Monday, January 15, 2018

Indices Are Overbought - A Volatile Week Is Ahead

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday, September 1, 2017
SGS is a Long-Term (weeks to months) Timer

Why Market Timing Is A Must


Chances are good that Dems and Reps do not reach an agreement on DACA by this coming Friday which could cause a government shutdown.  Indices could dip a couple of percents which would present a buying opportunity.



As shown above, SGS resumed its advance after a little dip earlier last week. That is bullish and signals higher prices ahead. BTFD.


The uptrend is very much intact and continuing.  Indices are, however, overbought and chances of a sell-off to test ASL and weekly DTL are high.

My Plan

Per my plan, I opened my 2nd long position in SSO last week.  My plan to do my 3rd and final long position in UPRO sometime this coming week, hopefully into a consolidation sell-off.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)


SPX: S&P 500 Index    SMA: Simple Moving Average
DJI: Dow Jones Industrial Index    EMA: Exponential Moving Average
DJT: Dow Jones Transportation Index    PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index    PUL: Primary Uptrend Line
RUT: Russell 2000 Index    ASL: Active Support Line
OEX: S&P 100 Index    ARL: Active Resistance Line
NDX: NASDAQ 100 Index    DTL: Dynamic Trend Line   
TUL: Tentative Uptrend Line   TDL: Tentative Downtrend Line
TLR: Trend Line Resistance   TLS: Trend Line Support

Disclaimer: The views expressed are provided for informational purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.

Sunday, January 7, 2018

Short-Term, Indices Are Overbought

SGS  Market Timer Status:  LONG 
LONG as of the close of September 8, 2017
SGS is a Long-Term (weeks to months) Timer

Why Market Timing Is A Must


2018 is off to a fantastic start and chances are high that the rally continues for a while, a long while.

With the new tax plan in place, starting in 2018, the US companies will pay very little or no taxes.  Instead, they will use the money to buy their own stocks and pay generous dividends to their shareholders. They also will bring back their overseas profits tax-free and use that money to buy more shares and pay more dividends.  The new tax plan also gives considerable incentive for the US companies to modernize their plants and eliminate more workers, and thus realizing considerable savings in labor cost.  This is all extremely bullish.



As shown above, SGS rocketed higher in last four trading days. That is bullish and signals higher prices ahead. BTFD.


The uptrend is very much intact and continuing.  Indices are, however, overbought and chances of a sell-off to test ASL and weekly DTL are high.

My Plan

I didn't get a chance to open my 2nd and final long position in SSO last week.  My plan is to do so this coming week, hopefully into a consolidation sell-off.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)


SPX: S&P 500 Index    SMA: Simple Moving Average
DJI: Dow Jones Industrial Index    EMA: Exponential Moving Average
DJT: Dow Jones Transportation Index    PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index    PUL: Primary Uptrend Line
RUT: Russell 2000 Index    ASL: Active Support Line
OEX: S&P 100 Index    ARL: Active Resistance Line
NDX: NASDAQ 100 Index    DTL: Dynamic Trend Line   
TUL: Tentative Uptrend Line   TDL: Tentative Downtrend Line
TLR: Trend Line Resistance   TLS: Trend Line Support

Disclaimer: The views expressed are provided for informational purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.

Monday, January 1, 2018

A Volatile Week, Month, And Year Are Head

SGS  Market Timer Status:  LONG 
LONG as of the close of September 8, 2017
SGS is a Long-Term (weeks to months) Timer

Why Market Timing Is A Must


2018 is going to be another record-breaking year but highly volatile.  Major dips would be good buying opportunities.



Despite the sell-off on the last day of trading for 2017, SGS advanced higher. Bullish.


The uptrend is very much intact and continuing but chances of a sell-off to test ASL and weekly DTL are high.

My Plan

Per my plan, I opened first of two long positions in SPY on Monday 12/18.  My plan is to open the 2nd long position in SSO sometime this coming week.

