I've been doing development work on groupings and fundamentals. On my monitor, I can see 32 columns and 50 rows of data comfortably. The technical challenge of reducing the data to fewer columns for viewing is not trivial. Anyway, there is serious rotation going on in here. XLU and XLP are staying strong, XLV looks… Continue reading 4/20/21 The Far Turn xCF > xCC Chemicals and Steel
Tag: SPY
4/19/21 = The Homestretch
We all knew this day would eventually come. That's why players were playing a maneuvering game as opposed to buying. If you take too much heat, you're not in control of your decisions. SPY can easily drop to the 18 day SMA at about 407, which appears to be a level that has a chance… Continue reading 4/19/21 = The Homestretch
4/19/21 Current Signal xFF
This mild weakness CO is more or less how things are rolling after the end of March breakout. The mild down opening after options expiration is theoretically bullish according to Investiquant. They are a major influence on my work. They keep track of events like that, performance on days of the week, etc. and give… Continue reading 4/19/21 Current Signal xFF
4/16/21 Current Signal xFC
The main lookback period is now 31 days from 21. This starts the view before the Feb-Mar 2020 crash. xFC is not a mechanical buy signal although it has been profitable for over a year. It has been consistently OK CO but weak OC. Return columns are sorted by CC instead of RR. QQQ is… Continue reading 4/16/21 Current Signal xFC
4/14/21 The Homestretch xCC
The signals get put into this structure. The komplex zombies in the third column are the last 4 characters in the all strategies column. Note the mild disturbance in the force from 3/18 - 3/30. No problemo catching the breakout before 4/1. The table would make a nice T shirt. If a rotational/directional change were… Continue reading 4/14/21 The Homestretch xCC
4/9/21 The HomeStretch – Consumer Cyclical
The players continue adjusting portfolios. The theme remains trading out of value into growth. The action confirms the idea that this isn't a good place to add a lot of size. You don't want to be shaken out if SPY goes down to 395. That is 15 points below where we are now XHB looks… Continue reading 4/9/21 The HomeStretch – Consumer Cyclical
4/7/21 Current Signals xCF
The smart and dumb money seemed to be balanced yesterday; it is still not clear which side was which. Deutsche Bank is guessing the sellers were the smart money, pointing out that the market could go down. How do you get a job like that? The very mild weakness CO is not unusual for xCF… Continue reading 4/7/21 Current Signals xCF
4/5/21 Still xFF
Tech and Growth have recovered from their recent coma. LABU looked like it was going into it's usual OC swoon but today it has improved to disappointing. The Consumer Cyclical sector is looking pretty good. The stocks above have the top 21 day RR of 50 stocks that have an average volume of over 2… Continue reading 4/5/21 Still xFF
4/5/21 Breakout
If you look at charts and aren't buying into this bull move, maybe you should stop looking at charts. SPY broke out of resistance to an all time high, QQQ and IWM are breaking out from lower levels. That suggests that this bull move will be quite strong. I'm not sure how the stars are… Continue reading 4/5/21 Breakout
3/31/21 Afternoon Signals xFC
Things look fine CO for tomorrow. Definitely looks like SPY 400 is coming. Yesterday was a bad day to give up on LABU.
