HOTLINE 11-24-2023 Tiger Software (C) 2023
Look
for an email on Saturday
giving
the new Hotline Address
to
start early Monday morning.
Click Refresh
==============
Charts in focus not ready yet.
---> http://tigersoft.com/INFOCUS/11-22-2023/INDEX.htm
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Recent Peerless Hotlines www.tigersoftware.com/zebra/index.htm
http://tigersoftware.com/707/oldindex.htm
www.tigersoftware.com/sage22/INDEX.htm
www.tigersoftware.com/dante43/INDEX.htm
www.tigersoftware.com/5HLM/INDEX.htm
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The Hotline's price is still $440 for a year. The Data Page for a year
is now $240.
Visa or MC Credit Cards remain a problem. The banks are declining too
many
cards even when the card numbers we enter are correct. So, while we can take cards,
we may ask you to call your bank to let the charge go through.
William Schmidt, 5834 Kantor STREET, San Diego, CA 92122.
william_schmidt@hotmail.com
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HELP
Individual Peerless signals explained:
http://tigersoftware.com/PeerlessStudies/Signals-Res/index.htm
Explanation of each Peerless signal
http://www.tigersoft.com/PeerInst-2012-2013/
Different Types of TigerSoft/Peerless CHARTS, Signals and Indicators
Documentation for TigerSoft Automatic and Optimized Signals.
How reliable support is the DJI's rising 200-day ma?
SPY Charts since 1994: Advisory Closing Power S7s, Accum. Index, 65-dma
http://www.tigersoftware.com/SPY-book-1989-2023/SPY-Book.htm
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New Free Book - DJI History by Decade: 1950-2020: Technicals, Signals and Events
Events will be added soon for each decade. See 1950-1960 now..
Emphasis is on how FED and also political events shaped market trends.
1950 to 1959-1960 http://tigersoftware.com/z/HISTORY/1950s/decade.htm
1960 to 1969-1970 http://tigersoftware.com/z/HISTORY/1960s/deca-60s.htm
1970 to 1979-1980 http://tigersoftware.com/z/HISTORY/1970s/deca-70s.htm
1980 to 1989-1990 http://tigersoftware.com/z/HISTORY/1980s/decad80s.htm
1990 to 1999-2000 http://tigersoftware.com/z/HISTORY/1990s/deca-90s.htm
2000 to 2009-2010 http://tigersoftware.com/z/HISTORY/2000s/d-2000s.htm
2010 to 2019-2020 http://tigersoftware.com/z/HISTORY/2010s/d-2010s.htm
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Trading SPY with Tigersoft: 1986-2023 ---
http://www.tigersoftware.com/SPY-book-1989-2023/SPY-Book.htm
Market Top of August 1937.
www.tigersoftware.com/years/1937/1937.htm
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11-24-2023 Friday 12:40 DJI futures +30
NASDAQ futures + T
11-22-2023
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Nightly
Hotline We have no Peerless Sell. So, since DIA's Closing Power is still rising and there is no break in the rising NYSE A/D Line or the uptrends of rate-sensitive Bonds and Big Banks, let the DJI move up, most likely to 35800-36000. But NVDA's stellar earnings brought on a wave of profit-taking. This has stopped the advance in the NASDAQ and QQQ if not MSFT and AAPL in the DJI-30. As a result, the Rel. Strength Quotient uptrend-lines for the NASDAQ and QQQ have been violated. If their Closing Powers turn down on Friday, it will likely warn us that they will be pulling back from their nominal new highs. But their Relative Strength has been so good, they may simply be pausing. So, we need more evidence from the Closing Power of a trend-break. Watch SPY's uptrends here, too. They are in danger of being broken. There are still not enough new lows or bearish MINCPs for us to advise doing hedging. Until the QQQ and NASDAQ fall back within their +/-5% bands, I would not quite trust their RSQ trendbreaks. |
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11/22/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs Bullish MAXCPs http://tigersoft.com/upping/11-22-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-22-2023/Bearish.htm |
Table 1
11/22/23
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Table 2 TIGER QUICKSILVER on ETFS - 11/22/2023 --- Bullish = 2 TECL, COPPER Bearish = 2 OIH DOLLAR ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 352.56 1.74 350.02 32.7% Bullish BLUE .173 ---- ------ --------------------------------------------------------------------------------------------- COMPQX 14265.86 65.88 14113.67 57.2% Bullish RED .234 .015 .249 --------------------------------------------------------------------------------------------- SPY 455.02 1.75 450.23 59.1% Bullish BLUE .2 .002 .202 --------------------------------------------------------------------------------------------- QQQ 390.06 1.59 385.95 57.3% Bullish RED .205 .025 .23 --------------------------------------------------------------------------------------------- MDY 466.2 2.7 459.75 16.2% Bullish BLUE .033 -.023 .01 --------------------------------------------------------------------------------------------- IWM 178.13 1.11 175.88 -18% Bearish RED .02 -.044 -.024 --------------------------------------------------------------------------------------------- FAS 68.39 .78 65.97 216.4% Bullish BLUE .143 .002 .145 --------------------------------------------------------------------------------------------- RETL 6.29 -.02 5.76 -112.5% ------- ---- .136 .017 .153 --------------------------------------------------------------------------------------------- SOXL 23 .16 22.72 80.1% Bullish RED .108 .066 .174 --------------------------------------------------------------------------------------------- TECL 59.68 .76 58.33 187.6% Bullish RED .231 .197 .428 --------------------------------------------------------------------------------------------- IBB 118.72 .75 117.03 29.2% ------- BLUE .022 -.083 -.061 --------------------------------------------------------------------------------------------- GLD 184.56 -.79 183.69 79.5% Bullish RED -.001 .025 .024 --------------------------------------------------------------------------------------------- DBO 15.78 -.19 14.98 19.2% ------- BLUE .017 -.12 -.103 --------------------------------------------------------------------------------------------- OIH 313.06 -1.81 309.23 -128.6% ------- BLUE -.12 -.134 -.254 --------------------------------------------------------------------------------------------- CPER 23.55 -.18 23 89.9% Bullish BLUE .274 -.009 .265 --------------------------------------------------------------------------------------------- TAN 46.06 .02 45.48 -63.9% Bullish RED .012 -.189 -.177 --------------------------------------------------------------------------------------------- UUP 29.34 .1 29.46 -17% Bearish ---- -.266 -.015 -.281 --------------------------------------------------------------------------------------------- CORN 22.14 -.04 22.27 2.3% Bullish ---- -.029 -.018 -.047 --------------------------------------------------------------------------------------------- WEAT 5.65 .04 5.6 -26.8% Bullish ---- .017 -.063 -.046 --------------------------------------------------------------------------------------------- YINN 26.76 .27 26.43 -598.5% Bullish RED .115 -.162 -.047 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/22/23 Bullish = 38 Bearish = 10 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COPPER 1 1 .714 .714 .714 .857 BONDFUND .885 .873 .885 .908 .873 .712 REGBANKS .868 .868 .921 .894 .842 .921 BIGBANKS .857 .857 .857 1 .714 .714 ===== HOMEBLDG .857 .821 .821 .821 .821 .821 MILITARY .84 .84 .88 .8 .76 .76 FINANCE .835 .835 .822 .797 .759 .772 EDU .833 .833 .666 .666 .666 .666 ETFS .811 .811 .886 .849 .773 .849 INSURANC .807 .769 .692 .692 .653 .653 INFRA .741 .774 .741 .774 .677 .709 DOWJONES .733 .666 .7 .7 .766 .8 ===== GAMING .722 .722 .722 .777 .722 .722 NIFTY .72 .697 .744 .72 .697 .767 HIGHPRIC .71 .666 .692 .671 .649 .692 DJI-13 .692 .692 .692 .692 .769 .769 UTILITY .692 .666 .641 .692 .692 .692 GOLD .69 .714 .619 .595 .619 .476 RETAIL .688 .711 .733 .711 .622 .8 NASD-100 .67 .67 .7 .66 .65 .69 ===== COAL .666 .5 .5 .666 .333 .5 SOFTWARE .666 .645 .604 .625 .645 .666 FIDSTKS .65 .633 .65 .633 .597 .644 SP500 .643 .619 .619 .615 .588 .623 GUNS .642 .642 .642 .642 .571 .571 INDEXES .637 .627 .627 .578 .562 .589 SP-100 .633 .6 .577 .588 .577 .6 RUS-1000 .618 .587 .604 .594 .561 .606 INDMATER .594 .55 .536 .579 .507 .536 CHEM .581 .558 .581 .604 .558 .581 SEMI .571 .549 .571 .549 .549 .549 GREEN .555 .5 .5 .5 .5 .5 ELECTRON .553 .53 .53 .507 .53 .546 COMODITY .552 .552 .526 .526 .526 .526 HOSPITAL .538 .384 .461 .307 .307 .307 FOOD .527 .527 .5 .472 .472 .5 EAT .512 .512 .585 .609 .56 .609 REIT .512 .504 .561 .52 .495 .57 ============================================================================================= BEVERAGE .5 .5 .5 .5 .428 .5 MARIJUAN .5 .4 .4 .4 .2 .3 ============================================================================================= HACKERS .466 .466 .533 .533 .466 .6 COMPUTER .45 .45 .45 .45 .45 .5 TRANSP .421 .421 .421 .421 .368 .473 BIOTECH .403 .37 .383 .37 .307 .332 AUTO .388 .37 .388 .333 .277 .444 CHINA .341 .39 .439 .365 .292 .512 JETS .333 .333 .416 .333 .25 .333 OILGAS .309 .278 .298 .288 .226 .278 LOWPRICE .299 .296 .296 .287 .258 .26 SOLAR .125 .062 .125 .062 .062 .062 |
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11-22-2023 Wedneday 6:00 DJI futures +26
NASDAQ futures +62
Nightly Hotline NVDA's earnings jumped to a level 7x what is was for the comparable quarter a year ago. Conservative Barrons just now called NVDA a "must have", as a result. The wait for NVDA's earnings' report is now over. Its wondrous results can bring new nourishment to lots of other techs and semi-conductors, as one after another, they make new yearly highs. Even if China is "black-listed" by the US Gov't., the earnings jump here crushes all expectations and what is considered normal. This should send the techs much higher in the light trading of Thanksiving. We just don't see any signs that a top is being made. Besides the rising Opening Powers, Closing Powers and Relative Strength lines in the leading techs and their ETFs, we also see a rising NYSE A/D Line, a rising trend for Big Banks, and Bonds. Until these break their uptrends, the market should go higher, as signalled by the Peerless Buy B2s and the take-off Buy B12. The FED is bound to be cautious in its speeches. I would not be concerned at this point by them, certainly not while the PST short on the 10-year rates keeps sinking more and more below its 65-dma. We are blessed with a very bullish looking market. We have much to be thankful for this Thanksgiving. Have a super holiday. There will be a brief Hotline Thursday night. Look for an email on Saturday giving the new address to start on Monday. |
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11-21-2023
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11/21/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs Bullish MAXCPs http://tigersoft.com/upping/11-21-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-21-2023/Bearish.htm |
Table 1 - Breadth and Volume Statistics
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Table 2 TIGER QUICKSILVER on ETFS - 11/21/2023 --- Bullish = 2 COMPQX, QQQ, SOXL, TECL, COPPER Bearish = 1 OIH ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 350.82 -.7 350.27 34.3% Bullish RED .165 0 .165 --------------------------------------------------------------------------------------------- COMPQX 14199.98 -84.55 14103.84 37.3% ------- RED .278 .021 .299 --------------------------------------------------------------------------------------------- SPY 453.27 -.99 449.68 50.4% Bullish BLUE .22 .006 .226 --------------------------------------------------------------------------------------------- QQQ 388.47 -2.27 385.62 40.6% Bullish RED .25 .032 .282 --------------------------------------------------------------------------------------------- MDY 463.5 -2.32 464.7 9.2% Bullish RED .026 -.028 -.002 --------------------------------------------------------------------------------------------- IWM 177.02 -2.31 178.77 -40.4% Bearish RED .027 -.049 -.022 --------------------------------------------------------------------------------------------- FAS 67.61 -.08 65.5 248.9% Bullish BLUE .138 -.007 .131 --------------------------------------------------------------------------------------------- RETL 6.31 -.05 6.43 235.2% ------- ---- .138 .009 .147 --------------------------------------------------------------------------------------------- SOXL 22.84 -1.34 22.63 152.4% Bullish RED .172 .08 .252 --------------------------------------------------------------------------------------------- TECL 58.92 -1.56 57.48 138.9% Bullish RED .286 .199 .485 --------------------------------------------------------------------------------------------- IBB 117.97 -.95 118.03 2.5% ------- RED .047 -.085 -.038 --------------------------------------------------------------------------------------------- GLD 185.35 1.98 181.64 88.3% Bullish RED .034 .034 .068 --------------------------------------------------------------------------------------------- DBO 15.97 .04 15.72 -19.2% Bearish BLUE -.033 -.103 -.136 --------------------------------------------------------------------------------------------- OIH 314.87 -1.98 321.18 -180.2% Bearish BLUE -.18 -.141 -.321 --------------------------------------------------------------------------------------------- CPER 23.73 .04 23.13 170.2% Bullish ---- .307 .005 .312 --------------------------------------------------------------------------------------------- TAN 46.04 -.99 46.65 1.1% Bullish RED .021 -.2 -.179 --------------------------------------------------------------------------------------------- UUP 29.24 .03 29.44 -15.3% Bearish BLUE -.134 -.01 -.144 --------------------------------------------------------------------------------------------- CORN 22.18 .09 22.13 -47.3% Bullish RED -.064 -.002 -.066 --------------------------------------------------------------------------------------------- WEAT 5.61 .08 5.68 -133.3% Bullish BLUE .017 -.051 -.034 --------------------------------------------------------------------------------------------- YINN 26.49 -1.58 30.05 -277.1% Bullish RED .153 -.183 -.03 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/21/23 Bullish = 35 Bearish = 12 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COPPER 1 .714 .714 .714 .857 .714 BONDFUND .873 .873 .908 .885 .724 .77 REGBANKS .868 .921 .894 .842 .921 .868 BIGBANKS .857 .857 1 .714 .714 .857 MILITARY .84 .88 .8 .76 .76 .84 FINANCE .835 .822 .797 .746 .772 .759 EDU .833 .666 .666 .666 .666 .666 HOMEBLDG .821 .821 .821 .821 .821 .785 ETFS .811 .886 .849 .773 .849 .811 INFRA .774 .741 .774 .677 .709 .709 INSURANC .769 .692 .692 .653 .692 .73 GAMING .722 .722 .722 .777 .722 .666 GOLD .714 .619 .595 .619 .476 .476 RETAIL .711 .733 .711 .622 .8 .622 NIFTY .697 .744 .72 .697 .767 .72 DJI-13 .692 .692 .692 .769 .769 .692 NASD-100 .67 .7 .66 .65 .69 .68 DOWJONES .666 .7 .7 .766 .8 .7 ----- HIGHPRIC .666 .692 .671 .649 .692 .671 SOFTWARE .666 .604 .625 .645 .645 .625 UTILITY .666 .641 .692 .692 .666 .692 GUNS .642 .642 .642 .571 .571 .642 FIDSTKS .633 .65 .633 .597 .644 .627 INDEXES .627 .627 .578 .562 .589 .545 SP500 .619 .619 .615 .586 .621 .588 SP-100 .6 .577 .588 .577 .6 .544 RUS-1000 .589 .604 .593 .561 .605 .567 CHEM .558 .581 .604 .558 .581 .581 COMODITY .552 .552 .5 .526 .526 .526 INDMATER .55 .536 .579 .507 .55 .536 SEMI .549 .571 .549 .549 .549 .527 ELECTRON .53 .53 .507 .53 .538 .523 FOOD .527 .5 .472 .472 .5 .5 EAT .512 .585 .609 .56 .585 .585 REIT .504 .545 .52 .504 .57 .561 ============================================================================================ BEVERAGE .5 .5 .5 .428 .5 .5 COAL .5 .5 .666 .333 .5 .666 GREEN .5 .5 .5 .5 .5 .5 ============================================================================================ HACKERS .466 .533 .533 .466 .6 .6 COMPUTER .45 .45 .45 .45 .5 .5 TRANSP .421 .421 .421 .368 .473 .421 MARIJUAN .4 .4 .4 .2 .3 .4 CHINA .39 .439 .365 .292 .512 .317 HOSPITAL .384 .461 .307 .307 .307 .307 AUTO .37 .407 .333 .277 .425 .351 BIOTECH .368 .383 .37 .312 .329 .34 JETS .333 .416 .333 .25 .333 .25 LOWPRICE .296 .299 .29 .258 .263 .249 OILGAS .278 .298 .288 .226 .278 .247 SOLAR .062 .125 .062 .062 .062 .125 |
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11-21-2023 Tuesday 6:16 DJI futures - 78 NASDAQ futures - 75 |
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Nightly Hotline There are lots of reasons to remain bullish even as resistance levels are reached. The week of Thanksgiving seldom starts a serious decline. Profit-taking as traders wait to see what the latest FED Minutes say and how good NVDA's earnings will be after the close should not be a problem. The Peerless B2s and the B12 still stand. The Closing Power and Relative Strength uptrends are still in place, except for AMZN, among the key stocks. Semi-conductor leadership shows confidence among bullish traders remains high. That is the group we keep recommending. The previously weak groups, with the exception of TAN, ares at or above their falling 65-dma and still shows blue candles. This broad an advance is based on expectations that rates will be falling in the near future. Historically, this is very bullish. |
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11/20/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs Bullish MAXCPs http://tigersoft.com/upping/11-20-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-20-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 11/20/2023 --- Bullish = 2 COMPQX, QQQ, SOXL, TECL, COPPER Bearish = 1 OIH ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 351.52 2.09 348.42 114.1% Bullish BLUE .124 ---- ---- --------------------------------------------------------------------------------------------- COMPQX 14284.53 159.05 14094.38 184% Bullish BLUE .277 .014 .291 --------------------------------------------------------------------------------------------- SPY 454.26 3.47 448.73 157.1% Bullish BLUE .198 .001 .199 --------------------------------------------------------------------------------------------- QQQ 390.74 4.7 385.33 176.2% Bullish BLUE .238 .025 .263 --------------------------------------------------------------------------------------------- MDY 465.82 2.09 462.65 223.9% Bullish BLUE .003 -.024 -.021 --------------------------------------------------------------------------------------------- IWM 179.33 1.04 178.46 288.4% Bearish BLUE .02 -.039 -.019 --------------------------------------------------------------------------------------------- FAS 67.69 .65 64.32 535.4% Bullish BLUE .091 .018 .109 --------------------------------------------------------------------------------------------- RETL 6.36 .11 6.02 916.6% Bearish BLUE .083 .011 .094 --------------------------------------------------------------------------------------------- SOXL 24.18 1.05 22.14 940% Bullish BLUE .169 .115 .284 --------------------------------------------------------------------------------------------- TECL 60.48 2.56 57.3 564.8% Bullish BLUE .292 .161 .453 --------------------------------------------------------------------------------------------- IBB 118.92 .82 117.91 149.2% ------- BLUE .03 -.081 -.051 --------------------------------------------------------------------------------------------- GLD 183.37 -.3 182.12 78.4% Bullish BLUE .032 .016 .048 --------------------------------------------------------------------------------------------- DBO 15.93 .34 16.03 -47.8% Bearish ---- -.078 -.092 -.17 --------------------------------------------------------------------------------------------- OIH 316.85 .79 326.33 -67.9% Bearish RED -.165 -.116 -.281 --------------------------------------------------------------------------------------------- CPER 23.69 .4 22.94 186.6% Bullish BLUE .362 -.001 .361 --------------------------------------------------------------------------------------------- TAN 47.03 1.4 46.03 589.8% Bullish BLUE .053 -.168 -.115 --------------------------------------------------------------------------------------------- UUP 29.21 -.09 29.33 -100.1% Bearish ---- -.181 -.011 -.192 --------------------------------------------------------------------------------------------- CORN 22.09 .02 22.39 -45% Bullish ---- -.093 -.023 -.116 --------------------------------------------------------------------------------------------- WEAT 5.53 -.04 5.76 -228.9% ------- ---- -.034 -.063 -.097 --------------------------------------------------------------------------------------------- YINN 28.07 1.69 28.03 311.5% Bullish BLUE .204 -.132 .072 |
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Tsble 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/20/23 Bullish = 35 Bearish = 11 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REGBANKS .921 .894 .842 .921 .868 .421 ETFS .886 .849 .773 .849 .811 .471 MILITARY .88 .8 .76 .76 .84 .72 BONDFUND .873 .896 .885 .735 .781 .517 BIGBANKS .857 1 .714 .714 .857 .428 FINANCE .822 .797 .746 .759 .746 .493 HOMEBLDG .821 .821 .821 .821 .785 .535 NIFTY .744 .72 .697 .767 .72 .627 INFRA .741 .774 .677 .709 .709 .548 RETAIL .733 .711 .622 .8 .622 .377 GAMING .722 .722 .722 .777 .666 .5 COPPER .714 .714 .714 .857 .714 .571 DOWJONES .7 .7 .766 .8 .7 .666 NASD-100 .7 .66 .65 .69 .67 .54 DJI-13 .692 .692 .769 .769 .692 .615 HIGHPRIC .692 .671 .649 .692 .662 .482 INSURANC .692 .692 .653 .692 .692 .615 EDU .666 .666 .666 .666 .666 .666 FIDSTKS .65 .633 .597 .644 .627 .42 GUNS .642 .642 .571 .571 .642 .5 UTILITY .641 .692 .692 .666 .692 .307 INDEXES .627 .578 .562 .589 .545 .313 SOFTWARE .625 .625 .645 .645 .604 .604 GOLD .619 .595 .619 .476 .476 .285 SP500 .619 .615 .586 .619 .584 .393 RUS-1000 .605 .593 .56 .605 .566 .37 EAT .585 .609 .56 .585 .56 .463 CHEM .581 .604 .558 .581 .558 .372 SP-100 .577 .588 .577 .6 .544 .411 SEMI .571 .549 .549 .549 .527 .373 COMODITY .552 .526 .5 .526 .526 .394 REIT .545 .504 .504 .578 .561 .289 INDMATER .536 .579 .507 .55 .536 .347 HACKERS .533 .533 .466 .6 .6 .533 ELECTRON .53 .507 .53 .538 .515 .407 ============================================================================================ BEVERAGE .5 .5 .428 .5 .5 .428 COAL .5 .666 .333 .5 .666 .5 FOOD .5 .472 .472 .5 .5 .388 GREEN .5 .5 .5 .5 .5 .333 ============================================================================================ HOSPITAL .461 .307 .307 .307 .307 .153 COMPUTER .45 .45 .45 .5 .5 .35 CHINA .439 .365 .292 .512 .317 .268 TRANSP .421 .421 .368 .473 .421 .157 JETS .416 .333 .25 .333 .25 .166 AUTO .407 .351 .277 .425 .351 .259 MARIJUAN .4 .4 .2 .3 .4 .2 BIOTECH .38 .37 .312 .335 .335 .236 LOWPRICE .299 .293 .26 .263 .252 .234 OILGAS .298 .288 .226 .278 .268 .237 SOLAR .125 .062 .062 .062 .125 .062 |
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11/17/23
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Nightly Hotline The operative Peerless signals remains two Buy B2s and a take-off B12. The DJI and the key indices have risen to resistance. While they pause and regroup, much of the rest of the market plays catch-up. Breadth was very good on Friday with 3/4 of the volume going to rising stocks. Lower CPI and PPI data fed the bulls' hopes that rates would be going down next year, not up. Bonds rose again and the bearish bet on interest rates, PST, is struggling to stay above its 65-dma. The major indexes and the leading stocks like MSFT, AAPL, NVDA and GS show rising Closing Powers and Relative Strength lines. This should be bullish, as should be the fact that 1/2 of the 30 DJI blue chips now show both a rising Opening and Closing Power. This makes a vertical ascent much easier. And this is the normally very bullish week of Thanksgiving. There are very few attractive MINCPs. Shorting is not advised. Expect the leading stocks to remain strong. Semi- conductors and TECL are the groups showing most strength. |
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11/17/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs Bullish MAXCPs http://tigersoft.com/upping/11-17-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-17-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 11/17/2023 --- Bullish = 2 TECL, COPPER Bearish = 1 OIH ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 349.43 -.59 343.57 92.5% Bullish RED .054 ---- ---- --------------------------------------------------------------------------------------------- COMPQX 14125.48 11.81 13767.74 117.1% Bullish BLUE .201 .018 .219 --------------------------------------------------------------------------------------------- SPY 450.79 .56 440.19 114.2% Bullish BLUE .105 .003 .108 --------------------------------------------------------------------------------------------- QQQ 386.04 .09 377.21 100% Bullish BLUE .145 .028 .173 --------------------------------------------------------------------------------------------- MDY 463.73 3.98 445.26 195% ------- BLUE -.074 -.024 -.098 --------------------------------------------------------------------------------------------- IWM 178.29 2.41 169.17 263.4% ------- BLUE -.059 -.039 -.098 --------------------------------------------------------------------------------------------- FAS 67.04 1.07 60.76 465.1% Bullish BLUE .025 .023 .048 --------------------------------------------------------------------------------------------- RETL 6.25 .49 5.27 762.6% ------- BLUE .046 -.002 .044 --------------------------------------------------------------------------------------------- SOXL 23.13 .41 20.02 585.1% Bullish BLUE .1 .067 .167 --------------------------------------------------------------------------------------------- TECL 57.92 -.41 54.04 258.7% Bullish ---- .206 .131 .337 --------------------------------------------------------------------------------------------- IBB 118.1 1.07 115.42 110% ------- BLUE -.022 -.077 -.099 --------------------------------------------------------------------------------------------- GLD 183.67 -.02 180.51 114.6% Bullish RED -.035 .023 -.012 --------------------------------------------------------------------------------------------- DBO 15.59 .61 16.08 -76.3% Bearish BLUE -.09 -.106 -.196 --------------------------------------------------------------------------------------------- OIH 316.06 6.83 321.18 -44.3% Bearish BLUE -.142 -.113 -.255 --------------------------------------------------------------------------------------------- CPER 23.29 .29 22.83 183.6% Bullish BLUE .279 .01 .289 --------------------------------------------------------------------------------------------- TAN 45.63 .15 41.71 477.9% Bullish RED .043 -.187 -.144 --------------------------------------------------------------------------------------------- UUP 29.3 -.16 29.8 -91.3% Bearish RED -.188 -.009 -.197 --------------------------------------------------------------------------------------------- CORN 22.07 -.2 22.29 76.7% Bullish RED -.164 -.013 -.177 --------------------------------------------------------------------------------------------- WEAT 5.57 -.03 5.79 -166.1% ------- ---- -.107 -.069 -.176 --------------------------------------------------------------------------------------------- YINN 26.38 -.05 26.36 174.2% Bullish ---- .137 -.148 -.011 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/17/23 Bullish = 36 Bearish = 12 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- BIGBANKS 1 .714 .714 .857 .428 .428 BONDFUND .896 .873 .735 .793 .494 .517 REGBANKS .894 .842 .921 .868 .421 .447 ETFS .849 .773 .849 .811 .452 .433 HOMEBLDG .821 .821 .821 .785 .535 .571 MILITARY .8 .76 .76 .84 .72 .64 FINANCE .797 .746 .759 .734 .493 .493 INFRA .774 .677 .709 .709 .548 .483 GAMING .722 .722 .722 .722 .5 .5 NIFTY .72 .697 .767 .72 .627 .604 COPPER .714 .714 .857 .714 .571 .571 RETAIL .711 .622 .8 .622 .377 .4 DOWJONES .7 .766 .8 .7 .666 .6 DJI-13 .692 .769 .769 .692 .615 .461 INSURANC .692 .653 .692 .692 .615 .653 UTILITY .692 .692 .666 .692 .307 .384 HIGHPRIC .671 .649 .692 .662 .482 .469 COAL .666 .333 .5 .666 .5 .5 EDU .666 .666 .666 .666 .666 .666 NASD-100 .66 .65 .69 .67 .54 .56 SOFTWARE .645 .645 .645 .604 .583 .604 GUNS .642 .571 .571 .642 .5 .428 FIDSTKS .633 .597 .644 .627 .42 .426 SP500 .615 .586 .619 .582 .393 .405 EAT .609 .56 .585 .56 .463 .463 CHEM .604 .558 .581 .558 .372 .302 GOLD .595 .619 .476 .476 .285 .285 RUS-1000 .594 .56 .604 .566 .371 .379 SP-100 .588 .577 .6 .544 .411 .422 INDMATER .579 .507 .55 .536 .362 .347 INDEXES .578 .562 .589 .545 .308 .318 SEMI .549 .549 .549 .527 .373 .362 HACKERS .533 .466 .6 .6 .533 .533 COMODITY .526 .526 .5 .526 .394 .394 ELECTRON .507 .53 .538 .515 .4 .4 REIT .504 .487 .578 .57 .297 .297 ================================================================================================ BEVERAGE .5 .428 .5 .5 .428 .428 GREEN .5 .5 .5 .5 .333 .333 ================================================================================================ FOOD .472 .472 .5 .5 .388 .361 COMPUTER .45 .45 .5 .5 .35 .35 TRANSP .421 .368 .473 .421 .157 .263 MARIJUAN .4 .2 .3 .4 .2 .2 BIOTECH .368 .312 .335 .34 .236 .215 CHINA .365 .292 .512 .317 .219 .17 AUTO .351 .296 .425 .351 .259 .24 JETS .333 .25 .333 .25 .166 .083 HOSPITAL .307 .307 .307 .307 .153 .153 LOWPRICE .293 .263 .266 .252 .237 .219 OILGAS .288 .226 .278 .268 .237 .206 SOLAR .062 .062 .062 .125 .062 .062 |
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11/17/2023 Friday 6:20 AM DJI +109
See https://dowfutures.org NASDAQ +5
11/17/2023
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Nightly Hotline Bonds keep advancing, thus showing us that there is a strong feeling that the FED is probably done raising rates. At the same time, the weakest segments of the market until recently, namely RETL, IWM, MDY, JETs and TAN badly need to see rates actually go down. Watch their behavior closely to see if their pullbacks are short-lived or turn into new tests of the lows. The DJI seems aimed at its old highs. DIA's CP is still rising. The NASDAQ, QQQ, SPY, TECL and SOXL will need to continue to show positive relative strength versus the DJI, or else they will retreat. Their RSQ uptrends are more reliable that their Closing Powers in generating tradeable sells. New highs may be in some trouble after the false breakouts of WMT, VRTX and probably AMAT today. This reduces the speculative chasing energies that keep a strong advance alive. But for now, we have unreversed Buy signals from Peerless and DIA shows a rising Closing Power. So, long as NYSE breadth does not deteriorate so much as to produce a Sell S9, let the advance continue. |
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11/16/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs Bullish MAXCPs http://tigersoft.com/upping/11-16-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-16-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 11/16/2023 --- Bullish = 2 TECL, COPPER Bearish = 1 OIH ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 350.02 -.25 343.01 158.2% ------- BLUE -.001 --- ----- --------------------------------------------------------------------------------------------- COMPQX 14113.67 9.83 13798.11 213.7% Bullish BLUE .148 .014 .162 --------------------------------------------------------------------------------------------- SPY 450.23 .55 440.61 185.2% ------- BLUE .031 0 .031 --------------------------------------------------------------------------------------------- QQQ 385.95 .33 378.39 209.3% Bullish BLUE .085 .025 .11 --------------------------------------------------------------------------------------------- MDY 459.75 -4.95 445.96 212.5% ------- RED -.131 -.037 -.168 --------------------------------------------------------------------------------------------- IWM 175.88 -2.89 169.11 250.4% ------- RED -.131 -.058 -.189 --------------------------------------------------------------------------------------------- FAS 65.97 .47 61.13 550.9% Bullish BLUE -.049 .007 -.042 --------------------------------------------------------------------------------------------- RETL 5.76 -.67 5.37 467.9% ------- RED -.032 -.103 -.135 --------------------------------------------------------------------------------------------- SOXL 22.72 .09 20.6 1043.1% Bullish BLUE .025 .026 .051 --------------------------------------------------------------------------------------------- TECL 58.33 .85 55 657.5% Bullish BLUE .131 .142 .273 --------------------------------------------------------------------------------------------- IBB 117.03 -1 115.53 88.1% ------- RED -.104 -.09 -.194 --------------------------------------------------------------------------------------------- GLD 183.69 2.05 179.51 60.8% Bullish BLUE .031 .019 .05 --------------------------------------------------------------------------------------------- DBO 14.98 -.74 15.83 -164.2% Bearish RED -.036 -.141 -.177 --------------------------------------------------------------------------------------------- OIH 309.23 -11.95 318.89 -81.9% Bearish RED -.161 -.134 -.295 --------------------------------------------------------------------------------------------- CPER 23 -.13 22.45 81.2% Bullish RED .272 -.022 .25 --------------------------------------------------------------------------------------------- TAN 45.48 -1.17 41.4 450.9% Bullish RED -.012 -.194 -.206 --------------------------------------------------------------------------------------------- UUP 29.46 .02 29.84 -67.4% Bearish ---- -.151 -.007 -.158 --------------------------------------------------------------------------------------------- CORN 22.27 .14 21.73 81.5% Bullish BLUE -.117 -.014 -.131 --------------------------------------------------------------------------------------------- WEAT 5.6 -.08 5.76 -208.1% ------- ---- -.027 -.075 -.102 --------------------------------------------------------------------------------------------- YINN 26.43 -3.62 25.43 151.3% Bullish RED .117 -.156 -.039 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/16/23 Bullish = 33 Bearish = 16 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- BONDFUND .873 .724 .793 .505 .517 .264 REGBANKS .842 .921 .868 .421 .421 .315 HOMEBLDG .821 .821 .785 .535 .571 .321 ETFS .773 .849 .811 .452 .415 .301 DJI-13 .769 .769 .692 .615 .461 .384 DOWJONES .766 .8 .7 .666 .6 .433 ===== MILITARY .76 .76 .84 .72 .64 .6 FINANCE .746 .759 .734 .481 .481 .417 GAMING .722 .722 .666 .555 .5 .444 BIGBANKS .714 .714 .857 .428 .428 .285 COPPER .714 .857 .714 .571 .571 .571 NIFTY .697 .767 .72 .627 .604 .511 UTILITY .692 .666 .692 .307 .384 .282 INFRA .677 .709 .709 .548 .483 .322 EDU .666 .666 .666 .666 .666 .666 SOFTWARE .666 .645 .604 .583 .583 .479 INSURANC .653 .692 .692 .615 .653 .615 NASD-100 .65 .69 .67 .54 .56 .44 HIGHPRIC .649 .692 .662 .482 .469 .364 RETAIL .622 .8 .622 .377 .4 .4 GOLD .619 .476 .476 .285 .285 .309 FIDSTKS .597 .644 .627 .42 .42 .337 SP500 .586 .619 .582 .391 .403 .325 SP-100 .577 .6 .544 .411 .411 .344 GUNS .571 .571 .642 .5 .428 .428 INDEXES .562 .589 .545 .308 .318 .221 RUS-1000 .561 .604 .565 .371 .377 .308 EAT .56 .585 .56 .463 .463 .365 CHEM .558 .581 .558 .372 .302 .162 SEMI .549 .549 .527 .373 .362 .263 ELECTRON .53 .538 .515 .4 .392 .315 COMODITY .526 .526 .5 .394 .394 .368 INDMATER .507 .55 .536 .362 .362 .289 ============================================================================================= GREEN .5 .5 .5 .333 .333 .333 ============================================================================================= REIT .487 .561 .57 .305 .297 .28 FOOD .472 .5 .5 .388 .361 .361 HACKERS .466 .6 .6 .533 .533 .4 COMPUTER .45 .5 .5 .35 .35 .25 BEVERAGE .428 .5 .5 .428 .428 .5 TRANSP .368 .473 .421 .157 .263 .105 COAL .333 .5 .666 .5 .5 .333 BIOTECH .309 .335 .34 .241 .213 .185 HOSPITAL .307 .307 .307 .153 .153 .153 AUTO .296 .444 .351 .259 .24 .185 CHINA .292 .512 .317 .219 .17 .17 LOWPRICE .263 .269 .255 .237 .222 .228 JETS .25 .333 .25 .166 .083 .083 OILGAS .226 .278 .268 .237 .206 .144 MARIJUAN .2 .3 .4 .2 .2 .2 SOLAR .062 .062 .125 .062 .062 .062 |
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11/16/2023 Thursday 6:11 AM DJI -46 See https://dowfutures.org NASDAQ -32
11/15/2023
