Page 668 of 675 FirstFirst ... 168568618658666667668669670 ... LastLast
Results 8,005 to 8,016 of 8090

Thread: coolhand's Account Talk

  1. #8005

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,559
    Blog Entries
    1156

    Default Re: coolhand's Account Talk

    The rally may have faded a bit today, but it still closed with good gains.

    SPX.png
    DWCPF.png

    I note that both charts show price probing fresh all-time highs today, but neither was able to close at that level. However, this market could propel past resistance (we're still in a bull market after all). I suspect it will, but I'm not sure the market is ready for it just yet. Momentum is starting to turn back up on the DWCPF, but is still flat on the S&P.

    NYAD.png

    Cumulative breadth is looking better and remains bullish. This signal has been bullish for more than 2 months now.

    I went neutral earlier this week because of the transition from one year to the next and the fact that the indexes were struggling a bit (especially the DWCPF). Now, we have a 2-day rally that has retraced a good portion of previous losses, which makes me wonder if the rally if ready to now continue. NAAIM was moderately bullish and if the market continues to bias higher they are likely to remain that way when we see the latest sentiment reading tomorrow.

    I'll stay neutral for now.

  2.  
  3. #8006

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,559
    Blog Entries
    1156

    Default Re: coolhand's Account Talk

    NAAIM came in more bullish today. I'm going from neutral back to bullish now.

  4.  
  5. #8007

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,559
    Blog Entries
    1156

    Default Re: coolhand's Account Talk

    Yesterday, I said that while the market was probing all-time highs it wasn't able to close at those levels. I also said I wasn't sure if the market was ready to do such, but that I did expect it to happen at some point. Today, the market left little doubt where it wants to go as the bulls ran rampant over the bears.

    SPX.png
    DWCPF.png

    The charts sure look like they are breaking out the upside again. The DWCPF wasted no time getting overbought once more. We know what happened the last time it got overbought. It stayed that way for about 5 weeks (not saying we are about to see a repeat of sorts, but hey, you never know). Momentum is moving higher on both charts now.

    NYAD.png

    Cumulative breadth moved higher, of course and remains bullish.

    The big news is that NAAIM, which was already moderately bullish, got more bullish. What's not to like if you're a bull?

    I have moved from neutral to bullish today.

  6.  
  7. #8008

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,559
    Blog Entries
    1156

    Default Re: coolhand's Account Talk

    The market had another good week, last week. Especially the S fund.

    SPX.png
    DWCPF.png

    I don't know how long these indexes can keep powering higher, but they remain bullish. Friday's action saw both indexes hit fresh all-time highs. There is no resistance above on either chart either. Momentum is rising on both charts and both are also overbought.

    NYAD.png

    Cumulative breadth remains bullish.

    My indicators remain bullish and that includes the smart money, of course.

    I remain bullish.

  8.  
  9. #8009

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,559
    Blog Entries
    1156

    Default Re: coolhand's Account Talk

    It was a negative day for the S&P 500 and a neutral day for the DWCPF. The action changed nothing.

    SPX.png
    DWCPF.png

    Price remains quite elevated on both charts. Momentum is still pointed up.

    NYAD.png

    Cumulative breadth fell a bit today, but remains bullish.

    It may be uncomfortable holding stocks for some folks right now, given current events, but the indicators are what matters and they still point up. This remains a bull market until it isn't. If the smart money backs off, so will I, but they are pretty solidly bullish as of last Thursday.

    I remain bullish.

  10.  
  11. #8010

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,559
    Blog Entries
    1156

    Default Re: coolhand's Account Talk

    The DWCPF hit a fresh all-time high today, tacking on about 1.5%. The S&P closed slightly above the neutral line.

    SPX.png
    DWCPF.png

    While the S&P didn't follow the DWCPF higher today, it's still biased to the upside. Momentum is pointing up on both charts, but the DWCPF has been leading for some time now.

    NYAD.png

    Cumulative breadth remains very bullish.

    The indicators haven't changed. They are bullish, so I remain bullish.


  12.  
  13. #8011

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,559
    Blog Entries
    1156

    Default Re: coolhand's Account Talk

    The market was mixed today, trading up and down through the day.

    SPX.png
    DWCPF.png

    No changes to the charts. Market character has not changed, so the trend obviously remains up.

    NYAD.png

    Cumulative breadth dipped on the day, but remains bullish.

    NAAIM reports tomorrow. I remain bullish.

  14.  
  15. #8012

    Default Re: coolhand's Account Talk

    The NAAIM reading seems really bullish.

  16.  
  17. #8013

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,559
    Blog Entries
    1156

    Default Re: coolhand's Account Talk

    Quote Originally Posted by Happy_Trails View Post
    The NAAIM reading seems really bullish.
    Yes. It's up there. Looks like the trend will remain to the upside.

  18.  
  19. #8014

    Join Date
    May 2007
    Location
    Washington State
    Posts
    142

    Default Re: coolhand's Account Talk

    Wow - THX for the update info Mr. CH! I'm conservative investing wise these days (close to retiring) and uncomfortable generally with the prices of equities & potential bubble(s) these days... yet was going to perhaps IFT more to equities but missed the deadline this morning. I read the market it so bullish in recent years, now and likely more for future due to the FED, liquidity pumping -- no where else to put $s to try to make some capital gains these days.

  20.  
  21. #8015

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,559
    Blog Entries
    1156

    Default Re: coolhand's Account Talk

    We got another choppy day with a mixed close. Once again, small caps are leading the pack.

    SPX.png
    DWCPF.png

    We got a fresh all-time closing high on the DWCPF, while the S&P was down and has been dancing sideways over the past days. Momentum is rising on the DWCPF and is hinting at falling on the S&P, but I am not anticipating a ton of downside on the S&P. Historically, when small caps are doing well it bodes well for the economy and market overall. Still, some sectors may not fare well even in a bull market.

    NYAD.png

    Breadth is still stretching to the upside and remains bullish.

    NAAIM came in more bulled up today and is now about as bullish I've ever seen them.

    I remain bullish, especially for the DWCPF.

  22.  
  23. #8016

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,559
    Blog Entries
    1156

    Default Re: coolhand's Account Talk

    The market closed mixed on the week, last week. The S fund posted a decent gain, while the C fund posted a sizable loss.

    SPX.png
    DWCPF.png

    We can still see that the S&P is struggling to maintain altitude, but it is still a bullish chart with price not all that far from the peak. The DWCPF dipped Friday (as did the S&P), but price remains much closer to its peak. Momentum is turned down a bit on both charts. All in all, technical damage is quite contained to this point.

    However, we have a week coming up that promises to have potentially market moving headlines. That doesn't mean it's
    bullish or bearish, just potentially market moving in one direction or the other (or both).

    NYAD.png

    Cumulative breadth dipped on Friday, but the signal remains bullish.

    TSP Talk sentiment came in pretty bulled again, but the smart money is also bulled up. This is bullish overall.

    I remain bullish, but will be watching this week closely for signs of potential trouble.

  24.  
Page 668 of 675 FirstFirst ... 168568618658666667668669670 ... LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
SPY (C Fund) (delayed)
coolhand's Account Talk
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
coolhand's Account Talk
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
coolhand's Account Talk
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
coolhand's Account Talk
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes