O. Young Kwon's  Instablog

ABOUT DMI (Daily Market Information)

Investing is a zero-sum game, meaning when one guy gains, the other guy must lose. In order to win, what must we do? DMI might help you to have an edge over the other guys. There is too much market information on SA, TV, Newspapers, magazines, etc. The problem is there is too much info to absorb. That's why DMI is brief and well-selected.

My focus is primarily on news about two areas: The Fed policy and Business Cycles. These are macro topics. DMI is a summary of what I listen to BBR, and read WSJ, Reuters, Bloomberg, AP, and Barons (weekend) from 5:a.m. to 7:00 a.m. everyday.

Daily Market Information (DMI) (May 20, 2012, Sunday)

Reuters

Birth of new Greek drachma would be pained, rushed.

Bloomberg

Factory Orders, Home Sales Probably Improved as U.S. Expansion Maintained.

Daily Market Information (DMI) (May 19, 2012, Saturday)

Bloomberg

Treasuries Post Longest Winning Streak Since 1998 on Europe Debt Concern.

Payrolls Rise 32 States, Led by Indiana; Unemployment Rate Falls in 37.

Spain's Crisis Lender for Regions Can Tap ECB to Keep Coffers Replenished.

Market Volatility Prompts Warning From Japan to S. Korea.

Reuters

Gold jumps heads for biggest 2-day gain since October.

Wall St Week Ahead: The market is oversold, but major signs say "sell."

Analysis: JPMorgan to be haunted by change in risk model.

Morgan Stanley made big bet on Facebook.

Greek euro exit could be fast if needed: Solvenia.

BusinessWeek

G-8 Says Greece Should Stay in Euro as Differences Linger.

Daily Market Information (DMI) (May 18, 2012, Friday)

Reuters

Stocks waffle as Markets Look to Close Worst Week of the year.

Stock index futures point to modest rebound.

Euro zone fears propel dollar, global shares in red for years.

Investors brace for Facebook debut on Wall Street.

Spain beset by bank crisis, downgrades, bond pressure.

China cries foul after U.S. sets tariffs on solar imports.

Euro zone turmoil to lat 12-24 months: German finance minister.

China second quarter GDP growth seen at 7.5 percent: government think tank.

EU, ECB working on Greece exit contingency: report.

Facebook prices at top of range in landmark IPO.

Bloomberg

Fed May Prefer Another Twist to Expanded Assets Should Economy Deteriorate.

Greece Rating Cut by Fitch as Political Leaders Spar Over Euro Membership.

Daily Market Information (DMI) (May 17, 2012, Thursday)

Bloomberg

Several on FOMC Said Easing May Be Needed on Faltering.

Japan's Improving Growth Outlook Clouded by Deepening Europe Risk: Economy.

Fed Signals Easing an Option as Risks to Growth from Europe to Budget Loom.

ECB Stops Lending to Some Greek Banks While Draghi Talks About Euro Exit.

China Lowdown to End Next Quarter as Leaders Boost Stimulus, Survey Shows.

WSJ

GLOBAL MARKETS: European Stocks Slightly Lower; Spanish Auction Eyed.

Asian Shares Mostly Higher As Europe Jitters Subside.

AP

Manufacturing Activity Shrinks in Mid-Atlantic Region.

Reuters

GLOBAL MARKETS-Stocks, oil drop on latest euro zone fears.

India's gold demand plummets 20%.

Jobless claims hold steady at 370,000.

Global shares recover slightly, but Greece fears remain.

JPMorgan's future losses at the mercy of an obscure index.

Analysis: U.S. bond bulls not ready to call off the charge.

Japanese consumers lead economic rebound in first quarter.

Daily Market Information (DMI) (May 16, 2012, Wednesday)

Reuters

U.S. stocks, euro fall on ECB news, Fed minutes.

Shareholders sue JPMorgan Chase over trade loss.

Housing Starts Rebounded in April, Permits Fall.

Greek turmoil sends euro and global shares lower.

Facebook boosts IPO by 25 percent, could to $16 billion.

FOREX-Greece worries send euro to 4-mth low.

TREASURIES-Bonds supported as Greece fears grow.

Bloomberg

Gold Tumbles Into Bear Market on Concern Greece May Leave Euro.

Bank of Japan Stimulus Hits Wall as Bond Buying Falls Short for First Time.

Australia's Weak Consumer Confidence, Wage Growth Spur Rate Bets: Economy.

