .666 .6 COMPUTER .695 .739 .739 .782 .782 .652 REIT .681 .789 .852 .869 .829 .801 COAL .666 .666 .666 .555 .555 .555 REGBANKS .666 .606 .606 .606 .606 .606 RETAIL .66 .603 .528 .49 .49 .452 GREEN .633 .7 .666 .7 .7 .6 INDEXES .63 .692 .676 .641 .569 .497 INDMATER .623 .6 .611 .6 .576 .529 SOFTWARE .615 .63 .646 .723 .723 .707 DOWJONES .6 .666 .633 .566 .566 .466 INFRA .6 .6 .6 .571 .514 .542 CHEM .58 .596 .564 .564 .532 .516 PIPELINE .571 .571 .571 .428 .428 .428 SP-100 .562 .635 .593 .583 .5 .447 FINANCE .56 .582 .593 .571 .45 .428 FOOD .555 .555 .555 .666 .555 .666 RUS-1000 .551 .604 .608 .601 .55 .523 SEMI .55 .565 .519 .558 .511 .434 NASD-100 .539 .584 .584 .606 .528 .46 DJI-13 .538 .538 .538 .538 .538 .384 FIDSTKS .534 .56 .566 .544 .481 .417 BIOTECH .528 .539 .5 .444 .465 .418 SP500 .519 .592 .58 .565 .488 .453 COMODITY .517 .607 .642 .678 .571 .571 ELECTRON .514 .531 .508 .542 .508 .423 ============================================================================================ BIG17 .5 .478 .434 .413 .413 .434 GUNS .5 .555 .611 .555 .5 .555 TRANSP .5 .5 .55 .5 .55 .45 MILITARY .473 .473 .473 .473 .473 .421 CHINA .451 .564 .532 .532 .419 .451 UTILITY .428 .571 .595 .571 .523 .523 ETFS .409 .557 .524 .475 .393 .377 AUTO .4 .45 .375 .35 .325 .3 GOLD .4 .56 .64 .64 .56 .58 BEVERAGE .3 .25 .3 .35 .35 .35 INSURANC .281 .343 .343 .343 .312 .281 HOMEBLDG .176 .411 .411 .352 .352 .529 BONDFUND .171 .288 .324 .306 .225 .252 JETS .1 .1 .2 .2 .2 .2 N=14

==============================================================================
     5/14/2018      In keeping with the discussion here Sunday night about the problem
                           of accepting a Sell S15 when the P-Indicator is above +280 and the
                           A/D Line is running ahead of the DJI, I consider Peerless still to be operating
                           on a Buy signal.  There was no new Sell today, but today's rally did look false.
                           So, a shallow, short-term decline after 8 days should come as no surprise. 

                           Bearishly, there were 140 more down than up despite the DJI's 68-point
                           advance.   IWM could not hold its intra-day breakout and gave a new red
                           optimized Sell.  We could take profits in it, but I would prefer to hold it
                           a little longer.  IWM's Closing Power is still rising, as its 5-dma.  See Table 1.
                           I see no reason to sell our bullish MAXCPs. 

                           Biotechs and sports' betting Gambling got a boost from Trump and the Supreme Court.
                           Who says Government is always the problem? Buy MDGL.  It just closed above its
                           65-dma and use a sell stop just below this ma.



                           The DJI closed 2% over its 21-dma with weak internals, except for the breadth-
                           based P-I, which is still above +200.  I expect 25000 to be more closely tested
                           and a new Peerless Sell will likely occur then.  But I would not try to anticipate
                           it.   The NYSE A/D Line and P-Indicator are too strong. 

                          The next month's seasonality is not bullish.  Since 1965, the DJI has risen only
                          48.1% of the time over the next week and only 46.3% over the next month.
                          The average percent change on the DJI is close to zero for the next two months.

Charts 5/14/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/14/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/514/BULLISH.htm                                            Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/514/BEARISH.htm

                                         What Has Happened in Past When Peerless
                                                    Showed Similar Key Values?

                          The key values that Peerless now has, apart from the still very positive P-I, usually
                          produce a decline, but not below the upper 3.5% band is tagged.  That, at least.
                          was true in 4 of 6 cases.  Note that there are no matches for a P-Indicator
                          above +107.  The P-I now shows +200. Not that we can only properly study
                          the period 1965-2018 because the V-I can only be estimated from 1929-1964.

                                        Key Values Used for Matching:
                                          DJI is 2.% to 2.4% over 21-dma.
                                                        IP21 is below +.03
                                                        P-I above 0
                                                        April-June only
                                                        V-I is negative
                                                        Not an on-going bear market

   Date      LA/MA   P-I   IP21  V-I       Outcome 
    ------------------------------------------------------------------
    6/22/75   1.02     +28   0.0      0         DJI rose slightly for 2 weeks and then fell to lower 2.5% band.
    4/27/81   1.02     +11   .026    0          DJI fell to lower 3.5% band in 2 weeks. 
    6/2/2000 1.022   +52   .026 -26          DJI tagged the upper 3.5% band and then fell to lower 3.5% band.
    5/14/2002 1.024 +107 -.024 -110     DJI tagged the upper 3.5% band and then fell below lower 3.5% band.
    6/15/2010 1.024  +10 -.009 -147      DJI ran up to 4% band and then fell to lower 3.5% band.
    4/17/2018 1.023  +72 -.105 -50         DJI fell immediately to lower 1.75% band.

    current       1.02   +202 .028    -9                         
                        much higher

Table 1 QUICKSILVER on ETFS - 05/14/18 Traders may want to watch the Pivot-Points and sell when the 5-dma turns down as the close drops below the pivot-point. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- DIA 249.27 .73 243.42 119.1% ---- RED .122 ----- --------------------------------------------------------------------------------------------- COMPQX 7411.31 8.43 7266.9 99.6% Bullish RED .118 .005 --------------------------------------------------------------------------------------------- SPY 272.98 .13 266.92 112.4% ---- RED .164 -.001 --------------------------------------------------------------------------------------------- QQQ 169.75 .29 166.07 104.6% Bullish RED .114 .007 --------------------------------------------------------------------------------------------- MDY 352.26 -.6 348.23 74.1% Bullish RED .025 .015 --------------------------------------------------------------------------------------------- IWM 159.23 -.61 157.83 68.7% Bullish RED .121 .029 --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- FAS 68.89 -.54 65.64 305.4% Bullish RED .063 .002 --------------------------------------------------------------------------------------------- RETL 36.08 1.31 33 424.3% Bullish BLUE .029 .01 --------------------------------------------------------------------------------------------- SOXL 161.1 6.1 144.5 653.2% ---- BLUE .059 -.063 --------------------------------------------------------------------------------------------- TECL 136.59 -.12 127.38 367.6% Bullish RED .164 .049 --------------------------------------------------------------------------------------------- IBB 107.68 1.1 102.41 225.2% Bullish BLUE .009 -.034 -------------------------------------------------------------------------------------------- GLD 124.49 -.51 124.59 -3.2% Bearish RED -.101 -.023 -------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .045 --------------------------------------------------------------------------------------------- OIH 28.2 .16 27.59 156.2% Bullish ---- .079 .157 --------------------------------------------------------------------------------------------- GASL 23.2 .84 21.86 522.6% Bullish BLUE .046 .264 --------------------------------------------------------------------------------------------- UGA 35.16 .38 33.87 205% Bullish BLUE .408 .134 --------------------------------------------------------------------------------------------- UUP 24.35 .03 24.47 -6.1% Bullish BLUE .242 .02 --------------------------------------------------------------------------------------------- IEF 101.19 -.22 101.42 -19.7% Bearish ---- -.149 -.025 --------------------------------------------------------------------------------------------- XLU 50.19 -.19 49.96 -104.4% ---- RED -.005 .01 --------------------------------------------------------------------------------------------- WEAT 6.51 -.07 6.8 -164% Bullish ---- .205 -.056 --------------------------------------------------------------------------------------------- YINN 36.36 1.08 32.78 717% Bullish RED .201 .029 --------------------------------------------------------------------------------------------- RSX 21.58 .08 21.08 164.7% ---- RED .191 -.088 --------------------------------------------------------------------------------------------- AAPL 188.15 -.44 186.05 79.8% Bullish RED .1 .052 --------------------------------------------------------------------------------------------- GOOG 1100.2 1.94 1053.91 210.7% Bullish BLUE .012 .004 --------------------------------------------------------------------------------------------- MSFT 98.03 .33 95.81 93.4% ---- BLUE .15 .038 --------------------------------------------------------------------------------------------- AMZN 1601.54 -1.37 1592.39 4.4% Bearish RED .037 .052 --------------------------------------------------------------------------------------------- FB 186.64 -.35 178.92 237.6% Bullish RED .114 .041 --------------------------------------------------------------------------------------------- NVDA 255.36 .83 250.4 131.5% Bullish RED .215 .064 --------------------------------------------------------------------------------------------- BA 344.59 2.13 338.37 60.8% ---- BLUE .102 -.016 --------------------------------------------------------------------------------------------- GS 243.91 .99 237 139.5% Bearish BLUE -.278 -.071 --------------------------------------------------------------------------------------------- HD 191.08 .77 185.04 201.6% Bullish RED .289 .055 --------------------------------------------------------------------------------------------- CAT 155.28 .42 149.93 179.3% ---- RED -.11 .045

Table 2 Count of Stocks in Key Directories 20180514 ------------------------------- NEWHIGHS 182 Bullish NEWLOWS 43 MAXCP 63 MINCP 127 Professionals are turning cautious. TTTNH 91 TTTNL 124 FASTUP 230 Swing Traders remain bullish. FASTDOWN 139 CPCROSSA 51 CPCROSSD 125 Professionals are turning cautious. BIGVOLUP 3 BIGVODN 12

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180514 No. NHs Pct. =============================================================== MAXCP 63 51 81 % GAMING 28 6 21 % OILGAS 134 22 16 % --------------------------------------------------- COMODITY 56 8 14 % HOSPITAL 7 1 14 % COMPUTER 23 3 13 % BIG17 46 4 9 % NIFTY 29 2 7 % CHINA 62 4 6 % INDMATER 85 5 6 % INFRA 35 2 6 % RETAIL 53 3 6 % BIOTECH 379 19 5 % CHEM 62 3 5 % ELECTRON 177 9 5 % INDEXES 195 10 5 % SOFTWARE 65 3 5 % SOLAR 21 1 5 % HACKERS 24 1 4 % RUS-1000 825 35 4 % SEMI 129 5 4 % SP-100 96 4 4 % AUTO 40 1 3 % DOWJONES 30 1 3 % FIDSTKS 189 6 3 % GREEN 30 1 3 % MILITARY 38 1 3 % NASD-100 89 3 3 % GOLD 50 1 2 % SP500 481 11 2 % FINANCE 91 1 1 % REIT 176 1 1 %

Table 4 Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180511 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 127 17 13 % BEVERAGE 20 2 10 % GAMING 28 1 4 % HACKERS 24 1 4 % AUTO 40 1 3 % CHEM 62 2 3 % GREEN 30 1 3 % INFRA 35 1 3 % INSURANC 32 1 3 % MILITARY 38 1 3 % REIT 176 5 3 % SOFTWARE 65 2 3 % BONDFUND 111 2 2 % GOLD 50 1 2 % INDMATER 85 2 2 % RETAIL 53 1 2 % UTILITY 42 1 2 % BIOTECH 379 3 1 % ELECTRON 177 1 1 % FIDSTKS 189 2 1 % OILGAS 134 1 1 % RUS-1000 825 8 1 % SEMI 129 1 1 % SP500 481 3 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/14/18 Bullish = 38 Bearish = 8 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU .857 .857 1 1 1 1 SOLAR .857 .857 .904 .714 .571 .571 OILGAS .82 .798 .805 .783 .791 .753 NIFTY .793 .724 .758 .655 .586 .586 REIT .789 .852 .869 .829 .801 .875 GAMING .75 .714 .607 .571 .571 .571 COMPUTER .739 .739 .782 .782 .652 .652 BIGBANKS .714 .714 .714 .285 .142 .142 HOSPITAL .714 .714 .714 .714 .571 .714 HACKERS .708 .75 .791 .875 .791 .791 GREEN .7 .666 .7 .7 .6 .566 INDEXES .692 .676 .641 .569 .507 .492 COAL .666 .666 .555 .555 .555 .555 DOWJONES .666 .633 .566 .566 .466 .5 SP-100 .635 .593 .583 .5 .447 .427 SOFTWARE .63 .646 .723 .723 .707 .723 COMODITY .607 .642 .678 .571 .571 .571 REGBANKS .606 .606 .606 .606 .606 .575 RUS-1000 .604 .608 .601 .55 .523 .529 RETAIL .603 .528 .49 .49 .49 .452 INDMATER .6 .611 .6 .576 .517 .494 INFRA .6 .6 .571 .514 .542 .4 CHEM .596 .564 .564 .532 .516 .483 SP500 .592 .58 .565 .488 .453 .461 NASD-100 .584 .584 .606 .528 .46 .471 FINANCE .582 .593 .571 .45 .428 .439 PIPELINE .571 .571 .428 .428 .428 .428 UTILITY .571 .595 .571 .523 .523 .738 SEMI .565 .519 .558 .511 .434 .41 CHINA .564 .532 .532 .419 .435 .419 FIDSTKS .56 .566 .544 .481 .417 .46 GOLD .56 .64 .64 .56 .58 .58 ETFS .557 .524 .475 .393 .377 .36 FOOD .555 .555 .666 .555 .666 .666 GUNS .555 .611 .555 .5 .555 .555 BIOTECH .54 .501 .445 .467 .419 .467 DJI-13 .538 .538 .538 .538 .384 .461 ELECTRON .531 .508 .542 .508 .423 .406 N = 38 ------------------------------------------------------------------------------------------ TRANSP .5 .55 .5 .55 .45 .35 ========================================================================================== BIG17 .478 .434 .413 .413 .413 .456 MILITARY .473 .473 .473 .473 .421 .421 AUTO .45 .375 .35 .325 .325 .3 HOMEBLDG .411 .411 .352 .352 .529 .588 INSURANC .343 .343 .343 .312 .281 .25 BONDFUND .288 .324 .306 .225 .243 .243 BEVERAGE .25 .3 .35 .35 .35 .4 JETS .1 .2 .2 .2 .2 .1 N=8

==============================================================================
     5/11/2018      Peerless gave a Sell S15 on Friday, but there are a number of
                           reasons for not trusting or taking this signal.  So let's continue to
                           be bullish and look for a breakout by IWM above its flat resistance
                           at 160.  I will take out S15s from our Peerless Softwate that show
                           a P-I above 180. ESP Subscribers should be able to get the revised
                           Peerless tomorrow night.

Charts 5/11/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/11/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/511/BULLISH.htm                                            Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/511/BEARISH.htm

                           Oil remains bullish, too.  The number of new highs did not expand.
                           But there ought to be enough momentum to take DJI up more.  Watch
                           the breadth (NYSE advances minus declines).  It will need to stay very
                           positive to show us that rising short-term rates will not be an immediate
                           problem.   And Watch NYSE Up and Down volume on Monday.  If the
                           ratio of Up to Down Volume is not very good, the V-Indicator
                           is apt to stay negative and this could cause a Sell S9-V at 25000.
                           I would be inclined now to accept a Sell S9V Signal should that occur. 
                           After all, we now see 3 recent Sell S9s.



                           First, the NYSE A/D Line is at a new high, far ahead of the DJI's price action. 
                           This is quite bullish.  See all the past cases of bullish A/D Line divergences
                           from prices in the Table below.

Bullish Rises by ADL while DJI falls.           Bullish Divergence Outcome August 1943 - November 1943  (B9)                                 DJI rose from 129.6 on 11/30/1943 to 150.4 on 7/12/1943. July 1944 - September 1944   (B9)                                      DJI rose from 142.9 on 9/14/1944 to 195.8 on 12/11/1995 August 1955 - October 1955    (B5/B17)                            DJI rose from 438.6 on 10/11/1955 Buy B5 and B17 to 516.6 on 4/5/1956. November 1976 - June 1977  (B9 - 5/25/77)                       DJI started a bear market in July 1977. The DJI fell sharply down as                                                                                                soon as it closed more than 11% down from its highs and broke below                                                                                                flat support. November 1977 - March 1978  (B9)                                   DJI rose from 743.33 on 3/1/1978 to 907.74 on 9/11/1978 March 1980 - April 1980  (B8)                                            DJI rose from 759.13 on 4/21/1980 to 974.57 on 9/22/1980 October 1984 - December 1984   (B13)                              DJI rose from 1163.21 on 12/7/1984 to 1357.97 on 7/16/1984 December 1987 - January 1988    (B9)                               DJI rose from 1879.14 on 1/20/1988 to 2110.08 on 4/12/1988 February 1991 - March 1991  (B9)                                      DJI rose from 2879.14 on 1/20/1988 to 3035.33 on 6/3/1991 June 1991 - August 1991  (no signal)                                DJI rose from 2913.69 on 8/20/1991to 3077.15 on 10/10/1991 June 1992 - October 1992   B3)                                           DJI rose from 3136.58 on 10/9/1992 to 3540.16 on 5/26/1993 March 1996 - May 1996    (B9)                                           DJI rose from 5420.95 on 5/9/1996  to 7079.39 on 3/10/1997 August 1997 - October 1997   (B19)                                  DJI rose from 7694.66 on 8/15/1996 to 9162.72 on 4/22/1998 October 2000 - April 2001  (B9)                                          DJI rose from 9485.70 on 4/3/2001to 11337.92 on 5/21/2001                                                                                                But even though divergence continued until August, the                                                                                                DJI plunged as soon as it closed more than 10% down from                                                                                                its highs, much like in 1977, and broke below flat support. February 2010 - July 2010  (B8)                                          DJI rose from 9732.53 on 7/1/2010 to 10636.38 on 8/3/2010 May 2012 - June 2012   (B8)                                                DJI rose from 12101.46 on 6/4/2012 to 13610.15 on 10/5/2012. August 2013 - October 2013  (B9)                                     DJI rose from 14802.98 on 10/19/2013 to 16576.66 on 12/31/2013. December 2014 - Janaury 2015 (B9)                                   DJI rose from 17164.95 on 1/30/2015 to 18288.63 on 3/2/2015. May 2016 - June 2016   (B3)                                                DJI rose from 17140.24 on 6/27/2016 to 18595.03 on 7/20/2016. February 2018 - March 2018 (B19 and later B9)               DJI rose from 23533.2 on 3/23/2018 to  ?.

                           Secondly, only one of the previous 20 Sell S15s did not show a badly
                           lagging A/D Line at the time of the signal.  See the list below.

                           Thirdly, in the single exception, early in 2002, when there was a strong
                           NYSE A/D Line present, the DJI rose another 5% before peaking..
                           See this case in the chart below.



                           Fourth, in none of the 20 earlier cases, was the P-Indicator so high as
                           it was on Friday when our S15 occurred. See list below.

                           So, for all these reasons, I think we should disregard the S15 and I
                           should make the necessary program changes to eliminate it when the
                           A/D Line is making a new high and/or the P-I in above +175.

SELL S15s since 1928 edited 5/11/2018 1.  Previously Buy B15           DJI            PctGain   Paper Loss 19360303      S15             156.2          .042 Hit 158.8, then 150.4 1.026  .525  +38  +13  +.014  -109  +.023  .089        .33 LA/MA  AROC  P-I        IP21   V-I   OBVPct 65-change  65-dayAROC NYSE A/D NC ========================================================================== 2.  Previously S12 19360401      S15             158.9          .058 Hit 160.4, then 149.7 1.024  .198  -37  -10  -.126  -250  +.097  .111        .40 NYSE A/D NC ========================================================================== 3.  Previously B4 19370210      S15             189.4          .126  194.4  3/10 1.019  .391  -10  +12  +.034  -202  +.12   .038        .14 NYSE A/D NC ========================================================================== 4.  Previously and also S9 19370305      S15             194.1          .147  194.4  3/10 1.028  .373  -15  +5   +.037  -231  +.094  .059        .22 NYSE A/D NC ========================================================================== 5.  Previously S12 Also S9 19600105      S15             685.5          .107    Perfect! 1.018  .40    +4  +6   -.038  -170  +.099   +.085      .31 NYSE A/D NC ========================================================================== 6.  Previously S9 19700401      S15             792.04         .155   Perfect! 1.018  .181   -58 -3   -.014  -1    +.034   +.008      -.03 NYSE A/D NC ========================================================================== 7.  Previously S9 19720406      S15             959.44         .025    none 1.02   .159   -70 15   +.036  -1    -.09    +.075      +.28 NYSE A/D NC ========================================================================== 8.  Previously S9, S7 19720525      S15             969.07         .054    hit 973.51 1.025  .279   -10 14   +.004  -1    +.235   +.061      +.23 NYSE A/D NC ========================================================================== 9.  Previously B13, B4, B1, B2 19730105      S15             1047.49        .114 1.023  .238   -77 -7   +.039  -2    +.055   +.098      +.36 NYSE A/D NC ========================================================================== 10. Previously B15, B4, B12, B13, B9, B2, B3 19760324      S15             1009.21        .048 1.024  .192   -64 +10  -.033  -1    +.261   +.195      +.66 NYSE A/D NC ========================================================================== 11. Previously S7 19760421      S15             1011.02         1.019  .345   -1  +15  +.038  -1    +.073   +.071      +.26 NYSE A/D NC ========================================================================== 12. Previously S9 19800213      S15             903.84         .14 1.028  .478   -26 +1   -.01   -1     +.212  +.12       +.44 NYSE A/D NC ========================================================================== 13  Previously S4 19810424      S15       1020.35     .046        1024.05 -.0036         4/27 1.018   .061   +1 -11  -.012  -1    +.114   +.078  +.29 NYSE A/D NC ================================================================= 14. Previously S16 19900103      S15             2809.73        .074 1.027  .27    +36 -15  +.08   -4     +.097  +.043  +.16 NYSE A/D NC ========================================================================== 15. Previously B19 19940518      S15             3732.89        .026 1.017  .365   -13 +93  +.074  -6    +.042   -.042  -.17 NYSE A/D NC  FALLING 65 DMA ========================================================================== 16.  Previously S9 19980422      S15             9176.72        .168 1.021  .478   +17 +4   +.057  -8    +.053   +.183  +.64 NYSE A/D NC ==========================================================================  17.  Previously S16 20000107      S15             11522.56       .131 1.021  .48    -23 +103 -.028  -59   +.356  +.088   +.33 NYSE A/D NC ========================================================================== 18.  Previously B18, also S9 on this date.  20020226      S15             10115.26       .19  DJI rose to 10633.35 before falling. 1.027  .333   +68 +16  +.047  -160  -.064  +.021   +.09 A/D LINE DID CONFIRM! ========================================================================= 19.  Previously S4, S9 20080501      S15             13040          .127 1.029  .405   +178 +33 +.048  -28   +.082  +.044   +.17 NYSE A/D NC ========================================================================= 20.  Previously B19, also S7 on this date. 20120501      S15             13279.32       .087   Perfect. 1.018  .061   +78  +18 -.003  -87   +.037  +.048   +.18 NYSE A/D NC ------------------------------------------------------------------------                              No.=20   completed...                              Avg Gain = 9.5% ======================================================================== 20180511      S15             24831.17 1.018  .17    +191 +2   .017  -15   +.032   -.001  -.01                     too high 21.  Previusly B9 A/D LINE DID CONFIRM!

