Art's Charts

February 2023

Art's Charts

Blog Article Title Image

Should we Continue Taking Trend Signals after Whipsaws?

by Arthur Hill

The stock market has been a tough place for trend-following since January 2022, which is when the S&P 500 first triggered a bearish trend signal. The bearish signal in question is the humble 5/200 day SMA cross... Read More 

Art's Charts

Blog Article Title Image

Year of the Big Swing and Month of the Small Flag

by Arthur Hill

The S&P 500 SPDR (SPY) is a period of big swings and above average volatility. There were six swings of at least 10% from late January to early February 2023. Looking at other 12-14 month periods, this is the fourth most in the last 23 years... Read More 

Art's Charts

Blog Article Title Image

Pullbacks within Uptrends Create Opportunities

by Arthur Hill

Stocks went on a tear from late December to early February with the SPDR S&P 500 ETF (SPY) advancing some 11% from low to high. SPY then pulled back last week with a 2.5% decline from the February 2 high to the 10-February 10 low... Read More