Stock lists and charts have been updated for June 10, 2017.
The Summation Index is still close to 1000 and it is still above its moving average, indicating there is still a good chance for the market to keep on moving up in the short term. However the price action on Friday on QQQ puts us on notice to watch the Summation Index very carefully.
In Growth vs Value chart the line has been going up since Dec 2, indicating that growth is outperforming value. However last week the line turned down for the week, indicating that value did better last week than growth. By reversion to the mean theory the upward movement of growth stocks may slow down and value stocks may start moving up.
We may be at a point in the Market where the performance of growth stocks may slow down compared to value stocks. It is time to start watching the market closely to understand what it is telling us, then decide what action to take.
Sunday, June 11, 2017
Sunday, May 14, 2017
Stock lists and charts have been updated for May 13, 2017
Stock lists and charts have been updated for May 13, 2017.
The Oscillator of the Summation Index is still close to 1000 though it has gone below its moving average, indicating there is still a good chance for the market to keep on moving up in the short term. Since the oscillator is also low there there is a possibility for the market to go up, if the oscillator starts moving up.
In Growth vs Value chart the line has been going up since Dec 2, indicating that growth is still outperforming value. By reversion to the mean theory the upward movement of growth stocks may slow down and value stocks my start moving up. However the chart does not show we have reached that point.
The Oscillator of the Summation Index is still close to 1000 though it has gone below its moving average, indicating there is still a good chance for the market to keep on moving up in the short term. Since the oscillator is also low there there is a possibility for the market to go up, if the oscillator starts moving up.
In Growth vs Value chart the line has been going up since Dec 2, indicating that growth is still outperforming value. By reversion to the mean theory the upward movement of growth stocks may slow down and value stocks my start moving up. However the chart does not show we have reached that point.
Saturday, April 1, 2017
Stock lists and charts have been updated for March 31, 2017.
Stock lists and charts have been updated for March 31, 2017.
The Oscillator of the Summation Index has reached 1000, indicating a good chance for the market to start moving up again in the short term. Since the oscillator is so high there may be a slight pullback before it starts moving up again.
In Growth vs Value chart the line has been going up since Dec 2, indicating that growth is still outperforming value.
The Oscillator of the Summation Index has reached 1000, indicating a good chance for the market to start moving up again in the short term. Since the oscillator is so high there may be a slight pullback before it starts moving up again.
In Growth vs Value chart the line has been going up since Dec 2, indicating that growth is still outperforming value.
Wednesday, February 22, 2017
Rotation Continues
Rotation Continues 2/22/2017
I don't have much to add from last month's post because not much has changed. The market's uptrend continues despite just about everyone saying how overbought it has been. Its continues to rotate from group to group. It really hasn't picked up new groups to move higher, but it seems to be moving back and forth between banks, investment bankers, steels, semi conductor equipment and manufacturing. If you have a shorter term time frame you have to move to the group that hasn't run in the last couple weeks. One area that seems to picking up is the emerging markets. The relative strength of that index has been in an uptrend since the November.
I don't have much to add from last month's post because not much has changed. The market's uptrend continues despite just about everyone saying how overbought it has been. Its continues to rotate from group to group. It really hasn't picked up new groups to move higher, but it seems to be moving back and forth between banks, investment bankers, steels, semi conductor equipment and manufacturing. If you have a shorter term time frame you have to move to the group that hasn't run in the last couple weeks. One area that seems to picking up is the emerging markets. The relative strength of that index has been in an uptrend since the November.
Saturday, February 18, 2017
Stock lists and charts have been updated for Feb 17, 2017.
Stock Lists and charts have been updated for Feb 17, 2017.
Growth has been doing better than Value, since Dec 2, 2016. This can be seen in the Growth vs value chart. Summation Index is above 1000 since Jan 9, 2017. Read the explanation on the “Summation Index” page to understand the significance of Summation Index being above 1000.
Growth has been doing better than Value, since Dec 2, 2016. This can be seen in the Growth vs value chart. Summation Index is above 1000 since Jan 9, 2017. Read the explanation on the “Summation Index” page to understand the significance of Summation Index being above 1000.
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