Subject: Trends and Ranks 13-Dec-2024
no new signals. IBB continues "BEARish" and SMH continues "not yet confirmed".
ROE_GMI (1 thru 25) lost some st-1m gains where 12 of 25 are negative today.
Modern Family Symbol Status ChgD Confirmed Roles: (leading indicators that act as a guide for the stock market macro picture)
S&P 500 ETF Trust SPY Bullish 400 Yes - major player U.S. index fund of 500 market cap-weighted companies
Russell 1000EW ETF EQAL Bullish 374 Yes - gauge the health of 1000 equal-weighted companies within the U.S.
Russell 1000 ETF IWB Bullish 393 Yes - gauge the health of 1000 Giant(45%), Large(32%) & Medium(20%) companies within the U.S.
Russell 2000 ETF IWM Bullish 154 Yes - gauge the health of 2000 Small(55%) & Micro(43%) companies within the U.S.
Transportation ETF IYT Bullish 114 Yes - measure Industry & Manufacture strength - supply and demand
Retail ETF XRT Bullish 85 Yes - measure strength of economy and consumer confidence
Regional Banks ETF KRE Bullish 220 Yes - measure the health of financial system in the U.S.
BioTech ETF IBB BEARish 25 Yes - highly speculated: assesses where money is flowing
SemiConductor ETF SMH Bullish 77 Not Yet - innovation: a major player technology trends
As of (LastD) = 13-Dec-24 More Details: Posted end of month by mapg on the Mechanical Investing board (shrewdm.com)
Market Trends POs(24w) PPO Status MAC(10m) MAC Status DBE(5m) %Off Status CountIF Risk
Intermediate-Term Status (30,120) ChgD Status (TPw,210) ChgD Status Hi(99) ChgD Bullish Gauges
SP600 (IJR) Daily Bullish 5.0% 365 | Bullish 10.8% 371 | Bullish 2.1% 513 | 3 Risk_On |
SP400 (MDY) Daily Bullish 4.6% 368 | Bullish 9.2% 379 | Bullish 1.9% 520 | 3 Risk_On |
SP500EW (RSP) Daily Bullish 3.7% 368 | Bullish 7.6% 380 | Bullish 1.2% 520 | 3 Risk_On |
SP1500 (ITOT) Daily Bullish 4.8% 393 | Bullish 11.4% 401 | Bullish 0.1% 681 | 3 Risk_On |
SP500 (.SPX) Daily Bullish 4.4% 395 | Bullish 10.7% 402 | Bullish 0.1% 681 | 3 Risk_On |
As of (LastD) = 13-Dec-24 --- --- 13-Dec-24 --- --- 13-Dec-24 --- --- --- 13-Dec-24
CountIF(Bullish) = 5 5 5 15 Risk_On
My Rankings 12-Dec-24 1 2 3 4 5 6 7 8 9 10 Buy HTD Sell
1- MAA: Long-Term (BRKB) 1-RRS: ROC(12,6,3,1) FSMAX FXAIX BRK.B FFNOX FBIIX FSPSX FXNAX FUAMX - - -- BRKB --
2- MAA: Multi-Asset ETF's 2-RRS: ROC(12,6,3,1) AOA AOR AOM RLY AOK IYLD - - - - 2 2 2
3- QAA: Market ETF's 3-RRS: ROC(12,6,3,1) PRFZ USRT PRF CMDY IEFA TLT PSQ SDS - - 3 1 4
4- QAA: Enhanced ETF's 4-RRS: ROC(12,6,3,1) LRGF MTUM SIZE QUAL USMV VLUE EFAV COMT - - 3 1 4
6- QEW: Equal-Wt'd ETF's 6-RRS: ROC(12,6,3,1) EUSA EQAL EQWL RSP EDOW QQQE - - - - 2 3 1
5- ROE_GMI (1 thru 10 of 25) 5-RRS: ROC(12,6,3,1) FIX FTNT EME PPC DECK PODD NVDA MSI LII META 12 7 6
5- ROE_GMI (11 thru 20) -- UTHR RMD CLX THC DVA WM IT COR NTAP DKS -- -- --
5- ROE_GMI (21 thru 25) -- A ADBE ZTS QCOM MOH - - - - - -- -- --