Tag Archives: breakout

SP500 Index Market Timing: This rally will be intact if…

The current rally in the SP500 index will be intact if these corroborating market timing signals hold into today’s close: The banking index (BKX) can close at a new recent high above 54.87 The small and midcaps can also close … Continue reading

Posted in investment, Market timing, S&P 500 Index, trading, Uncategorized | Tagged , , , , | Leave a comment

SP500 Index Market Timing: Will the Ice Hold?

The SP500 index is at 1303.51, just barely above the breakout number of (and write this one down) 1302.67. It needs to close above there and keep moving for this last breakout to hold. The question is whether the ice … Continue reading

Posted in investment, Market timing, S&P 500 Index, trading | Tagged , , , , | Leave a comment

SP500 Market Timing: How much of a breakout is enough?

Well, the SP500 index DID break out above the wedge (bearish market timing signal) that I wrote about in last weekend’s SP500Tracker™. But not by much. We are at this moment (3:17 pm ET) just 3.22 points above the breakout … Continue reading

Posted in Market timing, S&P 500 Index | Tagged , , , | Leave a comment

SP500 Index Market Timing: Time to Buy? No. Here’s Why.

The SP500 has simply done a layup to the last overhead resistance. You can see it clearly on the chart in my SP500Tracker™ out this past Sunday (see link below). When a market simply goes back up to the prior … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

Maintain Profits in the Housing Index (HGX)

OK, it may be time to hold your nose and smile, considering the nice gain we’ve had since I recommended this investment.    Smile but preserve your profits. Resistance is far from us date-wise at 116.81, the high way back … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

Philly Housing Index Breakout

Just Tweeted that we had a buy last night at the close of the HGX index. Housing is one of those “stinkers” that may make you money. The stinkers are rallying, so buy in scale but do hold your nose … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment