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                     7/2/2018
                                                 
                   
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                                HELP 
          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? 

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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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                TigerSoft "Combination" Short-Selling...  Easy as 1-2-3 Short Sales
                 

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Have a Happy Fourth Of July.


            7/2/2018  
  The operative Peerless signal remains a Sell S9V.    Today, the DJI
                               bounced up off the 24000 support.  Because of the bullish seasonality, the
                               the day before and the day after the Fourth of July, expect the DJI to rally to
                               its 21-day ma, now at  24775.  Because there has been no Peerless Buy
                               signal yet, I would think the DJI will again need to test 24000.  The positives
                               here are the rising A/D Line and the rising 200-day ma.  The negatives are
                               the still red Volume-Indicator and the tendency of the DJI not to be
                               able to advance much after a strong opening because there remains a lot
                               of shares that big institutions are seeking to get out of, especially in many of
                               the higher priced (and more weighty) blue chips, like CAT, GS, JPM and
                               BA.

                               The back and forth period in the major market that we are now seeing is
                               frustrating for anyone wanting sustained and bigger moves in the major ETFs.
                               I would suggest now might be a time to follow a hedging approach with
                               our MAXCPs and MINCPs or, if you have the time, get to know the
                               biotechs.   Among them, we seem always to be able to find excellent
                               and confirmed breakouts above flat tops and confirmed breakdowns
                               below the neckline-supports in bearish head/shoulders pattern.  Get our
                               Explosive Super Stocks, Killer Short Sales, and Closing Power books
                               out and look for examples among biotechs.  As I show below, you can
                               be long and short at the same time and still make regular profits.

702.GIF (17446 bytes)

                               The SP-500 is a little stronger than the DJI.  But it, too, is caught and
                               boxed in.  It found support at its 65-dma today, as it has on each recent dip
                               to this level.   This has created a neckline-support there.  A failed rally by it
                               over the next week or two could allow it to form and complete a
                               bearish head/shoulders pattern.  See the  chart below. Trading SPY now
                               will require a lot of speed and dexterity.  Just keep in mind the support
                               and resistance levels shown below.

SP702.GIF (13226 bytes)

                               A number of NASDAQ stocks, like GOOG, could be forming their own bearish
                               head/shoulders patterns.  But a good rally by them now would push their prices
                               above the apexes of their potential right shoulder in this formation and should
                               then cause a rush of short covering.  It is not clear whether these NASDAQ stocks
                               will breakout above their head/shoulders right-shoulder pivot points.  We should
                               watch them for the next few trading days to get a better idea of the market's
                               strength. Watch these stocks.

                                                         7/2 Price       Pivot-Point
                                            AAPL     187.18             189
                                            ADBE     243.26             246
                                            ADP        134.86            137
                                            EXPD        73.37              75

                                                      HEDGING: Long and Short at Same Time

                               The media is generally telling us that Trump's trade war will hurt many companies
                               and cause inflation.  But the opposite may be true for companies that manufacture
                               in the US and do mostly domestic business.  Possibly some of our really
                               bullish-looking MAXCPs will benefit from such protection.  Thus, hedging using
                               longs on bullish our MAXCPs and shorts on our MINCPs seems particularly
                               appropriate now that the DJI and SP-500 are narrowly confined and the
                               "nifty" high tech leaders are so richly priced and could be forming head.shoulders
                               patterns.   But as good as our Power Ranker is with the MAXCPs and MINCPs,
                               it will pay to study the volatile Biotech charts themselves using our Buy and Sell
                               signals, chart patterns and Closing Power.  Look for very bullish breakouts and
                               very bearish head/shoulders pattern breakdowns.  See how differently two biotechs
                               (BLFS and JNCE) have moved recently to demonstrate this.

                                      Bullish Breakout
BLFS702.GIF (18612 bytes)
                                                  
                              Bearish Breakdown
JNCE702.GIF (20899 bytes)
                                                                             Charts 7/02/2018  
                     
 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,  SWKSMDGL   SPPI  WATT   SQ  TOWN

                         
7/02/2018  (Click on Underlined link.)
                         Bullish MAXCPs -  
http://tigersoft.com/MAXCPZ/702/BULLISH.htm                        
                         Bearish MAXCPs -  http://tigersoft.com/MINCPZ/702/BEARISH.htm      
Table 1        
               QUICKSILVER on ETFS - 07/02/18
  
ETF      CLOSE   CHANGE     PIVOT-PT       5-dma AROC   CL-PWR      CANDLE   IP21    ITRS
---------------------------------------------------------------------------------------------
DIA       242.73    0        242.67        8.7%         Bearish      BLUE   .016     ----
---------------------------------------------------------------------------------------------
COMPQX    7567.69    57.39   7561.63       23.8%        ----         BLUE   .179     .066
---------------------------------------------------------------------------------------------
SPY       271.86    .58      271.6         15.9%        Bearish      BLUE   .055     .027
---------------------------------------------------------------------------------------------
QQQ       172.8    1.15      172.07        41.8%        Bullish      BLUE   .102     .072
---------------------------------------------------------------------------------------------
MDY       355.06    .04      357.07       -20.5%         ----        BLUE   .166     .034
---------------------------------------------------------------------------------------------
IWM       164.9    1.13      166.04       -5.5%         ----         BLUE   .215     .067
---------------------------------------------------------------------------------------------
FAS       63.66    .66       63.53        -12.7%        Bearish      BLUE  -.002    -.011
---------------------------------------------------------------------------------------------
RETL      41.68   -.33       45.46        -376.1%       ----         BLUE   .082     .33
---------------------------------------------------------------------------------------------
SOXL      144.11    2.61     148.32       -93.4%        Bearish      BLUE   .163     .114
---------------------------------------------------------------------------------------------
TECL      137.27    3.98     134.68        153.6%       ----         BLUE   .139     .181
---------------------------------------------------------------------------------------------
IBB       110.69    .87      109.57        22.5%        Bullish      BLUE   .127     .062
---------------------------------------------------------------------------------------------
GLD       117.46   -1.19     119.26       -102.2%       Bearish      RED   -.301    -.065
---------------------------------------------------------------------------------------------
OIL       7.61    .04        6.89          339.4%       Bullish      BLUE   .263     .069
---------------------------------------------------------------------------------------------
OIH       25.55   -.72       25.79         9.6%         Bearish      RED   -.122    -.041
---------------------------------------------------------------------------------------------
GASL      23.07   -1.27      23.54         219.7%       Bearish      RED   -.131     .125
---------------------------------------------------------------------------------------------
UGA       33.83   -.68       33.07         162.2%       Bullish      RED   -.102     .021
---------------------------------------------------------------------------------------------
UUP       25.06    .12       24.99         40%          Bullish      ----   .087     .064
---------------------------------------------------------------------------------------------
IEF       102.25   -.26      102.3         0%           Bearish      RED   -.247     .014
---------------------------------------------------------------------------------------------
XLU      52.33    .37        51.65         71.4%        Bullish      BLUE   .121     .048
---------------------------------------------------------------------------------------------
WEAT      6.13   -.25        6.19         -120.1%       Bearish      RED   -.229    -.023
---------------------------------------------------------------------------------------------
YINN      24   -1.4          26.03        -419.1%       Bearish      ----   .067    -.239
---------------------------------------------------------------------------------------------
RSX       21.07   -.17       20.64         50.4%        Bullish      RED    .109     .01
---------------------------------------------------------------------------------------------
AAPL      187.18    2.07     184.43        135.9%       ----         BLUE  -.031     .137
---------------------------------------------------------------------------------------------
GOOG      1127.46    11.81   1118.46       11.9%        Bullish      BLUE   .057     .058
---------------------------------------------------------------------------------------------
MSFT      100.01    1.4      99.08         82.3%        Bearish      BLUE  -.049     .06
---------------------------------------------------------------------------------------------
AMZN      1713.78    13.98   1691.09       150.4%       ----         BLUE   .118     .129
---------------------------------------------------------------------------------------------
FB        197.36    3.04     199           25.7%        Bullish      BLUE   .172     .194
---------------------------------------------------------------------------------------------
NVDA     242.24    5.34      241.99        65.3%        Bearish      BLUE  -.008     .066
---------------------------------------------------------------------------------------------
BA        336.08    .57      331.3         73.4%        Bearish      BLUE  -.133     0
---------------------------------------------------------------------------------------------
GS        223.26    2.69     221.58        38.8%        Bearish      BLUE  -.119    -.107
---------------------------------------------------------------------------------------------
HD        194.02   -1.08     196.36       -60.3%        ----         BLUE   .194     .103
---------------------------------------------------------------------------------------------
CAT        136.29    .62     135.54       -10.7%        Bearish      BLUE  -.265    -.104
 
