- Rank: 36
- Followers: 17
- Votes: 52
- Years Member: 2
- Last Update: 16 October 2020, 19:33
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Categories:Market Timing
Market Breadth Analysis
General Market Commentary
Options week put everything on stall.
The myriad of data I look at indicates bullish for the intermediate/long term.
Expecting higher next week and then a drop (buy).
ARK Funds new buys: DOYU and ZM
Ten I am stalking/holding: AAWW, BJRI, DOYU, LAC, LE, PENN, PINS, RUN, TEN, GRVY
Could I be wrong? You bet! When I realize I am I try not to stay wrong for long.
GLD and SLV are about to make a move. I think it will be up.
Asset Managers killing it.
Chart comments:
101 Buy-and-Holders: Fed has your back
102 Investors: good for now
103 Swing Traders: bullish
104/105 Active Traders: bullish
106 Aggressive?: bullish
107 Defensive?: weak=bullish (utilities?)
108 Top?: no top in sight
109 Bottom?: N/A
110 Intermarket: bullish (not sure what gold/dollar is telling me)
111-113: Sector strength: tech, indus, disc, util (renewable) still have relative strength=bullish
114 Cap size & growth/value: mid growth=bullish
115 Factors: --> maybe large caps are too much out of favor (expecting a little comeback)
116 US Dollar: inflection point; need down to help precious metals and materials
117: Asset Rotation: Stocks 4, Bonds 0, Real Estate 3, Gold 2
400-405: Various factor ETFs side by side, and relative strength (RS) versions as well
501-508: Simple ETF approach: ARKW, TLT, XLRE, SLV (yes, ARKW is best of breed for stocks)
6xx charts for my son (if present)
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Stock selection: Chart 118
Recommend "Trading in the Zone" by Mark Douglas about the mental game.
Note: The profile says PRO but I am an engineer. Updates on weekends.
Finally: "It is enough to identify prevailing conditions and respond to them as they change, without any need to predict." -- John Hussman
All information is strictly for education.
Various ETFs across the consumer industries (for reference only).
XLY Consumer Discretionary
XLP Consumer Staples
ITB Home Construction
XRT Retail
PEJ Leisure
PBJ Food
Various ETFs across the consumer industries (for reference only).
XLY Consumer Discretionary
XLP Consumer Staples
ITB Home Construction
XRT Retail
PEJ Leisure
PBJ Food
Various ETFs across the energy and utilities industries (for reference only).
XLE Energy
XLU Utilities
USO Oil
XOP Oil Exploration and Production
IEZ Oil Equipment and Services
ICLN Clean Energy
KOL Coal
PDBC Commodities
Various ETFs across the energy and utilities industries (for reference only).
XLE Energy
XLU Utilities
BNO Oil
XOP Oil Exploration and Production
IEZ Oil Equipment and Services
ICLN Clean Energy
KOL Coal
PDBC Commodities
Various ETFs across the finance and real estate industries (for reference only).
XLF FInancial
XLRE Real estate
KRE Regional banks
KIE Insurance
MORT Mortgage REIT
REZ Residential REIT
$DJUSAG Asset Managers (was not able to find a focused ETF)
$DJUSSF Consumer finance (was not able to find a focused ETF)
IYG Financial services
Various ETFs across the finance and real estate industries (for reference only).
XLF FInancial
XLRE Real estate
KRE Regional banks
KIE Insurance
MORT Mortgage REIT
REZ Residential REIT
$DJUSAG Asset Managers (was not able to find a focused ETF)
$DJUSSF Consumer finance (was not able to find a focused ETF)
IYG Financial services
Various ETFs across the healthcare industries (for reference only).
XLV Healthcare
IHI Medical devices
IBB Biotech
IHF Healthcare providers
IHE Pharmaceuticals
Various ETFs across the healthcare industries (for reference only).
XLV Healthcare
IHI Medical devices
IBB Biotech
IHF Healthcare providers
IHE Pharmaceuticals
Various ETFs across the technology and communications industries (for reference only).
XLK Technology
XLC Communications
SMH Semiconductors
IGV Software
ARKW Internet
$DJUSEC Electrical Equipment (cannot find a focused ETF for this)
Various ETFs across the technology and communications industries (for reference only).
XLK Technology
XLC Communications
SMH Semiconductors
IGV Software
ARKW Internet
$DJUSEC Electrical Equipment (cannot find a focused ETF for this)
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