Lee AdlerCycles are mixed, and cycle screening measures are deteriorating, but there are still reasons to expect the averages to head higher. Here’s what they are,…
The volatility subsided, but the range remained. 4 picks dipped below their stops. Were they too tight? Or is this the beginning of the end for the longs. Time will tell.
Meanwhile, list performance improved slightly to an average of +2.4%, up from +0.2% the week before, on an average holding period of 15 days, up from 10 days the week before. The percentage change assumes cash trades, no margin, no options.
The stopouts left just 4 picks on the list. All are longs, and all look ok to hold, with stops adjusted based on trigger lines in the charts. I added two more picks from Friday’s screen.
Cycles are still bullish, with the 6 month and 10-12 month cycles ideally due to top out concurrently in xxxx (subscriber version). The 6 month…
The volatility subsided, but the range remained. 4 picks dipped below their stops. Were they too tight? Or is this the beginning of the end for the longs. Time will tell.
Meanwhile, list performance improved slightly to an average of +2.4%, up from +0.2% the week before, on an average holding period of 15 days, up from 10 days the week before. The percentage change assumes cash trades, no margin, no options.
The stopouts left just 4 picks on the list. All are longs, and all look ok to hold, with stops adjusted based on trigger lines in the charts. I added two more picks from Friday’s screen.
Cycles are still bullish, with the 6 month and 10-12 month cycles apparently in trending mode. This means that there are neither price projections nor…
The volatility subsided, but the range remained. 4 picks dipped below their stops. Were they too tight? Or is this the beginning of the end for the longs. Time will tell.
Meanwhile, list performance improved slightly to an average of +2.4%, up from +0.2% the week before, on an average holding period of 15 days, up from 10 days the week before. The percentage change assumes cash trades, no margin, no options.
The stopouts left just 4 picks on the list. All are longs, and all look ok to hold, with stops adjusted based on trigger lines in the charts. I added two more picks from Friday’s screen.
As wild short term volatility chews up swing traders and spits them out, the market averages remain in an uptrend, and look poised to move…
List performance degraded last week, with the average gain dropping to +2.5% on an average holding period of 12 days. That includes open picks and those that triggered stops during the week. Remaining picks are shaky. I have tightened stops.
This table summarizes recent list performance.
I have always been reluctant to post midweek updates. Last week’s market action was a perfect example why. We had the beginning of a crash.…
List performance degraded last week, with the average gain dropping to +2.5% on an average holding period of 12 days. That includes open picks and those that triggered stops during the week. Remaining picks are shaky. I have tightened stops.
This table summarizes recent list performance.
Mea culpa. I did not see this coming. There were signs. I dismissed them. I was in a hypnotic trance, because there wasn’t much different…
All cycles have gotten back in gear. The upside could be explosive. This report tells what to look for that would trigger that scenario. Technical…