Season Greetings & Happy New Year

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)


SPX: S&P 500 Index    SMA: Simple Moving Average
DJI: Dow Jones Industrial Index    EMA: Exponential Moving Average
DJT: Dow Jones Transportation Index    PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index    PUL: Primary Uptrend Line
RUT: Russell 2000 Index    ASL: Active Support Line
OEX: S&P 100 Index    ARL: Active Resistance Line
NDX: NASDAQ 100 Index    DTL: Dynamic Trend Line   
TUL: Tentative Uptrend Line   TDL: Tentative Downtrend Line
TLR: Trend Line Resistance   TLS: Trend Line Support

Disclaimer: The views expressed are provided for informational purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.

Sunday, December 17, 2017

Indices Are Looking Good

SGS  Market Timer Status:  LONG 
LONG as of the close of September 8, 2017
SGS is a Long-Term (weeks to months) Timer

Why Market Timing Is A Must


Reps lost their election in AL but no reaction in equity markets.  Reps' tax plan is very likely passing sometime this week, bullish.




Again, SGS declined lower every day last week. SGS DTL is not below its 39 D-EMA, bearish.



The uptrend is still intact and continuing but chances of a sell-off to test ASL and weekly DTL are high.

My Plan

I closed long positions on Monday. I am 100% in cash now and planning to open my first of two or three long positions in SSO sometime this week.

Current Long-Term Portfolio (2017)
Past Long-Term Portfolios (2008-2016)


SPX: S&P 500 Index    SMA: Simple Moving Average
DJI: Dow Jones Industrial Index    EMA: Exponential Moving Average
DJT: Dow Jones Transportation Index    PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index    PUL: Primary Uptrend Line
RUT: Russell 2000 Index    ASL: Active Support Line
OEX: S&P 100 Index    ARL: Active Resistance Line
NDX: NASDAQ 100 Index    DTL: Dynamic Trend Line   
TUL: Tentative Uptrend Line   TDL: Tentative Downtrend Line
TLR: Trend Line Resistance   TLS: Trend Line Support

Disclaimer: The views expressed are provided for informational purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.

Sunday, December 10, 2017

A Volatile Week Is Ahead

SGS  Market Timer Status:  LONG 
LONG as of the close of September 8, 2017
SGS is a Long-Term (weeks to months) Timer

Why Market Timing Is A Must


I'm watching the special election in Alabama.  A loss for Reps (high, IMO) could be a game changer and might cause a sell-off from mid-December to late January to early February 2018.




SGS declined lower every day last week, crossed its ARL, DTL (13 D-EMA) and its 39 D-EMA.  Bearish.



The uptrend is still intact and continuing but chances of a sell-off to test ASL and weekly DTL are high.

My Plan

I am watching to see if Reps can pull-off a win on Tuesday.


SPX: S&P 500 Index    SMA: Simple Moving Average
DJI: Dow Jones Industrial Index    EMA: Exponential Moving Average
DJT: Dow Jones Transportation Index    PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index    PUL: Primary Uptrend Line
RUT: Russell 2000 Index    ASL: Active Support Line
OEX: S&P 100 Index    ARL: Active Resistance Line
NDX: NASDAQ 100 Index    DTL: Dynamic Trend Line   
TUL: Tentative Uptrend Line   TDL: Tentative Downtrend Line
TLR: Trend Line Resistance   TLS: Trend Line Support

Disclaimer: The views expressed are provided for informational purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.

Sunday, December 3, 2017

More Volatility Is Ahead

SGS  Market Timer Status:  LONG 
LONG as of the close of September 8, 2017
SGS is a Long-Term (weeks to months) Timer

Why Market Timing Is A Must


Chances are high that we see the US and international markets experience high volatility going forward.  There are many reasons, chief among them are the fact that a powerful eight and half year bull market is topping out and we have an incompetent executive branch trying to govern our country.

