TigerSoft and Peerless Daily Hotline  
                       www.tigersoft.com/HL888
(C) 1985-2015 William Schmidt, Ph.D.  www.tigersoft.com    
                  All rights strictly reserved.  

Tiger Software  858-273-5900   PO Box 22784   San Diego, CA 92192 Email william_schmidt@hotmail.com  
------------------------------------------------------------------------------------------------------------------
Announcements -

           Tiger/Peerless UPDATE.   A new TigerSoft/Peerless update has been released today.
               The new Tiger's update has the new Sell S12.  It has the 
               new QuickSilver table which is produced for any directory's stocks.
               It should work well with the stocks in LEVERAGE, HIGHIP21,
               MAXCP, MINCP, REDSELL and NEAR65. With this QuickSilver
               table displayed, you point the mouse at the symbol and click Graph.
               The Peercomm will also allow you to get stock data again from Dial Data. 
------------------------------------------------------------------------------------------------------------------

     8/12/2015   Peerless remains on Red Sell 12*s.  Though the DJI's reversal
                        from 17000 looks impressive, it was not enough to give us a
                        Peerless Buy signal.   The NYSE A/D Line is still falling.
                        Daily volume on up-days is not impressive.  The World Markets
                        must be very weak; China has devalued its currency for a
                        third straight day.

                        So, even if SPY and the SP-500 advance here, its narrow trading range should limit
                        any rally.  Without a new Buy signal from Peerless and the bearish month
                        of September just ahead, the whole US market's upside is probably limited, except
                        for special situations and oversold leveraged ETFs like NUGT
                        and GASL where short-covering is playing a big role.

                        Note that since 1965, the DJI has rallied only 36% of the time over
                        the week following August 12th.

                        It's remains too difficult to find attractive stocks to buy.  Respect what
                        that is telling us about the market now.   Meanwhile, our shorts of bearish
                        MINCPs show little interest in advancing.



                        The big, splashy rallies in NUGT and GASL have been profitable
                        for us.  But they probably owe mostly to short-covering.  The world
                        markets (Oil, world ETFs and Chinese stocks) remain under
                        pressure despite the DJI turn-around. 
 
 

                        The DJI rebounded from 17000, the lows of December and
                        January.  But my reading of the DJI chart, the violation of
                        the 17500 now sets up a minimum target of 16700.  Though
                        the Accum. Index is improving on the DJI chart, the IPA
                        (Cumulative Accum. Index is falling, as is the OBV-Line.




                       
   
                                                                  What To Do?
                       
                         Our Bearish MINCP stocks continue to decline.  Hold some of these
                         short.  Sell long positions either when their prices are very over-extended
                         and break their Closing Power up-trends or when they close below their 65-dma
                         and their Accumulation Index is below 0.  Hold long NUGT.  It ought
                         to double.   Gold should keep rising with all this talk of currency wars
                         and if the FED announces it will not be raising rates in September.  Use the 5-day
                         ma pivot-point with the long or short ETFs to see when to close them out.
                         Short covering is playing a big role in the rallies of NUGT and GASL.
                         Crude Oil, Chinese Stocks and foreign ETFs were not able to turn around
                         like the DJI did today and rebound from its lows.

                                                 Watch Oil, YING (Chinese stocks' ETF)
                                                   and Tiger's Index of Foreign ETFs

                         New lows by all three of these will surely be a sign that the World Economy
                         is weakening dangerously.  China is reported to again be devaluing its Yuan
                         for the third straight day. 
                         China Seeks to Calm Markets as It Devalues Its Currency for a 3rd Consecutive Day

                         It is clearly afraid of how bad the Global demand is becoming for Chinese
                         goods.  In a deep world-wide recession, the big US multinationals (like
                         those in the DJI) will probably be the first to have their shares hit here. 
                         US banks with foreign debts will also be threatened.  And if the
                         world markets' decline worsens, foreigners will sell US stock/bond holdings to
                         remain liquid and solvent.  US markets, as extended as they are, then will
                         not be able to escape an overseas' bear market. 

                                      Watch to see if new lows are made by OIL, YINN and
                         the Tiger Index of Foreign ETFs. This will be quite bearish.

Crude Oil

YINN

Foreign (Non-US) ETFs

                                         Just in Case... (From Monday Night).

                        Monday's "big jump reminds us that the Sell S12*s are new
                        Peerless creations.  These Sells could prove problematic because
                        just as it was hard for the classic Peerless to produce a Sell in the
                        narrowing market of this past year,  so, too, it is proving just as hard
                        to get a Buy signal, even though Friday's low was not confirmed
                        by all three of the key Peerless Indicators, P-I, V-I and IP21. 
                        Accordingly, let's again watch the NYSE A/D Line downtrend shown below. 

                        If the A/D Line downtrend is broken above, we can treat it as a judged Buy B6. 
                        This was the number of the Buy signal that the original, 1981-1990, Peerless 
                        urged users employ when a well-tested A/D Line trend was broken.
                        (It may not be broken, but I think we want to be prepared in case it does.
                        I suspect that the Closing Powers will turn up for DIA, SPY, QQQ etc
                        about the same time as the A/D Line trend is broken.)"

                                   Extremely weak NUGT and GASL should keep rising
                                   after a day or two's pullback because they are so vastly over-sold.
                                   See the annualized rate of change of the 5-day ma.  Tests of
                                   very fast rising 5-day mvg. averages should be good buying
                                   opportunities.

8/12/2015   200+ TigerSoft Charts -                                      Go to www.tigersoftware.com/HH/index.html                          8/12/2015 New Highs: NASD  21      NYSE 20 New Lows:  NASD  62      NYSE 72                                                               8/12/2015  Bullish MAXCP Stocks       73 ---->www.tigersoftware.com/MAXMIN/maxmin/8-12/Rbullish.htm                                  Bearish MINCP Stocks       116--> http://www.tigersoftware.com/MAXMIN/maxmin/8-12/Rbearish.html

  ------------------------     Announcements --------------------------------