No. of Recommendations: 8
Index Name: SP500 R1000EW R2000 Transportation Retail Regional Bank BioTech SemiConductor
Symbol: (daily) .SPX EQAL IWM IYT XRT KRE IBB SMH
As of (LastD) 12-Jan-24 12-Jan-24 12-Jan-24 12-Jan-24 12-Jan-24 12-Jan-24 12-Jan-24 12-Jan-24
Signal_Status* Bullish Bullish Bullish Bullish Bullish Bullish Bullish Bullish
SignalD_Change 09-Nov-23 20-Nov-23 20-Nov-23 20-Nov-23 20-Dec-23 20-Dec-23 09-Jan-24 09-Nov-23
SinceD_Change 64 53 53 53 23 23 3 64
Confirmed Yes Yes Yes Yes Yes Yes Yes Yes
-- -- -- -- -- -- -- -- --
Status_MAC(50) Support Support Support Support Support Support Support Support
Slope(50-DMA) 5.9% 4.6% 5.7% 6.7% 10.7% 14.7% 2.1% 11.9%
Status_MAC(200) Support Support Support Support Support Support Support Support
Slope(200-DMA) 11.4% 0.2% 0.6% 8.2% -1.3% -35.9% -1.8% 33.1%
DMAC(50,200) 4.8% 1.8% 2.2% 3.5% 5.3% 9.2% -0.6% 10.5%
-- -- -- -- -- -- -- -- --
LastD_Price 4783.83 43.30 193.23 257.46 68.82 50.39 137.13 172.95
50-DMA 4601.27 41.83 186.18 248.67 66.67 47.85 126.12 164.09
200-DMA 4389.09 41.11 182.25 240.32 63.32 43.83 126.87 148.50
-- -- -- -- -- -- -- -- --
# Signals /Yr 5 6 8 9 7 4 15 3
# BuyD /Yr 217 127 131 155 82 16 113 226
# NeutralD /Yr 0 20 22 30 31 29 32 0
# SellD /Yr 35 105 99 67 139 207 107 26
% BuyD /Yr 86% 50% 52% 62% 33% 6% 45% 90%
-- -- -- -- -- -- -- -- --
52wL(Daily) 3855.76 37.43 162.21 211.21 56.84 36.08 112.41 110.10
52wH(Daily) 4783.83 44.80 204.82 267.12 74.47 64.79 139.39 175.86
% Off_52wH NH 3% 6% 4% 8% 29% NH 2%
LastD_52wH 12-Jan-24 02-Feb-23 27-Dec-23 31-Jul-23 02-Feb-23 07-Feb-23 08-Jan-24 27-Dec-23
SinceD_52wH 0 344 16 165 344 339 4 16
--- --- --- --- --- --- --- --- ---
Modern Family: Symbol: Status:* Confirmed: Roles: (leading indicators that act as a guide for the stock market macro picture)
S&P 500 Index .SPX Bullish Yes - major U.S. market index
Russell 1000EW EQAL Bullish Yes - gauge the health of many Large-Mid companies within the U.S.
Russell 2000 IWM Bullish Yes - gauge the health of many Small-Micro companies within the U.S.
Transportation IYT Bullish Yes - measure Industry & Manufacture strength - supply and demand
Retail XRT Bullish Yes - measure strength economy and consumer confidence
Regional Banks KRE Bullish Yes - measure the health of financial system in the U.S.
BioTech IBB Bullish Yes - highly speculated: assesses where money is flowing
SemiConductor SMH Bullish Yes - innovation: a major player technology trends
As of (LastD) --- 12-Jan-24 12-Jan-24 ---
The "Economic Modern Family" (@MarketGauge.com) is a combination of one market index and 5 varying sectors & groups for "Market Analysis".
Trend indicators that give you an overall weekly gauge of how aggressive or not to be on the long or short side.
*My "Modern Family" signals(3) are not strictly identical to the (@MarketGauge.com) "Phases Tutorial"(6).
Market Phases Rev 5-Jan-2024
- "BEARish" phase when the closing price is below the 50-Day OR 200-Day moving averages for at least 5 days, while slope(MA) is Negative.(1o2)
- "Bullish" phase when the closing price is above the 50-Day OR 200-Day moving averages for at least 5 days, while either slope(MA) is Positive.(2o4)
- "Cautionary Warning" phase when the phases are NOT "BEARish" OR "Bullish".
- "Support" is the level(floor) at which demand is strong enough to stop the stock from falling any further. (MAC positive 5d)
- "Resistance" is the level(ceiling) at which supply is strong enough to stop the stock from moving higher. (MAC negative 5d)
- "Confirmed" is when MAC(50) AND Slope(50-DMA) AND "Signal Status" phase agree.
GD_