Table 2
    Count of Stocks in Key Directories
          20180702
-------------------------------
NEWHIGHS       103 
NEWLOWS        100 
MAXCP          67 
MINCP          97    Professionals still more bearish than bullish.
TTTNH          64 
TTTNL          142   Day Traders are 2:1 bearish.
FASTUP         82 
FASTDOWN       126   Swing traders are net bearish.
CPCROSSA       228   Big improvment in Professional bullishness.
CPCROSSD       66 
BIGVOLUP       9 
BIGVODN        11 
 
Table 3
Count of Stocks and New Highs in Key Tiger Directories
Date = 180702
               No.           NHs           Pct.
-------------------------------------------------------------------
-------------------------------------------------------------------
MAXCP          67            39            58 %
EDU            7             2             29 %
COMPUTER       23            2             9 %
GREEN          29            2             7 %
SOFTWARE       64            4             6 %
BEVERAGE       20            1             5 %
TRANSP         20            1             5 %
UTILITY        41            2             5 %
HACKERS        23            1             4 %
BIOTECH        410           13            3 %
CHEM           62            2             3 %
ELECTRON       173           5             3 %
FIDSTKS        186           5             3 %
BIG17          46            1             2 %
CHINA          60            1             2 %
INDMATER       82            2             2 %
NASD-100       89            2             2 %
SEMI           126           2             2 %
FINANCE        90            1             1 %
INDEXES        189           1             1 %
OILGAS         157           2             1 %
REIT           173           2             1 %
RUS-1000       819           10            1 %
SP-100         94            1             1 %
SP500          477           6             1 %
 
Table 4
Count of Stocks and New Lows in Key Tiger Directories
Date = 180702
               No.           NLs           Pct.
------------------------------------------------- 
FOOD           9             5             56 %
MINCP          97            41            42 %
BIGBANKS       7             1             14 %
HOSPITAL       7             1             14 %
PIPELINE       7             1             14 %
COMODITY       55            7             13 %
CHINA          60            7             12 %
AUTO           40            3             7 %
FINANCE        90            5             6 %
ETFS           61            3             5 %
SOLAR          19            1             5 %
GAMING         28            1             4 %
HACKERS        23            1             4 %
BIOTECH        410           12            3 %
FIDSTKS        186           5             3 %
INFRA          34            1             3 %
OILGAS         157           4             3 %
BONDFUND       111           2             2 %
ELECTRON       173           3             2 %
SEMI           126           2             2 %
SOFTWARE       64            1             2 %
SP500          477           10            2 %
UTILITY        41            1             2 %
INDMATER       82            1             1 %
INDEXES        189           2             1 %
NASD-100       89            1             1 %
REIT           173           1             1 %
RUS-1000       819           12            1 %
SP-100         94            1             1 %
Table 5
RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA
              7/2/18
 Bullish = 25
 Bearish = 22
---------------------------------------------------------------------------------------
Directory     Current       day-1         day-2         day-3         day-4         day-5
----------------------------------------------------------------------------------------
REIT           .884          .878          .878          .895          .913          .924 
UTILITY        .756          .707          .707          .707          .707          .682 
NIFTY          .724          .689          .655          .689          .724          .689 
BONDFUND       .72           .666          .594          .603          .558          .531 
EDU            .714          .714          .714          .714          .571          .571 
RETAIL         .673          .73           .711          .788          .807          .846 
COMPUTER       .652          .565          .608          .608          .695          .652 
BEVERAGE       .65           .65           .7            .55           .75           .75 
NASD-100       .64           .617          .595          .528          .617          .606 
SOFTWARE       .64           .562          .531          .468          .578          .578 
COAL           .625          .75           .75           .75           .75           .625 
HACKERS        .608          .565          .521          .391          .521          .478 
OILGAS         .598          .662          .636          .681          .636          .522 
CHEM           .596          .612          .596          .612          .629          .596 
INDEXES        .576          .55           .566          .507          .529          .55 
HOSPITAL       .571          .428          .428          .428          .571          .571 
PIPELINE       .571          .714          .714          .571          .857          .571 
SP500          .555          .557          .551          .53           .584          .584 
FIDSTKS        .553          .548          .516          .473          .543          .553 
SP-100         .553          .553          .542          .489          .574          .595 
RUS-1000       .551          .544          .537          .525          .586          .584 
REGBANKS       .548          .387          .548          .516          .677          .709 
BIOTECH        .541          .519          .502          .497          .587          .57 
DOWJONES       .533          .533          .566          .5            .633          .6 
ELECTRON       .514          .445          .445          .427          .531          .468 
N==25
--------------------------------------------------------------------------------------------
GAMING         .5            .571          .5            .5            .642          .571 
BIG17          .478          .434          .434          .434          .456          .456 
SEMI           .476          .42           .42           .38           .492          .436 
GREEN          .448          .413          .379          .517          .551          .482 
FINANCE        .422          .344          .355          .322          .466          .5 
INDMATER       .414          .451          .439          .451          .439          .39 
HOMEBLDG       .411          .47           .411          .411          .411          .411 
MILITARY       .405          .378          .378          .378          .486          .432 
TRANSP         .4            .3            .25           .3            .4            .4 
GUNS           .388          .555          .555          .666          .666          .666 
DJI-13         .384          .384          .384          .307          .384          .307 
INFRA          .382          .352          .382          .382          .47           .352 
AUTO           .325          .275          .325          .375          .425          .425 
COMODITY       .309          .327          .309          .29           .254          .218 
GOLD           .26           .28           .22           .24           .28           .26 
INSURANC       .258          .29           .193          .161          .193          .258 
SOLAR          .21           .21           .21           .263          .315          .263 
BIGBANKS       .142          .142          .142          0             0             .142 
CHINA          .116          .133          .116          .133          .216          .216 
JETS           .1            .1            0             .1            .1            .1 
ETFS           .081          .131          .098          .049          .081          .081 
FOOD           0             0             0             0             0             0 


====================================================================
            6/28/2018  
The operative Peerless signal remains a Sell S9V.  The DJI is down
                                200 as I write this.  This seems to be a response to Canada's retaliatory tariffs
                                on the US exports.  This was highly predictable.  The big questions remain
                                what will be Europe's and China's response to the Trump tariffs and will
                                Peerless give a reversing Buy B2 or B9 on a DJI close near 24000. First,
                                I think we can safely surmise that the response of Europe and China to Trump's
                                tariffs will be a lot more hostile.  But Peerless does not know any of this and will
                                almost certainly give a Buy B2 or Buy B9 on a close near 24000.  However, a
                                decline tomorrow much lower, may scare Peerless away from giving a Buy signal. 

                                Ordinarily, we would expect a rally this week because of Independence Day
                                (Wednesday).  That was the primary reason for covering the DIA short on Friday. 
                                But this seasonal bounce is running out of time.

                                Let's look back at earlier Buy B2s and Buy B9s (The P-Indicator remains positive,
                                so a B9 is likley.) when they occur at the end of June.  We find no less than
                                five successful B2s and B9s since 1929. Each of these suffered a small paper
                                loss.  It is important, I think, that none of them took place with the DJI down much
                                more than 3.1% below their 21-dma.  That roughly corresponds to 24000.
                                From all these factors, I would suggest that a  drop tomorrow much  below 24000
                                may well bring another test of 23500.  That will certainly be interesting.  The flat,
                                well-tested support there is of great technical importance.  A close below 23300
                                will bring a Sell S10, one way or another, computed or judged.

                                The Tiger Stocks' Hotline on our Elite Page is short 10 stocks and long none.
                               
                               
                                                         
  End of June Buy B2s/B9s

                                                            Gain   Paper   la/ma  aroc   P-I   IP21   V-I     OPct
                                                                      Loss
                                -----------------------------------------------------------------------
                                B2     6/28/1939   +.16   -.02      .969 
-.434  -57   -.003  -69    .153
                                B2     6/28/1951   +.13   -.01      .977
-.210 -105 +.094 -239 -.145
                                B2     6/23/1978   +.10   -.03      .970 
-.203 -114 -.110   -1      .072
                                B2     6/24/1991   +.03   -.01      .978   .052   -47 +.113  -9       .017
                                B9     6/24/2005   +.12   -.01      .979  -.181 +356-.121  +13    .215
                               *B9    7/2/2018       ???    ???      .969  -.305   +37 -.016  -87    -.152
                               (*This is based on a close at 24000 with 1300 more down than up and
                                NYSE Down volume 3x Up Volume.

                               Any close much below 24000 would drop the "la/ma" below the .969
                               level in the cases above and make any B2 or B9 look more risky.  Traders
                               may not want to buy until the Chinese and Europeons respond to Trump's
                               latets tariffs.
                              