Table 1 Table 1 QUICKSILVER on ETFS - 05/10/18 DIA and FAS show weak relative strength. IWM has an ITRS, 5.6%, showing it is strongest general mkt ETF over last 50 trading days. SPY now has the highest IP21 among the 6 general market ETFs. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 248.54 1.08 243.42 123.1% ---- BLUE .115 ---- --------------------------------------------------------------------------------------------- COMPQX 7402.88 -2.09 7265.21 132.4% ---- BLUE .102 .021 --------------------------------------------------------------------------------------------- SPY 272.85 .83 266.92 127.3% ---- BLUE .152 .009 --------------------------------------------------------------------------------------------- QQQ 169.46 -.16 166.24 137.5% ---- ---- .101 .02 --------------------------------------------------------------------------------------------- MDY 352.86 .31 347.07 110% Bullish BLUE .03 .033 --------------------------------------------------------------------------------------------- IWM 159.84 .31 157.05 130.3% Bullish BLUE .123 .056 --------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------- FAS 69.43 -.08 64.77 443.6% ---- RED .019 .026 --------------------------------------------------------------------------------------------- RETL 34.77 .67 33.21 165.2% ---- BLUE -.036 .009 --------------------------------------------------------------------------------------------- SOXL 155 -3.79 141.49 589.2% ---- RED .055 -.046 --------------------------------------------------------------------------------------------- TECL 136.71 -.57 126.88 480% Bullish BLUE .165 .085 --------------------------------------------------------------------------------------------- IBB 106.58 2.85 103 205.2% ---- BLUE -.01 -.015 --------------------------------------------------------------------------------------------- GLD 125 -.18 124.57 18.5% ---- RED -.065 -.008 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .051 --------------------------------------------------------------------------------------------- OIH 28.04 -.13 27.33 151.7% Bullish RED .089 .166 --------------------------------------------------------------------------------------------- GASL 22.36 -.64 20.88 435.5% Bullish RED .037 .293 --------------------------------------------------------------------------------------------- UGA 34.78 -.13 33.75 158% Bullish RED .394 .132 --------------------------------------------------------------------------------------------- UUP 24.32 -.04 24.38 -2% Bullish ---- .198 .02 --------------------------------------------------------------------------------------------- IEF 101.41 .01 101.59 -11.3% Bearish ---- -.063 -.021 --------------------------------------------------------------------------------------------- XLU 50.38 .07 51.24 -111.8% ---- ---- .007 .016 --------------------------------------------------------------------------------------------- WEAT 6.58 -.11 6.73 -221.7% Bullish RED .234 -.068 --------------------------------------------------------------------------------------------- YINN 35.28 .23 31.53 496.6% Bullish RED .212 .009 --------------------------------------------------------------------------------------------- RSX 21.5 -.17 20.88 85% ---- RED .189 -.082 --------------------------------------------------------------------------------------------- AAPL 188.59 -1.45 185.16 127.6% Bullish RED .114 .067 --------------------------------------------------------------------------------------------- GOOG 1098.26 .69 1054.79 234.4% Bullish BLUE .029 .016 --------------------------------------------------------------------------------------------- MSFT 97.7 -.21 96.22 131.7% ---- ---- .137 .042 --------------------------------------------------------------------------------------------- AMZN 1602.91 -6.17 1600.14 68.7% Bearish RED .031 .063 --------------------------------------------------------------------------------------------- FB 186.99 1.46 177.97 287.8% Bullish BLUE .119 .052 --------------------------------------------------------------------------------------------- NVDA 254.53 -5.6 248.68 308.4% Bullish BLUE .218 .086 --------------------------------------------------------------------------------------------- BA 342.46 -1.61 340.43 118% ---- RED .086 -.031 --------------------------------------------------------------------------------------------- GS 242.92 -.52 237.2 167% Bearish RED -.283 -.064 --------------------------------------------------------------------------------------------- HD 190.31 3.15 183.56 142.4% Bullish BLUE .24 .049 --------------------------------------------------------------------------------------------- CAT 154.86 .89 149.82 282% ---- BLUE -.118 .02

Table 2 Count of Stocks in Key Directories 20180511 ------------------------------- NEWHIGHS 223 Bullish NEWLOWS 36 MAXCP 102 MINCP 84 TTTNH 90 TTTNL 82 FASTUP 236 Bullish FASTDOWN 131 CPCROSSA 27 CPCROSSD 86 BIGVOLUP 6 More than usual BIGVODN 11

Table 3   Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180511 No. NHs Pct. =============================================================== MAXCP 102 72 71 % HOSPITAL 7 2 29 % TRANSP 20 3 15 % -------------------------------------------------- COMPUTER 23 3 13 % NIFTY 30 4 13 % SOFTWARE 65 8 12 % MILITARY 38 4 11 % OILGAS 134 13 10 % FINANCE 91 8 9 % REGBANKS 33 3 9 % BIOTECH 380 29 8 % FIDSTKS 189 14 7 % RUS-1000 825 54 7 % BIG17 48 3 6 % CHEM 71 4 6 % INDEXES 195 11 6 % INSURANC 32 2 6 % INDMATER 85 4 5 % SP-100 96 5 5 % SP500 481 25 5 % HACKERS 24 1 4 % RETAIL 53 2 4 % AUTO 40 1 3 % DOWJONES 30 1 3 % ELECTRON 177 6 3 % GREEN 30 1 3 % NASD-100 89 3 3 % CHINA 62 1 2 % COMODITY 56 1 2 % ETFS 61 1 2 % REIT 175 3 2 % UTILITY 42 1 2 %

Table 4 Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180511 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 84 11 13 % FIDELITY 41 4 10 % CHEM 71 4 6 % AUTO 40 2 5 % BEVERAGE 20 1 5 % SOFTWARE 65 3 5 % HACKERS 24 1 4 % RETAIL 53 2 4 % INSURANC 32 1 3 % MILITARY 38 1 3 % BIOTECH 380 7 2 % GOLD 50 1 2 % INDMATER 85 2 2 % NASD-100 89 2 2 % REIT 175 3 2 % UTILITY 42 1 2 % BONDFUND 111 1 1 % ELECTRON 177 1 1 % FIDSTKS 189 1 1 % FINANCE 91 1 1 % OILGAS 134 1 1 % RUS-1000 825 5 1 % SEMI 129 1 1 % SP500 481 2 0 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/11/18 Bullish = 38 Bearish = 9 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU .857 1 1 1 1 1 SOLAR .857 .904 .714 .571 .571 .476 REIT .851 .868 .828 .8 .862 .817 OILGAS .798 .805 .783 .791 .746 .731 HACKERS .75 .791 .875 .791 .791 .708 COMPUTER .739 .782 .782 .652 .652 .608 NIFTY .733 .766 .666 .6 .6 .6 BIGBANKS .714 .714 .285 .142 .142 0 GAMING .714 .607 .571 .571 .571 .535 HOSPITAL .714 .714 .714 .571 .714 .714 INDEXES .676 .641 .569 .507 .482 .42 COAL .666 .555 .555 .555 .555 .555 GREEN .666 .7 .7 .6 .566 .5 SOFTWARE .646 .723 .723 .707 .723 .692 COMODITY .642 .678 .571 .571 .553 .535 GOLD .64 .64 .56 .58 .58 .56 DOWJONES .633 .566 .566 .466 .5 .433 GUNS .611 .555 .5 .555 .555 .555 INDMATER .611 .6 .576 .517 .494 .482 RUS-1000 .608 .601 .55 .523 .528 .499 REGBANKS .606 .606 .606 .606 .575 .575 INFRA .6 .571 .514 .542 .4 .4 UTILITY .595 .571 .523 .523 .738 .785 FINANCE .593 .571 .45 .428 .439 .351 SP-100 .593 .583 .5 .447 .427 .427 NASD-100 .584 .606 .528 .46 .471 .494 SP500 .58 .565 .488 .453 .461 .461 PIPELINE .571 .428 .428 .428 .428 .142 FIDSTKS .566 .544 .481 .417 .46 .444 FOOD .555 .666 .555 .666 .555 .555 TRANSP .55 .5 .55 .45 .35 .45 CHEM .549 .549 .507 .507 .478 .478 DJI-13 .538 .538 .538 .384 .461 .384 CHINA .532 .532 .419 .435 .419 .403 RETAIL .528 .49 .49 .49 .452 .509 ETFS .524 .475 .393 .377 .36 .36 SEMI .519 .558 .511 .434 .403 .403 ELECTRON .508 .542 .508 .423 .395 .395 N = 38 ================================================================================================ BIOTECH .497 .442 .463 .418 .452 .4 MILITARY .473 .473 .473 .421 .421 .315 BIG17 .458 .437 .437 .437 .458 .437 HOMEBLDG .411 .352 .352 .529 .588 .529 AUTO .375 .35 .325 .325 .3 .3 INSURANC .343 .343 .312 .281 .25 .218 BONDFUND .324 .306 .225 .243 .243 .243 BEVERAGE .3 .35 .35 .35 .4 .3 JETS .2 .2 .2 .2 .1 .3 N = 9

==============================================================================
     5/10/2018      Our Peerless Buy B9 still stands.  So higher prices are likely.   In fact,
                           if Friday were to produce another rise just like today, there would be no
                           Sell even though the DJI would be closing above 25000.  We have to
                           be pleased that not only has DIA (representing the DJI) and SPY (representing
                           SP-500) gotten back more convincingly above their 65-dma, but their
                           Closing Powers have now risen above their still falling Closing Powers.
                           This is good.  But the most bullish aspect of the market now is that the NYSE
                           A/D Line has just made a new far ahead of the DJI.  For the last few years, these
                           ADL NH's have been very reliable harbingers of much higher prices by the DJI.




                                                         Should we take profits in IWM?  

                           A small and brief pullback is certainly possible.  IWM is back to its 159-160
                           resistance and the DJI has now risen 6 straight days. Still, I would suggest we simply
                           rely on Peerless when to sell. 

                           What has been boosting IWM technically has been its many excellent looking breakouts
                      .     Our Bullish MINCPS have pointed to them.  But IWM's volume was low today.  That
                           will most likely not allow it to breakout over 160 right away.  In addition, the total
                           number of new highs today remained at Wednesday's levels, 345, rather than bullishly
                           expand as it has been doing since May 4th.  Still, "345" is a very bullish number.   It
                           shows speculative enthusiasm is strong and it shows fears of interest rate rises is
                           still not a limiting factor.  Earnings should keep rising and bonds are not a threat to
                           stocks.

                           However, when we look at the Hourly DJI, we see that the OBV-DISI Line is
                           not matching the size of the DJI's advance.  So, a brief retreat by the DJI would
                           be no surprise.
                           
                           Because IWM's flat top "beckons for a breakout", as I like to say, and
                           because of the strong NYSE ADL and the operative B9, I think most traders will
                           want to just continue to hold IWM long in expectation of a bullish breakout run to new
                           highs.   Our Bullish MAXCPs continue to do well.  Let me call your attention to
                           a particularly bullish pattern of Accumulation, strong Closing Power the red
                           high volume breakout in MIXT, the top ranked Bullish MAXCP stock.



                           Short-term interest rates did not rise today.  That will help the market.  Oil was strong
                           once again.  Bullish performance-minded institutions must put their money into this
                           sector.   So, once again I want to advocate on behalf of low priced oil stocks like
                           PES (5.0).  I also want to point out the bearish potential in airlines' stocks. 
                           In addition, note how the rising prices of Grains and Sugar are also pushing up
                           commodity prices.  This explains the weakness in beverage and beer stocks.  Stay short
                           a few of these is my suggestion.  This is a market tailor made for our Power Ranker
                           program run against MAXCPs and MINCPs. 

                           If we are about to get a new leg up in more speculative stocks, let me suggest looking
                           at the NEWHIGHs download and then using the older charting program to inspect
                           the stocks that are up the biggest percentage and show a high IP21 (above +.35).
                           Ideally, they will also have an AI/200 above 147 and show a recent B24, B20 or
                           B12.   These may become this year's Explosive Super Stocks.

                                      Commands with TigerSoft
                                                 Peercomm
                                                 Select Folder
                                                 New Highs
                                                 Older Charting 
                                                 Ranking Results
                                                 User Set Rankings
                                                 "1" + "1"
 

Charts 5/10/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/10/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/510/BULLISH.htm                                            Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/510/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/10/18 DIA and FAS show weak relative strength. IWM has an ITRS, 7.2%, showing it is strongest general mkt ETF over last 50 trading days. SPY now has the highest IP21 among the 6 general market ETFs. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 247.46 2.06 242.52 172.2% ---- BLUE .103 ---- --------------------------------------------------------------------------------------------- COMPQX 7404.97 65.06 7209.62 219% ---- BLUE .092 .029 --------------------------------------------------------------------------------------------- SPY 272.02 2.52 266.02 176.4% ---- BLUE .124 .012 --------------------------------------------------------------------------------------------- QQQ 169.62 1.74 164.87 236.4% ---- BLUE .102 .025 --------------------------------------------------------------------------------------------- MDY 352.55 2.6 345.19 172.7% Bullish BLUE .029 .05 --------------------------------------------------------------------------------------------- IWM 159.53 .85 155.73 182.6% Bullish BLUE .11 .072 --------------------------------------------------------------------------------------------- FAS 69.51 1.57 63.55 620.8% ---- BLUE .036 .005 --------------------------------------------------------------------------------------------- RETL 34.1 .06 33.66 139.2% ---- BLUE -.079 -.02 --------------------------------------------------------------------------------------------- SOXL 158.79 8.05 137.72 1078.7% ---- BLUE .107 -.049 --------------------------------------------------------------------------------------------- TECL 137.28 5.2 124.27 784.4% Bullish BLUE .178 .058 high --------------------------------------------------------------------------------------------- IBB 103.73 -.06 102.35 119.4% Bearish RED -.088 -.029 --------------------------------------------------------------------------------------------- GLD 125.18 .85 124.54 36.2% Bullish ---- -.076 .012 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .072 high --------------------------------------------------------------------------------------------- OIH 28.17 .04 27.2 237% Bullish ---- .14 .197 --------------------------------------------------------------------------------------------- GASL 23 .12 20.46 831.2% Bullish RED .053 .388 high --------------------------------------------------------------------------------------------- UGA 34.91 .29 33.7 227.4% Bullish BLUE .431 .141 high --------------------------------------------------------------------------------------------- UUP 24.36 -.11 24.33 12.3% Bullish ---- .144 .039 --------------------------------------------------------------------------------------------- IEF 101.4 .21 101.64 -11.3% Bearish ---- -.106 .003 --------------------------------------------------------------------------------------------- XLU 50.31 .7 51.51 -95.6% Bearish BLUE -.029 .036 --------------------------------------------------------------------------------------------- WEAT 6.69 -.04 6.88 -256% Bullish ---- .287 .014 high --------------------------------------------------------------------------------------------- YINN 35.05 1.28 32 500.3% Bullish BLUE .223 .018 --------------------------------------------------------------------------------------------- RSX 21.67 .55 21.14 168.8% Bullish BLUE .175 -.053 --------------------------------------------------------------------------------------------- AAPL 190.04 2.68 183.83 357.6% Bullish BLUE .122 .078 --------------------------------------------------------------------------------------------- GOOG 1097.57 14.81 1048.21 350.8% Bullish BLUE .021 .004 --------------------------------------------------------------------------------------------- MSFT 97.91 .97 95.16 200.8% ---- BLUE .133 .055 --------------------------------------------------------------------------------------------- AMZN 1609.08 1.08 1580.95 116.3% Bearish BLUE .053 .075 --------------------------------------------------------------------------------------------- FB 185.53 2.87 176.61 323.2% ---- BLUE .058 .051 --------------------------------------------------------------------------------------------- NVDA 260.13 4.35 239.06 553% Bullish BLUE .293 .086 --------------------------------------------------------------------------------------------- BA 344.07 -.43 334.43 198.1% ---- BLUE .129 -.039 --------------------------------------------------------------------------------------------- GS 243.44 1.71 234.94 211.7% Bearish BLUE -.249 -.063 --------------------------------------------------------------------------------------------- HD 187.16 .8 185.03 107.5% Bullish BLUE .192 .038 --------------------------------------------------------------------------------------------- CAT 153.97 1.36 146.37 343.1% ---- BLUE -.096 .007

Table 2 Count of Stocks in Key Directories 20180510 ------------------------------- NEWHIGHS 345 bullish...unchanged from previous day NEWLOWS 36 MAXCP 135 Professions are switching sides! MINCP 81 TTTNH 113 Day Traders are Bullish TTTNL 98 FASTUP 320 Swing Traders are bullish FASTDOWN 116 CPCROSSA 51 CPCROSSD 74 Some Pros are not convinced, still BIGVOLUP 2 BIGVODN 11 Big money is still dumping, not chasing.

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180510 No. NHs Pct. =============================================================== MAXCP 135 99 73 % NIFTY-30 30 9 30 % HACKERS 24 7 29 % HOSPITAL 7 2 29 % SOFTWARE 65 19 29 % COMPUTER 23 5 22 % COMODITY 56 12 21 % REGBANKS 33 7 21 % NASD-100 89 16 18 % DOWJONES 30 5 17 % MILITARY 38 6 16 % OILGAS 135 21 16 % TRANSP 20 3 15 % --------------------------------------------------- GAMING 28 4 14 % SOLAR 21 3 14 % FIDSTKS 189 25 13 % FINANCE 91 10 11 % ELECTRON 177 17 10 % RUS-1000 825 80 10 % SP-100 96 10 10 % SP500 481 48 10 % SEMI 129 11 9 % CHINA 62 5 8 % DJI-13 13 1 8 % INDEXES 195 15 8 % GREEN 30 2 7 % BIG17 48 3 6 % CHEM 71 4 6 % INDMATER 85 5 6 % INSURANC 32 2 6 % BEVERAGE 20 1 5 % BIOTECH 382 18 5 % GOLD 50 2 4 % REIT 175 7 4 % RETAIL 53 2 4 % AUTO 40 1 3 % ETFS 61 1 2 % UTILITY 42 1 2 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180510 No. NHs Pct. -------------------------------------------------- -------------------------------------------------- MINCP 81 15 19 % CHEM 71 4 6 % COMODITY 56 3 5 % AUTO 40 1 3 % BIOTECH 382 10 3 % INFRA 35 1 3 % MILITARY 38 1 3 % NASD-100 89 3 3 % FIDSTKS 189 3 2 % GOLD 50 1 2 % OILGAS 135 3 2 % RETAIL 53 1 2 % SOFTWARE 65 1 2 % ELECTRON 177 1 1 % REIT 175 1 1 % SEMI 129 1 1 % RUS-1000 825 4 0 % SP500 481 2 0 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/10/18 Bullish = 34 Bearish = 12 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 1 1 1 1 1 SOLAR .904 .714 .571 .571 .476 .476 REIT .868 .828 .8 .862 .8 .731 OILGAS .8 .777 .785 .74 .725 .696 HACKERS .791 .875 .791 .791 .75 .583 COMPUTER .782 .782 .652 .652 .608 .565 NIFTY .766 .666 .6 .6 .6 .5 SOFTWARE .723 .723 .707 .723 .707 .615 BIGBANKS .714 .285 .142 .142 0 0 HOSPITAL .714 .714 .571 .714 .714 .714 GREEN .7 .7 .6 .566 .5 .466 COMODITY .678 .571 .571 .553 .535 .535 FOOD .666 .555 .666 .555 .555 .666 INDEXES .641 .569 .507 .482 .415 .271 GOLD .64 .56 .58 .58 .54 .56 GAMING .607 .571 .571 .571 .535 .357 NASD-100 .606 .528 .46 .471 .483 .382 REGBANKS .606 .606 .606 .575 .575 .393 RUS-1000 .601 .55 .523 .528 .495 .414 INDMATER .6 .576 .517 .494 .458 .411 SP-100 .583 .5 .447 .427 .416 .343 FINANCE .571 .45 .428 .439 .351 .307 INFRA .571 .514 .542 .4 .342 .342 UTILITY .571 .523 .523 .738 .785 .714 DOWJONES .566 .566 .466 .5 .433 .4 SP500 .565 .488 .453 .461 .455 .378 SEMI .558 .511 .434 .403 .395 .333 COAL .555 .555 .555 .555 .555 .333 GUNS .555 .5 .555 .555 .555 .444 CHEM .549 .521 .492 .478 .45 .394 FIDSTKS .544 .481 .417 .46 .439 .375 ELECTRON .542 .508 .423 .395 .389 .322 DJI-13 .538 .538 .384 .461 .384 .384 CHINA .532 .419 .435 .419 .403 .354 N = 34 ============================================================================================ TRANSP .5 .55 .45 .35 .45 .35 ============================================================================================ RETAIL .49 .49 .49 .452 .509 .49 ETFS .475 .393 .377 .36 .36 .344 MILITARY .473 .473 .421 .421 .315 .236 BIOTECH .442 .463 .418 .452 .397 .387 BIG17 .437 .437 .437 .479 .416 .395 PIPELINE .428 .428 .428 .428 .142 .142 HOMEBLDG .352 .352 .529 .588 .529 .588 AUTO .35 .325 .325 .3 .3 .25 BEVERAGE .35 .35 .35 .4 .3 .25 INSURANC .343 .312 .281 .25 .25 .187 BONDFUND .306 .225 .243 .243 .243 .216 JETS .2 .2 .2 .1 .3 .3 N=12

==============================================================================
==============================================================================
     5/9/2018        Our Peerless Buy B9 tells us that higher prices are coming, especially
                           if the DJI and SP-500 can convincingly get up past their rising 65-dma resistance
                           levels and their downtrends.  The A/D Line rose bullishly today and could
                           make a 12-month high if we get another good day or two.  Hold your
                           long positions.  Meanwhile, some of our bearish MINCPs remain very
                           weak.   The rising prices in Commodities and in Oil are bound to create new
                           big winners and losers.  Interest rates are not yet so high as to be a threat.
                           Today's Producer Prices shows 2.6% inflation. This should be tolerable.
                                  https://outlook.live.com/owa/?path=/mail/inbox/rp
                           But if our FOMC now acts like most of those in the past, it will pay more
                           attention to the rise in Crude Oil. So we must watch for signs that the Short
                           Term Interest Rate trend is accelerating. 

                           The DJI's downtrend-line remains an obstacle.  But history shows us examples
                           of the DJI moving higher after a 3-4 month delay even though there have been
                           Sell S9s after a very long uptrend.  Unfortunately, two of  the best examples are
                           from 1929 and 1987. But the point here is that the DJI may surprise people and
                           rise to new highs.  In both cases, it was the FED which decided to boost the
                           market.  

     



                           Hold IWM.  It remains the strongest major market ETF.  See Table 1 below.
                           Hold the oil stocks, especially low priced ones like PTE.  And continue to hold
                           a few bearish MINCPs.  Some of these are being hit hard, as their weakness
                           becomes more and more apparent.  The higher Oil prices are going to create
                           real problems for the airlines industry just as the higher prices for grains are
                           hurting brewers and higher sugar prices are hurting soft drink stocks.  The Bearish
                           MINCPs and today's new lows reflect these higher commodity price pressures.   
          

Charts 5/9/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/9/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/509/BULLISH.htm                                            Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/509/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/09/18 DIA and FAS show weak relative strength. IWM is 7.2% stronger over last 50 trading days. It has the highest IP21 among the 6 general market ETFs at top in table below. IWM remains favored. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 245.4 1.98 239.1 130.2% ---- BLUE .053 ------ --------------------------------------------------------------------------------------------- COMPQX 7339.91 73.01 7088.15 166.3% ---- BLUE .061 .035 --------------------------------------------------------------------------------------------- SPY 269.5 2.58 262.62 118.8% ---- BLUE .058 .016 --------------------------------------------------------------------------------------------- QQQ 167.88 1.81 161.8 184.6% ---- BLUE .034 .031 --------------------------------------------------------------------------------------------- MDY 349.95 1.72 340.59 128.8% Bullish BLUE .015 .053 --------------------------------------------------------------------------------------------- IWM 158.68 .85 153.81 129.3% Bullish BLUE .118 .072 --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- FAS 67.94 2.3 61.48 440.6% ---- BLUE -.027 -.025 --------------------------------------------------------------------------------------------- RETL 34.04 1.04 33.17 -28.4% Bearish BLUE -.129 .01 --------------------------------------------------------------------------------------------- SOXL 150.74 6.24 128.46 905.1% ---- BLUE .069 -.098 --------------------------------------------------------------------------------------------- TECL 132.08 4.7 117.57 630% ---- BLUE .112 .017 --------------------------------------------------------------------------------------------- IBB 103.79 1.38 101.28 54.2% Bearish BLUE -.073 -.024 --------------------------------------------------------------------------------------------- GLD 124.33 -.26 124.28 27.3% Bullish RED -.14 .027 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .095 --------------------------------------------------------------------------------------------- OIH 28.13 .54 26.87 180% Bullish BLUE .173 .18 --------------------------------------------------------------------------------------------- GASL 22.88 1.02 19.49 445.9% Bullish BLUE .092 .311 --------------------------------------------------------------------------------------------- UGA 34.62 .75 33.37 234% Bullish BLUE .391 .122 --------------------------------------------------------------------------------------------- UUP 24.47 0 24.3 14.4% Bullish ---- .17 .07 --------------------------------------------------------------------------------------------- IEF 101.19 -.23 101.63 -8.9% Bearish ---- -.124 .026 --------------------------------------------------------------------------------------------- XLU 49.61 -.35 51.28 -170.4% Bearish RED -.08 .038 --------------------------------------------------------------------------------------------- WEAT 6.73 -.07 7.04 -131% Bullish ---- .286 .068 --------------------------------------------------------------------------------------------- YINN 33.77 .99 31.81 210.2% Bullish BLUE .204 -.053 --------------------------------------------------------------------------------------------- RSX 21.12 .04 20.96 102.6% ---- ---- .211 -.073 --------------------------------------------------------------------------------------------- AAPL 187.36 1.31 176.89 296.9% Bullish BLUE .085 .084 --------------------------------------------------------------------------------------------- GOOG 1082.76 28.85 1023.72 280.4% Bullish BLUE -.02 .002 --------------------------------------------------------------------------------------------- MSFT 96.94 1.13 94.07 180.6% Bearish BLUE .075 .063 --------------------------------------------------------------------------------------------- AMZN 1608 15.61 1572.07 121% Bearish BLUE .028 .097 --------------------------------------------------------------------------------------------- FB 182.66 3.74 174.02 186.5% ---- BLUE .044 .04 --------------------------------------------------------------------------------------------- NVDA 255.78 5.38 232.99 615.3% Bullish BLUE .213 .073 --------------------------------------------------------------------------------------------- BA 344.5 6.13 330.69 304.4% ---- BLUE .108 -.022 --------------------------------------------------------------------------------------------- GS 241.73 4.73 233.41 163.2% Bearish BLUE -.244 -.064 --------------------------------------------------------------------------------------------- HD 186.36 1.32 183.19 12.2% Bullish BLUE .167 .041 --------------------------------------------------------------------------------------------- CAT 152.61 2.68 143.78 298.1% ---- BLUE -.106 -.02

Table 2 Count of Stocks in Key Directories 20180509 ------------------------------- NEWHIGHS 345 Bullish NEWLOWS 75 MAXCP 138 Mildly Bullish MINCP 122 TTTNH 112 TTTNL 151 FASTUP 250 Swing Traders are bullish. FASTDOWN 133 CPCROSSA 90 Not enough improvement CPCROSSD 83 BIGVOLUP 7 Big Buyers are becoming more aggressive. BIGVODN 17

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180509 No. NHs Pct. =============================================================== MAXCP 138 101 73 % HACKERS 24 9 38 % COMPUTER 23 8 35 % NIFTY 30 9 30 % HOSPITAL 7 2 29 % SOFTWARE 65 19 29 % REGBANKS 33 7 21 % COMODITY 56 11 20 % NASD-100 89 16 18 % DOWJONES 30 5 17 % OILGAS 136 23 17 % MILITARY 38 6 16 % TRANSP 20 3 15 % ------------------------------------------------------ GAMING 28 4 14 % FIDSTKS 189 24 13 % FINANCE 91 12 13 % RUS-1000 825 81 10 % SP-100 96 9 9 % SP500 481 45 9 % BIG17 48 4 8 % CHINA 62 5 8 % DJI-13 13 1 8 % BIOTECH 381 25 7 % ELECTRON 177 11 6 % INDEXES 195 12 6 % INSURANC 32 2 6 % RETAIL 53 3 6 % INDMATER 85 4 5 % SEMI 129 7 5 % CHEM 62 2 3 % REIT 175 6 3 % GOLD 50 1 2 % UTILITY 42 1 2 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180509 No. NHs Pct. -------------------------------------------------- MINCP 122 35 29 % BEVERAGE 20 4 20 % BONDFUND 111 8 7 % COMODITY 56 3 5 % BIOTECH 381 14 4 % FIDSTKS 189 8 4 % GAMING 28 1 4 % SP-100 96 4 4 % AUTO 40 1 3 % DOWJONES 30 1 3 % ELECTRON 177 5 3 % ETFS 61 2 3 % SEMI 129 4 3 % CHEM 62 1 2 % NASD-100 89 2 2 % OILGAS 136 3 2 % RETAIL 53 1 2 % RUS-1000 825 16 2 % SOFTWARE 65 1 2 % SP500 481 12 2 % UTILITY 42 1 2 % INDMATER 85 1 1 % INDEXES 195 2 1 %

RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/9/18 Bullish = 28 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 1 1 1 1 1 HACKERS .875 .791 .791 .75 .625 .625 REIT .828 .8 .862 .8 .731 .697 COMPUTER .782 .652 .652 .608 .565 .521 OILGAS .779 .779 .735 .72 .683 .735 SOFTWARE .723 .707 .723 .707 .63 .646 HOSPITAL .714 .571 .714 .714 .714 .714 SOLAR .714 .571 .571 .476 .476 .476 GREEN .7 .6 .566 .5 .466 .4 NIFTY .666 .6 .6 .6 .5 .5 REGBANKS .606 .606 .575 .575 .393 .424 INDMATER .576 .517 .494 .458 .4 .4 COMODITY .571 .571 .553 .535 .535 .535 GAMING .571 .571 .571 .535 .357 .357 INDEXES .569 .507 .482 .415 .266 .312 DOWJONES .566 .466 .5 .433 .4 .433 GOLD .56 .58 .58 .54 .54 .5 COAL .555 .555 .555 .555 .333 .333 FOOD .555 .666 .555 .555 .666 .666 RUS-1000 .55 .523 .528 .495 .41 .426 TRANSP .55 .45 .35 .45 .35 .4 DJI-13 .538 .384 .461 .384 .384 .384 CHEM .532 .516 .483 .451 .37 .403 NASD-100 .528 .46 .471 .483 .393 .404 UTILITY .523 .523 .738 .785 .714 .738 INFRA .514 .542 .4 .342 .342 .314 SEMI .511 .434 .403 .395 .333 .31 ELECTRON .508 .423 .395 .389 .322 .327 N=28 ============================================================================================= GUNS .5 .555 .555 .555 .444 .388 SP-100 .5 .447 .427 .416 .343 .354 ============================================================================================= RETAIL .49 .49 .452 .509 .49 .547 SP500 .488 .453 .461 .455 .374 .39 FIDSTKS .481 .417 .46 .439 .37 .354 MILITARY .473 .421 .421 .315 .236 .21 BIOTECH .464 .419 .454 .398 .383 .422 FINANCE .45 .428 .439 .351 .307 .362 BIG17 .437 .437 .479 .437 .354 .416 PIPELINE .428 .428 .428 .142 .142 .285 CHINA .419 .435 .419 .403 .354 .338 ETFS .393 .377 .36 .36 .344 .295 HOMEBLDG .352 .529 .588 .529 .529 .411 BEVERAGE .35 .35 .4 .3 .25 .25 AUTO .325 .325 .3 .3 .25 .25 INSURANC .312 .281 .25 .25 .187 .218 BIGBANKS .285 .142 .142 0 0 0 BONDFUND .225 .243 .243 .243 .207 .18 JETS .2 .2 .1 .3 .3 .3 N=17

.

