xSig is Octal now. The hex number checked for profit over the entire lookback. That might be worth knowing, but for making decisions today, that seems to double complexity for no great analytical benefit. The median natural log return for the major players was 0.13. Median return was also 0.13 for the Sectors. Same story… Continue reading 7/29/21 13% in 6 Months
Tag: LABU
6/2/21 Leveraged ETFs – LABU
In all the excitement surrounding finishing my article on Monday, I forgot to include all the 3x Bulls in the one year summary. The technical problem of displaying this stuff cleanly is considerable. DS is CO -OC. A negative means that OC is higher than CO - man bites dog. If you are playing dog… Continue reading 6/2/21 Leveraged ETFs – LABU
5/25/21 Current Signal xFF
As expected the resistance at 417 proved not very formidable as SPY consolidated near that area Friday and easily poked through on Monday. Setting a new all time high is close to a sure thing because of how close it is. The study shows that CO13 and OC13 have gone in the opposite of their… Continue reading 5/25/21 Current Signal xFF
5/19/21 Current Signal xLH
The failure of the 2nd consecutive Thursday/Friday rally seems about to go from foregone conclusion to official, just in time for a third consecutive rally attempt tomorrow. Value is dominating growth in all three Yrmolation periods with SPLV and USMV lagging among value ETFs. SPLV pays monthly dividends, but I don't think investors expect it… Continue reading 5/19/21 Current Signal xLH
5/10/21 Afternoon Signal xCF – Tangibility
All three major groups ended the previous 31 days up a median of .08, all doing better CO than OC. There is a general perception that the couch potatoes aren't worth the P/E premium. Tangibility is the new in thing. LABU has gone from almost 87 on 29-Apr to almost 57 today. I was bullish… Continue reading 5/10/21 Afternoon Signal xCF – Tangibility
5/7/21 Current Signal xHL
An unusual consecutive xHL signal. That happens when the first signal goes lower to middle cycle and the next one goes middle to upper. There is usually volatility with moves between cycles, but here we don't see any. SPY poking its nose back into the neutral zone yesterday makes the daily structure a little less… Continue reading 5/7/21 Current Signal xHL
5/5/21 Afternoon Signal xHL
It was easy to laugh off the capital gain tax hike ERX and GUSH are added. The chart shows that picking winners was tough over the last 21 days. The 1x sector Etfs make more money with less risk. The SMH and XBI negative returns are annoying but not disastrous like LABU and SOXL. Not… Continue reading 5/5/21 Afternoon Signal xHL
5/3/21 Where We At?
The chart shows tCC for the major indexes covering 7 months or 147 trade days. Note the IJR portfolio of small caps beats out IWM for first place by 5 natural log basis points or whatever they are called. .46 equates to a 59% return, while .21 = 23%. The Signal column shows what happened… Continue reading 5/3/21 Where We At?
4/26/21 The Homestretch
Pretty cool that all five of the growth group have close to the exact same 31 day returns, at least to the first two decimal places. The same maneuvering action we've been seeing for some time now with value shuffling slowly to growth, and CO staying a bit weak. I just submitted a seekingalpha article… Continue reading 4/26/21 The Homestretch
4/14/21 The Backstretch Current Signal xCC
A counter trend start to the day after the open, probably something to do with earnings season. After yesterday's afternoon post, I rethought the IWM/TNA situation, decided it was worth a shot and took a position in TNA. I used to always buy 100 shares, but that is wrong especially when commissions are zero. The… Continue reading 4/14/21 The Backstretch Current Signal xCC