With the exception of the Past 2 Year Model for the Biotechnology, represented by BIB, all of the models are in a bearish mood. This is due to the fact that the models throw a bear/sell indicator when the aggregate momentum of the stocks in the model go above a specified threshold (over bought condition) and with today's big gap up in almost all stocks this threshold has be surpassed.
Please remember that this indicator is a short term timer, generally one to three weeks.
-----------B U L L I N D I C A T O R S--------------
Single model bull is
Biotechnology, represented by BIB (past 2 year model).
-----------B E A R I N D I C A T O R S--------------
For both models the rest remain bearish:
Technology, based on TECL .
Small Caps based on SAA.
Basic Materials, based on MATL.
Finance, based on FAS. (past year model as of today)
Energy, based on ERX. (past year model as of today)
Retail, based on RETL.
Real Estate, based on DRN. (past year model as of today)
Small Caps based on TNA.
SP 500, based on SPXL. (both models as of today)
Single model bears are
Biotechnology, represented by BIB (past year model).
----------------------------------
Starting in 2013 I will paper trade the 1 year model. See the "What If" page for transactions.
Please remember that this indicator is a short term timer, generally one to three weeks.
-----------B U L L I N D I C A T O R S--------------
Single model bull is
Biotechnology, represented by BIB (past 2 year model).
-----------B E A R I N D I C A T O R S--------------
For both models the rest remain bearish:
Technology, based on TECL .
Small Caps based on SAA.
Basic Materials, based on MATL.
Finance, based on FAS. (past year model as of today)
Energy, based on ERX. (past year model as of today)
Retail, based on RETL.
Real Estate, based on DRN. (past year model as of today)
Small Caps based on TNA.
SP 500, based on SPXL. (both models as of today)
Single model bears are
Biotechnology, represented by BIB (past year model).
----------------------------------
Starting in 2013 I will paper trade the 1 year model. See the "What If" page for transactions.
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