==============================================================================
     5/8/2018        Our Peerless Buy B9 tells us that higher prices are coming, especially
                           if the DJI and SP-500 can get up past their rising 65-dma resistance levels. 
                           A good strong opening and close tomorrow may do that. Note also in the
                           DJI chart below how our IP21 and V-Indicators moved much closer to positive
                           territory today.  If this internal improvement continues, there may well be no Peerless
                           Sell signal at the upper 2.4% band. The DJI seems on target to get back to 25000. 
                           If the internals are good enough, we will not get a Sell signal there.  Let's let Peerless
                           tell us when to sell. 



                          IWM is, by far the strongest of the major market ETFs.  It seems ready to
                           challenge its recent highs just above 160.  Let's not sell it there yet.  Today's
                           market refused to sell off despite the sabre-rattling from Washington versus Iran
                           and despite the jump of  short-term interest rates to a new high.  Instead, our
                           examination of new highs tonight shows a number of bullish flat top breakouts
                           on (red) high volume.  This often happens just as the market begins a new surge. 
                           Stay long IWM, WEAT, some low priced Oil stocks and the most bullish MAXCP
                           ETFs and stocks.  Since many of our bearish MINCPs have remained quite weak,
                           hold a few of these as long as their Closing Powers stay below their 21-dma
                           and their IP21s do not turn positive.

Charts 5/8/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/8/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/508/BULLISH.htm                                         Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/508/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/08/18 DIA and FAS show weak relative strength. IWM is 7.1% stronger over last 50 trading days. It has the highest IP21 among the 6 general market ETFs at top in table below. MDY and IWM show rising Closing Powers. IWM remains favored. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 243.42 0 239.11 55.2% Bearish BLUE .044 ----- --------------------------------------------------------------------------------------------- COMPQX 7266.9 1.69 7100.9 95.1% ---- BLUE .043 .032 --------------------------------------------------------------------------------------------- SPY 266.92 0 263.2 36.6% Bearish BLUE .056 .013 --------------------------------------------------------------------------------------------- QQQ 166.07 -.17 161.82 100.6% ---- BLUE .037 .027 --------------------------------------------------------------------------------------------- MDY 348.23 1.16 341.08 95% Bullish BLUE .019 .052 --------------------------------------------------------------------------------------------- IWM 157.83 .78 154.65 121.2% Bullish BLUE .126 .071 --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- FAS 65.64 .87 62.34 129.7% ---- BLUE -.073 -.066 --------------------------------------------------------------------------------------------- RETL 33 -.21 34.23 -129.4% Bearish ---- -.105 -.06 --------------------------------------------------------------------------------------------- SOXL 144.5 3.01 126.18 625.6% ---- BLUE .057 -.123 --------------------------------------------------------------------------------------------- TECL 127.38 .5 116.64 428.3% ---- BLUE .09 -.026 --------------------------------------------------------------------------------------------- IBB 102.41 -.59 102.68 -79.9% Bearish RED -.057 -.029 --------------------------------------------------------------------------------------------- GLD 124.59 .02 123.65 35.4% Bullish BLUE -.101 .038 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .114 --------------------------------------------------------------------------------------------- OIH 27.59 .26 27.15 125.5% Bullish BLUE .243 .158 --------------------------------------------------------------------------------------------- GASL 21.86 .98 21.03 140.6% Bullish BLUE .211 .202 --------------------------------------------------------------------------------------------- UGA 33.87 .12 33.05 85.2% Bullish RED .367 .106 --------------------------------------------------------------------------------------------- UUP 24.47 .09 24.4 37% Bullish ---- .144 .095 --------------------------------------------------------------------------------------------- IEF 101.42 -.17 101.37 3.4% Bearish ---- -.103 .044 --------------------------------------------------------------------------------------------- XLU 49.96 -1.28 51.35 -140.2% Bearish RED -.081 .048 --------------------------------------------------------------------------------------------- WEAT 6.8 .07 6.91 -101.4% Bullish BLUE .304 .104 --------------------------------------------------------------------------------------------- YINN 32.78 1.25 32.42 9.3% Bullish RED .199 -.169 --------------------------------------------------------------------------------------------- RSX 21.08 .2 20.69 47.8% ---- BLUE .281 -.08 --------------------------------------------------------------------------------------------- AAPL 186.05 .89 176.57 475.3% Bullish BLUE .069 .092 --------------------------------------------------------------------------------------------- GOOG 1053.91 -.88 1024.38 80% Bullish RED -.031 -.026 --------------------------------------------------------------------------------------------- MSFT 95.81 -.41 93.51 42.7% Bearish RED .054 .057 --------------------------------------------------------------------------------------------- AMZN 1592.39 -7.75 1569.68 32% Bearish RED .026 .099 --------------------------------------------------------------------------------------------- FB 178.92 .95 176.07 144% ---- BLUE .083 .02 --------------------------------------------------------------------------------------------- NVDA 250.4 1.72 226.31 495.2% Bullish BLUE .203 .068 --------------------------------------------------------------------------------------------- BA 338.37 -2.06 324.19 133% Bearish RED .116 -.017 --------------------------------------------------------------------------------------------- GS 237 -.2 234.05 7% Bearish RED -.297 -.074 --------------------------------------------------------------------------------------------- HD 185.04 1.48 185.91 11.1% Bullish BLUE .146 .034 --------------------------------------------------------------------------------------------- CAT 149.93 .11 143.86 189.2% Bearish RED -.11 -.032

Table 2 Count of Stocks in Key Directories 20180508 ------------------------------- NEWHIGHS 251 Bullish NEWLOWS 95 MAXCP 105 MINCP 141 Professionals are still net bearish. TTTNH 104 TTTNL 160 Day Traders are still net bearish FASTUP 225 Swing-traders are bullish. FASTDOWN 133 CPCROSSA 112 Professionals are shifting positively CPCROSSD 106 BIGVOLUP 3 BIGVODN 22 Big Money is still dumping numerous stocks.

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180508 No. NHs Pct. =============================================================== MAXCP 105 64 61 % COMPUTER 23 7 30 % HACKERS 24 6 25 % REGBANKS 33 7 21 % SOFTWARE 65 13 20 % NIFTY-30 29 5 17 % MILITARY 38 6 16 % HOSPITAL 7 1 14 % FINANCE 91 10 11 % DOWJONES 30 3 10 % NASD-100 89 9 10 % OILGAS 135 14 10 % FIDSTKS 189 17 9 % DJI-13 13 1 8 % COMODITY 56 4 7 % BIG17 48 3 6 % RUS-1000 825 46 6 % SP-100 96 6 6 % BEVERAGE 20 1 5 % BIOTECH 382 20 5 % ELECTRON 177 9 5 % SP500 481 23 5 % TRANSP 20 1 5 % UTILITY 42 2 5 % GAMING 28 1 4 % SEMI 129 5 4 % CHEM 62 2 3 % INDEXES 195 6 3 % INSURANC 32 1 3 % REIT 175 5 3 % CHINA 62 1 2 % GOLD 50 1 2 % INDMATER 85 2 2 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180508 No. NHs Pct. -------------------------------------------------- MINCP 141 53 38 % BEVERAGE 20 3 15 % PIPELINE 7 1 14 % CHEM 62 5 8 % DJI-13 13 1 8 % DOWJONES 30 2 7 % ETFS 61 4 7 % SP-100 96 7 7 % FIDSTKS 189 12 6 % AUTO 40 2 5 % BIOTECH 382 18 5 % BONDFUND 111 4 4 % GAMING 28 1 4 % INDMATER 85 3 4 % SP500 481 20 4 % GREEN 30 1 3 % INFRA 35 1 3 % MILITARY 38 1 3 % NASD-100 89 3 3 % RUS-1000 825 28 3 % ELECTRON 177 3 2 % FINANCE 91 2 2 % GOLD 50 1 2 % RETAIL 53 1 2 % INDEXES 195 2 1 % OILGAS 135 2 1 % SEMI 129 1 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/8/18 Bullish = 24 Bearish = 23 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 1 1 1 1 .857 REIT .8 .862 .8 .731 .691 .714 HACKERS .791 .791 .75 .625 .625 .666 OILGAS .785 .74 .725 .688 .74 .733 SOFTWARE .707 .723 .707 .63 .646 .661 FOOD .666 .555 .555 .666 .666 .666 COMPUTER .652 .652 .608 .565 .521 .434 REGBANKS .606 .575 .575 .393 .424 .515 GREEN .6 .566 .5 .466 .366 .4 NIFTY .586 .586 .586 .482 .482 .517 GOLD .58 .58 .54 .54 .5 .44 COMODITY .571 .553 .535 .535 .535 .517 GAMING .571 .571 .535 .357 .357 .321 HOSPITAL .571 .714 .714 .714 .714 .428 SOLAR .571 .571 .476 .476 .476 .476 COAL .555 .555 .555 .333 .333 .222 GUNS .555 .555 .555 .444 .388 .388 INFRA .542 .4 .342 .342 .314 .285 HOMEBLDG .529 .588 .529 .529 .411 .411 RUS-1000 .523 .528 .495 .41 .421 .466 UTILITY .523 .738 .785 .714 .738 .761 INDMATER .517 .494 .458 .4 .388 .388 CHEM .516 .483 .451 .37 .387 .403 INDEXES .507 .482 .415 .266 .307 .317 N=24 =========================================================================================== RETAIL .49 .452 .509 .49 .528 .584 DOWJONES .466 .5 .433 .4 .4 .4 NASD-100 .46 .471 .483 .393 .404 .438 SP500 .453 .461 .455 .374 .386 .451 TRANSP .45 .35 .45 .35 .4 .5 SP-100 .447 .427 .416 .343 .343 .395 BIG17 .437 .479 .437 .375 .395 .354 CHINA .435 .419 .403 .354 .338 .338 SEMI .434 .403 .395 .333 .31 .255 FINANCE .428 .439 .351 .307 .362 .34 PIPELINE .428 .428 .142 .142 .285 .285 ELECTRON .423 .395 .389 .322 .322 .271 MILITARY .421 .421 .315 .236 .236 .263 BIOTECH .418 .452 .397 .382 .421 .4 FIDSTKS .417 .46 .439 .37 .349 .417 DJI-13 .384 .461 .384 .384 .384 .307 ETFS .377 .36 .36 .344 .278 .278 BEVERAGE .35 .4 .3 .25 .25 .4 AUTO .325 .3 .3 .25 .25 .225 INSURANC .281 .25 .25 .187 .218 .343 BONDFUND .243 .243 .243 .207 .18 .18 JETS .2 .1 .3 .3 .3 .5 BIGBANKS .142 .142 0 0 0 .142 N=23

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     5/7/2018        Our Peerless Buy B9 did bring a broad rally today.  But as was feared might
                           happen, the DJI and SP-500 seem to have hit a barrier at their falling 65-dma.
                           Now we must wait and see if they can regroup for another try to the upside.
                           That rally may well fail at the upper 2.4% band since the IP21 and V-I Indicators
                           may still be negative when the DJI gets there.



                           Fortunately,   the Russell-2000's ETF, IWM, was our choice for playing the Buy
                           B9 as it was already above its own 65-dma and also showed better internals.  Over
                           the last 50-days, IWM has out-performed the DJI by +5.7% and it is the only major
                           market ETF to show a positive IP21 (current Accummulation). IWM, I suspect,
                           is more likely to rally now until it reaches its own resistance, which is based on
                           its recent highs.

                                                    Let's Plan to sell IWM at 159.5



                           Hang onto your longs.  The average DJI gain after a Peerless Buy signal is more
                           than 10%.  A little sidewise digestion of the recent gains would be contructive.
                           Watch the number of the NYSE Advances and Declines.  That is important now.
                           Today there were 784 more up than down.  This reflects both good economic
                           growth and a view that much higher interest rates do not lie immediately ahead.
                           If rates stay low, that will help smaller companies and if inflation does heat up,
                           traders will need to play smaller growth stocks and bullish special situations,
                           like the oil stocks I have mentioned.  74% of the 135 Oil/Gas stocks we have
                           in that select directory are now above their 65-dma and the group is
                           out-performing the DJI by 7.4% over the last 50 trading days.  In the past,
                           a good way to play the advance here is to watch Crude Oil.  So long as
                           its IP21 is positive and it says above its 65-dma, look for higher prices.

Charts 5/7/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/7/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/507/BULLISH.htm                                       Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/507/BEARISH.htm

                                 A Wild Advance in Select Lower Priced Stocks May Be Coming.

                           It has been a long time since low-priced stocks have caught the fancy of traders. 
                           That occasionally happens at the end of a long bull markets (notably 1968 - electronics
                           stocks, 1976-1977 - oil stocks, 1999 - biotech and internet stocks and 2008 - oil stocks)
                           when the Public finally is invited to the party and gets excited about by the hype in
                           a particular industry.  My guess now is that low-priced oil stocks are the most likely
                           to play this role again.

                           A May 2008 TigerSoft Hotline shows the way Oil Stocks surged wildly just as the
                           overall market was topping out.
                                http://www.tigersoftware.com/00XXX2008hlmarch/index.html

                           In the next chart, we see how easy it was to sell when to sell Crude Oil at or very
                           near the top in 2008.  USO is still in the run-up stage now.




                                                     Low Priced stocks are still weak. 



                          Our index of 225 Low Priced stocks still looks very weak.  Its own A/D Line
                           is falling and its IP21 (not shown here) has been negative for months.  So, we are
                           not yet at a point we the Public is interested in speculating.  Perhaps, they just
                           are too much in debt or lack the funds.  This suggests to me that we should
                           simply be selling IWM on its rally up to its recent highs.  (I do not have
                           a Tiger Index of the 2000 stocks that make up the Russell-2000.) 
                           My Russell-1000 (actually only 800) Index chart also shows prices caught in a
                           trading range with very negative Accumulation).

Table 1 QUICKSILVER on ETFS - 05/07/18 Closing Powers are still apt to falter when they meet their falling 21-dma. DIA and FAS show weak relative strength. IWM is 5.7% stronger over last 50 trading days. Only it has positive IP21 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 243.42 .9 240.76 39.1% Bearish RED -.021 ==== --------------------------------------------------------------------------------------------- COMPQX 7265.21 55.59 7130.7 139.7% Bearish BLUE -.03 .028 --------------------------------------------------------------------------------------------- SPY 266.92 .9 264.98 45.6% Bearish ---- -.003 .009 --------------------------------------------------------------------------------------------- QQQ 166.24 1.37 162.78 163.1% ---- BLUE -.019 .026 --------------------------------------------------------------------------------------------- MDY 347.07 1.88 341.71 96% Bullish BLUE -.054 .039 --------------------------------------------------------------------------------------------- IWM 157.05 1.32 154.07 120.9% Bullish BLUE .038 .057 --------------------------------------------------------------------------------------------- FAS 64.77 1.22 64 104% Bearish BLUE -.123 -.063 --------------------------------------------------------------------------------------------- RETL 33.21 -.45 33.87 -141.9% Bearish RED -.134 -.058 --------------------------------------------------------------------------------------------- SOXL 141.49 3.77 127.94 762.2% Bearish BLUE -.023 -.104 --------------------------------------------------------------------------------------------- TECL 126.88 2.61 117.06 600% ---- BLUE .023 -.001 --------------------------------------------------------------------------------------------- IBB 103 .65 104.05 -31.6% Bearish BLUE -.077 -.032 --------------------------------------------------------------------------------------------- GLD 124.57 .03 123.71 -.8% Bullish BLUE -.091 .025 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .099 --------------------------------------------------------------------------------------------- OIH 27.33 .13 26.91 35.1% Bullish RED .171 .134 --------------------------------------------------------------------------------------------- GASL 20.88 .42 21.28 -118.2% Bullish RED .062 .16 --------------------------------------------------------------------------------------------- UGA 33.75 .05 33.3 -22.4% Bullish RED .372 .095 --------------------------------------------------------------------------------------------- UUP 24.38 .05 24.29 51.5% Bullish ---- .172 .075 --------------------------------------------------------------------------------------------- IEF 101.59 -.05 101.35 -5.4% Bearish ---- -.066 .032 --------------------------------------------------------------------------------------------- XLU 51.24 -.27 51.4 -31.1% Bullish RED -.021 .055 --------------------------------------------------------------------------------------------- WEAT 6.73 -.15 6.94 7.2% Bullish RED .327 .101 --------------------------------------------------------------------------------------------- YINN 31.53 -.47 32.72 -199.4% Bullish BLUE .145 -.186 --------------------------------------------------------------------------------------------- RSX 20.88 -.26 20.88 -33.4% ---- RED .087 -.084 --------------------------------------------------------------------------------------------- AAPL 185.16 1.33 169.1 570.8% Bullish ---- .003 .093 --------------------------------------------------------------------------------------------- GOOG 1054.79 6.58 1037.31 181.8% Bullish BLUE -.07 -.026 --------------------------------------------------------------------------------------------- MSFT 96.22 1.06 95 143.2% Bearish BLUE -.006 .06 --------------------------------------------------------------------------------------------- AMZN 1600.14 19.19 1582.26 108% Bearish BLUE -.016 .104 --------------------------------------------------------------------------------------------- FB 177.97 1.36 173.86 171% ---- BLUE .052 .008 --------------------------------------------------------------------------------------------- NVDA 248.68 9.62 227.14 516.8% Bullish BLUE .111 .049 --------------------------------------------------------------------------------------------- BA 340.43 6 329.54 103.9% Bearish BLUE .081 -.008 --------------------------------------------------------------------------------------------- GS 237.2 2.26 236.67 -24% Bearish BLUE -.285 -.073 --------------------------------------------------------------------------------------------- HD 183.56 -1.47 184.63 -33.6% Bullish RED .059 .012 --------------------------------------------------------------------------------------------- CAT 149.82 3.45 144.42 188.9% Bearish BLUE -.142 -.04

Count of Stocks in Key Directories 20180507 ---------------------- -------- NEWHIGHS 225 Bullish NEWLOWS 63 MAXCP 79 MINCP 99 Professionals are still more bearish. TTTNH 108 TTTNL 97 FASTUP 241 Swing traders are still bullish. FASTDOWN 108 CPCROSSA 65 CPCROSSD 63 BIGVOLUP 0 There were none Monday. BIGVODN 10 ACCUMVER 10 HIGHIP21 56 HIUPPCT 146 VHIP21 28 LOWACCUM 405 REDSELL 203 AUGSELS7 38 TRAPDOOR 34

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180507 No. NHs Pct. ===============================================================- MAXCP 79 54 68 % COMPUTER 23 5 22 % HACKERS 24 5 21 % COMODITY 56 9 16 % SOFTWARE 65 10 15 % HOSPITAL 7 1 14 % NIFTY 30 4 13 % DOWJONES 30 3 10 % NASD-100 89 8 9 % REGBANKS 33 3 9 % DJI-13 13 1 8 % BIG17 46 3 7 % FIDSTKS 189 13 7 % OILGAS 135 10 7 % INSURANC 32 2 6 % BIOTECH 382 21 5 % CHINA 62 3 5 % FINANCE 91 5 5 % MILITARY 38 2 5 % REIT 176 9 5 % RUS-1000 825 39 5 % SP-100 96 5 5 % UTILITY 42 2 5 % GAMING 28 1 4 % GOLD 50 2 4 % SP500 481 20 4 % CHEM 62 2 3 % INDEXES 195 6 3 % ELECTRON 177 4 2 % INDMATER 85 2 2 % RETAIL 53 1 2 % SEMI 128 2 2 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180507 No. NHs Pct. -------------------------------------------------- PIPELINE 7 2 29 % MINCP 99 29 29 % ETFS 61 5 8 % BEVERAGE 20 1 5 % BONDFUND 111 5 5 % COMODITY 56 3 5 % INDMATER 85 4 5 % GOLD 50 2 4 % ELECTRON 177 5 3 % INFRA 35 1 3 % INSURANC 32 1 3 % MILITARY 38 1 3 % BIOTECH 382 9 2 % CHEM 62 1 2 % FIDSTKS 189 4 2 % NASD-100 89 2 2 % OILGAS 135 3 2 % SEMI 128 3 2 % SP500 481 9 2 % FINANCE 91 1 1 % INDEXES 195 1 1 % RUS-1000 825 11 1 % SP-100 96 1 1 %

Table 4 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/7/18 Bearish = 26 - This is still a problem. Bullish = 20 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 1 1 1 .857 .857 REIT .863 .801 .732 .693 .71 .67 HACKERS .791 .75 .625 .625 .625 .708 OILGAS .74 .725 .688 .74 .725 .733 UTILITY .738 .785 .714 .738 .761 .738 SOFTWARE .723 .707 .63 .646 .661 .646 HOSPITAL .714 .714 .714 .714 .428 .428 COMPUTER .652 .608 .565 .521 .478 .391 NIFTY .6 .6 .5 .5 .533 .466 HOMEBLDG .588 .529 .529 .411 .411 .411 GOLD .58 .54 .54 .5 .4 .42 REGBANKS .575 .575 .393 .424 .484 .484 GAMING .571 .535 .357 .357 .321 .321 SOLAR .571 .476 .476 .476 .476 .523 GREEN .566 .5 .466 .366 .4 .433 COAL .555 .555 .333 .333 .222 .333 FOOD .555 .555 .666 .666 .666 .777 GUNS .555 .555 .444 .388 .388 .277 COMODITY .553 .535 .535 .535 .517 .517 RUS-1000 .528 .495 .41 .421 .463 .449 N=20 =============================================================================================== DOWJONES .5 .433 .4 .4 .366 .466 =============================================================================================== INDMATER .494 .458 .4 .388 .376 .388 CHEM .483 .451 .37 .387 .403 .338 INDEXES .482 .415 .266 .307 .312 .297 NASD-100 .471 .483 .393 .404 .438 .426 DJI-13 .461 .384 .384 .384 .307 .307 SP500 .461 .455 .374 .386 .446 .449 FIDSTKS .46 .439 .37 .349 .412 .407 BIG17 .456 .413 .347 .391 .326 .304 BIOTECH .452 .397 .382 .421 .392 .374 RETAIL .452 .509 .49 .528 .584 .622 FINANCE .439 .351 .307 .362 .34 .34 PIPELINE .428 .142 .142 .285 .285 .428 SP-100 .427 .416 .343 .343 .385 .437 MILITARY .421 .315 .236 .236 .263 .263 CHINA .419 .403 .354 .338 .338 .354 SEMI .406 .398 .335 .312 .25 .187 BEVERAGE .4 .3 .25 .25 .4 .4 INFRA .4 .342 .342 .314 .257 .314 ELECTRON .395 .389 .322 .322 .265 .203 ETFS .36 .36 .344 .278 .278 .327 TRANSP .35 .45 .35 .4 .5 .5 AUTO .282 .282 .23 .23 .205 .153 INSURANC .25 .25 .187 .218 .343 .343 BONDFUND .243 .243 .207 .18 .162 .126 BIGBANKS .142 0 0 0 .142 .142 JETS .1 .3 .3 .3 .5 .4 N=26

==============================================================================
           5/4/2018  Our Peerless Buy B9 got a real nice boost Friday from the Jobs Report number,
                           +164,000, for April.  The figure was not so high as to give the FED reason to rush to
                            raise rates or so low as to suggest the economy is slowing down dangerously.
                            Bullishly, the March jobs' estimate was revised up +32,000.  The Public saw the
                            new 3.9% unemployment level and quickly concluded that this is bullish for the
                            market. For now they are right.  But if the DJI closes 2.4% over the 21-day ma,
                            about 25,000, we will likely see a new S12 and an S9-V. 

                            As I've been saying, there is considerably more upside potential elsewhere,
                            notably in IWM, in Oils and even the NASDAQ now.


                             
                                                        Buy More IWM and Oil Stocks

                            Because of the B9, I recommended buying IWM on Wednesday. If you bought it at the
                            opening the next day, you paid no more than 154.11.  And I also suggested buying
                            more USO.  It opened the next day at 13.63.  On Friday, IWM moved back above
                            its 65-dma and USO made a bullish flat-top breakout.  Both are looking good for
                            new week.  The best stock recommendation here was in PES.  This is a very, very
                            volatile oil stock.  With Crude on the rise, its leverage should bring another move back up
                            to resistance at $6.50.  Of course, if oil can rise a little more and stay up there, it will
                            go much higher.  GTE is another small oil stock that typically rises and falls a lot
                            with oil prices.  In 2008, with the DJI having topped out, oil stocks and Crude Oil got a
                            very big run, as the "last game in town" for big institutions.  I expect a re-run of this.
                            PES was above $20 and GTE almost reached $9.00 back then.

                                                             DJI's Target Now Is 25,000

                            Although, a Buy B9 brings an average DJI gain of more than 10%, we still have
                            to be concerned that DIA and SPY are below the resistance of their 65-dma.  Profit-
                            taking there is certainly a possibility.  But, for now, we have to be encouraged by the fact
                            that the steep Closing Power downtrends for DIA and SPY have been broken.
                           
                            As for what is bringing about the rally, let us hope that the market is correctly
                            anticipating peaceful changes on the Korean Penninsula.  I'm also thinking that
                            Trumps recent appointments to the FOMC clearly understand the importance to
                            Trump and the Republican Party that the economy not be allowed to falter now
                            because of a market decline of more than 10% from its highs. 

                            Whatever, the thinking behind the rally, most chartists have spotted the just completed fifth
                            successful test of 23400-23500.  There is no point in being short the general market.
                            We will cover most of our shorts on the Tiger Stocks' Hotline.  Technically,  the market
                            must now rally to determine where the overhead resistance is. 

                            Watch AAPL.   This stock played a big role in last week's turnaround. The news
                            there is that both Warren Buffett and AAPL itself are big buyers. It is reported
                            that the company has using its repartiated billions of dollars in overseas profits
                            to purchasing massive amounts of its own shares,  more shares in the last three months
                            than ever before.  AAPL, of course, plays a big role in the QQQ and the NASDAQ,
                            both of which are bullishly back above their 65-dma and also in the DJIA.  AAPL
                            made a new high on Friday but still shows a negative IP21.  That makes it risky to
                            chase in here.

Charts 5/4/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/4/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/504/BULLISH.htm                                       Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/504/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/04/18 Closing Powers are still apt to falter when they meet their falling 21-dma. DIA and FAS show weak relative strength. IWM is 5.2% stronger over last 50 trading days. Only it has positive IP21 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 242.52 3.42 241.54 -8.9% Bearish BLUE -.05 ------ --------------------------------------------------------------------------------------------- COMPQX 7209.62 121.47 7066.27 63.2% Bearish BLUE -.066 .028 --------------------------------------------------------------------------------------------- SPY 266.02 3.4 264.51 -10.2% Bearish BLUE -.05 .012 --------------------------------------------------------------------------------------------- QQQ 164.87 3.07 160.94 85.9% Bearish BLUE -.069 .028 --------------------------------------------------------------------------------------------- MDY 345.19 4.6 340.51 16% ---- BLUE -.077 .037 --------------------------------------------------- ------------------------------------------ IWM 155.73 1.92 153.32 33.7% ---- BLUE .006 .052 --------------------------------------------------------------------------------------------- FAS 63.55 2.07 63.46 -80.7% Bearish BLUE -.162 -.049 --------------------------------------------------------------------------------------------- RETL 33.66 .49 34.17 -251.7% Bearish BLUE -.149 -.014 --------------------------------------------------------------------------------------------- SOXL 137.72 9.26 121.91 461.1% Bearish BLUE -.057 -.082 --------------------------------------------------------------------------------------------- TECL 124.27 6.7 112.76 398.9% Bearish BLUE -.015 .027 --------------------------------------------------------------------------------------------- IBB 102.35 1.07 103.65 -157.6% Bearish BLUE -.119 -.028 --------------------------------------------------------------------------------------------- GLD 124.54 .26 124.59 -38.6% ---- BLUE -.093 .014 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .089 --------------------------------------------------------------------------------------------- OIH 27.2 .33 27.14 -3.7% Bullish BLUE .217 .146 --------------------------------------------------------------------------------------------- GASL 20.46 .97 21.37 -132% Bullish BLUE .074 .22 --------------------------------------------------------------------------------------------- UGA 33.7 .33 33.9 -17.9% Bullish BLUE .431 .1 --------------------------------------------------------------------------------------------- UUP 24.33 .03 24.13 61.9% Bullish RED .162 .065 --------------------------------------------------------------------------------------------- IEF 101.64 .01 101.7 2.5% Bearish RED -.026 .027 --------------------------------------------------------------------------------------------- XLU 51.51 .23 51.56 -19.4% Bullish BLUE -.035 .078 --------------------------------------------------------------------------------------------- WEAT 6.88 -.16 6.72 219.4% Bullish RED .43 .113 --------------------------------------------------------------------------------------------- YINN 32 .19 32.82 -104.6% Bullish BLUE .132 -.142 --------------------------------------------------------------------------------------------- RSX 21.14 .18 21.02 -35.8% ---- BLUE .075 -.082 --------------------------------------------------------------------------------------------- AAPL 183.83 6.94 165.26 632.5% Bullish BLUE .001 .094 --------------------------------------------------------------------------------------------- GOOG 1048.21 24.49 1017.33 88.5% ---- BLUE -.104 -.025 --------------------------------------------------------------------------------------------- MSFT 95.16 1.09 93.52 -35% Bearish BLUE -.05 .065 --------------------------------------------------------------------------------------------- AMZN 1580.95 8.88 1566.13 26.5% Bearish BLUE -.068 .092 --------------------------------------------------------------------------------------------- FB 176.61 2.59 172 86.8% ---- BLUE .007 .015 --------------------------------------------------------------------------------------------- NVDA 239.06 6.07 224.9 279.7% ---- BLUE .029 .015 --------------------------------------------------------------------------------------------- BA 334.43 3.74 333.56 -97.2% Bearish BLUE .043 -.032 --------------------------------------------------------------------------------------------- GS 234.94 1.53 238.33 -102.8% Bearish BLUE -.298 -.073 --------------------------------------------------------------------------------------------- HD 185.03 1.84 184.8 -38.6% Bullish BLUE .041 .026 --------------------------------------------------------------------------------------------- CAT 146.37 2.59 144.36 57.2% Bearish BLUE -.161 -.051

Table 2 Count of Stocks in Key Directories 20180504 ------------------------------- NEWHIGHS 190 OK NEWLOWS 45 MAXCP 99 OK MINCP 56 TTTNH 104 OK TTTNL 84 FASTUP 159 positive FASTDOWN 140 CPCROSSA 151 Bullish CPCROSSD 27 BIGVOLUP 4 BIGVODN 10

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180504 No. NHs Pct. =============================================================== MAXCP 99 67 68 % COMODITY 56 11 20 % HACKERS 24 4 17 % COMPUTER 23 3 13 % SOFTWARE 65 8 12 % OILGAS 136 12 9 % DJI-13 13 1 8 % DOWJONES 30 2 7 % NIFTY 29 2 7 % UTILITY 42 3 7 % GOLD 50 3 6 % INSURANC 32 2 6 % NASD-100 89 5 6 % BIOTECH 383 18 5 % FIDSTKS 189 9 5 % RUS-1000 825 41 5 % TRANSP 20 1 5 % FINANCE 91 4 4 % GAMING 28 1 4 % SP-100 96 4 4 % SP500 481 21 4 % CHEM 62 2 3 % MILITARY 38 1 3 % REGBANKS 33 1 3 % REIT 176 6 3 % CHINA 62 1 2 % ELECTRON 177 4 2 % RETAIL 53 1 2 % SEMI 128 3 2 % INDMATER 85 1 1 % INDEXES 195 2 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180504 No. NHs Pct. -------------------------------------------------- MINCP 56 14 25 % PIPELINE 7 1 14 % BEVERAGE 20 1 5 % COMODITY 56 3 5 % MILITARY 38 2 5 % SOFTWARE 65 3 5 % ETFS 61 2 3 % INFRA 35 1 3 % INSURANC 32 1 3 % BONDFUND 111 2 2 % GOLD 50 1 2 % INDMATER 85 2 2 % RETAIL 53 1 2 % SEMI 128 2 2 % BIOTECH 383 5 1 % ELECTRON 177 1 1 % FIDSTKS 189 2 1 % FINANCE 91 1 1 % INDEXES 195 1 1 % OILGAS 136 2 1 % RUS-1000 825 10 1 % SP500 481 4 1 %

TABLE 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/4/18 BEARISH = 28 BULLISH = 18 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 1 1 .857 .857 1 REIT .801 .732 .693 .71 .659 .715 UTILITY .785 .714 .738 .761 .738 .738 HACKERS .75 .625 .625 .625 .708 .708 OILGAS .72 .683 .735 .72 .727 .705 HOSPITAL .714 .714 .714 .428 .428 .571 SOFTWARE .707 .63 .646 .661 .646 .661 COMPUTER .608 .565 .521 .478 .391 .478 NIFTY .586 .482 .482 .517 .448 .551 REGBANKS .575 .393 .424 .484 .484 .545 COAL .555 .333 .333 .222 .333 .222 FOOD .555 .666 .666 .666 .777 .888 GUNS .555 .444 .388 .388 .277 .277 GOLD .54 .54 .5 .4 .42 .58 COMODITY .535 .535 .535 .517 .517 .571 GAMING .535 .357 .357 .321 .321 .285 HOMEBLDG .529 .529 .411 .411 .411 .647 RETAIL .509 .49 .528 .584 .622 .698 N=18 ============================================================================================ GREEN .5 .466 .366 .4 .433 .5 ============================================================================================ RUS-1000 .495 .41 .421 .463 .447 .496 NASD-100 .483 .393 .404 .438 .426 .46 SOLAR .476 .476 .476 .476 .523 .571 INDMATER .458 .4 .388 .376 .376 .423 SP500 .455 .374 .386 .446 .446 .48 CHEM .451 .37 .387 .403 .338 .451 TRANSP .45 .35 .4 .5 .5 .6 FIDSTKS .439 .37 .349 .412 .407 .423 DOWJONES .433 .4 .4 .366 .466 .5 SP-100 .416 .343 .343 .385 .427 .468 INDEXES .415 .266 .307 .312 .292 .348 BIG17 .413 .347 .391 .326 .304 .304 CHINA .403 .354 .338 .338 .338 .338 SEMI .398 .335 .312 .25 .171 .203 BIOTECH .396 .381 .422 .394 .37 .42 ELECTRON .389 .322 .322 .265 .192 .242 DJI-13 .384 .384 .384 .307 .307 .307 ETFS .36 .344 .278 .278 .311 .36 FINANCE .351 .307 .362 .34 .329 .439 INFRA .342 .342 .314 .257 .314 .314 MILITARY .315 .236 .236 .263 .263 .394 AUTO .3 .25 .25 .225 .175 .225 BEVERAGE .3 .25 .25 .4 .4 .4 JETS .3 .3 .3 .5 .4 .4 INSURANC .25 .187 .218 .343 .343 .437 BONDFUND .243 .207 .18 .162 .126 .126 PIPELINE .142 .142 .285 .285 .428 .285 BIGBANKS 0 0 0 .142 .142 .142 N=28

==============================================================================
           5/3/2018  Yesterday's Buy B9 was repeated today.  The track record of Buy B9s
                            is very good, but as I noted last night, none of the past B9s in May had such
                            a low IP21 (current Accumulation Index reading).  That could create a
                            problem here, just as the three S9s in the last three months might.

------------------------------------------------------------------------------------------------------------
Flash: Boosting the market today is the Labor Department's Job Report

Payroll employment increases by 164,000 in April; unemployment rate edges down to 3.9%
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                            I also admit to being worried also by the fact that resistance posed the falling
                            65-dma in the DJI is not far enough overhead to permit much of a rally and
                            also by how quickly the DJI jumped up 350 points in only two hours from its
                            critical support level.  It was as though someone with a lot of money drove the
                            DJI up away from the key support just so that that key level might not be taken
                            out by big sellers playing with leveraged ETFs and futures. 

Charts 5/3/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/2/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/503/BULLISH.htm                                     Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/503/BEARISH.htm

                            I would suggest that another test of 23200-23500 would seem likely.  If you look
                            back at other recent cases where we had a highly visible, well-tested support, it may
                            be that the DJI will have to make a nominal new closing low just below the support
                            before it can turn up.  This would be a "bear trap".  See some examples below.

2010                                                 Bear Trap

2011                                                                                     Bear Trap

2013                                                                                Bear Trap

                                                           Another Failed Rally?

                            And who's to say, tomorrow will be an up-day.  I keep saying that Professionals
                            seem very bearish and are very quick to sell into all rallies.  We see this in lots
                            of the statistics again tonight.  Most of the recent Candle-Sticks for the major
                            market ETFs have been red (bearish).  Secondly, the key ETFs' Closing Powers are
                            still in downtrends and at 12-month lows.  Thirdly, the number of MINCPS still dwarfes
                            the number of MAXCPs.  Fourthly, Day Traders are bearish many more stocks than
                            they are bullish. And fifth, big down-day stocks vastly outnumber the stocks making
                            big gains on high volume. (See these statistics in Table 2).

                                            Very Weak Closing Powers - Professional Selling
                                                      Strong Openings - Public Buying
                                                             Charts of DIA and SPY

                                                             Limited Upside Potential?

                            The increasing pace downward of the 65-dma for DIA, NASDAQ, QQQ
                            and SPY show that the upside potential now is strictly limited.  It's not clear
                            at this point how Peerless can profitably get a Sell signal to reverse the
                            present Buy B9.  As a result,  I think that we should still want the CP downtrend-
                            lines to break before we can turn bullish on a particular ETF, especially DIA.

                           There appears to be a lot more upside potential in Oil Stocks.  But that
                            will work against the general market because it signifies inflation and rising
                            interest rates.

                                                     Why Are Professionals Still Selling?

                            The reason is still not clear.  More important is that they are.

                            We can guess, though.  Today's surprise admission by the President that he personally
                            was responsible for paying off a porn star right before the last election so she would
                            not reveal his infidelity to his family-values supporters and that his personal lawyer
                            lied about making the pay-off himself, brings, I would think,  the Special Prosecutor's
                            noose that much closer to Trump.  This cannot help the market.  Perhaps, this is the
                            sort of news that Professionals are expecting. 

                            But it may be something else is causing Prodessional selling.  To impeach Trump in
                            1919 (and that's a year away), the Democrats will need to win back the House of
                             Representatives in the Fall.  The President could still pull off two diplomatic
                             successes that would make all the talk about "Russia-Gate" pale.  He just might
                             be able to bring about the de-nuclearization of North Korea and he may gain
                             some bragging rights in the coming Chinese trade talks. 

                             Most Americans vote their pocket books.  If the DJI does not hold above 23200-
                             23400, I would think it will fall back to 20500.  That could lose the control of
                             the House for Republicans.  So, a lot depends on whether this support that is
                             being tested will hold.  And Wall Street is of two minds about it, right now.

                             The Oil stocks still look like the best longs.  There remain lots of Bearish MINCPs
                             to hedge with while holding long IWM, because it has been the best perfoming
                             major market ETF for the last two months.

                     

Table 1 QUICKSILVER on ETFS - 05/03/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 239.1 -.01 242.95 -83.2% Bearish BLUE -.071 0 --------------------------------------------------------------------------------------------- COMPQX 7088.15 -12.75 7119.8 -21.5% Bearish BLUE -.101 .017 --------------------------------------------------------------------------------------------- SPY 262.62 -.58 266.56 -69.6% Bearish BLUE -.078 .007 --------------------------------------------------------------------------------------------- QQQ 161.8 -.02 162.09 -5.9% Bearish BLUE -.101 .016 --------------------------------------------------------------------------------------------- MDY 340.59 -.49 344.1 -59.3% Bearish BLUE -.082 .029 --------------------------------------------------------------------------------------------- IWM 153.81 -.84 154.69 -35.6% Bearish RED .009 .045 --------------------------------------------------------------------------------------------- FAS 61.48 -.86 64.57 -213.5% Bearish RED -.205 -.082 --------------------------------------------------------------------------------------------- RETL 33.17 -1.06 35.38 -165.7% Bearish RED -.116 -.027 --------------------------------------------------------------------------------------------- SOXL 128.46 2.28 126.09 -19% Bearish BLUE -.133 -.141 --------------------------------------------------------------------------------------------- TECL 117.57 .93 115.03 74.5% Bearish BLUE -.075 -.017 --------------------------------------------------------------------------------------------- IBB 101.28 -1.4 105.61 -192.8% Bearish RED -.178 -.037 --------------------------------------------------------------------------------------------- GLD 124.28 .63 125.5 -27.7% Bearish RED -.115 .024 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .096 --------------------------------------------------------------------------------------------- OIH 26.87 -.28 27.22 -93.9% Bullish RED .209 .165 --------------------------------------------------------------------------------------------- GASL 19.49 -1.54 21.01 -517% Bullish RED .112 .183 --------------------------------------------------------------------------------------------- UGA 33.37 .32 33.82 -56.6% Bullish BLUE .404 .111 --------------------------------------------------------------------------------------------- UUP 24.3 -.1 24.03 51.7% Bullish ---- .197 .068 --------------------------------------------------------------------------------------------- IEF 101.63 .26 101.59 10.3% Bearish ---- -.044 .035 --------------------------------------------------------------------------------------------- XLU 51.28 -.07 51.71 8.7% Bullish ---- .012 .085 --------------------------------------------------------------------------------------------- WEAT 7.04 .13 6.58 439% Bullish BLUE .477 .158 --------------------------------------------------------------------------------------------- YINN 31.81 -.61 32.68 -114.9% Bearish BLUE .085 -.155 --------------------------------------------------------------------------------------------- RSX 20.96 .27 21.29 -66.6% ---- ---- .068 -.063 --------------------------------------------------------------------------------------------- AAPL 176.89 .32 162.32 378.2% ---- BLUE -.079 .069 --------------------------------------------------------------------------------------------- GOOG 1023.72 -.66 1030.05 -79.2% Bearish BLUE -.165 -.044 --------------------------------------------------------------------------------------------- MSFT 94.07 .56 95.82 -10.1% Bearish BLUE -.071 .063 --------------------------------------------------------------------------------------------- AMZN 1572.07 2.39 1572.62 173.2% Bearish BLUE -.057 .095 --------------------------------------------------------------------------------------------- FB 174.02 -2.05 173.59 -4% Bearish RED -.008 .013 --------------------------------------------------------------------------------------------- NVDA 232.99 6.68 226.33 171.9% Bearish BLUE -.044 0 --------------------------------------------------------------------------------------------- BA 330.69 6.5 340.88 -181% Bearish BLUE .045 -.027 --------------------------------------------------------------------------------------------- GS 233.41 -.64 239.8 -140.5% Bearish BLUE -.306 -.079 --------------------------------------------------------------------------------------------- HD 183.19 -2.72 186.46 -68.2% ---- RED .037 .036 --------------------------------------------------------------------------------------------- CAT 143.78 -.08 144.72 -87.4% Bearish BLUE -.175 -.039

Table 2 Count of Stocks in Key Directories 20180503 ------------------------------- NEWHIGHS 107 NEWLOWS 124 ugh MAXCP 77 MINCP 356 ugh TTTNH 80 TTTNL 543 ugh FASTUP 113 FASTDOWN 172 ugh CPCROSSA 50 CPCROSSD 101 ugh BIGVOLUP 1 BIGVODN 23 ugh

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180503 No. NHs Pct. =============================================================== MAXCP 77 41 53 % EDU 7 1 14 % HOSPITAL 7 1 14 % HACKERS 24 3 13 % SOFTWARE 65 6 9 % OILGAS 137 9 7 % TRANSP 20 1 5 % BIG17 48 2 4 % GAMING 28 1 4 % GOLD 50 2 4 % FIDSTKS 189 5 3 % FINANCE 91 3 3 % RUS-1000 825 28 3 % SEMI 128 4 3 % BIOTECH 383 9 2 % CHEM 62 1 2 % CHINA 62 1 2 % COMODITY 56 1 2 % ELECTRON 177 3 2 % NASD-100 89 2 2 % REIT 176 3 2 % RETAIL 53 1 2 % SP500 481 11 2 % UTILITY 42 1 2 % INDMATER 85 1 1 % INDEXES 195 1 1 % SP-100 96 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180503 No. NHs Pct. -------------------------------------------------- MINCP 356 78 22 % BEVERAGE 20 4 20 % PIPELINE 7 1 14 % INSURANC 32 4 13 % SP500 481 34 7 % CHEM 62 4 6 % INDMATER 85 5 6 % SOFTWARE 65 4 6 % AUTO 40 2 5 % FIDSTKS 189 10 5 % MILITARY 38 2 5 % RUS-1000 825 45 5 % SP-100 96 5 5 % BIOTECH 383 17 4 % COMPUTER 23 1 4 % NASD-100 89 4 4 % OILGAS 137 5 4 % RETAIL 53 2 4 % DOWJONES 30 1 3 % ETFS 65 2 3 % GREEN 30 1 3 % INDEXES 195 6 3 % INFRA 35 1 3 % REGBANKS 33 1 3 % BONDFUND 111 2 2 % ELECTRON 177 3 2 % GOLD 50 1 2 % SEMI 128 2 2 % FINANCE 91 1 1 % REIT 176 1 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/3/18 Bearish = 35 Bullish = 12 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 1 .857 .857 1 .857 REIT .732 .693 .71 .659 .71 .568 HOSPITAL .714 .714 .428 .428 .571 .428 UTILITY .714 .738 .761 .738 .738 .714 OILGAS .678 .729 .715 .722 .686 .693 | FOOD .666 .666 .666 .777 .888 .555 SOFTWARE .63 .646 .661 .646 .661 .646 HACKERS .625 .625 .625 .708 .708 .75 COMPUTER .565 .521 .478 .391 .434 .434 GOLD .54 .5 .4 .42 .58 .56 COMODITY .535 .535 .517 .517 .571 .535 HOMEBLDG .529 .411 .411 .411 .588 .588 ============================================================================================ RETAIL .49 .528 .584 .622 .679 .622 NIFTY .482 .482 .517 .448 .551 .586 SOLAR .476 .476 .476 .523 .571 .571 GREEN .466 .366 .4 .433 .5 .5 GUNS .444 .388 .388 .277 .277 .444 RUS-1000 .41 .421 .463 .447 .493 .48 DOWJONES .4 .4 .366 .466 .5 .5 INDMATER .4 .388 .376 .376 .435 .494 NASD-100 .393 .404 .438 .426 .46 .426 REGBANKS .393 .424 .484 .484 .545 .515 DJI-13 .384 .384 .307 .307 .307 .307 BIOTECH .381 .422 .394 .37 .415 .412 BIG17 .375 .416 .354 .333 .312 .354 SP500 .374 .386 .446 .446 .478 .453 CHEM .37 .387 .403 .338 .435 .5 FIDSTKS .37 .349 .412 .407 .423 .423 GAMING .357 .357 .321 .321 .285 .321 CHINA .354 .338 .338 .338 .338 .306 TRANSP .35 .4 .5 .5 .65 .45 SP-100 .343 .343 .385 .427 .468 .427 INFRA .342 .314 .257 .314 .314 .342 ETFS .338 .276 .276 .307 .353 .307 SEMI .335 .312 .25 .171 .21 .234 COAL .333 .333 .222 .333 .222 .222 ELECTRON .322 .322 .265 .192 .237 .259 FINANCE .307 .362 .34 .329 .417 .439 JETS .3 .3 .5 .4 .5 .2 INDEXES .266 .307 .312 .292 .328 .353 AUTO .25 .25 .225 .175 .225 .225 BEVERAGE .25 .25 .4 .4 .4 .4 MILITARY .236 .236 .263 .263 .394 .421 BONDFUND .207 .18 .162 .126 .117 .063 INSURANC .187 .218 .343 .343 .437 .468 PIPELINE .142 .285 .285 .428 .142 .285 BIGBANKS 0 0 .142 .142 .142 .142 N= 35

==============================================================================
           5/2/2018  Today Peerless gave a  Buy B9  The DJI closed 1.6% below a rising 21-dma
                            with the P-I still positive, +110.  We also can see from our Peerless chart that
                            the three key indicators in the DJI chart are rising.  Peerless users must now cover
                            their shorts of DIA. But a closer test of 23200-23400 would not be inconsistent
                            with the new Buy B9. 



                            The sharply falling Closing Powers for DIA and SPY make me hesitate to recommend
                            them until their Closing Powers downtrend-lines are broken.  DIA has been the
                            weakest major market ETF for the last month.  All its rallies seem to quickly fail.
                            And of course, a breakdown below DIA-232 (or 23200-23400 for the DJI) would
                            have to be judged a Sell S10 and put all the major market ETFs at great risk. 




                            Buy IWM and some of the oil stocks mentioned below.



                                               
                                               BUY B9s Are Reliably Bullish.

                            My most recent study shows that there have been 58 Buy B9s (where the signals are
                            all separated from each other by at least a week) since 1928.  They averaged a
                            gain of 10.8% at the time of the next Peerless Sell.  Only 2 produced a loss.  Note
                            that 11 of the 58 Buy B9s would have have required a trader of the DJI to sustain
                            a paper loss 1% to 3.7%.  In 27 cases, they called the bottom perfectly and there
                            was no paper loss.  The other 20 would have brought a maximum paper loss of 1%.

                            May Buy B9s have all been profitable.  The average gain was 7.3% and the
                            average Paper loss for May B9s was 1%. But none of the May B9s
                            occurred with an IP21 so negative.  It is now -.096.

                                                                     What To Do.

                            So, while traders should cover their shorts on DIA because of the Buy B9,
                            we have to be cautious about buying DIA.  Instead, I would Buy IWM.  Of
                            all the major market ETFs, it shows the most positive IP21 (current Accumulation)
                            and ITRS (stock's or ETF's 50-day pct change minus DJI's 50-day pct change.)
                            Stay short your bearish MINCPs.  They remain weak.  Buy some of the bullish
                            MAXCPs, low priced oil stocks like PES and LGCY and some of the oil refineries
                            that now could be takeover candidates: Delek Holdings (DK), Holly (HFC) and
                            VLO.

