Saturday, June 27, 2015

Greece's Dips Are Buying Oppertunities

SGS Market Timer Status:   LONG 
LONG as of close of 3/16/2015
 
RTS Current Portfolio (2015)
Updated for recent dividend payments 

Again NAZ and RUT put in new all time highs this week.  SPX would have followed suit had not been for the Greek situation.  I believe the EU and Greece will reach an agreement soon, but not before a few panicky days during which SPX could easily test support at 2072 and 2055 (200 D-SMA).

The Greek panic would be an excellent buying opportunity.   My plan is to do my fourth and final buy into the panic this coming week.
 

SPX: S&P 500 Index    D-SMA: Daily - Simple Moving Average
DJI: Dow Jones Industrial Index    D-EMA: Daily - Exponential Moving Average
DJT: Dow Jones Transportation Index    PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index    PUL: Primary Uptrend Line
RUT: Russell 2000 Index    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend Line
NDX: Nasdaq 100 Index    DTL: Dynamic Trend Line 

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.
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Sunday, June 21, 2015

New All Time Highs Are Coming Up

SGS Market Timer Status:   LONG 
LONG as of close of 3/16/2015
 
RTS Current Portfolio (2015)

NAZ and RUT put in new all time highs last week.  Chances are excellent that SPX follows suit this week.  SPX confirmed a double bottom (2072) on Thursday.  The objective for that double bottom pattern is around 2160 which would be a new all time high for SPX.


SPX: S&P 500 Index    D-SMA: Daily - Simple Moving Average
DJI: Dow Jones Industrial Index    D-EMA: Daily - Exponential Moving Average
DJT: Dow Jones Transportation Index    PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index    PUL: Primary Uptrend Line
RUT: Russell 2000 Index    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend Line
NDX: Nasdaq 100 Index    DTL: Dynamic Trend Line 

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.
on

Sunday, June 14, 2015

Correction In Time Is Over

SGS Market Timer Status:   LONG 
LONG as of close of 3/16/2015
 
RTS Current Portfolio (2015)


Powerful bull markets correct in price, time or price and time.  After a significant rise over an extended period, an index or a stock often corrects in time.  The time duration over which an index or a stock trades in a relatively narrow price range is commonly known as the "consolidation" period.  What follows a consolidation period is continuation of the underlying trend.

After rising significantly over the course of last five and half years, all major indices have entered into an extended consolidation period and have corrected in time.  Chances are excellent that the underlying uptrend resumes once indices break out of the current trading range in the next couple of weeks.


SPX: S&P 500 Index    D-SMA: Daily - Simple Moving Average
DJI: Dow Jones Industrial Index    D-EMA: Daily - Exponential Moving Average
DJT: Dow Jones Transportation Index    PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index    PUL: Primary Uptrend Line
RUT: Russell 2000 Index    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend Line
NDX: Nasdaq 100 Index    DTL: Dynamic Trend Line 

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.
on

Monday, June 8, 2015

Indices Are Oversold

SGS Market Timer Status:   LONG 
LONG as of close of 3/16/2015 

RTS Current Portfolio (2015)

Chances are good that SPX rallies this week to test its ADL and PDL.


SPX: S&P 500 Index    D-SMA: Daily - Simple Moving Average
DJI: Dow Jones Industrial Index    D-EMA: Daily - Exponential Moving Average
DJT: Dow Jones Transportation Index    PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index    PUL: Primary Uptrend Line
RUT: Russell 2000 Index    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend Line
NDX: Nasdaq 100 Index    DTL: Dynamic Trend Line 

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.
on

Tuesday, June 2, 2015

SPX To Test Its 50 D-SMA Again

SGS Market Timer Status:   LONG 
LONG as of close of 3/16/2015 

RTS Current Portfolio (2015)

SPX is to test its 50 D-SMA and AUL around 2100 this week, very likely today.  A daily close below 2100 this week would signal more selling.


SPX: S&P 500 Index    D-SMA: Daily - Simple Moving Average
DJI: Dow Jones Industrial Index    D-EMA: Daily - Exponential Moving Average
DJT: Dow Jones Transportation Index    PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index    PUL: Primary Uptrend Line
RUT: Russell 2000 Index    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend Line
NDX: Nasdaq 100 Index    DTL: Dynamic Trend Line 

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.
on
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