Post #529 by Baltassar on the Mechanical Investing board

If someone appears to be repeatedly personal, lean towards patience as they might not mean offense. If you are sure, however, then do not deepen the problem by being negative; instead, simply place them on ignore by clicking the unhappy yellow face to the right of their name.

- Manlobbi

Investment Strategies / Mechanical Investing

Unthreaded | Threaded | Whole Thread (17)

Prev | Next

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 8

By the tiniest of margins, but yes.

On the other hand, DBE takes another step up.

I don't second-guess mechanical indicators. But if there's cause for concern about the general state of the market, it's lack of breadth, rather than performance of top-heavy indices like the S&P or Nasdaq. Almost 60% of QQQ's value is accounted for by its ten largest holdings. If you look at NHNL (Stockcharts version) over the last three years, you can see that participation has been narrowing for quite a while.

https://schrts.co/qmHZgHkH

Other similar measures tell the same story.

Baltassar

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (17)

Prev | Next

Announcements

Mechanical Investing FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.