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Updated: 2018-01-23T08:22:46.386-07:00

 



TOS Buy/Sell scan results for week of 1/19/2018 and the new picks for the coming week

2018-01-20T11:51:47.308-07:00

These are TOS scans of my 80 ETF markets with some of the typical trading strategies available in the Think or Swim scanner, these are NOT recommendations to buy or sell, simply weekly testing of these various strategies to prove they are complete BS or, some times, actually work. The signal day, of course, is based on probably the worst day of the week, Friday, but I use that to give me time on the weekend to update.The daily signals are best for the one week of results while the Weekly signals should probably be considered longer term swing trades, I, MAY, do like a monthly or quarterly update to see how they did on the longer term time frames.Multiple signals in one direction, "CAN" (that's a disclaimer), be a sign of a change in direction in certain markets or sectors.The "TTM SQUEEZE" is just for information purposes as it's not a signal, it merely alerts you to the possibility of a big move up coming, either higher or lower.The 80 ETF's are based strictly on "Liquidity" (highest volume), there are no leveraged funds with the exception of XIV and VXX, there are no inverse funds, and I try not to double up on similar funds or asset classes, although most of the "major" indexes are basically the same. There are seven markets that average less than 100K shares a day, five are Country ETF's which I include for obvious reasons, EIS as it would signal a new war in the middle east first, EIRL, IDX, EWK, EPU, one currency, FXF, which is the Swiss Franc, and GCC is a commodity fund.Daily signals last week:PPS BUY SIGNAL: 88.8% winners, only TUR was lower.PPS SELL SIGNAL: NONEMACD Histogram buy signal: 100% winners4 Hour MACD buy signal: 100% winnersMACD Histogram sell signal: 100% winner.4 Hour MACD sell signal: NONEPositive ROC(13) Cross:  NONENegative ROC(13) Cross: NONE8 SMA closed above 21 SMA: NONE8 SMA closed below 21 SMA: NONEHULL MA(21) changed to green: 100% winnersHULL MA(21) changed to RED: NONE. The multiple buy signals were 100% winners.The multiple sell signals were NONE.Here's the DAILY signals for this week:PPS buy signal for Monday: EPHE, EPIPPS sell signal for Monday: TURBollingerBandLE: NONEBollingerBandSE: EWW, SMHPositive MACD Histogram Cross: EIRL, XLP       "     4 HOUR MACD Cross: EWM, EWS                                                  Negative MACD Histogram Cross: JNK, SLV        "     4 Hour MACD Cross: TURRSI 2 80/50/20 LE: AMLP, EPHE, SLV, JNKRSI 2 80/50/20 SE: EWW, EZA, RSXMonthly 10SMA LE: AMLP, EWD, EWP, FXF, SLVMonthly 10SMA SE: IYR, TLTStochSlow Overbought: EPI, EWA, XHB, XLB, XLPStochSlow OverSold: BNDPositive ROC(13) Cross: NONENegative ROC(13) Cross: NONE8 SMA CLOSED ABOVE 21 SMA: NONE8 SMA CLOSED BELOW 21 SMA: NONEHULL MA(21) changed to green: NONEHULL MA(21) changed to RED: DBC, EWA, EWC, OIH"TTM SQUEEZE" : NONEMultiple buy signals: AMLP, EPHEMultiple SELL signals: TURNOTES:Another great week last week, nothing less than 88.8% winners, my fears about the large number of  buys on the PPS and four hour MACD were unfounded as both systems came through like champs, but of course champs eventually become CHUMPS, it's just a matter of time .....................Weekly signals last week:PPS BUY SIGNAL: 100% winnerPPS SELL SIGNAL: NONEMACD Histogram buy signal: 100% winners with 15 signals.MACD Histogram sell signal: 100% winners, all one of them, UUP was "not"Positive ROC: 100% LOSER, there had to be one I guess, AMLPNegative ROC(13) Cross:  75% LOSERS, only TLT lower Close above T-Line: 100% winners.Close below T-Line: 100% winnersHULL MA(21) changed to green: 100% winners.HULL MA(21) changed to RED: 100% winners.The multiple buy signals were 100% winners out of 5 signals ..Multiple SELL signals were 100% winners out of 2 signals ..Here's the WEEKLY signals for this week:PPS buy signal for Monday: NONEPPS sell signal for Monday: TURBollingerBandLE: NO[...]



WEEKLY WRAP UP FOR 1/19/2018

2018-01-20T10:08:38.627-07:00

Last govenment shut down in the red box in 2013, hahahaha, Wall Street LOOOOOOOOVES shut downs ..............(click on image for larger view, I hope)(NOTE: A cross of the 20/50 sma is NOT a trading "strategy", I merely use it for breath comparison purposes to provide continuity, this is the standard set up by StockCharts.com)Hmmmm, a little ittsy bitsy teenie weenie crack in the breath indicators this week, in the NYSE at least, as it closed on new highs but the $NYAD's have been going lower, and setting up a sell on the MACD, that's called a divergence, and in days of Yore before the massive interventions by the FED, this would lead to a 50% drop in the markets, but these days, it's just fodder for the FED to sucker in any one stupid enough to short it so they can squeeze the shit out of them.By the way, the $NAAD's made new highs with the $COMPQ, so this is not a market wide thing, although the NYSE is the biggie when it comes to indexes.The same three stayed on sell signals, 20sma below 50sma, $USD, IYR and TLT, IYR and TLT are obviously impacted by the ten year yield being up 3.33% on the week to 2.637%, but that certainly doesn't explain the dollar weakness. Only ONE Bullish Percent indexe remains on sell signals, the $BPINFO, although the price did explode this week and will "probably" join the rest of the $BP's on a buy signal next week.  Thanks to the weak dollar $BPGDM went on buy this week, more surprising to me is the price weakness in the Staples and Financials.Sameo sameo, as the XLU remains the only sector on a sell signal, again. We stayed at 66 of my 81 markets I keep track of higher this week, in a surprise to me, as I could care less about them other than they are a big influence in  the world, China was the big winner this week, FXI up 6.05%, as, according to many people I follow, they lied about their GDP as usual, although they probably don't lie as much as Washington does. This set off a whole bunch of those Furriner ETF's, with none of our majors showing up on the first page. We did get good performance from XLV, XLP, and XRT, all up over 2% on the week.The big boys showed up on the second page as our winner,  DIA up 1.93%,  then the, QQQ "only" up 1.87%, SPY was on the third page, up 1.55%, with the little guys in last spot, IWM up a paultry .70%, or on track for a lousy 175% this year.We dropped off our record of markets closing on 20 day highs down to a lousy 34,  sigh, not even worth mentioning, he he he, we had a new record on the Turtle trade for the second week in a row as 58 of the 62 from last week were higher on the week, only IGE, XBI, XLB and XLE were lower on the week. Live it up Turtles, this "probably" won't go on forever. We even got aother very unusual winning rate from last week on the 20 day lows, 100%, as, AGAIN, IYR and XLU were lower for the week, and IYR was the only one to close on 20 day lows out of the 81 markets. I believe that's three weeks in a row for both of those, can IYR make it a month? Humpt, with the dollar down commodities "SHOULD" have been flying, so I have no explanation for OIH, XME, XLE and XLB being on the loser's list, DBA, DBC and USO were just barely positive on the week, I guess it's just a slow start to the WORLD WIDE ECONOMIC BOOM the ANAL-yst say we are in the midst of. FOSL was the big winner this week because it was the second worst performer in the SP 500 over the last year, yep, that's why................Wow, talk about the effects of tax reform and the WORLD WIDE ECONOMIC BOOM, look at those names up toward the top of the losers list, GE and FORD????? I understand UA, I mean who in their right mind watchs basketball, I guess AA got a dose of reality from F.[...]



TOS Buy/Sell scan results for week of 1/12/2018 and the new picks for the coming week

2018-01-15T11:43:29.761-07:00

These are TOS scans of my 80 ETF markets with some of the typical trading strategies available in the Think or Swim scanner, these are NOT recommendations to buy or sell, simply weekly testing of these various strategies to prove they are complete BS or, some times, actually work. The signal day, of course, is based on probably the worst day of the week, Friday, but I use that to give me time on the weekend to update.The daily signals are best for the one week of results while the Weekly signals should probably be considered longer term swing trades, I, MAY, do like a monthly or quarterly update to see how they did on the longer term time frames.Multiple signals in one direction, "CAN" (that's a disclaimer), be a sign of a change in direction in certain markets or sectors.The "TTM SQUEEZE" is just for information purposes as it's not a signal, it merely alerts you to the possibility of a big move up coming, either higher or lower.The 80 ETF's are based strictly on "Liquidity" (highest volume), there are no leveraged funds with the exception of XIV and VXX, there are no inverse funds, and I try not to double up on similar funds or asset classes, although most of the "major" indexes are basically the same. There are seven markets that average less than 100K shares a day, five are Country ETF's which I include for obvious reasons, EIS as it would signal a new war in the middle east first, EIRL, IDX, EWK, EPU, one currency, FXF, which is the Swiss Franc, and GCC is a commodity fund.NOTE: I have not finished testing for the "new" systems, I hope to get it done over the weekend.Daily signals last week:PPS BUY SIGNAL: 100% winners.PPS SELL SIGNAL: 50% winnersMACD Histogram buy signal: 50% winners4 Hour MACD buy signal: NONEMACD Histogram sell signal: NONE.4 Hour MACD sell signal: 50% winners.Positive ROC(13) Cross:  NONENegative ROC(13) Cross: NONEClose above T-Line, 8 EMA: NONEClose below T-Line: NONEHULL MA(21) changed to green: NONE. HULL MA(21) changed to RED: NONE. The multiple buy signals were NONE.The multiple sell signals were NONE.Here's the DAILY signals for this week:PPS buy signal for Monday: EIRL, EWA, EWG, EWT, FXF, GCC, GDX, SLV, TURPPS sell signal for Monday: NONEPositive MACD Histogram Cross: XRT       "     4 HOUR MACD Cross: AAXJ, EIDO, EWL, EWT, FXF, GDX, GLD, IDX                                                  Negative MACD Histogram Cross: XIV        "     4 Hour MACD Cross: NONEPositive ROC(13) Cross: NONENegative ROC(13) Cross: NONE8 EMA CLOSED ABOVE 21 EMA: NONE8 EMA CLOSED BELOW 21 EMA: NONEHULL MA(21) changed to green: FXE, FXFHULL MA(21) changed to RED: NONE"TTM SQUEEZE" : NONEMultiple buy signals: EWT, FXF, GDXMultiple SELL signals: NONE, ZERO, NADA, ZILCHNOTES:Great week last week, nothing less than 50% winners, mainly because 64% of the systems had NO signals last week, hahahaha, woooo hoooo ...........I don't like the big number of buys on the PPS and four hour MACD, but of course I didn't like the massive buy numbers last week but for some reason Mr. Market just completely ignored my cautious attitued.Just a thought, but the buy signals on FXE and FXF, plus multiple sell signals on the dollar vs other currencies, "PROBABLY", "IF", "MAYBE", "EXPECTED", "MIGHT", mean the dollar will go lower, which is, "PROBABLY", "IF", "MAYBE", "EXPECTED", "MIGHT", be good for GOLD, and thus GDX, and thus thus SLV ................. not good for bonds, etc etc .........Weekly signals last week:PPS BUY SIGNAL: 82% winners, but a good week as we had 17 signals.PPS SELL SIGNAL: 50% winnersMACD Histogram buy signal: 80% winners with 15 signals.MACD Histogram sell signal: 100% winners, all one of them, TLTPositive ROC: 100% winners with 10 signalsNegative ROC(13) Cross:  100% winners with  signal IYR. Close above T-Lin[...]



