Systematic Trading Strategies and Next Level Trading Setups
The weight of the evidence remains bullish for stocks, but there are some sizable pockets of weakness with some 45% of S&P 500 components trading below their 200-day SMAs. This makes it a challenging environment for stock picking.
Stocks – CSX, GILD, HEI, XLP, COST, ETR & XEL Read More »
While the weight of the evidence has yet to turn bearish, the market is becoming more split as the pockets of weakness expand. 54.80% of S&P 500 stocks are above their 200-day SMAs, which is the lowest percentage since June. This also
Watching QQQ and MAGS for Clues – 6 Tech Leaders and 6 Laggards – XLU Corrects Read More »
This page covers the ranking table for the rotation strategy trading ETFs (RO-Investor-ETF). The ranking table shows the ETF universe with a sortable prefix, which makes it easy to find specific groups (tech ETFs, commodity ETFs). Table indicators include the Momentum Rank, Trend Trio (up/down), Broad Breadth Model (bull/bear), the momentum indicator and the 5-day change in momentum. The default sort puts the strongest ETFs at the top and each ETF includes a SharpChart link.
Rotation Investor ETF – Ranking Table Read More »
This page covers the ranking table for the rotation strategy trading Nasdaq 100 stocks (RO-Investor-NDX). The ranking table includes the sector and industry for sorting to find specific groups (software, semiconductor). Table indicators include the Momentum Rank, PPO Trend (up/down), Broad Breadth Model (bull/bear), the NDX momentum indicator and the 5-day change in momentum. The default sort puts the strongest stocks at the top and each stock includes a SharpChart link.
Rotation Investor NDX100 – Ranking Table Read More »
This page shows Trend Composite signals for stocks in the S&P 500. The Trend Composite aggregate trend signals in five trend-following indicators. Recent signals appear at the top of the table. Users can also sort by different columns and single out specific sectors using the search function. Stocks in uptrends are color coded green for quick identification. This table includes the signal date, gain/loss since the signal and a chart link.
Trend Composite Signals for S&P 500 Stocks Read More »
This page covers the signals and portfolio for the rotation strategy trading Nasdaq 100 stocks (RO-Investor-NDX). The strategy starts with our stock market breadth model to define the broad market environment. There is a table showing the current portfolio, gain/loss and new entry/exit signals. Two sidebars make it easy to compare the current ranking with the prior week’s ranking, and see which stocks made the cut. A second table shows the most recent closed positions with their gain/loss and bars traded.
Rotation Investor NDX100 – Signals & Portfolio Read More »
This page covers the signals and portfolio for the rotation strategy trading S&P 500 stocks (RO-Investor-SPX). The strategy starts with our stock market breadth model to define the broad market environment. There is a table showing the current portfolio, gain/loss and new entry/exit signals. Two sidebars make it easy to compare the current ranking with the prior week’s ranking, and see which stocks made the cut. A second table shows the most recent closed positions with their gain/loss and bars traded.
Rotation Investor SPX500 – Signals & Portfolio Read More »
This page covers the signals and portfolio for the rotation strategy trading ETFs (RO-Investor-ETF). The strategy starts with our stock market breadth model to define ETF eligibility. There is a table showing the current portfolio, gain/loss and new entry/exit signals. Two sidebars make it easy to compare the current ranking with the prior week’s ranking, and see which ETFs made the cut. A second table shows the most recent closed positions with their gain/loss and bars traded.
Rotation Investor ETF – Signals and Portfolio Read More »
This page covers the ranking table for the rotation strategy trading S&P 500 stocks (RO-Investor-SPX). The ranking table includes the sector and industry for sorting to find specific groups (housing, semiconductor). Table indicators include the Momentum Rank, Trend Filter (strong/not), Broad Breadth Model (bull/bear), the SPX momentum indicator and the 5-day change in momentum. The default sort puts the strongest stocks at the top and each stock includes a SharpChart link.
