These choppy periods can last for a long time and who really understands the recent couch potato weakness? I've also been looking at ranking stocks based on performance for a long time. One obvious idea is that the best performing stocks for a recent time period of x days, will perform better than average for… Continue reading 3/26/21 Current Signals xLH; The Problem
xCF hasn't been good CO recently but the older numbers override that. There is no rotation of strength into other sectors today, IWM, XLE, XLI, and KRE, the recent leaders, are all quite weak today along with XBI and SMH. Still not a bad place to be long here. I'm doing some rethinking of quatz… Continue reading 3/23/21 Afternoon Signals xCF
As long as ludicrous volatility is absent, the market isn't going to do anything really nasty. It is a lot easier to analyze the market when it is between high and lows. The usual Monday night rescue operation has put prices close to the recent 390 SPY reject area. A possible way of evaluating individual… Continue reading 3/9/21 Sectors
The three unlikely post election sector heroes are KRE, XLE and XRT. KRE is doing about twice as well as XLF. Note that these strong sectors are going counter to the usual OC relative weakness. The big advantage of using natural log returns is that the three periods can be added to get total returns.… Continue reading 1/21/21 Current Signals xFF/x7 and Sectors
Market still bullish with the exception of XBI and XLV. Seasonality is a positive. Some technical deterioration is a concern.
Buy Signal on both daily and weekly charts, Quirky, Mildly bullish