WEEKLY WRAP UP FOR 1/12/2018

2018-01-12T17:07:03.917-07:00

(click on image for larger view, I hope)(NOTE: A cross of the 20/50 sma is NOT a trading "strategy", I merely use it for breath comparison purposes to provide continuity, this is the standard set up by StockCharts.com)Well, with this record setting week I'm glad to at least see my major markets dropped to three on sell signals, 20sma below 50sma, $USD and IYR remain on sell and are joined by TLT, which went on a sell by 8 cents.I have no charts above this as there is nothing to show, the breath indicators remained the same and on buy, buy and more buy. Only two Bullish Percent indexes remain on sell signals, the $BPINFO and $BPGDM, both the 20sma's have turned higher and are probably headed up to make it a concensus on the bullish percents.The XLU remains the only sector on a sell signal, again. We dropped off the record of last week as "only" 66 of my 81 markets I keep track of were higher this week just like the major indexes, KRE was the leader with XLF in 15th spot as both JPM and WFC missed earnings Friday morning, so I guess that investors figured this was a mistake that would be corrected by the end of the day. Our favorite consumer product, USO, was in third spot up 4.55% with OIH right in front of it, and though our markets continue to blast higher for the second week in a row none of the majors made the first page.They showed up right away on the second page though with the winner, IWM, in 23rd spot up 2.18%, DIA right behind at 2.05%, then the SPY at 1.65%, with the NasDOGS actually being DOGS, QQQ "only" up 1.59%, or,  looking at "probably" an 87.88% gain for the year if they keep up this doggie performance.Just like last week we set another new record with the number of markets closing on 20 day highs at 62,  up from a paultry 52 last week, hahahahaha, AND, we had a new record on the Turtle trade as 45 of the 52 from last week were higher on the week. I'm kind of disgusted that 7 stocks finished lower on the week, fricking DOGS ................We even got aother very unusual winning rate from last week on the 20 day lows, 100%, as IYR and XLU both closed on lows and were lower for the week, they were joined by UUP. We will see if IYR and XLU can make it three weeks in a row. Not only did IYR and XLU set that 20 day low record but they were the worst of the week, even ahead of VXX, and THAT's REALLY saying some thing. With the markets flying it's interesting to see the loser's going to 15 from only 5 last week, SMH was a loser this week as well as noted in the next section. Quite a lot of different industries in the SP 500 winners this week, Da Boyz are rotating around to keep the dream alive, 349 were higher on the week, which is actually lower than last week.Here's the losers, with all that red up there I draw your attention to the 3rd worst performer of the week, MU, every performance column on it is green accept for the last week.It's pulled back, and it sitting inside of a nice triangle, AND, you have a nice tight stop as you OBVIOUSLY would not want to hang around if that thing broke below that lower trend line.With that big run up from August if it can break above the upper trend line and make new highs it, COULD, POSSIBLY, look to make an "EQUAL MOVE", and POSSIBLY target some thing like $62, maybe ..............[...]



TOS Buy/Sell scan results for week of 1/5/2018 and the new picks for the coming week

2018-01-10T06:04:07.246-07:00

These are TOS scans of my 80 ETF markets with some of the typical trading strategies available in the Think or Swim scanner, these are NOT recommendations to buy or sell, simply weekly testing of these various strategies to prove they are complete BS or, some times, actually work. The signal day, of course, is based on probably the worst day of the week, Friday, but I use that to give me time on the weekend to update.The daily signals are best for the one week of results while the Weekly signals should probably be considered longer term swing trades, I, MAY, do like a monthly or quarterly update to see how they did on the longer term time frames.Multiple signals in one direction, "CAN" (that's a disclaimer), be a sign of a change in direction in certain markets or sectors.The "TTM SQUEEZE" is just for information purposes as it's not a signal, it merely alerts you to the possibility of a big move up coming, either higher or lower.The 80 ETF's are based strictly on "Liquidity" (highest volume), there are no leveraged funds with the exception of XIV and VXX, there are no inverse funds, and I try not to double up on similar funds or asset classes, although most of the "major" indexes are basically the same. There are seven markets that average less than 100K shares a day, five are Country ETF's which I include for obvious reasons, EIS as it would signal a new war in the middle east first, EIRL, IDX, EWK, EPU, one currency, FXF, which is the Swiss Franc, and GCC is a commodity fund.NOTE: This the last week for the systems as you see them below, I will be eliminating some of the worst performers and bringing new WORSE performers, hahahahaha, when I started doing this it was to show that the standard systems in TOS "DON'T" work, well, some of them do, in fact, one system worked 78% of the time, that was the WEEKLY 8/21 EMA cross to the UPSIDE, well, guess what, the markets went UP this past year, right?! So it should stinking work, but when I go back 20 plus years years it loses stinking money out the ying yang, but a 8/21 SIMPLE cross with buys and sells works great, so go figure, I would have never guessed it. 11 of the 26 various signals on the various time frames had winning percentages of UNDER 50%, so they will be gone, and new UNDER 50% will be added, hahahahahaha (haha means I'm just kidding), but of course I will go by the winning percentage when I combine BOTH the buy and sell sides, so I have a lot of work to do.Daily signals last week:PPS BUY SIGNAL: 100% winners.PPS SELL SIGNAL: 100% LOSERSMACD Histogram buy signal: 100% winners4 Hour MACD buy signal: NONEMACD Histogram sell signal: 100% LOSERS.4 Hour MACD sell signal: 100% LOSERS.Positive ROC(13) Cross:  50% winners,Negative ROC(13) Cross: 100% LOSERS.Close above T-Line, 8 EMA: 100% winners.Close below T-Line: 100% losersHULL MA(21) changed to green: 100% LOSERS. HULL MA(21) changed to RED: 100% LOSERS. The multiple buy signals were NONE.The multiple sell signals were 100% LOSERS.Here's the DAILY signals for this week:PPS buy signal for Monday: UNGPPS sell signal for Monday: BND, GCCPositive MACD Histogram Cross: DIA, VXX       "     4 HOUR MACD Cross: NONE                                                  Negative MACD Histogram Cross: NONE        "     4 Hour MACD Cross: TLT, XMEPositive ROC(13) Cross: NONENegative ROC(13) Cross: NONE8 EMA CLOSED ABOVE 21 EMA: NONE8 EMA CLOSED BELOW 21 EMA: NONEHULL MA(21) changed to green: NONEHULL MA(21) changed to RED: NONE"TTM SQUEEZE" : NONEMultiple buy signals: NONE, ZERO, NADA, ZILCHMultiple SELL signals: NONE, ZERO, NADA, ZILCH (ALTHOUGH, you, "COULD", say, that BND and TLT are the same things)NOTES:It was feast (as in "LONG"), or it was famine (as in "SHORT"), but, unfortunately, we had 10 LONG s[...]



WEEKLY WRAP UP FOR 15/5/2018

2018-01-05T17:05:57.233-07:00

(click on image for larger view, I hope)Last week I talked about the SPY, DIA and IWM putting, and that the FED would simply crush any one stupid enough to short them, hahahahahaha, god, what a bunch of crap, but, wad ever. One thing that might be of an extremely minor distraction is neither the $NYSI nor $NASI are reacting very much to all this RECORD action going on, I mean, it probably means nothing, but I thought I'd mention it. (NOTE: A cross of the 20/50 sma is NOT a trading "strategy", I merely use it for breath comparison purposes to provide continuity, this is the standard set up by StockCharts.com)I'm really surprised, we still have FOUR of my major markets on sell signals, 20sma under 50sma, only they changed a little this week, the IYR joined the $CRB, GLD, and $USD in the sell party,  while the VWO was a party pooper and just exploded to the upside in a new buy signal, it's gained about 7.5% the last 11 days, about the average YEARLY gain in the SPX. The same four Bullish Percent indexes remain on sell signals, the $BPMATE, $BPINFO, $BPENER and $BPGDM, the $BPMATE is the closet that might get back to a buy signal next week, the $BPENER also has a possibility of doing that.The XLU remains the only sector on a sell signal. My 81 markets I keep track of were setting records this week just like the major indexes, 76 markets closed higher on the week, a new record, however, none of my majors made the first page, although I did harp on OIL for weeks and it rewarded this week with a 7.60% gain to be the big winner, but I might be a little careful here about a new positon:It's made an "Equal Move" scenario on the break out above the inverse H and S right up into prior resistance from last May, I mean, don't get me wrong, it certainly hasn't made a totally stupid move like some of the other indexes, like the DIA, but I'm just saying it's "there". A perfect scenario would bbe for it to pull back and test the break out of the inverse H and S.The only sector that made the first page was the SMH, our majors started on page two with the NasDOGS in 30th spot, QQQ up 3.31% on the week, then SPY in 56th at 2.07%, DIA at 1.85%, and the little guys brought up the rear, IWM up a paltry .69%. Of course, when Da Boyz get done with their stupidness in the big boys the IWM will be the big rotation trade, I'm just guessing on that.We set a new record with the number of markets closing on 20 day highs at  52,  AND, we had a new record on the Turtle trade as all 32 of the 20 day highs from last week closed higher this week, EVERY STINKING ONE OF THEM, the worst performer was FXE at .78%. We even got a very unusual winning rate from last week on the 20 day lows, 66%, as only EWP was higher. Only two closed on lows this week, IYR and XLU, both a little sensitive to interest rates, as the ten year yield rose 2.95% last week to 2.476%. Here's another record , only five markets were lower on the week, and I have to say that interest rates way up with the UUP lower is a complete peice of BS, but it's nothing unusual in this FED fed market. Hey, AA wasn't the leader this week in the SP 500, SCG was but that's the last you will hear of it as it was a buy out, so AAP was the actual winner, I see a lot of energy names on there, wonderful, that's just was consumers need is higher gas prices, I also don't think those two names at the bottom would be helped out all that much either, UPS and FDX.Here's the losers, only 132 were LOWER on the week, which, actually, I'm surprised ANY were lower, every body's a WINNER, yes sir ree, step right up folks, every body's a winner ...............[...]



