The Last Two Models Go To The Bear Side

Using the 1 PM numbers as closing number the following models have gone bearish: SP 500, based on SPXL, and Finance, based on FAS.

If the numbers hold up after today's close the ETFs will be sold  (paper wise, see What If page for history) sometime Monday afternoon.

Score: 0 Bulls and 10 Bears -

----------- T H E   B U L L S --------------- 

----------- T H E   B E A R S -------------- 

• SP 500, based on SPXL. 
• Finance, based on FAS
• Biotechnology, represented by BIB
• Energy, based on ERX
• Mid Caps based on MIDU
• Retail, based on RETL
• Technology, based on TECL
• Small Caps based on TNA
• Russell 2000 represented by  URTY
• Real Estate, based on DRN

Several Models Get Bearish

Using the 3PM numbers as closing number the following models have gone bearish: Biotechnology, represented by BIB, Energy, based on ERX, Mid Caps based on MIDU, Retail, based on RETL, Technology, based on TECL,  Small Caps based on TNA, and Russell 2000 represented by  URTY.   This leaves only 2 models in a bullish situation.

If the numbers hold up after the close the ETFs will be sold  (paper wise, see What If page for history) sometime Friday afternoon.

Score: 2 Bulls and 8 Bear -

----------- T H E   B U L L S ---------------

• SP 500, based on SPXL. 
• Finance, based on FAS.   

----------- T H E   B E A R S -------------- 

• Biotechnology, represented by BIB
• Energy, based on ERX
• Mid Caps based on MIDU
• Retail, based on RETL
• Technology, based on TECL
• Small Caps based on TNA
• Russell 2000 represented by  URTY
• Real Estate, based on DRN

Short Term Model For Real Estate Goes Bearish.

Just when all models go bullish, as of this past Thursday, the Real Estate model which is based on DRN has given a sell signal.

The ETF will be sold  (paper wise, see What If page for history) sometime Tuesday afternoon.

Score: 9 Bulls and 1 Bear -

----------- T H E   B U L L S ---------------

• SP 500, based on SPXL. 
• Energy, based on ERX.
• Biotechnology, represented by BIB.
• Mid Caps based on MIDU.
• Small Caps based on TNA. 
• Russell 2000 represented by  URTY
• Retail, based on RETL.
• Technology, based on TECL.
• Finance, based on FAS.   

----------- T H E   B E A R S -------------- 

 

• Real Estate, based on DRN

SP 500 Model Now Says Buy

The last model to be bearish is now bullish.  The SP 500 model, which uses the  SPXL. ETF has joined the rest to indicate a short-term buying opportunity.

The ETF will be purchased (paper wise, see What If page for history) sometime this afternoon.

Score: 10 Bulls and 0 Bears -

----------- T H E   B U L L S ---------------

• SP 500, based on SPXL. 
• Energy, based on ERX.
• Biotechnology, represented by BIB.
• Mid Caps based on MIDU.
• Small Caps based on TNA. 
• Russell 2000 represented by  URTY
• Retail, based on RETL.
• Technology, based on TECL.
• Finance, based on FAS.    
• Real Estate, based on DRN

----------- T H E   B E A R S -------------- 

With Today's Sell-Off Almost All Models Say 'Buy'

Update (as of 5.23.2013 5:00 AM) the SP500 model based on SPXL does not give a BUY signal.


Using the 3PM numbers as closing numbers all  the models that were in bear mode are now bullish:

Energy, based on ERX, Biotechnology, represented by BIB, Mid Caps based on MIDU, Small Caps based on TNA,  Russell 2000 represented by  URTY, SP 500, based on SPXL,  Retail, based on RETL and  Technology, based on TECL.

Finance and Real Estate have been bullish since the last posting.

If the overnight updates to the database revise any of these models then I will revise this post.  And if this all holds out then the ETFs will be purchased (paper wise, see What If page for history) sometime tomorrow afternoon.

Score: 9 Bulls and 1 Bears -

----------- T H E   B U L L S ---------------

• Energy, based on ERX.
• Biotechnology, represented by BIB.
• Mid Caps based on MIDU.
• Small Caps based on TNA. 
• Russell 2000 represented by  URTY
• Retail, based on RETL.
• Technology, based on TECL.
• Finance, based on FAS.    
• Real Estate, based on DRN

----------- T H E   B E A R S -------------- 

•  SP 500, based on SPXL. 

Several Models Say Sell

Using the 3PM numbers as closing numbers the following models went into bear mode:

Energy, based on ERX, Biotechnology, represented by BIB, Mid Caps based on MIDU, Small Caps based on TNA, and  Russell 2000 represented by  URTY. 
 

This is expected since the models trade for the short-term and usually indicate overbought/oversold situations. And with today's big jump in the overall market they are bailing out.

Based on these  results, the paper account will sell the 5 ETFs sometime Monday.

If the overnight updates to the database revise any of these models then I will revise this post.

Score: 2 Bulls and 8 Bears -

----------- T H E   B U L L S ---------------

• Finance, based on FAS.    

• Real Estate, based on DRN

----------- T H E   B E A R S -------------- 

• Energy, based on ERX.
• Biotechnology, represented by BIB.
• Mid Caps based on MIDU.
• Small Caps based on TNA. 
• Russell 2000 represented by  URTY
• SP 500, based on SPXL.
• Retail, based on RETL.
• Technology, based on TECL.

7, not 9, Of The Models Say Buy.

Using the adjusted overnight numbers only 7 of the models are reporting bullish indicators.  Yesterday afternoon, Retail and Technology were bullish, but not so this morning.

Based on these  results, the paper account will purchase the 7 ETFs sometime Thursday.

Score: 7 Bulls and 3 Bears -

----------- T H E   B U L L S ---------------

• Finance, based on FAS.    

• Small Caps based on TNA.

• Real Estate, based on DRN

• Biotechnology, represented by BIB.

• Energy, based on ERX.

• Mid Caps based on MIDU.

• Russell 2000 represented by  URTY
  

----------- T H E   B E A R S -------------- 

• SP 500, based on SPXL.
• Retail, based on RETL.
• Technology, based on TECL.