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
Tag: XHB
4/7/21 Afternoon Signals xCC
Looks like everyone that bought LABU at 64 had 2 days and change to get out in the mid 80s. Note how the short term 18 period SMA crossing above the 54 was the sell signal. Seeing that, an investor would have waited until the next morning to sell because LABU has been a superstar… Continue reading 4/7/21 Afternoon Signals xCC
4/6/21 ETF Ranking
The table shows the 1x ETFs out of 40 with the best RR numbers over the past 21 days. The next table shows the poorest RR performers (which are not doing badly here). Yesterday's numbers (columns starting with "y") confirm the 21 day CC numbers to some extent. That is, green on the top and… Continue reading 4/6/21 ETF Ranking
3/9/21 Sectors
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
1/26/21 Current Signals and Sectors
The last table shows results over the past 63 days if the next day CO (for SPY) is positive. x6 has a win rate of 70% for the two out of seven days that happened. That means that 70% of the 15 sector ETFs had positive returns OC, which is 21 positive out of 30… Continue reading 1/26/21 Current Signals and Sectors
12/9/20 – Midday Signals
"Never short a dull market" is a pretty good adage. The foxes are staying bullish. x6 is not as good as x5 and a strong finish will make the reading x7 which is not a big money maker but has played CO real well since the start of the 2nd quarter. The buy and hold… Continue reading 12/9/20 – Midday Signals
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