Stocks Trade Mixed
The Dow Jones Industrial Average closed at 17,813.39, up 1.20 or 0.01%. S&P 500 closed at 2,088.87 down -0.27 or -0.01%. Nasdaq Composite closed at 5,116.14 up 13.33 or 0.26%.
Long Term Market Timing Signals
[You must be registered and logged in to see this image.]The chart above shows a
red arrow when the Trend Momentum is going down and the rank crosses
0 from a
bull market to a
bear market. A
green arrow is shown when the Trend Momentum is going up and the rank crosses
0 from a
bear market to a
bull market.
Market conditions are Mildly bullish in a Bear Market as of 2015-11-25. This means traders and investors should consider trading with a Neutral or Bullish bias by buying stocks and setting tight stops. The rank of the Bear Market is -0.30. The Most recent Sell Signal came on Sept 21, 2015.
Short Term Market Timing Signals
[You must be registered and logged in to see this image.]The short term market timing portion of the newsletter shows a combination of all three indicators on one graph, the momentum, breadth and sentiment indicators. The
red and
green arrows on the chart above the indicator chart will show each time these indicators gave confirmation or confluence that meet the buy or sell criteria.
When market conditions are at extreme levels this group of indicators will find reversal ranges. If you see multiple arrows stacked one on the other each represents the day that the confirmation signal was still in place.
Sell Signals are generated when sentiment is above breadth and Breadth is above momentum and all are above 90.
Buy signals are generated when momentum is lower than breadth, breadth is lower than sentiment and both breadth and momentum are lower than 40.
Values shown for Momentum, Breadth and Sentiment on the above charts do not match those of the ones below, data has been normalized here. Evaluate those charts individually.
Momentum Indicator
[You must be registered and logged in to see this image.]The Momentum Indicator is currently at 67.70 indicating short term Non-trending environment in stocks. This means the stock market is stalling in the current short term trend. Extreme measures of this trend range are -70 to 70. This indicator's trend cycle extremes take place every 3 to 6 months.
The vertical
buy and
sell lines will only show a new line if a subsequent buy or sell signal has already been generated. For example, the indicator may be showing that it is in the buy range but there will not be a new buy Signal vertical line on the chart if there has not yet been a sell signal.
Breadth Indicator
[You must be registered and logged in to see this image.]The Breadth Indicator is currently at 70.17 indicating the breadth of stocks moving higher igher is
bullish. Risk of a
bearish trend reversal low. This means the current
bullish trend is likely to continue.
Extreme measures of this trend range
are 65 to 80. This indicator's trend cycle extremes take place every 3 to 6 months.
The vertical
buy and
sell lines will only show a new line if a subsequent
buy or
sell signal has already been generated. For example, the indicator may be showing that it is in the buy range but there will not be a new buy Signal vertical line on the chart if there has not yet been a sell signal.
Sentiment Indicator
[You must be registered and logged in to see this image.]The Sentiment Indicator is currently at 96.89 indicating the sentiment in the stock market is showing extreme complacency. Risk of a long term
bearish trend reversal is extreme. This means the current long term
bullish trend is NOT likely to continue.
Extreme measures of this trend range
are 95 to 100. This indicator's trend cycle extremes take place every 18 to 24 months.
The vertical
buy and
sell lines will only show a new line if a subsequent buy or sell signal has already been generated. For example, the indicator may be showing that it is in the buy range but there will not be a new buy Signal vertical line on the chart if there has not yet been a sell signal.