                                                                 
Professional Selling

                                Friday's big jump in prices at the opening was crushed once again.  Big supplies
                                of institutional stock for sale continue to overhang the market and aggressive
                                Institutional sell orders again dominated at the close.  That is the main meaning I
                                make of the failures of  the market to hold its big early big gains.  The DJI's
                                negative V-Indicator, the way the Hourly DISI (OBV) is making new lows
                                ahead of prices and the falling Closing powers are warnings that we cannot yet
                                trust the potential Buy B2 occurring if the DJI comes down closer to the
                                lower 3% band. 

DATA629.GIF (17801 bytes)

HRDJI.GIF (9631 bytes)

                                                          SPY must hold above 268.
    
SPY629.GIF (13188 bytes)
                          

                                                                
   Winners and Losers

                               The tariffs' wars make for new winners and losers.  The best way I know to
                               distinguish them is to watch the Bullish MAXCPs and BEARISH MINCPs.
                               Biotechs, Crude Oil, Gold and Silver seem to be favored now by bulls.  Tariffs
                               will have little effect on Biotechs.  Crude Oil looks technically strong.  And Gold
                               and Silver are over-sold and should rally unless the Fed becomes very aggressive
                               with interest rates, something the White House will discourage more and more
                               as the political wars leading up to the November Election heat up.

                               We see lots of Latin American stocks among the bearish MINCPs.  Exporting
                               to the US is getting more expensive.  That also makes the currencies of many
                               countries overseas weak against the Dollar.  That the rising domestic and
                               international debts are showing more delinquencies is very unsettling to American
                               banks.   Thus, we see much weakness in the big banks, like BAC and JPM. Adding
                               to that is the fear that there will be no big domestic infrastructure undertaking by
                               the Federal Goverment because the US Debt is too large.  Will the US economy
                               as a whole start to slow down?  We should watch a number of key stocks now
                               to see if they can stay above their important support levels.  This will tell us
                               if these anxieties are growing and are likely to drop the DJI down to 23400-23500.
                               The Janaury lows there offer critical support.


                                 
6/29       Stock         Important Support    Comments
                                  -----------------------------------------------------------
                                 14.99      AMD          14.64        Semi-Conductors often lead the market.                                    28.19      BAC            28.00        Bank of America is very big US bank stock.
                                 135.67     CAT          137.5        CAT represents a big bet on Infrastructure world-wide.
                                 186.65    BRKB       188.0         Berks.Hathaway represents value investors' confidence.
                                 194.32    FB              193.00       FaceBook is a internet stock.
                                 104.2      JPM            103.85      JP Morgan has dominated US banking for 120 years.
                                 271.2      SPY            268.14      SP-500's support is at its flat 65-dma
                                   61.64    SQ                60.          Square represents small business in US
                                 133.29    TECL         129.00      Tech ETF hovering just above 65-dma
.

                                                                            Charts 6/29/2018  
                     
 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       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,  SWKSMDGL   SPPI  WATT   SQ  TOWN

                         
6/29/2018  (Click on Underlined link.)
                         Bullish MAXCPs -  
http://tigersoft.com/MAXCPZ/629/BULLISH.htm                      
                         Bearish MAXCPs -  http://tigersoft.com/MINCPZ/629/BEARISH.htm    
Table 1        
               QUICKSILVER on ETFS - 06/29/18
  
ETF      CLOSE   CHANGE     PIVOT-PT       5-dma AROC   CL-PWR      CANDLE   IP21    ITRS
---------------------------------------------------------------------------------------------
DIA       242.73    .65      242.31       -61%          Bearish      RED   -.019     -----
---------------------------------------------------------------------------------------------
COMPQX    7510.3    6.62     7532.01      -120.9%       ----         RED    .182     .053
---------------------------------------------------------------------------------------------
SPY       271.28    .39      271          -63.7%        Bearish      RED    .047     .024
---------------------------------------------------------------------------------------------
QQQ       171.65    .46      171.37       -106.7%       ----         RED    .113     .056
---------------------------------------------------------------------------------------------
MDY       355.02    .42      356.52       -93.4%        Bearish      RED    .112     .036
---------------------------------------------------------------------------------------------
IWM       163.77   -.11      165.08       -122.5%       Bearish      RED    .168     .063
---------------------------------------------------------------------------------------------
FAS       63    .03          63.82        -241.6%       Bearish      RED   -.051    -.017
---------------------------------------------------------------------------------------------
RETL      42.01   -1.44      44.98        -555%         ----         RED    .026     .292
---------------------------------------------------------------------------------------------
SOXL      141.5    .62       146.78       -663.8%       Bearish      RED    .197     .063
---------------------------------------------------------------------------------------------
TECL      133.29   -.49      133.19       -322.5%       ----         RED    .164     .105
---------------------------------------------------------------------------------------------
IBB       109.82    1.87     110.2        -110.1%       Bullish      BLUE   .127     .053
---------------------------------------------------------------------------------------------
GLD       118.65    .43      119.89       -70.9%        Bearish      BLUE  -.286    -.055
---------------------------------------------------------------------------------------------
OIL       7.61    .04        6.89          339.4%       Bullish      BLUE   .263     .077
---------------------------------------------------------------------------------------------
OIH       26.27   -.08       25.5          17.3%        Bearish      RED   -.1    -.013
---------------------------------------------------------------------------------------------
GASL      24.34    .1        22.03         183%         ----         BLUE  -.133     .167
---------------------------------------------------------------------------------------------
UGA       34.51    .61       32.74         222.2%       Bullish      BLUE  -.084     .058
---------------------------------------------------------------------------------------------
UUP       24.94   -.2        24.86         8%           Bullish      RED    .087     .073
---------------------------------------------------------------------------------------------
IEF       102.51   -.08      102.25        19.5%        Bearish      RED   -.201     .021
---------------------------------------------------------------------------------------------
XLU      51.96    .08        51.59         117.4%       Bullish      BLUE   .058     .039
---------------------------------------------------------------------------------------------
WEAT      6.38    .22        6.28         -24%          Bearish      BLUE  -.19     0
---------------------------------------------------------------------------------------------
YINN      25.4    .97        26.11        -462.1%       Bearish      RED    .06    -.22
---------------------------------------------------------------------------------------------
RSX       21.24    .39       20.86         86.7%        Bullish      BLUE   .136     .01
---------------------------------------------------------------------------------------------
AAPL      185.11   -.39      182.17        5.2%         Bearish      RED   -.018     .087
---------------------------------------------------------------------------------------------
GOOG      1115.65    1.43    1124.81      -177.3%       ----         RED    .094     .041
---------------------------------------------------------------------------------------------
MSFT      98.61   -.02       98.39        -91.1%        Bearish      RED   -.033     .042
---------------------------------------------------------------------------------------------
AMZN      1699.8   -1.65     1663.15      -47.1%        Bearish      RED    .085     .107
---------------------------------------------------------------------------------------------
FB        194.32   -1.91     196.35       -187.5%       ----         RED    .161     .172
---------------------------------------------------------------------------------------------
NVDA     236.9   -3.96       239.12       -290.6%       Bearish      RED   -.005     .05
---------------------------------------------------------------------------------------------
BA        335.51    .86      331.2        -51%          Bearish      RED   -.157     .001
---------------------------------------------------------------------------------------------
GS        220.57   -2.85     221.54       -122.4%       Bearish      RED   -.184    -.117
---------------------------------------------------------------------------------------------
HD        195.1   -.11       196.38       -58.9%        ----         RED    .15     .117
---------------------------------------------------------------------------------------------
CAT        135.67   -.36     136.58       -156.4%       Bearish      RED   -.289    -.113
 
Table 2   Count of Stocks in Key Directories
          20180629
-------------------------------
NEWHIGHS       81  
NEWLOWS        67 
MAXCP          47 
MINCP          232  Bearish
TTTNH          76 
TTTNL          228  Bearish
FASTUP         71 
FASTDOWN       243  Bearish
CPCROSSA       68 
CPCROSSD       37 
BIGVOLUP       8 
BIGVODN        10 
 
Table 3
Count of Stocks and New Highs in Key Tiger Directories
Date = 180628
               No.           NHs           Pct.
-------------------------------------------------------------------
-------------------------------------------------------------------
MAXCP          47            30            64 %
CHEM           62            3             5 %
COMODITY       55            3             5 %
COMPUTER       23            1             4 %
HACKERS        23            1             4 %
OILGAS         157           7             4 %
DOWJONES       30            1             3 %
GREEN          29            1             3 %
MILITARY       37            1             3 %
SOFTWARE       64            2             3 %
BIG17          46            1             2 %
CHINA          61            1             2 %
NASD-100       89            2             2 %
REIT           173           4             2 %
SP-100         94            2             2 %
UTILITY        41            1             2 %
BIOTECH        410           6             1 %
ELECTRON       174           2             1 %
FIDSTKS        186           2             1 %
INDMATER       82            1             1 %
INDEXES        189           1             1 %
RUS-1000       819           10            1 %
SEMI           127           1             1 %
SP500          477           6             1 %
 