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Nightly Comments Peerless and the DJI remain on their Buy B2s and a B12. The DJI has reached the round number resistance at 35000 and leaders NVDA and TECL have reached the resistance of their old highs. So, as doubts naturally arise about how readily the dowdy and slow-moving Federal Reserve will react to lone October CPI and PPI data points, a small retreat from the DJI's 4% upper band is now shaping up. Watch to see if this has any effect on the shorts who have been hastily closing out their positions in IWM, TNA, RETL, JETS and TAN. Generally, shorts are professionals who know what they are doing. November B12s in the distant past have included declines to their lower band before bringing a big take-off. But next week brings the ordinarily bullish holiday of Thanksgiving. Moreover, if you study the charts of SP-500, QQQ, IWM and the NYSE, you will see megaphone patterns. With the SPY this pattern is commonly quite bullish. It just takes a little time to eat up the overhead supply of stock up at the old highs. So, if SPY were to repeat its behavior of the first half of 2023, it should rise to its recent highs and go sidewise narrowly for two or three months while "Big Money" re-accumulates an inventory of stock to sell out on a Spring Rally. Semi-conductors look like the strongest group to play now. See the most bullish examples among our MAXCPs. And, of course, watch NVDA, its leader. Note the big change in Table 3. There are now 35 "bullish groups" that show a majority of their component stocks above the 65-dma |
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11/15/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs Bullish MAXCPs http://tigersoft.com/upping/11-15-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-15-2023/Bearish.htm |
Table 1 Breadth and Volume Statistics
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Table 2 TIGER QUICKSILVER on ETFS - 11/15/2023 --- Bullish = 1 COPPER Bearish = 1 OIH ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 350.27 1.85 339.11 133.4% ------- BLUE -.047 ---- ------ --------------------------------------------------------------------------------------------- COMPQX 14103.84 9.46 13521.45 164.7% ------- RED .087 .001 .088 --------------------------------------------------------------------------------------------- SPY 449.68 .95 433.84 141.2% ------- RED -.028 -.008 -.036 --------------------------------------------------------------------------------------------- QQQ 385.62 .29 370.07 168.3% ------- RED .029 .014 .043 --------------------------------------------------------------------------------------------- MDY 464.7 2.05 440.55 217.1% ------- BLUE -.144 -.038 -.182 --------------------------------------------------------------------------------------------- IWM 178.77 .31 167.24 260.6% ------- BLUE -.134 -.055 -.189 --------------------------------------------------------------------------------------------- FAS 65.5 1.18 59.12 463.7% ------- BLUE -.092 -.009 -.101 --------------------------------------------------------------------------------------------- RETL 6.43 .41 5.23 820.6% ------- BLUE .022 -.018 .004 --------------------------------------------------------------------------------------------- SOXL 22.63 .49 18.39 991.8% Bullish ---- -.004 -.05 -.054 --------------------------------------------------------------------------------------------- TECL 57.48 .18 51.1 521.7% Bullish RED .073 .072 .145 --------------------------------------------------------------------------------------------- IBB 118.03 .12 114.98 -19.3% ------- ---- -.113 -.088 -.201 --------------------------------------------------------------------------------------------- GLD 181.64 -.48 181.49 24% Bullish RED .022 .006 .028 --------------------------------------------------------------------------------------------- DBO 15.72 -.31 15.5 72.8% Bearish RED -.014 -.107 -.121 --------------------------------------------------------------------------------------------- OIH 321.18 -5.15 314.48 110.5% ------- RED -.157 -.108 -.265 --------------------------------------------------------------------------------------------- CPER 23.13 .19 22.63 105.7% Bullish BLUE .292 -.024 .268 --------------------------------------------------------------------------------------------- TAN 46.65 .62 41.56 481.9% Bullish BLUE .013 -.194 -.181 --------------------------------------------------------------------------------------------- UUP 29.44 .11 29.86 -48.8% Bearish ---- -.163 -.008 -.171 --------------------------------------------------------------------------------------------- CORN 22.13 -.26 21.91 0% Bullish RED -.125 -.023 -.148 --------------------------------------------------------------------------------------------- WEAT 5.68 -.08 5.84 -197.9% Bullish RED .02 -.076 -.056 --------------------------------------------------------------------------------------------- YINN 30.05 2.02 25.61 622.2% Bullish BLUE .14 -.122 .018 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/15/23 Bullish = 35 Bearish = 15 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REGBANKS .921 .868 .421 .421 .315 .473 COPPER .857 .714 .571 .571 .571 .571 ETFS .849 .811 .452 .415 .301 .396 HOMEBLDG .821 .785 .535 .571 .321 .321 DOWJONES .8 .7 .666 .6 .433 .466 RETAIL .8 .622 .377 .4 .4 .466 DJI-13 .769 .692 .615 .461 .384 .461 NIFTY .767 .72 .627 .604 .511 .558 MILITARY .76 .84 .72 .64 .6 .64 FINANCE .759 .734 .481 .468 .417 .443 BONDFUND .724 .781 .505 .528 .241 .528 GAMING .722 .666 .5 .555 .444 .444 BIGBANKS .714 .857 .428 .428 .285 .428 INFRA .709 .709 .548 .483 .322 .322 HIGHPRIC .692 .662 .482 .469 .364 .429 INSURANC .692 .692 .615 .653 .615 .615 NASD-100 .69 .67 .54 .56 .44 .5 EDU .666 .666 .666 .666 .666 .666 SOFTWARE .666 .604 .583 .583 .458 .541 UTILITY .666 .692 .307 .384 .282 .435 FIDSTKS .644 .627 .42 .42 .337 .414 SP500 .619 .582 .391 .401 .325 .376 RUS-1000 .605 .565 .37 .377 .31 .363 HACKERS .6 .6 .533 .533 .4 .533 SP-100 .6 .544 .411 .411 .344 .388 INDEXES .589 .545 .308 .318 .227 .259 EAT .585 .56 .463 .463 .365 .341 CHEM .581 .558 .372 .302 .162 .255 GUNS .571 .642 .5 .428 .428 .5 REIT .561 .553 .305 .305 .272 .322 INDMATER .55 .536 .362 .362 .304 .289 SEMI .549 .527 .373 .362 .263 .285 ELECTRON .538 .515 .4 .392 .307 .33 COMODITY .526 .526 .368 .394 .368 .394 CHINA .512 .317 .219 .17 .17 .219 ============================================================================================= BEVERAGE .5 .5 .428 .428 .5 .5 COAL .5 .666 .5 .5 .333 .166 COMPUTER .5 .5 .35 .35 .25 .25 FOOD .5 .5 .388 .361 .361 .388 GREEN .5 .5 .333 .333 .333 .333 ============================================================================================= GOLD .476 .476 .285 .285 .309 .38 TRANSP .473 .421 .157 .263 .105 .157 AUTO .444 .37 .259 .24 .185 .222 JETS .333 .25 .166 .083 .083 .083 BIOTECH .332 .34 .241 .218 .182 .251 HOSPITAL .307 .307 .153 .153 .153 .153 MARIJUAN .3 .4 .2 .2 .2 .3 OILGAS .278 .268 .237 .206 .144 .134 LOWPRICE .269 .258 .237 .225 .225 .24 SOLAR .062 .125 .062 .062 .062 .062 |
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11/15/2023 Wednesday 6:20 AM DJI +115 See https://dowfutures.org NASDAQ +117
11/14/2023
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Nightly Hotline (Just Out) PPI for final demand declines 0.5% in October; goods fall 1.4%, services unchanged https://www.bls.gov/pPI/ Peerless and the DJI remain on the Buy B2s and B12. That the CPI numbers reported by the US Dept. of Labor showed no change from September to October if rents are left out is remarkably bullish. True, "hawks" will ruin the celebration and say much more data is needed. But, the truth is inflation has gone into hiding. Rents are up because new homebuilding is being stifled by the FED itself with 8% mortages. And now today the Producer Price Index shows a month-to-month drop for October. The only way FED "hawks" can make the case for more rate hikes is because there has not yet been a recession. That is what the "hawks" typically say must occur first before inflation is really beaten. Only with a recession, can wage increase demands stop. So, the CPI number sparked a super rally. Almost everything rose. The ratio of advances to declines and up-volume to down-volume was nearly 10:1, almost enough to bring a Buy B14. The tight trading range breakouts in DIA, NAIL, homebuilders, FAS and GS now set up price targets immediately higher. The DJI's flag-pole and flag pattern gives us a target of 36000. True, the Accumulation Index of DIA is negative. But the Opening Powers, Closing Powers and Relative Strength Quotients are in steep uptrends for the major tech ETFs and SPY. In this situation, we should just let prices run back to their old highs. Nor is this all that is bullish. See the inverted head and shoulders patterns now in IWM, MDY and TNA. The shorts now have little choice but to cover their positions at higher and and higher prices. Our policy is not to be short stocks whose Closing Power has broken its downtrend. That has left us with almost nothing to short. Meanwhile, the higher price targets for NAIL and home-builders beckon for our participation. Semi-conconductors are well represented in the Bullish MAXCPs while QQQ and TECL look very strong. |
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11/14/23 Charts 2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs These may be somewhat delayed. Bullish MAXCPs http://tigersoft.com/upping/11-14-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-14-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 11/14/2023 --- Bullish = 1 Copper Bearish = 0 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 348.42 4.85 341.12 100.7% ------- BLUE -.06 ---- ----- --------------------------------------------------------------------------------------------- COMPQX 14094.38 326.64 13650.41 166.2% Bullish BLUE .125 .001 .126 --------------------------------------------------------------------------------------------- SPY 448.73 8.54 437.25 134.8% ------- BLUE -.004 -.005 -.009 --------------------------------------------------------------------------------------------- QQQ 385.33 8.12 372.94 168.7% Bullish BLUE .058 .015 .073 --------------------------------------------------------------------------------------------- MDY 462.65 17.39 445.25 171.6% ------- BLUE -.102 -.034 -.136 --------------------------------------------------------------------------------------------- IWM 178.46 9.29 169.87 199.5% ------- BLUE -.079 -.049 -.128 --------------------------------------------------------------------------------------------- FAS 64.32 3.56 59.84 385.1% ------- BLUE -.1 -.02 -.12 --------------------------------------------------------------------------------------------- RETL 6.02 .75 5.53 165.2% ------- BLUE .048 -.088 -.04 --------------------------------------------------------------------------------------------- SOXL 22.14 2.12 18.67 919.2% Bullish BLUE .025 -.082 -.057 --------------------------------------------------------------------------------------------- TECL 57.3 3.26 51.86 595% Bullish BLUE .099 .045 .144 --------------------------------------------------------------------------------------------- IBB 117.91 2.49 118.48 -102.2% ------- BLUE -.085 -.084 -.169 --------------------------------------------------------------------------------------------- GLD 182.12 1.61 180.77 -13% Bullish BLUE .007 .015 .022 --------------------------------------------------------------------------------------------- DBO 16.03 -.05 15.49 63.5% Bearish RED .054 -.068 -.014 --------------------------------------------------------------------------------------------- OIH 326.33 5.15 314.13 169.3% ------- BLUE -.094 -.079 -.173 --------------------------------------------------------------------------------------------- CPER 22.94 .11 22.65 -2.2% Bullish RED .3 -.033 .267 --------------------------------------------------------------------------------------------- TAN 46.03 4.32 42.54 251% Bullish BLUE .066 -.211 -.145 --------------------------------------------------------------------------------------------- UUP 29.33 -.47 29.73 -68.8% Bearish RED -.181 0 -.181 --------------------------------------------------------------------------------------------- CORN 22.39 .1 22.13 95.4% Bullish BLUE -.128 -.003 -.131 --------------------------------------------------------------------------------------------- WEAT 5.76 -.03 5.91 0% Bullish ---- .01 -.034 -.024 --------------------------------------------------------------------------------------------- YINN 28.03 1.67 26.76 123.5% Bullish BLUE .144 -.168 -.024 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/14/23 Bullish = 24 Bearish = 26 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- REGBANKS .868 .421 .421 .315 .473 .605 BIGBANKS .857 .428 .428 .285 .428 .428 MILITARY .84 .72 .64 .6 .64 .68 ETFS .811 .452 .415 .301 .358 .433 HOMEBLDG .785 .535 .571 .321 .321 .428 BONDFUND .781 .494 .528 .252 .528 .206 FINANCE .734 .481 .468 .405 .443 .493 NIFTY .72 .627 .604 .511 .558 .511 COPPER .714 .571 .571 .571 .571 .714 INFRA .709 .548 .483 .322 .322 .387 DOWJONES .7 .666 .6 .433 .466 .533 DJI-13 .692 .615 .461 .384 .461 .461 INSURANC .692 .615 .653 .615 .615 .576 UTILITY .692 .307 .384 .282 .41 .615 NASD-100 .67 .54 .56 .44 .5 .5 ==== COAL .666 .5 .5 .333 .333 .333 EDU .666 .666 .666 .666 .666 .666 GAMING .666 .5 .5 .5 .444 .444 HIGHPRIC .662 .482 .469 .364 .425 .447 GUNS .642 .5 .428 .428 .5 .5 FIDSTKS .627 .42 .42 .337 .408 .431 SOFTWARE .625 .583 .583 .458 .52 .5 RETAIL .622 .377 .4 .4 .444 .533 HACKERS .6 .533 .533 .4 .533 .466 =============================================================================================== SP500 .582 .391 .401 .323 .374 .382 RUS-1000 .566 .37 .376 .31 .361 .366 EAT .56 .463 .463 .365 .341 .341 CHEM .558 .372 .302 .162 .255 .209 REIT .553 .289 .305 .28 .322 .305 INDEXES .545 .308 .318 .227 .254 .308 SP-100 .544 .411 .411 .344 .388 .411 INDMATER .536 .362 .362 .304 .318 .333 SEMI .527 .373 .362 .263 .285 .285 COMODITY .526 .394 .368 .368 .394 .447 ELECTRON .515 .4 .392 .307 .323 .33 BEVERAGE .5 .428 .428 .5 .5 .428 COMPUTER .5 .35 .35 .25 .25 .25 FOOD .5 .388 .361 .361 .388 .416 GREEN .5 .333 .333 .333 .333 .388 GOLD .476 .285 .285 .309 .38 .452 TRANSP .421 .157 .263 .105 .157 .157 MARIJUAN .4 .2 .2 .2 .3 .2 AUTO .37 .277 .24 .185 .222 .222 BIOTECH .337 .241 .218 .187 .243 .271 CHINA .317 .219 .17 .17 .195 .195 HOSPITAL .307 .153 .153 .153 .153 .153 OILGAS .268 .237 .206 .144 .144 .206 LOWPRICE .258 .24 .225 .228 .237 .24 JETS .25 .166 .083 .083 .083 .083 SOLAR .125 .062 .062 .062 .062 .062 |
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11/14/2023 Tuesday 6:13 AM DJI +356 See https://dowfutures.org NASDAQ +104
11/13/2023
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Nightly Comments Peerless and the DJI remain on its Buy B2s and B12. The market has been waiting to see the newest CPI numbers. Inflation was expected to dip because UCO-CrudeOil is down 19% from its highs of the year. Zero change in the CPI is much more bullish than most expected. "CPI for all items unchanged in October; shelter up "
Professionals were generally still optimistic if we judge from the |
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11/13/23 Charts 2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs These may be somewhat delayed. Bullish MAXCPs http://tigersoft.com/upping/11-13-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-13-2023/Bearish.htm |
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Table 2 TIGER QUICKSILVER on ETFS - 11/13/2023 --- Bullish = 0 Bearish = 1 TAN ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 343.57 .56 341.54 37.1% ------- BLUE -.065 ----- ---- --------------------------------------------------------------------------------------------- COMPQX 13767.74 -30.37 13639.86 91.4% Bullish BLUE .125 -.003 .122 --------------------------------------------------------------------------------------------- SPY 440.19 -.42 436.93 51.5% ------- BLUE -.006 -.009 -.015 --------------------------------------------------------------------------------------------- QQQ 377.21 -1.18 372.7 107.3% Bullish BLUE .054 .014 .068 --------------------------------------------------------------------------------------------- MDY 445.26 -.7 447.38 -36.6% ------- BLUE -.125 -.073 -.198 --------------------------------------------------------------------------------------------- IWM 169.17 .06 171.7 -92.3% Bearish BLUE -.147 -.098 -.245 --------------------------------------------------------------------------------------------- FAS 60.76 -.37 59.69 64.2% ------- BLUE -.125 -.082 -.207 --------------------------------------------------------------------------------------------- RETL 5.27 -.1 5.84 -538.8% Bearish ---- .047 -.238 -.191 --------------------------------------------------------------------------------------------- SOXL 20.02 -.58 18.6 468.2% Bullish RED .02 -.151 -.131 --------------------------------------------------------------------------------------------- TECL 54.04 -.96 51.04 449.9% Bullish RED .083 .016 .099 --------------------------------------------------------------------------------------------- IBB 115.42 -.11 120.3 -169.4% ------- BLUE -.054 -.097 -.151 --------------------------------------------------------------------------------------------- GLD 180.51 1 182.59 -78.2% Bullish BLUE .014 .018 .032 --------------------------------------------------------------------------------------------- DBO 16.08 .25 15.83 -138.9% Bearish BLUE .059 -.035 .024 --------------------------------------------------------------------------------------------- OIH 321.18 2.29 315.6 -139.3% ------- BLUE -.133 -.066 -.199 --------------------------------------------------------------------------------------------- CPER 22.83 .38 22.95 -68.1% Bullish BLUE .169 -.022 .147 --------------------------------------------------------------------------------------------- TAN 41.71 .31 43.91 -254.3% Bullish BLUE -.053 -.27 -.323 --------------------------------------------------------------------------------------------- UUP 29.8 -.04 29.74 26.9% Bearish ---- -.132 .041 -.091 --------------------------------------------------------------------------------------------- CORN 22.29 .56 21.97 2.3% Bullish BLUE -.209 .02 -.189 --------------------------------------------------------------------------------------------- WEAT 5.79 .03 5.76 0% Bullish BLUE .022 -.006 .016 --------------------------------------------------------------------------------------------- YINN 26.36 .93 27.38 -242.8% Bullish BLUE .13 -.23 -.1 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/13/23 Bullish = 12 Bearish = 35 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- MILITARY .72 .64 .6 .64 .68 .64 DOWJONES .666 .6 .433 .466 .5 .5 ===== EDU .666 .666 .666 .666 .666 .666 NIFTY .627 .604 .511 .558 .465 .418 DJI-13 .615 .461 .384 .461 .461 .461 INSURANC .615 .653 .615 .615 .576 .615 SOFTWARE .604 .583 .458 .52 .458 .437 COPPER .571 .571 .571 .571 .714 .714 INFRA .548 .483 .322 .322 .387 .483 NASD-100 .54 .56 .44 .5 .48 .45 HOMEBLDG .535 .571 .321 .321 .392 .392 HACKERS .533 .533 .4 .533 .466 .4 ============================================================================================== COAL .5 .5 .333 .333 .333 .5 GAMING .5 .5 .444 .5 .388 .388 GUNS .5 .428 .428 .5 .5 .5 ============================================================================================== BONDFUND .494 .517 .252 .54 .206 .126 HIGHPRIC .482 .469 .364 .425 .425 .399 FINANCE .481 .468 .405 .43 .493 .556 EAT .463 .463 .365 .341 .341 .341 ETFS .452 .415 .301 .358 .433 .49 BEVERAGE .428 .428 .5 .5 .428 .5 BIGBANKS .428 .428 .285 .428 .428 .571 REGBANKS .421 .421 .315 .473 .605 .684 FIDSTKS .42 .42 .337 .408 .42 .437 SP-100 .411 .411 .344 .388 .4 .422 ELECTRON .4 .392 .307 .323 .315 .338 COMODITY .394 .394 .342 .394 .447 .526 SP500 .391 .401 .323 .372 .37 .395 FOOD .388 .361 .361 .388 .416 .5 RETAIL .377 .4 .4 .444 .533 .533 SEMI .373 .362 .263 .285 .274 .274 CHEM .372 .302 .162 .255 .209 .232 RUS-1000 .371 .376 .309 .361 .358 .369 INDMATER .362 .362 .304 .318 .347 .347 COMPUTER .35 .35 .25 .25 .2 .2 GREEN .333 .333 .333 .333 .388 .388 INDEXES .308 .318 .227 .254 .297 .356 UTILITY .307 .384 .282 .41 .564 .615 REIT .289 .289 .28 .33 .305 .38 GOLD .285 .285 .309 .38 .452 .666 AUTO .277 .259 .185 .222 .222 .203 LOWPRICE .24 .228 .228 .24 .24 .266 BIOTECH .238 .218 .187 .248 .266 .256 OILGAS .237 .206 .144 .144 .206 .288 CHINA .219 .17 .17 .195 .195 .219 MARIJUAN .2 .2 .2 .3 .2 .4 JETS .166 .083 .083 .083 .083 .083 TRANSP .157 .263 .105 .157 .157 .21 HOSPITAL .153 .153 .153 .153 .153 .153 SOLAR .062 .062 .062 .062 .062 .062 |
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11/13/2023 Monday 5:45 AM DJI -19 See https://dowfutures.org
NASDAQ -41
11/10/2023
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Nightly Comments The DJI is now caught in a narrow trading range. Last week was good for the big techs and their etfs, QQQ, TECL and SOXL, but most NYSE and NASDAQ stocks declined, as shown by the falling A/D Line. Performance-minded fund managers had no choice but to buy more AAPL, ADBE, MSFT and NVDA. That's where the gains are to be found. The SP-500 also lifted off. Bullishly, the percentage of DJI-30 stocks over their 65-dma jumped up to 60% on Friday. Despite the narrowness of the advance, Peerless still shows two Buy B2s and a Buy B12 on the DJI chart. The DJI is now 2.3% over its 21-dma and offers a negative PI (-56) and a negative IP21-Acc.Index (-.011). A Sell S9 is a possibility tomorrow or Tueday on any further rally. But we need to see the numbers and must wait. Looking at the candlestick charts of the market leaders, QQQ, TECL, MSFT, AAPL and NVDA, we see that their Relative Strength Quotient trends have been their best predictors, even better than Closing Power trends, this past year. At this stage, their RSQ trendlines are all rising. So, the present advance is likely to continue. So, early weakness is likely to followed by more strength for this group. Meanwhile, the weakest sectors - IWM, TAN, RETL and JETs - remain under steady selling pressure. They should be used as shorts for hedging as long as their Closing Powers are falling. New Stock Research I have been going over the automatic Tiger Signals for the new Windows10 CandleStick program. It is very time consuming. But it offers us some helpful trading ideas. First, we see how reliably bearish it is when our IP21 drops below -.25 soon after the stock breaks below its 65-dma. Second, when the annualized momentum of the 65-dma has fallen below 20%, a red candle that features a high above the 65-dma and a close below the 65-dma is also reliably bearish. Third, negative IP21 readings at the 5% upper band for SP-500 stocks usually bring a decline. But where the volatility is greater, one has to watch for negative non-confirmations farther away from the 21-dma. |
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11/10/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs These may be somewhat delayed. Bullish MAXCPs http://tigersoft.com/upping/11-10-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-10-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 11/10/2023 --- Bullish = 0 Bearish = 3 IWM, TAN, CORN ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 343.01 3.9 341.04 35.2% ------- BLUE -.099 ---- ----- --------------------------------------------------------------------------------------------- COMPQX 13798.11 276.66 13518.78 117.9% ------- BLUE .08 -.003 .077 --------------------------------------------------------------------------------------------- SPY 440.61 6.77 435.69 67.9% ------- BLUE -.036 -.008 -.044 --------------------------------------------------------------------------------------------- QQQ 378.39 8.32 369.21 144.1% ------- BLUE .015 .015 .03 --------------------------------------------------------------------------------------------- MDY 445.96 5.41 448.52 -78.9% Bearish BLUE -.152 -.064 -.216 --------------------------------------------------------------------------------------------- IWM 169.11 1.87 172.31 -157.2% Bearish BLUE -.186 -.09 -.276 --------------------------------------------------------------------------------------------- FAS 61.13 2.01 59.99 35.9% ------- BLUE -.151 -.057 -.208 --------------------------------------------------------------------------------------------- RETL 5.37 .14 5.87 -561.8% Bearish BLUE .045 -.215 -.17 --------------------------------------------------------------------------------------------- SOXL 20.6 2.21 18.25 601.4% ------- BLUE -.037 -.123 -.16 --------------------------------------------------------------------------------------------- TECL 55 3.9 49.39 652.3% Bullish BLUE .048 .041 .089 --------------------------------------------------------------------------------------------- IBB 115.53 .55 119.41 -179.6% Bearish BLUE -.063 -.089 -.152 --------------------------------------------------------------------------------------------- GLD 179.51 -1.98 183.35 -144.6% Bullish RED .065 .011 .076 --------------------------------------------------------------------------------------------- DBO 15.83 .33 16.52 -209.8% Bearish BLUE .082 -.03 .052 --------------------------------------------------------------------------------------------- OIH 318.89 4.41 330.06 -255.7% ------- RED -.142 -.05 -.192 --------------------------------------------------------------------------------------------- CPER 22.45 -.18 23.14 -87.6% Bullish RED .157 -.033 .124 --------------------------------------------------------------------------------------------- TAN 41.4 -.16 43.88 -380.9% ------- BLUE -.086 -.275 -.361 --------------------------------------------------------------------------------------------- UUP 29.84 -.02 29.64 38.7% Bearish ---- -.067 .047 -.02 --------------------------------------------------------------------------------------------- CORN 21.73 -.18 22.28 -131.1% Bearish RED -.298 -.002 -.3 --------------------------------------------------------------------------------------------- WEAT 5.76 -.08 5.79 -8.6% ------- RED -.017 -.025 -.042 --------------------------------------------------------------------------------------------- YINN 25.43 -.18 27.65 -372.7% ------- BLUE .11 -.21 -.1 |
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TABLE 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/10/23 Bullish = 11 Bearish = 37 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU .666 .666 .666 .666 .666 .666 INSURANC .653 .615 .615 .576 .615 .692 MILITARY .64 .6 .64 .68 .64 .64 NIFTY .604 .511 .558 .465 .418 .418 SOFTWARE .604 .458 .52 .458 .395 .479 DOWJONES .6 .433 .466 .5 .5 .433 COPPER .571 .571 .571 .714 .714 .571 HOMEBLDG .571 .321 .321 .392 .392 .535 NASD-100 .56 .44 .5 .48 .45 .45 HACKERS .533 .4 .533 .466 .4 .466 BONDFUND .517 .241 .54 .218 .137 .149 ============================================================================================= COAL .5 .333 .333 .333 .5 .833 GAMING .5 .444 .444 .444 .388 .444 ============================================================================================= INFRA .483 .322 .322 .387 .483 .548 HIGHPRIC .469 .364 .425 .425 .394 .394 FINANCE .468 .405 .43 .481 .556 .582 EAT .463 .365 .341 .341 .341 .39 DJI-13 .461 .384 .461 .461 .461 .384 BEVERAGE .428 .5 .5 .428 .5 .428 BIGBANKS .428 .285 .428 .428 .571 .571 GUNS .428 .428 .5 .5 .5 .5 REGBANKS .421 .315 .473 .605 .684 .71 FIDSTKS .42 .337 .408 .42 .437 .437 ETFS .415 .301 .358 .433 .452 .433 SP-100 .411 .344 .388 .4 .422 .411 SP500 .401 .323 .372 .368 .389 .413 RETAIL .4 .4 .444 .533 .511 .577 COMODITY .394 .368 .368 .447 .526 .552 ELECTRON .392 .307 .323 .315 .33 .338 UTILITY .384 .282 .41 .564 .615 .615 RUS-1000 .377 .309 .36 .358 .366 .391 INDMATER .362 .304 .318 .347 .362 .42 SEMI .362 .263 .285 .274 .274 .296 FOOD .361 .361 .388 .416 .5 .555 COMPUTER .35 .25 .25 .2 .2 .2 GREEN .333 .333 .333 .388 .388 .444 INDEXES .318 .227 .254 .297 .351 .367 CHEM .302 .162 .255 .209 .232 .302 REIT .289 .264 .33 .314 .371 .471 GOLD .285 .309 .38 .452 .666 .738 TRANSP .263 .105 .157 .157 .21 .157 AUTO .259 .203 .222 .222 .203 .185 LOWPRICE .228 .231 .24 .243 .263 .269 BIOTECH .215 .187 .248 .271 .248 .271 OILGAS .206 .144 .144 .206 .288 .371 MARIJUAN .2 .2 .3 .2 .4 .3 CHINA .17 .17 .195 .195 .219 .219 HOSPITAL .153 .153 .153 .153 .153 .153 JETS .09 .09 .09 .09 .09 .09 SOLAR .062 .062 .062 .062 .062 .062 |
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11/10/2023 Friday 5:45 AM DJI +97 See https://dowfutures.org
NASDAQ +21
11/09/2023
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Nightly Comments How long can a distinct minority of stocks continue to hold up the DJI and the big indexes? Look back at the Peerless 1999-2000 to get an idea. Answer: Maybe January 2024, like the January 2000 top. http://tigersoft.com/--1--/ Fed Chairman Powell said that monetary policy was still in a "restrictive" phase. This meager morsel of bearishness was enough to drop the DJI by 200 points intra-day. The bulls want to hear about when rates will be coming down. The market's response begs the question: What will it do when one of the "hawks" get the microphone?. The technicals show vulnerability, even if Peerless has not given a sell signal. If the DJI had not sold off today, and instead, have held at its highs, we could have gotten a Sell S9 or S12. Breadth has been quite negative all weak. Red distribution and/or negative Power Rankings abound in the Tiger charts of the key indices and ETFs. See how few groups of stocks in Table 3 show a majority of their components above the 65-dma. This means there is lots of resistance overhead. And five or more bluecandles followed by a red candle, as the key ETFs and tech leaders now show is distinctly bearish. I marked when there was a red candle following 5 or more blue candles in most of the charts we provide links to below. At least 75% produced worthwhile declines. The exceptions were in oil, leveraged ETFs and low priced stocks mainly. Very powerful relative strengh and heighted Public interest was a problem in those cases where the stock or ETF rose an additional 10%. Ten year rates jumped off its rising 65-dma as Powell spoke today. Bonds fell. This the leading techs do not like. But see in our charts of QQQ and TECL how their Relative Strength Lines are still rising. MSFT is the key stock showing this pattern. The tech ETFs need to be watched. Their rallies may not be over. I suggested hedging (shorting) the weakest stock groups. Those include smaller stocks or IWM, TAN, JETS or RETL. See how negative their Tiger Power Ranking scores are and how they still show heavy red distribtution and falling Closing Powers. |
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11/9/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs These may be somewhat delayed. Bullish MAXCPs http://tigersoft.com/upping/11-09-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-09-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 11/9/2023 --- Bullish = 0 Bearish = 5 MDY, IWM, RETL, SOXL, TAN ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 339.11 -2.01 340.61 10.6% ------- RED -.139 ================= --------------------------------------------------------------------------------------------- COMPQX 13521.45 -128.96 13478.28 84.1% ------- RED .019 -.006 .013 --------------------------------------------------------------------------------------------- SPY 433.84 -3.41 434.69 35.4% ------- RED -.09 -.009 -.099 --------------------------------------------------------------------------------------------- QQQ 370.07 -2.87 367.71 89.8% ------- RED -.042 .011 -.031 --------------------------------------------------------------------------------------------- MDY 440.55 -4.7 453.01 -42.4% Bearish RED -.201 -.059 -.26 --------------------------------------------------------------------------------------------- IWM 167.24 -2.63 174.49 -76.6% Bearish RED -.238 -.085 -.323 --------------------------------------------------------------------------------------------- FAS 59.12 -.72 60.7 67% ------- RED -.186 -.083 -.269 --------------------------------------------------------------------------------------------- RETL 5.23 -.3 6.01 -260.6% Bearish RED -.057 -.217 -.274 --------------------------------------------------------------------------------------------- SOXL 18.39 -.28 18.38 360% ------- RED -.091 -.185 -.276 --------------------------------------------------------------------------------------------- TECL 51.1 -.76 48.43 405.6% Bullish RED -.005 -.004 -.009 --------------------------------------------------------------------------------------------- IBB 114.98 -3.5 119.79 -77.3% Bearish RED -.127 -.085 -.212 --------------------------------------------------------------------------------------------- GLD 181.49 .72 184.79 -71.8% Bullish BLUE .06 .036 .096 --------------------------------------------------------------------------------------------- DBO 15.5 .01 16.5 -400.5% Bearish RED .054 -.017 .037 --------------------------------------------------------------------------------------------- OIH 314.48 .35 335.35 -340.3% ------- RED -.169 -.051 -.22 --------------------------------------------------------------------------------------------- CPER 22.63 -.02 22.85 -69.8% Bullish RED .154 -.014 .14 --------------------------------------------------------------------------------------------- TAN 41.56 -.98 44.7 -169.7% Bearish RED -.132 -.257 -.389 --------------------------------------------------------------------------------------------- UUP 29.86 .13 29.61 -5% Bearish BLUE 0 .068 .068 --------------------------------------------------------------------------------------------- CORN 21.91 -.22 22.31 -9% ------- RED -.257 .018 -.239 --------------------------------------------------------------------------------------------- WEAT 5.84 -.07 5.77 112.3% ------- ---- .071 0 .071 --------------------------------------------------------------------------------------------- YINN 25.61 -1.15 27.44 -7.4% Bearish RED .044 -.22 -.176 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/9/23 Bullish = 5 Bearish = 44 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU .666 .666 .666 .666 .666 .666 INSURANC .615 .615 .576 .615 .692 .576 MILITARY .6 .64 .68 .64 .64 .64 COPPER .571 .571 .714 .714 .571 .714 NIFTY .511 .558 .465 .418 .418 .372 ============================================================================================== BEVERAGE .5 .5 .428 .5 .428 .142 ============================================================================================== SOFTWARE .479 .52 .458 .395 .437 .416 GAMING .444 .444 .388 .444 .388 .222 NASD-100 .44 .5 .48 .45 .45 .42 DOWJONES .433 .466 .5 .5 .433 .433 GUNS .428 .5 .5 .5 .5 .428 FINANCE .405 .43 .481 .544 .582 .341 HACKERS .4 .533 .466 .4 .466 .266 RETAIL .4 .444 .533 .511 .577 .466 DJI-13 .384 .461 .461 .461 .384 .384 COMODITY .368 .394 .421 .526 .552 .447 EAT .365 .341 .341 .341 .365 .317 HIGHPRIC .364 .425 .425 .394 .39 .271 FOOD .361 .388 .416 .5 .555 .388 SP-100 .344 .388 .4 .422 .411 .344 FIDSTKS .337 .408 .42 .437 .437 .349 COAL .333 .333 .333 .5 .833 1 GREEN .333 .333 .388 .388 .388 .333 SP500 .323 .372 .368 .386 .409 .323 INFRA .322 .322 .387 .483 .548 .451 HOMEBLDG .321 .321 .392 .392 .464 .25 REGBANKS .315 .473 .605 .684 .71 .394 RUS-1000 .31 .36 .357 .366 .389 .306 GOLD .309 .38 .452 .666 .738 .404 ELECTRON .307 .323 .315 .33 .323 .261 INDMATER .304 .318 .347 .362 .434 .304 ETFS .301 .358 .433 .452 .433 .169 BIGBANKS .285 .428 .428 .571 .571 0 UTILITY .282 .41 .564 .615 .615 .538 REIT .264 .314 .314 .38 .471 .371 SEMI .263 .285 .274 .274 .296 .219 COMPUTER .25 .25 .2 .2 .15 .2 BONDFUND .241 .528 .218 .149 .16 .045 LOWPRICE .231 .243 .243 .266 .266 .234 INDEXES .227 .254 .297 .351 .356 .227 AUTO .203 .24 .222 .203 .185 .129 MARIJUAN .2 .3 .2 .4 .3 .2 BIOTECH .185 .248 .271 .253 .266 .182 CHINA .17 .195 .195 .219 .219 .146 CHEM .162 .255 .209 .232 .302 .139 HOSPITAL .153 .153 .153 .153 .153 .153 OILGAS .144 .144 .206 .288 .371 .391 TRANSP .105 .157 .157 .21 .157 .105 JETS .09 .09 .09 .09 .09 .09 SOLAR .062 .062 .062 .062 .062 .062 |
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11/9/2023 Thursday 6:00 AM DJI +45 See https://dowfutures.org
NASDAQ +5
11/8/2023
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Nightly Comments The market now is holding/waiting to hear the speeches just ahead of Fed Chairman Powell and some other members of the FOMC. The DJI has reached its 1.9% band. But to make a move higher that does not bring a Peerless Sell S9 or S12, we will have to see a marked improvement in breadth and volume compared to the first three trading days of this week. Breadth was negative each day. But to get a Sell, we need to see a clear-cut new TigerSoft Sell S35, one that shows a big red candle. To avoid trouble, the closings will need to stay higher than the openings.
