Top Performing ETFs

investics · Oct 30, 2010

Petsamo

This is a very relevant question I promise to answer it in detail this week-end.

Have a Great Week-end!

Thanks!

Quote from Petsamo:

I define a downleg as a few days of selling, last seen in August.

We've been running up for two months without any serious pullback. Just a few days ago, you gave a cautiously sell recommendation, now you're giving a cautiously buy recommendation.

This economy is not out of the woods yet and the market is extremely vulnerable to a serious sell off. Watch for a sell the news event after the elections.

investics · Oct 30, 2010

Market Slice for week 25.Oct.2010 to 29.Oct.2010

Buy Aggressively
Buy Cautiously
Hold/Wait
Sell Cautiously
Sell Aggressively

(the highlighted option is my current sentiment)

S&P-500 Daily % Change:
Fri, 29 . Oct : [color= red ] -0.04 %[/color]
Thu, 28 . Oct : [color= green ] 0.11 %[/color]
Wed, 27 . Oct : [color= red ] -0.27 %[/color]
Tue, 26 . Oct : [color= black ] 0.00 %[/color]
Mon, 25 . Oct : [color= green ] 0.21 %[/color]

No. of Stocks above 40 EMA*
Fri, 29 . Oct : [color= black ] 75 %[/color]
Thu, 28 . Oct : [color= black ] 74 %[/color]
Wed, 27 . Oct : [color= black ] 77 %[/color]
Tue, 26 . Oct : [color= red ] 80 %[/color]
Mon, 25 . Oct : [color= red ] 82 %[/color]

I avoid entering new positons when this number is above 80%

No. of New Six Month (26 weeks) Highs*
Fri, 29 . Oct : [color= green ] 222 [/color]
Thu, 28 . Oct : [color= green ] 241 [/color]
Wed, 27 . Oct : [color= green ] 124 [/color]
Tue, 26 . Oct : [color= green ] 198 [/color]
Mon, 25 . Oct : [color= green ] 420 [/color]

No. of New Six Month Lows*
Fri, 29 . Oct : [color= green ] 32 [/color]
Thu, 28 . Oct : [color= green ] 25 [/color]
Wed, 27 . Oct : [color= green ] 16 [/color]
Tue, 26 . Oct : [color= green ] 24 [/color]
Mon, 25 . Oct : [color= green ] 11 [/color]

*The stats above were calculated on the top 3000 stocks by liquidity(not market cap), Which cpatures 99.5% of the overall market liquidity.

investics · Nov 1, 2010

Trying to answer the PROTEST below by PETSAMO

The table below is the % of Stocks above 40EMA and the S&P500 for the last 10 days.

Date %40EMA S&P-500*
29-Oct-10 75 1183
28-Oct-10 74 1184
27-Oct-10 77 1182
26-Oct-10 80 1186
25-Oct-10 82 1186
22-Oct-10 81 1183
21-Oct-10 79 1180
20-Oct-10 82 1178
19-Oct-10 78 1166
18-Oct-10 87 1185

* sorry for the poor formatting, you might have to cut and paste it in excel.

So if you carefully look at the table, you can see that the market breadth has significantly come down but has not effected the overall markets. The markets seems to be chugging along while sector rotation takes place. In addition to the numbers above I also use other variables such as volume in share count and dollar count, thew new six-month highs made everyday, etc to keep a watch on the money flow. YES! we will soon be in the over bought phase. But we are not yet there. From my past experiences, I have left a lot of money on the table speculating.

As I have stated multiple times before, I am not here to speculate the market. I have no idea what is going to happen. I am here just to look for symptoms so that I can react quickly to protect my capital.

After years of study(I have a PhD), I have realized macroeconomic issues are NOT useful in trading.

Have a FANTASTIC week!

Quote from Petsamo:

I define a downleg as a few days of selling, last seen in August.

We've been running up for two months without any serious pullback. Just a few days ago, you gave a cautiously sell recommendation, now you're giving a cautiously buy recommendation.

This economy is not out of the woods yet and the market is extremely vulnerable to a serious sell off. Watch for a sell the news event after the elections.

investics · Nov 5, 2010

TGIF!

Markets have reached overbought levels. I am seeing extreme Market breadth numbers across the board.

This could be the beginning of another rally, who knows.

I am seeking to lock in my profits and exit my positions by the end of the day.

Cheers!

