All Reports and Signal Pages
(most recent at top)
ChartTrader – Long and Short Term Uptrends, Watching TLT and $TNX, Symbols: CPER, URA, XBI, VRTX, REGN – (Premium)
The weight of the evidence is bullish for the long-term and the short-term. Long-term, the Composite Breadth Model is positive. Short-term, 4wk High-Low Percent for the S&P 500 and Nasdaq 100 remains net bullish, while SPY and QQQ continue to stair-step higher.
SystemTrader – Planning for Good Times and Bad – Risk vs Reward – Positions vs Cutoff (Premium)
Everyone has a trading plan until they go into drawdown. The Dual Momentum Rotation Strategies are off to a great start here in 2024. This is the easy part. Don’t forget that RISK is always lurking in the equity markets and this is something we must always take into account. There is no reward without risk.
Overbought Conditions Reflect Strength and Said Strength Drives Momentum Rotation Strategies
Momentum and trend strategies are off to a roaring start here in 2024. More often than not, these strategies buy leading stocks that appear overbought. Buying stocks that appear overbought often goes against our “gut feel”, but overbought conditions reflect strong buying pressure and this is clearly
Stock-Strategy: Dual Momentum Rotation Strategy for S&P 500 Stocks
Momentum strategies performed well in the first quarter of 2024. The S&P 500 Dual Momentum Rotation Strategy gained 24.8% in the first three months and handily outperformed its benchmark. $SPX was up 10.2%. Breaking it down, the strategy was up 7.3% in January, 11.1% in February and 4.7% in March. S&P 500 stocks even outperformed Nasdaq 100 stocks in March.
Stock-Strategy: Dual Momentum Rotation Strategy for Nasdaq 100 Stocks
Momentum strategies performed well in the first quarter of 2024. The Nasdaq 100 Dual Momentum Rotation Strategy gained 16.8% for the first three months and handily outperformed its benchmark. $NDX was up 8.5%. Breaking it down, the strategy was up 6.1% in January, up 11.9% in February and down 1.6% in March. NDX stocks underperformed the broader market in March.
ChartTrader – Participation Broadens, XLV Surges, XLK Stalls – Symbols: IWM, SOXX, XBI, IDXX, HON, MARA (Premium)
The first chart shows 4wk High-Low Percent for the S&P 500, Nasdaq 100, S&P MidCap 400 and S&P SmallCap 600. There is a detailed explanation below the chart. This SPX/NDX combo turned bullish on November 2nd
ChartTrader – 52wk High vs 4wk Highs – Symbols: HUBS, ILMN, SQ, FINX, NOW, IGV – (Premium)
The weight of the evidence remains bullish for stocks, both long-term and short-term. Some groups within the Nasdaq 100 corrected over the last two months. S&P 500 stocks picked up this slack as 52-week highs
An Indicator to Define the Trend and Quantify Momentum
The 200-day SMA is perhaps the most widely used long-term moving average. As its name implies, it is a simple indicator that chartists can use for trend-following and momentum strategies. For trend-following, we just need to know
ChartTrader – Bull Run Extends, Symbols: MDY, URA, GPN, ADSK, DDOG, SWK, VRTX – (Premium)
The bull run continues with the S&P 500 SPDR (SPY) surging 2% the last three days and hitting another new high. Four of the eleven sectors hit new high (Finance, Industrials, Communication Services and Materials). We also saw new highs in several economically sensitive groups: Home Construction ETF (ITB), Retail SPDR (XRT)
ChartTrader – Market Overview – Symbols: IGV, MSFT, ADBE, CIBR, CRWD, CYBR, PANW, ZS, $TNX, XLRE, XLU (Premium)
The weight of the evidence remains bullish for stocks, but I continue to see sizable pockets of short-term and medium-term weakness. Upside participation within the Nasdaq 100 and S&P SmallCap 600 is deteriorating. The S&P 500 is still holding strong and the 4wk High-Low Percent combo
20+ Yr Treasury Bond ETF Resumes its Downtrend
The 20+ Yr Treasury Bond ETF (TLT) failed again at the falling 40-week SMA and looks poised to resume its bigger downtrend. Keep in mind that bonds and yields move in the opposite direction. A resumption of the
Oil & Gas Equipment & Services ETF Resumes its Uptrend
The Oil & Gas Equipment & Services ETF (XES) is showing strength here in March as it breaks back above its 40-week SMA. More importantly, the long-term trend is up and this week’s breakout argues for a continuation of this uptrend.
ChartTrader – Using the ATR Stop to Define the Uptrends in NVDA, META, MSFT and AMZN – SPY and QQQ Hold Strong (Premium)
The first chart below shows the 4-wk High-Low Percent indicators for the S&P 500, Nasdaq 100, S&P MidCap 400 and S&P SmallCap 600. I explain the indicator and signals below the chart. This indicator combo turned bullish on November 2nd
ChartTrader – 240312: IBB, ON, SWK – Advance Broadens – Steep Uptrends Hold – Leading ETFs (Premium)
Some tech stocks stumbled over the last few weeks, but other parts of the market picked up the slack. The chart below shows the percentage of stocks above their 50-day SMAs for the S&P 500, Nasdaq 100, S&P MidCap 400 and S&P SmallCap 600. This indicator
Using the ATR Trailing Stop to Manage the Trade and Define the Trend
As its name suggests, the ATR Trailing Stop is normally used to trail a stop-loss for a long position. It can also be used to identify an outsized decline that could reverse an uptrend. Today’s example will show how to apply the ATR Trailing Stop on