Systematic Trading Strategies and Next Level Trading Setups
Current Reports & Videos
The market shows more signs of risk aversion with breakdowns in technology-related ETFs, strength in insurance and bonds, and a downtrend signal in Bitcoin. The Semiconductor ETF is holding up, but the Software ETF and ARK Innovation ETF are breaking
Precious metals continue to lead the pack with the Silver ETF (SLV) sporting the biggest gain over the last three months (+40%). Industrial metals are also outperforming stocks with the Copper ETF (CPER) and DB Base Metals ETF (DBB) up
The Market Regime page defines the stock market environment: bull or bear market. Three breadth/trend 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
Nucor (NUE) is steel stock that is part of the Materials SPDR (XLB) and Metals & Mining SPDR (XME). XLB is a lagging sector because of the chemical industry, but XME is a leading group with a 65% year-to-date gain.
The weight of the evidence remains bullish for stocks, but there are large pockets of weakness within the market. 56.6% of S&P 500 stocks are above their 200-day SMAs, which means 43.4% are below and in long-term downtrends. Even though
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
Stocks and ETFs can become overbought and remain overbought during strong uptrends. We see this play out in QQQ as it moved above the upper Bollinger Band (200,2) several times and continued higher. Bollinger Bands (200,2) are two standard
Stock market performance remains mixed with a high percentage of S&P 500 stocks trading below their 200-day SMAs. This number has yet to exceed 50%, but should be watched because the Consumer Discretionary and Technology sectors show deterioration. Despite a
There are some interesting developments in the alternative ETF universe. Gold, silver and their respective miners corrected within leading uptrends. This means they are setting up bullish. Bonds got clobbered the last six days, but TLT is also setting up
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.
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.
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
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
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
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.
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
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
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
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
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