I tested the idea that a red candle following a string of 5 or more |
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11/8/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs These may be somewhat delayed. Bullish MAXCPs http://tigersoft.com/upping/11-08-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-08-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 11/8/2023 --- Bullish = 0 Bearish = 2 IWM, TAN ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 341.12 -.42 338.39 124.5% ------- RED -.091 ----- ----- --------------------------------------------------------------------------------------------- COMPQX 13650.41 10.55 13294.19 219.8% Bearish RED .104 0 .104 --------------------------------------------------------------------------------------------- SPY 437.25 .32 430.76 168.8% Bearish RED -.026 -.005 -.031 --------------------------------------------------------------------------------------------- QQQ 372.94 .24 363.44 218.3% Bearish RED .025 .017 .042 --------------------------------------------------------------------------------------------- MDY 445.25 -2.13 444.35 115% Bearish RED -.164 -.056 -.22 --------------------------------------------------------------------------------------------- IWM 169.87 -1.83 169.87 129.1% Bearish RED -.204 -.076 -.28 --------------------------------------------------------------------------------------------- FAS 59.84 .15 58.32 458.8% ------- BLUE -.161 -.076 -.237 --------------------------------------------------------------------------------------------- RETL 5.53 -.31 5.53 388.1% Bearish RED -.011 -.168 -.179 --------------------------------------------------------------------------------------------- SOXL 18.67 .07 17.08 770.5% Bearish ---- -.034 -.169 -.203 --------------------------------------------------------------------------------------------- TECL 51.86 .82 47.08 733.2% Bullish BLUE .068 .025 .093 --------------------------------------------------------------------------------------------- IBB 118.48 -1.82 116.82 138.2% ------- RED -.078 -.063 -.141 --------------------------------------------------------------------------------------------- GLD 180.77 -1.82 184.12 -74.6% ------- RED .072 .027 .099 --------------------------------------------------------------------------------------------- DBO 15.49 -.34 16.8 -304.4% Bearish RED .096 -.021 .075 --------------------------------------------------------------------------------------------- OIH 314.13 -1.47 336.69 -190.7% ------- BLUE -.098 -.053 -.151 --------------------------------------------------------------------------------------------- CPER 22.65 -.3 22.95 -32.7% Bullish RED .143 -.021 .122 --------------------------------------------------------------------------------------------- TAN 42.54 -1.37 43.04 117.5% Bearish RED -.105 -.254 -.359 --------------------------------------------------------------------------------------------- UUP 29.73 -.01 29.89 -52% Bearish RED -.044 .054 .01 --------------------------------------------------------------------------------------------- CORN 22.13 .16 21.95 0% ------- BLUE -.234 .014 -.22 --------------------------------------------------------------------------------------------- WEAT 5.91 .15 5.71 200.3% ------- BLUE .077 .01 .087 --------------------------------------------------------------------------------------------- YINN 26.76 -.62 25.65 362.9% ------- RED .061 -.21 -.149 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/8/23 Bullish - 8 Bearish - 39 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU .666 .666 .666 .666 .666 .666 MILITARY .64 .68 .64 .64 .6 .44 INSURANC .615 .576 .615 .692 .576 .538 COPPER .571 .714 .714 .571 .714 .571 NIFTY .558 .465 .418 .418 .372 .302 SOFTWARE .541 .458 .395 .437 .395 .291 HACKERS .533 .466 .4 .466 .266 .2 BONDFUND .528 .206 .149 .172 .057 0 ================================================================================================ BEVERAGE .5 .428 .5 .428 .142 .142 GUNS .5 .5 .5 .5 .428 .5 NASD-100 .5 .48 .45 .45 .41 .3 REGBANKS .473 .605 .684 .71 .394 .131 DOWJONES .466 .5 .5 .433 .4 .266 ===== DJI-13 .461 .461 .461 .384 .384 .23 GAMING .444 .388 .388 .444 .222 .166 RETAIL .444 .533 .511 .577 .466 .333 FINANCE .43 .481 .544 .569 .341 .151 BIGBANKS .428 .428 .571 .571 0 0 HIGHPRIC .425 .425 .394 .39 .263 .175 UTILITY .41 .564 .615 .615 .538 .307 FIDSTKS .408 .42 .437 .437 .343 .213 COMODITY .394 .447 .5 .552 .447 .342 FOOD .388 .416 .5 .555 .388 .305 SP-100 .388 .4 .422 .411 .333 .2 GOLD .38 .452 .666 .738 .404 .38 SP500 .372 .368 .386 .407 .317 .195 ETFS .358 .433 .452 .433 .169 0 RUS-1000 .356 .352 .361 .385 .3 .187 EAT .341 .341 .341 .365 .268 .219 COAL .333 .333 .5 .833 1 .5 GREEN .333 .388 .388 .388 .333 .222 ELECTRON .323 .315 .33 .323 .238 .192 INFRA .322 .387 .483 .548 .451 .354 HOMEBLDG .321 .392 .392 .464 .25 .035 INDMATER .318 .347 .362 .434 .318 .173 REIT .314 .297 .38 .479 .371 .19 MARIJUAN .3 .2 .4 .3 .2 .2 SEMI .285 .274 .274 .296 .197 .142 CHEM .255 .209 .232 .302 .139 .046 INDEXES .254 .297 .351 .356 .216 .118 COMPUTER .25 .2 .2 .15 .2 .15 BIOTECH .246 .271 .253 .271 .18 .157 LOWPRICE .243 .246 .266 .269 .234 .219 AUTO .24 .24 .203 .185 .129 .092 CHINA .195 .195 .219 .219 .146 .146 TRANSP .157 .157 .21 .157 .105 .052 HOSPITAL .153 .153 .153 .153 .153 .076 OILGAS .144 .206 .288 .371 .381 .309 JETS .09 .09 .09 .09 .09 .09 SOLAR .062 .062 .062 .062 .062 0 |
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11/8/2023 Wednesday 6:17 AM DJI +20
See https://dowfutures.org NASDAQ
-1
11/7/2023
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Nightly Comments "The PEERLESS Buy B2 reliably predicted a rally to the upper 3% band and the DJI to its falling 65-dma. It is now there. It will be asking a lot for the DJI to immediately lead the charge much higher." Three tech stocks (MSFT, AAPL and NVDA) are the main drivers of higher prices on the SP-500 and NASDAQ. And to a lesser extent, the DJI-30 moves a lot because its two highest priced components, UNH and GS, are especially important. If these five stocks were to show a big red candlestick after the current streak of blue candlestick days, I would expect a retreat to begin. The new Peerless Buy B12, in Novembers, actually makes a decline to the lower band seem a good possibility. Where the Tiger Accumulation has been negative, there is more vulnerability. If the Professionals start to get out in a big way, as shown by a "big red candlestick', the rally could fizzle badly. And this could happen if Powell, who speaks today, turns "hawkish" or the ten year rates go back upwards from their rising 65-dma. Breadth the last two days on the NYSE has been negative. If the DJI should rally 0.4% higher (about 150 points), we will probably get a Peerless S9/S12. So, watch the breadth today, too. For now, the RSQ and Closing Powers are rising for the key ETFs, but we have to be especially careful because of the power of Powell's words. Watch NAIL, it is highly rate sensitive and on the "cusp" of its 65-dma. Short sellers, look at the notes on the Bearish MINCPs tonight. They offer some new approaches to finding the best short- selling candidates using Tiger candlesticks. Charts in focus today ---> http://tigersoft.com/INFOCUS/11-07-2023/INDEX.htm |
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11/7/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs These may be somewhat delayed. Bullish MAXCPs http://tigersoft.com/upping/11-07-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-07-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 11/7/2023 --- Bullish =0 Bearish = 1 Corn ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 341.54 .5 332.68 164.3% ------- BLUE -.088 0 ----- --------------------------------------------------------------------------------------------- COMPQX 13639.86 121.08 13061.47 297.8% ------- BLUE .077 .007 .084 --------------------------------------------------------------------------------------------- SPY 436.93 1.24 422.66 218.6% ------- BLUE -.048 -.001 -.049 --------------------------------------------------------------------------------------------- QQQ 372.7 3.49 356.96 301.8% ------- BLUE .006 .028 .034 --------------------------------------------------------------------------------------------- MDY 447.38 -1.14 435 167.8% ------- ---- -.142 -.048 -.19 --------------------------------------------------------------------------------------------- IWM 171.7 -.61 165.46 212% ------- BLUE -.167 -.063 -.23 --------------------------------------------------------------------------------------------- FAS 59.69 -.3 54.46 543.7% ------- BLUE -.182 -.064 -.246 --------------------------------------------------------------------------------------------- RETL 5.84 -.03 5.09 642.4% Bullish ---- .084 -.089 -.005 --------------------------------------------------------------------------------------------- SOXL 18.6 .35 15.95 1093.9% ------- BLUE -.032 -.12 -.152 --------------------------------------------------------------------------------------------- TECL 51.04 1.65 44.8 935.1% Bullish BLUE .032 .058 .09 --------------------------------------------------------------------------------------------- IBB 120.3 .89 115.21 282.9% ------- BLUE -.039 -.049 -.088 --------------------------------------------------------------------------------------------- GLD 182.59 -.76 183.51 -40.8% Bullish BLUE .109 .037 .146 --------------------------------------------------------------------------------------------- DBO 15.83 -.69 16.49 -214.2% Bearish RED .112 .003 .115 --------------------------------------------------------------------------------------------- OIH 315.6 -14.46 326.67 -133.1% ------- RED -.075 -.05 -.125 --------------------------------------------------------------------------------------------- CPER 22.95 -.19 22.8 54.6% Bullish BLUE .162 -.007 .155 --------------------------------------------------------------------------------------------- TAN 43.91 .03 41.52 224.3% Bullish BLUE .049 -.21 -.161 --------------------------------------------------------------------------------------------- UUP 29.74 .1 30.04 -48.6% Bearish ---- -.061 .039 -.022 --------------------------------------------------------------------------------------------- CORN 21.97 -.31 22.13 -60.9% ------- RED -.24 -.02 -.26 --------------------------------------------------------------------------------------------- WEAT 5.76 -.03 5.68 87.4% ------- ---- .028 -.048 -.02 --------------------------------------------------------------------------------------------- YINN 27.38 -.27 24.83 418.7% ------- BLUE .098 -.154 -.056 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/7/23 Bullish = 7 Bearish = 38 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COPPER .714 .714 .571 .714 .571 .571 EDU .666 .666 .666 .666 .666 .666 MILITARY .653 .615 .615 .576 .423 .423 REGBANKS .605 .684 .71 .394 .131 .105 INSURANC .576 .615 .692 .576 .538 .423 UTILITY .564 .615 .615 .538 .307 .102 RETAIL .521 .5 .565 .456 .326 .282 ============================================================================================= DOWJONES .5 .5 .433 .4 .266 .266 GUNS .5 .5 .5 .428 .5 .5 HACKERS .5 .437 .5 .312 .25 .375 SOFTWARE .5 .428 .446 .41 .303 .303 NASD-100 .485 .455 .455 .415 .306 .237 FINANCE .475 .537 .562 .325 .15 .137 GOLD .466 .666 .733 .422 .4 .4 DJI-13 .461 .461 .384 .384 .23 .23 NIFTY .454 .409 .409 .363 .295 .25 COMODITY .447 .526 .526 .447 .342 .315 ETFS .436 .454 .436 .181 .018 0 BEVERAGE .428 .5 .428 .142 .142 .142 BIGBANKS .428 .571 .571 0 0 0 HIGHPRIC .428 .398 .393 .264 .177 .155 GAMING .421 .421 .421 .315 .21 .21 FIDSTKS .42 .437 .437 .343 .213 .177 SP-100 .4 .422 .411 .333 .2 .166 HOMEBLDG .392 .392 .464 .25 .035 0 GREEN .388 .388 .388 .333 .222 .166 INFRA .387 .483 .548 .451 .354 .29 SP500 .368 .386 .407 .315 .193 .167 FOOD .367 .428 .448 .346 .285 .265 RUS-1000 .358 .365 .388 .305 .194 .166 INDMATER .347 .361 .43 .319 .194 .194 EAT .341 .341 .365 .268 .219 .219 COAL .333 .5 .833 1 .5 .666 ELECTRON .33 .345 .338 .255 .203 .18 INDEXES .297 .351 .356 .216 .124 .145 REIT .297 .363 .479 .38 .19 .173 SEMI .282 .282 .304 .206 .152 .152 BIOTECH .269 .253 .271 .185 .154 .152 LOWPRICE .246 .269 .269 .237 .214 .217 AUTO .24 .222 .185 .129 .092 .074 CHEM .209 .232 .302 .139 .046 .046 BONDFUND .206 .137 .172 .068 .011 0 OILGAS .206 .288 .371 .381 .309 .288 COMPUTER .2 .2 .15 .2 .15 .15 MARIJUAN .2 .4 .3 .2 .2 .1 CHINA .195 .219 .219 .146 .146 .17 TRANSP .157 .21 .157 .105 .052 .052 HOSPITAL .153 .153 .153 .153 .076 .076 JETS .076 .076 .076 .076 .076 .076 SOLAR .062 .062 .062 .062 0 .062 |
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11/7/2023 Tuesday 5:57AM DJI -70 See https://dowfutures.org
NASDAQ -1
11/6/2023
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Comments " The PEERLESS Buy B2 reliably predicted a rally to the upper 3% band and the DJI to its falling 65-dma. It is now there. It will be asking a lot for the DJI to immediately lead the charge much higher." Housing Stocks cooled off. Again, we have a two-tier market led by AAPL, MSFT and NVDA. Rates rose somewhat today, thereby calling into question the idea that the FED will be lowering rates by much any time soon, and by enough to start a bull market for the beaten-down stock sectors, like IWM, Retail, Airlines or Solar Power. As a consequence, too, housing stocks, regional banks and low Power Ranked stocks fell. The rush by shorts to cover the weakest stocks has apparently ended. And in the end there were 1200 more down than up on the NYSE. Despite the poor breadth today, the DJI, SPY, QQQ and TECL rose a little. Professionals were still net buyers of the big stocks that make the DJI, SP-500, NASDAQ and QQQ move up. Notably, AAPL, MSFT and NVDA. The recovery's easy part is over. The DJI, SPY, QQQ and NASDAQ have all simultaneously reached the resistance of their falling 65-dma. It is very important that the Professionals keep the appearance of a rally alive. Otherwise, the DJI may do what it did in 1946 and 1950 when there were November Buy B12 signals based mainly on a week of good breadth, and the DJI fell to the lower band again before starting a big rally in December. Watch the candlestick charts for DIA, SPY and QQQ. A series of seemingly insignificant small red candles without a big decline would be just as bearish as a big red candle now in DIA, SPY and QQQ. See the charts of PCT and UCO to see the type of top I mean.
Watch MSFT, AAPL and NVDA. They have again emerged |
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11/6/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs These may be somewhat delayed. Bullish MAXCPs http://tigersoft.com/upping/11-06-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-06-2023/Bearish.htm |
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Table 2 TIGER QUICKSILVER on ETFS - 11/3/2023 --- Bullish =0 Bearish =0 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 341.04 .43 330.48 176.6% ------- BLUE -.063 0 ------ --------------------------------------------------------------------------------------------- COMPQX 13518.78 40.5 12851.24 278.5% ------- BLUE .085 .002 .087 --------------------------------------------------------------------------------------------- SPY 435.69 1 418.2 236.8% ------- BLUE -.033 -.003 -.036 --------------------------------------------------------------------------------------------- QQQ 369.21 1.5 350.87 279.8% ------- BLUE .012 .021 .033 --------------------------------------------------------------------------------------------- MDY 448.52 -4.49 432.52 227.3% ------- RED -.124 -.042 -.166 --------------------------------------------------------------------------------------------- IWM 172.31 -2.18 164.52 274.6% ------- RED -.155 -.056 -.211 --------------------------------------------------------------------------------------------- FAS 59.99 -.71 53.45 741% ------- RED -.157 -.048 -.205 --------------------------------------------------------------------------------------------- RETL 5.87 -.14 5.13 793.5% Bullish RED .099 -.057 .042 --------------------------------------------------------------------------------------------- SOXL 18.25 -.13 14.9 1150.4% ------- RED -.017 -.109 -.126 --------------------------------------------------------------------------------------------- TECL 49.39 .96 42.36 883.4% Bullish BLUE .036 .042 .078 --------------------------------------------------------------------------------------------- IBB 119.41 -.38 113.68 275.7% ------- RED -.052 -.057 -.109 --------------------------------------------------------------------------------------------- GLD 183.35 -1.44 184.09 -47.5% Bullish RED .126 .039 .165 --------------------------------------------------------------------------------------------- DBO 16.52 .02 16.54 -75.2% Bearish RED .162 .04 .202 --------------------------------------------------------------------------------------------- OIH 330.06 -5.29 324.4 65.8% ------- RED .05 .004 .054 --------------------------------------------------------------------------------------------- CPER 23.14 .29 22.7 83.3% Bullish ---- .157 .003 .16 --------------------------------------------------------------------------------------------- TAN 43.88 -.82 41.98 297.5% ------- RED .027 -.212 -.185 --------------------------------------------------------------------------------------------- UUP 29.64 .03 30.03 -35.1% Bearish ---- -.11 .029 -.081 ------------------------------------------------------------------------------------- -------- CORN 22.28 -.03 22.24 22.6% Bullish ---- -.235 .007 -.228 --------------------------------------------------------------------------------------------- WEAT 5.79 .02 5.66 52.5% ------- ---- .03 -.05 -.02 --------------------------------------------------------------------------------------------- YINN 27.65 .21 25.19 262.8% ------- RED .099 -.092 .007 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/6/23 Bullish = 10 Bearish = 35 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COPPER .714 .571 .714 .571 .428 .571 REGBANKS .684 .71 .394 .131 .105 .052 EDU .666 .666 .666 .666 .666 .666 GOLD .666 .733 .422 .4 .377 .511 INSURANC .615 .692 .576 .538 .423 .346 MILITARY .615 .615 .576 .423 .423 .346 UTILITY .615 .615 .538 .307 .102 .051 BIGBANKS .571 .571 0 0 0 0 FINANCE .537 .562 .325 .137 .137 .125 COMODITY .526 .552 .421 .342 .315 .394 ------------------------------------------------------------------------------------------------ BEVERAGE .5 .428 .142 .142 .142 .071 COAL .5 .833 1 .5 .666 .666 DOWJONES .5 .433 .4 .266 .266 .233 GUNS .5 .5 .428 .5 .5 .428 RETAIL .5 .565 .456 .326 .304 .239 ------------------------------------------------------------------------------------------------ INFRA .483 .548 .451 .354 .258 .258 DJI-13 .461 .384 .384 .23 .23 .153 NASD-100 .455 .455 .415 .306 .247 .198 ETFS .454 .436 .181 .018 .018 0 SOFTWARE .446 .464 .41 .303 .285 .232 FIDSTKS .437 .437 .343 .213 .177 .142 HACKERS .437 .5 .312 .25 .375 .187 FOOD .428 .469 .326 .285 .265 .346 SP-100 .422 .411 .333 .2 .177 .155 GAMING .421 .421 .263 .263 .21 .105 NIFTY .409 .409 .363 .295 .25 .204 MARIJUAN .4 .3 .2 .2 .1 0 HIGHPRIC .398 .393 .264 .177 .16 .138 HOMEBLDG .392 .464 .25 .035 0 0 GREEN .388 .388 .333 .222 .166 .111 SP500 .386 .407 .315 .191 .169 .128 RUS-1000 .366 .388 .304 .194 .165 .131 REIT .363 .462 .38 .198 .173 .107 INDMATER .361 .43 .319 .194 .194 .194 INDEXES .351 .356 .216 .124 .145 .162 ELECTRON .345 .338 .255 .203 .18 .157 EAT .341 .365 .268 .219 .219 .195 OILGAS .288 .371 .381 .309 .278 .268 SEMI .282 .304 .206 .152 .152 .119 LOWPRICE .269 .272 .237 .217 .214 .205 BIOTECH .253 .274 .187 .162 .149 .129 CHEM .232 .302 .139 .046 .046 .023 AUTO .222 .203 .129 .092 .074 .037 CHINA .219 .219 .146 .146 .17 .146 TRANSP .21 .157 .105 .052 .052 .105 COMPUTER .2 .15 .2 .15 .15 .1 HOSPITAL .153 .153 .153 .076 .076 0 BONDFUND .137 .16 .068 .022 .011 0 JETS .076 .076 .076 .076 .076 .076 SOLAR .062 .062 .062 0 .062 0 |
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11/6/2023 Monday 5:45 AM DJI +24 See https://dowfutures.org
NASDAQ +12
11/32023
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Comments The Professionals are still buying, the shorts are still covering and bullish sentiment grows as the Fed allows the rates on the Ten and Twenty Years to drop. But the recovery's easy part is over. Now the DJI, SPY, QQQ andNASDAQ have all reached the resistance of their falling 65-dma. It is very important that the Professionals keep the rally alive in the second half of today's trading. Tuesday's, Wednesday's and beyond so that the pattern of falling highs and lows is voided. We now have a series of Blue candlesticks for five days in many key stocks and ETFs. This can last as long as 10 or 11 days in rare cases. But unfortunately, a "big red popsicle", this week would show that Professionals, as a whole, are taking profits and that could doom the rally without allowing a clear breakout past the 65-dma and cause a retest of the DJI's recent lows. I would say the Housing stocks in our Hotline's graphs below and the regional banks along with Goldman Sachs are this rally's leaders every but as much as the big techs. Watch them. They need to keep rallying. The PEERLESS Buy B2 reliably predicted a rally to the upper 3% band and the DJI to its falling 65-dma. It is now there. It will be asking a lot for the DJI to immediately lead the charge much higher. Though breadth has been superb on this past week's rally, it is not clear which DJI-30 stocks can produce more big gains. Friday's close produced a bullish Buy B12 from Peerless. This often occurs as a new bull market begins, provided volume jumps up much more than now and the IP21-Accumulation Index surges well into positive territory. Neither is the case now. Moreover, the two past Novermber Buy B12s both first brought a retest of the 65-dma before a bull market started. (See http://www.tigersoft.com/PeerInst-2012-2013/-B12.htm ) Past November Buy B12s since 1929 Date Signal DJI Gain when Subsequent Low and Paper Loss reversed 19461104 B12 174.4 .053 163.6 -.0619 11/22/1946 19501109 B12 227.2 .14 222.3 -.0215 12/2/1950 See the importance of the trends of Closing Power and Relative strength in our new charts. Also look for blue candle streaks ending and blue and red candles at expected support and resistance. The automatic signal help in our stock charts, but they cannot replace a sharp-eyed inspection of the graphs for these key technicals. http://tigersoft.com/INFOCUS/11-03-2023/INDEX.htm |
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11/3/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs Bullish MAXCPs http://tigersoft.com/upping/11-03-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-03-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 11/3/2023 --- Bullish =0 Bearish =0 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 340.61 2.22 329.23 248% Bullish BLUE -.042 0 -.042 --------------------------------------------------------------------------------------------- COMPQX 13478.28 184.09 12789.48 323% Bullish BLUE .1 .002 .102 --------------------------------------------------------------------------------------------- SPY 434.69 3.93 415.59 286.1% Bullish BLUE -.014 -.004 -.018 --------------------------------------------------------------------------------------------- QQQ 367.71 4.27 349.2 317.1% Bullish BLUE .041 .019 .06 --------------------------------------------------------------------------------------------- MDY 453.01 8.66 428.58 322.4% Bullish BLUE -.072 -.034 -.106 --------------------------------------------------------------------------------------------- IWM 174.49 4.62 163.11 372% ------- BLUE -.106 -.046 -.152 --------------------------------------------------------------------------------------------- FAS 60.7 2.38 51.73 1073.2% Bullish BLUE -.126 -.034 -.16 --------------------------------------------------------------------------------------------- RETL 6.01 .48 5.02 1040.5% Bullish BLUE .138 -.026 .112 --------------------------------------------------------------------------------------------- SOXL 18.38 1.3 14.53 1057.2% Bullish BLUE .015 -.098 -.083 --------------------------------------------------------------------------------------------- TECL 48.43 1.35 41.47 955.3% Bullish BLUE .048 .048 .096 --------------------------------------------------------------------------------------------- IBB 119.79 2.97 113.03 323% Bullish BLUE -.012 -.054 -.066 --------------------------------------------------------------------------------------------- GLD 184.79 .67 185.1 -36.8% Bullish BLUE .184 .04 .224 --------------------------------------------------------------------------------------------- DBO 16.5 -.3 16.77 -355.9% Bearish RED .182 .048 .23 --------------------------------------------------------------------------------------------- OIH 335.35 -1.34 325.72 144.6% ------- RED .11 .013 .123 --------------------------------------------------------------------------------------------- CPER 22.85 -.1 22.76 41.7% Bullish ---- .156 -.017 .139 --------------------------------------------------------------------------------------------- TAN 44.7 1.66 41.35 448.9% ------- BLUE .089 -.193 -.104 --------------------------------------------------------------------------------------------- UUP 29.61 -.28 29.85 -60.1% Bearish ---- -.181 .023 -.158 --------------------------------------------------------------------------------------------- CORN 22.31 .36 22.18 9% Bullish BLUE -.215 -.001 -.216 --------------------------------------------------------------------------------------------- WEAT 5.77 .06 5.73 -26.2% ------- ---- .008 -.076 -.068 --------------------------------------------------------------------------------------------- YINN 27.44 1.79 26.29 384.5% ------- BLUE .167 -.11 .057 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/3/23 Bullish = 13 Bearish = 35 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL .833 1 .5 .666 .666 .666 GOLD .733 .422 .4 .377 .488 .555 REGBANKS .71 .394 .131 .105 .052 .026 (big rise) INSURANC .692 .576 .538 .423 .346 .269 EDU .666 .666 .666 .666 .666 .5 MILITARY .615 .576 .423 .423 .346 .269 UTILITY .615 .538 .307 .102 .051 .076 BIGBANKS .571 0 0 0 0 0 COPPER .571 .714 .571 .428 .571 .571 RETAIL .565 .456 .326 .304 .239 .217 FINANCE .562 .325 .137 .125 .112 .087 COMODITY .552 .447 .315 .315 .368 .447 INFRA .548 .451 .354 .258 .258 .225 ================================================================================================ GUNS .5 .428 .5 .5 .428 .428 HACKERS .5 .312 .25 .375 .187 .25 ================================================================================================ FOOD .469 .346 .265 .265 .326 .428 HOMEBLDG .464 .25 .035 0 0 0 SOFTWARE .464 .41 .303 .285 .214 .232 REIT .462 .363 .198 .181 .115 .09 NASD-100 .455 .415 .306 .247 .198 .138 FIDSTKS .437 .343 .213 .177 .142 .094 ETFS .436 .181 .018 .018 .018 0 DOWJONES .433 .4 .266 .266 .233 .166 ====== INDMATER .43 .319 .194 .194 .208 .208 BEVERAGE .428 .142 .142 .142 .071 0 GAMING .421 .263 .21 .263 .105 .105 SP-100 .411 .333 .2 .177 .155 .111 NIFTY .409 .363 .295 .25 .204 .181 SP500 .407 .315 .191 .167 .128 .089 HIGHPRIC .393 .264 .177 .16 .134 .099 RUS-1000 .389 .304 .193 .165 .13 .105 GREEN .388 .333 .222 .166 .111 .166 DJI-13 .384 .384 .23 .23 .153 .076 OILGAS .371 .381 .309 .278 .268 .36 EAT .365 .268 .219 .219 .195 .17 INDEXES .356 .216 .124 .145 .162 .172 ELECTRON .338 .255 .203 .18 .15 .142 SEMI .304 .206 .152 .152 .119 .108 CHEM .302 .139 .046 .046 .023 .023 MARIJUAN .3 .2 .2 .1 0 0 BIOTECH .271 .187 .162 .154 .119 .098 LOWPRICE .269 .237 .217 .217 .202 .205 CHINA .219 .146 .146 .17 .146 .146 AUTO .203 .148 .092 .074 .037 .018 BONDFUND .16 .057 .022 .022 .011 0 TRANSP .157 .105 .052 .052 .105 .052 HOSPITAL .153 .153 .076 .076 0 .076 COMPUTER .15 .2 .15 .15 .1 .1 JETS .076 .076 .076 .076 .076 .076 SOLAR .062 .062 0 .062 0 0 |
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11/3/2023 Friday 6:04 AM DJI +142 See https://dowfutures.org NASDAQ +58
11/2/2023 Data here.