TOS Buy/Sell scan results for week of 12/29/2017 and the new picks for the coming week

2017-12-31T08:04:29.928-07:00

These are TOS scans of my 80 ETF markets with some of the typical trading strategies available in the Think or Swim scanner, these are NOT recommendations to buy or sell, simply weekly testing of these various strategies to prove they are complete BS or, some times, actually work. The signal day, of course, is based on probably the worst day of the week, Friday, but I use that to give me time on the weekend to update.The daily signals are best for the one week of results while the Weekly signals should probably be considered longer term swing trades, I, MAY, do like a monthly or quarterly update to see how they did on the longer term time frames.Multiple signals in one direction, "CAN" (that's a disclaimer), be a sign of a change in direction in certain markets or sectors.The "TTM SQUEEZE" is just for information purposes as it's not a signal, it merely alerts you to the possibility of a big move up coming, either higher or lower.The 80 ETF's are based strictly on "Liquidity" (highest volume), there are no leveraged funds with the exception of XIV and VXX, there are no inverse funds, and I try not to double up on similar funds or asset classes, although most of the "major" indexes are basically the same. There are seven markets that average less than 100K shares a day, five are Country ETF's which I include for obvious reasons, EIS as it would signal a new war in the middle east first, EIRL, IDX, EWK, EPU, one currency, FXF, which is the Swiss Franc, and GCC is a commodity fund.Daily signals last week:PPS BUY SIGNAL: 83% winners.PPS SELL SIGNAL: 50% winnersMACD Histogram buy signal: 100% winners4 Hour MACD buy signal: 83% winnersMACD Histogram sell signal: 100% winners.4 Hour MACD sell signal: 100% winners.Positive ROC(13) Cross:  100% winners,Negative ROC(13) Cross: None.Close above T-Line, 8 EMA: 100% winners.Close below T-Line: 100% losersHULL MA(21) changed to green: 100% winners. HULL MA(21) changed to RED: 66% winners.. The multiple buy signals were 100% winners.The multiple sell signals were 100% winners.Here's the DAILY signals for this week:PPS buy signal for Monday: EWWPPS sell signal for Monday: EWI, EZU, IWM, IYT, SPY, XLY, XRTPositive MACD Histogram Cross: EWH, EWT       "     4 HOUR MACD Cross: NONE                                                  Negative MACD Histogram Cross: EWQ, IWM, IYT, SMH, XHB, XIV        "     4 Hour MACD Cross: ACWI, EWI, EZU, USO, VWOPositive ROC(13) Cross: BND, EGPT, EWK, TLTNegative ROC(13) Cross: EWO, EWG, EWQ, QQQ, SMH, XLF, XLK, XLV8 EMA CLOSED ABOVE 21 EMA:AAXJ8 EMA CLOSED BELOW 21 EMA: EZUHULL MA(21) changed to green: TLT, VXXHULL MA(21) changed to RED: DIA, SMH, SPY, XIV, XLP"TTM SQUEEZE" : NONEMultiple buy signals: NONE, ZERO, NADA, ZILCHMultiple SELL signals: EWI, EWQ, EZU, IWM, IYT, SMH, SPY, XIVNOTES:One hell of a good week, more than making up for the disaster last week, well, until we hit the SELL SIGNALS on the weekly charts, wooo weeee, thank god there was no signals on the T-line .....The multiple sell signals on the IWM, IYT, SMH, SPY and XIV kind of reiterate what I said on the weekly update in the post below. There were single sell signals in QQQ and XLK, and since they are basically the same, that "could" count as a multiple sell signal, add the single sell on DIA and that's a LOT of sell signals on the major indexes.Weekly signals last week:PPS BUY SIGNAL: 100% winners.PPS SELL SIGNAL: 100% losers.MACD Histogram buy signal: 100% winners.MACD Histogram sell signal: 100% losersPositive ROC: 100% winnersNegative ROC(13) Cross:  100% losersClose above T-Line: 100% winners.Close below T-Line: None.HULL MA(21) changed to green: 87.5% winners.HULL MA(21) changed to RED: 83% lose[...]



DOOM, DOOOOOOOOMMMMMMMMMMMMMMMMMM!!

2017-12-31T05:34:25.328-07:00

I'm sooooooo happy, happy that the SP 500 went past the Shiller P/E ratio of the 1929 collaspe, I mean, woooooo hoooooo, this is now truly the SECOND most over valued piece of shit stock market in the entire history of mankind .............. well, at least going back to 1881. But, Ya know, we ALL know this, right? RIGHT?? Well, evidently every one accept the FEDERAL RESERVE!!! God, what a bunch of dumb shits, sigh ...............Ok, so here's my thesis for the coming year, now, YA KNOW, last year the scare mongers were out in force with their DIRE PREDICTIONS about stock market returns of years that end in SEVEN, so, YA KNOW, when there's so much yelling and screaming about some thing so obvious, it's just as obviously NOT going to happen, so it didn't, the market had another great year, but THIS coming year, I haven't heard shit about investing in years that end in EIGHT, sssooooooooooooo, that CAN'T be good ......... So, I don't care about what the market returned, I care about the DRAW DOWN we had during the year, which, for the past 7 or 8 years it wasn't called a draw down, it was called a BTFD, or the buying opportunity of a life time, or wad ever ........So, luckily, good Ole Ed Yardeni just happens to have the draw downs in the SP 500 on his site, going back to 1928:https://www.yardeni.com/pub/sp500corrbeartables.pdfSo, Ya know, I do stuff on this blog for ME, I don't care about any one else, so the following is going to be LONG and BORING, so read it at your own risk.So, the first thing that stands out to me is that since 1927 there's only been four times, or 21% of the time, that the market had a negative return, and those years were all recession years, 37', 57', 77, 08', and three of those were "7" years, so since 1927 there's only been ONE "8" year that was negative. There's only been three times prior to 2017 that there were zero draw downs, in the following, starting in 28', the market gained 43.81% with a 10.3% draw down, in 1959 it gained 4.3% with a 13.6% draw down, in 1989 the market gained 18.9% with a draw down of ZERO, so it had back to back ZERO draw down years in 88' and 89', but that led to the 1990 recession and TWO draw downs during the year of 10 and 20 percent.You should buy hand over fist if we are lucky enough to have a NEGATIVE year, the returns following those four negative years averaged 24.52%. You should "probably" buy if we are lucky enough to get at least a 30% draw down during the year. Since 1927 we've only had 12 years when that happened, and with the exception of 1930 there were only two years where the draw down was over 50%, the market gained 17.5% in 38' after the 37' draw down, but of course in 08', following the 56.8% draw down in 07', we lost 36.55%, hence my losses in 08' as that was a one off peice of shit that happens once in several generations, SIGH!Here's the other 30% or more draw down years, the right hand column is the return in the year following the draw down, not particularly encouraging, if you look at 29' to 34' you had two gains of 112%, which beat the 83% down years, the 27% loss in 74' was followed by a 38% gain in 75', one thing that's always bugged me was it took 24 years for the "GREAT DEPRESSION" to get back over it's high before 1929, while it only took five plus years for the "GREAT RECESSION" to over come the October 2007 highs. Another thing that bugs me is that the 2001 and 2008 "recessions" weren't recessions at all, they were just WALL STREET bull shit recessions, as housing continued gang busters through the 2001 down turn which NEVER happened in prior recessions, and of course 08' was all Wall Street as the crooked banks got what they deserved (which of course was a $700 BILLION dollar bail tax payer bail out thanks to the former CEO of GS, Hanky Panky Paulson, sigh). I've decided I've lost my way, it's to damn early in the morning[...]



WEEKLY WRAP UP FOR 12/29/2017

2017-12-30T06:56:04.519-07:00

(click on image for larger view, I hope)The SPY, DIA and IWM put on horrendous looking bearish engulfing bars on Friday, on increasing volume, the NasDOGS, QQQ, couldn't gap above Thursdays close so they don't have one. The SPY also got SELL signals on the RSI, MACD and STOCH, which in days of Yore would probably result in 50% losses in the major indexes, but in the days of NOW the stinking FED will simply print fake digital money and squeeze the shit out of any one stupid enough to short it. Even more ominious is that "they" sold the shit out of the NQ futures after the close, down 25 points from where the red arrow is, I noticed it because the NQ was showing a drop of .95% for the day while the QQQ's were "only" down .62%, the SP 500 basically doubled it's losses after the close, with the ES closing down .65% while the SPY was down "only" .38% on the day. Maybe there was a dividend after the close?? OR, just maybe, Da Boyz know that AAPL is going to declare BK over the weekend, hahahahahahahahahaha ................ maybe they are selling futures as a hedge against possible tax loss selling??(NOTE: A cross of the 20/50 sma is NOT a trading "strategy", I merely use it for breath comparison purposes to provide continuity, this is the standard set up by StockCharts.com)The same four as last week remained on sell signals, $CRB, GLD, $USD and VWO, 20sma under 50sma, the VWO was only 3 cents from a new buy signal so the FED will undoubtedly take care of THAT early next week. "The all important Bullish Percent indexes" dropped back to four that are still on sell signals, the $BPCOMPQ managed to go back to a buy signal.The XLU is the only sector on a new sell signal. We moved down to 57 of my 81 markets being higher on the week, vs 59 last week, in a huge surprise the SLV was the beeg wiener this week, wow, I don't ever remember that happening, it was a good week for all commodities with USO, XME, DBC, GLD, GDX, GCC all making the first page, commodity producing countries also made the first page like EPU, ECH, EWM, EWZ and RSX.TLT was our best performing major this week, up 1.81%, in fact, it was our ONLY major market higher on the week.We had 32 markets close on 20 day highs this week vs 7 last week,and all seven were higher on the week, so it was a complete turn around for the Turtles from that lousy week last week. , it was actually a lousy week for the 10 from last week as only 4 closed higher on the week, not a very good performance for the Turtles trading strat. Three closed on 20 day lows vs four last week, EWP, VXX and UUP,  EWP was the only continuation and winner from last week. Our BEST major was on the second page of the LOSERS, DIA down only .11% on the week, the it was the SPY at -.27%, the IWM at -.66%, with the NasDOGS being the big losers, QQQ down 1.14%, I mean, thank god for the SANTA rally or the indexes might have done bad, hahahahahahahaha, the SMH being the second worst explains a large part of the poor QQQ performance ....................Banks were the big losers, KRE was the worst at -2.19%, XLF was -.78%, as the ten year yield dropped 3.22% on the week, that didn't help the dollar either. All I heard the MSM bloviating about was how great consumer spending and confidence were, and yet I see XRT was down .46%, I guess the FED demand they do nothing but talk the happy talk. This is the second week in a row that AA led the winners in the SP 500 this week, I have no idea why, I see FCX there in sixth spot, another no idea why thing, China is in a slow down from what I hear, oh well, wad ever ................Here's the losers, 264 were LOWER on the week, first time in a while that the losers out numbered the winners, MU explained why the SMH was down on the week, the word on the street is that the DRAM and flash commodities have PEAKED for this cy[...]



