A clear case of same crap different day to end the year and welcome the new one. I've been working on some changes to the signals, that I think will make FoxForce5 more easily comprehensible. Probably it will be introduced with a SeekingAlpha article. Essentially it is a method of merging signals together. That doesn't… Continue reading 12/31/20 – Afternoon Signals
The xCC consensus is a classical buy signal. Had things been a little better, xFC would have appeared. xCC has not played that well this year though, no better than break even since April, even on CO. A win percentage of 50% isn't bad odds if you are playing roulette, but that is a lot… Continue reading 12/30/20 Afternoon Signals
I'm not really expecting a strong January, but this is December.
Everything changed to xFx. I don't do day of the week analysis but Tuesday is the 2021 best day champion.
With the reduced range and the sideways move into the rising moving averages, the bullish position of the indicators doesn't have exactly the same message as they would during more lively action. Nonetheless, the message isn't negative and SPY looks like it will clear the previous top at the open.
This week has seen a wild ride for companies that specialize in making statues of Confederate generals, but has otherwise been quiet. No doubt influenced by seasonality, this wasn't a bad week to take off and that probably will also be true for at least the first part of next week.
Things appear to be balanced between the stimulus and the revenge of the mutants. Today's action has been restrained, hanging around the middle portion of the four week range. Note that the daily didn't fall to the 18 day moving average with volatility, but hit the rising average from the side. That's not a bad… Continue reading 2/22/20 – Afternoon Signals
SPY touched this area 7 days ago. The second light blue line is at 356. The CO weakness wasn't bad to buy. This support area doesn't look real stable long term, but it is a nice spot for short term bounces.
This is pretty attractive to play CO. SPY is also x0 today - CC, CO, and OC negative. That also tends to have good results.
A slightly better than average day for the 3x Bulls. I've been doing some technical work with portfolios which requires some attention. My code used to be a practical limit of about 40 securities that could be analyzed simultaneously, but now that number is in the hundreds. This group had a tough 2018 but has… Continue reading 12/17/20 – Afternoon Signals