                                                       JUNE Buy B9s: 1929-2018

                                                           DJI          Gain                           Paper Loss
                            19350531      B9      110.64      .198      none              0 
                             la/ma=.973   AROC=+.203  P=32 (-11) IP21= -.026  V=-32
                            -------------------------------------------------------------------
                            19670519      B9       874.55     .063      844.77         -.0340   6/5
                             la/ma=.981   AROC=-.054  P=+9 (-22) IP21= +.008  V=+5
                            -------------------------------------------------------------------
                            19750528      B9       817.04     .058      815.06         -.0024  5/29
                             la/ma=.978   AROC=+.100  P=+69 (-7 ) IP21= -.002  V=+0
                            -------------------------------------------------------------------
                            19770525      B9       903.24     .028      898.83         -.0048  5/27
                             la/ma=.971   AROC=-.158  P=+47 (-26 ) IP21= +.006  V=+0
                            -------------------------------------------------------------------
                            19960507      B9     5420.95    .06         none              0
                             la/ma=.979   AROC=-.372  P=+41 (+82 ) IP21=-.034  V=-4
                            --------------------------------------------------------------------  
                            19990524      B9   10654.67    .030       10466.9       -.0176 5/27
                             la/ma=.978   AROC=-.038  P=+31 (-59 ) IP21=+.028  V=-37
                            ------------------------------------------------------------------
                                                          Avg.Gain =.073       Avg.Paper Loss= .0103

                            5/1/2018       B9     23924.98
                            la/ma=.984   AROC= -.053  P=+110 (-74 ) IP21=-.096  V=-33  

Charts 5/2/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/2/2018  (Click on Underlined link.)                          Bullish MAXCPs -   http://tigersoft.com/4XXH/MAXCPS/502/BULLISH.htm                                   Bearish MAXCPs -  http://tigersoft.com/4XXH/MINCPS/502/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 05/02/18 The 5-dma trends are mixed. Most still show falling Cloing Powers. But now most of the major ETFs show a positive IP21 (except FAS, SOXL and TECL). IWM shows the highest ITRS and IP21 and shows a rising 5-dma. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 239.11 -1.65 243.12 -32.9% Bearish RED -.056 None --------------------------------------------------------------------------------------------- COMPQX 7100.9 -29.8 7118.68 68.5% Bearish RED -.05 .023 --------------------------------------------------------------------------------------------- SPY 263.2 -1.78 266.31 -8.1% Bearish RED -.074 .011 --------------------------------------------------------------------------------------------- QQQ 161.82 -.96 161.99 98.3% Bearish RED -.081 .02 --------------------------------------------------------------------------------------------- MDY 341.08 -.63 344.65 -33% Bearish RED -.047 .034 --------------------------------------------------------------------------------------------- IWM 154.65 .58 154.91 14.6% ---- BLUE .047 .058 --------------------------------------------------------------------------------------------- FAS 62.34 -1.66 64.2 -61.8% Bearish RED -.198 -.075 --------------------------------------------------------------------------------------------- RETL 34.23 .36 34.31 196.3% Bullish BLUE -.005 .013 --------------------------------------------------------------------------------------------- SOXL 126.18 -1.76 128.94 186% Bearish RED -.118 -.177 --------------------------------------------------------------------------------------------- TECL 116.64 -.42 115.85 295.3% Bearish RED -.052 -.038 --------------------------------------------------------------------------------------------- IBB 102.68 -1.37 105.3 -27.8% Bearish RED -.098 -.019 --------------------------------------------------------------------------------------------- GLD 123.65 -.06 124.97 -70.5% Bearish RED -.125 .021 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .102 --------------------------------------------------------------------------------------------- OIH 27.15 .24 27.38 18.4% Bullish BLUE .256 .162 --------------------------------------------------------------------------------------------- GASL 21.03 -.25 21.69 11.8% Bullish RED .189 .175 --------------------------------------------------------------------------------------------- UGA 33.05 -.25 33.75 -49.1% Bullish BLUE .354 .109 --------------------------------------------------------------------------------------------- UUP 24.4 .11 24.05 95.5% Bullish BLUE .23 .082 --------------------------------------------------------------------------------------------- IEF 101.37 .02 101.42 11.8% Bearish ---- -.038 .036 --------------------------------------------------------------------------------------------- XLU 51.35 -.05 51.19 65.3% Bullish RED .024 .079 --------------------------------------------------------------------------------------------- WEAT 6.91 -.03 6.45 270.8% Bullish ---- .405 .134 --------------------------------------------------------------------------------------------- YINN 32.42 -.3 32.56 33.7% ---- RED .083 -.097 --------------------------------------------------------------------------------------------- RSX 20.69 -.19 21.24 -54.6% ---- RED .07 -.063 --------------------------------------------------------------------------------------------- AAPL 176.57 7.47 164.22 391.7% Bullish BLUE -.064 .069 --------------------------------------------------------------------------------------------- GOOG 1024.38 -12.93 1040.04 15.5% Bearish RED -.135 -.03 --------------------------------------------------------------------------------------------- MSFT 93.51 -1.49 94.26 63.7% Bearish RED -.039 .05 --------------------------------------------------------------------------------------------- AMZN 1569.68 -12.58 1517.96 355.6% Bearish RED -.035 .11 --------------------------------------------------------------------------------------------- FB 176.07 2.21 174.16 479.9% Bearish BLUE .05 .041 --------------------------------------------------------------------------------------------- NVDA 226.31 -.83 225.22 215.4% Bearish RED -.002 -.05 --------------------------------------------------------------------------------------------- BA 324.19 -5.35 342.79 -276.2% Bearish RED .076 -.041 --------------------------------------------------------------------------------------------- GS 234.05 -2.62 240.09 -108.4% Bearish RED -.328 -.075 --------------------------------------------------------------------------------------------- HD 185.91 1.28 185.72 231.8% Bullish BLUE .078 .037 --------------------------------------------------------------------------------------------- CAT 143.86 -.56 146.31 -45.9% Bearish RED -.168 -.034

Table 2 Count of Stocks in Key Directories 20180502 ------------------------------- NEWHIGHS 124 Bullish NEWLOWS 102 MAXCP 64 MINCP 406 Professionals remain bearish. TTTNH 78 TTTNL 366 Day Traders are Bearish FASTUP 146 Swing Traders are more bullish than bearish. FASTDOWN 135 CPCROSSA 136 Professions are becoming more bullish. CPCROSSD 57 BIGVOLUP 6 BIGVODN 20

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180502 No. NHs Pct. =============================================================== MAXCP 64 26 41 % EDU 7 2 29 % HACKERS 24 5 21 % HOSPITAL 7 1 14 % SOFTWARE 66 5 8 % BIG17 46 2 4 % COMPUTER 23 1 4 % GAMING 28 1 4 % GOLD 50 2 4 % OILGAS 137 5 4 % AUTO 40 1 3 % BIOTECH 383 12 3 % FINANCE 91 3 3 % REGBANKS 33 1 3 % CHEM 62 1 2 % ELECTRON 177 4 2 % FIDSTKS 189 3 2 % INDMATER 85 2 2 % RETAIL 53 1 2 % RUS-1000 825 20 2 % SEMI 128 3 2 % NASD-100 89 1 1 % SP-100 96 1 1 % SP500 481 7 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180502 No. NHs Pct. -------------------------------------------------- BEVERAGE 20 6 30 % MINCP 406 69 17 % COMPUTER 23 2 9 % SP-100 96 8 8 % DOWJONES 30 2 7 % SP500 481 34 7 % CHEM 62 4 6 % FIDSTKS 189 12 6 % AUTO 40 2 5 % INDMATER 85 4 5 % MILITARY 38 2 5 % RUS-1000 825 43 5 % BONDFUND 111 4 4 % GAMING 28 1 4 % NASD-100 89 4 4 % BIOTECH 383 10 3 % ETFS 65 2 3 % GREEN 30 1 3 % INDEXES 195 5 3 % INFRA 35 1 3 % INSURANC 32 1 3 % REGBANKS 33 1 3 % SOFTWARE 66 2 3 % CHINA 62 1 2 % ELECTRON 177 3 2 % RETAIL 53 1 2 % OILGAS 137 2 1 % REIT 176 1 1 % SEMI 128 1 1 % BIG17 46 0 % BIGBANKS 7 0 % COAL 9 0 % COMODITY 56 0 % DJI-13 13 0 % EDU 7 0 % FIDELITY 41 0 % FINANCE 91 0 % FOOD 9 0 % GOLD 50 0 % HACKERS 24 0 % HOMEBLDG 17 0 % HOSPITAL 7 0 % JETS 10 0 % NIFTY 29 0 % PIPELINE 7 0 % SOLAR 21 0 % TRANSP 20 0 % UTILITY 42 0 % MAXCP 64 0 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/2/18 Bearish = 35 Bullish = 11 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 .857 .857 1 .857 1 UTILITY .738 .761 .738 .738 .714 .714 OILGAS .729 .715 .722 .686 .686 .686 HOSPITAL .714 .428 .428 .571 .428 .714 REIT .693 .71 .659 .71 .562 .437 FOOD .666 .666 .777 .888 .555 .555 SOFTWARE .636 .651 .636 .651 .636 .545 HACKERS .625 .625 .708 .708 .75 .708 COMODITY .535 .517 .517 .571 .535 .535 RETAIL .528 .584 .622 .679 .622 .471 COMPUTER .521 .478 .391 .434 .434 .434 N=11 ============================================================================================ GOLD .5 .4 .42 .58 .56 .52 ============================================================================================ NIFTY .482 .517 .448 .551 .586 .275 SOLAR .476 .476 .523 .571 .571 .428 REGBANKS .424 .484 .484 .545 .515 .575 BIOTECH .422 .394 .37 .415 .412 .383 RUS-1000 .421 .463 .447 .493 .478 .433 HOMEBLDG .411 .411 .411 .588 .588 .352 NASD-100 .404 .438 .426 .46 .426 .348 DOWJONES .4 .366 .466 .5 .5 .366 TRANSP .4 .5 .5 .65 .45 .6 BIG17 .391 .326 .304 .304 .304 .282 GUNS .388 .388 .277 .277 .388 .5 INDMATER .388 .376 .376 .435 .494 .447 CHEM .387 .403 .338 .435 .5 .483 SP500 .386 .446 .446 .478 .451 .407 DJI-13 .384 .307 .307 .307 .307 .23 GREEN .366 .4 .433 .5 .5 .433 FINANCE .362 .34 .329 .417 .428 .406 GAMING .357 .321 .321 .285 .321 .25 FIDSTKS .349 .412 .407 .423 .423 .38 SP-100 .343 .385 .427 .468 .427 .343 CHINA .338 .338 .338 .338 .306 .29 COAL .333 .222 .333 .222 .222 .222 ELECTRON .322 .265 .192 .237 .259 .242 INFRA .314 .257 .314 .314 .342 .257 SEMI .312 .25 .171 .21 .234 .195 INDEXES .307 .312 .292 .328 .348 .312 JETS .3 .5 .4 .5 .2 .4 PIPELINE .285 .285 .428 .142 .285 .142 ETFS .276 .276 .307 .353 .276 .2 AUTO .25 .225 .175 .225 .225 .225 BEVERAGE .25 .4 .4 .4 .4 .25 MILITARY .236 .263 .263 .394 .394 .5 INSURANC .218 .343 .343 .437 .437 .468 BONDFUND .18 .162 .126 .117 .063 .063 BIGBANKS 0 .142 .142 .142 .142 .142 N=35

==============================================================================
     5/1/2018       Our Peerless S9 still operates and the Closing Powers for the major market ETFs
                          remain in falling trends.  The DJI did rebound a little from its 2% lower band. This
                          is also approximately where its rising 200-dma crosses.  So, one could take profits
                          from the S9 shorts with this support having held. 

                          But for most of us, I think it would be better to be patient and stay short DIA
                          and some of the Bearish MINCPs.  A breakdown below the 23200-23400 support
                          remains a distinctly bearish possibility, especially as the market moves towards the more
                          risky period after Mid-May.  The chances are good that the next rally will fail just
                          the last one did.  The key ETFs' Closing Powers are all falling and the falling 65-dma
                          will likely stop the next rally, should it advance that far.






                         

Charts 5/1/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          5/1/2018  (Click on Underlined link.)                          Bullish MAXCPs -  http://tigersoft.com/4XXH/MAXCPS/501/BULLISH.htm                                 Bearish MAXCPs - http://tigersoft.com/4XXH/MINCPS/501/BEARISH.htm

                                           Follow The DJI's Lead Is The Lesson of Peerless

                          Should we be worried by the fact that the DJI is weaker than SPY, QQQ or the NASDAQ?
                          "Not yet" is my answer.  These other indexes are still below their falling 65-day moving
                           averages and show falling Closing Powers. 
.
                           However, if Peerless gives a new Buy Signal and DIA's Closing Power breaks
                           its downtrend, then I would become bullish, close out the DIA shorts and probably
                           buy the strongest of the major ETFs, based on IP21 and ITRS levels.  (See Table 1)
                          
                          We learn from history.  And market history shows that there are a number of cases where
                          the DJI lead the rest of the market much lower.  Another way of saying this is that we just
                          can't always count on the DJI-30 staying strong until the bull market's "bitter end" with
                          a lagging NYSE A/D Line telling us when to sell.  There are a number of important
                          exceptions to this pattern showing the most common way market tops are formed. 

                          By my thinking, we now have three Sell S9s. This shows the market is getting ripe for a
                          bigger decline.  The bull market is now 8 years old.  A wave of profit-taking and a 20%
                          DJI decline is long over-due.  In addition, a breakdown below the well-tested 23200-23400
                          flat support may, I've suggested, act much like the DJI's breaking a very visible neckline in
                          a conspiculously bearish head and shoulders pattern.  As I mentioned a few nights ago,
                          head/shoulders patterns can by themselves produce major market tops in their own right. 
                          The bear markets of 1941, 1946, 1962 and 1971 all featured big and ugly head/shoulders
                          tops, not A/D line divergences. 

                          Rising interest rates and oil prices are quite capable of producing big declines.  More than
                          Nixon's near impeachment, this is what caused the long bear market from from January
                          1973 to December 1974.   In another case, that of the 1976-1978 bear market, the DJI
                          fell for 18 months, even though many Oil and NASDAQ stocks made new highs and held
                          up very well for the first 8 or 9 months of the DJI's decline.  And of course, Oil stocks
                          kept rising 8 months after the DJI peaked on October 2007.  So, stay long Oil stocks
                          for now.

                                Watch Short-Term Rates, Food Commodities and Oil Most Closely

                         Today, short-term interest rates came bounding back to their recent highs.  We must also
                          keep watching the rise now in food commodites as well as oil prices. Their rises could
                          make the FED become quite "hawkish".   What seems, so far, to have saved the US Bull
                          Market here is that the Dollar has conveniently turned up as the Euro has become weak
                          and Gold and Silver are dawdling.   (The weakness in the Euro may explain some of the
                          over-night gains in the US market's Indexes.)  But at some point, Gold will start rising
                          and the signs of Inflation will be sufficiently clear to cause the Fed to rush up our interest
                          rates and even as the Jobs Reports shows more and more lay-offs.  It is this combination
                          which will make the market become dangerous.  But we are not there yet.  Right
                          now, short-term rates are still 1 1/4% below what I take to be dangerous levels for them,
                          based on what stopped the Eisenhower bull market in July 1957.
                          
                         The NASDAQ, QQQ and SPY remain vulnerable, too.  They have been unable to rise
                          above their own 65-day moving averages.  Each of their rallies to these levels seems to
                          bring a reversal.  This shows patient and well-planned big-money selling into strength.
                          This is another way to detect important "Distribution".  So, it's a difficult market for most
                          stock traders on the long side unless they accept very small trading gains on most trades
                          or play with special situations (like oil refinery takeovers) or do some buying in the
                          Food ETNs, like CORN and WEAT, that have recently turned up convincingly from their
                          65-dma.

Table 1 QUICKSILVER on ETFS - 05/01/18 The 5-dma trends and IP21s are mixed for the major ETFs, but most still show falling Cloing Powers. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 240.76 -.78 240.7 13.9% Bearish BLUE .06 ====== --------------------------------------------------------------------------------------------- COMPQX 7130.7 64.43 7003.74 87.3% Bearish BLUE -.012 .029 --------------------------------------------------------------------------------------------- SPY 264.98 .47 263.63 37.8% Bearish BLUE .009 .015 --------------------------------------------------------------------------------------------- QQQ 162.78 1.84 158.65 134.6% Bearish BLUE -.003 .031 --------------------------------------------------------------------------------------------- MDY 341.71 1.2 W343.34 -21.9% ---- BLUE .045 .033 --------------------------------------------------------------------------------------------- IWM 154.07 .75 W154.2 -11.7% ---- BLUE .097 .049 --------------------------------------------------------------------------------------------- FAS 64 .54 63.13 43.9% Bearish BLUE -.127 -.06 --------------------------------------------------------------------------------------------- RETL 33.87 -.3 32.89 226.2% ---- ---- .024 -.056 --------------------------------------------------------------------------------------------- SOXL 127.94 6.03 121.52 241.4% Bearish BLUE -.068 -.122 --------------------------------------------------------------------------------------------- TECL 117.06 4.3 109.9 318.1% Bearish BLUE .03 -.026 --------------------------------------------------------------------------------------------- IBB 104.05 .4 103.26 37.4% Bearish BLUE -.037 -.013 --------------------------------------------------------------------------------------------- GLD 123.71 -.88 W125.41 -100.5% ---- RED -.081 .011 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .106 --------------------------------------------------------------------------------------------- OIH 26.91 -.23 W27.05 16.6% Bullish RED .284 .148 --------------------------------------------------------------------------------------------- GASL 21.28 -.09 20.98 211% Bullish ---- .274 .202 --------------------------------------------------------------------------------------------- UGA 33.3 -.6 W33.38 -14.9% Bullish RED .313 .12 --------------------------------------------------------------------------------------------- UUP 24.29 .16 23.94 93.8% Bullish ---- .169 .087 --------------------------------------------------------------------------------------------- IEF 101.35 -.35 101.13 0% Bearish RED -.067 .038 --------------------------------------------------------------------------------------------- XLU 51.4 -.16 50.68 71.3% Bullish RED .04 .07 --------------------------------------------------------------------------------------------- WEAT 6.94 .22 6.55 428.4% Bullish BLUE .422 .124 --------------------------------------------------------------------------------------------- YINN 32.72 -.1 32.2 -26% ---- BLUE .138 -.138 --------------------------------------------------------------------------------------------- RSX 20.88 -.14 W20.92 -21.3% Bullish RED .124 -.047 --------------------------------------------------------------------------------------------- AAPL 169.1 3.84 163.65 188.2% ---- BLUE -.072 .025 --------------------------------------------------------------------------------------------- GOOG 1037.31 19.98 1021.18 84.5% Bearish BLUE -.075 -.008 --------------------------------------------------------------------------------------------- MSFT 95 1.48 92.31 100.2% Bearish BLUE .03 .077 --------------------------------------------------------------------------------------------- AMZN 1582.26 16.13 1460.17 403.1% Bearish BLUE .013 .137 --------------------------------------------------------------------------------------------- FB 173.86 1.86 159.69 422.2% Bearish BLUE .086 .025 --------------------------------------------------------------------------------------------- NVDA 227.14 2.24 216.66 133.3% Bearish BLUE .001 -.024 --------------------------------------------------------------------------------------------- BA 329.54 -4.02 W342.86 7.1% Bearish RED .15 -.027 --------------------------------------------------------------------------------------------- GS 236.67 -1.66 W239.23 -121.3% Bearish RED -.27 -.071 --------------------------------------------------------------------------------------------- HD 184.63 -.17 177.39 229.8% Bullish BLUE .069 .032 --------------------------------------------------------------------------------------------- CAT 144.42 .06 W145.19 -.7% Bearish BLUE -.112 -.031

Table 2 Count of Stocks in Key Directories 20180501 Directory Number ------------------------------- NEWHIGHS 92 NEWLOWS 85 Bears are not in control. MAXCP 33 MINCP 248 Professionals are mostly bearish. TTTNH 50 TTTNL 489 Day Traders are mostly bearish. FASTUP 110 FASTDOWN 132 Swing Traders are mixed. CPCROSSA 160 Professionals are not increasing in numbers. CPCROSSD 28 BIGVOLUP 3 BIGVODN 17 Dumping continues. TRAPDOOR 28

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180501 No. NHs Pct. MAXCP 33 18 55 % HOSPITAL 7 1 14 % FOOD 9 1 11 % HACKERS 24 2 8 % SOFTWARE 66 4 6 % BIG17 48 2 4 % BIOTECH 382 14 4 % GAMING 28 1 4 % AUTO 40 1 3 % DOWJONES 30 1 3 % INSURANC 32 1 3 % NASD-100 89 3 3 % NIFTY 29 1 3 % CHEM 62 1 2 % CHINA 62 1 2 % COMODITY 55 1 2 % FINANCE 91 2 2 % GOLD 50 1 2 % OILGAS 137 3 2 % REIT 176 3 2 % RUS-1000 825 14 2 % ELECTRON 176 1 1 % FIDSTKS 189 2 1 % INDMATER 85 1 1 % SEMI 127 1 1 % SP-100 96 1 1 % SP500 481 6 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180501 It is bullish that new lows do not dominate any industry. No. NLs Pct. ------------------------------------------------------------------- ------------------------------------------------------------------- MINCP 248 46 19 % BEVERAGE 20 3 15 % CHEM 62 7 11 % AUTO 40 3 7 % GREEN 30 2 7 % HOMEBLDG 17 1 6 % INFRA 35 2 6 % SP-100 96 6 6 % BONDFUND 111 5 5 % INDMATER 85 4 5 % BIOTECH 382 14 4 % FIDSTKS 189 7 4 % GAMING 28 1 4 % GOLD 50 2 4 % RETAIL 53 2 4 % SP500 481 20 4 % DOWJONES 30 1 3 % ELECTRON 176 5 3 % RUS-1000 825 28 3 % ETFS 65 1 2 % OILGAS 137 3 2 % SEMI 127 2 2 % SOFTWARE 66 1 2 % FINANCE 91 1 1 % INDEXES 195 1 1 % NASD-100 89 1 1 %

RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 5/1/18 Bearish = 35 Bullish = 10 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU .857 .857 1 .857 1 1 UTILITY .761 .738 .738 .714 .714 .714 OILGAS .715 .722 .686 .686 .686 .664 REIT .71 .659 .71 .562 .414 .431 FOOD .666 .777 .888 .555 .555 .222 SOFTWARE .651 .636 .651 .636 .545 .666 HACKERS .625 .708 .708 .75 .708 .75 RETAIL .584 .622 .679 .622 .452 .433 NIFTY .517 .448 .551 .586 .275 .31 COMODITY .509 .509 .563 .527 .545 .527 N=10 ============================================================================================ JETS .5 .4 .5 .2 .4 .3 TRANSP .5 .5 .65 .45 .55 .3 -------------------------------------------------------------------------------------------- REGBANKS .484 .484 .545 .515 .575 .636 COMPUTER .478 .391 .434 .434 .434 .478 SOLAR .476 .523 .571 .571 .428 .523 RUS-1000 .463 .447 .493 .478 .429 .416 SP500 .446 .446 .478 .451 .403 .382 NASD-100 .438 .426 .46 .426 .348 .337 HOSPITAL .428 .428 .571 .428 .714 .714 FIDSTKS .412 .407 .423 .423 .38 .391 HOMEBLDG .411 .411 .588 .588 .294 .235 CHEM .403 .338 .435 .5 .483 .435 BEVERAGE .4 .4 .4 .4 .25 .35 GOLD .4 .42 .58 .56 .5 .6 GREEN .4 .433 .5 .5 .433 .433 BIOTECH .392 .371 .416 .413 .384 .366 GUNS .388 .277 .277 .388 .5 .444 SP-100 .385 .427 .468 .427 .343 .343 INDMATER .376 .376 .435 .494 .447 .4 DOWJONES .366 .466 .5 .5 .366 .4 BIG17 .354 .333 .333 .333 .291 .291 INSURANC .343 .343 .437 .437 .468 .468 FINANCE .34 .329 .417 .428 .406 .461 CHINA .338 .338 .338 .306 .29 .29 GAMING .321 .321 .285 .321 .25 .321 INDEXES .312 .292 .328 .348 .317 .312 DJI-13 .307 .307 .307 .307 .23 .153 PIPELINE .285 .428 .142 .285 .142 0 ETFS .276 .307 .353 .276 .2 .23 ELECTRON .267 .193 .238 .261 .244 .284 MILITARY .263 .263 .394 .394 .526 .5 INFRA .257 .314 .314 .342 .257 .228 SEMI .251 .173 .212 .236 .196 .228 AUTO .225 .175 .225 .225 .225 .225 COAL .222 .333 .222 .222 .222 .222 BONDFUND .162 .126 .117 .063 .054 .081 BIGBANKS .142 .142 .142 .142 .142 .142 N=35

==============================================================================
     4/30/2018     Professionals have some "dirt" on the market, to use Washington DC terms.

                          The Peerless S9 still operates. Professionals were quick to sell heavily once
                          again on a higher opening.  The DJI turned a 160 point gain today into a 155
                          points loss.  The QQQ was stopped cold at its falling 65-dma.  Day Traders had
                          a wonderful day.  They made money even going short when the DJI fell below
                          the previous close. They will now be emboldened to sell into any new rallies.
                         
                          What is striking is that Professionals are now bearish on 10 times more stocks than
                          they are bullish.  We see this in the lopsided 10:1 ratio of Closing Power new lows
                          to Closing Power new highs.  We also see this in the fact that the major market ETFs'
                          Closing Powers (for DIA, SPY, QQQ, IWM, FAS, SOXL and TECL) each made
                          a 12 month-new low far ahead of their falling prices even though they are still holding
                          well above their key support levels. And we see it in the fact that the Hourly DJIA
                          volume expanded again on the decline.  It is reliably bearish when the Hourly
                          DISI-OBV makes a new low far ahead of DJI prices



.                                        Professional Selling in Key ETFs is Quite Pronounced.
                                        ------------------------------------------------------

                                                  4/30        Key Support
                                                  -------    --------------
                                        DIA    241.54    232.50               CP new 12-mo low.
                                             Note the developing continuing H/S in the Hourly DJI
                                             and DIA neckline at 238.
                                        SPY    264.51    253.30               CP new 12-mo low.
                                        QQQ 160.94    150.00                P new 12-mo low.
                                        IWM   153.32    142.62               CP new 12-mo low.
                                        FAS      63.46      57.45               CP new 12-mo low
                                        SOXL 121.91   115.84               CP new 12-mo low
                                        TECL   112.76     94.69               CP new 12-mo low


                        
                          Our Stocks' Hotline is short lots of the Bearish MINCPs.  That is what I've
                          suggested here, besides shorting DIA.  If you must be long, I have recommended
                          that it be in Oil ETFs and the highest IP21 Oil Stocks.  That strategy paid off
                          nicely today,  if you went long refiner ANDV when it made a new high at 125
                          last week with a confirming high IP21 of .292 and an AI/200 of 159. 
                          Today, Marathon is reported to be bidding $150/share to take it over.  There
                          may be other refiners who will be bid for.  VLO is making new highs and
                          has an IP21 of  .37.  Look also at HFC.  The Trump Administration will be
                          be very helpful here, posing no unforeseen anti-trust problems and no unduly
                          strict environmental requirements on this industry. Meanwhile, oil prices are rising
                          convincingly.



                          Another group for longs to consider is in food commodities.   DBC, the ETN
                          for food commodites looks technically strong.  Even better, I would say, is
                          WEAT.   Note the cup and handle pattern, the B7 and rising Closing Power
                          plus the positive Accumulation Index.  I would not buy CANE, despite its
                          price strength, because its IP21 is negative.

Charts 4/30/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          4/30/2018  (Click on Underlined link.)                          Bullish MAXCPs -  http://tigersoft.com/4XXH/MAXCPS/430/BULLISH.htm                               Bearish MAXCPs - http://tigersoft.com/4XXH/MINCPS/430/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 04/30/18 So many 5-dma and Bearish Closing Power Trends cannot be good! ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- DIA 241.54 -1.41 240.09 -58% Bearish RED -.002 0 --------------------------------------------------------------------------------------------- COMPQX 7066.27 -53.53 7007.35 -44% Bearish RED -.08 .017 --------------------------------------------------------------------------------------------- SPY 264.51 -2.05 262.98 -38.8% Bearish RED -.058 .012 --------------------------------------------------------------------------------------------- QQQ 160.94 -1.15 158.46 -29.6% Bearish RED -.077 .015 --------------------------------------------------------------------------------------------- MDY 340.51 -3.59 343.21 -76.8% Bearish RED -.044 .03 --------------------------------------------------------------------------------------------- IWM 153.32 -1.37 154.43 -64.6% Bearish RED -.003 .047 --------------------------------------------------------------------------------------------- FAS 63.46 -1.11 63.44 -93.8% Bearish RED -.172 -.066 --------------------------------------------------------------------------------------------- RETL 34.17 -1.21 32.34 302.3% Bearish RED -.051 -.05 --------------------------------------------------------------------------------------------- SOXL 121.91 -4.18 121.95 -123.5% Bearish RED -.136 -.171 --------------------------------------------------------------------------------------------- TECL 112.76 -2.27 109.89 -140.3% Bearish RED -.033 -.066 --------------------------------------------------------------------------------------------- IBB 103.65 -1.96 103.27 -54.6% Bearish RED -.118 -.021 --------------------------------------------------------------------------------------------- GLD 124.59 -.91 126.23 -41% Bullish BLUE -.044 .014 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .105 --------------------------------------------------------------------------------------------- OIH 27.14 -.08 26.82 20.3% Bullish ---- .258 .165 --------------------------------------------------------------------------------------------- GASL 21.37 .36 20.39 19% Bullish BLUE .19 .188 --------------------------------------------------------------------------------------------- UGA 33.9 .08 33.4 -20.8% Bullish BLUE .261 .146 --------------------------------------------------------------------------------------------- UUP 24.13 .1 23.84 54.3% Bullish ---- .162 .087 --------------------------------------------------------------------------------------------- IEF 101.7 .11 101.35 11.3% Bearish BLUE -.045 .043 --------------------------------------------------------------------------------------------- XLU 51.56 -.15 50.67 120.8% Bullish RED .037 .081 --------------------------------------------------------------------------------------------- WEAT 6.72 .14 6.38 341.2% Bullish BLUE .204 .082 --------------------------------------------------------------------------------------------- YINN 32.82 .14 32.89 158.8% ---- RED .086 -.135 --------------------------------------------------------------------------------------------- RSX 21.02 -.27 20.97 -7.1% Bullish RED .111 -.057 --------------------------------------------------------------------------------------------- AAPL 165.26 2.94 162.94 .6% Bearish BLUE -.149 -.001 --------------------------------------------------------------------------------------------- GOOG 1017.33 -12.72 1019.98 -242% Bearish RED -.123 -.023 --------------------------------------------------------------------------------------------- MSFT 93.52 -2.3 93.12 -97.2% Bearish RED -.036 .053 --------------------------------------------------------------------------------------------- AMZN 1566.13 -6.49 1460.09 160.3% Bearish RED -.057 .115 --------------------------------------------------------------------------------------------- FB 172 -1.59 159.69 184.9% Bearish RED .029 -.001 --------------------------------------------------------------------------------------------- NVDA 224.9 -1.43 221.2 22.9% Bearish RED -.069 -.044 --------------------------------------------------------------------------------------------- BA 333.56 -7.32 329.06 -77.9% Bearish RED .136 -.021 --------------------------------------------------------------------------------------------- GS 238.33 -1.47 242.49 -172.6% Bearish RED -.294 -.066 --------------------------------------------------------------------------------------------- HD 184.8 -1.66 176.26 197.6% Bullish RED .011 .041 --------------------------------------------------------------------------------------------- CAT 144.36 -.36 144.44 -327.7% Bearish RED -.164 -.054

Table 2 Count of Stocks in Key Directories 20180430 ------------------------------- NEWHIGHS 68 NEWLOWS 83 Bearish MAXCP 45 MINCP 546 Professionals were very bearish. TTTNH 69 TTTNL 500 Day Traders are also 10:1 bearish. FASTUP 80 FASTDOWN 168 Swing traders are 2:1 bearish. CPCROSSA 43 CPCROSSD 193 Professionals rushed to bearish side today. BIGVOLUP 3 BIGVODN 20 Lots of stocks being dumped.