YEAR END WRAP UP IN MY 81 MARKETS FOR 2017

2017-12-29T15:33:58.842-07:00

Here's the yearly futures results from Finviz, the best stock major index was the NasDOGS, up32.9%, it was then the DJIA, SPX and RUT, the EURO was up 13.94% while the dollar was down 10.06%, the lower dollar helped Gold finish up on the year 12.76%, Silver was up only 5.64%, bonds and thus interest rates were pretty flat. Here's the winners oin my 81 markets, XIV was the big winner but even better it out perfomed it's counter part VXX, up 192.56% vs down 73.08, it would not surprise me that if the markets had finished lower on the year that stinking VXX would have also. Only one of our majors made the first page, the QQQ, our best sector or industry was SMH, up 37.8%:It's actually one of the better winners charts as it's pulled back to a lower USTL, upward sloping trend line, and sets up a very tight stop should you decide you like it LONG, as your stop would be just under the USTL. It doesn't matter if you like the equal weight SP 500, the SPY for the Vanguard total stock market, they all look the same, an accelerating USTL channel, with a rsing wedge inside of the channel, RSP and SPY are sitting right on the wedge while the VTI has broken it to the down side. The DIA look completely different, it's been getting parabolic since August, and has been accelerating since April, I mean, correcct me if I'm wrong but isn't this the stoogie old INDU index? Acting like a DOT.COMMER from 2000?? I'm probably WRONG, as I usually am, but when these correct they "usually" take back about 50% of the run up, so we "may" be looking at the gap fill around $230. The little guys look a little different as well, it's stalled just under the prior high and has a couple of bearish rising wedge looks to it, it wouldn't surprise me if it just takes off higher next week as the IWM "usually" out performs in January, but I'd keep those Wedgies in mind. There was only nine loser's for the whole year in those 81 markets, and the one I have been talking about for the last three weeks in right there in the two spot, OIH, still waiting for the break out in the INVERSE head and shoulders above $26, commodities are the word for the losers with DBA, GCC, IGE all losers and USO up only 2.13%, maybe they end up being the big winners next year with all the dreamers talking about the WORLD WIDE ECONOMIC BOOM!!!!Here's the winners in the SP 500 for the year, I have nothing to say other than they seem to cover a large spectrum of sectors ......And here's the losers, I have nothing to say about them either, well, accept for ONE stock, my main thought is that if we actually are going to get a pull back you defintely DON'T want to be buying the weak stocks.Here's that ONE stock, GE, now that we've gotten rid of that stinking former CEO whose main claim to fame was to halve the stock price of one of the best companies in the World, AND, get it invovled in just about the WORST stinking thing I can imagine, French F**KING LABOR UNIONS, sigh!! I'm tellin ya, EVENTUALLY, those unions will try and take them out so they can buy their company back themselves, wad ever ...I'm hoping the new guy can do a LOT better, as ANY better wouldn't be hard to do, it has huge support down at $14, and it sure looks like it's on a non stop trip to get there! I'll probably start a position at that point, but keep in mind that during the 08' melt down it got down in the $8 "area". [...]



TOS Buy/Sell scan results for week of 12/22/2017 and the new picks for the coming week

2017-12-23T08:53:14.300-07:00

These are TOS scans of my 80 ETF markets with some of the typical trading strategies available in the Think or Swim scanner, these are NOT recommendations to buy or sell, simply weekly testing of these various strategies to prove they are complete BS or, some times, actually work. The signal day, of course, is based on probably the worst day of the week, Friday, but I use that to give me time on the weekend to update.The daily signals are best for the one week of results while the Weekly signals should probably be considered longer term swing trades, I, MAY, do like a monthly or quarterly update to see how they did on the longer term time frames.Multiple signals in one direction, "CAN" (that's a disclaimer), be a sign of a change in direction in certain markets or sectors.The "TTM SQUEEZE" is just for information purposes as it's not a signal, it merely alerts you to the possibility of a big move up coming, either higher or lower.The 80 ETF's are based strictly on "Liquidity" (highest volume), there are no leveraged funds with the exception of XIV and VXX, there are no inverse funds, and I try not to double up on similar funds or asset classes, although most of the "major" indexes are basically the same. There are seven markets that average less than 100K shares a day, five are Country ETF's which I include for obvious reasons, EIS as it would signal a new war in the middle east first, EIRL, IDX, EWK, EPU, one currency, FXF, which is the Swiss Franc, and GCC is a commodity fund.Daily signals last week:PPS BUY SIGNAL: 60% winners.PPS SELL SIGNAL: 75% losersMACD Histogram buy signal: 60% losers4 Hour MACD buy signal: 66% losersMACD Histogram sell signal: 62% losers.4 Hour MACD sell signal: 100% losers.Positive ROC(13) Cross:  100% losers,Negative ROC(13) Cross: 83% losers.Close above T-Line, 8 EMA: None.Close below T-Line: 100% losersHULL MA(21) changed to green: 60% losers. HULL MA(21) changed to RED: 87% losers.. The multiple buy signals were 80% losers.The multiple sell signals were 71% losers.Here's the DAILY signals for this week:PPS buy signal for Monday: AAXJ, EEM, EPHE, EWD, IDX, THDPPS sell signal for Monday: FXF, XLKPositive MACD Histogram Cross: EEM, EPU, FXI, IDX       "     4 HOUR MACD Cross: EWI, EWT, FXI, IDX, JNK, TLT                                                  Negative MACD Histogram Cross: EWG, VTI, XLV        "     4 Hour MACD Cross: XLYPositive ROC(13) Cross: EPU, EWC, EWQ, FXI, GLD, SLVNegative ROC(13) Cross: NONE8 EMA CLOSED ABOVE 21 EMA: DBC, GDX8 EMA CLOSED BELOW 21 EMA: FXFHULL MA(21) changed to green: IDXHULL MA(21) changed to RED: EGPT, EWA, XLV"TTM SQUEEZE" : EWZMultiple buy signals: EEM, EPU, FXI, IDX, GDX & GLD??Multiple SELL signals: XLVNOTES:This is the same chart of OIH from three weeks ago showing the inverse H and S with a trigger price of over $26 and a target of $30:Here's the updated chart, nasty little sucker.It gapped down under $24 on Monday, breaking the lower trend line, and in the new paradigm of "failed" patterns it went straight up for four days, back to a down sloping trend line and under the $26 trigger, it had increasing volume which is good, but I notice it did that the last two times it went up to that trend line, and then promptly failed.I only mention it because it showed up on multiple buy signals on the weekly charts, it has a contracting triangle now, and it's still valid over $26.A 30 year seasonality chart of oil shows oil goes up in December and then down into March, at which point it starts it's run up into the summer driving season.This makes me a little concerned [...]



WEEKLY WRAP UP FOR 12/22/2017

2017-12-22T18:01:21.574-07:00

(click on image for larger view, I hope)The $NASI actually had a little dinky POSITIVE divergence this week, the green lines, which is totally different than what it's been doing. Of course, it still has the huge NEGATIVE divergence on the over all chart .............(NOTE: A cross of the 20/50 sma is NOT a trading "strategy", I merely use it for breath comparison purposes to provide continuity, this is the standard set up by StockCharts.com)The $CRB joined the GLD, $USD and VWO on the sell side, 20sma under 50sma, I have NO IDEA how GOLD and the dollar can both be lower, but I've given up on trying to explain how this FED induced bull shit works. "The all important Bullish Percent indexes" stayed with five that are still on sell signals, , but the $BPCOMPQ closed only TWO CENTS from a new buy signal and the $BPMATE is 12 cents away.EVERY SINGLE SECTOR ON BUY SIGNALS, although the XLU is only 3 cents away from a new sell signal. We moved up to 59 of my 81 markets being higher on the week, vs 46 last week, and again, Chile was the hot market for the week, ECH up 9.03%, followed by EPU at 8.64%, then our best sector was XME, up 7.18%, then energy with OIH and XLE, the IGE, as "Traders" were betting that the WORLD WIDE ECONOMIC BOOM will need millions of tons of MORE EXPENSIVE natural resources. MY major, GDX, was up 4.09% on the week, XRT moved up because they figured that people will buy more shit knowing that Wall Street is dollaring down on their tax reform welfare given to them by the Republicrats.  IYT was higher as they need trucks and trains and planes to haul out that stuff, and XHB was up because, well, with the average house costing the most in history Traders figure John Q pulic will just buy the shit out of them, wooooo hooooo!You had to go to page two to find our best major, IWM up .62% in 39th spot, then DIA up .47%, then SPY at .38%, both on the third page, and then, well, that's it .........Only 7 markets closed on 20 day highs this week vs 10 last week, EIDO, EPI, IGE, TUR, XLB, XLE, XME, it was actually a lousy week for the 10 from last week as only 4 closed higher on the week, not a very good performance for the Turtles trading strat. Four closed on 20 day lows vs four last week, all of them furriners as they were EWK, EWP, EWS, and EWW, 2 of the 4 from last week were winners, IE they were down on the week, VXX and XLU.   Our worst sector was XLU, which moved up from the two spot last week, down 4.67%, IYR was in the five spot and TLT seventh, as none of them seemed to like higher interest rates, the dollar was down .65%, because, well, it "USUALLY" goes UP on higher interest rates, but like I said, I don't DO the FED induced ahole crap, our worst major made the first page, the NasDOGS, QQQ down a MASSIVE .18% on the week, just horrible, I could just hear the over extened tech buyers screaming about all the margin calls, he he .............Here's the beeg wieners in the SP 500 this week, and AA is the big one, up 17% on a couple of ANAL-lyst upgrades and a positive Barrons article, citing some one's $55 price target. Like I've mentioned before, I traded the heck out of this thing back when it was the only company and $8 with an 8 P/E, but since the split I have no idea what it is or why it should be trading at $50 with a 34 P/EHere's the losers, 285 were HIGHER on the week vs 261 last week, at least that number improved, hhhhhmmmm, I can't really see a "THEME" in those stocks, in fact, I'm totally stoked that ANY THING is lower, what with that Corporate Welfare package .................[...]