Table 4
Count of Stocks and New Lows in Key Tiger Directories
Date = 180628
               No.           NLs           Pct.
-------------------------------------------------
MINCP          232           43            19 %
SOLAR          20            3             15 %
BIGBANKS       7             1             14 %
HOSPITAL       7             1             14 %
FOOD           9             1             11 %
AUTO           40            3             7 %
BIOTECH        410           21            5 %
COMODITY       55            3             5 %
SEMI           127           6             5 %
FINANCE        90            4             4 %
GAMING         28            1             4 %
HACKERS        23            1             4 %
CHINA          61            2             3 %
ELECTRON       174           6             3 %
INFRA          34            1             3 %
REGBANKS       31            1             3 %
CHEM           62            1             2 %
FIDSTKS        186           3             2 %
OILGAS         157           3             2 %
RETAIL         52            1             2 %
SOFTWARE       64            1             2 %
SP500          477           10            2 %
UTILITY        41            1             2 %
BONDFUND       111           1             1 %
INDEXES        189           1             1 %
NASD-100       89            1             1 %
REIT           173           1             1 %
RUS-1000       819           12            1 %
SP-100         94            1             1 %
 
Table 5  RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA
               6/29/18
Bullish = 24
Bearish = 23
---------------------------------------------------------------------------------------
Directory     Current       day-1         day-2         day-3         day-4         day-5
----------------------------------------------------------------------------------------
REIT           .878          .878          .895          .913          .93           .936 
COAL           .75           .75           .75           .75           .625          .75 
RETAIL         .73           .711          .788          .807          .846          .846 
EDU            .714          .714          .714          .571          .571          .714 
PIPELINE       .714          .714          .571          .857          .571          .714 
UTILITY        .707          .707          .707          .707          .682          .609 
NIFTY          .689          .655          .689          .724          .689          .827 
BONDFUND       .666          .594          .603          .558          .531          .594 
OILGAS         .662          .636          .681          .636          .535          .681 
BEVERAGE       .65           .7            .55           .75           .75           .7 
NASD-100       .617          .595          .528          .617          .606          .685 
CHEM           .612          .596          .612          .629          .596          .629 
GAMING         .571          .5            .5            .642          .571          .678 
COMPUTER       .565          .608          .608          .695          .652          .695 
HACKERS        .565          .521          .391          .521          .521          .565 
SOFTWARE       .562          .531          .468          .578          .578          .703 
SP500          .557          .551          .53           .584          .587          .631 
GUNS           .555          .555          .666          .666          .666          .611 
SP-100         .553          .542          .489          .574          .595          .627 
FIDSTKS        .548          .516          .473          .543          .553          .618 
RUS-1000       .544          .537          .525          .586          .586          .648 
INDEXES        .539          .566          .507          .529          .555          .64 
DOWJONES       .533          .566          .5            .633          .6            .6 
BIOTECH        .519          .502          .497          .587          .57           .636 
N=24
==========================================================================================
HOMEBLDG       .47           .411          .411          .411          .411          .411 
INDMATER       .451          .439          .451          .439          .39           .56 
ELECTRON       .442          .442          .425          .528          .465          .586 
BIG17          .434          .434          .434          .456          .456          .5 
HOSPITAL       .428          .428          .428          .571          .571          .857 
SEMI           .417          .417          .377          .488          .425          .559 
GREEN          .413          .379          .517          .551          .482          .551 
REGBANKS       .387          .548          .516          .677          .709          .87 
DJI-13         .384          .384          .307          .384          .307          .461 
MILITARY       .378          .378          .378          .486          .432          .54 
INFRA          .352          .382          .382          .47           .352          .588 
FINANCE        .344          .355          .322          .466          .511          .644 
COMODITY       .327          .309          .29           .254          .218          .29 
TRANSP         .3            .25           .3            .4            .4            .5 
INSURANC       .29           .193          .161          .193          .258          .354 
GOLD           .28           .22           .24           .28           .26           .32 
AUTO           .275          .325          .375          .425          .425          .55 
SOLAR          .2            .2            .25           .3            .25           .3 
BIGBANKS       .142          .142          0             0             .142          .142 
CHINA          .131          .114          .131          .213          .213          .278 
ETFS           .131          .098          .049          .081          .081          .131 
JETS           .1            0             .1            .1            .1            .2 
FOOD           0             0             0             0             0             .111 
 

                        


====================================================================
            6/28/2018  
The operative Peerless signal remains a Sell S9V.  The very
                                negative V-I readings prevent our getting a Buy B2 now and
                                the S9s prevent a Stochastic-20 Buy B3.  And it remains to be
                                seen if the sellers that have regularly come forward after an up-opening,
                                will allow a multiple day rally unfold. 

                                Still, I would cover the shorts in DIA and buy some of the Bullish MAXCPs.

                                Today the lower band and 24000 held on the DJI.  A typical rally going into
                                Independence Day (July Fourth) is developing.  

                                I would now expect the DJI  to rally to its 21-dma.  After that, it may top out
                                and threaten to complete a bearish head/shoulders pattern. So might the SP-500.
                                Supporting that scenario is the relatively low volume on today's rally.  But the
                                news of the retirement of Justice Kennedy from the Supreme Court is very bullish. 
                                It should give business interests a majority there for a decade. 
                                See
                                 https://www.nytimes.com/2018/06/28/opinion/sunday/supreme-court-kennedy-roberts.html

                               
Importantly, the Big Banks (BAC and JPM) did not break below their well-tested
                                support today even though Thursday's decline at the close looked quite menacing.
                                It was also significant that the SP-500 and TECL (representing tech stocks) did not
                                break below their 65-dma.  If their Closing Power downtrends can be broken,
                                a rally back to their upper bands this Summer would seem very likely.  But
                                first, they must rise above the resistance of their 5-day ma pivot-points.  

                                                       Very Negative V-I Over-Rides
                                              Positive PI and IP21 Readings at Lower Band

                               
Though I would like to, I cannot accord the market a Buy B2 now even though
                                it could be argued that we should work with a narrower lower band, just as
                                we used a narrower upper band to get the last Sell S9-V.  The reason is that
                                the bearishness of the currently very negative V-Indicator historically
                                overrides the presence of both a positive P-Indicator and a positive
                                Accumulation Index (IP21) when the DJI is 2.3% below the 21-day
                                in May, June and July.  A brief rally may occur but a much bigger decline
                                occurred in 3 of 4 cases where these conditions were present.  In particular,
                                we have to become concerned if the DJI were to form a bearish head and
                                shoulders pattern, as occurred at the tops in 2001, 2002 and 2008.

                                The 2006 version of Peerless does give a Buy B2.  But that was
                                before the V-Indicator's negativity was much factored in  This
                                began in July 2011.

                               
Date               DJI       LA/MA    P-I       IP21     V-I        Outcome
                                ------------------------------------------------------------------

                              
5/24/1999    10655  .978          +31      +.028   -37      
                               
DJI fell to 10467 (2%) and then rallied to 10971.
                                ------------------------------------------------------------------
                                6/14/2001      12690 .967       
  +50    +.034     -119
                               
DJI immediately completed head/shoulders and fell to 8376 on 9/20/2001.
                                ------------------------------------------------------------------
                                5/21/2008       12601 .978     
+194    +.039    -52
                               
DJI immediately completed head/shoulders and fell to 7552 on 11/20/2002.
                                ------------------------------------------------------------------
                                6/2/2008          12504  .978      
  +35     +.016  -125       
                               
DJI immediately fell to 7552 on 11/20/2008.
                                ------------------------------------------------------------------
                                6/25/2018        24253   .976   
  +154   +.086    -84
            NOW           6/28/2018        24216   .977    
   +98   +.020    -82 

                                         The Heavier NYSE Down Volume Needs to Dimminish

KV628.GIF (994 bytes)
DATA628.GIF (13476 bytes)
VI628.GIF (4307 bytes)

                                         The Closing Power Down-Trends Must Be Broken
                                         on DIA, SPY and QQQ

DIA
DIA-628.GIF (20777 bytes)
SPY
SPY-628.GIF (19845 bytes)
QQQ
QQQ-628.GIF (18760 bytes)

                                              

                                                                              Charts 6/28/2018  
                     
 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,  SWKSMDGL   SPPI  WATT   SQ  TOWN

                         
6/28/2018  (Click on Underlined link.)
                         Bullish MAXCPs -  
http://tigersoft.com/MAXCPZ/628/BULLISH.htm                    
                         Bearish MAXCPs -  http://tigersoft.com/MINCPZ/628/BEARISH.htm  
Table 1   
     The 5-day ma pivot-points should act as resistance on rally.