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180430 No. NHs Pct. ------------------------------------------------------------------- MAXCP 45 18 40 % COMODITY 56 4 7 % BEVERAGE 20 1 5 % SOFTWARE 66 3 5 % GOLD 50 2 4 % HACKERS 24 1 4 % OILGAS 137 6 4 % AUTO 40 1 3 % CHINA 62 2 3 % GREEN 30 1 3 % INSURANC 32 1 3 % BIOTECH 381 8 2 % RETAIL 53 1 2 % ELECTRON 176 1 1 % FIDSTKS 189 2 1 % FINANCE 91 1 1 % NASD-100 89 1 1 % REIT 176 1 1 % RUS-1000 825 7 1 % SEMI 127 1 1 % SP500 481 3 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180430 No. NLs Pct. ------------------------------------------------------------------- ------------------------------------------------------------------- CHEM 62 7 11 % MINCP 546 62 11 % COAL 10 1 10 % DJI-13 13 1 8 % AUTO 40 3 7 % GAMING 28 2 7 % INFRA 35 2 6 % INSURANC 32 2 6 % SEMI 127 7 6 % BEVERAGE 20 1 5 % BIOTECH 381 18 5 % BONDFUND 111 5 5 % ELECTRON 176 9 5 % INDMATER 86 4 5 % SOLAR 21 1 5 % SP-100 96 5 5 % RETAIL 53 2 4 % RUS-1000 825 29 4 % SP500 481 20 4 % DOWJONES 30 1 3 % FIDSTKS 189 5 3 % GREEN 30 1 3 % REGBANKS 33 1 3 % CHINA 62 1 2 % ETFS 65 1 2 % GOLD 50 1 2 % SOFTWARE 66 1 2 % FINANCE 91 1 1 % NASD-100 89 1 1 % OILGAS 137 2 1 % REIT 176 2 1 %

RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 4/30/18 Bearish = 36 Bullish = 10 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU .857 1 .857 1 1 .857 FOOD .777 .888 .555 .555 .222 .222 UTILITY .738 .738 .714 .714 .69 .69 OILGAS .722 .686 .686 .686 .656 .686 HACKERS .708 .708 .75 .708 .75 .791 REIT .659 .71 .562 .414 .42 .357 SOFTWARE .636 .651 .636 .545 .651 .681 RETAIL .622 .679 .622 .452 .415 .452 SOLAR .523 .571 .571 .428 .523 .523 COMODITY .517 .571 .535 .553 .535 .482 N= 10 =============================================================================================== TRANSP .5 .65 .45 .55 .3 .65 =============================================================================================== REGBANKS .484 .545 .515 .575 .606 .545 DOWJONES .466 .5 .5 .366 .4 .4 NIFTY .448 .551 .586 .275 .31 .413 RUS-1000 .447 .493 .478 .429 .413 .456 SP500 .446 .478 .451 .403 .382 .432 GREEN .433 .5 .5 .433 .433 .466 HOSPITAL .428 .571 .428 .714 .714 .714 PIPELINE .428 .142 .285 .142 0 .285 SP-100 .427 .468 .427 .343 .333 .416 NASD-100 .426 .46 .426 .348 .337 .404 GOLD .42 .58 .56 .5 .6 .46 HOMEBLDG .411 .588 .588 .294 .176 .176 FIDSTKS .407 .423 .423 .38 .391 .465 BEVERAGE .4 .4 .4 .25 .35 .35 JETS .4 .5 .2 .4 .3 .5 COMPUTER .391 .434 .434 .434 .478 .478 BIOTECH .372 .417 .414 .385 .37 .398 INDMATER .372 .43 .488 .441 .395 .453 INSURANC .343 .437 .437 .468 .437 .5 CHEM .338 .435 .5 .483 .435 .548 CHINA .338 .338 .306 .29 .29 .306 FINANCE .329 .417 .428 .406 .461 .461 GAMING .321 .285 .321 .25 .321 .5 INFRA .314 .314 .342 .257 .228 .228 DJI-13 .307 .307 .307 .23 .153 .153 ETFS .307 .353 .276 .2 .215 .292 BIG17 .304 .304 .304 .282 .282 .347 COAL .3 .2 .2 .2 .2 .3 INDEXES .287 .328 .348 .317 .317 .374 GUNS .277 .277 .388 .5 .444 .555 MILITARY .263 .394 .394 .526 .5 .578 ELECTRON .193 .238 .261 .244 .284 .289 AUTO .175 .225 .225 .225 .225 .2 SEMI .173 .212 .236 .196 .228 .212 BIGBANKS .142 .142 .142 .142 .142 .142 BONDFUND .126 .117 .063 .054 .081 .036 N = 36

==============================================================================
     4/27/2018     The Peerless S9 still operates. Be patient if you are short.  The S9 could fail.
                          But first we will need to see the DJI, the SP-500, NASDAQ and QQQ
                          get past the resistance of their falling 65-dma.  In addition, I have to point
                          out that the key general market ETFs' Closing Powers are all still falling.  So,
                          we must be particularly wary of declines following up-openings.  The DJI's falling
                          resistance line is quite important. 

                          We are not apt to see a fourth S9 if the DJI should rally to the upper band
                          at 25000.  But unless Boeing can destroy its own head/shoulders pattern, I doubt
                          if the DJI will advance much past its red resistance-line and its falling 65-dma
                          at 24600-24750.  A reversal back down from there would likely re-ignite the
                          bears' aggressiveness and start another sell-off.  So be patient.  At the very
                          least, hedge your long positions with some of the many bearish MINCPs. 
                          Most it is oil stocks which populate the Bullish MAXCPs. 

                          Tomorrow watch: 1)  what happens to BA, 2) if short-term interest rates pull back
                          any further and 3) at the Food Commodity ETNs.  In one way another CORN,
                          WHEAT, SUGAR and SOYBEANS are each starting to look quite Bullish. 
                          (See their charts in the CHARTS' SECTION below.)






                                          270 is SPY's key resistance.  A reversal
                                          down from this level would be bearish.  A
                                          breakout would likely lift it only to its upper
                                          band, from which another retreat would seem
                                          to be the most likely next development. Closing
                                          Power here is still falling and the IP21 is
                                          still negative.
                               


                         


                                      Two More Weeks of Mildly Bullish Seasonality

                         The first two weeks of May have since 1965 been mildly bullish.  The DJI has
                          rallied 63.5% of the time since April 30 over the following two weeks and
                          produced an average 0.5% gain over this period.  But by May 10th, the odds
                          shift more towards favoring a decline.  The two weeks thereafter brought
                          an average decline in the DJI of 0.2%.  From May 15th until June 14th,
                          the DJI falls 55.8% of the time.        

                              BOEING is The Most Important DJI Stock To Watch Now.          

                         I've mentioned that the highest priced DJI stocks (the DJI-13) have much
                          the most weight.  Of these Boeing is by far the most important.  It has
                          stalled exactly at its 65-dma and is not yet suggesting the DJI will move
                          substantially higher.  I would give a bullish interpretation to GS, IBM, UNH,
                          HD and CVX.  The first two show recent red (automatic) Buys and
                          the last three are now moving up past theie 65-dma.  On the other hand,
                          7 of the 13 highest priced DJI stocks are quite a distance below their
                          own 65-dma and are not likely to be of much help in bringing about
                          a DJI rally at this time.  So, much will depend on how BA behaves.  Watch
                          it closely.


                             

Charts 4/27/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          4/27/2018  (Click on Underlined link.)                          Bullish MAXCPs -  http://tigersoft.com/4XXH/MAXCPS/427/BULLISH.htm                             Bearish MAXCPs - http://tigersoft.com/4XXH/MINCPS/427/BEARISH.htm

Table 1 Table 1 QUICKSILVER on ETFS - 04/27/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 242.95 -.17 244.35 -31.5% Bearish ---- .042 ===== --------------------------------------------------------------------------------------------- COMPQX 7119.8 1.12 7128.6 -18.6% Bearish RED -.012 .022 --------------------------------------------------------------------------------------------- SPY 266.56 .25 266.57 -.9% Bearish RED -.005 .014 --------------------------------------------------------------------------------------------- QQQ 162.09 .1 161.89 -6.5% Bearish RED -.024 .022 --------------------------------------------------------------------------------------------- MDY 344.1 -.55 345.8 -25.1% ---- RED .043 .033 --------------------------------------------------------------------------------------------- IWM 154.69 -.22 155.32 -27.8% Bearish RED .027 .049 --------------------------------------------------------------------------------------------- FAS 64.57 .37 64.66 -21.1% Bearish BLUE -.125 -.048 --------------------------------------------------------------------------------------------- RETL 35.38 1.07 32.15 594.4% ---- BLUE .056 -.005 --------------------------------------------------------------------------------------------- SOXL 126.09 -2.85 124.99 -164.9% Bearish RED -.092 -.132 --------------------------------------------------------------------------------------------- TECL 115.03 -.82 115.94 -83.1% Bearish RED .017 -.016 --------------------------------------------------------------------------------------------- IBB 105.61 .31 104.79 31.2% Bearish BLUE -.081 -.012 --------------------------------------------------------------------------------------------- GLD 125.5 .53 125.62 -44.9% Bullish BLUE .014 .004 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .087 --------------------------------------------------------------------------------------------- OIH 27.22 -.16 27.03 70.3% Bullish BLUE .306 .144 --------------------------------------------------------------------------------------------- GASL 21.01 -.68 21.29 90.5% Bullish RED .219 .156 --------------------------------------------------------------------------------------------- UGA 33.82 .07 34.04 68.5% Bullish ---- .265 .137 --------------------------------------------------------------------------------------------- UUP 24.03 -.02 23.87 64.9% Bullish RED .156 .06 --------------------------------------------------------------------------------------------- IEF 101.59 .17 101.47 1% Bearish BLUE -.03 .024 --------------------------------------------------------------------------------------------- XLU 51.71 .52 50.33 139.2% Bullish BLUE .066 .089 --------------------------------------------------------------------------------------------- WEAT 6.58 .13 6.28 203.3% Bullish BLUE .199 .055 --------------------------------------------------------------------------------------------- YINN 32.68 .12 31.79 130.2% Bullish BLUE .148 -.092 --------------------------------------------------------------------------------------------- RSX 21.29 .05 21.05 68.9% Bullish ---- .16 -.052 --------------------------------------------------------------------------------------------- AAPL 162.32 -1.9 165.24 -103.4% Bearish RED -.203 -.005 --------------------------------------------------------------------------------------------- GOOG 1030.05 -9.99 1067.45 -205.4% Bearish RED -.054 -.012 --------------------------------------------------------------------------------------------- MSFT 95.82 1.56 95.35 43.6% Bearish RED .044 .081 --------------------------------------------------------------------------------------------- AMZN 1572.62 54.66 1517.86 150.8% Bearish RED .05 .109 --------------------------------------------------------------------------------------------- FB 173.59 -.57 165.84 221.3% Bearish RED .091 -.008 --------------------------------------------------------------------------------------------- NVDA 226.33 1.11 223.88 -53.3% Bearish RED -.01 -.037 --------------------------------------------------------------------------------------------- BA 340.88 -1.91 338.84 32.6% Bearish RED .184 .014 --------------------------------------------------------------------------------------------- GS 239.8 -.29 246.67 -249.1% Bearish RED -.237 -.061 --------------------------------------------------------------------------------------------- HD 186.46 .74 177.66 264.2% Bullish BLUE .085 .035 --------------------------------------------------------------------------------------------- CAT 144.72 -1.59 153.99 -286.9% Bearish RED -.144 -.059

Table 2 Count of Stocks in Key Directories 20180427 ------------------------------- NEWHIGHS 104 BULLISH NEWLOWS 50 MAXCP 31 MINCP 250 Professionals remain bearish. TTTNH 56 TTTNL 351 Day Traders remain bearish. FASTUP 80 FASTDOWN 149 Swing traders are bearish. CPCROSSA 138 But there is a move to bullish side by Professionals. CPCROSSD 49 BIGVOLUP 1 BIGVODN 7 Dumping continues.

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180427 No. NHs Pct. ------------------------------------------------------------------- ------------------------------------------------------------------- MAXCP 31 17 55 % BEVERAGE 20 3 15 % RETAIL 53 4 8 % GREEN 30 2 7 % INSURANC 32 2 6 % REGBANKS 33 2 6 % SOFTWARE 66 4 6 % SOLAR 21 1 5 % UTILITY 42 2 5 % OILGAS 137 6 4 % RUS-1000 825 31 4 % SP500 481 21 4 % CHINA 62 2 3 % MILITARY 38 1 3 % NASD-100 89 3 3 % BIOTECH 382 9 2 % CHEM 62 1 2 % FIDSTKS 189 4 2 % FINANCE 91 2 2 % GOLD 50 1 2 % SEMI 127 2 2 % ELECTRON 176 1 1 % REIT 176 1 1 %

Table 4 Count of Stocks and New Lows in Key Tiger Directories Date = 180427 No. NLs Pct. ------------------------------------------------------------------- COAL 10 2 20 % MINCP 250 32 13 % HACKERS 24 2 8 % GAMING 28 2 7 % CHEM 62 4 6 % AUTO 40 2 5 % BEVERAGE 20 1 5 % ELECTRON 176 9 5 % SEMI 127 6 5 % SOLAR 21 1 5 % BONDFUND 111 4 4 % BIOTECH 382 11 3 % INFRA 35 1 3 % INSURANC 32 1 3 % SOFTWARE 66 2 3 % CHINA 62 1 2 % ETFS 66 1 2 % FIDSTKS 189 3 2 % GOLD 50 1 2 % NASD-100 89 2 2 % INDMATER 86 1 1 % OILGAS 137 1 1 % RUS-1000 825 12 1 % SP-100 96 1 1 % SP500 481 7 1 %

RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 4/27/18 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 .857 1 1 .857 1 FOOD .888 .555 .555 .222 .222 .333 UTILITY .738 .714 .714 .69 .69 .666 REIT .71 .562 .414 .42 .352 .346 HACKERS .708 .75 .708 .75 .791 .833 OILGAS .686 .686 .686 .656 .686 .671 RETAIL .679 .622 .452 .415 .433 .415 SOFTWARE .651 .636 .545 .651 .681 .666 TRANSP .65 .45 .55 .3 .65 .6 HOMEBLDG .588 .588 .294 .176 .176 .176 GOLD .58 .56 .5 .6 .46 .7 COMODITY .571 .535 .553 .535 .482 .66 HOSPITAL .571 .428 .714 .714 .714 .714 SOLAR .571 .571 .428 .523 .523 .523 NIFTY .551 .586 .275 .31 .413 .413 REGBANKS .545 .515 .575 .606 .545 .424 DOWJONES .5 .5 .366 .4 .4 .366 GREEN .5 .5 .433 .433 .466 .533 JETS .5 .2 .4 .3 .5 .5 RUS-1000 .493 .478 .429 .413 .45 .438 SP500 .478 .451 .403 .382 .428 .407 SP-100 .468 .427 .343 .333 .416 .385 NASD-100 .46 .426 .348 .337 .393 .359 INSURANC .437 .437 .468 .437 .5 .5 CHEM .435 .5 .483 .435 .532 .532 INDMATER .43 .488 .441 .395 .453 .5 FIDSTKS .423 .423 .38 .391 .455 .433 FINANCE .417 .428 .406 .461 .461 .406 BIOTECH .416 .413 .384 .369 .4 .39 COMPUTER .409 .409 .409 .454 .454 .5 BEVERAGE .4 .4 .25 .35 .35 .4 MILITARY .394 .394 .526 .5 .552 .605 ETFS .348 .287 .196 .227 .287 .287 CHINA .338 .306 .29 .29 .306 .306 INDEXES .328 .348 .317 .317 .364 .389 INFRA .314 .342 .257 .228 .228 .257 DJI-13 .307 .307 .23 .153 .153 .153 BIG17 .304 .304 .282 .282 .347 .347 GAMING .285 .321 .25 .321 .464 .392 GUNS .277 .388 .5 .444 .555 .5 ELECTRON .238 .261 .244 .284 .289 .335 AUTO .225 .225 .225 .225 .175 .15 SEMI .204 .228 .188 .22 .204 .244 COAL .2 .2 .2 .2 .3 .3 BIGBANKS .142 .142 .142 .142 .142 .142 PIPELINE .142 .285 .142 0 .285 .142 BONDFUND .117 .063 .054 .081 .036 .036

                       

==============================================================================
     4/26/2018     The Peerless S9 still operates.  The P-Indicator's rise is bullish and
                          may give us a buy signal on a decline to the lower band.  But the
                          DJI is quite capable of leading the market down when breadth
                          looked positive.  Be patient, let the Peerless signals tell us what
                          to do.  Right now, Peerless is saying wait for a decline to the
                          lower band, at least.  Very few Sell S9s don't take the DJI down
                          to the 3% band, at a minimum.  When they cluster as now, they
                          are much more dangerous.



                           
                         We should be very careful of one-day jumps in the DJI that are quickly wiped
                         out by declines.  This is one of the warnings given right before the crashes
                         of 1929, 1987 and 2008.  See the days circled in red.

1929

1987

2008

                          I'm not saying a Crash is imminent.  The internals of the current market
                          have not been negative for many, many months as is 1929.  The A/D Line
                          was much worse in 1929 and 1987.  But the IP21-Accumulation Index
                          was no worse in 2008.  So stick with the S9 until it is reversed.  And definitely,
                          do not trust a quick one or two day jump in the market on mediocre volume
                          when the Closing Powers for the major market ETFs are all falling and the
                          DJI is still below its falling 65-dma. 

                          The P-Indicator keeps rising.  That may allow the market to withstand
                          the DJI's steady dropping down to the critical 23400 support.  But what
                          it will do there if the DJI breaks down, I cannot say for sure right now.
                          My fear is that fund managers will do what they did in October 1987 and
                          buy lots and lots of leveraged negative insurance.  That will be very dangerous
                          and could easily cause a decline that would take the DJI down to 20,000. 
                          At that point, it will be entering "bear market territory" and additional selling
                          would likely follow.

                         But first, if the DJI is going to significantly violate 23200-23400, other segments
                          of the market besides the Blue Chips, REITs and Bond Funds will need to
                          violate their key support levels.  So, we should watch them closely again
                          tonight.   They are:
                                                                             Support   Close Today
                              Semi-Conductors (SOXL)         117         128.94 +7.42 CP falling  IP21=-.105
                              Hospitals  (Tiger Index)               350        343 -18                           IP21=-.271
                              Cable-TVs (MG726)                  860         881.14 -10.55                  IP21=-.238
                              Softdrinks   (MG349)                   1900       1921.20 +20.55               IP21=-.130
                              Personal Products  (MG324)      2950     2993.63 +17.26              IP21=-176
                              Consumer Durables (MG310)       410       412.65 -1.84                    IP21=-.036
                              Conglomerates See below           1047        1035.55 -35.1                 IP21=-.053
                              Pharmaceuticals (XPH)                 39.80    40.76 +.30                      IP21=-.064
                              Emerging Markets (FDC)            14.70     15.39 +.40                      IP21=-.100
                               Home Building (XHB)                   38.62     39.67 +.34                     IP21= +.001

Conglomerates broke their support decisively today.

Charts 4/26/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          4/26/2018  (Click on Underlined link.)                          Bullish MAXCPs -  http://tigersoft.com/4XXH/MAXCPS/426/BULLISH.htm                          Bearish MAXCPs - http://tigersoft.com/4XXH/MINCPS/426/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 04/26/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- DIA 243.12 2.42 244.48 -70.9% Bearish BLUE .006 ----- --------------------------------------------------------------------------------------------- COMPQX 7118.68 114.94 7146.13 -84% Bearish BLUE -.011 .029 --------------------------------------------------------------------------------------------- SPY 266.31 2.68 266.61 -48.5% Bearish BLUE -.036 .015 --------------------------------------------------------------------------------------------- QQQ 161.99 3.34 162.3 -90.5% Bearish BLUE -.032 .028 --------------------------------------------------------------------------------------------- MDY 344.65 1.31 345.83 -47.5% ---- BLUE .042 .042 --------------------------------------------------------------------------------------------- IWM 154.91 .71 155.55 -47.7% Bearish BLUE .017 .057 --------------------------------------------------------------------------------------------- FAS 64.2 1.07 64.84 -70.8% Bearish BLUE -.125 -.016 --------------------------------------------------------------------------------------------- RETL 34.31 1.42 31.5 216.3% Bearish BLUE .022 .007 --------------------------------------------------------------------------------------------- SOXL 128.94 7.42 130.23 -242.2% Bearish BLUE -.104 -.067 --------------------------------------------------------------------------------------------- TECL 115.85 5.95 116.92 -283.9% Bearish BLUE .001 .033 --------------------------------------------------------------------------------------------- IBB 105.3 2.04 104.96 -28.2% Bearish BLUE -.081 -.007 --------------------------------------------------------------------------------------------- GLD 124.97 -.44 126.63 -104.1% Bearish RED -.045 .005 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .075 --------------------------------------------------------------------------------------------- OIH 27.38 .33 26.84 64.9% Bullish BLUE .271 .156 --------------------------------------------------------------------------------------------- GASL 21.69 .71 20.63 134.1% Bullish BLUE .167 .278 --------------------------------------------------------------------------------------------- UGA 33.75 .37 33.36 94.1% Bullish BLUE .285 .142 --------------------------------------------------------------------------------------------- UUP 24.05 .11 23.72 98.8% Bullish BLUE .231 .041 --------------------------------------------------------------------------------------------- IEF 101.42 .29 101.57 -24.1% Bearish ---- -.064 .005 --------------------------------------------------------------------------------------------- XLU 51.19 .51 50.3 42.5% Bullish BLUE .039 .055 --------------------------------------------------------------------------------------------- WEAT 6.45 -.1 6.32 -23.4% Bullish ---- .15 .014 --------------------------------------------------------------------------------------------- YINN 32.56 .36 31.84 -101.9% Bullish BLUE .144 -.029 --------------------------------------------------------------------------------------------- RSX 21.24 .32 21 -26.1% Bullish BLUE .151 -.04 --------------------------------------------------------------------------------------------- AAPL 164.22 .57 165.72 -258.3% Bearish BLUE -.226 .013 --------------------------------------------------------------------------------------------- GOOG 1040.04 18.86 1072.96 -226.1% Bearish BLUE -.022 .003 --------------------------------------------------------------------------------------------- MSFT 94.26 1.95 95 -98% Bearish BLUE .003 .063 --------------------------------------------------------------------------------------------- AMZN 1517.96 57.79 1527.49 -129.4% Bearish BLUE .161 .087 --------------------------------------------------------------------------------------------- FB 174.16 14.47 166.28 184.8% ---- BLUE .1 .02 --------------------------------------------------------------------------------------------- NVDA 225.22 8.56 228.71 -85.3% Bearish BLUE -.019 -.018 --------------------------------------------------------------------------------------------- BA 342.79 -.07 338.67 31.8% Bearish RED .199 .013 --------------------------------------------------------------------------------------------- GS 240.09 .86 251.96 -285.1% Bearish BLUE -.207 -.046 --------------------------------------------------------------------------------------------- HD 185.72 8.33 177.01 244% Bullish BLUE .035 .025 --------------------------------------------------------------------------------------------- CAT 146.31 1.12 153.25 -311.9% Bearish BLUE -.139 -.036

Table 2 Count of Stocks in Key Directories 20180426 ------------------------------- NEWHIGHS 120 Bullish NEWLOWS 51 MAXCP 38 MINCP 233 Professionals remain solidly bearish. TTTNH 50 TTTNL 321 Day Traders are clearly more bearish than bullish. FASTUP 71 FASTDOWN 156 Swing traders are 2:1 bearish. CPCROSSA 181 Professions did jump to positive side today. CPCROSSD 46 BIGVOLUP 2 BIGVODN 21 Big Money Dumping is quite high.

