Our Applied Stock Market Indicator of the Day (in 60 Seconds or Less) is:
Yield Curve Inversion
Category: Market Indicators (video)
What would you do here?
If you had to use this one indicator to make a buy or sell decision on the market Monday, what would you do?
Vote and see poll results here:
If you had to use this one indicator to make a buy or sell decision on the market Monday, what would you do? Click to see chart of indicator: https://t.co/z1Qz4EaEU1
— T.J. Hayes (@HedgeFundTips) June 1, 2019
PMO BUY ALL coming off extreme level…
The PMO Buy All Indicator is starting to weaken off of an extreme (100) level. As you can see in the chart above, it has paid to get cautious in previous instances. Continue reading “PMO BUY ALL coming off extreme level…”
Update: PMO BUY SPX 78% (recent) Accuracy
Since our first post on February 14, the “PMO Buy SPX” indicator (above) has deteriorated from 83 to 57 and the “PMO Buy ALL” indicator has deteriorated from 100 to 87 (Click for “PMO Buy ALL” Chart). See our original posts here:
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Update: PMO BUY SPX 78% (recent) Accuracy
Since our post on February 14, the “PMO Buy SPX” indicator (above) has deteriorated from 83 to 75 and the “PMO Buy ALL” indicator has deteriorated from 100 to 93 (Click for “PMO Buy ALL” Chart). See our Continue reading “Update: PMO BUY SPX 78% (recent) Accuracy”
What “Nasdaq 100 Bullish Percent” is saying about the market now…
Yesterday we covered the S&P 500 Percent of stocks above the 200DMA and what it potentially implied for the S&P 500 moving forward.
S&P 500 % of Stocks Above 200 Day Moving Average Interpretation (recent accuracy 100%)
Today we are going to look at the Nasdaq 100 from a different angle. Continue reading “What “Nasdaq 100 Bullish Percent” is saying about the market now…”
S&P 500 % of Stocks Above 200 Day Moving Average Interpretation (recent accuracy 100%)
In trading, all you can do is take statistically advantaged positions and manage risk. Over a series of trades, if you do both well, you will outperform. Continue reading “S&P 500 % of Stocks Above 200 Day Moving Average Interpretation (recent accuracy 100%)”
PMO BUY SPX 78% (recent) Accuracy
Last night we covered the “PMO Buy All” indicator which had a 70% accuracy rate for predicting pullbacks. Continue reading “PMO BUY SPX 78% (recent) Accuracy”
PMO BUY ALL 70% (recent) Accuracy
7 out of the last 10 times that the “PMO Buy All” indicator got to 100, it led to a short term correction in the general indices. In the chart I have annotated above, I show the PMOBUYALL in red/black, the S&P 500 in the Continue reading “PMO BUY ALL 70% (recent) Accuracy”
Bullish Percent – What it says about the Nasdaq Composite right now…
Right now, the “Bullish Percent” Nasdaq composite index is coming in at just 43.61%. The above chart is the “Bullish Percent Index” for the Nasdaq Composite (red and black line) with the Nasdaq Composite Index in the background (all black line). Continue reading “Bullish Percent – What it says about the Nasdaq Composite right now…”