Starts on U.S. Home Construction Probably Rose From Lowest in Five Months.

Japan Growth Seen Peaking as BOJ Pressed by Politicians to Expand Stimulus.

Daily Market Information (DMI) (May 15, 2012, Tuesday)

Bloomberg

Oil Trades Near Five-Month Low on Europe, U.S. Supplies.

Retail Sales in U.S. Probably Slowed After Weather-Induced Gain.

King Seen Balancing BOE Shift on Inflation With One Eye on Pound Strength.

Italian Economy Contracts for Third Straight Quarter as Recession Deepens.

Greek President Proposes Government of Non-Politicians to Break Stalemate.

Reuters

Stock index futures rise as bank shares rebound.

Obama says JPMorgan loss shows need for Wall Street reform.

German economy powers on, French growth evaporates.

China January-April FDI inflow at 37.9 billion, outlook dark.

Analysis: As funds flee, India's pain is Southeast Asia's gain.

Euro zone economy avoids recession but split grows.

AP

Eurozone Avoids Recession as Germany Powers Ahead.

Daily Market Information (DMI) (May 14, 2012, Monday)

MarketWatch

Oil sinks near $94 on Saudi comments, Europe woes.

Reuters

Greek impasse prompts euro exit warnings, rattles markets.

Gold drops to 4-1/2 month low on euro zone worries.

Euro zone output falls, bloc heading into recession.

Analysis: Over-complex Europe keeps making same mistakes.

Analysis: China growth risks signal need for fiscal action.

Analysis: Fed regulations in hot seats over JPMorgan losses.

WSJ

JPMorgan Mess Has Other Banks Worried.

GLOBAL MARKETS: European Stocks, Euro Pressure, Greece Weighs.

OIL FUTURES: Crude Extends Losses After Saudi Comments, Greek Woes.

China Shows End Down, Growth Concerns Remain Despite Policy Easing.

Tokyo Shares End UP on Solid Earnings, Possible Reactor Restarts.

Bloomberg

Greece In-or-Out Doubts Dominate Euro Talks Amid Athens Political Standoff.

Workforce Lacking Skills Hiders Further Gains at U.S. Factories: Economy.

Greece Exit Weighted by Euro Officials as Attempts to Form Government Fail.

Economy in U.S. Seen Buoyed by Autos Spurring Glass-to-Steel Robust Growth.

Greek Elections Loom as Key Bailout Opponent Tsipras Defies Unity Calls.

Indian Inflation Unexpectedly Accelerates to 7.23%, Curbing Rate Cut Scope.

Today (May 21, 2012, Monday) TANER Momentum (TM)

ETF:T1(TIP DIA) A1(VPU PGF) E1(SPY VTI) R1(MDY BWX)

ETF T2(TIP BND) A (VPU VHT) E2 (SPY VTI) R2(VXF BWX).

ETF T3(TIP BND) A3(VHT VNQ) E3(SPY VTI) R3(QQQ BWX).

STOCK T1(WMT HD) A1(KO JNJ) E1(ESRX BAC) R1 (CME LIFE)

STOCK T2(WMT ISRG) A2(KO JNJ) E2(BA BAC) R2(MCD LIFE).

STOCK T3(KFT MA) A3(CMG AMZN) E3(PH BAC) R3(MCD NUS).

Note:

T (Topping): Leading Leaders.(LDLD)

A (Advancing): Lagging Leaders (LGLD)

E (Emerging): Leading Laggards (LDLG)

R (Reversing): Lagging Laggards.(LGLG)

The overall markets (DJIA, S&P 500, or NASDAQ) have their cycles. Individual securities (ETFs or Stocks) have also their own cycles given the market cycles. In general, all securities in The TANER System (20 ETFs and 40 stocks) show their own cycles from R to E to A to T to R and so on, but majority securities (60% of ETFs and 80% of stocks are in N (Neutral, meaning residual). Therefore all securities do not show any pattern. When any of your holding has T momentum, you pay attention.

The numbers in parentheses (1-2-3) are one-month, two-month, and three-month terms.

Introduction

O. Young Kwon, NYU Ph.D. (Economics) had worked in securities industry for ten years as a Registered Investment Adviser. In 2009 he set up the TANER System in order to synthesize performances and relative strengths of 20 ETFs and 40 equities thoroughly. The System captures dynamics of momentum changes of individual securities on the daily basis. The System also builds successfully their momentum trends over time.