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Comments Let's watch to see if the DJI can get past its 65-dma, a little above 34000. It is very important for the bulls that it do this. Blue candlesticks in series should be trusted, but only so long as there is not a "big red popsicle", because the close is far below the opening. This would show Professional profit-taking has begun. The PEERLESS Buy B2 reliably predicts a rally to the upper 3% band. Bullish hopes that the FED will not soon raise rates anymore has boosted not just bonds, utilities, regional banks and housing stocks. It has caused most groups to bounce up from their support or resistance levels. Now only 3/4 of all stocks are below their 65-dma! Did the FED really say anything new? To avoid still showing a pattern of lower lows and lower highs, the DJI, SPY and QQQ need to move past their highs of six weeks ago. To do this they must now get past the resistance of their 65-dma. Will the Professionals who have run the market up take profits there or advance these key indexes above their 65-dma? A red candlestick there would be clearly bearish. It could easily bring a retest of the recent lows. Today's breadth was superb and volume did rise, but this has been a market that Professionals, as judged by the color of the candlestick and the trend of the Closing Power, have dominated. The charts on the INFOCUS page show how well Closing Power has controled price swings in six stocks now at the key resistance of their falling 65-dma: AAPL, CRM, DIS, HON, M and NVDA. Watch these and the volatile, rebounding housing stocks to judge if the DIA, SPY, QQQ and TECL can overcome the same resistance and and the DJI can challenge its recent highs and its upper band. As usual, we have covered most of our short sales among the Bearish MINCPs because the steep Closing Power downtrend-lines were broken. But if you look at the Bearish MINCPs tonght, you will see there is another batch of stocks that sold off badly today despite the big gains for many other stocks. This is not a good sign. It shows that heavy "big money selling", where the IP21 drops below -.25 and stays deeply negative for 50, or so, trading days coupled with heavy Professional selling and CP new lows remains a deadly combination. |
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11/2/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs Bullish MAXCPs http://tigersoft.com/upping/11-02-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-02-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 11/2/2023 --- Bullish =2 GLD, DBO Bearish =0 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 338.39 5.71 324.19 160.7% Bullish BLUE -.029 0 -------- --------------------------------------------------------------------------------------------- COMPQX 13294. 232.72 12643.01 273.1% ------- BLUE .1 -.012 .088 --------------------------------------------------------------------------------------------- SPY 430.76 8.1 410.68 218.9% Bullish BLUE .006 -.009 -.003 --------------------------------------------------------------------------------------------- QQQ 363.44 6.48 345.31 283.2% ------- BLUE .038 .003 .041 --------------------------------------------------------------------------------------------- MDY 444.35 9.35 425.08 157.6% ------- BLUE -.076 -.046 -.122 --------------------------------------------------------------------------------------------- IWM 169.87 4.41 162.21 174.8% Bearish BLUE -.104 -.067 -.171 --------------------------------------------------------------------------------------------- FAS 58.32 3.86 49.23 588% Bullish BLUE -.099 -.061 -.16 --------------------------------------------------------------------------------------------- RETL 5.53 .44 4.94 415.2% Bullish BLUE .094 -.147 -.053 --------------------------------------------------------------------------------------------- SOXL 17.08 1.13 15.1 781.1% Bearish BLUE -.001 -.226 -.227 --------------------------------------------------------------------------------------------- TECL 47.08 2.28 40.18 903.5% Bullish BLUE .055 -.036 .019 --------------------------------------------------------------------------------------------- IBB 116.82 1.61 112.41 77.7% Bullish BLUE .009 -.069 -.06 --------------------------------------------------------------------------------------------- GLD 184.12 .61 186.15 3% Bullish ---- .211 .054 .265 --------------------------------------------------------------------------------------------- DBO 16.8 .31 17.7 -44.4% ------- BLUE .174 .085 .259 --------------------------------------------------------------------------------------------- OIH 336.69 10.02 325.87 167.5% Bullish BLUE .097 .023 .12 --------------------------------------------------------------------------------------------- CPER 22.95 .15 22.66 128% Bullish BLUE .186 -.006 .18 --------------------------------------------------------------------------------------------- TAN 43.04 1.52 40.95 -1.2% ------- BLUE .085 -.223 -.138 --------------------------------------------------------------------------------------------- UUP 29.89 -.15 29.97 -20% Bearish ---- -.218 .059 -.159 --------------------------------------------------------------------------------------------- CORN 21.95 -.18 22.27 -45.1% Bullish RED -.196 .002 -.194 --------------------------------------------------------------------------------------------- WEAT 5.71 .03 5.8 -95.9% ------- ---- .015 -.074 -.059 --------------------------------------------------------------------------------------------- YINN 25.65 .82 25.48 68.8% ------- BLUE .165 -.141 .024 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/2/23 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 .5 .666 .666 .666 .666 COPPER .714 .571 .428 .571 .428 .285 EDU .666 .666 .666 .666 .5 .5 INSURANC .576 .538 .423 .346 .269 .423 MILITARY .576 .423 .423 .346 .269 .307 UTILITY .538 .307 .102 .051 .051 .179 (big improvement) ----------------------------------------------------------------------------------------------- RETAIL .456 .326 .304 .239 .217 .239 INFRA .451 .354 .258 .258 .193 .129 COMODITY .447 .342 .289 .368 .447 .263 GUNS .428 .5 .5 .428 .428 .428 SOFTWARE .428 .321 .285 .214 .214 .196 GOLD .422 .4 .377 .488 .533 .422 NASD-100 .415 .306 .247 .198 .138 .168 DOWJONES .4 .266 .266 .233 .166 .2 REGBANKS .394 .131 .105 .052 .026 .052 (big improvement) DJI-13 .384 .23 .23 .153 .076 .23 OILGAS .381 .309 .278 .268 .35 .35 NIFTY .363 .295 .25 .204 .181 .113 REIT .363 .181 .181 .123 .09 .115 FOOD .346 .285 .244 .326 .428 .265 FIDSTKS .343 .213 .177 .142 .094 .147 GREEN .333 .222 .166 .111 .166 .166 SP-100 .333 .2 .177 .155 .111 .144 FINANCE .325 .137 .125 .1 .087 .112 INDMATER .319 .194 .194 .208 .208 .166 SP500 .315 .191 .167 .126 .089 .124 HACKERS .312 .25 .375 .187 .25 .187 RUS-1000 .305 .193 .164 .13 .107 .134 EAT .268 .219 .219 .195 .17 .17 HIGHPRIC .264 .177 .16 .134 .099 .112 GAMING .263 .21 .21 .157 .105 .157 ELECTRON .255 .203 .18 .15 .135 .135 HOMEBLDG .25 .035 0 0 0 0 LOWPRICE .237 .219 .217 .205 .205 .196 INDEXES .216 .124 .145 .162 .172 .162 SEMI .206 .152 .152 .119 .108 .097 COMPUTER .2 .15 .15 .1 .1 .15 MARIJUAN .2 .2 .1 0 0 0 BIOTECH .185 .162 .154 .124 .096 .134 ETFS .181 .018 .018 .018 .018 0 HOSPITAL .153 .076 .076 0 .076 0 AUTO .148 .111 .074 .037 .018 .018 CHINA .146 .146 .17 .146 .146 .146 BEVERAGE .142 .142 .142 .071 0 0 CHEM .139 .046 .046 .023 .023 .046 TRANSP .105 .052 .052 .105 .052 .052 JETS .076 .076 .076 .076 .076 0 SOLAR .062 0 .062 0 0 0 BONDFUND .057 .011 .022 .022 .011 0 BIGBANKS 0 0 0 0 0 0 |
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11/2/2023 Thursday 6:10 AM DJI +208 See https://dowfutures.org
NASDAQ +188
11/1/2023 Data here.
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Comments The bulls were right about Fed Chairman Powell. Thursday he told investors the "cycle" of rate hikes was close to ending and not only would there be no rate hike in November, but also none in December. Professionals "in the know" starting buying aggressively Monday morning even before the opening. Hence the rising Closing Powers, three days in a row for DIA, SPY, QQQ and the NASDAQ. Peerless somehow knew, too. The PEERLESS DJI now shows two B2s. These occur because since the Crash of 1987's, the FED has always been very careful about raising rates in October, as Greenspan did in October 1987. Stochastic Buys are also very reliable after the DJI has fallen 9% from its high, as is the case now. The DJI should rally back to its recent highs near 34000. Notice that it is just below its 21-dma. But this time a rally of, say, 2.5% will not reach the upper 2.4% band with the P-I or IP21 negative. These internal strength indicators have risen a lot and should turn positive even if the DJI does rise quickly to the upper band. So, traders of DIA, SPY and QQQ will probably be treated to a string of "blue" candlestick days and then a reversing "red" one, perhaps as the DJI reaches its falling 21-dma. Powell's words were just what bonds and housing stocks needed to finally move up. What makes the Housing stocks so interesting as Buy candidates now is that many of the ones having charts in our Hotline are rebounding having declined to their rising 200-day ma, a level which is often viewed as an indeal buy-point technically. This is so for NAIL, their leveraged ETF. Presumably, the home-builders were waiting to hear that long-term rates would not be going up much more. Apparently, they can still find buyers even if mortgage rates remain where they are now. Another group that looks good to buy are the strongest biotechs. See those among the Bullish MAXCPs tonight. Be sure to cover short sales in our past MINCPs when their Closing Power downtrend-lines are broken. There were a large number of collapsing MINCPs tonight. Avoid stocks in steep downtrends and those showing heavy red Distribution. . |
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11/1/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs Bullish MAXCPs http://tigersoft.com/upping/11-01-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/11-01-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 11/1/2023 --- Bullish = 1 GLD Bearish = 0 ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 332.68 2.2 327.82 35.5% ------- BLUE -.049 0 ------ --------------------------------------------------------------------------------------------- COMPQX 13061.47 210.23 12595.61 94.3% ------- BLUE .088 -.003 .085 --------------------------------------------------------------------------------------------- SPY 422.66 4.46 412.55 61.6% ------- BLUE -.008 -.005 -.013 --------------------------------------------------------------------------------------------- QQQ 356.96 6.09 343.66 95.1% ------- BLUE .029 .012 .041 --------------------------------------------------------------------------------------------- MDY 435 2.48 430.78 72.4% Bearish BLUE -.074 -.044 -.118 --------------------------------------------------------------------------------------------- IWM 165.46 .94 164.14 53.2% Bearish BLUE -.124 -.07 -.194 --------------------------------------------------------------------------------------------- FAS 54.46 1.01 52.18 183.3% Bearish BLUE -.115 -.088 -.203 --------------------------------------------------------------------------------------------- RETL 5.09 -.04 5.11 49.5% Bearish ---- .043 -.178 -.135 --------------------------------------------------------------------------------------------- SOXL 15.95 1.05 14.73 330.1% Bearish BLUE .01 -.223 -.213 --------------------------------------------------------------------------------------------- TECL 44.8 2.44 39.55 336.8% ------- BLUE .038 -.022 .016 --------------------------------------------------------------------------------------------- IBB 115.21 1.53 115.05 4.4% ------- BLUE .012 -.065 -.053 --------------------------------------------------------------------------------------------- GLD 183.51 -.58 184.01 -5.7% Bullish RED .207 .072 .279 --------------------------------------------------------------------------------------------- DBO 16.49 -.05 16.95 -234.6% Bearish RED .102 .063 .165 --------------------------------------------------------------------------------------------- OIH 326.67 2.27 325.78 -49.5% ------- RED -.022 .013 -.009 --------------------------------------------------------------------------------------------- CPER 22.8 .1 22.37 106.4% Bullish ---- .108 .008 .116 --------------------------------------------------------------------------------------------- TAN 41.52 -.46 43.05 -133.4% ------- RED .101 -.226 -.125 --------------------------------------------------------------------------------------------- UUP 30.04 .01 30.01 16.7% Bearish RED -.262 .072 -.19 --------------------------------------------------------------------------------------------- CORN 22.13 -.11 22.15 -27% Bullish RED -.156 .039 -.117 --------------------------------------------------------------------------------------------- WEAT 5.68 .02 5.82 -52.2% ------- ---- .018 -.048 -.03 --------------------------------------------------------------------------------------------- YINN 24.83 -.36 25.3 -80.4% ------- BLUE .148 -.105 .043 |
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TABLE 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 11/1/23 Bullish = 3 Bearish = 45 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- EDU .666 .666 .666 .5 .666 .666 COPPER .571 .428 .571 .428 .285 .285 INSURANC .538 .423 .346 .269 .423 .423 =================================================================================== COAL .5 .666 .666 .666 .666 .833 GUNS .5 .5 .428 .428 .428 .428 ============================================================================== MILITARY .423 .423 .346 .269 .307 .307 GOLD .4 .377 .488 .533 .422 .466 INFRA .354 .258 .258 .193 .129 .129 COMODITY .342 .315 .342 .447 .263 .368 SOFTWARE .339 .303 .214 .214 .178 .267 RETAIL .326 .304 .239 .217 .217 .239 OILGAS .309 .278 .268 .35 .36 .391 UTILITY .307 .102 .051 .051 .179 .076 NASD-100 .306 .247 .198 .138 .158 .207 NIFTY .295 .25 .204 .181 .113 .136 FOOD .285 .265 .306 .428 .265 .346 DOWJONES .266 .266 .233 .166 .2 .2 HACKERS .25 .375 .187 .25 .187 .375 DJI-13 .23 .23 .153 .076 .23 .153 GREEN .222 .166 .111 .166 .166 .166 EAT .219 .219 .195 .17 .17 .146 LOWPRICE .219 .219 .205 .208 .196 .211 FIDSTKS .213 .177 .142 .094 .147 .142 GAMING .21 .21 .105 .157 .157 .157 ELECTRON .203 .18 .15 .135 .127 .135 MARIJUAN .2 .1 0 0 0 0 SP-100 .2 .177 .155 .111 .144 .177 INDMATER .194 .194 .208 .208 .18 .18 RUS-1000 .194 .164 .129 .107 .132 .13 SP500 .191 .167 .126 .087 .122 .13 REIT .181 .165 .123 .099 .115 .099 HIGHPRIC .177 .16 .134 .099 .103 .108 BIOTECH .159 .154 .124 .101 .126 .131 SEMI .152 .152 .119 .108 .097 .097 COMPUTER .15 .15 .1 .1 .15 .1 CHINA .146 .17 .146 .146 .146 .146 BEVERAGE .142 .142 .071 0 0 .071 FINANCE .137 .125 .1 .075 .112 .087 REGBANKS .131 .105 .052 .026 .052 .026 INDEXES .124 .145 .162 .172 .167 .2 AUTO .111 .092 .037 .018 .018 .055 HOSPITAL .076 .076 0 .076 0 0 JETS .076 .076 .076 .076 0 .076 TRANSP .052 .052 .105 .052 .052 .052 CHEM .046 .046 .023 .023 .046 .023 HOMEBLDG .035 0 0 0 0 0 ETFS .018 .018 .018 .018 .018 0 BONDFUND .011 .011 .022 .022 .011 0 BIGBANKS 0 0 0 0 0 0 SOLAR 0 .062 0 0 0 0 |
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11/1/2023 Wednesday 6:11 AM DJI -15
See https://dowfutures.org NASDAQ
+17
1 10/31/2023
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Nightly Comments Traders should now be watching the color of DIA's candlestick. Often there are a series of blue days as the DJI or a stock rallies, but when the color changes, the gains are quickly lost. The PEERLESS DJI now shows a second Buy B2. These occur because since 1987's Crash, the FED has always been very careful about raising rates in October, as Greenspan did in October 1987. Ordinarily, this would get us to be buyers of the DJIA and other key averages when the DJI's Stochastic Pct-D rises from oversold territory and advances above 20%. But, the DJI's rally while there is so much weakness elsewhere makes me fearful that the DJI is rallying in too much isolation and based on too much Opening Power strength rather than because of Professional buying, except for the last two days. 10-year rates are steady up against the 5% level as the FED now meets. Can the DJI and rest of market rally more unless FED starts, at least, talking less like determined "hawks"? While the DJI may go higher if Professionals continue to boost DIA, this will seem like a form of desperate manipulation to hold the market up, unless volume rises and the widespread weakness we see in Tables 2 and 3 disappears. As it is, there remains lots of overhead resistance in the big indexes and ETFs and many weak stock groups are refusing to rally very much. There is another problem, a technical one. See in the DIA chart the present pattern of rising Opening 21-dma Power and falling Closing 21-dma Power. This is bearish. It tends to not produce a lasting rally and its not what we expect at major market bottoms. Now the DJI needs to push past its falling 21-dma. Unless there will be a "dovish" statement forthcoming from the FED, the rally is likely to falter and more regrouping will be needed. Be careful. A red candlestick today or tomorrow could mark the end of this second B2 rally. |
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10/31/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs Bullish MAXCPs http://tigersoft.com/upping/10-31-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/10-31-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 10/31/2023 --- Bullish = 1 GLD Bearish = 4 IWM, FAS, RETL, SOXL ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 330.48 1.25 330.35 -14.6% Bearish BLUE -.113 0 ------ --------------------------------------------------------------------------------------------- COMPQX 12851.24 61.76 12821.22 -112.8% Bearish BLUE .013 -.007 .006 --------------------------------------------------------------------------------------------- SPY 418.2 2.61 417.55 -65.3% Bearish BLUE -.074 -.007 -.081 --------------------------------------------------------------------------------------------- QQQ 350.87 1.67 350.34 -118.2% Bearish BLUE -.041 .005 -.036 --------------------------------------------------------------------------------------------- MDY 432.52 3.94 428.79 -34.4% Bearish BLUE -.174 -.042 -.216 --------------------------------------------------------------------------------------------- IWM 164.52 1.41 163.72 -59.5% Bearish BLUE -.2 -.067 -.267 --------------------------------------------------------------------------------------------- FAS 53.45 1.72 52.56 37.7% Bearish BLUE -.165 -.117 -.282 --------------------------------------------------------------------------------------------- RETL 5.13 .11 5.04 19.8% Bearish BLUE -.039 -.231 -.27 --------------------------------------------------------------------------------------------- SOXL 14.9 .37 14.97 -700.5% Bearish BLUE -.066 -.278 -.344 --------------------------------------------------------------------------------------------- TECL 42.36 .89 42.03 -143.9% Bearish BLUE -.032 -.066 -.098 --------------------------------------------------------------------------------------------- IBB 113.68 .65 115.11 -160.1% Bearish BLUE -.034 -.065 -.099 --------------------------------------------------------------------------------------------- GLD 184.09 -1.01 183.72 30.9% Bullish RED .196 .088 .284 --------------------------------------------------------------------------------------------- DBO 16.54 -.23 17.29 -122.6% ------- RED .118 .072 .19 --------------------------------------------------------------------------------------------- OIH 324.4 -1.32 329.9 -154.7% ------- RED .037 .006 .043 --------------------------------------------------------------------------------------------- CPER 22.7 -.06 22.32 24.4% Bullish BLUE .109 .024 .133 --------------------------------------------------------------------------------------------- TAN 41.98 .63 42.64 -268.6% ------- BLUE .054 -.214 -.16 --------------------------------------------------------------------------------------------- UUP 30.03 .18 29.94 28.4% Bearish BLUE -.19 .086 -.104 --------------------------------------------------------------------------------------------- CORN 22.24 .06 22.25 -18% Bullish BLUE -.142 .048 -.094 --------------------------------------------------------------------------------------------- WEAT 5.66 -.07 5.74 -129.8% ------- ---- .024 -.039 -.015 --------------------------------------------------------------------------------------------- YINN 25.19 -1.1 25.24 -309.8% ------- BLUE .115 -.082 .033 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/31/23 Bullish = 2 Bearish = 47 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL .666 .666 .666 .666 .833 .833 EDU .666 .666 .5 .666 .666 .5 ------------------------------------------------------------------------------------------------- GUNS .5 .428 .428 .428 .428 .357 COPPER .428 .571 .428 .285 .285 0 INSURANC .423 .346 .269 .423 .423 .384 MILITARY .423 .346 .269 .307 .307 .307 GOLD .377 .488 .533 .422 .466 .533 HACKERS .375 .187 .25 .187 .375 .5 SOFTWARE .321 .232 .214 .178 .25 .339 COMODITY .315 .368 .421 .263 .368 .342 RETAIL .304 .239 .217 .217 .239 .282 OILGAS .278 .268 .35 .36 .391 .381 DOWJONES .266 .233 .166 .2 .2 .2 ---- FOOD .265 .326 .408 .265 .346 .346 INFRA .258 .258 .193 .129 .129 .129 NIFTY .25 .204 .181 .113 .136 .227 NASD-100 .247 .198 .138 .158 .207 .306 DJI-13 .23 .153 .076 .23 .153 .153 EAT .219 .195 .17 .17 .146 .146 LOWPRICE .219 .208 .208 .199 .208 .222 GAMING .21 .105 .105 .21 .157 .21 INDMATER .194 .208 .208 .18 .194 .194 ELECTRON .18 .15 .135 .127 .127 .157 FIDSTKS .177 .142 .094 .147 .142 .183 SP-100 .177 .155 .111 .144 .177 .166 ----- CHINA .17 .146 .146 .146 .146 .146 SP500 .167 .126 .087 .12 .13 .154 GREEN .166 .111 .166 .166 .166 .166 REIT .165 .107 .099 .123 .099 .123 RUS-1000 .165 .129 .106 .132 .13 .162 HIGHPRIC .16 .134 .099 .103 .108 .142 BIOTECH .152 .124 .101 .131 .126 .137 SEMI .152 .119 .108 .097 .097 .141 COMPUTER .15 .1 .1 .15 .1 .1 INDEXES .145 .162 .172 .167 .2 .21 BEVERAGE .142 .071 0 0 .071 .071 FINANCE .125 .1 .075 .1 .087 .087 REGBANKS .105 .052 .026 .052 .026 .026 UTILITY .102 .051 .051 .179 .076 .076 MARIJUAN .1 0 0 0 0 0 AUTO .092 .055 .018 .018 .055 .037 HOSPITAL .076 0 .076 0 0 .076 JETS .076 .076 .076 0 .076 .076 SOLAR .062 0 0 0 0 0 TRANSP .052 .105 .052 .052 .052 .052 CHEM .046 .023 .023 .046 .023 .023 ETFS .018 .018 .018 .018 .018 .018 BONDFUND .011 .011 .022 .022 .011 0 BIGBANKS 0 0 0 0 0 0 HOMEBLDG 0 0 0 0 0 0 |
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10/31/2023 Tuesday 5:15 AM DJI +51 See https://dowfutures.org
NASDAQ + 10
10/30/2023
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Nightly Comments The PEERLESS DJI still shows a Buy B2. Unless the DJI falls by more than 300 points today, we will get a second October Buy B2 based on the 20-day stochastic Pct-D crossing back above 20%. In fact, with the DJI giving this signal AND the DJI having dropped nearly 10%, we come very close to getting a Buy B3. This is a signal that has not had a losing trade. So, the technical stage is set for the DJI to try to eat through its overhead resistance. Whether it can lift the downtrodden sectors, the autos, RETL, TAN, IWM, TNA and bonds remains to be seen. News that the Federal Government would be doing significantly less borrowing and selling bonds than was expect helped the DJIA, particularly Goldman Sachs and JPM. But though the DJI gained 130 points more than it lost on Friday, we can see from Table 1 below that the A/D Line and cumulative UpVol-DownVolume lost ground over the last two days' trading. We just have to get used to this type of divergence. Nervous money seeks the presumed added safety of blue chips when interest rates are high and not coming down. As we approach the end of the year, tax loss selling will also depress the weak sectors and ETFs that are at the bottom of Table 3. I think there is more to be gained on the short side with our Bearish MINCPs, than in the blue chips even if the DJI can rally back to 34000. See in Table 3 that only 14% of the SP-500 stocks are above their 65-dma and in Table 1 how many more stocks made new lows than new highs, even today. One factor that would make me more bullish regarding the DJI and the SP-500 would be if the latter's biggest components (AAPL, AMZN, GOOG, MSFT, NVDA and TSLA) showed rising Closing Powers. They do not. Professionals are all too likely to sell into their strength. All some of biggest SP-500 components can now display are blue candle-sticks as they reverse upwards from their 5% lower band or from well-tested support. This can produce a quick bounce, but often not even a rally to the opposite band. See their candle stick charts in the INFOCUS page today, along with a few automatic TIGER1 Buys and Sells. These Tiger1 signals show a little of what I have been working on lately. The TIGER1 update that shows them and also lets you look at the candle-stick charts in a series will be posted on our GMAIL download section this weekend. If you have purchased TIGER1, please get a gmail address. Send me a note using GMAIL and I will provide instructions on how to get this update on your computer. |
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10/30/23
Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs Bullish MAXCPs http://tigersoft.com/upping/10-30-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/10-30-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 10/30/2023 --- Bullish = 1 GLD Bearish = 5 MDY, IWM, FAS, RETL, SOXL ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 329.23 5.04 331.44 -1.4% Bearish BLUE -.131 0 ------ --------------------------------------------------------------------------------------------- COMPQX 12789.48 146.47 13139.88 -89.1% Bearish BLUE -.013 .008 -.005 --------------------------------------------------------------------------------------------- SPY 415.59 4.91 423.63 -58.4% Bearish BLUE -.091 -.002 -.093 --------------------------------------------------------------------------------------------- QQQ 349.2 3.89 359.13 -92.2% Bearish BLUE -.057 .021 -.036 --------------------------------------------------------------------------------------------- MDY 428.58 3.5 435.48 -52.1% Bearish BLUE -.23 -.045 -.275 --------------------------------------------------------------------------------------------- IWM 163.11 .9 166.47 -58.4% Bearish RED -.243 -.071 -.314 --------------------------------------------------------------------------------------------- FAS 51.73 2.5 53.06 -21.2% Bearish BLUE -.21 -.141 -.351 --------------------------------------------------------------------------------------------- RETL 5.02 .08 5.11 -59.3% Bearish ---- -.078 -.259 -.337 --------------------------------------------------------------------------------------------- SOXL 14.53 -.57 17.04 -594.4% Bearish RED -.093 -.233 -.326 -------------------------------------------------------------------------------------------- TECL 41.47 1.29 43.55 -144.2% ------- BLUE -.059 -.029 -.088 --------------------------------------------------------------------------------------------- IBB 113.03 .62 117.35 -129.8% Bearish RED -.083 -.053 -.136 --------------------------------------------------------------------------------------------- GLD 185.1 -1.05 182.95 57.9% Bullish RED .179 .102 .281 --------------------------------------------------------------------------------------------- DBO 16.77 -.93 16.96 -171% ------- RED .122 .089 .211 --------------------------------------------------------------------------------------------- OIH 325.72 -.15 334.56 -193.4% ------- RED -.002 .008 .006 --------------------------------------------------------------------------------------------- CPER 22.76 .1 22.59 104.7% Bullish ---- .084 .036 .12 --------------------------------------------------------------------------------------------- TAN 41.35 .4 44.26 -271.5% Bearish RED -.014 -.229 -.243 --------------------------------------------------------------------------------------------- UUP 29.85 -.12 29.86 26.8% Bearish RED -.083 .084 .001 --------------------------------------------------------------------------------------------- CORN 22.18 -.09 22.32 -105.2% Bullish ---- -.121 .031 -.09 --------------------------------------------------------------------------------------------- WEAT 5.73 -.07 5.81 -146.2% ------- ---- .108 -.043 .065 --------------------------------------------------------------------------------------------- YINN 26.29 .81 26.79 353.5% ------- RED -.005 -.044 -.049 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/30/23 Bullish = 3 Bearish = 47 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL .666 .666 .666 .833 .833 .833 EDU .666 .5 .666 .666 .5 .166 COPPER .571 .428 .285 .285 0 0 =========================================================================================== GOLD .488 .533 .422 .466 .533 .511 GUNS .428 .428 .428 .428 .357 .357 COMODITY .368 .447 .236 .368 .342 .394 INSURANC .346 .269 .423 .423 .384 .269 MILITARY .346 .269 .307 .307 .307 .269 FOOD .326 .428 .244 .346 .346 .387 OILGAS .268 .35 .36 .391 .381 .432 INFRA .258 .193 .129 .129 .129 .064 SOFTWARE .25 .232 .178 .25 .321 .339 RETAIL .239 .217 .217 .239 .282 .195 DOWJONES .233 .166 .2 .2 .2 .166 ----- INDMATER .208 .208 .18 .194 .208 .18 LOWPRICE .208 .211 .199 .211 .219 .222 NIFTY .204 .181 .113 .136 .227 .204 NASD-100 .198 .138 .158 .207 .306 .257 ----- EAT .195 .17 .17 .146 .146 .146 HACKERS .187 .25 .187 .375 .5 .437 INDEXES .162 .172 .167 .2 .21 .21 SP-100 .155 .111 .144 .177 .166 .166 DJI-13 .153 .076 .23 .153 .153 .153 ELECTRON .15 .135 .127 .127 .142 .142 CHINA .146 .146 .146 .146 .146 .121 FIDSTKS .142 .094 .147 .142 .183 .171 HIGHPRIC .134 .099 .103 .108 .138 .138 RUS-1000 .13 .106 .131 .13 .161 .13 SP500 .126 .087 .12 .128 .152 .13 ----- BIOTECH .121 .101 .131 .131 .129 .121 SEMI .119 .108 .097 .097 .13 .108 GREEN .111 .166 .166 .166 .166 .111 REIT .107 .082 .123 .107 .123 .099 GAMING .105 .105 .157 .21 .21 .157 TRANSP .105 .052 .052 .052 .052 0 COMPUTER .1 .1 .15 .1 .1 .05 FINANCE .1 .075 .1 .075 .075 .087 JETS .076 .076 0 .076 .076 0 BEVERAGE .071 0 0 .071 .071 .071 AUTO .055 .037 .018 .055 .037 .018 REGBANKS .052 .026 .052 .026 .026 .026 UTILITY .051 .051 .179 .076 .076 .051 CHEM .023 .023 .046 .023 .023 .023 ETFS .018 .018 .018 .018 .036 0 BONDFUND .011 .011 .022 .022 .011 0 BIGBANKS 0 0 0 0 0 0 HOMEBLDG 0 0 0 0 0 0 HOSPITAL 0 .076 0 0 .076 .076 MARIJUAN 0 0 0 0 0 0 SOLAR 0 0 0 0 0 0 |
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10/30/23 Monday 5:58 AM DJI +11 See https://dowfutures.org NASDAQ + 118
10/27/23
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Nightly Comments The PEERLESS DJI still shows a Buy B2. A hundred of its 367 point loss on Friday owed to Goldman Sachs and JP Morgan. Perhaps, the FED will now become more concerned about the hardships its high interest rates are causing. Notice the internal weakness in PST's technicals. PST is a play on rising 10-year rates. See also the bullish buying by Big Money and Professionals in instruments like TMF that track the long-term (20yr) bonds. Clearly, there are bulls out there now that do not see the interest rates rising any more, not just in November, or in December where it would cause seasonal hurt for the already weakened ratailers but also well into 2024 because that would seem as interference in the politics of a Presidential Election year. But even if the DJI and some of the big techs should rally this week, there is such a preponderance of falling stocks, big and small, we will probably be better off staying short some of the many MINCPs. So far, the key ETFs show red candle-sticks and falling Closing Power. Wait for more signs of Professional buying.
