Sunday, October 24, 2021

Indices Look Good

 SGS  Market Timer Status:  LONG 

LONG as of the close of Friday October 15, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Generally speaking, earnings reports have been solid and stocks of companies with good reports have gone up.  That is bullish and signals higher prices for major indices between now and end of this year.  Sometime next month, the Fed is to announce their "taper" plan.  There is a good chance that the Fed announces a super dovish plan which push indices higher in a strong Christmas rally.


SGS Market Timer

As of the close of last Friday (10/22), the value of SGS was calculated to be +300 and the status of SGS remains LONG.


S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for next week are shown above.


My Plan

Per my plan, I opened new long positions in QQQ and SPY last Thursday.  I am now 100% in.



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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, October 17, 2021

Earnings Will Make Or Break Indices

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday October 15, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


A number of companies are reporting earnings this week.  If their stocks sell off significantly despite good earnings,  that would be a giant red flag for indices, especially NDX.


SGS Market Timer

As of the close of last Friday (10/15), the value of SGS was calculated to be +324 and the status of SGS changed from NEUTRAL to LONG.


S&P 500 Support And Resistance Levels



Support and resistance levels for SPX for next week are shown above.


My Plan

Per my plan, I opened new long positions in XLF, XLE, XLB, and XLI last Monday.  On Friday, I also open a new long position in IWM.

I have 10% remaining in cash and for now I am going to watch earnings and see how indices react to them.



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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, October 10, 2021

Selling Is Very Likely Done

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of Friday October 08, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


SGS Market Timer

As of the close of last Friday (10/8), the value of SGS was calculated to be +42 and the status of SGS changed from SHORT to NEUTRAL.


S&P 500 Support And Resistance Levels


Support and resistance levels for SPX for next week are shown above.


My Plan

I didn't open any short positions last week.  My plan is to open long positions in SPY (15%), QQQ (15%), IWM (15%), XLE (25%), and XLF (25%) sometime early this week.



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opader@gmail.com



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, October 3, 2021

SGS Market Timer is SHORT

SGS  Market Timer Status:  SHORT 
SHORT as of the close of Friday October 01, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


SGS Market Timer

As of the close of last Friday (10/1), the value of SGS was calculated to be -64 and the status of SGS changed from NEUTRAL to SHORT.


S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for next week are shown above.


My Plan

Per my plan I closed my long positions last Wednesday (should have done it last Monday).  For now I am watching and planning to open a position in SPXS.



twitter
opader@gmail.com



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, September 25, 2021

SGS Market Timer is NEUTRAL

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of Friday September 24, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


SGS Market Timer

As of the close of last Friday (9/24), the value of SGS was calculated to be +46 and the status of SGS changed from LONG to NEUTRAL.


S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for next week are shown above.


My Plan

My plan is to close my long positions unless the rally that started late last Monday continues.



twitter
opader@gmail.com



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, September 19, 2021

Bull Run Very Likely Resumes This Week

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday August 27, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


There is an excellent chance that the recent selling is done and indices resume their advance higher because fundamentally nothing has changed.  The Fed's put is very much in and continues to be in for the foreseeable future.  The recent selling, for the most part, has been done by passive investors following seasonality.  They expect September and October to be bad months for stocks as they expected last May was time to "sell and go away".  Indices also declined for a couple of weeks back in early May this year.


SGS Market Timer

As of the close of last Friday (9/17), the value of SGS was calculated to be +51 and the status of SGS remains LONG.


S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for next week are shown above.


My Plan

No change, my plan is to stay with my long positions.



twitter
opader@gmail.com



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, September 12, 2021

A Buying Opportunity Is Coming Up

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday August 27, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


The sell-off is likely is done or near being done and a buying opportunity is coming up early to mid this week.


SGS Market Timer

As of the close of last Friday (9/10), the value of SGS was calculated to be +147 and the status of SGS remains LONG.


S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for next week are shown above.


My Plan

No change, my plan is to stay with my long positions.



twitter
opader@gmail.com



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, September 4, 2021

Indices Look Good

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday August 27, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Indices look good and are heading higher.


SGS Market Timer

As of the close of last Friday (9/3), the value of SGS was calculated to be +430 and the status of SGS remains LONG.


S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for next week are shown above.


My Plan

My plan is to stay with my long positions.



twitter
opader@gmail.com



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, August 29, 2021

SGS Market Timer Is LONG

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday August 27, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Indices are heading higher.


SGS Market Timer

As of the close of last Friday (8/27), the value of SGS was calculated to be +401 and the status of SGS changed from SHORT to LONG.


S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for next week are shown above.


My Plan

Anticipating the change of status for SGS from SHORT to LONG, I opened new long positions last week.  On Tuesday, I bought MRNA and IWM, on Wednesday, I bought SPY, ADBE, and NVDA, on Thursday, I bought QQQ and INTU, and on Friday, I bought INSP.



twitter
opader@gmail.com



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, August 22, 2021

SGS Market Timer is SHORT

SGS  Market Timer Status:  SHORT 
SHORT as of the close of Friday August 20, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


I am not sure where indices are heading.


SGS Market Timer

As of the close of last Friday (8/20), the value of SGS was calculated to be -199 and the status of SGS changed from LONG to SHORT.


S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for next week are shown above.


My Plan

Anticipating the change of status for SGS, last Tuesday I closed my long positions, expect for small positions in crypto (5%).   I am 95% in cash and planning to stay there for now.



twitter
opader@gmail.com



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, August 14, 2021

Grind Up Continues

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday July 23, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Again no change since last week, indices grind higher and dips are buying opportunities.


SGS Market Timer

As of the close of last Friday (8/13), the value of SGS was calculated to be +201 and the status of SGS remains LONG.


S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for next week are shown above.


My Plan

Last week, I replaced AMAT with ORCL.  I still have 5% in cash and planning do something with it this coming week.



twitter
opader@gmail.com



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, August 8, 2021

No Change

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday July 23, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


No change since last week, indices grind higher and dips are buying opportunities.


SGS Market Timer

As of the close of last Friday (8/6), the value of SGS was calculated to be +287 and the status of SGS remains LONG.


S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for next week are shown above.
twitter
opader@gmail.com



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.