Related Instablogs

Go TANER: The Market Primer

Autopilot Portfolio: TANER APP (I)

Income Portfolio: TANER APP (II)

The Tiger Rle: TANER APP (III)

Daytrading: TANER APP (IV)

The TMT (TANER Momentum Trend)

<<<+++The list of security names of ticker symbols is in the botttom.+++>>>

How to Use TANER Momentum (TM)

Every marketday buys, sells, or exchanges (among mutual funds) can be made by TM. All trades except exchanges are posted on StockTalks to share these trades with you. For options players (for me options are excluded) call/put positions can be taken. My experience for three years propose following two Risk/Reward Tables: The Long-Term RR (LTRR) Table and The Short-Term RR (STRR) Table. . Please use this as a guide.

LTRR (For Long-Term Investors)

Try Advancing (A) and Emerging (E) TM.

STRR (For Near-Term Traders)

Try Advancing (A) or Topping (T) TM. When a very near term (i.e. daytrading), Topping (T) TM.

What for R (Reversing)? These TM are useful either for your exits of any holding or your bets in a stable upswing. Sometime R gives you a big gain.

T (Topping) sometimes help you to take gains with the intraday 5%+ rule.

**********************************************************************************************

List of TANER Members (60)

ETFs (20)

Stocks (40):

ABOUT DMI (Daily Market Information)

Investing is a zero-sum game, meaning when one guy gains, the other guy must lose. In order to win, what must we do? DMI might help you to have an edge over the other guys. There is too much market information on SA, TV, Newspapers, magazines, etc. The problem is there is too much info to absorb. That's why DMI is brief and well-selected.

My focus is primarily on news about two areas: The Fed policy and Business Cycles. These are macro topics. DMI is a summary of what I listen to BBR, and read WSJ, Reuters, Bloomberg, AP, and Barons (weekend) from 5:a.m. to 7:00 a.m. everyday.

Daily Market Information (DMI) (May 18, 2012, Friday)

Reuters

Stock index futures point to modest rebound.

Euro zone fears propel dollar, global shares in red for years.

Investors brace for Facebook debut on Wall Street.

Spain beset by bank crisis, downgrades, bond pressure.

China cries foul after U.S. sets tariffs on solar imports.

Euro zone turmoil to lat 12-24 months: German finance minister.

China second quarter GDP growth seen at 7.5 percent: government think tank.

EU, ECB working on Greece exit contingency: report.

Facebook prices at top of range in landmark IPO.

Bloomberg

Fed May Prefer Another Twist to Expanded Assets Should Economy Deteriorate.

Greece Rating Cut by Fitch as Political Leaders Spar Over Euro Membership.

Daily Market Information (DMI) (May 17, 2012, Thursday)

Bloomberg

Several on FOMC Said Easing May Be Needed on Faltering.

Japan's Improving Growth Outlook Clouded by Deepening Europe Risk: Economy.

Fed Signals Easing an Option as Risks to Growth from Europe to Budget Loom.

ECB Stops Lending to Some Greek Banks While Draghi Talks About Euro Exit.

China Lowdown to End Next Quarter as Leaders Boost Stimulus, Survey Shows.

WSJ

GLOBAL MARKETS: European Stocks Slightly Lower; Spanish Auction Eyed.

Asian Shares Mostly Higher As Europe Jitters Subside.

AP

Manufacturing Activity Shrinks in Mid-Atlantic Region.

Reuters

GLOBAL MARKETS-Stocks, oil drop on latest euro zone fears.

India's gold demand plummets 20%.

Jobless claims hold steady at 370,000.

Global shares recover slightly, but Greece fears remain.

JPMorgan's future losses at the mercy of an obscure index.

Analysis: U.S. bond bulls not ready to call off the charge.

Japanese consumers lead economic rebound in first quarter.

Daily Market Information (DMI) (May 16, 2012, Wednesday)

Reuters

U.S. stocks, euro fall on ECB news, Fed minutes.

Shareholders sue JPMorgan Chase over trade loss.

Housing Starts Rebounded in April, Permits Fall.

Greek turmoil sends euro and global shares lower.

Facebook boosts IPO by 25 percent, could to $16 billion.

FOREX-Greece worries send euro to 4-mth low.

TREASURIES-Bonds supported as Greece fears grow.

Bloomberg

Gold Tumbles Into Bear Market on Concern Greece May Leave Euro.

