Tag Archives: S&P 500
The S&P 500 rose 2.15% yesterday. Below are the reasons we would rather not see another day of large gains in the markets. For access to premium content, you must be a subscriber. Please login if you are already a … Continue reading
I was still in graduate school when the self-fulfilling prophecy of the 200-day moving average was forged by financial media. After nearly 30 years they have not changed the narrative. Maybe it is time for a change and I have … Continue reading
This is a weekly report of the directional bias of Dow Jones Industrial Average and includes overbought/oversold in Dow stocks and ETFs. If you are not a subscriber click here for more information. For access to premium content, you must be … Continue reading
According to our overbought/oversold indicator (a variant of RSI) the S&P 500 index is now most oversold since September 2001. Note that a 22% gain followed after the oversold conditions in 2001 before the bear market resumed.
A popular momentum strategy based on the 12-month moving average in S&P 500 just generated an unconfirmed sell signal. Is this a replay of the 2015-2016 chop action or bear market signal?
A list of 26 large caps from the S&P 100 universe that are oversold in daily timeframe according to PAL OB/OS indicator. For access to premium content, you must be a subscriber. Please login if you are already a subscriber … Continue reading