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
Tag: SOXL
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
5/5/21 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
4/13/21 Into the Homestretch
Turned out to be the right move to cut IWM loose when it started behaving badly Apr 5 and 6. SPY/QQQ/ and IWM were quite bullish in late March/early April. This formation shows some intermediate tops. This could tip over, in which 234 - 208 = 26, 226 - 26 = 200. That fate is… Continue reading 4/13/21 Into the Homestretch
4/13/21 Current Signal xCF
Probably have to get someone to look at my brain engrams to check how I thought xFC could resolve into xCC; not the first or last time I've done that. xCF OC has been a nice play to be long lately. It seems useful to split Semis into a group separate from Tech because the… Continue reading 4/13/21 Current Signal xCF
4/12/21 Current Signal xFC Top 10 Etfs
The overnight session didn't do a very good job of convincing anyone that there is downside uncertainty/risk in this market. Not a problem to guess the top winners out of 49 high volume ETFs. Not exactly a 1 in 5 chance to find something special. xFC is a mechanical sell, but I didn't think it… Continue reading 4/12/21 Current Signal xFC Top 10 Etfs
4/9/21 And They’re Off – Current Signals xCC
xCC has arguably been the worst sefira for the past 21 days but that's hardly a good reason to bail out in this environment. Lately, I've been fascinated by 1 day CC vs 21 day CC (the columns with the colors). Previously yesterday was part of the 21 day sample, which was wrong. The column… Continue reading 4/9/21 And They’re Off – Current Signals xCC
4/8/21 The Far Turn
The dog of growth is is once again biting the man of value. SPLV, USMV have been about as bad as value funds get in a bull market over the last year, but their recent performance is approaching respectability. LABU/XBI/IBB look like they might keep it together OC for a change today. The USMV and… Continue reading 4/8/21 The Far Turn
3/3/21 Current Signals xMM/o2>c2 or c0 – 3x Splits
TECL has been added to my 3x Bull list. TECL and SOXL had splits yesterday. SOXL was becoming difficult to trade in round lots at share prices well north of $500. TECL seems to be similar in makeup to XLK. They are both now priced around $40. SeekingAlpha didn't adjust these prices until late yesterday… Continue reading 3/3/21 Current Signals xMM/o2>c2 or c0 – 3x Splits
