*Please make sure you understand how to use the table above. The main purpose of this report is to provide information so contradictory signals are always presented.
SEASONALITY: WEEK AFTER TRIPLE WITCHING, DOW DOWN 15 OF LAST 22, ALSO MARCH IS KNOWN AS A TURNING MONTH
See 03/19 Market Recap for more details.
CYCLE ANALYSIS: COULD RISE TO AROUND 03/25 BEFORE ANY MEANINGFUL PULLBACK
See 03/22 Market Recap for more details.
INTERMEDIATE-TERM: EXPECT ROLLER COASTER AHEAD
See 03/19 Market Recap for more details.
SHORT-TERM: ALL UP DAY MEANS A DOWN DAY TOMORROW, I’M NOT CONVINCED THOUGH
今天没啥说的,After Bell Quick Summary里已经说了,明天有77%的机会涨,不过根据6.4.9 All Up Day Watch,由于今天是个All Up Day,看红线,好像第二天都跌了。我个人对All Up Day第二天跌的说法有所保留,关于这方面的讨论见11/17/2009 Market Recap。别的没啥了,现在我最关心的是今天大涨以后,Rydex trader以及institutions是如何反映的,这两个最新数据要到明天早上才知道,有重大发现的话,我会另外发文通知。
STOCK SCREENER: For fun only, I may not actually trade the screeners. Since SPY ST Model is in BUY mode, only LONG candidates are listed. For back test details as well as how to confirm the entry and set stop loss please read HERE. Please make sure you understand the basic risk management HERE.
Looks like it’s too late to long stocks now as the market is way too overbought. Waiting for a better chance. |