                     QUICKSILVER on ETFS - 06/28/18
  
ETF      CLOSE   CHANGE     PIVOT-PT       5-dma AROC   CL-PWR      CANDLE   IP21    ITRS
---------------------------------------------------------------------------------------------
DIA       242.08    .96      245.69       -49.7%        Bearish      BLUE   -.009    ----
---------------------------------------------------------------------------------------------
COMPQX    7503.68    58.6    7692.82      -137.9%       ----         BLUE   .183     .05
---------------------------------------------------------------------------------------------
SPY       270.89    1.54     274.74       -61.5%        Bearish      BLUE   .078     .023
---------------------------------------------------------------------------------------------
QQQ       171.19    1.46     175.32       -130.8%       ----         BLUE   .124     .05
---------------------------------------------------------------------------------------------
MDY       354.6    1.43      361.68       -94.6%        Bearish      BLUE   .066     .035
---------------------------------------------------------------------------------------------
IWM       163.88    .5       167.82       -135.4%       Bearish      BLUE   .171     .062
---------------------------------------------------------------------------------------------
FAS       62.97    1.66      66.07        -280.1%       Bearish      BLUE  -.007     .008
---------------------------------------------------------------------------------------------
RETL      43.45    0         46.99        -470.2%       ----         BLUE   .028     .294
---------------------------------------------------------------------------------------------
SOXL      140.88    3.47     161          -789.2%       Bearish      BLUE   .205    -.07
---------------------------------------------------------------------------------------------
TECL      133.78    4.54     141.97       -353.8%       ----         BLUE   .179     .077
---------------------------------------------------------------------------------------------
IBB       107.95    .61      112.23       -211.1%       ----         BLUE   .118     .027
---------------------------------------------------------------------------------------------
GLD       118.22   -.36      120.34       -76.5%        Bearish      RED   -.353    -.054
---------------------------------------------------------------------------------------------
OIL       7.61    .04        6.89          339.4%       Bullish      BLUE   .263     .083
---------------------------------------------------------------------------------------------
OIH       26.35   -.09       26.18         203.2%       Bearish      RED   -.096    -.006
---------------------------------------------------------------------------------------------
GASL      24.24    .03       23.48         466%         ----         RED   -.135     .148
---------------------------------------------------------------------------------------------
UGA       33.9    .13        33.03         280.9%       Bullish      ----  -.102     .045
---------------------------------------------------------------------------------------------
UUP       25.14    0         24.9          30%          Bullish      ----   .07     .091
---------------------------------------------------------------------------------------------
IEF       102.59   -.1       102.11        24.4%        ----         RED   -.177     .025
---------------------------------------------------------------------------------------------
XLU      51.88   -.02        50.75         144.4%       Bullish      RED    .051     .043
---------------------------------------------------------------------------------------------
WEAT      6.16   -.06        6.41         -229.8%       Bearish      RED   -.229    -.025
---------------------------------------------------------------------------------------------
YINN      24.43    .55       27.77        -493.1%       Bearish      BLUE   .087    -.238
---------------------------------------------------------------------------------------------
RSX       20.85    .27       20.88         99.1%        ----         BLUE   .019    -.009
---------------------------------------------------------------------------------------------
AAPL      185.5    1.34      184.92        1.1%         Bearish      BLUE  -.035     .064
---------------------------------------------------------------------------------------------
GOOG      1114.22    10.24   1155.48      -191.9%       ----         BLUE   .136     .061
------------------------------------------------------------------  ---------------------------
MSFT      98.63    1.09      100.41       -126.4%   Bearish      BLUE  -.042     .044
---------------------------------------------------------------------------------------------
AMZN      1701.45    40.94   1715.67      -85%   ----      BLUE   .127     .135
---------------------------------------------------------------------------------------------
FB        196.23    .39      201.74       -132.5%   Bullish      BLUE   .235     .201
---------------------------------------------------------------------------------------------
NVDA     240.86    5.14      250.95       -331.7%   Bearish      BLUE   .009     .04
---------------------------------------------------------------------------------------------
BA        334.65    4.83     338.91       -45.1%   Bearish      BLUE  -.162     .003
---------------------------------------------------------------------------------------------
GS        223.42    3.24     226.02       -79.7%   Bearish      BLUE  -.137    -.099
---------------------------------------------------------------------------------------------
HD        195.21    .19      197.41       -129.4%   ----      BLUE   .201     .107
---------------------------------------------------------------------------------------------
CAT        136.03    1.42    139.94       -127.5%   Bearish      BLUE  -.285    -.106
Table 2   Count of Stocks in Key Directories
          20180628
-------------------------------
NEWHIGHS       75 
NEWLOWS        107   Still Bearish
MAXCP          48 
MINCP          200   Still Bearish
TTTNH          68 
TTTNL          272   Still Bearish
FASTUP         95 
FASTDOWN       253   Still Bearish
CPCROSSA       133   Professionals shifting to bullish side.
CPCROSSD       45 
BIGVOLUP       2 
BIGVODN        14
Table 3
Count of Stocks and New Highs in Key Tiger Directories
Date = 180628
               No.           NHs           Pct.
-------------------------------------------------------------------
-------------------------------------------------------------------
MAXCP          48            29            60 %
CHEM           62            4             6 %
SOFTWARE       64            3             5 %
HACKERS        23            1             4 %
OILGAS         157           7             4 %
MILITARY       37            1             3 %
NASD-100       89            3             3 %
REIT           173           6             3 %
COMODITY       56            1             2 %
ETFS           61            1             2 %
UTILITY        41            1             2 %
BIOTECH        410           5             1 %
ELECTRON       174           1             1 %
FIDSTKS        186           1             1 %
INDMATER       82            1             1 %
INDEXES        189           1             1 %
RUS-1000       819           12            1 %
SP-100         94            1             1 %
SP500          477           7             1 %
 
Table 4
Count of Stocks and New Lows in Key Tiger Directories
Date = 180628
               No.           NLs           Pct.
-------------------------------------------------
MINCP          200           56            28 %
FOOD           9             2             22 %
SOLAR          20            3             15 %
HOSPITAL       7             1             14 %
PIPELINE       7             1             14 %
GOLD           50            6             12 %
ETFS           61            7             11 %
AUTO           40            4             10 %
COMODITY       56            5             9 %
HACKERS        23            2             9 %
BIOTECH        410           30            7 %
INFRA          34            2             6 %
BEVERAGE       20            1             5 %
SEMI           127           6             5 %
FINANCE        90            4             4 %
INDMATER       82            3             4 %
CHINA          61            2             3 %
DOWJONES       30            1             3 %
ELECTRON       174           6             3 %
MILITARY       37            1             3 %
OILGAS         157           4             3 %
SOFTWARE       64            2             3 %
SP500          477           13            3 %
BIG17          46            1             2 %
CHEM           62            1             2 %
FIDSTKS        186           4             2 %
INDEXES        189           3             2 %
NASD-100       89            2             2 %
RUS-1000       819           18            2 %
UTILITY        41            1             2 %
BONDFUND       111           1             1 %
SP-100         94            1             1 %
 
 Table 5
 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA
              6/28/18
 Bullish = 24
 Bearish = 22
---------------------------------------------------------------------------------------
Directory     Current       day-1         day-2         day-3         day-4         day-5
----------------------------------------------------------------------------------------
REIT           .878          .895          .913          .93           .936          .919 
COAL           .75           .75           .75           .625          .75           .75 
EDU            .714          .714          .571          .571          .714          .571 
PIPELINE       .714          .571          .857          .571          .714          .571 
RETAIL         .711          .788          .807          .846          .846          .865 
UTILITY        .707          .707          .707          .682          .609          .56 
BEVERAGE       .7            .55           .75           .75           .7            .6 
NIFTY          .655          .689          .724          .689          .827          .862 
OILGAS         .636          .681          .636          .535          .675          .579 
COMPUTER       .608          .608          .695          .652          .695          .695 
CHEM           .596          .612          .629          .596          .612          .596 
NASD-100       .595          .528          .617          .606          .685          .685 
BONDFUND       .594          .603          .558          .531          .585          .576 
DOWJONES       .566          .5            .633          .6            .6            .433 
INDEXES        .566          .507          .529          .555          .629          .576 
GUNS           .555          .666          .666          .666          .666          .666 
SP500          .551          .53           .584          .587          .631          .61 
REGBANKS       .548          .516          .677          .709          .87           .838 
SP-100         .542          .489          .574          .595          .627          .553 
RUS-1000       .537          .525          .586          .586          .648          .625 
SOFTWARE       .531          .468          .578          .578          .703          .75 
HACKERS        .521          .391          .521          .521          .608          .695 
FIDSTKS        .516          .473          .543          .553          .618          .586 
BIOTECH        .502          .497          .587          .57           .634          .619
n=24  
===========================================================================================
GAMING         .5            .5            .642          .571          .678          .714 
===========================================================================================
ELECTRON       .442          .425          .528          .465          .586          .614 
INDMATER       .439          .451          .439          .39           .56           .487 
BIG17          .434          .434          .456          .456          .5            .565 
HOSPITAL       .428          .428          .571          .571          .857          .857 
SEMI           .417          .377          .488          .425          .559          .582 
HOMEBLDG       .411          .411          .411          .411          .411          .47 
DJI-13         .384          .307          .384          .307          .461          .23 
INFRA          .382          .382          .47           .352          .588          .411 
GREEN          .379          .517          .551          .482          .551          .551 
MILITARY       .378          .378          .486          .432          .567          .513 
FINANCE        .355          .322          .466          .511          .644          .611 
AUTO           .325          .375          .425          .425          .525          .55 
COMODITY       .303          .285          .25           .214          .303          .214 
TRANSP         .25           .3            .4            .4            .5            .65 
GOLD           .22           .24           .28           .26           .32           .28 
SOLAR          .2            .25           .3            .25           .3            .35 
INSURANC       .193          .161          .193          .258          .354          .29 
BIGBANKS       .142          0             0             .142          .142          .142 
CHINA          .114          .131          .213          .213          .278          .262 
ETFS           .098          .049          .081          .081          .131          .098 
FOOD           0             0             0             0             .111          .111 
JETS           0             .1            .1            .1            .2            .5 
n=22


