The Blow-Off Stage?

I experienced some "technical difficulties" when attempting to get this report published yesterday morning. Between a new location for files, a new laptop, and the fact I was attempting to publish in the wee hours from a hotel room, well, I'm sorry to say that things just didn't work out. But, time and some technical assistance cured my ills and so we will file this under the category of better late than never. To review, the primary goal of this exercise is to try and remove any subjective notions about what "should" be happening in the market in an attempt to stay in line with what "is" happening in the markets. So, let's get started.

The State of the Trend

We start our review each week with a look at the "state of the trend." These indicators are designed to give us a feel for the overall health of the current short- and intermediate-term trend models.


View Trend Indicator Board Online

Executive Summary:

  • With the S&P 500 closing at yet another all-time high on Friday, it is not surprising to see all of our Trend Models positive this morning.
  • Ditto of the Channel Breakout Systems. P.S. a breakout to new highs represents a renewed buy signal from this trend-oriented system.
  • After being completely out of sync with the trend over the past month and a half, the Cycle Composite is positive this week - but remains choppy for much of the month.
  • The Trading Mode models confirm that the major indices are in a "trending" mode at this time. Feel free to put this one in the "duh" category.

The State of Internal Momentum

Next up are the momentum indicators, which are designed to tell us whether there is any "oomph" behind the current trend.


View Momentum ...

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What Could Go Wrong?

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It Can't Continue, Can It?

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The Daily Decision for 10.23.17 - Leaders +20.4% YTD


The Daily Decision Models:

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An Awful Lot of Green And Upgraded Models

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Should You Wait For Valuations To Improve?

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Actually, you can probably replace the word valuations with any issue ...

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The Daily Decision for 10.16.17 - LEADERS Model +18.8% YTD

How To Use the Daily Decision Models:

The DD is designed to be a simple, easy-to-follow e-letter service offering 3 different model portfolios. The models can be used either on a standalone basis or in combination to create a diversified ...

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Good Enough, But...

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Out of Sync

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The Next Bear Won't Look Like The Last One

Don't look now fans, but the United States is enjoying one of the longest economic expansions in history. In fact, First Trust tells us that if the economy can avoid slipping into recession for the next 18 months, this ...

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