TOS Buy/Sell scan results for week of 12/15/2017 and the new picks for the coming week

2017-12-16T10:51:18.941-07:00

These are TOS scans of my 80 ETF markets with some of the typical trading strategies available in the Think or Swim scanner, these are NOT recommendations to buy or sell, simply weekly testing of these various strategies to prove they are complete BS or, some times, actually work. The signal day, of course, is based on probably the worst day of the week, Friday, but I use that to give me time on the weekend to update.The daily signals are best for the one week of results while the Weekly signals should probably be considered longer term swing trades, I, MAY, do like a monthly or quarterly update to see how they did on the longer term time frames.Multiple signals in one direction, "CAN" (that's a disclaimer), be a sign of a change in direction in certain markets or sectors.The "TTM SQUEEZE" is just for information purposes as it's not a signal, it merely alerts you to the possibility of a big move up coming, either higher or lower.The 80 ETF's are based strictly on "Liquidity" (highest volume), there are no leveraged funds with the exception of XIV and VXX, there are no inverse funds, and I try not to double up on similar funds or asset classes, although most of the "major" indexes are basically the same. There are seven markets that average less than 100K shares a day, five are Country ETF's which I include for obvious reasons, EIS as it would signal a new war in the middle east first, EIRL, IDX, EWK, EPU, one currency, FXF, which is the Swiss Franc, and GCC is a commodity fund.Daily signals last week:PPS BUY SIGNAL: 60% winners.PPS SELL SIGNAL: NoneMACD Histogram buy signal: 57% winners4 Hour MACD buy signal: 60% losers, but a 8.47% winner in ECH.MACD Histogram sell signal: 100% winners, big winner of 7% in VXX.4 Hour MACD sell signal: None.Positive ROC(13) Cross:  66% losers,Negative ROC(13) Cross: 100% winner.Close above T-Line, 8 EMA: 80% winners.Close below T-Line: 80% losersHULL MA(21) changed to green: 100% winners, XIV was up 7.2%. HULL MA(21) changed to RED: 100% winner with VXX. The multiple buy signals were 62% Winners.The multiple sell signals were 100% winners..Here's the DAILY signals for this week:PPS buy signal for Monday: ACWI, VTI, GLD, SMH, EZAPPS sell signal for Monday: EWC, EUFN, XLE, EWSPositive MACD Histogram Cross: IYR, QQQ, XLK, ILF, GDX       "     4 HOUR MACD Cross: EIRL, XLK, XLV                                                  Negative MACD Histogram Cross: EGPT, EWC, EWD, EWP, JNK, OIH, RSP, XRT        "     4 Hour MACD Cross: EWC, EWNPositive ROC(13) Cross: IYR, QQQNegative ROC(13) Cross: EWC, EWJ, EWL, EWS, VGK, XLB8 EMA CLOSED ABOVE 21 EMA: NONE8 EMA CLOSED BELOW 21 EMA: EWI, EWQ, EZUHULL MA(21) changed to green: EIS, EWH, EWT, GDX, SMHHULL MA(21) changed to RED: EGPT, IGE, IYT, OIH, RSP, VGK, XLE, XLF"TTM SQUEEZE" : IWM, USOMultiple buy signals: GDX, IYR, QQQ, SMH, XLKMultiple SELL signals: EGPT, EWC, EWS, OIH, RSP, VGK, XLENOTES:This is the same chart of OIH from two weeks ago, it has pulled back to the lower boundry line, so, despite having multiple sell signals on the systems, the inverse H and S is still valid over $26, but if it breaks that lower boundry line next week the pattern is done. TUR and XBI have regular Head and Shoulders paterns working.The "Systems" had a very good week, although probably not good enough to make up for the horrible week last week.Both the QQQ and XLK had multiple "BUY" signals, I don't "DO" indexes any more, but if you bought these when they were $20 back in 2010 I certainly see no reason not to continue to hold. As far as a [...]



WEEKLY WRAP UP FOR 12/15/2017

2017-12-15T16:45:29.196-07:00

(click on image for larger view, I hope)The $NASI actually rolled over again, to kind of give it a double divergent look, hahahahaha, I obviously think it's hilarious ......(NOTE: A cross of the 20/50 sma is NOT a trading "strategy", I merely use it for breath comparison purposes to provide continuity, this is the standard set up by StockCharts.com)We stayed at three of my 12 major markets on sell signals, 20sma under 50sma, but we had a change, the $TRAN joined the ranks of the buys, and GLD and $USD were joined by VWO on the sell side. "The all important Bullish Percent indexes" stayed with five that are still on sell signals, but they changed a little again, this week the $BPNYA $BPINDY went to buy signals, while $BPMATE and $BPINFO joined $BPENER, $BPCOMPQ and $BPGDM on sell.XLV and XME went to buy signals this week, XME by a whooping 3 cents, to make EVERY SINGLE SECTOR ON BUY SIGNALS. 46 of my 81 markets were higher on the week, again, ECH was the winner followed by XIV, AMLP finally got off of it's butt and went higher along with EWA, our best major showed up on the first page this week, QQQ up 1.91%, then you had to go to the bottom of the page for number two, DIA up 1.08%, then IWM at .55%, with the SPY bringing up the rear, up .38% for the week, all of it on Friday, TLT made the first page, up 1.31% as people were fleeing into the safety of bonds, eeeerr, that can't be right ........ both GDX and SLV both made the first page as people were fleeing into the safety of PM's, eeeeeerrrr, that can't be right ..................Only 10 markets closed on 20 day highs this week vs 7 last week, I say only because I thought there would be a lot more, EIRIL, VTI, IWF, THD, OEF, TLT, EIS, QQQ, EWM, and XIVand EIRL are repeats from last week, five of the seven from last week were higher on the week with only EWI and XRT lower. Four closed on 20 day lows vs three last week, EPU, EWD, VXX and XLU, VXX was a hold over from last week and joined the other two, XLE and DBA, as lower on the week. All foreign stuff were the winners of the losers this week, our worst sector was XBI, then XLU and XRT, oil had a bad week with OIH, XLE, and DBC on the list, I honestly have no idea why XHB and XLU are down as the ten year yield was LOWER on the week, the entire materials sector was lower in XLB. Here's the beeg wieners in the SP 500 this week, and ...........Here's the losers, only 261 were HIGHER on the week, not a very impresive performance at all .................[...]



TOS Buy/Sell scan results for week of 12/8/2017 and the new picks for the coming week

2017-12-09T03:30:37.407-07:00

These are TOS scans of my 80 ETF markets with some of the typical trading strategies available in the Think or Swim scanner, these are NOT recommendations to buy or sell, simply weekly testing of these various strategies to prove they are complete BS or, some times, actually work. The signal day, of course, is based on probably the worst day of the week, Friday, but I use that to give me time on the weekend to update.The daily signals are best for the one week of results while the Weekly signals should probably be considered longer term swing trades, I, MAY, do like a monthly or quarterly update to see how they did on the longer term time frames.Multiple signals in one direction, "CAN" (that's a disclaimer), be a sign of a change in direction in certain markets or sectors.The "TTM SQUEEZE" is just for information purposes as it's not a signal, it merely alerts you to the possibility of a big move up coming, either higher or lower.The 80 ETF's are based strictly on "Liquidity" (highest volume), there are no leveraged funds with the exception of XIV and VXX, there are no inverse funds, and I try not to double up on similar funds or asset classes, although most of the "major" indexes are basically the same. There are seven markets that average less than 100K shares a day, five are Country ETF's which I include for obvious reasons, EIS as it would signal a new war in the middle east first, EIRL, IDX, EWK, EPU, one currency, FXF, which is the Swiss Franc, and GCC is a commodity fund.Daily signals last week:PPS BUY SIGNAL: 100% lsoers, BIG LOSERS, never, EVER, but VXX.PPS SELL SIGNAL: 71% losers,what a great start to this week, sigh ...MACD Histogram buy signal: 100% losers4 Hour MACD buy signal: Thank god there were no signals.MACD Histogram sell signal: Closer, 60% losers.4 Hour MACD sell signal: Getting worse again, 66% losers.Positive ROC(13) Cross:  100% losers,Negative ROC(13) Cross: 100% losersClose above T-Line, 8 EMA: 100%, LOSERS, sigh ..........Close below T-Line: 80% losersHULL MA(21) changed to green: None HULL MA(21) changed to RED: Yaaaayyy, 50%, double sigh .....The multiple buy signals were, sigh, 100% losers.The multiple sell signals were 66% losers ..Here's the DAILY signals for this week:PPS buy signal for Monday: AAXJ, ACWI, EUFN, EWI, EWJ, EWN, EWP, EWU, EZU, TANPPS sell signal for Monday: NONEPositive MACD Histogram Cross: EUFN, EWN, EZU, IDX, THD, VGK, XIV       "     4 HOUR MACD Cross: ECH, EZU, VGK, XLU, XLV                                                  Negative MACD Histogram Cross: EWZ, VXX        "     4 Hour MACD Cross: NONEPositive ROC(13) Cross: EPI, EWC, EWK, EWW, FXE, FXF, USO, XLK, XLUNegative ROC(13) Cross: UUP8 EMA CLOSED ABOVE 21 EMA: EIDO, EUFN, EWN, IDX, XLK8 EMA CLOSED BELOW 21 EMA: EIDO, IDX, JNK, SMH, VWOHULL MA(21) changed to green: THD, XIVHULL MA(21) changed to RED: VXX"TTM SQUEEZE" : None on the daily but EGPT and EWG on the 4 hourMultiple buy signals: EUFN, EWN, EZU, IDX, THD, VGK, XIV, XLK,Multiple SELL signals: VXXNOTES:This is the same chart of OIH from last week, it didn't have a very good week but it did not break the lower trend line, so, the inverse H and S is still valid over $26.The "Systems" had a horrible, HORRIBLE, week, this after a great week last week, sigh, I'm going to finish up the rest of the year and then do a spread sheet and eliminate the worst performing systems and start on some new ones.I'm trying not to cop out on the systems, but the indexes, like the QQQ above, did have a [...]