Discoveries Using TIGER1 (VBNet Tiger) |
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10/27/23 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs Bullish MAXCPs http://tigersoft.com/upping/10-27-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/10-27-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 10/27/2023 --- Bullish = 2 GLD, DBO Bearish = 5 MDY, IWM, FAS, RETL, SOXL ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 324.19 -3.63 329.32 -106.1% ------- RED -.188 0 ------ --------------------------------------------------------------------------------------------- COMPQX 12643.01 47.4 13018.33 -132% Bearish RED -.058 .01 -.048 --------------------------------------------------------------------------------------------- SPY 410.68 -1.87 420.46 -125.4% Bearish RED -.14 .002 -.138 --------------------------------------------------------------------------------------------- QQQ 345.31 1.65 355.67 -131.7% Bearish RED -.103 .023 -.08 --------------------------------------------------------------------------------------------- MDY 425.08 -5.7 433.07 -139.5% Bearish RED -.304 -.035 -.339 --------------------------------------------------------------------------------------------- IWM 162.21 -1.93 165.03 -128.1% Bearish RED -.262 -.056 -.318 --------------------------------------------------------------------------------------------- FAS 49.23 -2.95 51.95 -370.9% Bearish RED -.273 -.168 -.441 --------------------------------------------------------------------------------------------- RETL 4.94 -.17 5.08 -341.4% ------- RED -.114 -.229 -.343 --------------------------------------------------------------------------------------------- SOXL 15.1 .37 16.39 -482.6% Bearish RED -.117 -.181 -.298 --------------------------------------------------------------------------------------------- TECL 40.18 .63 42.67 -279.3% Bearish RED -.107 -.041 -.148 --------------------------------------------------------------------------------------------- IBB 112.41 -2.64 116.02 -204.9% Bearish RED -.114 -.044 -.158 --------------------------------------------------------------------------------------------- GLD 186.15 2.14 182.97 69.8% Bullish BLUE .145 .122 .267 --------------------------------------------------------------------------------------------- DBO 17.7 .75 17.36 -20.3% ------- BLUE .115 .174 .289 --------------------------------------------------------------------------------------------- OIH 325.87 .09 338.52 -219.7% ------- RED -.053 .032 -.021 --------------------------------------------------------------------------------------------- CPER 22.66 .29 22.29 129.9% Bullish BLUE .019 .052 .071 --------------------------------------------------------------------------------------------- TAN 40.95 -2.1 43.68 -341.3% Bearish RED -.022 -.224 -.246 --------------------------------------------------------------------------------------------- UUP 29.97 -.04 29.69 21.8% Bearish ---- -.032 .103 .071 --------------------------------------------------------------------------------------------- CORN 22.27 .12 22.65 -118.1% Bullish BLUE -.155 .059 -.096 --------------------------------------------------------------------------------------------- WEAT 5.8 -.02 5.9 -60.1% ------- ---- .008 .014 .022 --------------------------------------------------------------------------------------------- YINN 25.48 .18 24.49 308.2% ------- RED -.012 -.123 -.135 |
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TABLE 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/27/23 Bullish = 2 Bearish = 47 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL .666 .666 .833 .833 .833 1 GOLD .533 .422 .466 .533 .511 .555 ============================================================================================ EDU .5 .666 .666 .5 .333 .333 COMODITY .447 .263 .342 .342 .394 .526 COPPER .428 .285 .285 0 0 0 FOOD .428 .265 .326 .346 .387 .489 GUNS .428 .428 .428 .357 .357 .428 OILGAS .35 .36 .391 .381 .432 .494 INSURANC .269 .423 .423 .384 .269 .307 MILITARY .269 .307 .307 .307 .269 .346 HACKERS .25 .187 .375 .5 .437 .5 SOFTWARE .25 .196 .25 .321 .303 .321 RETAIL .217 .217 .239 .282 .195 .304 LOWPRICE .211 .202 .211 .222 .225 .243 INDMATER .208 .18 .194 .208 .194 .222 INFRA .193 .129 .129 .129 .064 .064 NIFTY .181 .113 .136 .227 .181 .181 INDEXES .172 .167 .2 .21 .216 .243 EAT .17 .17 .146 .146 .146 .17 DOWJONES .166 .2 .2 .2 .166 .133 ----- GREEN .166 .166 .166 .166 .111 .111 CHINA .146 .146 .146 .146 .121 .146 NASD-100 .138 .158 .207 .306 .237 .207 ----- ELECTRON .135 .127 .127 .142 .142 .15 SP-100 .111 .144 .177 .166 .166 .166 SEMI .108 .097 .097 .13 .119 .108 RUS-1000 .107 .131 .129 .161 .131 .149 GAMING .105 .157 .157 .263 .157 .157 COMPUTER .1 .15 .1 .1 .05 .05 HIGHPRIC .099 .103 .108 .138 .134 .116 BIOTECH .098 .131 .131 .131 .121 .139 FIDSTKS .094 .147 .142 .183 .159 .165 SP500 .087 .12 .128 .15 .13 .142 ----- REIT .082 .107 .107 .132 .099 .107 DJI-13 .076 .23 .153 .153 .153 .23 HOSPITAL .076 0 0 .076 .076 .076 JETS .076 0 .076 .076 0 0 FINANCE .075 .1 .075 .062 .087 .087 TRANSP .052 .052 .052 .052 0 .052 UTILITY .051 .179 .076 .076 .051 .051 AUTO .037 .037 .055 .037 .018 .018 REGBANKS .026 .052 .026 .026 .026 .026 CHEM .023 .046 .023 .023 .023 .023 ETFS .018 .018 .018 .036 .018 .018 BONDFUND .011 .011 .022 .022 .011 0 BEVERAGE 0 0 .071 .071 .071 .071 BIGBANKS 0 0 0 0 0 0 HOMEBLDG 0 0 0 0 0 0 MARIJUAN 0 0 0 0 0 0 SOLAR 0 0 0 0 0 0 |
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10/27/23 Friday 5:58 AM DJI +11 See https://dowfutures.org NASDAQ + 118
10/26/2023
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Nightly Comments The PEERLESS DJI still shows a Buy B2, but the 30 blue chips that comprise it are not the real story anymore. The NASDAQ, SP-500 and QQQ have much more to say. And what they have to say is distinctly bearish. Each broke major support Wednesday and Thursday. This sets up a dangerous new leg down for techs, small stocks (TNA), Russell-2000 stocks (IWM), Housing Stocks (NAIL), retail stocks (RETL), TAN (solar and green stocks), JETS (airlines) and many more groups. It is very likely the DJI will soon cave-in, too. See Table 3. Only 20% of its stocks are still above their 65-dma. (The SP-500's number is bleak and bearish 13%.) Sure, we can find some support levels that have not yet broken. and yes, the 10-year rates have not yet broken above 5%. Longs might want to buy GLD, but UCO and oil stocks are floundering. Trying to find a stock now to get a good rally out of seems very dangerous. It's as risky as picking up a dime just in front of a moving cement truck. Much better to play the short-side with our bearish MINCPs. Note the multiple head and shoulders tops in the charts of IWM and TNA. This adds to their bearishness. Note, too, the dominant ratio of new lows to new highs in Table 1. And see how the Closing Power is falling even for DIA, as it still valiantly tries to hold up the appearance that Wall Street is safe to invest in at this time. Consider Jamey Dimon's warnings. It is not even just how hawkish the FED is, it's also now about a political unknown, the new Speaker of the House may well prefer to bring the Federal Government to a complete halt in a month, no matter the damage this does to its credit rating and how much more it will then have to pay to borrow money. Charts in focus today http://www.tigersoft.com/INFOCUS/10-26-2023/INDEX.htm |
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10/26/2023 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs Bullish MAXCPs http://tigersoft.com/upping/10-26-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/10-26-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 10/26/2023 --- Bullish = 0 Bearish = 5 MDY, IWM, FAS, RETL, SOXL ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 327.82 -2.53 331.19 -95.1% ------- RED -.143 0 --------- --------------------------------------------------------------------------------------------- COMPQX 12595.61 -225.61 12983.81 -226.6% Bearish RED -.014 -.008 -.022 --------------------------------------------------------------------------------------------- SPY 412.55 -5 421.19 -164.5% Bearish RED -.099 -.004 -.103 --------------------------------------------------------------------------------------------- QQQ 343.66 -6.68 354.6 -229.1% Bearish RED -.061 .005 -.056 --------------------------------------------------------------------------------------------- MDY 430.78 1.99 437.16 -126.9% ------- BLUE -.238 -.038 -.276 --------------------------------------------------------------------------------------------- IWM 164.14 .42 166.44 -134.9% Bearish ---- -.22 -.059 -.279 --------------------------------------------------------------------------------------------- FAS 52.18 -.38 53.13 -338.7% ------- BLUE -.216 -.139 -.355 --------------------------------------------------------------------------------------------- RETL 5.11 .07 5.29 -251.1% ------- BLUE -.024 -.237 -.261 --------------------------------------------------------------------------------------------- SOXL 14.73 -.24 16.64 -818.5% Bearish RED -.072 -.225 -.297 --------------------------------------------------------------------------------------------- TECL 39.55 -2.48 42.53 -617.9% ------- RED -.075 -.085 -.16 --------------------------------------------------------------------------------------------- IBB 115.05 -.06 117.17 -109.7% ------- ---- -.051 -.031 -.082 --------------------------------------------------------------------------------------------- GLD 184.01 .29 183.59 25.1% Bullish BLUE .09 .105 .195 --------------------------------------------------------------------------------------------- DBO 16.95 -.34 17.77 -294.8% ------- ---- .032 .131 .163 --------------------------------------------------------------------------------------------- OIH 325.78 -4.12 340.54 -325.3% ------- RED -.077 .025 -.052 --------------------------------------------------------------------------------------------- CPER 22.37 .05 22.08 9% Bullish BLUE .032 .045 .077 --------------------------------------------------------------------------------------------- TAN 43.05 .41 43.92 -418.1% Bearish BLUE .088 -.203 -.115 --------------------------------------------------------------------------------------------- UUP 30.01 .07 29.84 30.2% Bearish ---- -.059 .101 .042 --------------------------------------------------------------------------------------------- CORN 22.15 -.1 22.8 -210% Bullish RED -.147 .061 -.086 --------------------------------------------------------------------------------------------- WEAT 5.82 .08 5.87 -111% ------- BLUE -.009 .002 -.007 --------------------------------------------------------------------------------------------- YINN 25.3 .06 23.93 -45.6% Bullish BLUE .067 -.115 -.048 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/26/23 Bullish = 2 Bearish = 48 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL .666 .833 .833 .833 1 1 EDU .666 .666 .5 .333 .333 .5 ============================================================================================== GUNS .428 .428 .357 .357 .428 .428 INSURANC .423 .423 .384 .269 .307 .384 GOLD .422 .466 .533 .511 .555 .533 OILGAS .36 .391 .381 .432 .494 .608 MILITARY .307 .307 .307 .269 .346 .384 COPPER .285 .285 0 0 0 .142 FOOD .265 .346 .326 .387 .469 .428 COMODITY .263 .368 .315 .394 .5 .447 DJI-13 .23 .153 .153 .153 .23 .23 RETAIL .217 .239 .282 .195 .304 .391 SOFTWARE .214 .267 .321 .303 .303 .375 LOWPRICE .202 .214 .222 .228 .237 .249 DOWJONES .2 .2 .2 .166 .133 .233 ----- HACKERS .187 .375 .5 .437 .5 .562 INDMATER .18 .194 .208 .194 .236 .222 UTILITY .179 .076 .076 .051 .051 .051 EAT .17 .146 .146 .146 .17 .17 INDEXES .167 .2 .21 .216 .243 .254 GREEN .166 .166 .166 .111 .111 .166 NASD-100 .158 .207 .306 .237 .217 .306 ------ GAMING .157 .157 .21 .21 .157 .157 COMPUTER .15 .1 .1 .05 .05 .1 FIDSTKS .147 .142 .183 .159 .171 .213 CHINA .146 .146 .146 .121 .146 .17 SP-100 .144 .177 .166 .166 .166 .244 RUS-1000 .132 .129 .16 .131 .149 .192 BIOTECH .129 .131 .131 .124 .139 .131 INFRA .129 .129 .129 .064 .064 .096 ELECTRON .127 .127 .142 .142 .142 .18 SP500 .12 .128 .15 .128 .146 .183 ----- NIFTY .113 .136 .227 .181 .181 .25 REIT .107 .09 .132 .107 .099 .123 HIGHPRIC .103 .108 .138 .134 .121 .164 FINANCE .1 .075 .062 .075 .087 .1 SEMI .097 .097 .13 .119 .108 .163 REGBANKS .052 .026 .026 .026 .026 0 TRANSP .052 .052 .052 0 .052 .052 CHEM .046 .023 .023 .023 .023 .023 AUTO .037 .074 .037 .018 .018 .037 ETFS .018 .018 .036 .018 .036 .018 BONDFUND .011 .011 .022 .022 .011 0 BEVERAGE 0 .071 .071 .071 .071 .071 BIGBANKS 0 0 0 0 0 0 HOMEBLDG 0 0 0 0 0 .035 HOSPITAL 0 0 .076 .076 .076 .076 JETS 0 .076 .076 0 0 0 MARIJUAN 0 0 0 0 0 0 SOLAR 0 0 0 0 0 0 |
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10/26/23 Thursday 6:20 AM DJI -70
See https://dowfutures.org
10/25/2023
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Nightly Comments The PEERLESS DJI still shows a Buy B2. The DJI is valliantly struggling to hold up the appearance that Wall Street is still a safe place to invest. The truth is that this appearance is only being maintained because a few high priced DJI stocks, namely MSFT, UNH and TRV, are still being bid up. But the reality is much scarier. Bonds which reflect the steady rise of interest rates have been under steady big money selling pressure all year. Now the 10-year bond's rates are again threatening to rise above 5%, a point at which even more money will come out of stocks and go into bonds. Today, bonds, low priced and medium priced stocks, biotechs, REITs fell to new lows. The tech sector was hit hard, too, as AMZN and the NASDAQ broke below key support. Now we watch closely QQQ, SPY and JPM to see if they can continue to hold above their 3 month support levels. If not, it will be almost impossible to the DJI to maintain the fiction that Wall Street is not in an determined bear market of the FED's making and one which may soon fall out of their ability to control. See the drama unfold in terms of the many falling charts and ETFs versus the handful of stocks still rising. As I keep saying, selling short some of the many bearish MNCPs still seems the best way to make money trading this market. In Table 2 below, you will note that only GOLD shows a rising Closing Power. Accordingly, the risk is high each time the DJI or any other ETF rallies early in the day, the gain will be small and very short-lived. Most likely, we will only hit a bottom when even the safest-looking blue chips like JPM and MSFT break down or until the FED actually starts loudly lowering rates. Charts in focus today http://www.tigersoft.com/INFOCUS/10-25-2023/INDEX.htm |
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10/25/2023 Charts
2023 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs Bullish MAXCPs http://tigersoft.com/upping/10-25-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/10-25-2023/Bearish.htm |
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Table 2 TIGER QUICKSILVER on ETFS - 10/25/2023 --- Bullish = 0 Bearish = 5 MDY, IWM, FAS, RETL, SOXL Only Gold has a bullish Closing Power. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 330.35 -1.09 334.12 -94.4% ------- RED -.09 0 ----- --------------------------------------------------------------------------------------------- COMPQX 12821.22 -318.66 13186.18 -187.8% ------- RED .036 -.004 .032 --------------------------------------------------------------------------------------------- SPY 417.55 -6.08 426.43 -149.2% Bearish RED -.036 -.002 -.038 --------------------------------------------------------------------------------------------- QQQ 350.34 -8.79 359.97 -181.7% ------- RED -.003 .011 .008 --------------------------------------------------------------------------------------------- MDY 428.79 -6.69 441.83 -225.3% Bearish RED -.203 -.052 -.255 --------------------------------------------------------------------------------------------- IWM 163.72 -2.75 168.62 -227.6% Bearish RED -.196 -.075 -.271 --------------------------------------------------------------------------------------------- FAS 52.56 -.5 55.79 -501.9% Bearish ---- -.174 -.14 -.314 --------------------------------------------------------------------------------------------- RETL 5.04 -.07 5.37 -575.5% ------- ---- -.017 -.266 -.283 --------------------------------------------------------------------------------------------- SOXL 14.97 -2.07 17.43 -964.7% Bearish RED -.023 -.258 -.281 --------------------------------------------------------------------------------------------- TECL 42.03 -1.52 44.88 -409.4% ------- RED -.016 -.059 -.075 --------------------------------------------------------------------------------------------- IBB 115.11 -2.24 117.61 -189.7% Bearish RED -.039 -.046 -.085 --------------------------------------------------------------------------------------------- GLD 183.72 .77 183.09 78% Bullish BLUE .048 .095 .143 --------------------------------------------------------------------------------------------- DBO 17.29 .33 17.98 -79.9% ------- BLUE .043 .133 .176 --------------------------------------------------------------------------------------------- OIH 329.9 -4.66 347.79 -283.1% ------- RED -.051 .031 -.02 --------------------------------------------------------------------------------------------- CPER 22.32 -.27 22.33 22.4% ------- RED .028 .038 .066 --------------------------------------------------------------------------------------------- TAN 42.64 -1.62 46.75 -616.1% Bearish RED .074 -.229 -.155 --------------------------------------------------------------------------------------------- UUP 29.94 .08 29.83 3.4% Bearish ---- -.037 .099 .062 --------------------------------------------------------------------------------------------- CORN 22.25 -.07 23.1 -103.4% Bullish ---- -.069 .076 .007 --------------------------------------------------------------------------------------------- WEAT 5.74 -.07 5.95 -93.6% Bearish RED -.062 -.01 -.072 --------------------------------------------------------------------------------------------- YINN 25.24 -1.55 25.53 -319.3% Bullish BLUE .076 -.171 -.095 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/25/23 Bullish = 2 Bearish = 48 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL .833 .833 .833 1 1 1 EDU .666 .5 .333 .333 .5 .666 ================================================================================================ GOLD .466 .533 .511 .555 .533 .533 GUNS .428 .357 .357 .428 .428 .428 INSURANC .423 .384 .269 .307 .384 .576 OILGAS .391 .381 .432 .494 .608 .67 HACKERS .375 .5 .437 .5 .562 .562 COMODITY .368 .342 .368 .5 .447 .447 FOOD .346 .346 .367 .469 .428 .428 MILITARY .307 .307 .269 .346 .384 .384 COPPER .285 0 0 0 .142 .142 SOFTWARE .285 .339 .303 .303 .357 .357 RETAIL .239 .282 .195 .304 .391 .434 LOWPRICE .214 .225 .228 .24 .252 .258 NASD-100 .207 .306 .237 .217 .306 .376 DOWJONES .2 .2 .166 .133 .233 .3 ===== INDEXES .2 .21 .216 .243 .254 .286 INDMATER .194 .208 .194 .236 .236 .236 SP-100 .177 .166 .166 .166 .244 .288 GREEN .166 .166 .111 .111 .166 .166 GAMING .157 .21 .157 .21 .157 .21 DJI-13 .153 .153 .153 .23 .23 .307 CHINA .146 .146 .121 .146 .17 .195 EAT .146 .146 .146 .17 .17 .17 FIDSTKS .142 .183 .159 .171 .213 .272 NIFTY .136 .227 .181 .181 .25 .272 RUS-1000 .13 .16 .13 .149 .192 .242 BIOTECH .129 .131 .124 .142 .134 .152 INFRA .129 .129 .064 .064 .096 .096 SP500 .128 .15 .128 .144 .185 .232 ELECTRON .127 .142 .142 .142 .172 .225 HIGHPRIC .108 .138 .134 .121 .164 .203 COMPUTER .1 .1 .05 .05 .1 .2 SEMI .097 .13 .119 .108 .163 .206 REIT .09 .115 .107 .107 .123 .14 JETS .076 .076 0 0 0 0 UTILITY .076 .076 .051 .051 .051 .025 FINANCE .075 .062 .075 .075 .1 .125 AUTO .074 .055 .018 .018 .037 .074 BEVERAGE .071 .071 .071 .071 .071 .071 TRANSP .052 .052 0 .052 .052 .105 REGBANKS .026 .026 .026 .026 0 .026 CHEM .023 .023 .023 .023 .023 .046 ETFS .018 .036 .018 .036 .036 .036 BONDFUND .011 .011 .022 .022 .011 0 BIGBANKS 0 0 0 0 0 .142 HOMEBLDG 0 0 0 0 .035 .035 HOSPITAL 0 .076 .076 .076 .076 .076 MARIJUAN 0 0 0 0 0 0 SOLAR 0 0 0 0 0 0 |
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10/25/23 Wednesday 6:25 AM DJI +60 See https://dowfutures.org
10/24/23
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Nightly Market Comments The market will have a diffcult time turning around while the big banks keep falling and there are so many more new lows than new highs. Still, we have our Peerless Buy B2 reminding us how the DJI can hold up while smaller stocks crumble. But the fact is, a bear market low needs the DJI-30 to capitulate in order to show that Fear has even reached what are considered the safest blue chips. And to date, the DJI has not even fallen back 10%. Since the 10-year rates have not retreated much in here, I would expect them to soon make another attempt to close above 5%. That could easily bring another leg down, but mostly concentrated in the blue chips. Charts in focus today http://tigersoft.com/INFOCUS/10-24-2023/INDEX.htm |
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10/24/2023 Charts
2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU Stocks: AA AAPL ADBE AMAT AMGN AMD AMZN ANET AXP BA BAC BSX CAT CDNS CHKP CNX CPB CRM CVX CMG DE DIS ENPH FB FSLR FTNT GILD GME GOOG GS HD IBM INTU JPM KO KR LRCX MRK MRNA MOS MSFT NEM NFLX NKE NOC NUE NVDA PANW PG PYPL QCOM REGN REV SCHW SNOW SO TSLA TXN XOM V VRTX WFC WMT XLE ZM ZOM SEMI-Condctors in SOXL: NVDA. AVGO, AMD. INTC LRCX TXN MCHP NXPI AMAT ON AAOI TSM HOMEBUILDERS: BLDP NAIL BZH HOV LEN MHO MTH PHM - REGIONAL BANKS: EGBN FFIC GBCI HMST Carl Icahn and associates: IEP MS JEF Leveraged Short ETFs: FAZ - financials, TZA and SRTY- small caps, TECS -Techs, SOXS - semi-conductors LABD - Biotechs Bullish MAXCPs http://tigersoft.com/upping/10-24-2023/Bullish.htm Bearish MINCPs www.tigersoft.com/downing/10-24-2023/Bearish.htm |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 10/24/2023 --- Bullish = 0 Bearish = 4 MDY, IWM, FAS, RETL ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 331.44 2.12 336.63 -127.9% ------- BLUE -.099 0 -.099 --------------------------------------------------------------------------------------------- COMPQX 13139.88 121.55 13314.3 -149.1% ------- BLUE .045 .015 .06 --------------------------------------------------------------------------------------------- SPY 423.63 3.17 430.21 -145.1% Bearish BLUE -.029 .007 -.022 --------------------------------------------------------------------------------------------- QQQ 359.13 3.46 363.37 -125.8% ------- BLUE .021 .031 .052 --------------------------------------------------------------------------------------------- MDY 435.48 2.41 448.58 -262.7% Bearish BLUE -.219 -.044 -.263 --------------------------------------------------------------------------------------------- IWM 166.47 1.44 171.35 -250.5% Bearish ---- -.201 -.065 -.266 --------------------------------------------------------------------------------------------- FAS 53.06 1.11 58.02 -723.1% Bearish BLUE -.189 -.169 -.358 --------------------------------------------------------------------------------------------- RETL 5.11 .03 5.65 -679.1% Bearish ---- -.062 -.273 -.335 --------------------------------------------------------------------------------------------- SOXL 17.04 .65 18.28 -641.8% ------- BLUE .002 -.195 -.193 --------------------------------------------------------------------------------------------- TECL 43.55 .88 45.62 -406.1% Bullish BLUE .006 -.048 -.042 --------------------------------------------------------------------------------------------- IBB 117.35 1.33 119.57 -202.1% Bearish BLUE -.028 -.025 -.053 --------------------------------------------------------------------------------------------- GLD 182.95 -.02 180.87 128.2% Bullish BLUE 0 .095 .095 --------------------------------------------------------------------------------------------- DBO 16.96 -.4 17.57 -102.3% Bearish RED .01 .103 .113 --------------------------------------------------------------------------------------------- OIH 334.56 -3.96 349.27 -228.9% ------- RED -.067 .034 -.033 --------------------------------------------------------------------------------------------- CPER 22.59 .3 22.22 87.7% ------- BLUE .024 .04 .064 --------------------------------------------------------------------------------------------- TAN 44.26 .58 48.23 -583.4% Bearish BLUE .056 -.225 -.169 --------------------------------------------------------------------------------------------- UUP 29.86 .17 29.92 8.4% Bearish BLUE -.031 .103 .072 --------------------------------------------------------------------------------------------- CORN 22.32 -.33 22.72 -57.1% Bullish RED -.102 .064 -.038 --------------------------------------------------------------------------------------------- WEAT 5.81 -.09 5.85 42.6% ------- ---- -.024 -.018 -.042 --------------------------------------------------------------------------------------------- YINN 26.79 2.3 26.87 -300% Bullish BLUE .043 -.157 -.114 |
TABLE 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/24/23 Bullish = 2 Bearish = 46 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL .833 .833 1 1 1 1 GOLD .533 .511 .555 .533 .511 .511 ================================================================================================ EDU .5 .333 .333 .5 .666 .666 HACKERS .5 .437 .5 .562 .562 .562 INSURANC .384 .269 .307 .384 .576 .615 OILGAS .381 .432 .494 .608 .67 .628 GUNS .357 .357 .428 .428 .428 .5 SOFTWARE .357 .321 .303 .357 .339 .428 FOOD .346 .387 .448 .428 .408 .326 COMODITY .342 .394 .473 .447 .421 .368 MILITARY .307 .269 .346 .384 .384 .384 NASD-100 .306 .237 .217 .306 .366 .465 RETAIL .282 .195 .304 .391 .434 .478 NIFTY .227 .181 .181 .25 .272 .318 LOWPRICE .225 .231 .24 .255 .258 .263 GAMING .21 .157 .157 .21 .21 .263 INDEXES .21 .216 .243 .254 .286 .324 INDMATER .208 .194 .236 .236 .25 .333 DOWJONES .2 .166 .133 .233 .3 .333 FIDSTKS .183 .159 .171 .213 .266 .349 GREEN .166 .111 .111 .166 .166 .166 SP-100 .166 .166 .166 .244 .288 .333 RUS-1000 .161 .13 .148 .192 .24 .313 DJI-13 .153 .153 .23 .23 .307 .307 SP500 .15 .128 .144 .183 .228 .293 CHINA .146 .121 .146 .17 .195 .243 EAT .146 .146 .17 .17 .17 .146 ELECTRON .142 .142 .142 .172 .218 .24 HIGHPRIC .138 .134 .121 .164 .199 .307 SEMI .13 .119 .108 .163 .206 .206 BIOTECH .129 .124 .142 .137 .152 .195 INFRA .129 .064 .064 .096 .096 .29 REIT .114 .09 .106 .131 .131 .172 COMPUTER .1 .05 .05 .1 .2 .2 HOSPITAL .076 .076 .076 .076 .076 .153 JETS .076 0 0 0 0 0 UTILITY .076 .051 .051 .051 .025 .076 BEVERAGE .071 .071 .071 .071 .071 .071 FINANCE .062 .075 .075 .087 .125 .187 AUTO .055 .037 .018 .037 .074 .166 TRANSP .052 0 .052 .052 .105 .315 ETFS .036 .018 .036 .036 .054 .09 REGBANKS .026 .026 .026 0 .026 .105 CHEM .023 .023 .023 .023 .046 .116 BONDFUND .011 .011 .022 .022 .011 0 BIGBANKS 0 0 0 0 .142 .142 COPPER 0 0 0 .142 .142 .428 HOMEBLDG 0 0 0 .035 .035 .035 MARIJUAN 0 0 0 0 0 .2 SOLAR 0 0 0 0 0 0 |
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10/24/23 Tuesday 6:05 AM DJI +140 See https://dowfutures.org
NASD +100
10/23/2023
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Nightly Market Comments JPM's Jamie Dimon boldly criticized the Fed's tight money policies today from Saudi Arabia. He said that they were "dead wrong" 18 months ago. So, what makes them so sure they've got the right approach now. A little more humility would seem to be in order. This speech was important, first, because it shows that the agony of higher rates - collapsing bonds, stocks and new issues as well as the growing failure rate for home and car loans, etc. - has reached the most important bank in the land. He is saying "Wake up, Chairman Powell, it's time to throttle back!" With the Tiger Index of big banks testing its12-month low, it's time to get the FED to change course. Will Dimon's words have any effect? A lot more than anyone else, other than the President or Janet Yellen. And look what happened today. The 10-year bond's yield could not get past 5%. But the Dimon speech was also important for another reason. It took place in the Middle East, in Saudi Arabia. His hosts were apparently much more interested in his words than in the killing in Gaza. So, the chances of an OPEC embargo dropped dramatically. And that is what led to the drop in oil prices and also gold, today. Is it time to buy stocks again? We need more evidence. Most stocks are way too weak to become bullish. But at least, the QQQ and SPY gave short-term buys based on the failure of their Closing Powers and Relative Strength Quotients to confirm their lows and then their RSQ downtrend-lines being broken. A recovery back to their recent highs is likely. With Peerless on a Buy B2, the DJI will try again to rally. However, its falling Closing Power and falling A/D Line are warnngs for us not to expect too much. First, let's see if Professionals move up prices from a higher opening. If they do not, the decline will continue and even more support levels will fail. Charts in focus today http://www.tigersoft.com/INFOCUS/10-23-2023/INDEX.htm |
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10/23/2023 Charts
2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU
Commodities: CANE CORN DBC CORN, CUT (paper) |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 10/20/2023 --- Bullish = 0 Bearish = 3 IWM, FAS, RETL ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 329.32 -1.87 339.99 -157.1% ------- RED -.071 0 -.071 --------------------------------------------------------------------------------------------- COMPQX 13018.33 34.52 13533.75 -206.4% Bullish BLUE .057 .021 .078 --------------------------------------------------------------------------------------------- SPY 420.46 -.73 436.02 -181.2% ------- BLUE -.01 .011 .001 --------------------------------------------------------------------------------------------- QQQ 355.67 1.07 368.2 -189.2% Bullish BLUE .028 .038 .066 --------------------------------------------------------------------------------------------- MDY 433.07 -4.09 458.8 -227.7% ------- RED -.184 -.042 -.226 --------------------------------------------------------------------------------------------- IWM 165.03 -1.41 174.95 -233.8% Bearish RED -.183 -.069 -.252 --------------------------------------------------------------------------------------------- FAS 51.95 -1.18 61.16 -709.5% ------- RED -.171 -.185 -.356 --------------------------------------------------------------------------------------------- RETL 5.08 -.21 5.85 -450.6% ------- RED -.027 -.267 -.294 --------------------------------------------------------------------------------------------- SOXL 16.39 -.25 19.3 -934.8% ------- BLUE -.003 -.158 -.161 --------------------------------------------------------------------------------------------- TECL 42.67 .14 47.17 -567.9% Bullish BLUE -.019 -.02 -.039 --------------------------------------------------------------------------------------------- IBB 116.02 -1.15 122.14 -262.2% Bearish RED -.026 -.031 -.057 --------------------------------------------------------------------------------------------- GLD 182.97 -.62 178.29 138.6% ------- RED -.039 .097 .058 --------------------------------------------------------------------------------------------- DBO 17.36 -.41 17.32 39.8% ------- RED .033 .127 .16 --------------------------------------------------------------------------------------------- OIH 338.52 -2.02 350.37 -86.9% ------- BLUE -.016 .042 .026 --------------------------------------------------------------------------------------------- CPER 22.29 .21 22.2 22.5% ------- BLUE -.034 .033 -.001 --------------------------------------------------------------------------------------------- TAN 43.68 -.24 49.68 -556.7% Bearish BLUE .061 -.226 -.165 --------------------------------------------------------------------------------------------- UUP 29.69 -.15 29.81 -18.4% Bearish RED -.07 .106 .036 --------------------------------------------------------------------------------------------- CORN 22.65 -.15 22.58 6.6% Bullish RED -.014 .083 .069 --------------------------------------------------------------------------------------------- WEAT 5.9 .03 5.76 76.9% Bullish ---- .002 -.017 -.015 --------------------------------------------------------------------------------------------- YINN 24.49 .56 28.34 -843.5% Bullish BLUE .001 -.239 -.238 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/23/23 2 Bullish 48 Bearish Dow Jines-30 ... .166 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL .833 1 1 1 1 1 GOLD .511 .555 .533 .511 .511 .377 ================================================================================================ HACKERS .437 .5 .562 .562 .562 .562 OILGAS .432 .494 .608 .67 .628 .597 COMODITY .394 .5 .421 .421 .368 .342 FOOD .387 .469 .408 .408 .326 .306 GUNS .357 .428 .428 .428 .5 .428 SOFTWARE .339 .321 .357 .339 .392 .375 EDU .333 .333 .5 .666 .666 .666 INSURANC .269 .307 .384 .576 .615 .692 MILITARY .269 .346 .384 .384 .384 .346 NASD-100 .237 .217 .306 .366 .465 .465 LOWPRICE .231 .243 .255 .26 .26 .237 INDEXES .216 .243 .254 .286 .324 .318 RETAIL .195 .304 .391 .434 .478 .347 INDMATER .194 .236 .236 .25 .347 .263 NIFTY .181 .181 .25 .272 .318 .34 DOWJONES .166 .133 .233 .3 .333 .333 SP-100 .166 .166 .244 .288 .333 .3 FIDSTKS .159 .171 .213 .266 .349 .313 GAMING .157 .157 .157 .263 .263 .315 DJI-13 .153 .23 .23 .307 .307 .307 EAT .146 .17 .17 .17 .146 .097 ELECTRON .142 .142 .172 .218 .233 .248 HIGHPRIC .134 .121 .164 .199 .298 .29 RUS-1000 .131 .148 .191 .24 .31 .289 SP500 .128 .144 .183 .226 .291 .283 BIOTECH .121 .142 .137 .154 .19 .182 CHINA .121 .146 .17 .195 .243 .219 SEMI .119 .108 .163 .206 .206 .228 GREEN .111 .111 .166 .166 .166 .166 REIT .09 .09 .131 .139 .172 .139 HOSPITAL .076 .076 .076 .076 .153 .153 FINANCE .075 .075 .087 .112 .187 .15 BEVERAGE .071 .071 .071 .071 .071 0 INFRA .064 .064 .096 .096 .29 .193 UTILITY .051 .051 .051 .025 .076 .102 COMPUTER .05 .05 .1 .2 .2 .2 AUTO .037 .037 .037 .074 .166 .185 REGBANKS .026 .026 0 .026 .105 .026 CHEM .023 .023 .023 .046 .116 .116 ETFS .018 .036 .036 .054 .109 .09 BONDFUND .011 .011 .022 .022 .011 0 BIGBANKS 0 0 0 .142 .142 .142 COPPER 0 0 .142 .142 .428 .285 HOMEBLDG 0 0 .035 .035 .035 .071 JETS 0 0 0 0 0 0 MARIJUAN 0 0 0 0 .1 .1 SOLAR 0 0 0 0 0 0 TRANSP 0 .052 .052 .105 .315 .315 |
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10/23/23 Monday 6:14 AM DJI -195 See
https://dowfutures.org NASD -85
10/20/23
