Interesting dilemma yesterday was whether to hold overnight. The weak CO trend is a big deal currently. I'm starting to understand what I've been doing the last more than a few months. The studies have been rate of change analysis with consecutive time periods. That sort of relates to a moving average offset; offset means… Continue reading 4/22/21 Fixed Anchor Point or Derangement?
If a kidnapper of a close family member demands that you invest in either XLU, XLB, or XLV probably the choice is between XLB or XLV. They both look pretty good today, showing breakouts above congestion. Mining is the hot area today. Steel has not been strong lately but still the leading industry. The win… Continue reading 4/15/21 The Homestretch – Healthcare and Materials
xCF has been playing CO poorly but OC has been fine. x1 is doing nicely during both states. Staying long seems like the obvious move here. XLV looks interesting after this two week consolidation.
"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
Market still bullish with the exception of XBI and XLV. Seasonality is a positive. Some technical deterioration is a concern.
Later strength after earlier weakness. Still quite bullish overall, XBI and XLV are weak.