WEEKLY WRAP UP FOR 12/8/2017

2017-12-08T16:44:49.547-07:00

(click on image for larger view, I hope)The NasDOGS, some times called the $COMPQ, just made new ATH's and have rolled over, a little, while the $NAAD's mad much, MUCH, MUCH lower highs, and have also rolled over. This is called a DI-VER-GENCE, and in the days of Yore, before Central Banks around the world abandoned any pretense of free markets and began buying bonds AND equities, this was not a good sign. But, of course, NOW, it's a GREAT sign, as the CB's will simply print more worthless digital money and buy MORE of the stuff they've been buying. (NOTE: A cross of the 20/50 sma is NOT a trading "strategy", I merely use it for breath comparison purposes to provide continuity, this is the standard set up by StockCharts.com)We moved to three of my 12 major markets on sell signals, 20sma under 50sma, from two last week,  the $TRAN and GLD were joined by the dollar, .  The IWM continues to pull out miracle save after miracle save and is still on buy, while the VWO closed the week ONE CENT above a sell signal. "The all important Bullish Percent indexes" stayed with five that are still on sell signals, but they changed a little, $BPDISC and $BPHEAL went to new buy signals, while $BPENER and  $BPINDY joined $BPNYA, $BPCOMPQ, $BPGDM on sell.XLV and XME remained on sell this week, while XLI went on a new buy signal by 18 cents, while the XLE TRIED to joined the $BPENER on sell but, atlas, could not, it's EXACTLY nuetral, dead flat, either way it moves on Monday will be the new signal. 44 of my 81 markets were higher on the week, not exactly the barn busting up week I thought we had, these are the winners of this non-buster, XIV was the winner, I usually don't mention it but I just want to say that I don't because it and the VXX are just wild ass things that I don't even watch for fear of losing money in a position I don't have, hahahahaha, but you will notice they tend to lead a lot of the time. TUR was the real leader, up 6.03% as I can only imagine Erdogan jailed or shot more of his opponents.None of our majors showed up on the first page but retail was our big sector winner, XRT up 3.24%, the big boys were our major winner, DIA up a massive .48%, followed by SPY at .40%, then the NasDOGS, QQQ up .18%, with the little guys not even showing up on this list. Pretty anemic week for all the yelling and screaming I heard.Seven markets closed on the 20 day highs this week vs 5 last week, XIV, XRT, XME, EIRL, EWI, THD, and EIS, EIS and XME were the only carry overs from last week, four of the five from last week were higher on the week, FXF being the only loser down 1.63%. Only three closed on 20 day lows, DBA,VXX and XLE, four of the seven from last week were down on the week with SLV the big winner, eeeerrrr, loser, down 3.67%. SLV would have been the big loser if it hadn't been for good ole reliable VXX, with the dollar higher commodities made a good showing this week, eeerrr, well, I mean they were well represented on the losers page, EPU and ECH are both heavy on commodities so they were in third and sixth spot. Our major loser, IWM, was in 17th down 1.05% on the week, which surprises me becauase I think every stinking ANAL-lyst in the world says the little guys will be the sector to be in in 2018. I guess the markets makers are being nice and letting us have a better entry into them before the start of the year, right?Here's the beeg wieners in the SP 500 this week, and ...........Here's the losers, I will NOT be trying to bottom fish any losers until after the year end, it COULD be tax selling as the fundies unload their big losers and make them disappear off their statement[...]



TOS Buy/Sell scan results for week of 12/1/2017 and the new picks for the coming week

2017-12-02T07:25:59.618-07:00

These are TOS scans of my 80 ETF markets with some of the typical trading strategies available in the Think or Swim scanner, these are NOT recommendations to buy or sell, simply weekly testing of these various strategies to prove they are complete BS or, some times, actually work. The signal day, of course, is based on probably the worst day of the week, Friday, but I use that to give me time on the weekend to update.The daily signals are best for the one week of results while the Weekly signals should probably be considered longer term swing trades, I, MAY, do like a monthly or quarterly update to see how they did on the longer term time frames.Multiple signals in one direction, "CAN" (that's a disclaimer), be a sign of a change in direction in certain markets or sectors.The "TTM SQUEEZE" is just for information purposes as it's not a signal, it merely alerts you to the possibility of a big move up coming, either higher or lower.The 80 ETF's are based strictly on "Liquidity" (highest volume), there are no leveraged funds with the exception of XIV and VXX, there are no inverse funds, and I try not to double up on similar funds or asset classes, although most of the "major" indexes are basically the same. There are seven markets that average less than 100K shares a day, five are Country ETF's which I include for obvious reasons, EIS as it would signal a new war in the middle east first, EIRL, IDX, EWK, EPU, one currency, FXF, which is the Swiss Franc, and GCC is a commodity fund.Daily signals last week:PPS BUY SIGNAL: 100% winners, both of them.PPS SELL SIGNAL: 100% loser, THD up .3%.MACD Histogram buy signal: 80% losers, I said I didn't like any thing, sigh.4 Hour MACD buy signal: 100% winners, eeerr, winNER, IGE up 2%.MACD Histogram sell signal: NONE thank god .........4 Hour MACD sell signal: 100% winners, EEM and TLT both down on the week, the four hr MACD's out performed the daily.Positive ROC(13) Cross:  60% losers, but better than the MACD.Negative ROC(13) Cross: Yaaaaaayyy, 100% winner's, all eight lower on the week.Close above T-Line, 8 EMA: 100%, LOSERS, sigh ..........Close below T-Line: NONEHULL MA(21) changed to green: Not bad, 70% winners, only EWO, EWP and EGPT were higher on the week. HULL MA(21) changed to RED: NONEThe multiple buy signals were, sigh, 83% losers, only EWP was higher.The multiple sell signals were 100% winners,as in NONE, no signals ..Here's the DAILY signals for this week:PPS buy signal for Monday: EWS, FXF, VXXPPS sell signal for Monday: EWG, EWJ, EWQ, EZA, EZU, JNK, XIVPositive MACD Histogram Cross: IGE, OIH, VXX       "     4 HOUR MACD Cross: NONE                                                  Negative MACD Histogram Cross: BND, EPI, EWG, EWH, ILF        "     4 Hour MACD Cross: EUFN, EWK, EWUPositive ROC(13) Cross: AMLP, EWC, EWZ, GLD, IGE, OIH, XLENegative ROC(13) Cross: EWH8 EMA CLOSED ABOVE 21 EMA: EWC, IGE, OIH, XLE8 EMA CLOSED BELOW 21 EMA: EIDO, IDX, JNK, SMH, VWOHULL MA(21) changed to green: NONEHULL MA(21) changed to RED: EWD, EWZ, QQQ, XLK"TTM SQUEEZE" : EWW, TAN, XLKMultiple buy signals: EWC, IGE, OIH, VXX, XLEMultiple SELL signals: EWG, EWH, JNKOne of the more interesting LONG charts is OIH, XLE looks a little similar but not as clear, it has a some what inverted head and shoulders on it, once above strong resistance at $26 an "Equal Move" scenario puts the target in the $30 "area", there should be seconary resistance around $28 that it needs[...]



WEEKLY AND MONTHLY WRAP UP FOR 12/1/2017

2017-12-01T16:52:58.136-07:00

(click on image for larger view, I hope)(NOTE: A cross of the 20/50 sma is NOT a trading "strategy", I merely use it for breath comparison purposes to provide continuity, this is the standard set up by StockCharts.com)We stayed at two of my 12 major markets on sell signals, 20sma under 50sma, the $TRAN and GLD.  The IWM continues to creepy crawl the 20 just above the 50, just dying to take a turn down into the depths of hell. All the majors put on hellacious long tailed doji's, which, with a gap down on Monday morning, will instantly turn into the dreaded Hanging Man candles, which the FED will just as instantly use to squeeze the shit out of any one stupid enough to do the logical thing and try and short it. "The all important Bullish Percent indexes"  were all over the place this week, and are so bad I can't quite make them out, but it appears that five are still on sell signals, $BPNYA, joined the $BPCOMPQ and $BPDISC, $BPHEAL and $BPGDM, the $BPSTAP moved to a buy signal by 24 cents.The sectors actually, for a change, improved this week, with XLP and XRT going to buy signals, XLI is only 8 cents away from it's own buy signal. My monthly 81 markets are at the top with the weekly below it, as are all of the following. As I've said in the past you just need to notice the large amount of green in the performance boxes, as there are only nine red boxes, IE, Da Boyz all pile into the same markets, until, well, until they don't. Our markets actually did very well this month with eight of the major sectors on the first page, along with our best major, the DIA, up 3.53%, then the little guys right under them at 3.20%, with the SPY down at the bottom of the page at 2.71%, Da Q's were on page two, QQQ up a measly 1.57% for the month. 49 markets finished higher on the month, which I don't consider that great.Banks, transports, oil and retail rocked this week, all in the top five spots, XRT was the worst, up a lousy 4.82%, hahahahaha, XHB and XLI both were over 3% on the week, DIA was the best major at 2.96%, making 83% of that monthly gain this past week, SPY was next at 1.57%, then IWM at 1.37%, and then, well, Da Q's didn't make this list, there were only 34 markets higher on the week.Only five markets closed on the 20 day highs this week vs 24 last week, EIS, FXF, TLT, XLP and XME, and two of those were kind of bond like. 15 of the 24 from last week were down on the week for a 62% LOSING rate, and none of the current ones were on last weeks list. I'm kind of surprised that only seven markets made 20 day lows on Friday vs two last week, AAXJ, EPHE, EWD, FXI, RSX, SLV, SMH, and naturally, the two that were lower last week, UUP and VXX, were higher on the week, UUP by 4 cents but VXX was up 3.76% on the week. I heard a lot of chatter about how the $VIX "predicted" the volatility of Friday by being up for five days in a row WITH the market, hhhhmmmm, I'll reserve my opinion but obviously it would bear a little research.A lot of Foreign stuff and natural resources were on the first page of the loser leader board for the month, one notable was the 1.93% decline in the SMH, as that sector was on fire and was part of the Grandma Yelling statement about NEVER going down in her life time. The SMH was down on the month because they were the winners of the losers this week, losing 6.04%, as inwestors seem to be only semi impressed by the group, there were no majors on the list other than MY majors, like SLV and GDX, of which I'm NOT in and waiting to see how interest rates play out, well, I'm not in other than a few dinky calls.Here's the bee[...]



TOS Buy/Sell scan results for week of 11/24/2017 and the new picks for the coming week