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There's a lot of useless noise and prattle now, as ever, about the market. But its direction all comes down to interest rates and what Professionals, as seen in our Closing Powers, believe the FED will do. The FED had better be very careful now. The 10-year rates' yield is above 5% this morning. With Federal Government debt growing much faster than its revenues, fewer and fewer trust that bonds are a good investment. Their rates could still go much higher, especially with Congress so divided. The Tiger chart of Bonds shows the disarray and fear is getting much worse. So, it is not "rocket science" that the stock market, itself is in trouble. Professionals are net sellers across the board. Big money selling, as we measure it with an IP21 below -.25, has become a feature of many SP-500 stocks that are ordinarily considered quite safe. Tech earnings may be good this week, but what if they are not? TSLA's were a big disappointment. And then there's the Middle East nightmare. A broader war that threatens the supply of oil looms up as a real possibility. The DJI has not yet fallen back 10% from its highs, as one might expect of an October "correction". So, expect more weakness in it. Today watch to see if these stocks can hold up above their support levels: AMZN, ARKW, CRM, FAS, FTNT, :LRCX, NVDA, and ZM. For details see: http://www.tigersoft.com/INFOCUS/10-20-2023/INDEX.htm The new Tiger Windows Programs are coming along fine, but I need ask you to get a Google GMail; account so that I can send the programs and their updates out to you. It''s easy to get and it's free and it has a space in the cloud that holds my new programs that you can take and put in your computer. Other email accounts are not readily handled with it. |
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Charts - 10/20/23 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU
Commodities: CANE CORN DBC CORN, CUT (paper) |
Table 1
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TableTable 2 TIGER QUICKSILVER on ETFS - 10/20/2023 --- Bullish = 0 Bearish = 3 FAS, RETL, YINN ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 331.19 -2.93 339.89 -81.3% Bearish RED -.068 0 ----- --------------------------------------------------------------------------------------------- COMPQX 12983.81 -202.37 13567.98 -158% Bearish RED .01 .004 .014 --------------------------------------------------------------------------------------------- SPY 421.19 -5.24 436.04 -119.3% Bearish RED -.041 .003 -.038 --------------------------------------------------------------------------------------------- QQQ 354.6 -5.37 369.41 -146.2% ------- RED -.016 .021 .005 --------------------------------------------------------------------------------------------- MDY 437.16 -4.67 453.47 -99.3% ------- RED -.185 -.042 -.227 --------------------------------------------------------------------------------------------- IWM 166.44 -2.18 173.02 -111.6% Bearish RED -.172 -.068 -.24 --------------------------------------------------------------------------------------------- FAS 53.13 -2.66 60.13 -450.6% Bearish RED -.154 -.172 -.326 --------------------------------------------------------------------------------------------- RETL 5.29 -.08 5.58 117.7% ------- RED -.031 -.248 -.279 --------------------------------------------------------------------------------------------- SOXL 16.64 -.79 19.81 -623.7% ------- RED -.008 -.212 -.22 --------------------------------------------------------------------------------------------- TECL 42.53 -2.35 47.85 -427.8% ------- RED -.044 -.052 -.096 --------------------------------------------------------------------------------------------- IBB 117.17 -.44 122.3 -184.8% ------- RED -.007 -.027 -.034 --------------------------------------------------------------------------------------------- GLD 183.59 .5 177.96 132.4% Bullish BLUE -.031 .093 .062 --------------------------------------------------------------------------------------------- DBO 17.77 -.21 17.22 114.3% ------- RED .049 .145 .194 --------------------------------------------------------------------------------------------- OIH 340.54 -7.25 344.54 -64.3% ------- RED -.047 .05 .003 --------------------------------------------------------------------------------------------- CPER 22.08 -.25 22.19 -13.5% ------- ---- -.085 .008 -.077 --------------------------------------------------------------------------------------------- TAN 43.92 -2.83 48.97 -455.7% Bearish BLUE .013 -.242 -.229 --------------------------------------------------------------------------------------------- UUP 29.84 .01 29.8 -15.1% Bearish ---- -.024 .105 .081 --------------------------------------------------------------------------------------------- CORN 22.8 -.3 22.62 0% Bullish RED .037 .067 .104 --------------------------------------------------------------------------------------------- WEAT 5.87 -.08 5.81 51.4% ------- RED .048 -.038 .01 --------------------------------------------------------------------------------------------- YINN 23.93 -1.6 29 -809% Bullish RED -.081 -.328 -.409 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/20/23 Bullish = 2 Bearish = 46 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 GOLD .555 .533 .511 .511 .377 .311 =============================================================================================== COMODITY .5 .447 .394 .368 .368 .342 HACKERS .5 .562 .562 .562 .562 .562 =============================================================================================== OILGAS .494 .608 .67 .628 .597 .567 FOOD .469 .428 .387 .326 .326 .326 GUNS .428 .428 .428 .5 .428 .428 MILITARY .346 .384 .384 .384 .346 .384 SOFTWARE .339 .375 .339 .392 .357 .339 EDU .333 .5 .666 .666 .666 .666 INSURANC .307 .384 .576 .615 .692 .423 RETAIL .304 .391 .434 .478 .347 .173 INDEXES .243 .254 .286 .324 .313 .281 LOWPRICE .243 .258 .26 .263 .237 .222 INDMATER .236 .236 .25 .347 .277 .263 DJI-13 .23 .23 .307 .307 .307 .23 NASD-100 .217 .306 .366 .465 .455 .356 NIFTY .181 .25 .272 .318 .318 .295 FIDSTKS .171 .213 .266 .349 .307 .218 EAT .17 .17 .17 .146 .097 .121 SP-100 .166 .244 .288 .333 .3 .2 GAMING .157 .157 .21 .315 .315 .21 RUS-1000 .149 .191 .239 .31 .286 .217 CHINA .146 .17 .195 .243 .219 .219 SP500 .144 .183 .226 .289 .281 .201 ELECTRON .142 .172 .218 .233 .24 .24 BIOTECH .139 .137 .154 .192 .18 .154 DOWJONES .133 .233 .3 .333 .333 .133 HIGHPRIC .121 .164 .199 .298 .281 .194 GREEN .111 .166 .166 .166 .166 .111 SEMI .108 .163 .206 .206 .228 .217 REIT .09 .114 .139 .18 .139 .114 HOSPITAL .076 .076 .076 .153 .153 .076 FINANCE .075 .087 .112 .175 .15 .1 BEVERAGE .071 .071 .071 .071 0 0 INFRA .064 .096 .096 .29 .193 .129 TRANSP .052 .052 .105 .315 .315 .105 UTILITY .051 .051 .025 .076 .102 .102 COMPUTER .05 .1 .2 .2 .2 .2 AUTO .037 .055 .074 .166 .166 .148 ETFS .036 .036 .054 .109 .09 .054 REGBANKS .026 0 .026 .105 .026 .026 CHEM .023 .023 .046 .116 .116 .069 BONDFUND .011 .011 .022 .022 .011 0 BIGBANKS 0 0 .142 .142 .142 0 COPPER 0 .142 .142 .428 .285 .142 HOMEBLDG 0 .035 .035 .035 .071 .071 JETS 0 0 0 0 0 0 MARIJUAN 0 0 0 .1 .1 .1 SOLAR 0 0 0 0 0 0 |
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10/20/23 Friday 6:14 AM DJI -95 See
https://dowfutures.org NASD -55
10/19/23
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Nightly Comments Middle Eastern wars since 1956 have dropped the DJI to the lower band and much lower if oil spikes up because of an OPEC oil embargo as in 1973-1974, In 1956, when Nasar nationalized the Suez Canal, the DJI fell to a November low 10% down from its earlier peak. In early June 1967, the DJI fell to its lower band about 8% below its peak. This was the Six Days' War. But in the Yom Kippur War when Egypt and Syria suddenly attacked Israel on the High Holy days, the DJI fell 20% as an oil embargo soon followed. https://www.history.com/topics/middle-east/yom-kippur-war This is a market dominated by NY Professionals. It stands to reason that all we have to do is watch our Closing Power's for the big ETFs and be prepared to buy when the emerging downtrends in it are broken. That would make good sense, were the War in the Middle East the only big problem the market now faces. For financial markets, the threat of 5% and higher rates on the 10-year bonds is even more menacing. What if US Debt is so great that its cannot even be financed at 5%? What if Inflation soars again because of higher gas prices. Gold is rising quickly now. What if buyers of government bonds demand even higher rates? And behind the scenes what if Labor's restiveness is not quelled soon and the Unemployment remains low. Will the FED not keep raising rates? That is what it does histororically, though not in a Presidential Election Year. To be safe, to believe a buy is in place for a stock or ETF we want to see a break in the RSQ and Power Index downtrends, too. Windows 10 TigerSoft The main candle-stick charting program is pretty much done. I expect to finish the Flagging and Power Ranking programs in two to three weeks. They will let users graph a series of stocks for specific conditions or from a Power Ranking display. This can be ordered for $395, or $195 if you bought the candlestick program. The yearly and weekly Tiger charts will be included when they are done. This offer is good only through October 31st. Send a check to me at William Schmidt, 5834 Kantor Street, San Diego, CA 92122. One other thing, it will help a lot of you get a Google email account so that updates can be provided via the internet and not on flash-drives sent by mail.. |
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Charts - 10/19/23 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance Jets Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper)
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Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 10/19/2023 --- Bullish = 0 Bearish = 3 FAS, RETL, YINN ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 334.12 -2.51 336.68 -31.8% Bearish RED -.061 0 ----- --------------------------------------------------------------------------------------------- COMPQX 13186.18 -128.12 13407.23 -143.9% ------- RED -.001 .01 .009 --------------------------------------------------------------------------------------------- SPY 426.43 -3.78 431.5 -83.4% Bearish RED -.03 .006 -.024 --------------------------------------------------------------------------------------------- QQQ 359.97 -3.4 365.28 -135.6% ------- RED -.013 .027 .014 --------------------------------------------------------------------------------------------- MDY 441.83 -6.75 446.09 -74.9% ------- RED -.182 -.044 -.226 --------------------------------------------------------------------------------------------- IWM 168.62 -2.73 170.27 -89.4% Bearish RED -.147 -.071 -.218 --------------------------------------------------------------------------------------------- FAS 55.79 -2.23 58.42 -198.6% Bearish RED -.153 -.142 -.295 --------------------------------------------------------------------------------------------- RETL 5.37 -.28 5.16 127.4% ------- RED -.048 -.25 -.298 --------------------------------------------------------------------------------------------- SOXL 17.43 -.85 18.98 -837.2% ------- RED -.001 -.196 -.197 --------------------------------------------------------------------------------------------- TECL 44.88 -.74 46.5 -392.4% Bullish RED -.023 -.012 -.035 --------------------------------------------------------------------------------------------- IBB 117.61 -1.96 121.63 -145.4% Bearish RED .018 -.031 -.013 --------------------------------------------------------------------------------------------- GLD 183.09 2.22 178.83 276.4% Bullish BLUE -.001 .079 .078 --------------------------------------------------------------------------------------------- DBO 17.98 .41 17.37 409.6% Bearish BLUE .035 .135 .17 --------------------------------------------------------------------------------------------- OIH 347.79 -1.48 345.01 117.3% ------- BLUE -.091 .055 -.036 --------------------------------------------------------------------------------------------- CPER 22.33 .11 22.14 22.5% ------- ---- -.06 .001 -.059 --------------------------------------------------------------------------------------------- TAN 46.75 -1.48 48.33 -230.3% Bearish RED -.017 -.214 -.231 --------------------------------------------------------------------------------------------- UUP 29.83 -.09 29.93 -13.4% Bearish RED -.033 .097 .064 --------------------------------------------------------------------------------------------- CORN 23.1 .38 22.8 55% Bullish BLUE .099 .071 .17 --------------------------------------------------------------------------------------------- WEAT 5.95 .1 5.81 120.5% ------- BLUE .069 -.039 .03 --------------------------------------------------------------------------------------------- YINN 25.53 -1.34 28.4 -622.9% Bullish RED -.047 -.28 -.327 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/19/23 Bullish = 4 Bearosh = 45 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 OILGAS .608 .67 .628 .597 .567 .463 HACKERS .562 .562 .562 .562 .562 .562 GOLD .533 .511 .511 .377 .311 .177 ============================================================================================ EDU .5 .666 .666 .666 .666 .666 ============================================================================================ COMODITY .447 .421 .342 .368 .342 .21 FOOD .428 .408 .306 .326 .326 .204 GUNS .428 .428 .5 .428 .428 .5 SOFTWARE .392 .357 .392 .357 .339 .392 RETAIL .391 .434 .478 .347 .195 .239 INSURANC .384 .576 .615 .692 .461 .423 MILITARY .384 .384 .384 .346 .384 .384 NASD-100 .306 .366 .465 .455 .356 .405 LOWPRICE .258 .263 .263 .24 .222 .208 INDEXES .254 .286 .324 .313 .275 .286 NIFTY .25 .272 .318 .318 .295 .409 SP-100 .244 .288 .333 .3 .2 .155 INDMATER .236 .25 .347 .277 .277 .277 DOWJONES .233 .3 .333 .333 .133 .133 DJI-13 .23 .307 .307 .307 .23 .153 FIDSTKS .213 .266 .349 .307 .224 .242 RUS-1000 .192 .239 .309 .286 .22 .234 SP500 .183 .226 .289 .279 .203 .221 ELECTRON .172 .218 .233 .24 .233 .285 CHINA .17 .195 .243 .219 .219 .195 EAT .17 .17 .146 .097 .121 .121 GREEN .166 .166 .166 .166 .111 .166 HIGHPRIC .164 .199 .298 .281 .194 .238 SEMI .163 .206 .206 .228 .217 .282 GAMING .157 .21 .263 .368 .21 .21 COPPER .142 .142 .428 .285 .142 .142 BIOTECH .134 .154 .192 .182 .154 .154 REIT .114 .122 .18 .147 .114 .139 COMPUTER .1 .2 .2 .2 .2 .2 INFRA .096 .096 .29 .193 .129 .161 FINANCE .087 .112 .175 .137 .112 .125 HOSPITAL .076 .076 .153 .153 .076 0 BEVERAGE .071 .071 .071 0 0 0 AUTO .055 .092 .166 .166 .129 .185 TRANSP .052 .105 .315 .315 .105 .105 UTILITY .051 .025 .076 .102 .102 .076 ETFS .036 .054 .109 .09 .072 .072 HOMEBLDG .035 .035 .035 .071 .071 .071 CHEM .023 .046 .116 .116 .069 .139 BONDFUND .011 .011 .022 .022 .011 0 BIGBANKS 0 .142 .142 .142 0 0 JETS 0 0 0 0 0 0 MARIJUAN 0 0 .1 .1 .1 .1 REGBANKS 0 .026 .105 .026 .026 .078 SOLAR 0 0 0 0 0 0 |
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10/19/23 Thursday 6:15AM DJI +45 See https://dowfutures.org
NASD +40
10/18/23
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Nightly Hotline The Middle Eastern calamity and higher interest rates are spooking the market. But what I said last night still holds.
The Peerless Buy B2 and mostly rising Closing Powers may produce |
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Charts - 10/18/23 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper) |
Table 1
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Table 2Table 2 TIGER QUICKSILVER on ETFS - 10/18/2023 --- Bullish = 0 Bearish = 3 FAS, RETL, YINN ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX ================================================================================================= DIA 336.63 -3.36 336.27 -20.7% Bearish RED -.047 0 ----- --------------------------------------------------------------------------------------------- COMPQX 13314.3 -219.45 13574.22 -127.5% ------- RED -.016 .005 -.011 --------------------------------------------------------------------------------------------- SPY 430.21 -5.81 433.66 -70.3% Bearish RED -.018 .005 -.013 --------------------------------------------------------------------------------------------- QQQ 363.37 -4.83 369.93 -106.4% Bullish RED -.004 .023 .019 --------------------------------------------------------------------------------------------- MDY 448.58 -10.22 448.59 -97.2% ------- RED -.169 -.037 -.206 --------------------------------------------------------------------------------------------- IWM 171.35 -3.6 171.7 -124.8% Bearish RED -.128 -.066 -.194 --------------------------------------------------------------------------------------------- FAS 58.02 -3.14 58.14 -107.7% Bearish RED -.127 -.131 -.258 --------------------------------------------------------------------------------------------- RETL 5.65 -.2 5.23 91.3% ------- RED -.033 -.222 -.255 --------------------------------------------------------------------------------------------- SOXL 18.28 -1.02 20.68 -561.5% Bullish RED .021 -.206 -.185 --------------------------------------------------------------------------------------------- TECL 45.62 -1.55 48.58 -301.8% Bullish RED .024 -.037 -.013 --------------------------------------------------------------------------------------------- IBB 119.57 -2.57 121.14 -166.2% ------- RED .054 -.015 .039 --------------------------------------------------------------------------------------------- GLD 180.87 2.58 173.26 200.7% ------- ---- -.098 .059 -.039 --------------------------------------------------------------------------------------------- DBO 17.57 .25 16.57 279.1% Bearish ---- -.081 .122 .041 --------------------------------------------------------------------------------------------- OIH 349.27 -1.1 339.68 99.6% ------- RED -.14 .069 -.071 --------------------------------------------------------------------------------------------- CPER 22.22 .02 22.23 -27% ------- RED -.154 -.003 -.157 --------------------------------------------------------------------------------------------- TAN 48.23 -1.45 49 -220.2% Bearish RED .002 -.176 -.174 --------------------------------------------------------------------------------------------- UUP 29.92 .11 29.91 43.6% ------- ---- -.001 .098 .097 --------------------------------------------------------------------------------------------- CORN 22.72 .14 22.85 28.6% Bullish BLUE .089 .046 .135 --------------------------------------------------------------------------------------------- WEAT 5.85 .09 5.81 147.2% ------- ---- .012 -.074 -.062 --------------------------------------------------------------------------------------------- YINN 26.87 -1.47 29.06 -654.7% Bullish RED -.026 -.238 -.264 |
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Table 3Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/18/23 Bullish = 5 Bearish = 45 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 OILGAS .67 .628 .597 .567 .474 .515 EDU .666 .666 .666 .666 .666 .666 INSURANC .576 .615 .692 .461 .423 .5 HACKERS .562 .562 .562 .562 .562 .562 GOLD .511 .511 .377 .311 .177 .222 ============================================================================================ RETAIL .434 .478 .347 .195 .239 .217 GUNS .428 .5 .428 .428 .5 .642 COMODITY .421 .368 .342 .342 .21 .236 FOOD .408 .326 .306 .326 .204 .204 MILITARY .384 .384 .346 .384 .384 .5 SOFTWARE .375 .41 .357 .339 .375 .446 NASD-100 .366 .465 .455 .356 .405 .435 DJI-13 .307 .307 .307 .23 .153 .23 DOWJONES .3 .333 .333 .133 .133 .2 SP-100 .288 .333 .3 .2 .188 .266 INDEXES .286 .324 .313 .275 .281 .291 NIFTY .272 .318 .318 .295 .386 .386 FIDSTKS .266 .349 .307 .224 .254 .313 LOWPRICE .263 .266 .24 .225 .214 .208 INDMATER .25 .347 .277 .277 .305 .375 RUS-1000 .24 .309 .285 .22 .238 .282 SP500 .226 .289 .279 .201 .228 .266 ELECTRON .218 .233 .24 .233 .278 .263 GAMING .21 .263 .315 .263 .21 .315 SEMI .206 .206 .228 .217 .271 .26 COMPUTER .2 .2 .2 .2 .2 .25 HIGHPRIC .199 .298 .281 .194 .233 .307 CHINA .195 .243 .219 .219 .195 .219 EAT .17 .146 .097 .121 .121 .17 GREEN .166 .166 .166 .111 .166 .166 BIOTECH .152 .192 .182 .157 .162 .18 BIGBANKS .142 .142 .142 0 0 .142 COPPER .142 .428 .285 .142 .142 .142 REIT .122 .163 .147 .122 .139 .139 FINANCE .112 .175 .137 .1 .125 .15 TRANSP .105 .315 .315 .105 .157 .263 INFRA .096 .29 .193 .129 .161 .225 AUTO .092 .185 .166 .129 .166 .203 HOSPITAL .076 .153 .153 .076 0 .153 BEVERAGE .071 .071 0 0 0 .071 ETFS .054 .109 .09 .072 .09 .109 CHEM .046 .116 .116 .069 .139 .255 HOMEBLDG .035 .035 .071 .071 .071 .035 REGBANKS .026 .105 .026 .026 .078 .078 UTILITY .025 .076 .102 .102 .076 .102 BONDFUND .011 .011 .022 .022 .011 0 JETS 0 0 0 0 0 0 MARIJUAN 0 .1 .1 .1 .1 .1 SOLAR 0 0 0 0 0 0 |
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10/18/23 Wednesday 6:15AM DJI -89 See https://dowfutures.org
NASD -88
10/17/23
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Nightly Comments The Peerless Buy B2 and mostly rising Closing Powers may produce somehat higher prices for the DJI. But a jump of 1.2% could easily give us a Sell S9. Compare the global events and rising oil prices now with October 1973. A DJI rally might also not bring much improvement in most big tech stocks, QQQ or the NASDAQ which have stalled at their 65-dma. The big jump in interest rates is dangerous. The 10-year rates could easily breach the 5% barrier. This would cause some investors to sell their stocks and just buy government bonds. Middle Eastern events are dangerous, too. See if Gold gets past its 65-dma. Gold and a short on Treasuries (PST long) looks appealing now.. The many charts in focus have much to tell us. http://www.tigersoft.com/INFOCUS/10-17-2023/INDEX.htm |
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Charts - 10/17/23 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper)
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10/17/23 Tuesday 6:25AM DJI -40
See https://dowfutures.org NASD -25
10-16-2023
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Nightly Hotline The DJI's jump up of 314 did have boost the overall market. But the NASDAQ and QQQ could not get above their falling 65-dma and the ratios of new lows to new highs changed too little to get us to want to cover our short sales in MINCP stocks. But, at least RETL and IBM held above their previous lows. A reversal back down would give an ugly and bearish appearance to the DJI and the techs, too. The Buy B2 and rising Closing Powers should be respected for now. The rally attempt is probably not over. Charts in focus today http://www.tigersoft.com/INFOCUS/10-16-2023/INDEX.htm |
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Charts - 10/16/23 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper) |
Table 1NYSE Latest Close Previous Close Week Ago Issues traded 2,975 2,979 2,955 Advances 2,132 1,096 1,962 Declines 758 1,788 912 Unchanged 85 95 81 New highs 38 27 28 New lows 100 162 99 Adv. volume* 714,908,552 357,751,665 478,446,177 Decl. volume* 96,760,217 479,710,097 244,371,639 Total volume* 822,819,396 847,229,659 738,660,785 Closing Arms (TRIN)â 0.45 0.82 1.18 Block trades* 3,944 3,965 3,676 Adv. volume 2,877,177,477 1,498,094,842 1,995,688,370 Decl. volume 457,168,354 2,013,424,317 1,098,419,520 Total volume 3,409,968,208 3,566,562,820 3,174,632,498 NASDAQ Latest Close Previous Close Week Ago Issues traded 4,439 4,399 4,420 Advances 2,766 1,570 2,051 Declines 1,475 2,640 2,176 Unchanged 198 189 193 New highs 38 30 39 New lows 233 346 321 Closing Arms (TRIN)â 0.81 1.01 0.78 Block trades 26,090 24,829 25,305 Adv. volume 2,955,968,697 1,530,951,233 2,079,870,394 Decl. volume 1,278,421,848 2,591,751,789 1,715,433,331 Total volume 4,308,696,930 4,251,553,827 3,835,930,593 |
Table 2 TIGER QUICKSILVER on ETFS - 10/16/2023 --- Bullish = 0 Bearish = 1 RETL ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 339.89 3.21 337.45 56.4% Bearish BLUE -.001 0 ===== --------------------------------------------------------------------------------------------- COMPQX 13567.98 160.75 13562.84 30.9% ------- BLUE .029 .006 .035 --------------------------------------------------------------------------------------------- SPY 436.04 4.54 434.54 43.2% Bearish BLUE .025 .007 .032 --------------------------------------------------------------------------------------------- QQQ 369.41 4.13 368.59 38.7% ------- BLUE .028 .024 .052 --------------------------------------------------------------------------------------------- MDY 453.47 7.38 456 17.5% Bearish BLUE -.175 -.044 -.219 --------------------------------------------------------------------------------------------- IWM 173.02 2.75 175.97 -28.2% Bearish BLUE -.155 -.078 -.233 --------------------------------------------------------------------------------------------- FAS 60.13 1.71 59.06 203.3% Bearish BLUE -.075 -.106 -.181 --------------------------------------------------------------------------------------------- RETL 5.58 .42 5.63 251.1% Bearish BLUE -.106 -.265 -.371 --------------------------------------------------------------------------------------------- SOXL 19.81 .83 20.05 107.9% ------- BLUE .018 -.173 -.155 --------------------------------------------------------------------------------------------- TECL 47.85 1.35 47.26 84.1% Bullish BLUE .06 -.023 .037 --------------------------------------------------------------------------------------------- IBB 122.3 .67 123.03 10.6% Bearish BLUE .112 -.009 .103 --------------------------------------------------------------------------------------------- GLD 177.96 -.87 172.53 147.5% ------- BLUE -.065 .018 -.047 --------------------------------------------------------------------------------------------- DBO 17.22 -.15 16.83 86% Bearish RED -.145 .088 -.057 --------------------------------------------------------------------------------------------- OIH 344.54 -.47 340.34 72.1% Bearish RED -.18 .039 -.141 --------------------------------------------------------------------------------------------- CPER 22.19 .05 22.44 -107.3% Bearish ---- -.144 -.04 -.184 --------------------------------------------------------------------------------------------- TAN 48.97 .64 49.76 192.2% Bearish BLUE -.054 -.189 -.243 --------------------------------------------------------------------------------------------- UUP 29.8 -.13 29.66 11.8% ------- RED -.001 .084 .083 --------------------------------------------------------------------------------------------- CORN 22.62 -.18 22.42 13.2% ------- RED .118 .025 .143 --------------------------------------------------------------------------------------------- WEAT 5.81 0 5.72 -8.7% Bearish ---- -.056 -.077 -.133 --------------------------------------------------------------------------------------------- YINN 29 .6 29.8 209.3% ------- BLUE -.004 -.251 -.255 |
Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/16/23 Bullish = 5 Bearish = 25 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 INSURANC .692 .461 .423 .5 .461 .576 EDU .666 .666 .666 .666 .666 .666 OILGAS .597 .567 .474 .515 .556 .525 HACKERS .562 .562 .562 .562 .625 .562 ============================================================================================= NASD-100 .455 .356 .405 .435 .386 .356 GUNS .428 .428 .5 .642 .642 .642 SOFTWARE .392 .357 .375 .428 .392 .392 GOLD .377 .311 .177 .222 .133 .133 COMODITY .368 .342 .184 .236 .236 .263 RETAIL .347 .195 .239 .217 .195 .173 MILITARY .346 .384 .384 .5 .384 .307 DOWJONES .333 .133 .133 .2 .2 .166 ===== FOOD .326 .326 .183 .204 .204 .224 NIFTY .318 .295 .386 .386 .34 .318 GAMING .315 .21 .21 .368 .315 .157 TRANSP .315 .105 .157 .263 .21 .157 INDEXES .313 .275 .281 .291 .281 .254 DJI-13 .307 .23 .153 .23 .307 .23 FIDSTKS .307 .224 .254 .319 .289 .266 SP-100 .3 .2 .188 .277 .222 .2 RUS-1000 .286 .219 .237 .282 .261 .236 COPPER .285 .142 .142 .142 .142 .142 HIGHPRIC .281 .194 .233 .307 .255 .238 SP500 .279 .201 .226 .262 .24 .213 INDMATER .277 .277 .305 .388 .333 .291 LOWPRICE .243 .228 .217 .211 .231 .225 ELECTRON .24 .233 .278 .255 .233 .21 SEMI .228 .217 .271 .26 .217 .184 CHINA .219 .219 .195 .195 .17 .17 COMPUTER .2 .2 .2 .25 .2 .2 INFRA .193 .129 .161 .225 .258 .193 AUTO .185 .148 .166 .203 .203 .185 BIOTECH .18 .157 .164 .18 .182 .17 GREEN .166 .111 .166 .166 .166 .166 HOSPITAL .153 .076 0 .153 .153 0 BIGBANKS .142 0 0 .142 0 0 FINANCE .137 .1 .112 .137 .137 .125 REIT .131 .106 .147 .147 .122 .106 CHEM .116 .069 .139 .255 .186 .162 UTILITY .102 .102 .076 .076 .051 .051 MARIJUAN .1 .1 .1 .1 .2 .2 EAT .097 .121 .121 .17 .121 .121 ETFS .09 .072 .09 .127 .109 .072 HOMEBLDG .071 .071 .071 .035 .035 .035 REGBANKS .026 .026 .078 .078 .052 .052 BONDFUND .011 .011 .022 .022 .011 0 BEVERAGE 0 0 0 .071 .071 .071 JETS 0 0 0 0 0 0 SOLAR 0 0 0 0 0 0 |
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10/16/23 Monday 4:30 AM DJI +137 See https://dowfutures.org
NASD +5
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Nightly Comments Hard as it is to belive, the new Peerless Buy B2 may work out. A lesser, weaker market would have crumbled facing the prospects of higher interest rates, a very weak bond market the dangers of a wider Middle Eastern war and a 1970s-like jump in oil prices and therefore inflation. Can the DJI really hold up? Only 13% of its the DJI-30 stocks are above their 65-dma, not even considering the 5:1 and 11:1 ratios of new lows to new highs on the NYSE and NASDAQ, respectively. But somehow, the DJI INDEX holds up. In large part this is artificial in the way the highest priced DJI stocks, UNH in particular, are so over-weighted. This is the way it always has been. In the end, this may allow another classic Sell S9. But for now Barrons this weekend is touting insurance stocks like UNH. This will help to DJI rise this week. But if this is all they can find to be boosters of, then it speaks loudly of how defensive the market has become. The big techs got hurt on Friday technically. MSFT and AAPL for example had their Relative Strength uptrend-lines broken and the NASDAQ and QQQ failed to get past the resistance of their falling 65dma. And see the bearish head and shoulders top that may beforming with IBM. Definitely stay hedged with some of the many bearish MINCPs. The hidden bear market came closer to us; our local pharmacy, Rite Aid filed, filed for bankruptcy. Charts in focus today http://www.tigersoft.com/INFOCUS/10-13-2023/INDEX.htm |
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Charts - 10/13/23 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper) |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 10/13/2023 --- Bullish = 0 Bearish = 5 MDY, IWM, RETL, TAN amd YINN ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 336.68 .41 336.09 38.3% Bearish RED -.041 0 ------ --------------------------------------------------------------------------------------------- COMPQX 13407.23 -166.99 13484.24 -8.9% Bearish RED -.053 .004 -.049 --------------------------------------------------------------------------------------------- SPY 431.5 -2.16 432.29 22.6% Bearish RED -.039 .005 -.034 --------------------------------------------------------------------------------------------- QQQ 365.28 -4.65 366.56 7.9% Bearish RED -.035 .021 -.014 --------------------------------------------------------------------------------------------- MDY 446.09 -2.5 451.89 -27.6% Bearish RED -.22 -.046 -.266 --------------------------------------------------------------------------------------------- IWM 170.27 -1.43 174 -78.4% Bearish RED -.201 -.081 -.282 --------------------------------------------------------------------------------------------- FAS 58.42 .28 57.75 57.4% Bearish RED -.09 -.128 -.218 --------------------------------------------------------------------------------------------- RETL 5.16 -.07 5.31 -64.9% Bearish RED -.169 -.312 -.481 --------------------------------------------------------------------------------------------- SOXL 18.98 -1.7 19.38 -122.4% Bearish RED -.041 -.202 -.243 --------------------------------------------------------------------------------------------- TECL 46.5 -2.08 47.05 15.8% ------- RED .022 -.076 -.054 --------------------------------------------------------------------------------------------- IBB 121.63 .49 122.04 -34.7% Bearish BLUE .062 .002 .064 --------------------------------------------------------------------------------------------- GLD 178.83 5.57 172.82 264.8% ------- BLUE -.101 .04 -.061 --------------------------------------------------------------------------------------------- DBO 17.37 .8 16.93 333.5% Bearish BLUE -.131 .12 -.011 --------------------------------------------------------------------------------------------- OIH 345.01 5.33 339.62 295.3% Bearish RED -.192 .052 -.14 --------------------------------------------------------------------------------------------- CPER 22.14 -.09 22.67 -69.1% Bearish ---- -.101 -.038 -.139 --------------------------------------------------------------------------------------------- TAN 48.33 -.67 47.09 61.5% Bearish RED -.087 -.197 -.284 --------------------------------------------------------------------------------------------- UUP 29.93 .02 29.73 31.9% Bullish ---- .045 .096 .141 --------------------------------------------------------------------------------------------- CORN 22.8 -.05 22.56 13.3% Bullish RED .103 .057 .16 --------------------------------------------------------------------------------------------- WEAT 5.81 0 5.82 17.3% ------- RED -.027 -.059 -.086 --------------------------------------------------------------------------------------------- YINN 28.4 -.66 27.78 106.8% Bearish RED -.054 -.281 -.335 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/13/23 Bullish = 4 Bearish = 46 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 EDU .666 .666 .666 .666 .666 .666 OILGAS .567 .474 .515 .556 .536 .309 HACKERS .562 .562 .562 .625 .562 .562 ---------------------------------------------------------------------------------------------- INSURANC .461 .423 .5 .461 .576 .423 GUNS .428 .5 .642 .642 .642 .5 MILITARY .384 .384 .5 .384 .307 .115 SOFTWARE .375 .392 .428 .392 .375 .339 NASD-100 .356 .405 .435 .386 .356 .316 COMODITY .342 .21 .21 .236 .263 .21 FOOD .326 .204 .183 .204 .224 .183 GOLD .311 .177 .222 .133 .133 .111 NIFTY .295 .386 .386 .34 .318 .25 INDMATER .277 .305 .388 .333 .305 .25 INDEXES .27 .281 .291 .281 .254 .167 ELECTRON .233 .278 .255 .233 .195 .18 DJI-13 .23 .153 .23 .307 .23 .23 LOWPRICE .228 .219 .214 .231 .228 .217 FIDSTKS .224 .254 .319 .289 .266 .189 RUS-1000 .22 .237 .281 .261 .238 .199 CHINA .219 .195 .195 .17 .17 .121 SEMI .217 .271 .26 .217 .173 .163 GAMING .21 .21 .315 .368 .157 .157 SP500 .201 .226 .262 .238 .215 .162 COMPUTER .2 .2 .25 .2 .2 .2 SP-100 .2 .188 .277 .222 .2 .111 RETAIL .195 .239 .217 .195 .173 .13 HIGHPRIC .194 .233 .307 .255 .238 .194 BIOTECH .154 .164 .182 .182 .172 .18 AUTO .148 .185 .203 .203 .185 .185 COPPER .142 .142 .142 .142 .142 .142 DOWJONES .133 .133 .2 .2 .166 .133 ----- INFRA .129 .161 .225 .258 .193 .161 EAT .121 .121 .17 .121 .121 .146 GREEN .111 .166 .166 .166 .166 .111 REIT .106 .131 .147 .131 .098 .098 TRANSP .105 .157 .263 .21 .157 .105 UTILITY .102 .076 .076 .051 .051 .025 FINANCE .1 .112 .137 .125 .125 .125 MARIJUAN .1 .1 .1 .2 .2 .2 HOSPITAL .076 0 .153 .153 0 0 ETFS .072 .09 .127 .109 .09 .072 HOMEBLDG .071 .071 .035 .035 .035 .035 CHEM .069 .139 .255 .186 .162 .162 REGBANKS .026 .078 .078 .052 .052 .026 BONDFUND .011 .011 .022 .022 .011 0 BEVERAGE 0 0 .071 .071 .071 .071 BIGBANKS 0 0 .142 0 0 0 JETS 0 0 0 0 0 0 SOLAR 0 0 0 0 0 0 |
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10/13/23 Friday 6:06 AM DJI +50 See https://dowfutures.org
NASD -40
10/12/23