====================================================================
           6/27/2018   
The operative Peerless signal remains a Sell S9V.  Stay short DIA.
                               While we may  now get a brief seasonal rally going into July 4th, it may not
                               rise very far.  No one know just how China or Europe will react to Trump
                               tariffs. Since 1966, the DJI has risen 68.8% of the time over the next 3 trading days
                               in the year of mid-term Elections (1966, 1970, 1974...)  But this rally typically
                               lasts only for a week.  After that, the seasonality turns bearish.  . 

                               The DJI closed 3% below the 21-day ma.  It will only take a further
                               decline of 75 points tomorrow to bring a Buy B2.   Such Buy signals are reliable
                               and we will act on it.  But be careful about anticipating the Buy signal.  I think
                               we should play the odds as Peerless presents them.  (The situation is not
                               unlike playing the card game Blackjack.  One can play by hunches or one
                               can play using the optimal system of betting.  In other words, we can depend
                               on luck or we can employ what has worked best over all the cases since 1929.)

                               The very negative V-Indicator and multiple Sell S9s that we see us
                               now are still telling us that a bear market is still a distinct possibility.  Without
                               a Buy B2,  bear markets soon followed the tagging of the lower band back
                               at June 2001, June 2002 and June 2008.  Thus, it is significant, I believe, that all
                               the major market ETFs show downtrending Closing Powers, that the Hourly
                               DJI chart shows both falling price and Hourly DJI price and DISI trends and
                               it is downright dangerous, the way institutions and traders alike have been very
                               quick to sell into and overwhelm each and every recent rally.  Higher openings
                               that give way to much lower closing definitely dismay the bulls.  So, I would
                               expect more weakness tomorrow.  We see this as "red popsicles" in our
                               TigerSoft candle-stick charts. 

                               I am concerned that a rally now could set up more bearish head/shoulders in a week. 
                               But a decline by SPY, TECL and FAS now could bring a much deeper decline as
                               they break key support levels.  There does not appear an easy way out of the current
                               weakness.   So, any Buy B2 will be worrisome.  More on this if it occurs tomorrow.
                               For now, note that there are some positive technicals. The long-term trend of
                               the A/D Line is still rising.  The current Accumulation Index remains positive for
                               most of the major ETFs.  The Dollar is strong. It made a 12-month high today. 

                              What will need to see are some closing above the openings, in other words, some
                               blue Tiger candlesticks and a break in the Closing Power downtrends. Professionals
                               will have to stop their steady selling into strength and become net buyers.

DIA now
DIA628.GIF (14472 bytes)
SPY is at key support.
SPY628.GIF (14546 bytes)
QQQ
QQQ628.GIF (12674 bytes)
TECL is at key support
TECL628.GIF (13027 bytes)
FAS626.GIF (13351 bytes)
 
                                                                              Charts 6/27/2018  
                     
 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       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,  SWKSMDGL   SPPI  WATT   SQ  TOWN

                         
6/27/2018  (Click on Underlined link.)
                         Bullish MAXCPs -  
http://tigersoft.com/MAXCPZ/627/BULLISH.htm                  
                         Bearish MAXCPs -  http://tigersoft.com/MINCPZ/627/BEARISH.htm
Table 1  
   Weak as DJI is weaker are FAS, SOXL, GLD and YINN.
   Accumulation is still positive for NASDAQ, QQQ, MDY, IWM, SOXL and TECL.
   
                     QUICKSILVER on ETFS - 06/27/18
  
ETF      CLOSE   CHANGE     PIVOT-PT       5-dma AROC   CL-PWR      CANDLE   IP21    ITRS
---------------------------------------------------------------------------------------------
DIA       241.12   -1.55     244.5        -109.3%       Bearish      RED    -.006    ----
---------------------------------------------------------------------------------------------
COMPQX    7445.08   -116.55  7712.95      -219.7%        ----        RED    .18       .049
---------------------------------------------------------------------------------------------
SPY       269.35   -2.25     274.24       -121%         Bearish      RED    .083      .024
---------------------------------------------------------------------------------------------
QQQ       169.73   -2.34     175.71       -215.7%       ----         RED    .11       .049
---------------------------------------------------------------------------------------------
MDY       353.17   -3.9      361.37       -149.3%       Bearish      RED    .082      .04
---------------------------------------------------------------------------------------------
IWM       163.38   -2.66     168.38       -196.8%       Bearish      RED    .172      .067
---------------------------------------------------------------------------------------------
FAS       61.31   -2.22      66.57        -435%         Bearish      RED    .002     -.019
---------------------------------------------------------------------------------------------
RETL      43.45   -2.01      47.75        -443.6%       ----         RED    .031      .296
---------------------------------------------------------------------------------------------
SOXL      137.41   -10.91    164.82       -1067.7%      Bearish      RED    .157     -.115
---------------------------------------------------------------------------------------------
TECL      129.24   -5.44     143.44       -631.9%       Bearish      RED    .172      .039
---------------------------------------------------------------------------------------------
IBB       107.34   -2.23     112.61       -293.6%       ----         RED    .12       .028
---------------------------------------------------------------------------------------------
GLD       118.58   -.68      120.05       -70%          Bearish      RED   -.343     -.045
---------------------------------------------------------------------------------------------
OIL       7.61    .04        6.89          339.4%       Bullish      BLUE   .263      .088
---------------------------------------------------------------------------------------------
OIH       26.44    .65       25.3          112.7%       Bearish      BLUE  -.089      .03
---------------------------------------------------------------------------------------------
GASL      24.21    .67       22.09         179%         Bullish      BLUE  -.081      .246
---------------------------------------------------------------------------------------------
UGA       33.77    .7        32.05         225.2%       Bullish      BLUE  -.046      .063
---------------------------------------------------------------------------------------------
UUP       25.14    .15       24.99         16%          Bullish      BLUE   .021      .099
---------------------------------------------------------------------------------------------
IEF       102.69    .39      102.09        42.6%        Bullish      BLUE  -.165      .028
---------------------------------------------------------------------------------------------
XLU      51.9    .25         50.4          164%         Bullish      BLUE   .11       .045
---------------------------------------------------------------------------------------------
WEAT      6.22    .03        6.45         -126.1%       Bearish      ----  -.185      .006
---------------------------------------------------------------------------------------------
YINN      23.88   -2.15      27.01        -950.6%       Bearish      RED    .05      -.252
---------------------------------------------------------------------------------------------
RSX       20.58   -.06       20.44         12.1%        Bearish      RED    .032      .021
---------------------------------------------------------------------------------------------  
Table 2    Count of Stocks in Key Directories
           20180627
-------------------------------
NEWHIGHS       52 
NEWLOWS        167   Bearish
MAXCP          36 
MINCP          395   Bearish
TTTNH          55 
TTTNL          521   Bearish
FASTUP         64 
FASTDOWN       362   Bearish
CPCROSSA       23 
CPCROSSD       121   Bearish
BIGVOLUP       2 
BIGVODN        14    Bearish
ACCUMVER       37 
HIGHIP21       77 
HIUPPCT        127 
VHIP21         32 
LOWACCUM       322 
REDSELL        98 
AUGSELS7       13 
TRAPDOOR       9 
 
Table 3
Count of Stocks and New Highs in Key Tiger Directories
Date = 180627
               No.           NHs           Pct.
-------------------------------------------------------------------
------------------------------------------------------------------- 
MAXCP          36            17            47 %
UTILITY        41            3             7 %
OILGAS         157           8             5 %
CHEM           62            2             3 %
MILITARY       37            1             3 %
ETFS           61            1             2 %
FIDSTKS        186           4             2 %
SP-100         94            2             2 %
SP500          477           8             2 %
BIOTECH        409           5             1 %
INDMATER       82            1             1 %
INDEXES        189           1             1 %
NASD-100       89            1             1 %
REIT           173           1             1 %
RUS-1000       819           10            1 % 
 