Petsamo · Nov 5, 2010

You and Market Owl share the same opinion, that we've topped. I hope we get a decent several days of downleg.
The deeper the correction, the better.

investics · Nov 6, 2010

Market Slice for week 01.Nov.2010 to 05.Nov.2010

Buy Aggressively
Buy Cautiously
Hold/Wait
Sell Cautiously
Sell Aggressively

(the highlighted option is my current sentiment)

S&P-500 Daily % Change:
Fri, 5 . Nov : [color= green ] 0.39 %[/color]
Thu, 4 . Nov : [color= green ] 1.93 %[/color]
Wed, 3 . Nov : [color= green ] 0.37 %[/color]
Tue, 2 . Nov : [color= green ] 0.78 %[/color]
Mon, 1 . Nov : [color= green ] 0.09 %[/color]

No. of Stocks above 40 EMA*
Fri, 5 . Nov : [color= red ] 86 %[/color]
Thu, 4 . Nov : [color= red ] 87 %[/color]
Wed, 3 . Nov : [color= black ] 79 %[/color]
Tue, 2 . Nov : [color= black ] 79 %[/color]
Mon, 1 . Nov : [color= black ] 72 %[/color]

I avoid entering new positons when this number is above 80%

No. of New Six Month (26 weeks) Highs*
Fri, 5 . Nov : [color= purple ] 737~ [/color]
Thu, 4 . Nov : [color= purple ] 866~ [/color]
Wed, 3 . Nov : [color= green ] 342 [/color]
Tue, 2 . Nov : [color= green ] 372 [/color]
Mon, 1 . Nov : [color= green ] 308 [/color]

~These numbers are at their extreme high

No. of New Six Month Lows*
Fri, 5 . Nov : [color= green ] 9 [/color]
Thu, 4 . Nov : [color= green ] 16 [/color]
Wed, 3 . Nov : [color= green ] 13 [/color]
Tue, 2 . Nov : [color= green ] 24 [/color]
Mon, 1 . Nov : [color= green ] 44 [/color]

*The stats above were calculated on the top 3000 stocks by liquidity(not market cap), Which captures 99.5% of the overall market liquidity.

Petsamo · Nov 8, 2010

New ETF trading: URA for uranium. I'll bet Iran is interested.

investics · Nov 23, 2010

Market View - 23.Nov.2010

NYSE Percent of stocks above the 50 Day MA: 65%

Buy Aggressively
Buy Cautiously
Do Nothing
Sell Cautiously
Sell Aggressively

(the highlighted option is my current sentiment)

Working on a few exciting projects. Will post on Sun(28.Nov).

Happy Thanksgiving!

trade2live · Dec 6, 2010

Hello Investics

How has your system performed since inception ? I have always been curious about the live results of RS based system when applied to mutual funds, with ETF's the ability to trade right at the close or in after-hours must work in your favor .

investics · Dec 10, 2010

Market Slice for week 06.Dec.2010 to 10.Dec.2010

Buy Aggressively
Buy Cautiously S&P-500 Daily % Change:
Fri, 10 . Dec : [color= green ] 0.60 %[/color]
Thu, 9 . Dec : [color= green ] 0.38 %[/color]
Wed, 8 . Dec : [color= green ] 0.37 %[/color]
Tue, 7 . Dec : [color= green ] 0.05 %[/color]
Mon, 6 . Dec : [color= red ] -0.13 %[/color]

No. of Stocks above 40 EMA*
Fri, 10 . Dec : [color= black ] 78 %[/color]
Thu, 9 . Dec : [color= black ] 75 %[/color]
Wed, 8 . Dec : [color= black ] 75 %[/color]
Tue, 7 . Dec : [color= black ] 76 %[/color]
Mon, 6 . Dec : [color= black ] 77 %[/color]

I avoid entering new positons when this number is above 80%

No. of New Six Month (26 weeks) Highs*
Fri, 10 . Dec : [color= green ] 497 [/color]
Thu, 9 . Dec : [color= green ] 379 [/color]
Wed, 8 . Dec : [color= green ] 332 [/color]
Tue, 7 . Dec : [color= green ] 850 [/color]
Mon, 6 . Dec : [color= green ] 541 [/color]

No. of New Six Month Lows*
Fri, 10 . Dec : [color= green ] 14 [/color]
Thu, 9 . Dec : [color= green ] 11 [/color]
Wed, 8 . Dec : [color= green ] 14 [/color]
Tue, 7 . Dec : [color= green ] 10 [/color]
Mon, 6 . Dec : [color= green ] 9 [/color]

*The stats above were calculated on the top 3000 stocks by liquidity(not market cap), Which cpatures 99.5% of the overall market liquidity.