Stock Lists, Stocks Grades and charts have been updated as of 12/2/2016.
A new chart has been added to the Summation Index tab. It shows the Summation Index for 5 months, so the recent movement of the Summation Index and the oscillator can be seen more clearly. It is called the “Short term Adjusted Summation Index”. The chart can be hidden or expanded by clicking on its title.
Another chart has been added to "Model Lists of Growth Stock Ideas” tab. It shows Relative strength of the “Final Growth GPA 3.8” index. This reveals if growth stocks are working in the current market environment.
When the Relative Strength line is going up the “Final Growth GPA 3.8” index is stronger than the market (SPY). Growth stocks and the market do not move in lockstep all the time. The market index includes value stocks as well, so when growth stocks are not working and value stocks are working the two indices are not in sync.
In the current market environment value stocks are doing better than growth stocks. This can be inferred from the Relative strength chart of the “Final Growth GPA 3.8” index and from the growth vs value chart. Also in “Sector ETF Analysis” we see only value type of sectors showing strength. There are no growth sectors showing up.
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