Bank of Japan Stimulus Hits Wall as Bond Buying Falls Short for First Time.

Australia's Weak Consumer Confidence, Wage Growth Spur Rate Bets: Economy.

Starts on U.S. Home Construction Probably Rose From Lowest in Five Months.

Japan Growth Seen Peaking as BOJ Pressed by Politicians to Expand Stimulus.

Daily Market Information (DMI) (May 15, 2012, Tuesday)

Bloomberg

Oil Trades Near Five-Month Low on Europe, U.S. Supplies.

Retail Sales in U.S. Probably Slowed After Weather-Induced Gain.

King Seen Balancing BOE Shift on Inflation With One Eye on Pound Strength.

Italian Economy Contracts for Third Straight Quarter as Recession Deepens.

Greek President Proposes Government of Non-Politicians to Break Stalemate.

Reuters

Stock index futures rise as bank shares rebound.

Obama says JPMorgan loss shows need for Wall Street reform.

German economy powers on, French growth evaporates.

China January-April FDI inflow at 37.9 billion, outlook dark.

Analysis: As funds flee, India's pain is Southeast Asia's gain.

Euro zone economy avoids recession but split grows.

AP

Eurozone Avoids Recession as Germany Powers Ahead.

Daily Market Information (DMI) (May 14, 2012, Monday)

MarketWatch

Oil sinks near $94 on Saudi comments, Europe woes.

Reuters

Greek impasse prompts euro exit warnings, rattles markets.

Gold drops to 4-1/2 month low on euro zone worries.

Euro zone output falls, bloc heading into recession.

Analysis: Over-complex Europe keeps making same mistakes.

Analysis: China growth risks signal need for fiscal action.

Analysis: Fed regulations in hot seats over JPMorgan losses.

WSJ

JPMorgan Mess Has Other Banks Worried.

GLOBAL MARKETS: European Stocks, Euro Pressure, Greece Weighs.

OIL FUTURES: Crude Extends Losses After Saudi Comments, Greek Woes.

China Shows End Down, Growth Concerns Remain Despite Policy Easing.

Tokyo Shares End UP on Solid Earnings, Possible Reactor Restarts.

Bloomberg

Greece In-or-Out Doubts Dominate Euro Talks Amid Athens Political Standoff.

Workforce Lacking Skills Hiders Further Gains at U.S. Factories: Economy.

Greece Exit Weighted by Euro Officials as Attempts to Form Government Fail.

Economy in U.S. Seen Buoyed by Autos Spurring Glass-to-Steel Robust Growth.

Greek Elections Loom as Key Bailout Opponent Tsipras Defies Unity Calls.

Indian Inflation Unexpectedly Accelerates to 7.23%, Curbing Rate Cut Scope.

Daily Market Information (DMI) (May 13, 2012, Sunday)

Bloomberg

Retail Sales in U.S. Probably Cooled in April Following Pre-Easter Spree.

Al-Maimi Says Brent Crude Oil Should Drop to $100 as Supply Exceeds Demand.

Greek President to Meet Party Leaders in Effort to Form Unity Government.

Reuters

Consumer sentiment at 4-year high in early May.

Economists see brighter labor market - survey.

Daily Market Information (DMI) (May 12, 2012, Saturday)

Reuters

China acts to boost loans, bolster flagging economy.

Wall Street Week Ahead: Stocks face choppy seas of banks woes, uncertainty.

New ECB policymaker champions growth goals.

Barrons http://www.online.barrons.com Michael Santoli, Sensational and Sensationalized. The fallout from JP Morgan's $2 billion trading loss will hurt the bank, its stock and the chances that the Vocker rule, curbing financial institutions' proprietary trading won't take effect.

Barrons http://www.online.barrons.com Jonathan Buck. Greece Hurties Toward Euro-Zone Exit. Greek vote, in which austerity was overwhelmingly rejected, put nation collision courses with EU, ECB, International Monetary Fund, and Germany.

Bloomberg

China Cuts Bank Reserve Ratios for Third Time in Six Months to Aid Growth.

ECB's Honohan Says Greek Euro Exit Wouldn't Fatal for Rest of Region.

ECB's Demehiriades Says Budget Cuts Not Sufficient Without Growth Policies.

Producer Prices in U.S. Decrease Unexpectedly, First Drop in Four Month.

Treasury 10-Year Notes Add to Longest Gain Since '98 on Europe Debt Crisis.