Cycles are mixed, with all shorter cycles in down phases that are still flat, but could grow teeth. The longer term structures and outlook stay…
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.
Cycles are mixed, with all shorter cycles in down phases that are still flat, but could grow teeth. The longer term structures and outlook stay…
I took some time off from trading this week, which was probably a good thing, considering the whippiness and suddenness of the changes of direction.…
Is the stock market constructing a space needle pattern on the charts? Cycles remain in gear to the upside for all time frames from 4…
Every week I run technical stock screens covering all NYSE and NASD stocks trading above $6 and averaging more than 1 million shares a day.…
The S&P has now broken through a long term uptrend line that dates from the 2014 peak. All intermediate and short cycles remain in gear…
Oh What a Tangled Web We Weave When First We Update a Spreadsheet from Fed Data I got into a bit of a pickle this…
The 6 month cycle up phase reasserted itself last week. All of the short term cycles up to 13 weeks resychronized with the 6 month…
Friday’s rally appears to support that we’re in the early days of a 6 month cycle up phase. We have been expecting it in this…
The upward path of prices got slammed at midweek, just as the S&P 500 had crossed the centerlines of a couple of channels. The index…
Last week I wrote that the 6 month cycle low setup was forming. Was this rally the beginning of the up phase? While we don’t…