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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Mechanical Investing
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Author: FlyingCircus   😊 😞
Number: of 6131 
Subject: Re: Market Conditions at the turn of the year
Date: 02/27/23 5:25 PM
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No. of Recommendations: 12

Sure
MACD (Daily): Moving Average Convergence/Divergence. Stockcharts link http://schrts.co/gGEanfgf When below 0 short term "demand" is negative/bearish. Very similar to PPO (which may be newer/modernized). It's good at pointing out likely tops (at extreme positive numbers) and bottoms (negative). My history of it has recorded 58 ATH 4/9/19; 21.9 1/18/19; -51 ATL 3/13-20/20 Extensive information available at Stockcharts chartschool. Frequent changes.

PAMA20 - especially on US Small Caps, this is a market breadth indicator - Percent Above Moving Averages (20 days). Best use is as a trend change indicator - when it crosses below 50 it's a warning, but also important as an extremes indicator of contrarian opportunities for aggressive traders. With a 20 day lookback, it's strictly short term. Below 30 is oversold, over 70 is overbought. https://schrts.co/mfFIFuiq

PAMA5D %OFF 21dh: Very short term bearish directional change indicator. PAMA 5 days. When stocks have been mostly positive with a high percentage above 5D MAs over the last 21 days (1 month), when that percentage drops precipitously inside of a week it's an indicator of a short term top. barchart.com - Price history

More to come.
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