Sunday, August 1, 2021

Indices Grind Higher

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


Indices grind higher.  Dips are buying opportunities.


SGS Market Timer

As of the close of last Friday (7/30), the value of SGS was calculated to be +265 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

I'm still looking for a dip to buy more SPY.


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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, July 25, 2021

SGS Market Timer Is LONG

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


It's the same story since March of 2009, the grind up continues and dips are buying opportunities.  This very likely continues for a while, a long while.


SGS Market Timer

As of the close of last Friday (7/23), the value of SGS was calculated to be +214 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

I made significant changes to my long-term portfolio last week.  I increased its passive component to 45% (SPY, QQQ, and IWM), reduced its active component to 50% (MRNA, GS, COF, AMAT, and NVDA), and reduced it crypto component to 5% (GBTC and ETHE).

I'm looking for a dip to buy more SPY.


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, July 18, 2021

Market Is On Edge

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of Friday July 16, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must



The fear of another Covid spike and also the fear of high inflation pushed indices lower last week.  There is a good chance that indices rally early this week to retrace back 40% to 60% of their decline and to test the newly formed PDL-1, shown above.  A close above PDL-1 would signal a high likelihood of the resumption of bull rally.


SGS Market Timer

As of the close of last Friday (7/16), the value of SGS was calculated to be +36 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

With SGS being NEUTRAL now, my plan is to close all my long positions sometime early this 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, July 11, 2021

Dips Are Buying Opportunities

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Mar 5, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


The grind up continues and dips are buying opportunities.  This very likely continues for a while, a long while.


SGS Market Timer

As of the close of last Friday (7/9), the value of SGS was calculated to be +298 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

SGS is LONG and my plan is to stay with my long positions, except sometime early tomorrow I'm planning to sell SLB and buy NVDA in its place.


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.   

Monday, July 5, 2021

The Grind Up Continues

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Mar 5, 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 (7/2), the value of SGS was calculated to be +392 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

SGS is LONG and 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, June 27, 2021

How Helicopter Ben Killed Bond Vigilantes

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Mar 5, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Sometime  during one of the darker days of October of 2008, while the industrial world's economies and financial markets were teetering on the edge of an historic collapse, Ben Bernanke decided to put the Modern Monetary Theory to work in hope of preventing the world from sinking into a depression.  By doing so, he effectively killed all "Bond Vigilantes" and ushered in a new financial era.  An era in which central banks around the world buy as much government and corporate debts as necessary in order to keep the their economies growing and their workforce employed.

Since 2008, through its primary dealers, the Fed has bought around seven trillion dollars of government and corporate debts.  Barring any substantial and sustained inflation in labor and energy costs, there is absolutely nothing out there that would stop the Fed from doing what it has been doing for the last 13 years, buying more debt. 

For the foreseeable future, the Fed will continue creating money out of thin air to purchase more government and corporate debts.  That pushes the value of the money lower and hence asset prices must go higher.


SGS Market Timer

As of the close of last Friday (6/25), the value of SGS was calculated to be +496 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

SGS is LONG and 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, June 20, 2021

Selling Is Very Likely Done

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Mar 5, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


As shown above, on Friday SPX found support around 4160ish on its daily chart.  There is a good chance that sometime early this week we see SPX retracing back at least 50% of the sell-off from its all-time and testing its new downtrend line (PDL-1).  A close above PDL-1 with good internals would signal a high likelihood of a move to new all-time highs.


SGS Market Timer

As of the close of last Friday (6/18), the value of SGS was calculated to be +59 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

SGS is LONG and 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, June 13, 2021

Bulls Party On

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Mar 5, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


The flooding of the economy with printed money in the US and around the world will continue indefinitely until we see a persistent selling of bonds and a significant rise in yields. Short of that, the rise in equity markets continues with no end in sight.

I am watching the yield for 10 year treasury ($TNX), shown above.  If the yield crosses 2% and establishes an uptrend toward 3%, then we could see a sizable (10% to 20%) correction in equities.  For now, bulls party on and so do I.


SGS Market Timer

As of the close of last Friday (6/11), the value of SGS was calculated to be +471 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

SGS is LONG and 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, June 5, 2021

Indices Look Good

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Mar 5, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Major indices look good and should reach new all-time highs sometime this week.


SGS Market Timer

As of the close of last Friday (6/4), the value of SGS was calculated to be +488 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

SGS is LONG and 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, May 30, 2021

Indices Advancing To New All-Time Highs?

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Mar 5, 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 indices continue their advance higher to set new all-time highs sometime this week.


SGS Market Timer

As of the close of last Friday (5/28), the value of SGS was calculated to be +412 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, with my remaining cash I bought ETHE last weekSGS is LONG and 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, May 23, 2021

Uptrend Continues

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Mar 5, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


The uptrend in major indices is still intact.  Over the course of last two weeks, major indices consolidated their gains since early March.  The next move for major indices is very likely higher to challenge their all-time highs sometime this week. 


SGS Market Timer

As of the close of last Friday (5/21), 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 sold GM and MU early last week.  In their places, I bought GS and SLB.  I am still waiting to buy ETHE with my remaining cash.


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, May 16, 2021

Bulls Not Out Of The Woods Yet

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Mar 5, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Bulls are not out of the woods until major indices put in new all-time highs.  There is a good chance that happens later this week.

SGS Market Timer

As of the close of last Friday (5/14), the value of SGS was calculated to be +101 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

Sometime early this week, I will sell GM and MU.  In their places, I will buy SLB and GS.  I will also buy ETHE with my remaining cash (3.33%).


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.