2017-11-24T14:38:10.784-07:00

These are TOS scans of my 80 ETF markets with some of the typical trading strategies available in the Think or Swim scanner, these are NOT recommendations to buy or sell, simply weekly testing of these various strategies to prove they are complete BS or, some times, actually work. The signal day, of course, is based on probably the worst day of the week, Friday, but I use that to give me time on the weekend to update.The daily signals are best for the one week of results while the Weekly signals should probably be considered longer term swing trades, I, MAY, do like a monthly or quarterly update to see how they did on the longer term time frames.Multiple signals in one direction, "CAN" (that's a disclaimer), be a sign of a change in direction in certain markets or sectors.The "TTM SQUEEZE" is just for information purposes as it's not a signal, it merely alerts you to the possibility of a big move up coming, either higher or lower.The 80 ETF's are based strictly on "Liquidity" (highest volume), there are no leveraged funds with the exception of XIV and VXX, there are no inverse funds, and I try not to double up on similar funds or asset classes, although most of the "major" indexes are basically the same. There are seven markets that average less than 100K shares a day, five are Country ETF's which I include for obvious reasons, EIS as it would signal a new war in the middle east first, EIRL, IDX, EWK, EPU, one currency, FXF, which is the Swiss Franc, and GCC is a commodity fund.Daily signals last week:PPS BUY SIGNAL: 91.6%, big winner for the week for a change, out of 12 picks only ECH was loser.PPS SELL SIGNAL: 66% winners, not to bad either, only EWH was higher.MACD Histogram buy signal: 100% winners, AGAIN, even better than the PPS.4 Hour MACD buy signal: Another 100%, both RSX and EPHE higher.MACD Histogram sell signal: Another 100% winner, as there were NO signals last week, hahahaha ......4 Hour MACD sell signal: 100% LOSER'S, but luckily there was only two, DIA and EWN .Positive ROC(13) Cross:  100% winners.Negative ROC(13) Cross: 100% LOSER's, but again, only two signals.Close above T-Line, 8 EMA: 100% winners again, six signals ranging 1% higher in GLD to 4.56% in XRT.Close below T-Line: This was a 66% loser with EWA and EWG higher and the dollar lower.HULL MA(21) changed to green: 100% winners, five signals ranging from .47% in TLT to 7.73% in EZA.HULL MA(21) changed to RED: With the markets flying higher I HIGHLY doubt SMH and TAN were lower, hahahaha, 100% loser's, both were up about 4.5%.The multiple buy signals were 100% winners, ranging from 1% in GLD to 7.73% in EZA.The multiple sell signals were 100% winners, both DIA and EWA higher...Here's the DAILY signals for this week:PPS buy signal for Monday: EWP, XLEPPS sell signal for Monday: THDPositive MACD Histogram Cross: EWC, EWI, EWK, EWN, EWP, EWQ, EZU, SPY USO, VGK       "     4 HOUR MACD Cross: IGE                                                  Negative MACD Histogram Cross: NONE        "     4 Hour MACD Cross: EEM, TLTPositive ROC(13) Cross: DIA, EUFN, EWN, EWP, EWQ, EZU, JNK, VGK, XLB, XLVNegative ROC(13) Cross: DBC, EWA, EWU, GCC, GDX, IDX, ILF, SLV8 EMA CLOSED ABOVE 21 EMA: BND, EWA, EWN, EWQ, VGK8 EMA CLOSED BELOW 21 EMA: NONEHULL MA(21) changed to green: DBC, EGPT, EPHE, EPU, EWC, EWG, EWI, EWO, EWP, EZUHULL MA(21) changed to RED: NONE"TTM SQUEEZE" : NONEMultiple buy[...]



WEEKLY WRAP UP FOR 11/24/2017

2017-11-24T14:20:07.345-07:00

(click on image for larger view, I hope)YAAAAAY, The $NASI actually turned UP this week, look at that MASSIVE move, YAAAAAAY ............. I'm being just a little fiticious here ..............(NOTE: A cross of the 20/50 sma is NOT a trading "strategy", I merely use it for breath comparison purposes to provide continuity, this is the standard set up by StockCharts.com)We moved to two of my 12 major markets on sell signals from three last week, 20sma under 50sma, TLT left the party and left only the $TRAN and GLD on sell. I'd have to guess as I haven't looked yet, but I'd say lower rates was not good for banks. The IWM had an interesting week as it was headed intp the depths of hell and a new SELL signal but some how managed a miracle and turned higher, for the moment. "The all important Bullish Percent indexes"  got worse this week, AGAIN, as another MAJOR, $BPNYA, joined the $BPCOMPQ and $BPDISC, $BPSTAP,  $BPHEAL and $BPGDM on sell, the $BPNYA signal was only by SIX CENTS, but if you remember the NasDOGS were only by NINE cents last week and got WORSE this week, so, like I said then, a sell is a sell is a sell ...............Picking up another sell signal just under scores the kind of hidden weakness in the major markets.The sectors got worse, AGAIN, this week, with XLI joining XLV, XME, XLP and XRT on sell signals. We had some horrendous gains this week in my 81 markets, which in my little mind just under scores the weakness of the internals up above as kind of shocking. The winners were almost all Foreign stuff, USO had a good week again, XME moved 3.68% higher, our best major was there in the 14 spot, IWM up 3.61%, the NasDOGS were in the next spot, QQQ up 2.03%, then SPY 1.29%, then the big dogs brought up the rear, DIA up a measly .95% or about 228% a year .............24 markets closed on 20 day highs this week vs 8 last week, XHB was the only one that repeated from last week, all of the eight from last week were higher this week, they averaged gains of 2.96%, hooo hmmm .............Only two markets closed on 20 day lows, same number as last week, UUP and VXX, EWD from last week was up .76% but TUR was a big winner, down 2.99% on the week as it truely was a Turkey during Turkey week.So there was only SIX markets lower on the week, and, damn, wouldn't you know it but that's one of the few stat's I DON'T keep track of, but I can tell you that it has to be close to the LOWEST number of losers in a week, EVER! Some people would probably say that's GOOD, but I say it's just slightly overly exhuberant, wouldn't you say ..................XLI, which I mentioned last week as a "possible" pull back candidate, had a nice little green candle this week, which sets up your EXACT stop loss, WHICH, if I have to tell you what that is, means you could be in a lot of trouble ............Here's the beeg wieners in the SP 500 this week, just for information purposes ...GE got ripped again this week, down two cents and not on this list, and come on guys, help SIG out a little and buy your lady some jewlery .......[...]



TOS Buy/Sell scan results for week of 11/17/2017 and the new picks for the coming week

2017-11-18T09:00:59.617-07:00

These are TOS scans of my 80 ETF markets with some of the typical trading strategies available in the Think or Swim scanner, these are NOT recommendations to buy or sell, simply weekly testing of these various strategies to prove they are complete BS or, some times, actually work. The signal day, of course, is based on probably the worst day of the week, Friday, but I use that to give me time on the weekend to update.The daily signals are best for the one week of results while the Weekly signals should probably be considered longer term swing trades, I, MAY, do like a monthly or quarterly update to see how they did on the longer term time frames.Multiple signals in one direction, "CAN" (that's a disclaimer), be a sign of a change in direction in certain markets or sectors.The "TTM SQUEEZE" is just for information purposes as it's not a signal, it merely alerts you to the possibility of a big move up coming, either higher or lower.The 80 ETF's are based strictly on "Liquidity" (highest volume), there are no leveraged funds with the exception of XIV and VXX, there are no inverse funds, and I try not to double up on similar funds or asset classes, although most of the "major" indexes are basically the same. There are seven markets that average less than 100K shares a day, five are Country ETF's which I include for obvious reasons, EIS as it would signal a new war in the middle east first, EIRL, IDX, EWK, EPU, one currency, FXF, which is the Swiss Franc, and GCC is a commodity fund.Daily signals last week:PPS BUY SIGNAL: 50%, big winner in XRT.PPS SELL SIGNAL: As I feared last week, with the huge number of sell signals I just knew the FED would be reading this and would make sure any one stupid enough to short against their wishes would be CRUSHED, only 12.5% winners.MACD Histogram buy signal: 100% winners, FXE that is .....4 Hour MACD buy signal: no signalMACD Histogram sell signal: Another crushing, 28.5% winners.4 Hour MACD sell signal: 50% winners, FXI down 1.34%.Positive ROC(13) Cross:  100% winners, XLP that is.Negative ROC(13) Cross: Another rip, athough better at 42.8% winners.Close above T-Line, 8 EMA: NONE.Close below T-Line: Hey, 60% winners, yeaaaaa ....HULL MA(21) changed to green: 100% winners.HULL MA(21) changed to RED: Hey, how bout that, 62.5% winners.The multiple buy signals were 100% winners.The multiple sell signals were horrible, 22% winners.Here's the DAILY signals for this week:PPS buy signal for Monday: ECH, EPI, EWL, EWW, EWZ, FXF, GDX, GLD, ILF, SLV, XIV, XLBPPS sell signal for Monday: EWH, VXX, XLUPositive MACD Histogram Cross: BND, EIDO, EIS, EZA, THD, XHB       "     4 HOUR MACD Cross: EPHE, RSX                                                  Negative MACD Histogram Cross: NONE        "     4 Hour MACD Cross: DIA, EWNPositive ROC(13) Cross: FXF, GCC, GDX, RSXNegative ROC(13) Cross: DIA, EWA8 EMA CLOSED ABOVE 21 EMA: EIDO, EWM, EWT, EZA, GLD, XRT8 EMA CLOSED BELOW 21 EMA: EWA, EWG, UUPHULL MA(21) changed to green: EIS, EZA, IWM, THD, TLTHULL MA(21) changed to RED: SMH, TAN"TTM SQUEEZE" : EWW, IWMMultiple buy signals: EIDO, EZA, GDX, GLD, RSXMultiple SELL signals: DIA, EWANOTES: Last week I said to myself about the QQQ:"So, Waaa Laaaa, we have the "quick" two day sell off the last two days, just like magic! So, this is the buy of a life time, right?? Well, maybe fo[...]



WEEKLY WRAP UP FOR 11/17/2017

2017-11-17T17:23:41.327-07:00

(click on image for larger view, I hope)The $NASI actually ended the week with a positive divergence, it wasn't positive on the day but with the markets down it is a positive divergence by staying FLAT. That wasn't the only positive breath on Friday, this is a partial of my "Market Monitor", the green means it was a positive divergence from the prior day, so the issues UP 4% were more than Thursday, as was the issues DOWN 4% were less than Thursday, there were fewer 52 wk lows and more 20 day highs, on the SP 500 there were more 20 day highs. The NYSE had  a lot of positive divergences on the PSAR and CCI buys and sells, the $NAAD's were loser than Thursday but with a NEGATIVE day they were POSITIVE by 584 issues, that's a VERY unusual stat, the lows were less than Thursday, the SPX A/D line was HIGHER than Thursday, the improving  NYSE CMF was HIGHER and the declining CMF was lower than Thursday. I have no idea if this will help the markets starting on Monday, as the FED likes to see very negative breath readings so they can sucker people into trying to short it and then take it to them, but in the days of Yore pre- central bank manipulations this was a good sign. (NOTE: A cross of the 20/50 sma is NOT a trading "strategy", I merely use it for breath comparison purposes to provide continuity, this is the standard set up by StockCharts.com)We moved to three of my 12 major markets on sell signals from two last week, 20sma under 50sma, the $TRAN joined GLD and TLT, the 20SMA on TLT has turned up and could issue a new buy on Monday or Tuesday, which goes against what every one is saying is RISING interest rates, as my charts say that $TNX and $TYX FELL last week.  "The all important Bullish Percent indexes"  got worse this week, we had our first major in a long time join the $BPDISC, $BPSTAP,  $BPHEAL and $BPGDM on sell, that would be the NasDOGS, as the $BPCOMPQ went on sell by NINE cents, hahahaha, I mean, HEY, a sell is a sell ...............The sectors got worse, AGAIN, this week, with XLV joining XME, XLP and XRT on sell signals, but XRT has two huge green candles on it after Wally World went up 10% by beating last years earnings by TWO STINKING CENTS, and the ANAL-lyst estimates by THREE STINKING CENTS, they beat the revenue estimates because of a 50% rise in ON-LINE sales, so, are they going to take a huge hit and sell their trillions of dollars of stores and go totally ON-LINE to compete with Amazon????Speaking of XRT it was the beeg wiener in my 81 markets this week, up 3.91%, all of it on Thursday and Friday, our best Major showed up on the first page, IWM up  1.28%,  with some of MY majors like GDX in the 15 spot at 1.2%, TLT in the seven spot at 1.85%, SLV was 6th and GLD 10th, the dollar was down on the week which helped the PM's out perform. We were exactly even on the week with 40 markets higher and 40 lower with one dead flat, ACWI. The NasDOGS were the only other positive major, QQQ up .18% for the week. then SPY DOWN .09% and the Big boys bringing up the rear, down .44%.Eight markets closed on 20 day highs this week vs 3 last week,  all three from last week, EWA, EWS and FXI, closed much lower for the week. So naturally with the 20 day HIGHS all losers, the 20 day lows from last week were ALL winners, sigh, that is HIGHER on the week, the only one to finish lower was IYT, and that was only by nine cents.Only two closed on 20 day lows Friday, EWD and TUR.So here's t[...]