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Nightly Comments As for the market's next big move, it's all up to the FED now. Rates rose as commentators predicted an end of the year advance in bond and mortgage yields to beyond 5%. The weakest stocks and indexes, those typically the most sensitive to news of this type, once more declined. If the FED has forgotten 1987, the market is in big trouble and the Buy B2 will suffer a loss for once. Breadth was bad today. See in Table 1 how there were 5x more decliners than advancers on the NYSE. In Table 3, nothing is shown to be bullish and in Table 3, only 3 groups have more than 50% of their components above their 65-dma. Can the big tech stocks hold the market up? They are now at resistance levels. For example the QQQ and NASDAQ must now surpass their falling 65-dma. But, at least, for now their Closing Powers are rising. The DJI looks more vulnerable. It could not even get up above its falling 21-day. NVDA, AAPL, MSFT and a few other of the main stocks we follow remain bullish, in terms of their positive Power Index and rising Closing Power and Relative Strength lines. They should be held, provided a portolio is hedged with some the bearish MINCPs. Seasonality is quite guarded over the next 10 days, with the DJI apt to rise only 33% of the time in these 3rd years of the Presidential cycle. It typically loses 2% over this period. See more here: http://www.tigersoft.com/INFOCUS/10-12-2023/INDEX.htm |
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Charts - 10/12/23 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper) |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 10/12/2023 --- Bullish = 0 Bearish = 1 RETL ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 336.27 -1.76 334.1 76% Bearish RED .01 0 .======== --------------------------------------------------------------------------------------------- COMPQX 13574.22 -85.46 13431.34 131.5% Bullish RED .007 .018 .025 --------------------------------------------------------------------------------------------- SPY 433.66 -2.66 429.54 106.2% Bearish RED .011 .01 .021 --------------------------------------------------------------------------------------------- QQQ 369.93 -1.29 364.7 153.6% Bullish RED .018 .035 .053 --------------------------------------------------------------------------------------------- MDY 448.59 -8.79 448.59 42.2% Bearish RED -.178 -.04 -.218 --------------------------------------------------------------------------------------------- IWM 171.7 -3.97 173 10.1% Bearish RED -.154 -.073 -.227 --------------------------------------------------------------------------------------------- FAS 58.14 -1.16 57.75 156.8% Bearish RED -.032 -.127 -.159 --------------------------------------------------------------------------------------------- RETL 5.23 -.32 5.23 65.1% Bearish RED -.087 -.296 -.383 --------------------------------------------------------------------------------------------- SOXL 20.68 .17 19.47 582.8% Bullish ---- .026 -.135 -.109 --------------------------------------------------------------------------------------------- TECL 48.58 .08 46.35 499.8% Bullish RED .077 -.044 .033 --------------------------------------------------------------------------------------------- IBB 121.14 -2.49 122.48 -26.1% Bearish RED .036 -.002 .034 --------------------------------------------------------------------------------------------- GLD 173.26 -.53 169.7 129.1% Bearish RED -.177 .011 -.166 --------------------------------------------------------------------------------------------- DBO 16.57 -.05 16.26 102.6% Bearish RED -.161 .095 -.066 --------------------------------------------------------------------------------------------- OIH 339.68 -2.73 325.08 277.2% Bearish RED -.209 .048 -.161 --------------------------------------------------------------------------------------------- CPER 22.23 -.11 22.45 38% Bearish RED -.082 -.018 -.1 --------------------------------------------------------------------------------------------- TAN 49 -1.4 47.73 242.1% Bearish RED -.044 -.18 -.224 --------------------------------------------------------------------------------------------- UUP 29.91 .25 29.74 18.5% ------- BLUE .083 .098 .181 --------------------------------------------------------------------------------------------- CORN 22.85 .26 22.74 8.8% Bullish BLUE .097 .055 .152 --------------------------------------------------------------------------------------------- WEAT 5.81 .13 5.79 -17.3% Bullish BLUE .014 -.061 -.047 --------------------------------------------------------------------------------------------- YINN 29.06 -1.62 27.78 509.8% Bearish RED -.019 -.21 -.229 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/12/23 Bullish = 3 Bearish = 46 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 EDU .666 .666 .666 .666 .666 .666 HACKERS .562 .562 .625 .562 .562 .375 ============================================================================================ GUNS .5 .642 .642 .642 .5 .357 ============================================================================================ OILGAS .474 .515 .556 .536 .329 .206 SOFTWARE .41 .446 .392 .375 .321 .285 NASD-100 .405 .435 .386 .356 .326 .237 INSURANC .4 .48 .44 .56 .4 .4 NIFTY .386 .386 .34 .318 .25 .181 MILITARY .384 .5 .384 .307 .115 .115 INDMATER .305 .388 .333 .305 .263 .194 INDEXES .281 .291 .281 .254 .172 .156 ELECTRON .278 .255 .233 .195 .172 .18 SEMI .271 .26 .217 .173 .163 .152 FIDSTKS .254 .319 .289 .266 .189 .142 RETAIL .239 .217 .195 .173 .13 .108 RUS-1000 .238 .281 .26 .238 .206 .146 HIGHPRIC .233 .307 .255 .238 .199 .151 SP500 .226 .262 .238 .213 .164 .132 LOWPRICE .219 .217 .234 .228 .217 .193 COMODITY .21 .236 .21 .263 .21 .21 GAMING .21 .315 .315 .21 .157 .105 FOOD .204 .204 .183 .224 .183 .183 COMPUTER .2 .25 .2 .2 .2 .15 CHINA .195 .195 .17 .17 .121 .121 SP-100 .188 .277 .222 .2 .111 .122 AUTO .185 .222 .203 .185 .185 .148 GOLD .177 .222 .133 .133 .111 .066 GREEN .166 .166 .166 .166 .111 .111 BIOTECH .162 .182 .185 .172 .177 .162 INFRA .161 .225 .258 .193 .161 .161 TRANSP .157 .263 .21 .157 .157 .105 DJI-13 .153 .23 .307 .23 .23 .23 COPPER .142 .142 .142 .142 .142 .142 CHEM .139 .255 .186 .162 .162 .116 DOWJONES .133 .2 .2 .166 .133 .133 REIT .131 .131 .131 .106 .098 .106 EAT .121 .17 .121 .121 .146 .195 FINANCE .112 .137 .125 .112 .125 .1 MARIJUAN .1 .1 .2 .2 .2 .3 ETFS .09 .127 .109 .09 .09 .072 REGBANKS .078 .078 .052 .052 .026 .026 UTILITY .076 .076 .051 .051 .025 .025 HOMEBLDG .071 .035 .035 .035 .035 .035 BONDFUND .011 .011 .022 .022 .011 0 BEVERAGE 0 .071 .071 .071 .071 .071 BIGBANKS 0 .142 0 0 0 0 HOSPITAL 0 .153 .153 0 0 0 JETS 0 0 0 0 0 0 SOLAR 0 0 0 0 0 0 |
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10/12/23 Thursday 6:00 AM DJI +102 See https://dowfutures.org
NASD +23
10/11/23
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Nightly Market Comments "Watch the Watchers" Peerless now shows a Buy B2 based on what I wrote last night. Geh mit der Zeit! We have to get with the times and not be so scared of Octobers. Watch the Professionals. They watch the Fed very closely. After the sudden 35% Crash of 1987, which Fed Chairman Greenspan inadvertently engineered by raising rates early in October 1987, the FED has become "self-aware", as it were. They have learned how dangerous interest rate increases are in October. As I said last night: most FOMC members have become much more wary of even talking hawkishly in Octobers. "As a result, Octobers have become bear market killers AND intermediate-term decline killers, too." Buying in October when the Stochastic 20 Pct turns up and crosses above 20% has regularly since 1988 worked out very well for traders, especially when the NYSE A/D Line has broken its downtrend, as has happened a few days ago.. The A/D Line, in fact, is now rising so sharply, one has to believe that Powell is about to do another one of his 180-degree turns. Look at how reliably bullish the new Buy B2s in October have been since 1988: 10/16/1990 +8.3% 10/9/1991 +12.2% 10/7/1992 +11.8% 10/7/1994 + 3.7% 10/28/1997 +22.5% 10/4/1999 +7.9% 10/20/2000 +6.0% 10/21/2001 + 6.4% 10/1/2003 +3.5% 10/19/2004 +10.3% 10/14/2005 +12.5% 10/28/2008 +2.9% 10/3/2012 +13.1% (But big paper loss first) 10/17/2014 +11.8% 9/30/2015 +10.0% 10/16/2018 +0.1% 10/31/2018 +2.8% 10/27/2020 +5.9% 10/13/2022 +1.6% 10/6/2023 33407.58 (still open). I will post the new XP Peerless that gives the Buy B2 on the tigersoft.com ESP page. (Just drop the www.tigersoftware.com and substitute www.tigersoft.com) It will be there by tomorrow at this time. Email me if you need the link. . |
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Charts - 10/11/2023 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper) |
https://www.wsj.com/market-data
did not work tonight We will start using https://www.etrade.wallst.com/research/Markets/Statistics Table 1 - unavailable |
Table 2 TIGER QUICKSILVER on ETFS - 10/11/2023 --- Bullish = 0 Bearish = 1 RETL ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 338.03 .58 331.17 105.4% Bearish RED .006 0 ==== --------------------------------------------------------------------------------------------- COMPQX 13659.68 96.84 13219.83 158.2% Bullish BLUE .029 .007 .036 --------------------------------------------------------------------------------------------- SPY 436.32 1.78 424.5 135.9% ------- BLUE .024 .007 .031 --------------------------------------------------------------------------------------------- QQQ 371.22 2.63 358.69 157.7% Bullish BLUE .035 .021 .056 --------------------------------------------------------------------------------------------- MDY 457.38 1.38 444.78 131.6% Bearish BLUE -.166 -.029 -.195 --------------------------------------------------------------------------------------------- IWM 175.67 -.3 171.35 128.5% Bearish RED -.139 -.061 -.2 --------------------------------------------------------------------------------------------- FAS 59.3 .24 56.32 325.5% Bearish RED -.033 -.129 -.162 --------------------------------------------------------------------------------------------- RETL 5.55 -.08 5.16 140.3% Bearish RED -.081 -.271 -.352 --------------------------------------------------------------------------------------------- SOXL 20.51 .46 18.4 487.3% Bullish BLUE .031 -.23 -.199 --------------------------------------------------------------------------------------------- TECL 48.5 1.24 43.92 520.1% Bullish BLUE .096 -.109 -.013 --------------------------------------------------------------------------------------------- IBB 123.63 .6 121.78 141.5% Bearish BLUE .058 .016 .074 --------------------------------------------------------------------------------------------- GLD 173.79 1.26 168.83 136.3% ------- BLUE -.166 .014 -.152 --------------------------------------------------------------------------------------------- DBO 16.62 -.21 16.23 15.1% Bearish RED -.14 .082 -.058 --------------------------------------------------------------------------------------------- OIH 342.41 2.07 321.18 297.5% Bearish BLUE -.228 .053 -.175 --------------------------------------------------------------------------------------------- CPER 22.34 -.1 22.06 33.5% ------- RED -.11 -.026 -.136 --------------------------------------------------------------------------------------------- TAN 50.4 .64 46.66 261.4% Bearish RED -.05 -.197 -.247 --------------------------------------------------------------------------------------------- UUP 29.66 0 29.8 -40.3% ------- ---- .055 .097 .152 --------------------------------------------------------------------------------------------- CORN 22.59 .17 22.81 39.8% Bullish BLUE .123 .036 .159 --------------------------------------------------------------------------------------------- WEAT 5.68 -.04 5.83 0% ------- ---- -.089 -.092 -.181 --------------------------------------------------------------------------------------------- YINN 30.68 .88 26.16 903.5% Bullish ---- .033 -.235 -.202 |
Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/11/23 Bullish = 5 Bearish = 44 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 EDU .666 .666 .666 .666 .666 .666 GUNS .642 .642 .642 .5 .357 .357 HACKERS .562 .625 .562 .562 .375 .375 OILGAS .515 .556 .536 .329 .226 .237 =============================================================================================== MILITARY .5 .384 .307 .115 .115 .07 =============================================================================================== INSURANC .48 .44 .56 .4 .4 .28 SOFTWARE .464 .41 .375 .321 .267 .303 NASD-100 .435 .386 .356 .326 .237 .247 ===== INDMATER .388 .333 .305 .263 .208 .194 NIFTY .386 .34 .318 .25 .181 .181 FIDSTKS .319 .289 .266 .189 .142 .136 GAMING .315 .315 .157 .21 .105 .052 HIGHPRIC .307 .255 .238 .199 .151 .151 INDEXES .291 .281 .254 .172 .156 .151 RUS-1000 .282 .26 .237 .206 .15 .142 SP-100 .277 .222 .2 .111 .122 .122 TRANSP .263 .21 .157 .157 .105 .157 SP500 .262 .238 .213 .162 .132 .122 SEMI .26 .217 .173 .163 .152 .163 CHEM .255 .186 .162 .162 .116 .093 ELECTRON .255 .233 .195 .172 .172 .18 COMPUTER .25 .2 .2 .2 .15 .15 COMODITY .236 .236 .236 .21 .184 .21 DJI-13 .23 .307 .23 .23 .23 .23 INFRA .225 .258 .193 .161 .161 .161 AUTO .222 .222 .185 .185 .166 .092 GOLD .222 .133 .133 .111 .066 .066 LOWPRICE .217 .237 .231 .217 .19 .19 RETAIL .217 .195 .173 .13 .108 .152 FOOD .204 .204 .204 .183 .163 .183 DOWJONES .2 .2 .166 .133 .133 .166 ===== CHINA .195 .17 .17 .121 .121 .121 BIOTECH .18 .185 .175 .177 .164 .154 EAT .17 .121 .121 .146 .195 .195 GREEN .166 .166 .166 .111 .111 .166 HOSPITAL .153 .153 0 0 0 0 BIGBANKS .142 0 0 0 0 0 COPPER .142 .142 .142 .142 .142 .142 FINANCE .137 .125 .112 .112 .1 .062 REIT .131 .114 .106 .106 .106 .106 ETFS .127 .109 .09 .09 .09 .054 MARIJUAN .1 .2 .2 .2 .3 .3 REGBANKS .078 .052 .052 .026 .026 0 UTILITY .076 .051 .051 .025 .025 .025 BEVERAGE .071 .071 .071 .071 .071 .071 HOMEBLDG .035 .035 .035 .035 .035 .035 BONDFUND .011 .011 .022 .022 .011 0 JETS 0 0 0 0 0 0 SOLAR 0 0 0 0 0 0 |
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10/11/23 Tuesday 6:18 AM DJI +150 See https://dowfutures.org
NASD +130
10/10/2023
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Nightly Market Comments Has the FED become "self-aware"? They seem to have learned how dangerous interest rate increases are in October. Where once their tightening precipitated terrible declines, as in 1929, 1937 and 1987, since the year 2008, they have become much more careful in their use of their powers in Octobers. As a result, Octobers have become bear market killers AND intermediate-term decline killers, too. Buying in October when the Stochastic 20 Pct turns up and crosses above 20% has regularly since 2009 worked out well for traders, especially when the NYSE A/D Line broke its downtrend as the DJI turned up. A rally to the DJI's 2.5% upper band followed in every case, except 2012. Professionals have sources within the FED to help them anticipate what the FED will be doing. Hence, the turning back upwards by the Tiger Closing Power in Octobers, which we have just seen, is a very bullish sign. And so, the market has rallied up despite fears of renewed inflation in last Friday's Jobs Report and the dangers of a wider war in the Middle East. Will it do that today after the Prodcuer's Price Report showed an inflation rate of more than 5%. We will soon find out if the FED's hawks can be held in check. The reaction of the market tomorrow the latest CPI numbers will be the real test.
The Closing Powers for solar energy ETF, TAN was broken. |
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Charts - 10/10/2023 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper) |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 10/10/2023 --- Bullish = 0 Bearish = 3 RETL, SOXL, YINN ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 337.45 1.36 330.99 112.3% Bearish BLUE -.019 0 ----------- --------------------------------------------------------------------------------------------- COMPQX 13562.84 78.6 13236.01 189.4% Bullish BLUE -.049 -.004 -.053 --------------------------------------------------------------------------------------------- SPY 434.54 2.25 424.66 151.8% Bearish BLUE -.029 0 -.029 --------------------------------------------------------------------------------------------- QQQ 368.59 2.03 359.75 189.4% Bullish BLUE -.029 .012 -.017 --------------------------------------------------------------------------------------------- MDY 456 4.11 445.55 140.9% Bearish BLUE -.18 -.034 -.214 --------------------------------------------------------------------------------------------- IWM 175.97 1.97 171.22 140.3% Bearish BLUE -.149 -.063 -.212 --------------------------------------------------------------------------------------------- FAS 59.06 1.31 55.57 418.8% Bearish BLUE -.029 -.133 -.162 --------------------------------------------------------------------------------------------- RETL 5.63 .32 5.4 264.7% Bearish BLUE -.097 -.27 -.367 --------------------------------------------------------------------------------------------- SOXL 20.05 .67 18.64 575.8% Bullish BLUE -.025 -.243 -.268 --------------------------------------------------------------------------------------------- TECL 47.26 .21 43.75 566.6% Bullish BLUE .02 -.127 -.107 --------------------------------------------------------------------------------------------- IBB 123.03 .99 120.18 153.1% Bearish BLUE .051 .002 .053 --------------------------------------------------------------------------------------------- GLD 172.53 -.29 169.14 99.2% Bearish BLUE -.169 -.003 -.172 --------------------------------------------------------------------------------------------- DBO 16.83 -.1 16.57 -206.6% Bearish RED -.163 .092 -.071 --------------------------------------------------------------------------------------------- OIH 340.34 .72 322.79 39.9% Bearish BLUE -.219 .041 -.178 --------------------------------------------------------------------------------------------- CPER 22.44 -.23 22.19 8.9% ------- BLUE -.079 -.045 -.124 --------------------------------------------------------------------------------------------- TAN 49.76 2.67 47.9 228.9% Bearish BLUE -.019 -.223 -.242 --------------------------------------------------------------------------------------------- UUP 29.66 -.07 29.9 -55.3% ------- ---- .056 .102 .158 --------------------------------------------------------------------------------------------- CORN 22.42 -.14 22.41 -17.7% Bullish ---- .07 .022 .092 --------------------------------------------------------------------------------------------- WEAT 5.72 -.1 5.68 -43.3% ------- ---- -.029 -.097 -.126 --------------------------------------------------------------------------------------------- YINN 29.8 2.02 25.72 627.4% Bullish BLUE .047 -.306 -.259 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/10/23 Bullish = 5 Bearish = 45 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 EDU .666 .666 .666 .666 .666 .666 GUNS .642 .642 .5 .357 .357 .357 HACKERS .625 .562 .562 .375 .375 .375 OILGAS .556 .536 .329 .226 .247 .412 ================================================================================================= INSURANC .44 .56 .4 .4 .28 .24 SOFTWARE .428 .392 .321 .267 .285 .25 NASD-100 .386 .356 .326 .237 .247 .178 MILITARY .384 .307 .115 .115 .076 .076 NIFTY .34 .318 .25 .181 .159 .136 INDMATER .333 .305 .263 .208 .222 .208 GAMING .315 .157 .157 .157 .052 .052 DJI-13 .307 .23 .23 .23 .23 .23 FIDSTKS .289 .266 .189 .142 .13 .142 INDEXES .281 .254 .172 .156 .151 .194 RUS-1000 .261 .237 .204 .15 .146 .127 INFRA .258 .193 .161 .161 .161 .161 HIGHPRIC .255 .238 .199 .151 .151 .125 SP500 .238 .213 .162 .13 .124 .114 LOWPRICE .237 .234 .219 .19 .19 .208 COMODITY .236 .263 .184 .184 .21 .289 ELECTRON .233 .195 .172 .172 .172 .165 AUTO .222 .203 .185 .166 .092 .092 SP-100 .222 .2 .111 .122 .122 .155 SEMI .217 .173 .163 .152 .163 .141 TRANSP .21 .157 .157 .105 .157 .105 FOOD .204 .224 .163 .163 .183 .265 COMPUTER .2 .2 .2 .15 .15 .15 DOWJONES .2 .166 .133 .133 .166 .133 MARIJUAN .2 .2 .2 .3 .3 .1 RETAIL .195 .173 .13 .108 .152 .13 CHEM .186 .162 .162 .116 .116 .093 BIOTECH .182 .175 .18 .164 .154 .147 CHINA .17 .17 .121 .121 .121 .121 GREEN .166 .166 .111 .111 .166 .111 HOSPITAL .153 0 0 0 0 0 COPPER .142 .142 .142 .142 .142 .142 GOLD .133 .133 .111 .066 .066 .088 FINANCE .125 .112 .112 .087 .062 .075 EAT .121 .121 .146 .195 .195 .17 REIT .114 .09 .106 .114 .106 .081 ETFS .109 .09 .09 .09 .072 .054 BEVERAGE .071 .071 .071 .071 .071 .071 REGBANKS .052 .052 .026 .026 0 0 UTILITY .051 .051 .025 .025 .025 .025 HOMEBLDG .035 .035 .035 .035 .035 .035 BONDFUND .011 .011 .022 .022 .011 0 BIGBANKS 0 0 0 0 0 0 JETS 0 0 0 0 0 0 SOLAR 0 0 0 0 0 0 |
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10/10/23 Tuesday 6:25 AM DJI +20 See https://dowfutures.org NASD
+34
10/9/23
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Market Comments Again Professionals swooped in and drove the market upwards after early weakness. This produces a bullish divergence between Closing Power and Opening Power (representing the public who sell because of the early news, in this case, the deadly war in Gaza and the dangers it may start a wider war). Such bullish action very often is often an important "tell" that the market wants to go higher. A string of blue (positive) candle-sticks may follow, with a big red one occuring at resistance that often then marks the end of the rally. We are may be getting away from a three tier market, one for blue chips and another for smaller stocks and a third one for big tech stocks. A cessation in the FED's raising rates would clearly help blue chips, dividend stocks, bonds and also IWM and the Russell-2000. It would also cause the A/D Line to rise bullishly. That is what we nust see now to be bullish. Watch to see if today the A/D Line can break its downtrend. Notice that solar stocks remained the weakest sector once again. Stay short these, but traders should be long the special tech stocks, NVDA and GOOG. See http://www.tigersoft.com/INFOCUS/10-9-2023/INDEX.htm |
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Charts - 10/9/2023 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper) |
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Table 2 TIGER QUICKSILVER on ETFS - 10/9/2023 --- Bullish = 1 UUP Bearish = 4 RETL, SOXL, YINN, TAN ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 336.09 1.99 329.98 30.1% Bearish BLUE -.021 0 ------- --------------------------------------------------------------------------------------------- COMPQX 13484.24 52.9 13059.47 66.6% Bullish BLUE -.007 -.006 -.013 --------------------------------------------------------------------------------------------- SPY 432.29 2.75 421.59 58.5% Bearish BLUE .002 -.002 0 --------------------------------------------------------------------------------------------- QQQ 366.56 1.86 354.92 73.6% Bullish BLUE .002 .008 .01 --------------------------------------------------------------------------------------------- MDY 451.89 3.3 443.41 14.3% Bearish BLUE -.196 -.037 -.233 --------------------------------------------------------------------------------------------- IWM 174 1 171.14 -2% Bearish BLUE -.186 -.062 -.248 --------------------------------------------------------------------------------------------- FAS 57.75 0 54.34 48.9% Bearish BLUE -.033 -.141 -.174 --------------------------------------------------------------------------------------------- RETL 5.31 .08 5.35 -354.1% Bearish BLUE -.158 -.293 -.451 --------------------------------------------------------------------------------------------- SOXL 19.38 -.09 17.89 80.2% ------- BLUE -.032 -.26 -.292 --------------------------------------------------------------------------------------------- TECL 47.05 .7 42.2 286.5% Bullish BLUE .049 -.124 -.075 --------------------------------------------------------------------------------------------- IBB 122.04 -.44 119.32 57.9% Bearish BLUE .045 -.008 .037 --------------------------------------------------------------------------------------------- GLD 172.82 3.12 169.16 93.6% Bearish BLUE -.201 .002 -.199 --------------------------------------------------------------------------------------------- DBO 16.93 .67 17.52 -154.7% Bearish BLUE -.182 .114 -.068 --------------------------------------------------------------------------------------------- OIH 339.62 14.54 337.71 47% Bearish BLUE -.239 .058 -.181 --------------------------------------------------------------------------------------------- CPER 22.67 .22 22.4 31.4% Bearish BLUE -.07 -.016 -.086 --------------------------------------------------------------------------------------------- TAN 47.09 -.64 47.59 -244.5% Bearish BLUE -.2 -.258 -.458 --------------------------------------------------------------------------------------------- UUP 29.73 -.01 29.99 -38.5% ------- RED .094 .107 .201 --------------------------------------------------------------------------------------------- CORN 22.56 -.18 22.5 8.9% Bullish RED .108 .001 .109 --------------------------------------------------------------------------------------------- WEAT 5.82 .03 5.77 43.3% ------- ---- -.057 -.116 -.173 --------------------------------------------------------------------------------------------- YINN 27.78 0 26.44 -120.8% ------- BLUE -.005 -.327 -.332 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/9/23 Bullish = 6 Bearish = 44 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 EDU .666 .666 .666 .666 .666 .666 GUNS .642 .5 .357 .357 .357 .5 HACKERS .562 .562 .375 .375 .375 .562 INSURANC .56 .4 .4 .28 .24 .28 OILGAS .536 .329 .226 .247 .412 .453 ============================================================================================= SOFTWARE .41 .339 .267 .285 .232 .321 NASD-100 .356 .326 .237 .247 .178 .267 NIFTY .318 .25 .181 .159 .136 .25 MILITARY .307 .115 .115 .076 .076 .153 INDMATER .305 .263 .208 .222 .222 .263 FIDSTKS .266 .189 .142 .13 .147 .218 COMODITY .263 .21 .157 .21 .289 .315 INDEXES .259 .172 .156 .151 .194 .205 HIGHPRIC .238 .199 .151 .151 .129 .173 RUS-1000 .238 .204 .149 .146 .13 .184 LOWPRICE .234 .222 .193 .19 .208 .228 DJI-13 .23 .23 .23 .23 .23 .307 FOOD .224 .183 .142 .183 .265 .265 SP500 .213 .162 .13 .122 .116 .156 AUTO .203 .203 .166 .092 .092 .129 COMPUTER .2 .2 .15 .15 .15 .2 MARIJUAN .2 .2 .3 .3 .1 .3 SP-100 .2 .111 .122 .122 .166 .222 ELECTRON .195 .172 .172 .172 .157 .18 INFRA .193 .161 .161 .161 .193 .258 RETAIL .173 .13 .108 .152 .13 .195 SEMI .173 .163 .152 .163 .141 .163 BIOTECH .172 .18 .167 .154 .147 .159 CHINA .17 .121 .121 .121 .121 .146 DOWJONES .166 .133 .133 .166 .133 .233 GREEN .166 .111 .111 .166 .111 .166 CHEM .162 .162 .116 .116 .093 .116 GAMING .157 .157 .105 .105 .052 .052 TRANSP .157 .157 .105 .157 .157 .21 COPPER .142 .142 .142 .142 .142 .142 GOLD .133 .111 .066 .066 .088 .088 EAT .121 .146 .195 .195 .17 .17 FINANCE .112 .112 .087 .05 .075 .087 ETFS .09 .09 .09 .072 .072 .072 REIT .09 .09 .114 .114 .09 .122 BEVERAGE .071 .071 .071 .071 .071 .071 REGBANKS .052 .026 .026 0 0 0 UTILITY .051 .025 .025 .025 .025 .025 HOMEBLDG .035 .035 .035 .035 .035 .035 BONDFUND .011 .011 .022 .022 .011 0 BIGBANKS 0 0 0 0 0 0 HOSPITAL 0 0 0 0 0 0 JETS 0 0 0 0 0 0 SOLAR 0 0 0 0 0 0 |
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10/9/23 Monday 5:30 AM DJI -146
See https://dowfutures.org NASD -100
10/6/23
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Nightly Comments Friday's bounce combined many factors. First, the many key support levels that held invited short covering and bounce-players. Perhaps, the most important of these were #1, the way the SP-500 rebounded from its low, a point propitiously placed in the sweet spot between its rising 30-wk ma and its 200-day, #2, the way the strongest tech stocks took off to the upside, making it seem that that the 'correction' was over and #3, the way the beaten down big banks that comprise FAS, advanced from their support, All this was enough to turn up the Midcaps (MDY), the Russell-2000 stocks (IWM) and the small caps generally. as represented by TNA. And, it's true, any broad, good-sized reversal upwards after a very weakenng opening is most often quite bullish in the short-intermediate term, especially when the market is over-sold, at support and the Stochastic-20 Pct-Ds could surpass the 20% recovery level as they have done repeatedly this past year. But there are big problems with the bullish view. Friday's seeming robust Jobs' numbers invite longer and higher interest rates, well over 5%. And especially if we now factor in how a Middle East War will rekindle fears of much more Inflation and much higher interest rates, as defined the period 1973-1981 in the financial markets. So, today will be important. Will Professionals be able to stage another rally after a weak opening? The mostly negative Power Indexes, falling 65-dma and big money selling (as seen in most key ETFs' negative IP21s) must caution us, just as does the 10:1 ratio of new lows to new highs in Table 1, the utter absence of any rising Closing Powers in Table 2, except for the Dollar and the fact that fewer than 20% of the DJI blue chips are still above their 65-dma, as seen in Table 3.. Stay short the weakest MINCPs as long as their Closing Powers are below their downtrend-lines. If you are inclined to trade on the long side, be very selective. TSLA, GOOG and NVDA have Closing Powers that have broken their down-trends and have positive Power Indexes. See http://tigersoft.com/INFOCUS/10-6-2023/INDEX.htm |
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10/6/2023 Charts Click Refresh if they do not open at first 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper) |
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Table 2 TIGER QUICKSILVER on ETFS - 10/6/2023 --- Bullish = 1 UUP Bearish = 7 MDY, IWM, SOXL,RETL, GLD, OIH, TAN Professionals are only net buyers of the Dollar. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 334.1 2.93 334.09 -12.8% Bearish BLUE -.059 0 ------- --------------------------------------------------------------------------------------------- COMPQX 13431.34 211.51 13307.77 80.3% Bearish BLUE -.06 .009 -.051 --------------------------------------------------------------------------------------------- SPY 429.54 5.04 427.31 24.2% Bearish BLUE -.043 .002 -.041 --------------------------------------------------------------------------------------------- QQQ 364.7 6.01 361.26 89.7% Bearish BLUE -.046 .021 -.025 --------------------------------------------------------------------------------------------- MDY 448.59 3.81 450.61 -89.8% Bearish BLUE -.229 -.035 -.264 --------------------------------------------------------------------------------------------- IWM 173 1.65 174.07 -108.2% Bearish BLUE -.222 -.055 -.277 --------------------------------------------------------------------------------------------- FAS 57.75 1.43 57.2 -90.4% Bearish BLUE -.056 -.136 -.192 --------------------------------------------------------------------------------------------- RETL 5.23 .07 5.69 -529% Bearish BLUE -.19 -.28 -.47 --------------------------------------------------------------------------------------------- SOXL 19.47 1.07 19.08 161.5% Bearish BLUE -.079 -.211 -.29 --------------------------------------------------------------------------------------------- TECL 46.35 2.43 44.52 374.7% Bearish BLUE -.004 -.103 -.107 --------------------------------------------------------------------------------------------- IBB 122.48 .7 120.64 7.9% Bearish BLUE -.021 .01 -.011 --------------------------------------------------------------------------------------------- GLD 169.7 .87 169.65 -51.6% Bearish BLUE -.289 -.006 -.295 --------------------------------------------------------------------------------------------- DBO 16.26 .03 17.45 -406.8% Bearish RED -.24 .084 -.156 --------------------------------------------------------------------------------------------- OIH 325.08 3.9 336.53 -300% Bearish BLUE -.295 .03 -.265 --------------------------------------------------------------------------------------------- CPER 22.45 .39 22.53 -127% Bearish ---- -.127 -.002 -.129 --------------------------------------------------------------------------------------------- TAN 47.73 1.07 49.43 -417.1% Bearish BLUE -.185 -.247 -.432 --------------------------------------------------------------------------------------------- UUP 29.74 -.06 29.96 1.7% Bullish RED .198 .107 .305 --------------------------------------------------------------------------------------------- CORN 22.74 -.07 22.52 160.3% Bullish RED .109 -.009 .1 --------------------------------------------------------------------------------------------- WEAT 5.79 -.04 5.77 192.2% ------- ---- -.057 -.127 -.184 --------------------------------------------------------------------------------------------- YINN 27.78 1.62 28.43 -210.1% ------- BLUE -.021 -.227 -.248 |
Table 3RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/6/23 Bullish = 3 Bearish = 46 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 EDU .666 .666 .666 .666 .666 .666 HACKERS .562 .375 .375 .375 .5 .437 ============================================================================================= GUNS .5 .357 .357 .357 .5 .5 ============================================================================================= INSURANC .4 .4 .28 .24 .28 .48 SOFTWARE .357 .285 .285 .232 .285 .303 OILGAS .329 .226 .247 .412 .474 .67 NASD-100 .326 .237 .247 .178 .267 .257 ----- INDMATER .263 .208 .222 .222 .277 .263 NIFTY .25 .181 .159 .136 .272 .204 DJI-13 .23 .23 .23 .23 .307 .307 LOWPRICE .222 .196 .193 .208 .231 .249 COMODITY .21 .184 .184 .289 .315 .315 RUS-1000 .206 .149 .145 .13 .189 .221 ----- AUTO .203 .185 .092 .092 .129 .203 COMPUTER .2 .15 .15 .15 .2 .15 MARIJUAN .2 .3 .3 .1 .3 .5 HIGHPRIC .199 .151 .151 .129 .173 .194 FIDSTKS .189 .142 .13 .147 .213 .254 FOOD .183 .163 .163 .265 .265 .285 BIOTECH .177 .167 .157 .147 .159 .187 ELECTRON .172 .172 .172 .157 .18 .225 INDEXES .172 .156 .151 .194 .21 .221 SEMI .163 .152 .163 .141 .173 .184 CHEM .162 .116 .116 .093 .116 .162 SP500 .162 .13 .122 .114 .164 .199 ----- INFRA .161 .161 .161 .193 .258 .225 GAMING .157 .105 .052 .105 .105 .052 TRANSP .157 .105 .157 .157 .21 .263 EAT .146 .195 .195 .17 .17 .17 COPPER .142 .142 .142 .142 .142 .142 DOWJONES .133 .133 .166 .133 .233 .2 ----- RETAIL .13 .108 .152 .13 .195 .239 CHINA .121 .121 .121 .121 .146 .146 MILITARY .115 .115 .076 .076 .153 .153 FINANCE .112 .087 .05 .062 .087 .15 GOLD .111 .066 .066 .088 .088 .088 GREEN .111 .111 .166 .111 .166 .166 SP-100 .111 .122 .122 .166 .222 .244 ETFS .09 .09 .072 .072 .09 .072 REIT .09 .098 .114 .098 .122 .131 BEVERAGE .071 .071 .071 .071 .071 .071 HOMEBLDG .035 .035 .035 .035 .035 .035 REGBANKS .026 .026 0 0 0 .026 UTILITY .025 .025 .025 .025 .025 .076 BONDFUND .011 .011 .022 .022 .011 0 BIGBANKS 0 0 0 0 0 .142 HOSPITAL 0 0 0 0 0 .076 JETS 0 0 0 0 0 .076 SOLAR 0 0 0 0 0 0 |
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10/6/23 Friday 6:21 AM DJI -166
See https://dowfutures.org NASD -42
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10/5/23
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Nightly Hotline No Peerless Buy. Falling Closing Powers. Negative IP21. Stay short. THE EMPLOYMENT SITUATION -- SEPTEMBER 2023 Total nonfarm payroll employment rose by 336,000 in September, and the unemployment rate was unchanged at 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in leisure and hospitality; government; health care; professional, scientific, and technical services; and social assistance.
