Sunday, May 12, 2019

Dicey

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Feb 8, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must



Four major geopolitical problems, China, Iran, Venezuela and North Korea, are hitting the Trump administration all at the same time.  That is putting tremendous pressure on indices as investors worry if the administration can handle those issues without turning them into crises.


SGS declined last week and got closer to turning from "LONG" to "NEUTRAL".


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


My Plan

I am watching SPX to see if it can manage to trade and close above last Friday's low, 2725. I very likely close all long positions if it looks like that SPX 2725 is going to be breached.
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Contact: 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 5, 2019

Uptrend Is Intact

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Feb 8, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must



No change since last week, barring a major geopolitical event, indices are heading much higher.


SGS fluctuated last week but it is well above +50, signaling that major indices are to resume their rally higher.

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


My Plan

My plan is to open my third and final position in QQQ as indices dip to test supports.
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Contact: 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, April 28, 2019

Indices Look Good

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Feb 8, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must



Q1 earnings and outlook for technology companies have been generally positive.  Barring a major geopolitical event, indices are heading much higher.


SGS headed higher last week, signaling that major indices are to resume their rally higher.

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


My Plan

I opened my first of three long positions in QQQ on Tuesday last week.  My plan is to add to my position as indices dip to test supports.
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Contact: 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, April 21, 2019

Let Market Lead

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Feb 8, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must



Q1 earnings and outlook have been a mixed bag so far.  That explains why indices are trading in a narrow range.


SGS declined last week and it closed below its DTL for the week.  SGS is signaling that a sell-off is likely this week.



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


My Plan

I'm waiting to see what earnings look like before opening any positions. Best is to let Market lead and never get in front of it.
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Contact: 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, April 14, 2019

Q1 Earnings Will Make Or Break Indices

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Feb 8, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must



Q1 earnings and outlook will make or break indices this coming week.


SGS is well in LONG territory, signalling higher prices ahead.



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


My Plan

I closed all long positions and moved into cash.  I'm waiting to see what earnings look like before opening new long positions.

Current Long-Term Portfolio (2019)
Past Long-Term Portfolios (2018-2008)

twitter
Contact: 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, April 7, 2019

Volatility Will Return

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Feb 8, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must



Indices look good and they are on their way to challenge their all-time highs.  As they get closer to their all-time highs, I expect to see a more volatile market. 


SGS is well in LONG territory, signalling higher prices ahead.


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


My Plan
twitter
Contact: 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, March 24, 2019

Dips Are Buying Opportunities

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Feb 8, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must



Another unknown has been lifted and indices are ready to rally higher.


Despite the sell-off last Friday, SGS is still nicely in "LONG" territory.  Dips are buying opportunities.


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


My Plan

Per my plan I did my 2nd and last buy in SSO last Monday.

Current Long-Term Portfolio (2019)
Past Long-Term Portfolios (2018-2008)

twitter
Contact: 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, March 17, 2019

Selling Is Done, Indices Look Good

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Feb 8, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must




SGS advanced last week and it is in "LONG" territory, confirming rally higher.


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


My Plan

The 60 Minutes interview with Powell was a game changer.  Per my tweet on 3/13, I did my first two buys, I bought SPY.   My plan is to do my second buy (SSO) sometime early this week.

Current Long-Term Portfolio (2019)
Past Long-Term Portfolios (2018-2008)

twitter
Contact: 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, March 10, 2019

Selling Continues

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Feb 8, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must



As shown above on the monthly chart for SPX, SPX has been selling-off to back test its M-DTL (13 M-EMA) around 2700 before heading higher.

SGS declined last week but it still in "LONG" territory.

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


My Plan

My best guess is that the sell-off that started last week continues. I'm still in cash and waiting for an opportunity to do my first of two buys in the following seven stocks:

1. XLNX
2. CDNS
3. DHR
4. BA
5. INCY
6. INTU
7. LLY


Current Long-Term Portfolio (2019)
Past Long-Term Portfolios (2018-2008)

twitter
Contact: 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.