Table 3 Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180426 No. NHs Pct. ------------------------------------------------------------------- MAXCP 38 30 79 % OILGAS 137 18 13 % RETAIL 53 4 8 % GAMING 28 2 7 % INSURANC 32 2 6 % REGBANKS 33 2 6 % SOFTWARE 66 4 6 % BEVERAGE 20 1 5 % FIDSTKS 189 7 4 % HACKERS 24 1 4 % RUS-1000 825 31 4 % SP500 481 20 4 % DOWJONES 30 1 3 % FINANCE 91 3 3 % GREEN 30 1 3 % NIFTY 29 1 3 % SP-100 96 3 3 % BIOTECH 383 6 2 % CHEM 62 1 2 % CHINA 62 1 2 % COMODITY 56 1 2 % INDMATER 86 2 2 % NASD-100 89 2 2 % SEMI 128 2 2 % UTILITY 42 1 2 % ELECTRON 176 2 1 % INDEXES 195 2 1 %

Table 5 Count of Stocks and New Lows in Key Tiger Directories Date = 180426 No. NLs Pct. ------------------------------------------------------------------- COAL 10 2 20 % MINCP 233 34 15 % BONDFUND 111 15 14 % HOSPITAL 7 1 14 % CHEM 62 4 6 % HOMEBLDG 17 1 6 % INFRA 35 2 6 % INSURANC 32 2 6 % SOFTWARE 66 4 6 % AUTO 39 2 5 % BEVERAGE 20 1 5 % BIOTECH 383 16 4 % GAMING 28 1 4 % ELECTRON 176 6 3 % OILGAS 137 4 3 % CHINA 62 1 2 % COMODITY 56 1 2 % ETFS 66 1 2 % FINANCE 91 2 2 % GOLD 50 1 2 % INDMATER 86 2 2 % RUS-1000 825 14 2 % SEMI 128 2 2 % SP-100 96 2 2 % SP500 481 9 2 % FIDSTKS 189 2 1 %

Table 6 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 4/26/18 Bearish = 30 Bullish = 14 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU .857 1 1 .857 1 1 HACKERS .75 .708 .75 .791 .833 .875 UTILITY .714 .714 .69 .69 .666 .714 OILGAS .686 .686 .656 .686 .671 .686 SOFTWARE .636 .545 .651 .681 .666 .727 RETAIL .622 .452 .415 .433 .415 .471 HOMEBLDG .588 .294 .176 .176 .176 .235 NIFTY .586 .275 .31 .413 .413 .448 SOLAR .571 .428 .523 .523 .523 .571 REIT .562 .414 .42 .352 .34 .42 GOLD .56 .5 .6 .46 .7 .66 FOOD .555 .555 .222 .222 .333 .888 COMODITY .535 .553 .535 .482 .66 .732 REGBANKS .515 .575 .606 .545 .424 .363 N=14 ========================================================================================== CHEM .5 .483 .435 .532 .5 .564 DOWJONES .5 .366 .4 .4 .366 .433 GREEN .5 .433 .433 .466 .533 .6 ========================================================================================== INDMATER .488 .441 .395 .453 .476 .546 RUS-1000 .478 .429 .413 .45 .435 .477 SP500 .451 .403 .382 .428 .407 .461 TRANSP .45 .55 .3 .65 .6 .65 INSURANC .437 .468 .437 .5 .531 .5 COMPUTER .434 .434 .478 .478 .434 .608 FINANCE .428 .406 .461 .461 .406 .406 HOSPITAL .428 .714 .714 .714 .714 .714 SP-100 .427 .343 .333 .416 .385 .447 NASD-100 .426 .348 .337 .393 .359 .438 FIDSTKS .423 .38 .391 .455 .439 .486 BIOTECH .412 .383 .368 .399 .391 .43 BEVERAGE .4 .25 .35 .35 .4 .45 MILITARY .394 .526 .5 .552 .605 .631 GUNS .388 .5 .444 .555 .5 .555 INDEXES .348 .317 .317 .364 .394 .507 INFRA .342 .257 .228 .228 .257 .342 GAMING .321 .25 .321 .464 .392 .464 DJI-13 .307 .23 .153 .153 .153 .384 CHINA .306 .29 .29 .306 .306 .274 BIG17 .304 .282 .282 .347 .369 .369 ETFS .287 .196 .227 .287 .287 .363 PIPELINE .285 .142 0 .285 .142 0 ELECTRON .261 .244 .284 .289 .323 .369 SEMI .234 .195 .226 .21 .242 .281 AUTO .205 .205 .205 .153 .128 .179 COAL .2 .2 .2 .3 .3 .3 JETS .2 .4 .3 .5 .5 .5 BIGBANKS .142 .142 .142 .142 .142 .142 BONDFUND .063 .054 .081 .036 .036 .054 N=30

==============================================================================
     4/25/2018     The Peerless S9 still operates.  Much now depends on whether the DJI can
                          survive its next test of 23200-23400.  A test of that seems very likely.  The
                          warning signs I've mentioned in the last four or five Hotlines are all still present.
                          Suffice it to say here, without a new Peerless Buy signal and the Closing Powers
                          all still quite bearish, we should remain bearish even though the market deserves
                          a little short-term recovery.

                          What I am struck by tonight, and their charts are shown below, is just how many
                          sectors' charts have fallen to their own important flat support-levels.  If the ETFs
                          and Index charts of Semi-Conductors, Hospitals, Cable-TVs, Softdrinks, Personal
                          Products, Consumer Durables, Conglomerates, Pharmaceuticals, Emerging Markets
                          and Home Building next show key breakdowns, the market will then be that much
                          more dangerous.  We will watch these closely.

                                  Flat Support (green) usually beckons for a test and very
                                  often brings a breakdown.  The P-Indicator is still positive.
                                  Can the DJI still lead the general market significantly lower?
                                  Yes, that had happened in the past. Higher interest rates and
                                  rising oil prices did that in 1977.  So, the same combination
                                  could produce a DJI-led bear market here.

Charts 4/25/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          4/25/2018  (Click on Underlined link.)                          Bullish MAXCPs -  http://tigersoft.com/4XXH/MAXCPS/425/BULLISH.htm                          Bearish MAXCPs - http://tigersoft.com/4XXH/MINCPS/425/BEARISH.htm

                                
                                 What To Do Now?  Hold Your Shorts and Be Patient.

                          One question that may occur to readers is it too late now to go short? I would
                          say not if you are willing to cover if the Closing Power downtrend is broken.  This
                          would apply to DIA or to some of the many Beairsh MINCPs.  Should you buy
                          puts in expectation of a DJI breakdown?  Perhaps, the October 1987 case shows
                          this could be immensely profitable.  But breadth was worse then.  So, there is
                          a better chance now in 2018 that the DJI's key support will not crack wide open
                          or even that there may be a false new low with a reversing Buy signal as there was
                          on 7/2/2010 when the P-I widely failed to confirm the new and the DJI quickly
                          turned right back up.  But there is a big difference between now and then.  That
                          bull market was only 15 months old. Ours is now more than 8 years old, which would
                          seem to make it ripe for a 20% decline, at the least.  That would take it back to 20,000.


                                 Groups Threatening To Break Their Flat Support.

                          Another question worth considering... Are there new sectors that are breaking
                          below their own key support?  A bear market would seem to need new fuel,
                          otherwise it will mainly be blue chips, bonds and REITs that are mostly falling.
                          I think that we would do well to watch the sectors represented below.  They
                          are still above their own key flat support-levels. But not by much. If they break
                          down, it will make any DJI decline below 23200-23400 far less isolated and
                          much more dangerous.

Table 1 QUICKSILVER on ETFS - 04/25/18 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- DIA 240.7 .61 246.57 -136.6% Bearish BLUE -.043 ---- --------------------------------------------------------------------------------------------- COMPQX 7003.74 -3.61 7238.06 -203.5% Bearish RED -.095 .025 --------------------------------------------------------------------------------------------- SPY 263.63 .65 268.89 -126.6% Bearish BLUE -.079 .016 --------------------------------------------------------------------------------------------- QQQ 158.65 .19 164.91 -239.3% Bearish RED -.099 .021 --------------------------------------------------------------------------------------------- MDY 343.34 .13 347.93 -92.5% Bearish BLUE -.038 .049 --------------------------------------------------------------------------------------------- IWM 154.2 -.23 156.39 -105.2% Bearish RED -.042 .063 --------------------------------------------------------------------------------------------- FAS 63.13 -.31 65.11 -53.6% Bearish RED -.154 -.01 --------------------------------------------------------------------------------------------- RETL 32.89 .55 32.91 -191.7% Bearish BLUE -.034 -.009 --------------------------------------------------------------------------------------------- SOXL 121.52 -.43 135.08 -1258.3% Bearish RED -.191 -.113 --------------------------------------------------------------------------------------------- TECL 109.9 .01 122.38 -710.1% Bearish RED -.073 -.005 --------------------------------------------------------------------------------------------- IBB 103.26 -.01 105.89 -194.3% Bearish ---- -.155 -.016 --------------------------------------------------------------------------------------------- GLD 125.41 -.82 127.6 -96.2% Bullish BLUE -.004 .023 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .084 --------------------------------------------------------------------------------------------- OIH 27.05 .23 27.03 -5.6% Bullish BLUE .227 .135 --------------------------------------------------------------------------------------------- GASL 20.98 .59 21.13 -126.3% Bullish BLUE .117 .195 --------------------------------------------------------------------------------------------- UGA 33.38 -.02 33.12 37.4% Bullish RED .237 .144 --------------------------------------------------------------------------------------------- UUP 23.94 .1 23.58 90.7% Bullish ---- .204 .039 --------------------------------------------------------------------------------------------- IEF 101.13 -.22 101.91 -52.1% Bearish RED -.028 .012 --------------------------------------------------------------------------------------------- XLU 50.68 .01 50.76 -10.9% Bullish BLUE .022 .058 --------------------------------------------------------------------------------------------- WEAT 6.55 .17 6.48 70.5% Bullish BLUE .135 .035 --------------------------------------------------------------------------------------------- YINN 32.2 -.69 33.22 -118.3% ---- ---- .089 -.032 --------------------------------------------------------------------------------------------- RSX 20.92 -.05 21.35 -139.3% Bullish ---- .104 -.035 --------------------------------------------------------------------------------------------- AAPL 163.65 .71 172.8 -420.1% Bearish BLUE -.249 .028 --------------------------------------------------------------------------------------------- GOOG 1021.18 1.2 1087.7 -239.2% Bearish RED -.094 -.007 --------------------------------------------------------------------------------------------- MSFT 92.31 -.81 96.11 -216.9% Bearish RED -.062 .058 --------------------------------------------------------------------------------------------- AMZN 1460.17 .08 1556.91 -222.9% Bearish BLUE .092 .076 --------------------------------------------------------------------------------------------- FB 159.69 0 168.1 -201.8% Bearish RED .003 -.073 --------------------------------------------------------------------------------------------- NVDA 216.66 -4.54 229.04 -432.5% Bearish RED -.108 -.028 --------------------------------------------------------------------------------------------- BA 342.86 13.8 340.64 27.5% Bearish BLUE .151 .019 --------------------------------------------------------------------------------------------- GS 239.23 -3.26 254.17 -295.6% Bearish RED -.24 -.033 --------------------------------------------------------------------------------------------- HD 177.39 1.13 177.08 -69.3% Bearish BLUE -.079 -.014 --------------------------------------------------------------------------------------------- CAT 145.19 .75 155.7 -352.4% Bearish BLUE -.184 -.024

Table 2    Count of Stocks in Key Directories           20180425 ------------------------------- NEWHIGHS       79 NEWLOWS        140 MAXCP          30 MINCP          326 TTTNH          56 TTTNL          471    FASTUP         50 FASTDOWN       223 CPCROSSA       92 CPCROSSD       70 BIGVOLUP       3 BIGVODN        8

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180425 No. NHs Pct. MAXCP 30 20 67 % FOOD 9 1 11 % OILGAS 137 9 7 % BEVERAGE 20 1 5 % HACKERS 24 1 4 % GREEN 30 1 3 % REGBANKS 33 1 3 % BIOTECH 383 6 2 % CHEM 62 1 2 % COMODITY 56 1 2 % FINANCE 91 2 2 % RETAIL 53 1 2 % RUS-1000 826 17 2 % SOFTWARE 66 1 2 % SP500 481 9 2 % UTILITY 42 1 2 % ELECTRON 176 1 1 % FIDSTKS 189 2 1 % INDEXES 195 2 1 % SP-100 96 1 1 %

Table 4 Count of Stocks and New LOWS in Key Tiger Directories Bond funds are the leaders on downside. REITs are well-represented there, too. Date = 180425 No. NLs Pct. ------------------------------------------------------------------- BONDFUND 111 59 53 % MINCP 326 69 21 % COAL 10 2 20 % BEVERAGE 20 3 15 % FOOD 9 1 11 % AUTO 40 4 10 % SEMI 128 12 9 % REIT 176 12 7 % CHEM 62 4 6 % CHINA 62 4 6 % ELECTRON 176 10 6 % INSURANC 32 2 6 % BIOTECH 383 19 5 % SOFTWARE 66 3 5 % GAMING 28 1 4 % HACKERS 24 1 4 % SP-100 96 4 4 % DOWJONES 30 1 3 % INFRA 35 1 3 % OILGAS 137 4 3 % REGBANKS 33 1 3 % ETFS 66 1 2 % FIDSTKS 189 4 2 % GOLD 50 1 2 % INDMATER 86 2 2 % RETAIL 53 1 2 % RUS-1000 826 15 2 % SP500 481 11 2 % UTILITY 42 1 2 % FINANCE 91 1 1 % INDEXES 195 1 1 % NASD-100 89 1 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 4/25/18 Bearish = 34 Bullish = 11 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 1 .857 1 1 1 HOSPITAL .714 .714 .714 .714 .714 .857 UTILITY .714 .69 .69 .666 .714 .785 HACKERS .708 .75 .791 .833 .875 .875 OILGAS .686 .656 .686 .671 .671 .7 REGBANKS .575 .606 .545 .424 .333 .242 FOOD .555 .222 .222 .333 .888 .888 COMODITY .553 .535 .482 .66 .732 .75 TRANSP .55 .3 .65 .6 .65 .7 SOFTWARE .545 .651 .681 .666 .727 .742 MILITARY .526 .5 .552 .605 .631 .631 N=11 ============================================================================================= GOLD .5 .6 .46 .7 .66 .66 GUNS .5 .444 .555 .5 .555 .555 ============================================================================================== CHEM .483 .435 .532 .5 .548 .629 INSURANC .468 .437 .5 .531 .5 .5 RETAIL .452 .415 .433 .415 .471 .49 INDMATER .441 .395 .453 .476 .534 .593 COMPUTER .434 .478 .478 .434 .565 .608 GREEN .433 .433 .466 .533 .6 .7 RUS-1000 .429 .414 .451 .435 .469 .521 SOLAR .428 .523 .523 .523 .571 .666 REIT .414 .42 .352 .34 .414 .534 FINANCE .406 .461 .461 .406 .406 .285 SP500 .403 .382 .428 .407 .449 .498 JETS .4 .3 .5 .5 .5 .5 BIOTECH .383 .368 .399 .391 .433 .464 FIDSTKS .38 .391 .455 .439 .476 .497 DOWJONES .366 .4 .4 .366 .433 .4 NASD-100 .348 .337 .393 .359 .415 .505 SP-100 .343 .333 .416 .385 .427 .437 INDEXES .323 .317 .364 .394 .502 .579 HOMEBLDG .294 .176 .176 .176 .235 .352 CHINA .29 .29 .306 .306 .274 .306 BIG17 .282 .282 .347 .369 .369 .369 NIFTY .275 .31 .413 .413 .448 .586 INFRA .257 .228 .228 .257 .342 .428 BEVERAGE .25 .35 .35 .4 .45 .5 GAMING .25 .321 .464 .392 .464 .535 ELECTRON .244 .284 .289 .323 .363 .477 DJI-13 .23 .153 .153 .153 .384 .384 AUTO .225 .225 .175 .15 .175 .3 COAL .2 .2 .3 .3 .3 .3 ETFS .196 .227 .287 .287 .363 .469 SEMI .195 .226 .21 .242 .273 .429 BIGBANKS .142 .142 .142 .142 0 0 PIPELINE .142 0 .285 .142 0 .142 BONDFUND .054 .081 .036 .036 .054 .081 N=35

==============================================================================
     4/24/2018    The dangers of the Peerless S9 should be apparent to us who use TigerSoft
                         and Peerless.  This is the third S9 in just 3 months.  It is reinforced by heavy red
                         Disribution, an extremely weak Closing Powers and the failure of the DJI to get past
                         its falling 65-dma.  These are all key components to a classic bearish ideal-type.
                         The only thing missing is a bearish NYSE A/D Line divergence.  As far as the
                         missing head/shoulders pattern, which also often appears at a market top, I would
                         suggest the falling flat-bottomed triangle pattern in the DJI is the technical equivalent
                         of a bearish head/shoulders top.

                         It is not important that we know exactly why the market is selling off.  That will
                         become apparent "in the fulness of time".  What is important is that we see Professionals
                         selling quickly into any and every rally now.  They want out.  My guess is the stampede
                         has only started.  At least, we cannot assume otherwise now.  What we can see is that
                         short-term interest rates are rising now every day.  The Fed probably cannot stop this decline
                         except by huge injections of money into the system, something which is politically very hard
                         for them to do now.  But without guarantees that the market will be stabilized by the FED,
                         how will it hold up?  And what if there is much worse news for the market?  What if
                         the Special Prosecutor is going to accuse the President of "obstruction of justice"?
                         All we can know for sure is that there are huge sums of money in all sorts of Funds
                         run by worried money managers.  In October 1987, the same guys rushed to buy OEX puts
                         when the key supports were broken.  I fully expect the same thing to happen if 23200-23400
                         is broken.  Our theories hold that flat tops and flat bottoms "beckon" for breakouts and
                         breakdowns.   So, hold DIA short (or its leveraged equivalents) and lots of bearish MINCPs
                         short.   Hold long only OIL stocks, and only so long as they hold above their own 65-dma.  

                         The other important element here to appreciate is that market history shows us that
                         important tops can indeed take place without a NYSE A/D Line divergence at the
                         top.   Below are the main examples of important tops where the NYSE A/D Line
                         confirmed or very nearly confirmed the DJI's top. 

                         1) 5/28/1946 ---> 24% DJI decline followed.      Sell S5/S4 + Head/Shoulders.
                         2) 6/14/1948 DJI 192.9 ---> 6/13/1949 161.6    S2 + H/S
                         3) 11/5/1961 ---> 27% DJI decline followed.      S16 + H/S
                         4) 1/18/1966 ---> bear market.                            S4/S12 (la/ma=1.02 IP21=-.028)
                         5) 12/31/1976 ---> bear market led by DJI          S4/S12
                         6) 1/9/1984 ----> 15% mini-bear                         S12 (la/ma=1.021 IP21= .007)

                         Within the DJI now, we see the most weakness in the higher priced (and most heavily
                         weighted DJI stocks). The first chart below is the DJI-13, representing the 13 highest
                         priced DJI-30 stocks.  They led the DJI up in 2017.  Now they are leading it down
                         in 2018. Its bearish head/shoulders pattern has just been completed.  This reinforces
                         my expectation that the DJI will soon be testing its key support at 23400 and will
                         most likely break down much further.  See the second chart below.

                                   The highest priced DJI-13 have much more weight in the
                                   DJI's moves than the lower priced stocks in that Index.
                                   One clue about the weakness in these 13 DJI stocks
                                   is how low many of their current Accum. Index (IP21) values are.
                                   The most important exception  is Boeing, the highest priced
                                   of these stocks.  Its IP21 is still positive.  But today, it turned
                                   down from its 65-dma and fell 9.78.


                    


                                  Additional weakness by semi-conductors would cause this
                                  market-leading group to break its neckline support.  That
                                  would be quite bearish for much of the tech sector and suggest
                                  a much deeper retreat by the market as a whole.  Watch this
                                  group closely.

Charts 4/24/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          4/24/2018  (Click on Underlined link.)                          Bullish MAXCPs -  http://tigersoft.com/4XXH/MAXCPS/424/BULLISH.htm                                              Bearish MAXCPs - http://tigersoft.com/4XXH/MINCPS/424/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 04/24/18 Note that DIA's 50-day pct. price change is lower than COMPQX, SPY, QQQ, MDY and IWM as well as TECL. All of key ETFS (except IWM +.01 IP21) show falling Closing Power and negative IP21. SOXL shows the most bearish accross-the-board internals. OIL shows bullish across-the-board internals. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 240.09 -4.26 247.38 -156.6% Bearish RED -.022 ---- --------------------------------------------------------------------------------------------- COMPQX 7007.35 -121.25 7295.24 -189.6% Bearish RED -.04 .027 --------------------------------------------------------------------------------------------- SPY 262.98 -3.59 270.39 -134.2% Bearish RED -.053 .014 --------------------------------------------------------------------------------------------- QQQ 158.46 -3.43 166.44 -232.5% Bearish RED -.075 .023 --------------------------------------------------------------------------------------------- MDY 343.21 -2.59 349.75 -77.1% Bearish RED -.001 .045 --------------------------------------------------------------------------------------------- IWM 154.43 -.89 157.48 -84.1% Bearish RED .001 .06 --------------------------------------------------------------------------------------------- FAS 63.44 -1.22 63.82 -65.1% Bearish RED -.115 .015 --------------------------------------------------------------------------------------------- RETL 32.34 .19 34.14 -286.5% Bearish RED -.012 -.041 --------------------------------------------------------------------------------------------- SOXL 121.95 -3.04 155.11 -1350.9% Bearish RED -.161 -.078 --------------------------------------------------------------------------------------------- TECL 109.89 -6.05 126.71 -727.9% Bearish RED -.021 .035 --------------------------------------------------------------------------------------------- IBB 103.27 -1.52 107.35 -189.1% Bearish RED -.106 -.015 --------------------------------------------------------------------------------------------- GLD 126.23 .61 127.85 -59.8% Bullish BLUE -.029 .02 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .069 --------------------------------------------------------------------------------------------- OIH 26.82 -.21 27.08 83.7% Bullish RED .225 .133 --------------------------------------------------------------------------------------------- GASL 20.39 -.9 21.51 126.9% Bullish RED .131 .24 --------------------------------------------------------------------------------------------- UGA 33.4 -.64 33.13 121.8% Bullish RED .209 .112 --------------------------------------------------------------------------------------------- UUP 23.84 -.03 23.51 80.4% Bullish ---- .172 .017 --------------------------------------------------------------------------------------------- IEF 101.35 -.12 102.19 -60.8% Bearish ---- -.069 0 --------------------------------------------------------------------------------------------- XLU 50.67 .34 50.79 -30.6% Bullish BLUE .039 .051 --------------------------------------------------------------------------------------------- WEAT 6.38 .1 6.46 23.5% Bullish BLUE .125 .026 --------------------------------------------------------------------------------------------- YINN 32.89 1.1 32.97 -38.4% ---- RED .122 .013 --------------------------------------------------------------------------------------------- RSX 20.97 -.08 21.51 63.9% Bullish RED .099 -.024 --------------------------------------------------------------------------------------------- AAPL 162.94 -2.3 177.84 -444.9% Bearish RED -.191 .05 --------------------------------------------------------------------------------------------- GOOG 1019.98 -47.47 1072.08 -252% Bearish RED -.027 -.009 --------------------------------------------------------------------------------------------- MSFT 93.12 -2.23 96.44 -154% Bearish RED -.006 .064 --------------------------------------------------------------------------------------------- AMZN 1460.09 -57.77 1527.84 -143.2% Bearish RED .102 .098 --------------------------------------------------------------------------------------------- FB 159.69 -6.15 166.36 -268.5% Bearish RED .101 -.085 --------------------------------------------------------------------------------------------- NVDA 221.2 -2.68 236.37 -353.5% Bearish RED -.068 -.039 --------------------------------------------------------------------------------------------- BA 329.06 -9.78 341 -112.9% Bearish RED .096 -.003 --------------------------------------------------------------------------------------------- GS 242.49 -4.18 254 -221% Bearish RED -.181 -.019 --------------------------------------------------------------------------------------------- HD 176.26 -1.4 179.85 38.1% Bearish RED -.057 -.035 --------------------------------------------------------------------------------------------- CAT 144.44 -9.55 155.95 -287.2% Bearish RED -.161 -.024

Table 2 Count of Stocks in Key Directories 20180424 ------------------------------- NEWHIGHS 72 NEWLOWS 117 MAXCP 32 MINCP 557 Professionals are very bearish. TTTNH 46 TTTNL 579 Day Traders are very bearish. FASTUP 57 FASTDOWN 191 Swing traders are now mostly bearish. CPCROSSA 62 CPCROSSD 214 Professionals increasingly bearish. BIGVOLUP 2 BIGVODN 14 Lots of trap-door stocks being heavily dumped.

Table 3 Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180423 No. NHs Pct. ------------------------------------------------------------------- MAXCP 32 14 44 % FOOD 9 1 11 % REGBANKS 33 2 6 % BEVERAGE 20 1 5 % COMODITY 56 2 4 % HACKERS 24 1 4 % GREEN 30 1 3 % INSURANC 32 1 3 % OILGAS 137 4 3 % CHEM 62 1 2 % CHINA 62 1 2 % FINANCE 91 2 2 % GOLD 50 1 2 % RETAIL 53 1 2 % SOFTWARE 66 1 2 % UTILITY 42 1 2 % BIOTECH 382 2 1 % INDMATER 86 1 1 % INDEXES 195 2 1 % REIT 176 1 1 % RUS-1000 826 8 1 % SP500 481 1 0 %

Table 4 Count of Stocks and New LOWS in Key Tiger Directories Bond funds are the leaders on downside. REITs are well-represented there, too. Date = 180424 No. NLs Pct. ------------------------------------------------------------------- BONDFUND 111 35 32 % COAL 10 3 30 % BEVERAGE 20 3 15 % MINCP 557 70 13 % FOOD 9 1 11 % SEMI 128 11 9 % AUTO 40 3 7 % ELECTRON 176 13 7 % INDMATER 86 5 6 % INFRA 35 2 6 % BIOTECH 382 21 5 % CHINA 62 3 5 % SOLAR 21 1 5 % FIDSTKS 189 7 4 % GAMING 28 1 4 % OILGAS 137 5 4 % SP-100 96 4 4 % SP500 481 19 4 % CHEM 62 2 3 % DOWJONES 30 1 3 % GREEN 30 1 3 % REIT 176 5 3 % RUS-1000 826 23 3 % SOFTWARE 66 2 3 % ETFS 66 1 2 % UTILITY 42 1 2 % INDEXES 195 1 1 % NASD-100 89 1 1 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 4/24/18 Bearish = 35 Bullish = 11 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 .857 1 1 .857 1 HACKERS .75 .791 .833 .875 .875 .875 HOSPITAL .714 .714 .714 .714 .857 .714 UTILITY .69 .69 .666 .714 .785 .761 OILGAS .656 .686 .671 .671 .7 .613 SOFTWARE .651 .681 .666 .727 .742 .727 REGBANKS .606 .545 .424 .333 .242 .242 GOLD .6 .46 .7 .66 .66 .6 COMODITY .535 .482 .66 .732 .75 .642 SOLAR .523 .523 .523 .571 .619 .619 N=10 ============================================================================================ MILITARY .5 .552 .605 .631 .631 .605 ============================================================================================ COMPUTER .478 .478 .434 .565 .608 .608 FINANCE .461 .461 .406 .406 .285 .329 GUNS .444 .555 .5 .555 .555 .5 INSURANC .437 .5 .531 .5 .5 .5 CHEM .435 .532 .5 .548 .629 .564 GREEN .433 .466 .533 .6 .7 .666 REIT .42 .352 .34 .414 .517 .551 RETAIL .415 .433 .415 .471 .49 .509 RUS-1000 .414 .451 .435 .469 .514 .493 DOWJONES .4 .4 .366 .433 .4 .433 INDMATER .395 .453 .476 .534 .593 .488 FIDSTKS .391 .455 .439 .476 .502 .481 SP500 .382 .428 .407 .449 .49 .474 BIOTECH .366 .4 .392 .434 .468 .476 BEVERAGE .35 .35 .4 .45 .5 .55 NASD-100 .337 .393 .359 .415 .494 .505 SP-100 .333 .416 .385 .427 .437 .395 GAMING .321 .464 .392 .464 .535 .357 INDEXES .317 .364 .394 .502 .579 .533 NIFTY .31 .413 .413 .448 .551 .62 JETS .3 .5 .5 .5 .5 .3 TRANSP .3 .65 .6 .65 .7 .6 CHINA .29 .306 .306 .274 .306 .274 ELECTRON .284 .289 .323 .363 .465 .482 BIG17 .282 .347 .369 .369 .369 .369 INFRA .228 .228 .257 .342 .4 .342 ETFS .227 .287 .287 .363 .454 .378 SEMI .226 .21 .242 .273 .406 .453 AUTO .225 .175 .15 .175 .3 .275 FOOD .222 .222 .333 .888 .888 .666 COAL .2 .3 .3 .3 .3 .3 HOMEBLDG .176 .176 .176 .235 .352 .294 DJI-13 .153 .153 .153 .384 .384 .307 BIGBANKS .142 .142 .142 0 0 0 BONDFUND .081 .036 .036 .054 .081 .09 PIPELINE 0 .285 .142 0 .142 .142

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           4/23/2018    I have stressed the dangers in the now active Peerless S9.  It appears we will see
                               a 100-point jump at the opening, spurred on hopes that there will be no trade war
                               with China and no shooting war with North Korea.  Perhaps, these hopes will take the
                               DJI above the 25000 resistance and its 65-dma.  But, we can't count on that yet.
                               There have been too many failed and snuffed out rallies these last two months.
                               Professionals, as shown by Closing Power, want out of this market.  Either the
                               higher openings are a result of over-seas buying (which usually ends up being
                               wrong) or they are the result of manipulation (which is intended to mislead and
                               only temporarily holdup the market up now).  This late in a bull market, there is
                               no other good interpretation. 