TOS Buy/Sell scan results for week of 11/10/2017 and the new picks for the coming week

2017-11-11T09:51:02.242-07:00

These are TOS scans of my 80 ETF markets with some of the typical trading strategies available in the Think or Swim scanner, these are NOT recommendations to buy or sell, simply weekly testing of these various strategies to prove they are complete BS or, some times, actually work. The signal day, of course, is based on probably the worst day of the week, Friday, but I use that to give me time on the weekend to update.The daily signals are best for the one week of results while the Weekly signals should probably be considered longer term swing trades, I, MAY, do like a monthly or quarterly update to see how they did on the longer term time frames.Multiple signals in one direction, "CAN" (that's a disclaimer), be a sign of a change in direction in certain markets or sectors.The "TTM SQUEEZE" is just for information purposes as it's not a signal, it merely alerts you to the possibility of a big move up coming, either higher or lower.The 80 ETF's are based strictly on "Liquidity" (highest volume), there are no leveraged funds with the exception of XIV and VXX, there are no inverse funds, and I try not to double up on similar funds or asset classes, although most of the "major" indexes are basically the same.Daily signals last week:PPS BUY SIGNAL: nonePPS SELL SIGNAL: 83% winners,only EWM was higher.MACD Histogram buy signal: 66% winners, the only loser was AMLP.4 Hour MACD buy signal: 66% losers, with only VXX higher.MACD Histogram sell signal: This was 100% winners, EWQ that is.4 Hour MACD sell signal: 50% winners.Positive ROC(13) Cross:  100% winners, IGE that is.Negative ROC(13) Cross: 50% winners.Close above T-Line, 8 EMA: 50% winners.Close below T-Line: NONEHULL MA(21) changed to green: 60% winners.HULL MA(21) changed to RED: 100% winners, ECH that is.The multiple buy signals were 100% winners.The multiple sell signals were 80% winners with only EWM higher.Here's the DAILY signals for this week:PPS buy signal for Monday: VXX, XRTPPS sell signal for Monday: ACWI, BND, EEM, EIDO, EPHE, EWJ, EWW, EWZ, EZA, GDX, GLD, ILF, SLV, TLT, VWO, XIVPositive MACD Histogram Cross: FXE       "     4 HOUR MACD Cross: NONE                                                  Negative MACD Histogram Cross: BND, DBA, EEM, EZA, SMH, TUR, VWO        "     4 Hour MACD Cross: FXI, ILFPositive ROC(13) Cross: XLPNegative ROC(13) Cross: AMLP, EPU, EWI, EWP, EWT, GLD, THD8 EMA CLOSED ABOVE 21 EMA: NONE8 EMA CLOSED BELOW 21 EMA: EWI, EWQ, EZU, SLV, XLFHULL MA(21) changed to green: FXE, XLVHULL MA(21) changed to RED: BND, DBA, DIA, EWG, EWL, EWU, THD, TUR"TTM SQUEEZE" : EWO, VWOMultiple buy signals: FXEMultiple SELL signals: BND, DBA, EEM, EZA, GLD, SLV, ILF, THD, TURNOTES: Last week I said to myself about the QQQ:"So we "may" get a one or two day quick sell of fairly soon, then go up into Thanksgiving or some thing like that, maybe into the start of the year, before we really sell off."So, Waaa Laaaa, we have the "quick" two day sell off the last two days, just like magic! So, this is the buy of a life time, right?? Well, maybe for YOU, I guess, if that's what you feel you simply have to do, but, ME, I'm waiting for a "2B" top before I remotely think about shorting, that's where we pull back and relieve some of the over bought stress, then head back up and make sligh[...]



WEEKLY WRAP UP FOR 11/10/2017

2017-11-10T16:41:38.306-07:00

(click on image for larger view, I hope)No, that's not the same chart as last week, but it might as well be, new week, same result, the only difference being this week the $COMPQ did NOT close at new ATH's Friday, seems strange not to be able to talk about some huge negative divergence. (NOTE: A cross of the 20/50 sma is NOT a trading "strategy", I merely use it for breath comparison purposes to provide continuity, this is the standard set up by StockCharts.com)Still only two of my 12 major markets on sell signals, 20sma under 50sma, the same GLD and TLT, IYR managed to keep it's head above water even with the rising interest rates, although that did cause TLT to dump worse than last week, the Trannies remain the best candidate for new sell signals next week.  "The all important Bullish Percent indexes"  got worse this week,  the $BPDISC joined the $BPSTAP,  $BPHEAL and $BPGDM on sell, with consumer discretionary, $BPDISC, joining them. In the top row of majors, price on the $NYA and $SPX stayed above the 50 SMA, but $COMPQ went crashing through it, showing the weakness in every thing accept those five major stocks that are holding all major markets up.The sectors actually got worse this week, XME joined XLP and XRT on sell signals, and XLVis just a whisker away from a new sell signal,  both XLP and XRT had rising candle patterns this week so maybe, MAYBE, we might see a change in signals coming some where down the road. Oil dominated in my 80 markets again this week, as OIH and USO were one and five, with XLE coming in the nine spot. This probably accounted for Putin's decent showing, RSX up 2.3% on the week.None of our majors showed up on the first page, in fact the winner this week, again, the NasDOGS, were the only ones positive, QQQ up .27% for the week.Only 3 markets closed on 20 day highs this week (I think that's a new record LOW count)vs 13 last week,  EWA, EWS and FXI, the 20 day highs from last week actually did better than I thought they would for the week, with 6 of the 13 having gains, IWF, QQQ, XLU, DBC, GCC and USO. Only seven markets closed on 20 day lows this week vs 6 last week, ECH, EIS, EWL, EWZ, IYT, XLV and XME, EWZ repeated this week.Four of the 6 from last week were lower on the week, only VXX and GDX were higher on the week.Ten year yields were 2.43% higher on the week, and Ya woulda THUNK that banks would have LOVED it, well, they didn't, KRE was the winner on the week down 4.92% and XLF 2.61%, XBI was down 3.31% in the 2 spot, I would say IYT didn't like oil prices continuing to rise, at least none of our majors made THIS front page, IWM was the "winner" down 1.37% on the week, then the Big Boys, DIA down .32%, then SPY down .14%.Here's the beeg wieners in the SP 500,I guess Malls are NOT going to disappear, at least according to Loeb as they took a big stake in MAC, FOX and FOXA were higher as people are dreaming that some sucker is going to buy them, DIS in this case, KORS is higher as a lot of people think they make beer ....TRIP did, trip that is, along with PCLN, but it's all the hurricanes faults, JCI evidently has no "controls" over their own company as they meeced earnings big, and hhhmmm, an old favorite of mine showed up AA, if it can lose about another 90% I might get interested, but I'm living in the past when I traded in at single digits for years and years.............[...]



TOS Buy/Sell scan results for week of 11/3/2017 and the new picks for the coming week

2017-11-10T17:19:48.337-07:00

These are TOS scans of my 80 ETF markets with some of the typical trading strategies available in the Think or Swim scanner, these are NOT recommendations to buy or sell, simply weekly testing of these various strategies to prove they are complete BS or, some times, actually work. The signal day, of course, is based on probably the worst day of the week, Friday, but I use that to give me time on the weekend to update.The daily signals are best for the one week of results while the Weekly signals should probably be considered longer term swing trades, I, MAY, do like a monthly or quarterly update to see how they did on the longer term time frames.Multiple signals in one direction, "CAN" (that's a disclaimer), be a sign of a change in direction in certain markets or sectors.The "TTM SQUEEZE" is just for information purposes as it's not a signal, it merely alerts you to the possibility of a big move up coming, either higher or lower.The 80 ETF's are based strictly on "Liquidity" (highest volume), there are no leveraged funds with the exception of XIV and VXX, there are no inverse funds, and I try not to double up on similar funds or asset classes, although most of the "major" indexes are basically the same.Here's the DAILY signals for this week:PPS buy signal for Monday: NONEPPS sell signal for Monday: ECH, EWM, EWO, EWP, THD, TURPositive MACD Histogram Cross: AMLP, IGE, XLE       "     4 HOUR MACD Cross: EWD, VXX, XLI                                                  Negative MACD Histogram Cross: EWQ        "     4 Hour MACD Cross: EWJ, EWM, EWP, EWQ, EWC, GCC, EWZ, RSXPositive ROC(13) Cross: IGENegative ROC(13) Cross: EWA, EWO, FXI, TUR8 EMA CLOSED ABOVE 21 EMA: EWC, TLT8 EMA CLOSED BELOW 21 EMA: NONEHULL MA(21) changed to green: EWC, EWH, EWL, EWU, IYRHULL MA(21) changed to RED: ECH"TTM SQUEEZE" : EWO, VWOMultiple buy signals: EWC, IGEMultiple SELL signals: ECH, EWO, EWM, EWP, TURNOTES: Last week I said to myself about the QQQ:"I don't have to tell MYSELF that after a 2.9% UP day on Friday taking a new position in the Q's "might" be a little dicey, but who the hell am I to say."Who is the hell am I to say indeed, LOL, the gain this week was almost all on Friday, AGAIN, as we were actually negative for the week on Thursday until the close.So, Da Q's have closed outside the upper bollinger band five of the last six days, over bought, RIGHT?? Well, YEA, but they can get way more over bought, sigh. The last time this happened was twice in the late April- early June period, notice the RSI got WAY more over bought than it is now, the upper 80's compared to just 74 now, and developed into the key signal for that sell off in June with a NEGATIVE divergence in the RSI, which took a month to develop. So we "may" get a one or two day quick sell of fairly soon, then go up into Thanksgiving or some thing like that, maybe into the start of the year, before we really sell off. Of course, we can't have that kind of positive mojo, RIGHT, as this is THE MOST HATED BULL MARKET IN HISTORY!!!Here's the WEEKLY signals for this week:PPS buy signal for Monday: NONEPPS sell signal for Monday: EUFN, EWD, EWZ, IYT, JNK, RSX, XLV, XMEPositive MACD Histogram Cross: NONENegative MACD Histogram Cross: EEM, EWA, EWK, [...]