Table 4
Count of Stocks and New Lows in Key Tiger Directories
Date = 180627
               No.           NLs           Pct.
-------------------------------------------------
BIGBANKS       7             2             29 %
MINCP          395           112           28 %
ETFS           61            15            25 %
CHINA          61            11            18 %
PIPELINE       7             1             14 %
AUTO           39            5             13 %
INSURANC       31            4             13 %
FINANCE        90            11            12 %
FOOD           9             1             11 %
GAMING         28            3             11 %
GOLD           50            5             10 %
JETS           10            1             10 %
SOLAR          20            2             10 %
UTILITY        41            4             10 %
DJI-13         13            1             8 %
SEMI           127           10            8 %
BIOTECH        409           27            7 %
COMODITY       56            4             7 %
FIDSTKS        186           13            7 %
INDMATER       82            6             7 %
ELECTRON       174           10            6 %
HOMEBLDG       17            1             6 %
INFRA          34            2             6 %
BEVERAGE       20            1             5 %
CHEM           62            3             5 %
MILITARY       37            2             5 %
RUS-1000       819           38            5 %
SP-100         94            5             5 %
SP500          477           26            5 %
COMPUTER       23            1             4 %
HACKERS        23            1             4 %
DOWJONES       30            1             3 %
INDEXES        189           6             3 %
NIFTY          29            1             3 %
REGBANKS       31            1             3 %
SOFTWARE       64            2             3 %
NASD-100       89            2             2 %
OILGAS         157           3             2 % 
 
 Table 5  RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA
              6/27/18
 Bearish =26
 Bullish =19
---------------------------------------------------------------------------------------
Directory     Current       day-1         day-2         day-3         day-4         day-5
----------------------------------------------------------------------------------------
REIT           .895          .913          .93           .936          .919          .919 
RETAIL         .788          .807          .846          .846          .865          .884 
COAL           .75           .75           .625          .75           .875          .75 
EDU            .714          .571          .571          .714          .571          .714 
UTILITY        .707          .707          .682          .609          .56           .536 
NIFTY          .689          .724          .689          .827          .862          .862 
OILGAS         .681          .636          .535          .675          .573          .675 
GUNS           .666          .666          .666          .666          .666          .722 
CHEM           .612          .629          .596          .612          .596          .629 
COMPUTER       .608          .695          .652          .695          .695          .782 
BONDFUND       .603          .558          .531          .585          .576          .504 
PIPELINE       .571          .857          .571          .714          .571          .714 
BEVERAGE       .55           .75           .75           .7            .6            .65 
SP500          .53           .584          .587          .631          .607          .668 
NASD-100       .528          .617          .606          .685          .685          .764 
RUS-1000       .525          .586          .586          .648          .623          .684 
GREEN          .517          .551          .482          .551          .551          .551 
REGBANKS       .516          .677          .709          .87           .838          .838 
INDEXES        .507          .529          .555          .629          .582          .645 
==========================================================================================
DOWJONES       .5            .633          .6            .6            .433          .6 
GAMING         .5            .642          .571          .678          .714          .714 
==========================================================================================
BIOTECH        .498          .589          .572          .635          .613          .672 
SP-100         .489          .574          .595          .627          .553          .648 
FIDSTKS        .473          .543          .553          .618          .586          .672 
SOFTWARE       .468          .578          .578          .703          .75           .781 
INDMATER       .451          .439          .39           .56           .5            .524 
BIG17          .434          .456          .456          .5            .565          .586 
HOSPITAL       .428          .571          .571          .857          .857          .857 
ELECTRON       .425          .528          .465          .586          .609          .632 
HOMEBLDG       .411          .411          .411          .411          .47           .47 
HACKERS        .391          .521          .521          .608          .695          .695 
INFRA          .382          .47           .352          .588          .411          .558 
MILITARY       .378          .486          .432          .567          .513          .594 
SEMI           .377          .488          .425          .559          .574          .622 
AUTO           .358          .41           .41           .512          .538          .615 
FINANCE        .322          .466          .511          .644          .611          .633 
DJI-13         .307          .384          .307          .461          .23           .461 
TRANSP         .3            .4            .4            .5            .65           .75 
COMODITY       .285          .25           .214          .303          .214          .232 
SOLAR          .25           .3            .25           .3            .35           .3 
GOLD           .24           .28           .26           .32           .28           .3 
INSURANC       .161          .193          .258          .354          .29           .387 
CHINA          .131          .213          .213          .278          .262          .311 
JETS           .1            .1            .1            .2            .5            .6 
ETFS           .049          .081          .081          .131          .098          .131 
BIGBANKS       0             0             .142          .142          .142          .142 
FOOD           0             0             0             .111          .111          .111 
 
 
 


====================================================================
           6/26/2018   
The operative Peerless signal remains a Sell S9V. Stay short DIA.

                               I keep saying the DJI is quite capable of leading the broader market and
                               and the NASDAQ into a bear market.  Such were the cases in 1977, 2001 and
                               2002.   There is a real danger that some of the big banks (BAC and JPM)
                               and other key blue chips like CAT and IBM will break down below the
                               vital support levels that they are now hovering just above.  It has to be very
                               significant that Warren Buffet's Value-oriented BRKB has already broken
                               below such support.  And of course, Peerless users know that a multitude
                               of Sell S9s set the stage for some of the biggest declines in market history,
                               1929, 1969, 1973, 1981, 1987, 2000-2002 and 2007-2008.                             
                             
                               So, the recent S9 helps our software delay in getting a buy signal in here.
                               So do the negative V-I and OBVPct, which act to over-rule the positive
                               P-I and IP21 until the DJI is more oversold or we see an improvement in
                               the Peerless Indicators on a new low closing. 

                                                                                   Charts 6/26/2018  
                     
 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       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,  SWKSMDGL   SPPI  WATT   SQ  TOWN

                         
6/26/2018  (Click on Underlined link.)
                         Bullish MAXCPs -  
http://tigersoft.com/MAXCPZ/626/BULLISH.htm                
                         Bearish MAXCPs -  http://tigersoft.com/MINCPZ/626/BEARISH.htm    


                                                Should Traders Act Now on a Stochastic-20 Buy
                                                    without a Peerless Buy Signal?


                              It would be unwise to Buy in here until Peerless gives a Buy signal. 
                              Today I looked back at past Junes back to 1990 to see if we
                              should even go long as traders now that the DJI is 2% below the 21-day ma
                              if   the Stochastic-20 (K-Line) were to rise back above the 20-level.  What I found
                              was that when the V-Indicator was very negative, there were very trade-worthy
                              bounces if Peerless gave Buy signals, but without these Buys, there was a very
                              real danger of a serious market decline. 


                           Signal       Result      Date                 PI         IP21         VI         OBVPct
                           B2      A recovery  6/23/1994      -145    -.018        -31        -.009
                           B2       A recovery  6/15/1998     -383     -.123      -110        -.238
                           B9       A recovery  6/22/2000     +117    -.060       -51         +.073

                           S9      Very bad     6/15/2001      -14      -.023      -172        +.051
                           S9       Very bad     6/17/2002      -175    -.010      -271        -.079
                           S9        Very bad    6/16/2008       -239    -.079       -227       -.079

                           B5       Premature    6/22/2009      +49    -.003       -134       +.038
                          B8      A recovery   6/29/2010       -51    -.069        -191      -.103
                           B7        A recovery  6/15/2011       -177   -.127        -185      -.149
                           B19      A recovery  6/20/2013      -522    -.144       -177       -.187
                           B3        A recovery  6/28/2016       +155  -.024       -108       -.193

                           S9        ??????????  6/26/2018      +194  +.079          -68     -.171

                                                    Wall Street Is Scared of Something!

                               Trump's tariffs do scare Wall Street.  But even more scary is what will
                               happen if Interest Rates rise rapidly given the trillions and trillions of dollars
                               in consumer debt.  That is what I believe is really causing the weakness in the
                               big banks.  A decisive price breakdown by the big banks would be too
                               reminscent of 2007 for traders and hedge funds to ignore.
                              

