No. of Recommendations: 6
No new signal yet.
Modern Family continues one "Beariish" and five "not yet confirmed".
The week ended with some losses but partially recovered after a good first two days of the new year.
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 421 Yes - major player U.S. index fund of 500 market cap-weighted companies
Russell 1000EW ETF EQAL Bullish 395 Not Yet - gauge the health of 1000 equal-weighted companies within the U.S.
Russell 1000 ETF IWB Bullish 414 Yes - gauge the health of 1000 Giant(45%), Large(32%) & Medium(20%) companies within the U.S.
Russell 2000 ETF IWM Bullish 175 Not Yet - gauge the health of 2000 Small(55%) & Micro(43%) companies within the U.S.
Transportation ETF IYT Bullish 135 Not Yet - measure Industry & Manufacture strength - supply and demand
Retail ETF XRT Bullish 106 Yes - measure strength of economy and consumer confidence
Regional Banks ETF KRE Bullish 241 Not Yet - measure the health of financial system in the U.S.
BioTech ETF IBB BEARish 46 Yes - highly speculated: assesses where money is flowing
SemiConductor ETF SMH Bullish 98 Not Yet - innovation: a major player technology trends
As of (LastD) = 03-Jan-25 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 2.0% 386 | Bullish 2.4% 392 | Bullish 9.7% 534 | 3 Risk_On |
SP400 (MDY) Daily Bullish 2.1% 389 | Bullish 2.5% 400 | Bullish 8.0% 541 | 3 Risk_On |
SP500EW (RSP) Daily Bullish 1.6% 389 | Bullish 2.3% 401 | Bullish 5.7% 541 | 3 Risk_On |
SP1500 (ITOT) Daily Bullish 3.5% 414 | Bullish 6.8% 422 | Bullish 2.5% 702 | 3 Risk_On |
SP500 (.SPX) Daily Bullish 3.4% 416 | Bullish 6.9% 423 | Bullish 1.6% 702 | 3 Risk_On |
As of (LastD) = 03-Jan-25 --- --- 03-Jan-25 --- --- 03-Jan-25 --- --- --- 03-Jan-25
CountIF(Bullish) = 5 5 5 15 Risk_On
My Rankings 03-Jan-25 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) FXAIX FSMAX BRK.B FFNOX FBIIX FXNAX FSPSX FUAMX - - -- BRKB --
2- MAA: Multi-Asset ETF's 2-RRS: ROC(12,6,3,1) AOA AOR AOM AOK RLY IYLD - - - - 0 2 4
3- QAA: Market ETF's 3-RRS: ROC(12,6,3,1) PRFZ USRT PRF CMDY IEFA TLT PSQ SDS - - 0 2 6
4- QAA: Enhanced ETF's 4-RRS: ROC(12,6,3,1) LRGF MTUM QUAL SIZE USMV VLUE EFAV COMT - - 2 2 4
6- QEW: Equal-Wt'd ETF's 6-RRS: ROC(12,6,3,1) EUSA EQWL EQAL EDOW RSP QQQE - - - - 0 4 2
5- ROE_GMI (1 thru 10 of 25) 5-RRS: ROC(12,6,3,1) FIX FTNT PODD EME NVDA DECK PPC MSI UTHR META 6 11 8
5- ROE_GMI (11 thru 20) -- LII WAT DKS RMD CLX THC IT NTAP WM A -- -- --
5- ROE_GMI (21 thru 25) -- QCOM ZTS MOH LRCX ADBE - - - - - -- -- --
GD_
