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
Tag: XRT
3/26/21 Current Signals xLH; The Problem
These choppy periods can last for a long time and who really understands the recent couch potato weakness? I've also been looking at ranking stocks based on performance for a long time. One obvious idea is that the best performing stocks for a recent time period of x days, will perform better than average for… Continue reading 3/26/21 Current Signals xLH; The Problem
2/2/21 Midday Signals xHL/x7 Top 20 Rational ETFs
Apparently GME was the old story of the twits against an ivy league MBA or three; pretty safe to assume both sides will get hosed. The trick is never walking into a place you don't know how to walk out of, as De Niro's character says in Ronin. Another safe bet is that XRT might… Continue reading 2/2/21 Midday Signals xHL/x7 Top 20 Rational ETFs
1/28/21 Current Signals xLH/x0 – GME and XRT
Have to confess, I went long yesterday at the close. With the introduction of the sefirot, x0F and x0C have been merged into xLH. xLH can either drop to the lower cycle with x00 or x30 or stay in the middle cycle with xHL (or xMM if not x0F or x0C previously). x0 as a… Continue reading 1/28/21 Current Signals xLH/x0 – GME and XRT
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
1/21/21 Current Signals xFF/x7 and Sectors
The three unlikely post election sector heroes are KRE, XLE and XRT. KRE is doing about twice as well as XLF. Note that these strong sectors are going counter to the usual OC relative weakness. The big advantage of using natural log returns is that the three periods can be added to get total returns.… Continue reading 1/21/21 Current Signals xFF/x7 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
12/4/20 – Midday Signals
Couch potatoes ex-semis are lagging small caps today. The foxes are unanimous at xFC. xFC hasn't been a bad place to go long, especially from a CO point of view. Note that the winning percentages for CO and OC have been added to the tables. Going long XRT or SMH CO, then long XRT or… Continue reading 12/4/20 – Midday Signals