BIGB626.GIF (15597 bytes)

                             

DATA626.GIF (17195 bytes)
VI626.GIF (6093 bytes)
NASD626.GIF (12378 bytes)
Mdji-626.GIF (15903 bytes)
 
Table 1        
                     QUICKSILVER on ETFS - 06/26/18
  
ETF      CLOSE   CHANGE     PIVOT-PT       5-dma AROC   CL-PWR      CANDLE   IP21    ITRS
---------------------------------------------------------------------------------------------
DIA       242.67    .36      246.46       -85.9%        Bearish      RED    .025     ----
---------------------------------------------------------------------------------------------
COMPQX    7561.63    29.62   7781.51      -106.6%       ----         BLUE   .231     .069
---------------------------------------------------------------------------------------------
SPY       271.6    .6        275.97       -71.1%        Bearish      ----   .125     .028
---------------------------------------------------------------------------------------------
QQQ       172.07    .7       177.25       -112.2%       ----         BLUE   .18      .07
---------------------------------------------------------------------------------------------
MDY       357.07    .55      363.92       -70.2%        ----         BLUE   .114     .044
---------------------------------------------------------------------------------------------
IWM       166.04    .96      169.97       -76.5%        ----         BLUE   .248     .081
---------------------------------------------------------------------------------------------
FAS       63.53   -.29       67           -245.3%       Bearish      RED    .001     .012
---------------------------------------------------------------------------------------------
RETL      45.46    .48       47.58        -73.9%        ----         BLUE   .07      .37
---------------------------------------------------------------------------------------------
SOXL      148.32    1.54     171.24       -623.7%       Bearish      RED    .21     -.009
---------------------------------------------------------------------------------------------
TECL      134.68    1.49     146.94       -391.8%       ----         BLUE   .231     .126
---------------------------------------------------------------------------------------------
IBB       109.57   -.63      113.9        -110.1%       Bullish      RED    .198     .053
---------------------------------------------------------------------------------------------
GLD       119.26   -.63      120.26       -64%          Bearish      ----  -.3      -.054
---------------------------------------------------------------------------------------------
OIL       7.61    .04        6.89          339.4%       Bullish      BLUE   .263     .073
---------------------------------------------------------------------------------------------
OIH       25.79    .29       25.86        -1.9%         Bearish      BLUE  -.035    -.007
---------------------------------------------------------------------------------------------
GASL      23.54    1.51      23.39         293.7%       Bullish      BLUE  -.028     .212
---------------------------------------------------------------------------------------------
UGA       33.07    .33       32.3          67.6%        Bullish      BLUE  -.046     .025
---------------------------------------------------------------------------------------------
UUP       24.99    .13       25.06        -10%          Bullish      BLUE   .007     .077
---------------------------------------------------------------------------------------------
IEF       102.3    .05       101.82        7.8%         ----         ----  -.104     .01
---------------------------------------------------------------------------------------------
XLU      51.65    .06        50.23         144.2%       Bullish      BLUE   .074     .035
---------------------------------------------------------------------------------------------
WEAT      6.19   -.09        6.38         -94.3%        Bearish      RED   -.149    -.013
---------------------------------------------------------------------------------------------
YINN      26.03   -.08       29.05        -618.6%       Bearish      ----   .108    -.201
---------------------------------------------------------------------------------------------
RSX       20.64   -.22       20.53         82.5%        ----         ----   .047     .007
---------------------------------------------------------------------------------------------
 
Table 2   Count of Stocks in Key Directories
          20180626
-------------------------------
NEWHIGHS       94         Bullish
NEWLOWS        67 
MAXCP          54 
MINCP          181        Bearish 
TTTNH          53 
TTTNL          317        Bearish
FASTUP         79 
FASTDOWN       144        Bearish
CPCROSSA       148        Bullish Shift
CPCROSSD       28 
BIGVOLUP       3 
BIGVODN        7  
 
Table 3
Count of Stocks and New Highs in Key Tiger Directories
Date = 180625
               No.           NHs           Pct.
-------------------------------------------------------------------
-------------------------------------------------------------------
MAXCP          54            35            65 %
BEVERAGE       20            1             5 %
SOLAR          20            1             5 %
UTILITY        41            2             5 %
BIOTECH        410           11            3 %
CHEM           62            2             3 %
GREEN          29            1             3 %
MILITARY       37            1             3 %
REIT           173           6             3 %
ELECTRON       174           4             2 %
OILGAS         156           3             2 %
SEMI           127           2             2 %
SOFTWARE       64            1             2 %
FIDSTKS        186           2             1 %
FINANCE        90            1             1 %
NASD-100       89            1             1 %
RUS-1000       819           7             1 %
SP500          477           5             1 % 
 
Table 4
Count of Stocks and New Lows in Key Tiger Directories
Date = 180626
               No.           NLs           Pct.
-------------------------------------------------
FOOD           9             2             22 %
MINCP          181           39            22 %
ETFS           61            6             10 %
INSURANC       31            3             10 %
JETS           10            1             10 %
CHINA          61            4             7 %
GAMING         28            2             7 %
UTILITY        41            3             7 %
GOLD           50            3             6 %
AUTO           40            2             5 %
SOLAR          20            1             5 %
FINANCE        90            4             4 %
HACKERS        23            1             4 %
FIDSTKS        186           5             3 %
INFRA          34            1             3 %
MILITARY       37            1             3 %
NIFTY          29            1             3 %
SP500          477           12            3 %
BIOTECH        410           10            2 %
CHEM           62            1             2 %
COMODITY       56            1             2 %
ELECTRON       174           3             2 %
INDMATER       82            2             2 %
INDEXES        189           3             2 %
NASD-100       89            2             2 %
RUS-1000       819           20            2 %
SEMI           127           2             2 %
SOFTWARE       64            1             2 %
OILGAS         156           1             1 %
SP-100         94            1             1 %
 Table 5
 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA
               6/26/18
 Bullish = 28  Bearish = 19
---------------------------------------------------------------------------------------
Directory     Current       day-1         day-2         day-3         day-4         day-5
----------------------------------------------------------------------------------------
REIT           .913          .93           .936          .919          .919          .901 
PIPELINE       .857          .571          .714          .571          .714          .714 
RETAIL         .807          .846          .846          .865          .903          .865 
BEVERAGE       .75           .75           .7            .6            .65           .6 
COAL           .75           .625          .75           .875          .75           .75 
NIFTY          .724          .689          .827          .862          .862          .758 
UTILITY        .707          .682          .609          .56           .536          .512 
COMPUTER       .695          .652          .695          .695          .782          .782 
REGBANKS       .677          .709          .87           .838          .838          .838 
GUNS           .666          .666          .666          .666          .722          .666 
GAMING         .642          .571          .678          .714          .714          .678 
OILGAS         .641          .538          .679          .576          .692          .647 
DOWJONES       .633          .6            .6            .433          .6            .633 
CHEM           .629          .596          .612          .596          .629          .629 
NASD-100       .617          .606          .685          .685          .764          .674 
BIOTECH        .587          .57           .634          .612          .665          .617 
RUS-1000       .586          .586          .648          .623          .684          .67 
SP500          .584          .587          .631          .607          .666          .645 
SOFTWARE       .578          .578          .703          .75           .781          .781 
SP-100         .574          .595          .627          .553          .638          .638 
EDU            .571          .571          .714          .571          .714          .714 
HOSPITAL       .571          .571          .857          .857          .857          .857 
BONDFUND       .558          .531          .585          .576          .495          .522 
GREEN          .551          .482          .551          .551          .586          .62 
FIDSTKS        .543          .553          .618          .586          .666          .661 
INDEXES        .529          .555          .629          .582          .645          .645 
ELECTRON       .528          .465          .586          .609          .632          .603 
HACKERS        .521          .521          .608          .695          .695          .695 
N=28
------------------------------------------------------------------------------------------
SEMI           .488          .425          .559          .574          .622          .582 
MILITARY       .486          .432          .567          .513          .594          .54 
INFRA          .47           .352          .588          .411          .558          .529 
FINANCE        .466          .511          .644          .611          .622          .6 
BIG17          .456          .456          .5            .565          .608          .565 
INDMATER       .439          .39           .56           .5            .536          .56 
AUTO           .425          .425          .525          .55           .6            .575 
HOMEBLDG       .411          .411          .411          .47           .47           .47 
TRANSP         .4            .4            .5            .65           .75           .7 
DJI-13         .384          .307          .461          .23           .461          .461 
SOLAR          .3            .25           .3            .35           .3            .3 
GOLD           .28           .26           .32           .28           .3            .3 
COMODITY       .25           .214          .303          .214          .25           .214 
CHINA          .213          .213          .278          .262          .311          .295 
INSURANC       .193          .258          .354          .29           .387          .483 
JETS           .1            .1            .2            .5            .6            .7 
ETFS           .081          .081          .131          .098          .131          .098 
BIGBANKS       0             .142          .142          .142          .142          .142 
FOOD           0             0             .111          .111          .111          .111 
N=19



====================================================================
           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 tha
t
                               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.
                              

                              
DATA625.GIF (16034 bytes)
VI625.GIF (6417 bytes)


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


NASD625.GIF (13405 bytes)

QQQ625.GIF (20427 bytes)
                              
                               
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.

BAC625.GIF (18031 bytes)
JPM625.GIF (18314 bytes)
CAT625.GIF (16988 bytes)
BRKB.GIF (20509 bytes)
                                                                     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,  SWKSMDGL   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