Rotation Investor SPX500 – Ranking Table Read More »
Using a 270 ETF universe, this page covers Trend Composite signals for trend and StochClose values for ranking. Users can identify new trend signals, track existing signals and see the percentage change. Sortable columns make it easy to filter for uptrends and then sort by StochClose to rank trend strength. The table includes links to a StockCharts chart with corresponding indicators.
Trend Signals & StochClose Rank for ETFs Read More »
Updated at the end of every week (usually Saturday mornings), this page shows charts and current signals for the Broad Breadth Model (BBM). The model uses an array of breadth indicators from various indexes for a weight of the evidence approach to assess conditions for the broader stock market (large-caps, mid-caps, small-caps). Stock market conditions are favorable when this model is bullish (positive) and unfavorable when the model is bearish (negative).
Broad Breadth Model – Current Signal Read More »
While there are concerns with broad market breadth and performance outside of the tech sector, the bull market is not over until QQQ sings. In fact, even a correction is unlikely as long as QQQ and Nasdaq 100 breadth remain strong. Today’s report starts with the influence
MAG7 Powers the Market – Breadth Wanes, but Still Bullish – A 2 Standard-Dev Move in QQQ Read More »
QQQ is looking overbought because it closed above the upper Bollinger Band (200,2) twice this week. As noted in Part 1, stocks and ETFs can become overbought and remain overbought in strong uptrends. This is why we need a momentum indicator to signal a bearish shift. This report will first show how to use StochRSI for momentum shifts and then identify the key levels for Nasdaq 100 breadth.
Bearish Shifts after Becoming Overbought (QQQ) – Key Levels for NDX Breadth (Part 2) Read More »
Gold, silver and their respective miners show the same chart characteristics: long-term uptrends, explosive moves from late August to mid October, sharp corrections the last eight days and short-term oversold conditions. We will start with the Gold SPDR (GLD) chart because gold is
Gold Oversold – Base Metals Lead – Uranium Breakout – Bonds Fall, but Still in Uptrend Read More »
These are the charts from my interview with Jim Puplava and Financial Sense on Thursday, October 30thy. Overbought conditions can persist in strong uptrends (SPY, QQQ). MAGS is not yet overbought. Plus XLI, Breadth, IEF, Gold, Copper and Bitcoin.
Financial Sense – Charts for Interview on October 30th Read More »
The Market Regime page defines the stock market environment: bull or bear market. Three trend/breadth models quantify performance for stocks in the S&P 500, Nasdaq 100 and S&P 1500. Yield spreads capture credit market conditions, while Treasury yield trends reflect Fed policy.
S&P 500, Nasdaq 100 and S&P 1500 Breadth Models – Yields Spreads – Fed Policy Read More »
The market environment remains bullish with tech and AI related stocks leading the charge. Today’s report features a stock that fits in both the semiconductor and software groups (Cadence CDNS). We will also cover Tesla, which is part of the Mag7 ETF, another market leader. Attention then turns to an off-price retailer with a breakout (Burlington Stores BURL).
Cadence CDNS, Tesla TSLA, Burlington BURL, Newmont NEM, Freeport McMoRan FCX Read More »
The weight of the evidence remains bullish with the same groups leading the way higher. SPY and QQQ hit new highs to affirm the dominance of large-caps and large-cap techs. Tech, industrials and utilities are the strongest sectors with new highs this month. Within technology, the AI-related ETFs are leading the charge with short-term breakouts last
Staying the Course – SPY/QQQ Hit New Highs – Tech/AI ETFs Lead – Flag/Pennant Breakouts Read More »
Trading is all about putting the odds in your favor. When picking stocks, we can improve our odds by staying on the right side of the market and focusing on names in leading sectors and industry groups. Today’s report starts with the market
Key Influences on Stock Performance – Bullish Patterns for Two Cybersecurity Stocks Read More »
Today’s report starts with bonds because these safe haven assets are trending higher. Bonds have yet to start outperforming stocks, but traders should watch this relationship for clues on the risk appetite for stocks. Precious metals were rocked this week as gold, silver and their respective
Bond ETF Hits New High – Gold Hit – GDX Triggers Stop – Moment of truth for Bitcoin Read More »