In the very near future, I'm watching if Reps decide that they're going to pass the Senate version of the tax legislation in the House and forego any congressional conference to hammer out differences between the House and Senate versions of the bill.  That way they can simply pass the Senate bill in the House and have Trump sign it sometime next week. Done and very bullish.

I'm also watching the special election in Alabama.  A loss for Reps could be a game changer and might cause a sell-off from mid-December to late January to early February 2018.




Except for Friday, SGS advanced higher every day last week and crossed its ARL.  Also, its DTL (13 D-EMA) did a bullish crossover its 39 D-EMA.  Bullish.




The uptrend is still intact and continuing.

My Plan

I will open my 3rd and final long position in UPRO sometime early this coming week.


SPX: S&P 500 Index    SMA: Simple Moving Average
DJI: Dow Jones Industrial Index    EMA: Exponential Moving Average
DJT: Dow Jones Transportation Index    PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index    PUL: Primary Uptrend Line
RUT: Russell 2000 Index    ASL: Active Support Line
OEX: S&P 100 Index    ARL: Active Resistance Line
NDX: NASDAQ 100 Index    DTL: Dynamic Trend Line   
TUL: Tentative Uptrend Line   TDL: Tentative Downtrend Line
TLR: Trend Line Resistance   TLS: Trend Line Support

Disclaimer: The views expressed are provided for informational purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.

Saturday, November 25, 2017

Rally Continues

SGS  Market Timer Status:  LONG 
LONG as of the close of September 8, 2017
SGS is a Long-Term (weeks to months) Timer

Why Market Timing Is A Must




SGS advanced higher every day last week and crossed its DTL.  That is bullish.  SGS is its way to challenge its ARL sometime next week.



The uptrend is still intact and continuing.

My Plan

Per my plan, I opened my 2nd long position in SSO on Wednesday.  I'm watching SGS and as soon as DTL on SGS daily chart crosses above 39 D-EMA I will open my 3rd and final long position in UPRO.


SPX: S&P 500 Index    SMA: Simple Moving Average
DJI: Dow Jones Industrial Index    EMA: Exponential Moving Average
DJT: Dow Jones Transportation Index    PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index    PUL: Primary Uptrend Line
RUT: Russell 2000 Index    ASL: Active Support Line
OEX: S&P 100 Index    ARL: Active Resistance Line
NDX: NASDAQ 100 Index    DTL: Dynamic Trend Line   
TUL: Tentative Uptrend Line   TDL: Tentative Downtrend Line
TLR: Trend Line Resistance   TLS: Trend Line Support

Disclaimer: The views expressed are provided for informational purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.

Sunday, November 19, 2017

Mother Of All Tax Cuts For US Companies

SGS  Market Timer Status:  LONG 
LONG as of the close of September 8, 2017
SGS is a Long-Term (weeks to months) Timer

Why Market Timing Is A Must

Domestic and international markets are anxiously waiting to see if Republicans in the US Congress can pass Trump's tax legislation.  If that happens, chances would be high that indices advance much higher between now and the end of the year.  If it does not, indices very likely sell-off until early next year. 



SGS continued setting lower lows early last week but on Thursday and Friday it bucked its trend and advanced higher.  Where SGS ends up in the next couple of weeks is critical.



On its weekly chart, shown above, SPX is moving higher to challenge its ARL.  The uptrend is intact.

My Plan

I'm still waiting to open my 2nd long position in SSO (2X SPY).


SPX: S&P 500 Index    SMA: Simple Moving Average
DJI: Dow Jones Industrial Index    EMA: Exponential Moving Average
DJT: Dow Jones Transportation Index    PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index    PUL: Primary Uptrend Line
RUT: Russell 2000 Index    ASL: Active Support Line
OEX: S&P 100 Index    ARL: Active Resistance Line
NDX: NASDAQ 100 Index    DTL: Dynamic Trend Line   
TUL: Tentative Uptrend Line   TDL: Tentative Downtrend Line
TLR: Trend Line Resistance   TLS: Trend Line Support

Disclaimer: The views expressed are provided for informational purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.