                               My advise is not to try to play only the long side, except OILs now.  There is
                               much more money to be made now in carefully chosen shorts.  




                                                   Safe Stocks Are Not So Safe Anymore.
                       While More and more risky stocks are getting really dangerous!

                       I mentioned Philip Morris yesterday.  Look at what happened to Proctor & Gamble today.




                               Why if the market is safe and in strong hands are we see so many air-pockets
                               in stocks that are normally considered safe investments?   See the Bearish MINCPs
                               today.   http://tigersoft.com/4XXH/MINCPS/423/BEARISH.htm   

                               Do a ranking of stocks in the DJI or the SP-500 for IP21 (current
                               Accumulation).   It can not be good that we see so many low IP21s here:
                               PG -.19, IBM -.17, GS - .20, AAPL -.23, MCD -.23, HOG -.40, KT -.31.

                               Many semiconductors now show intense insider selling (IP21<-.25):
                               MCHP -.36, AMAT - .32, QCOM -.31 and WDC -.27.  As semi-conductors
                               often lead the market, we have to be troubled by this.
                                                          
                               I suggest staying short some of these low IP21 stocks and some of the Bearish
                               MINCP.  Hold long mostly OIL ETFs and oil stocks with high IP21s.
                               Note the high IP21 levels for RIG +.36, VLO +.35, PSX +.31, DO +.27 and COP +.24.

                               Short-term interest rates rose again today.  They have not reached levels yet that
                               will turn down the market.  They are still a percent and a half below that level.
                               But the  speed of their rise now is casting a bearish shadow over a lot more than just Bond
                               Funds and Reits.  There are more than 30 sectors now that show a majority of their
                               stocks below the 65-dma.

                               As I've said, the DJI's advance now is very heavily dependent upon higher openings. 
                               This is very reminiscent of 1999-2000 before a major top.  But perhaps, we
                               should be looking back at 2008, when Oil stocks were rising and Bank Stocks
                               were crumbling.  The big banks have not broken support here yet, but Goldman
                               Sachs chart does not look good.  The heavy red Distribution and falling Closing
                               Power are clearly bearish.  One has to wonder if the cognoscenti there are
                               worried, too, about the general market's health.

Charts 4/23/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                   AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          4/23/2018  (Click on Underlined link.)                          Bullish MAXCPs -  http://tigersoft.com/4XXH/MAXCPS/423/BULLISH.htm                                            Bearish MAXCPs - http://tigersoft.com/4XXH/MINCPS/423/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 04/23/18 Note that DIA's 50-day pct. price change is lower than COMPQX, SPY, QQQ, MDY and IWM as well as TECL. All of key ETFS show falling Closing Power and negative IP21. SOXL shows the most bearish accross-the-board internals. OIL shows bullish across-the-board internals. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- DIA 244.35 -.13 247.8 -25.8% Bearish RED -.051 ----- --------------------------------------------------------------------------------------------- COMPQX 7128.6 -17.53 7281.1 -19.2% Bearish RED -.066 .028 --------------------------------------------------------------------------------------------- SPY 266.57 -.04 270.19 -14.1% Bearish RED -.102 .011 --------------------------------------------------------------------------------------------- QQQ 161.89 -.41 166.1 -21.6% Bearish RED -.106 .031 --------------------------------------------------------------------------------------------- MDY 345.8 -.03 348.57 -1.4% Bearish RED -.036 .032 --------------------------------------------------------------------------------------------- IWM 155.32 -.23 157.06 -1.6% Bearish RED -.057 .044 --------------------------------------------------------------------------------------------- FAS 64.66 -.18 64.28 86.3% Bearish RED -.171 .045 --------------------------------------------------------------------------------------------- RETL 32.15 .65 34.23 -198.5% Bearish BLUE -.043 -.059 --------------------------------------------------------------------------------------------- SOXL 124.99 -5.24 160.07 -906.4% Bearish RED -.18 -.002 --------------------------------------------------------------------------------------------- TECL 115.94 -.98 127.64 -201.4% Bearish RED -.057 .118 --------------------------------------------------------------------------------------------- IBB 104.79 -.17 107.28 -21.2% Bearish RED -.145 -.024 --------------------------------------------------------------------------------------------- GLD 125.62 -1.01 127.75 -78.8% Bearish ---- -.077 -.019 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .038 --------------------------------------------------------------------------------------------- OIH 27.03 .19 26.37 140.3% Bullish BLUE .191 .093 --------------------------------------------------------------------------------------------- GASL 21.29 .66 19.86 408.8% Bullish BLUE .097 .24 --------------------------------------------------------------------------------------------- UGA 34.04 .68 32.59 212.3% Bullish BLUE .27 .075 --------------------------------------------------------------------------------------------- UUP 23.87 .15 23.46 87.1% Bullish BLUE .165 -.012 --------------------------------------------------------------------------------------------- IEF 101.47 -.1 102.59 -51.9% ---- ---- -.037 -.033 --------------------------------------------------------------------------------------------- XLU 50.33 .03 50.98 -13.8% Bearish ---- -.016 .034 --------------------------------------------------------------------------------------------- WEAT 6.28 -.04 6.35 -54.8% Bullish ---- .135 -.038 --------------------------------------------------------------------------------------------- YINN 31.79 -.05 33.14 -196.3% Bullish BLUE .098 -.053 --------------------------------------------------------------------------------------------- RSX 21.05 .05 20.7 73.6% Bullish RED .091 -.046 --------------------------------------------------------------------------------------------- AAPL 165.24 -.48 178.24 -303.9% Bearish RED -.232 .041 --------------------------------------------------------------------------------------------- GOOG 1067.45 -5.51 1074.16 137.8% ---- RED -.012 .042 --------------------------------------------------------------------------------------------- MSFT 95.35 .35 96.07 61.7% Bearish RED -.033 .098 --------------------------------------------------------------------------------------------- AMZN 1517.86 -9.63 1503.83 252.6% Bearish RED .084 .1 --------------------------------------------------------------------------------------------- FB 165.84 -.44 168.66 30.3% ---- RED .07 -.057 --------------------------------------------------------------------------------------------- NVDA 223.88 -4.83 237.54 -163.6% Bearish RED -.101 .005 --------------------------------------------------------------------------------------------- BA 338.84 .17 336.72 104.7% Bearish RED .091 .004 --------------------------------------------------------------------------------------------- GS 246.67 -5.29 253.63 -220.4% Bearish RED -.199 -.022 --------------------------------------------------------------------------------------------- HD 177.66 .65 174.91 91.4% Bearish ---- -.088 -.043 --------------------------------------------------------------------------------------------- CAT 153.99 .74 153.31 60% Bearish RED -.022 .031

Table 2 Count of Stocks in Key Directories 20180423 ------------------------------- NEWHIGHS 112 NEWLOWS 121 MAXCP 41 MINCP 291 Professionals remain bearish. TTTNH 51 TTTNL 271 Day Traders reamin mostly bearish. FASTUP 69 FASTDOWN 106 Swing traders are more cautious now. CPCROSSA 30 CPCROSSD 156 Professionals became more bearish. BIGVOLUP 3 BIGVODN 8

Table 3 Oil is the one group showing leadership now. Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180423 No. NHs Pct. ------------------------------------------------------------------- MAXCP 41 28 68 % COMODITY 56 8 14 % COAL 10 1 10 % OILGAS 136 11 8 % REGBANKS 33 2 6 % BEVERAGE 20 1 5 % MILITARY 38 2 5 % SOFTWARE 66 3 5 % FINANCE 91 4 4 % HACKERS 24 1 4 % INDEXES 195 7 4 % CHEM 62 2 3 % GREEN 30 1 3 % INDMATER 86 3 3 % CHINA 62 1 2 % FIDSTKS 189 4 2 % RETAIL 53 1 2 % RUS-1000 826 20 2 % SEMI 128 2 2 % SP-100 96 2 2 % SP500 481 8 2 % BIOTECH 383 5 1 %

Table 4 Count of Stocks and New LOWS in Key Tiger Directories Bond funds are the leaders on downside. REITs are well-represented there, too. Date = 180423 No. NLs Pct. ------------------------------------------------------------------- BONDFUND 111 50 45 % COAL 10 3 30 % MINCP 291 56 19 % HOSPITAL 7 1 14 % FOOD 9 1 11 % BEVERAGE 20 2 10 % REIT 177 16 9 % SEMI 128 8 6 % SP-100 96 6 6 % AUTO 40 2 5 % BIOTECH 383 19 5 % COMODITY 56 3 5 % ELECTRON 176 9 5 % INDMATER 86 4 5 % DOWJONES 30 1 3 % ETFS 66 2 3 % GREEN 30 1 3 % INFRA 35 1 3 % INSURANC 32 1 3 % SOFTWARE 66 2 3 % CHEM 62 1 2 % CHINA 62 1 2 % FIDSTKS 189 4 2 % GOLD 50 1 2 % OILGAS 136 3 2 % RETAIL 53 1 2 % RUS-1000 826 20 2 % SP500 481 12 2 % FINANCE 91 1 1 % PIPELINE 7 0 % REGBANKS 33 0 % SOLAR 21 0 % TRANSP 20 0 % UTILITY 42 0 % MAXCP 41 0 %

Table 5 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 4/23/18 Bearish = 34 Bullish = 12 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU .857 1 1 .857 1 1 HACKERS .791 .833 .875 .875 .875 .791 HOSPITAL .714 .714 .714 .857 .714 .714 OILGAS .691 .676 .676 .705 .61 .566 UTILITY .69 .666 .714 .785 .761 .714 SOFTWARE .681 .666 .727 .742 .727 .666 TRANSP .65 .6 .65 .7 .6 .5 GUNS .555 .5 .555 .555 .444 .444 MILITARY .552 .605 .631 .631 .605 .605 REGBANKS .545 .424 .333 .242 .242 .242 CHEM .532 .5 .548 .629 .564 .419 SOLAR .523 .523 .571 .619 .571 .523 N=12 ------------------------------------------------------------------------------------------ INSURANC .5 .531 .5 .5 .5 .468 JETS .5 .5 .5 .5 .3 .2 ------------------------------------------------------------------------------------------ COMODITY .482 .66 .732 .75 .642 .571 COMPUTER .478 .434 .565 .608 .608 .565 GREEN .466 .533 .6 .7 .633 .533 GAMING .464 .392 .464 .535 .392 .25 FINANCE .461 .406 .406 .285 .329 .318 GOLD .46 .7 .66 .66 .6 .56 FIDSTKS .455 .439 .476 .502 .481 .391 INDMATER .453 .476 .534 .593 .488 .383 RUS-1000 .451 .435 .469 .514 .489 .429 RETAIL .433 .415 .471 .49 .49 .452 SP500 .428 .407 .449 .49 .465 .411 SP-100 .416 .385 .427 .437 .375 .364 NIFTY .413 .413 .448 .551 .62 .482 DOWJONES .4 .366 .433 .4 .4 .433 BIOTECH .399 .391 .433 .467 .475 .402 NASD-100 .393 .359 .415 .494 .494 .426 INDEXES .364 .394 .502 .579 .523 .42 REIT .355 .344 .418 .519 .548 .435 BEVERAGE .35 .4 .45 .5 .55 .55 BIG17 .347 .369 .369 .369 .391 .282 CHINA .306 .306 .274 .306 .258 .258 COAL .3 .3 .3 .3 .3 .3 ELECTRON .289 .323 .363 .465 .477 .409 ETFS .287 .287 .363 .454 .348 .333 PIPELINE .285 .142 0 .142 0 0 INFRA .228 .257 .342 .4 .342 .114 FOOD .222 .333 .888 .888 .666 .333 SEMI .21 .242 .273 .406 .453 .382 HOMEBLDG .176 .176 .235 .352 .294 .294 AUTO .175 .15 .175 .3 .25 .25 DJI-13 .153 .153 .384 .384 .307 .307 BIGBANKS .142 .142 0 0 0 0 BONDFUND .036 .036 .054 .081 .081 .081

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       4/20/2018    The now active Peerless S9 should bring the DJI down to its lower 3.5% band.
                           23400 may again act as support. But I would not count on it stopping there.  The Trump
                           economic stimulus is now pretty well discounted.  A second big year for the DJI would
                           be asking a lot unless there is even a bigger Public Works stimulus passed by Congress.  
                           I don't see that happening.  The deficit is very big and many of the Democrats, now that
                           the shoe is on the other foot, are now the budget-hawks, as well as being cold-warriors.  
                           So, more than a token Public Works program seems improbable.  But that is not the
                           problem now.

                           The DJI's technical weakness is of most concern.  I am struck by the inherent bearishness
                           of the DJI's falling flat-bottomed triangle.  It's true that such a pattern did not bring a collapse in
                           2011, but that was when Bernanke was still injecting massive funds into longer-term mortgage
                           bonds to spur economic growth.
                                https://www.thebalance.com/federal-reserve-s-operation-twist-3305529
                           It's unlikely the current Fed will do anything like this.  Their rates are tracking higher.

                           The risk:reward ratio favors shorting more now.  The average S9 brings nearly
                           a 10% decline in the DJI.  When we look at the handful of S9-S12 failures and losses
                           in bull markets since 1928, we see the biggest paper loss is about 4.9%.  Certainly,
                           the S9 might fail here, too.  But we will most likely get a Peerless Buy B4 before much
                           damage is down.  Below are the few cases where S9-S12s in a bull market would have
                           lost money for a short seller.  For every one of these, there are five or six successes
                           and some of them brought us huge short sale profits and very quickly.  We remember
                           October 1987 well.  But many of the younger traders and talking heads on TV were
                           not even in high school back in October 1987.  That type of decline could certainly
                           happen again. 

                           So, we are short DIA.  You can use leverage if you like.  DIA is the weakest of the
                           major ETFs.  The negative IP21s,  the falling Closing Powers and the failure to get past
                           their falling 65-day moving averages makes DIA and SPY particularly vulnerable now,
                           especially with a dangerously flat and obvious support that beckons for a breakdown..

                           Stocks in this position, or slightly weaker and  unable last week even to reach their
                           65-dma, are in considerable risk.  See some examples of what has already
                           happened to some stocks like Black and Decker, Phllip Morris and Man Power,
                           shown   further below, that recently stalled at their 65-dma and turned down.
                           But it is not just these stocks.  The market looks technically quite dangerous. The
                           damage that could be done by leveraged negative ETFs may surprise pollyannas
                           just like it did in October 1987.   I think we would do well to get out of most
                           long positons, excepting oil-related MAXCPs.  The thinner issues could be particularly
                           risky.                     

Sell S9-S12 Losses: 1928-2018   Losses Selling Short on S9s/S12s in a Bull Market The losses ranged from 0.1% to 4.9% A loss of more than 4.9% would put our Sell S9 out of the range of all past cases and warrant a covering of our shorts. Gain 19290614 S9 313.7 -.047 19290617 S12 319.3 -.029 19290626 B4 328.6 .075 ---------------------------------------------------- 19340925 S12 92.7 -.029 19340927 S9 93.4 -.025 19341005 S12 92.9 -.026 19341008 S9 92.5 -.03 19341016 B4 95.3 .091 ----------------------------------------- 19420511 S9 99.2 -.018 19420521 S9 99.7 -.013 19420528 B4 101.0 .410 ----------------------------------------- 19591209 S12 671.2 -.007 19591221 B13 675.9 .005 ----------------------------------------- 19670419 S12 873.94 -.001 19670427 S3 894.82 .023 19670519 B9 874.55 .063 ----------------------------------------- 19870608 S12 2351.64 -.04 19870609 S9 2352.7 -.039 19870610 S8 2353.61 -.039 19870618 S8 2408.13 -.016 19870622 B4 2445.51 .105 ----------------------------------------- 19960809 S9 5681.31 -.016 19960912 B10 5771.94 .188 ----------------------------------------- 19970422 S9 6833.59 -.049 19970509 B4 7169.53 .105 ----------------------------------------- 20161109 S9 18589.69 -.029 20161110 S12 18807.88 -.017 20161129 B4 19121.60 .078

                              The DJI looks technically quite vulnerable.  The P-Indicator is positive
                              but otherwise,  the DJI's chart has some ugly similarities to the way
                              it looked in October 1987.  A breaking of the key support would
                              set up a very dangerous situation.

Third S9s are dangerous for:           (1) stocks showing their own IP21 NNCs on new highs.           (2) stocks that have them selves just stalled at their own falling 65-dma.           and (3) even stocks that look pretty  good technically and are just ripe           for some big profit-taking.

Charts 4/20/2018                          PEERLESS DJI, Signals, Indicators    Daily DJI Volume   10-DayUp/Down Vol  V-Indicator                               Hourly DJIA    A/D Line for All Stocks                                      NASDAQ   S&P    OEX    NYSE    COMPQX   DJI-15   DJI-20   DJI-30                                DIA   SPY   QQQ   MDY   IWM     TNA                                    USO-CrudeOil    FAS   GLD  BBH  IBB  JETS  JNUG  KOL  NUGT  OIH   OIL   RSX   RETL                                 SDS   SLV  SOXL   TECL  TMF  TNA   UGA  (gasoline) XIV  YINN                                Commodities:  JJC, NIB, CHOC  CORN, CUT (paper) WEAT  UUP (Dollar)                                                                                                               AAPL  ADBE  ALXN  AMAT  AMGN  AMD AMZN   BA  BABA  BAC  BIDU   CAT  CVX   DE                                 FB  GOOG   GS  HD   IBM  JPM  M (Macy's)  MSFT   NFLX  NVDA   QCOM   TSLA  TXN   XOM  WMT                                 ANDV (refinery), CMG (Chipotle), LRCX,  SWKS,  MDGL   SPPI  WATT   SQ  TOWN                          4/20/2018  (Click on Underlined link.)                          Bullish MAXCPs -  http://tigersoft.com/4XXH/MAXCPS/420/BULLISH.htm                                            Bearish MAXCPs - http://tigersoft.com/4XXH/MINCPS/420/BEARISH.htm

Table 1 QUICKSILVER on ETFS - 04/20/18 Note that DIA's 50-day pct. price change is lower than COMPQX, SPY, QQQ, MDY and IWM as well as TECL. All of key ETFS show falling Closing Power and very negative IP21 but the 5-day ma of DIA, COMPQX, SPY, QQQ, MDY, IWM and FAS are all still rising. RETL and SOXL show the most bearish accross-the-board internals. OIL shows bullish across-the-board internals. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS --------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------------- DIA 244.48 -2.09 245.62 18.3% Bearish RED -.109 ----- --------------------------------------------------------------------------------------------- COMPQX 7146.13 -91.93 7156.28 27.4% Bearish RED -.103 .031 --------------------------------------------------------------------------------------------- SPY 266.61 -2.28 267.33 27.2% Bearish RED -.153 .013 --------------------------------------------------------------------------------------------- QQQ 162.3 -2.61 162.6 28.3% Bearish RED -.143 .03 --------------------------------------------------------------------------------------------- MDY 345.83 -2.1 345.9 48.3% Bearish RED -.082 .039 --------------------------------------------------------------------------------------------- IWM 155.55 -.84 155.37 51.3% Bearish RED -.11 .055 --------------------------------------------------------------------------------------------- FAS 64.84 -.27 63.55 172.2% Bearish RED -.228 -.028 --------------------------------------------------------------------------------------------- RETL 31.5 -1.41 33.47 -186.6% Bearish RED -.065 -.123 --------------------------------------------------------------------------------------------- SOXL 130.23 -4.85 151.53 -675.5% Bearish RED -.187 -.053 --------------------------------------------------------------------------------------------- TECL 116.92 -5.46 120.89 -48.3% Bearish RED -.106 .042 --------------------------------------------------------------------------------------------- IBB 104.96 -.93 105.24 -47% Bearish RED -.185 -.023 --------------------------------------------------------------------------------------------- GLD 126.63 -.97 127.63 -32.1% Bearish RED -.094 .032 --------------------------------------------------------------------------------------------- OIL 7.61 .04 6.89 339.4% Bullish BLUE .263 .079 --------------------------------------------------------------------------------------------- OIH 26.84 -.19 26.28 103.3% Bullish ---- .113 .074 --------------------------------------------------------------------------------------------- GASL 20.63 -.5 19.61 365.4% Bullish RED .056 .091 --------------------------------------------------------------------------------------------- UGA 33.36 .24 32.64 65.4% Bullish BLUE .188 .082 --------------------------------------------------------------------------------------------- UUP 23.72 .14 23.46 38.3% Bullish ---- .087 .022 --------------------------------------------------------------------------------------------- IEF 101.57 -.34 102.53 -49.3% ---- RED -.08 .01 --------------------------------------------------------------------------------------------- XLU 50.3 -.46 50.47 50.4% ---- RED -.042 .063 --------------------------------------------------------------------------------------------- WEAT 6.32 -.16 6.35 -132.3% Bullish RED .167 -.001 --------------------------------------------------------------------------------------------- YINN 31.84 -1.38 33.08 -383.7% ---- RED .026 -.139 --------------------------------------------------------------------------------------------- RSX 21 -.35 20.74 148.1% Bullish RED .055 -.034 --------------------------------------------------------------------------------------------- AAPL 165.72 -7.08 175.82 -256.1% Bearish RED -.272 .056 --------------------------------------------------------------------------------------------- GOOG 1072.96 -14.74 1037.98 206% ---- RED -.04 .04 --------------------------------------------------------------------------------------------- MSFT 95 -1.11 94.17 100.9% ---- RED -.073 .077 --------------------------------------------------------------------------------------------- AMZN 1527.49 -29.42 1441.5 324% Bearish RED .057 .095 --------------------------------------------------------------------------------------------- FB 166.28 -1.82 164.83 52.9% ---- RED .031 -.06 --------------------------------------------------------------------------------------------- NVDA 228.71 -.33 231.49 -59.8% Bearish ---- -.101 .017 --------------------------------------------------------------------------------------------- BA 338.67 -1.97 331.77 139.8% Bearish RED .022 -.01 --------------------------------------------------------------------------------------------- GS 251.96 -2.21 257.88 -77.6% Bearish RED -.208 -.003 --------------------------------------------------------------------------------------------- HD 177.01 -.07 174.43 119.7% Bearish RED -.141 -.057 --------------------------------------------------------------------------------------------- CAT 153.25 -2.45 152.14 98.4% Bearish RED -.092 .01

Table 2   Count of Stocks in Key Directories 20180420 ------------------------------- NEWHIGHS 97 Still a lot of new highs. NEWLOWS 117 MAXCP 41 MINCP 275 Bearish Professional TTTNH 60 TTTNL 258 Bearish Day Traders FASTUP 95 FASTDOWN 94 CPCROSSA 22 CPCROSSD 178 Professionals were switching to bearish camp, BIGVOLUP 4 BIGVODN 15

Table 3   Table 3 There is no one leadership group now. Count of Stocks and NEW HIGHS in Key Tiger Directories Date = 180420 No. NHs Pct ------------------------------------------------------------------- MAXCP 41 23 56 % COAL 10 1 10 % CHEM 62 4 6 % OILGAS 136 8 6 % REGBANKS 33 2 6 % COMODITY 56 3 5 % INDMATER 86 4 5 % MILITARY 38 2 5 % SOFTWARE 66 3 5 % HACKERS 24 1 4 % BIG17 46 1 2 % BIOTECH 383 6 2 % CHINA 62 1 2 % FIDSTKS 189 3 2 % GOLD 50 1 2 % RETAIL 53 1 2 % RUS-1000 827 14 2 % ELECTRON 176 1 1 % FINANCE 91 1 1 % INDEXES 195 2 1 % SP-100 96 1 1 % SP500 481 7 1 %

Table 4 Table 4 Count of Stocks and NEW LOWS in Key Tiger Directories Date = 180420 ------------------------------------------------------------------- BONDFUND 111 35 32 % COAL 10 2 20 % MINCP 275 53 19 % BEVERAGE 20 2 10 % REIT 177 18 10 % AUTO 40 3 7 % SP-100 96 7 7 % CHEM 62 3 5 % ELECTRON 176 8 5 % SEMI 128 6 5 % SP500 481 25 5 % BIOTECH 383 16 4 % FIDSTKS 189 7 4 % GAMING 28 1 4 % RETAIL 53 2 4 % RUS-1000 827 32 4 % DOWJONES 30 1 3 % GREEN 30 1 3 % MILITARY 38 1 3 % ETFS 66 1 2 % GOLD 50 1 2 % INDMATER 86 2 2 % SOFTWARE 66 1 2 % INDEXES 195 1 1 % NASD-100 89 1 1 % OILGAS 136 1 1 %

Table 5   RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 4/20/18 Bearish = 31 Bullish = 13 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU 1 1 .857 1 1 1 HACKERS .833 .875 .875 .875 .75 .75 HOSPITAL .714 .714 .857 .714 .714 .571 GOLD .7 .66 .66 .6 .54 .6 OILGAS .676 .676 .705 .61 .566 .566 SOFTWARE .666 .727 .742 .727 .651 .606 UTILITY .666 .714 .785 .761 .714 .547 COMODITY .66 .732 .75 .642 .571 .571 MILITARY .605 .631 .631 .605 .605 .526 TRANSP .6 .65 .7 .6 .5 .25 GREEN .533 .6 .7 .633 .533 .466 INSURANC .531 .5 .5 .5 .5 .406 SOLAR .523 .571 .619 .571 .523 .523 N=13 ============================================================================================ CHEM .5 .548 .629 .564 .419 .419 GUNS .5 .555 .555 .444 .444 .444 JETS .5 .5 .5 .3 .2 .1 ============================================================================================ INDMATER .476 .534 .593 .488 .372 .337 FIDSTKS .439 .476 .502 .481 .386 .301 RUS-1000 .436 .47 .515 .489 .428 .363 COMPUTER .434 .565 .608 .608 .565 .434 NIFTY .433 .466 .566 .633 .5 .4 REGBANKS .424 .333 .242 .242 .242 .181 RETAIL .415 .471 .49 .49 .452 .452 SP500 .407 .449 .49 .465 .411 .334 FINANCE .406 .406 .285 .329 .318 .263 BEVERAGE .4 .45 .5 .55 .55 .5 INDEXES .394 .502 .579 .523 .425 .358 GAMING .392 .464 .535 .392 .285 .142 BIOTECH .391 .433 .467 .475 .404 .422 SP-100 .385 .427 .437 .375 .354 .281 BIG17 .369 .369 .369 .391 .304 .326 DOWJONES .366 .433 .4 .4 .4 .266 NASD-100 .359 .415 .494 .494 .426 .337 REIT .344 .418 .519 .548 .423 .333 FOOD .333 .888 .888 .666 .333 .555 ELECTRON .323 .363 .465 .477 .403 .38 CHINA .306 .274 .306 .258 .258 .258 COAL .3 .3 .3 .3 .3 .3 ETFS .287 .363 .454 .348 .318 .318 INFRA .257 .342 .4 .342 .114 .142 SEMI .242 .273 .406 .453 .375 .375 HOMEBLDG .176 .235 .352 .294 .294 .294 DJI-13 .153 .384 .384 .307 .307 .153 AUTO .15 .175 .3 .25 .25 .25 BIGBANKS .142 0 0 0 0 0 PIPELINE .142 0 .142 0 0 0 BONDFUND .036 .054 .081 .081 .072 .09 N=31