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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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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch 🐝🐝🐝 GOLD
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Number: of 21944 
Subject: Re: Coppock Signal
Date: 04/04/23 1:32 PM
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Also any recommended sites that track this for the S&P or particular stocks as I cant seem to find any

Though you could easily do the same calculation for a single stock, but by convention and observation it has no meaning.
The signal was designed to work on the broad index, trying to capture the end of the mood of despair around the end of a bear market.

technical analysis.... voodoo perhaps?

Well, as mentioned in the quote up thread: predicting the market reliably isn't possible. That sort of claim would be voodoo.
But divining times of "more likely to be good" and "more likely to be bad" isn't the least bit difficult.

This particular signal was invented about 60 years ago, with the very modest goals of identifying moments that were above-average times to start long term holds.
It has done that extremely well since then, on average. 60 years is a pretty good pile of out-of-sample statistical validation.
What one does with that information, if anything, is up to the observer.

e.g., during months it has been <=4 months since the last "buy" signal, the S&P has risen at a rate of over inflation+20%/year on average since the signal was published.
The overall return from the S&P since that date has been inflation + 6.5%, pretty much spot on the long run average.

Jim
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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