The Jobs Report shows that the FED's efforts to slow the economy with |
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Table 2 TIGER QUICKSILVER on ETFS - 10/5/2023 --- Bullish = 1 UUP Bearish = 10 MDY, IWM, FAS, SOXL,TECL, RETL, GLD, TAN, WEAT,YINN Professionals are only net buyers of the Dollar. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 331.17 .18 334.95 -81.8% Bearish BLUE -.084 0 ------- --------------------------------------------------------------------------------------------- COMPQX 13219.83 -16.18 13219.32 7% Bearish RED -.065 .004 -.061 --------------------------------------------------------------------------------------------- SPY 424.5 -.16 427.48 -47.2% Bearish BLUE -.069 0 -.069 --------------------------------------------------------------------------------------------- QQQ 358.69 -1.06 358.27 9.5% Bearish RED -.074 .018 -.056 --------------------------------------------------------------------------------------------- MDY 444.78 -.77 456.64 -152% Bearish BLUE -.277 -.039 -.316 --------------------------------------------------------------------------------------------- IWM 171.35 .13 176.74 -178.9% Bearish BLUE -.276 -.06 -.336 --------------------------------------------------------------------------------------------- FAS 56.32 .75 58.77 -348.5% Bearish BLUE -.091 -.173 -.264 --------------------------------------------------------------------------------------------- RETL 5.16 -.24 5.81 -500.5% Bearish RED -.256 -.297 -.553 --------------------------------------------------------------------------------------------- SOXL 18.4 -.24 18.87 -64.4% Bearish RED -.099 -.198 -.297 --------------------------------------------------------------------------------------------- TECL 43.92 .17 43.09 139.9% Bearish BLUE -.052 -.14 -.192 --------------------------------------------------------------------------------------------- IBB 121.78 1.6 122.29 -43.8% Bearish BLUE -.05 .013 -.037 --------------------------------------------------------------------------------------------- GLD 168.83 -.31 171.45 -129% Bearish BLUE -.34 -.011 -.351 --------------------------------------------------------------------------------------------- DBO 16.23 -.34 17.65 -482.2% Bearish ---- -.282 .108 -.174 --------------------------------------------------------------------------------------------- OIH 321.18 -1.61 345.04 -503.7% Bearish BLUE -.324 .019 -.305 --------------------------------------------------------------------------------------------- CPER 22.06 -.13 23.02 -188% Bearish RED .015 -.02 -.005 --------------------------------------------------------------------------------------------- TAN 46.66 -1.24 51.79 -522% Bearish RED -.196 -.266 -.462 --------------------------------------------------------------------------------------------- UUP 29.8 -.1 29.73 15.1% Bullish RED .226 .134 .36 --------------------------------------------------------------------------------------------- CORN 22.81 .4 22.02 71.5% Bullish BLUE .114 .003 .117 --------------------------------------------------------------------------------------------- WEAT 5.83 .15 5.57 17.5% ------- BLUE -.077 -.111 -.188 --------------------------------------------------------------------------------------------- YINN 26.16 .44 28.92 -356% Bearish BLUE -.07 -.285 -.355 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/5/23 Bullish = 2 Bearish = 48 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 EDU .666 .666 .666 .666 .666 .666 ---------------------------------------------------------------------------------------------- INSURANC .4 .28 .24 .28 .48 .6 HACKERS .375 .375 .375 .5 .437 .437 GUNS .357 .357 .357 .5 .5 .571 SOFTWARE .303 .303 .232 .285 .285 .285 MARIJUAN .3 .3 .1 .3 .5 .5 NASD-100 .237 .247 .178 .267 .257 .306 DJI-13 .23 .23 .23 .307 .307 .384 OILGAS .226 .247 .412 .474 .67 .711 INDMATER .208 .222 .222 .277 .277 .291 LOWPRICE .196 .196 .211 .231 .246 .24 EAT .195 .195 .17 .17 .17 .17 AUTO .185 .111 .092 .129 .203 .222 COMODITY .184 .21 .263 .315 .315 .394 NIFTY .181 .159 .136 .272 .204 .181 ELECTRON .172 .172 .157 .18 .218 .187 BIOTECH .164 .157 .149 .159 .19 .19 FOOD .163 .183 .244 .265 .285 .346 INFRA .161 .161 .193 .258 .225 .225 INDEXES .156 .151 .194 .21 .221 .227 SEMI .152 .163 .141 .173 .184 .173 HIGHPRIC .151 .151 .129 .173 .194 .212 COMPUTER .15 .15 .15 .2 .15 .25 RUS-1000 .15 .145 .129 .189 .224 .242 COPPER .142 .142 .142 .142 .142 .142 FIDSTKS .142 .13 .147 .213 .254 .301 DOWJONES .133 .166 .133 .233 .2 .266 SP500 .13 .122 .114 .162 .199 .217 SP-100 .122 .122 .166 .222 .244 .288 CHINA .121 .121 .121 .146 .146 .146 CHEM .116 .116 .093 .116 .162 .162 MILITARY .115 .076 .076 .153 .153 .153 GREEN .111 .166 .111 .166 .166 .166 RETAIL .108 .152 .13 .195 .26 .195 GAMING .105 .052 .052 .157 .052 .052 TRANSP .105 .157 .157 .21 .263 .263 REIT .098 .098 .098 .131 .131 .155 ETFS .09 .072 .072 .09 .09 .072 FINANCE .087 .05 .062 .075 .15 .137 BEVERAGE .071 .071 .071 .071 .071 .071 GOLD .066 .066 .088 .088 .088 .088 HOMEBLDG .035 .035 .035 .035 .035 .035 REGBANKS .026 0 0 0 .026 .026 UTILITY .025 .025 .025 .025 .076 .051 BONDFUND .011 .011 .022 .022 .011 .011 BIGBANKS 0 0 0 0 .142 .142 HOSPITAL 0 0 0 0 .076 0 JETS 0 0 0 0 .076 .076 SOLAR 0 0 0 0 0 0 |
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10/6/23
Thursday 6:05 AM DJI -110
See https://dowfutures.org
10/5/23
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Nightly Comments No Buy Signal at the DJI's Lower Band. Crude Oil fell sharply today. Higher interest rates, all the bearish talk in the financial press and cuts in Federal spending without compensating cuts in Federal taxation are bound to be deflationary. So, the risk is that we will now see a recession. And given all the debt, we could get much worse if the FED does not back off. Will they? Right now our falling Tiger Closing Power and negative IP21-Accumulation indicators, as they focus on the blue chip average and big bank stocks, argue that the FED will keep rates too high and too long. Hence, the ugly chart of Bond Funds and the breakdowns in Big Banks like GS and WFC . In the short-run, the market is oversold. Hedge funds have spent hundreds of millions on puts, both for protection and for aggressive bearish speculations. If the DJI can now stabilize between its 3.5% lower band and its 21-day ma, the bears will start to get nervous that Powell could be about to change his mind and talk more "dovishly". The bears also know that October is known to be the month when bear markets typically come to an end. But it will be a struggle for the DJI to rally. Look tonight at how stocks in the DJI did today. Some like BA and MMM fell. Others like DIS, GS, JPM, MCD, MRK and PG could manage only very weak rallies. Also making a DJI rally difficult now is a new technical development, namely that its 200-dma has turned down. This could prompt additional selling in the blue chips and the DJI stocks, especially since they nearly all show falling Closing Powers and negative IP21s. The NASDAQ and QQQ have the same two key TigerSoft weaknesses, but they are above their recent support-levels and have rebounded from their rising 30 week ma. Also predicting a further bounce for them is the way their lows of a few days ago were not confirmed by their Relative Strength lines. This is a short-term buy when their steep Closing Power downtrends are broken. So, short-term traders should watch the stromgest of the big techs, namely AAPL, GOOG and NVDA. A further advance in them may, at least, help stabilize the indexes for a while. But the Bearish MINCPs, with their very weak solar energy stocks, retail stocks, utilities and bond funds will likely all just keep falling. These we should just stay short. |
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Charts in focus http://www.tigersoft.com/INFOCUS/10-4-2023/INDEX.htm | ||
10/4/2023 Charts Click Refresh if they do not open at first 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper) |
Table 1
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Table 2 TIGER QUICKSILVER on ETFS - 10/4/2023 --- Bullish = 1 UUP Bearish = 10 MDY, IWM, FAS, SOXL,TECL, RETL, GLD, TAN, WEAT,YINN Professionals are only net buyers of the Dollar. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 330.99 1.01 336.62 -66.4% Bearish BLUE -.108 0 -.108 --------------------------------------------------------------------------------------------- COMPQX 13236.01 176.54 13201.28 54.3% Bearish BLUE -.103 .002 -.101 --------------------------------------------------------------------------------------------- SPY 424.66 3.07 428.52 -16.3% Bearish BLUE -.091 -.002 -.093 --------------------------------------------------------------------------------------------- QQQ 359.75 4.83 358.01 65.9% Bearish BLUE -.099 .016 -.083 --------------------------------------------------------------------------------------------- MDY 445.55 2.14 458.49 -89.8% Bearish BLUE -.299 -.035 -.334 --------------------------------------------------------------------------------------------- IWM 171.22 .08 177.58 -136.2% Bearish BLUE -.317 -.056 -.373 --------------------------------------------------------------------------------------------- FAS 55.57 1.23 60.31 -312.3% Bearish BLUE -.118 -.17 -.288 --------------------------------------------------------------------------------------------- RETL 5.4 .05 5.72 -17.9% Bearish ---- -.245 -.24 -.485 --------------------------------------------------------------------------------------------- SOXL 18.64 .75 18.64 260.4% Bearish BLUE -.107 -.221 -.328 --------------------------------------------------------------------------------------------- TECL 43.75 1.55 42.71 220.4% Bearish BLUE -.117 -.176 -.293 --------------------------------------------------------------------------------------------- IBB 120.18 .86 122.84 -120.4% Bearish BLUE -.118 -.003 -.121 --------------------------------------------------------------------------------------------- GLD 169.14 -.02 173.23 -144.6% Bearish RED -.403 -.007 -.41 --------------------------------------------------------------------------------------------- DBO 16.57 -.95 17.91 -451% Bearish RED -.222 .122 -.1 --------------------------------------------------------------------------------------------- OIH 322.79 -14.92 355.38 -500.5% Bearish RED -.289 .019 -.27 ----------------------------------------------------------------------------------- ---------- CPER 22.19 -.21 22.91 -68.4% Bearish RED -.041 -.02 -.061 ----------------------------------------------------------------------------------- ---------- TAN 47.9 .31 51.85 -374.5% Bearish BLUE -.191 -.26 -.451 --------------------------------------------------------------------------------------------- UUP 29.9 -.09 29.71 5% Bullish ---- .281 .133 .414 --------------------------------------------------------------------------------------------- CORN 22.41 -.09 22.49 15.6% Bullish ---- .051 -.038 .013 --------------------------------------------------------------------------------------------- WEAT 5.68 -.09 5.81 -130.4% ------- ---- -.083 -.167 -.25 --------------------------------------------------------------------------------------------- YINN 25.72 -.72 28.12 -512.4% Bearish RED -.134 -.272 -.406 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/4/23 Bullish - 2 Bearish - 48 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 EDU .666 .666 .666 .666 .666 .666 ============================================================================================ HACKERS .375 .375 .5 .437 .437 .375 GUNS .357 .357 .5 .5 .571 .428 SOFTWARE .321 .25 .285 .285 .267 .25 MARIJUAN .3 .1 .3 .5 .5 .5 INSURANC .28 .24 .28 .48 .64 .64 NASD-100 .247 .178 .267 .257 .306 .198 ===== OILGAS .247 .412 .474 .67 .711 .701 DJI-13 .23 .23 .307 .307 .384 .461 INDMATER .222 .222 .277 .277 .305 .263 COMODITY .21 .289 .289 .315 .394 .342 LOWPRICE .196 .214 .234 .246 .237 .237 EAT .195 .17 .17 .17 .17 .17 FOOD .183 .265 .244 .285 .346 .326 ELECTRON .172 .157 .18 .218 .18 .15 DOWJONES .166 .133 .233 .2 .266 .233 ===== GREEN .166 .111 .166 .166 .166 .166 SEMI .163 .141 .173 .184 .173 .108 INFRA .161 .193 .258 .225 .258 .225 NIFTY .159 .136 .272 .204 .181 .136 TRANSP .157 .157 .21 .263 .263 .263 BIOTECH .154 .149 .162 .19 .192 .175 RETAIL .152 .13 .195 .26 .195 .152 HIGHPRIC .151 .129 .173 .194 .22 .186 INDEXES .151 .194 .21 .221 .227 .227 COMPUTER .15 .15 .2 .15 .25 .2 RUS-1000 .146 .129 .188 .224 .246 .209 COPPER .142 .142 .142 .142 .285 .142 FIDSTKS .13 .147 .213 .254 .301 .26 SP-100 .122 .166 .222 .244 .288 .277 SP500 .122 .114 .162 .197 .217 .195 CHINA .121 .121 .146 .146 .146 .146 CHEM .116 .093 .116 .162 .162 .139 AUTO .111 .111 .129 .203 .222 .166 REIT .098 .081 .131 .139 .155 .122 MILITARY .076 .076 .153 .153 .153 .192 ETFS .072 .072 .09 .09 .09 .072 BEVERAGE .071 .071 .071 .071 .071 .071 GOLD .066 .088 .088 .088 .088 .088 GAMING .052 .052 .105 .105 .052 .052 FINANCE .05 .062 .075 .137 .15 .125 HOMEBLDG .035 .035 .035 .035 .035 .035 UTILITY .025 .025 .025 .076 .051 .025 BONDFUND .011 .011 .022 .022 .022 0 BIGBANKS 0 0 0 .142 .142 .142 HOSPITAL 0 0 0 .076 0 0 JETS 0 0 0 .076 .076 .076 REGBANKS 0 0 0 .026 .026 0 SOLAR 0 0 0 0 0 0 |
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10/4/23 Wednesday 5:55 AM DJI +45 See https://dowfutures.org
10/3/23
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Nightly Comments Trusting the Tiger Closing Power and IP21-Accumulation means believing that market Professionals and Big Money know a lot more than the Public or our own emotions. The sell-off we are seeing has been readily avoided by trusting these tenets of TigerSoft. And trusting the FED is likely to go to an extreme has helped a lot, too. Now the DJI has fallen to its lower 3.5% band. But it still has not fallen 10% from its highs or completed the downside minimum point count from its head and shoulders top. These give us a DJI minimum target of 32000. Rates are accelerating up. This is the most dangerous time. It won't take much more of a rise for the 10-year rates to reach 5%. That will spook dividend-stocks even more, just like it is now doing to bonds, utilities, retail stocks, small stocks, housing stocks and even big banks. Table 2 below shows us that Breadth is miserable now on the NYSE stocks and on the NASDAQ where small stocks abound. They are particularly vulnerable to higher rates. IWM and MDY show bearish head and shoulders patterns. This pattern represents a rush to distribute and sell by informed investors who have hastily changed from neutral or bullish to very bearish. More and more tech stocks are breaking down having shown very bearish internals. Can we really expect AAPL, GOOG and NVDA, almost alone, hold up the SP-500? See how BRKA and MSFT have broken support under the pressure of Professional and Big Money Selling. And more and more stocks are becoming bearish MINCPs. Short sales in this area on our Hotline Page should have more than made up for any losses. Until the FED actually eases up and lowers rates, all this selling pressure will continue. In fact, it will probably get worse when the Public panics and sells, too. Continue to use our Bearish MINCPs to make money in this ugly market. Charts in Focus today: http://www.tigersoft.com/INFOCUS/10-3-2023/INDEX.htm |
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10/3/2023 Charts Click Refresh if they do not open at first 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper) |
Table 1 - Daily Breadth and Volume
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Table 2 TIGER QUICKSILVER on ETFS - 10/3/2023 --- Bullish = 1 UUP Bearish = 10 MDY, IWM, FAS, SOXL,TECL, RETL, GLD, TAN, WEAT,YINN Professionals are only net buyers of the Dollar. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 329.98 -4.11 335.43 -90.3% Bearish RED -.19 0 --------- --------------------------------------------------------------------------------------------- COMPQX 13059.47 -248.3 13092.85 -1.6% Bearish RED -.119 -.003 -.122 --------------------------------------------------------------------------------------------- SPY 421.59 -5.72 426.05 -50.2% Bearish RED -.159 -.004 -.163 --------------------------------------------------------------------------------------------- QQQ 354.92 -6.34 355.04 9.9% Bearish RED -.129 .011 -.118 --------------------------------------------------------------------------------------------- MDY 443.41 -7.2 453.68 -82.4% Bearish RED -.406 -.035 -.441 --------------------------------------------------------------------------------------------- IWM 171.14 -2.93 175.99 -91.6% Bearish RED -.42 -.054 -.474 --------------------------------------------------------------------------------------------- FAS 54.34 -2.86 59.19 -437.3% Bearish RED -.212 -.201 -.413 --------------------------------------------------------------------------------------------- RETL 5.35 -.34 5.42 35.8% Bearish RED -.288 -.253 -.541 --------------------------------------------------------------------------------------------- SOXL 17.89 -1.19 17.68 177.6% Bearish RED -.147 -.213 -.36 --------------------------------------------------------------------------------------------- TECL 42.2 -2.32 41.86 60.8% Bearish RED -.152 -.177 -.329 --------------------------------------------------------------------------------------------- IBB 119.32 -1.32 123.11 -131.7% Bearish RED -.224 -.01 -.234 --------------------------------------------------------------------------------------------- GLD 169.16 -.49 174.1 -205.8% Bearish ---- -.49 .001 -.489 --------------------------------------------------------------------------------------------- DBO 17.52 .07 18.17 -78.7% Bearish ---- -.169 .19 .021 --------------------------------------------------------------------------------------------- OIH 337.71 1.18 357.47 -132.2% Bearish BLUE -.303 .072 -.231 --------------------------------------------------------------------------------------------- CPER 22.4 -.13 22.5 -30.8% Bearish ---- -.079 .011 -.068 --------------------------------------------------------------------------------------------- TAN 47.59 -1.84 51.68 -404.5% Bearish RED -.297 -.261 -.558 --------------------------------------------------------------------------------------------- UUP 29.99 .03 29.87 43.6% Bullish ---- .324 .137 .461 --------------------------------------------------------------------------------------------- CORN 22.5 -.02 22.34 85.2% Bullish ---- .076 -.038 .038 --------------------------------------------------------------------------------------------- WEAT 5.77 0 5.83 -103.9% ------- ---- -.088 -.15 -.238 --------------------------------------------------------------------------------------------- YINN 26.44 -1.99 28.6 -347.4% Bearish ---- -.108 -.227 -.335 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/3/23 BULLISH = 2 Bearish = 48 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 EDU .666 .666 .666 .666 .666 .666 =============================================================================================== OILGAS .412 .474 .67 .711 .701 .628 HACKERS .375 .5 .437 .437 .437 .375 GUNS .357 .5 .5 .571 .5 .357 COMODITY .289 .315 .289 .394 .342 .368 SOFTWARE .267 .303 .285 .267 .267 .25 FOOD .265 .265 .265 .346 .326 .346 INSURANC .24 .28 .48 .64 .64 .64 DJI-13 .23 .307 .307 .384 .461 .461 INDMATER .222 .277 .277 .305 .277 .236 LOWPRICE .214 .237 .249 .237 .237 .231 INDEXES .194 .21 .221 .232 .237 .237 INFRA .193 .258 .225 .258 .225 .161 NASD-100 .178 .267 .257 .306 .207 .188 EAT .17 .17 .17 .17 .17 .17 SP-100 .166 .222 .244 .288 .277 .266 ELECTRON .157 .18 .218 .18 .15 .127 TRANSP .157 .21 .263 .263 .263 .21 COMPUTER .15 .2 .15 .25 .25 .15 BIOTECH .147 .162 .192 .192 .175 .19 FIDSTKS .147 .213 .254 .301 .26 .26 COPPER .142 .142 .142 .285 .142 .142 SEMI .141 .173 .184 .173 .119 .076 NIFTY .136 .272 .204 .181 .136 .068 DOWJONES .133 .233 .2 .266 .233 .233 RETAIL .13 .195 .26 .195 .152 .173 RUS-1000 .13 .188 .223 .246 .217 .188 HIGHPRIC .129 .173 .194 .22 .19 .177 CHINA .121 .146 .146 .146 .146 .146 SP500 .114 .162 .197 .215 .197 .183 AUTO .111 .148 .203 .222 .166 .129 GREEN .111 .166 .166 .166 .166 .166 MARIJUAN .1 .3 .5 .5 .5 .5 CHEM .093 .116 .162 .162 .139 .116 GOLD .088 .088 .088 .088 .088 .088 REIT .081 .114 .139 .163 .122 .106 MILITARY .076 .153 .153 .153 .192 .076 ETFS .072 .09 .09 .09 .09 .072 BEVERAGE .071 .071 .071 .071 .071 .071 FINANCE .062 .075 .137 .137 .125 .125 GAMING .052 .105 .052 .105 .052 .105 HOMEBLDG .035 .035 .035 .035 .035 .035 UTILITY .025 .025 .076 .051 .025 .076 BONDFUND .011 .011 .022 .034 .011 .011 BIGBANKS 0 0 .142 .142 .142 .142 HOSPITAL 0 0 .076 0 0 .076 JETS 0 0 .076 .076 .076 0 REGBANKS 0 0 .026 .026 0 0 SOLAR 0 0 0 0 0 0 |
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10/3/23 Tuesday 6:18 AM
DJI -74 See https://dowfutures.org NASDAQ +78
10/2/23
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Nightly Comments Fed Governor Bowman horrified the market's bulls today by calling for at least two more rate hikes. Interest rates shot upwards. The 10-year rates rose +.10 percent. The result was a near-panic in the bond market, in utilities and the NYSE where so many dividend-paying stocks and bond funds are traded. There were 4 times more down than up there. Smaller stocks on the NASDAQ fared little better. See Table 1 below. IWM and the Russell-2000 dropped to a point on its year-long uptrend. Watch IWM. We expected Solar Stock to be leaders in the decline. They show the bearish mix of a falling Closing Power and Relative Strength plus heavy red Big Money distribution. Big Bank stocks are selling off badly. AXP made new low and WFC has completed a bearish head and shoulders pattern. But, as bad as most stocks fared today, the big tech stocks not only held above their key support levels, they also advanced. They were, led up by NVDA and many semi-conductors. So we have a two-tier market. The tech stocks make up for their small numbers by the size of their capitalization and by the belief that their services will keep growing even in a recession. That may be true, but most of them show the same bad internal technicals, namely falling Closing Power and very red distribution. Will they blink and turn down? That would leave very few stocks rallying and could then bring a real panic. Stay tuned. Charts in focus today http://www.tigersoft.com/INFOCUS/10-2-2023/INDEX.htm |
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10/2/2023 Click Refresh if they do not open at first 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper) |
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Table 2 TIGER QUICKSILVER on ETFS - 10/2/2023 --- Bullish = 1 UUP Bearish = 11 MDY, IWM, FAS, SOXL,TECL,IBB, RETL, GLD, TAN, WEAT,YINN Professionals are only net buyers of the Dollar. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 334.09 -.86 336.04 -87.5% Bearish RED -.153 0 ------ --------------------------------------------------------------------------------------------- COMPQX 13307.77 88.45 13063.61 13.8% ------- BLUE -.109 0 -.109 --------------------------------------------------------------------------------------------- SPY 427.31 -.17 425.88 -57.5% Bearish BLUE -.134 -.004 -.138 --------------------------------------------------------------------------------------------- QQQ 361.26 2.99 354.21 23.1% ------- BLUE -.111 .013 -.098 --------------------------------------------------------------------------------------------- MDY 450.61 -6.03 450.89 -83.3% Bearish RED -.351 -.036 -.387 --------------------------------------------------------------------------------------------- IWM 174.07 -2.67 174.36 -96.1% Bearish RED -.395 -.054 -.449 --------------------------------------------------------------------------------------------- FAS 57.2 -1.57 59.5 -398.7% Bearish RED -.166 -.156 -.322 --------------------------------------------------------------------------------------------- RETL 5.69 -.12 5.31 107.8% ------- RED -.248 -.214 -.462 --------------------------------------------------------------------------------------------- SOXL 19.08 .21 17.24 237.2% Bearish BLUE -.111 -.183 -.294 --------------------------------------------------------------------------------------------- TECL 44.52 1.43 41.68 48% Bearish BLUE -.113 -.147 -.26 --------------------------------------------------------------------------------------------- IBB 120.64 -1.65 122.54 -66.5% ------- RED -.239 -.031 -.27 --------------------------------------------------------------------------------------------- GLD 169.65 -1.8 176.28 -230.6% Bearish RED -.49 -.018 -.508 --------------------------------------------------------------------------------------------- DBO 17.45 -.2 17.8 -67.2% Bearish RED -.107 .195 .088 --------------------------------------------------------------------------------------------- OIH 336.53 -8.51 346.92 -194% Bearish RED -.322 .074 -.248 --------------------------------------------------------------------------------------------- CPER 22.53 -.49 22.54 -44% Bearish RED -.096 .008 -.088 --------------------------------------------------------------------------------------------- TAN 49.43 -2.36 51.74 -302.4% ------- RED -.281 -.254 -.535 --------------------------------------------------------------------------------------------- UUP 29.96 .23 29.73 53.8% Bullish BLUE .392 .123 .515 --------------------------------------------------------------------------------------------- CORN 22.52 .5 22.12 69.7% Bullish BLUE .044 -.009 .035 --------------------------------------------------------------------------------------------- WEAT 5.77 .2 5.89 -103.5% ------- BLUE -.143 -.11 -.253 --------------------------------------------------------------------------------------------- YINN 28.43 -.49 28.42 -222.6% Bearish RED -.15 -.139 -.289 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 10/2/23 Bullish = 2 Bearish = 46 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 EDU .666 .666 .666 .666 .666 .666 =============================================================================================== GUNS .5 .5 .571 .5 .357 .428 HACKERS .5 .437 .437 .437 .375 .5 =============================================================================================== OILGAS .474 .67 .711 .701 .639 .649 SOFTWARE .321 .303 .267 .267 .232 .303 COMODITY .315 .315 .368 .342 .368 .368 DJI-13 .307 .307 .384 .461 .461 .461 MARIJUAN .3 .5 .5 .5 .5 .6 INSURANC .28 .48 .64 .64 .68 .72 INDMATER .277 .277 .305 .277 .25 .263 NIFTY .272 .204 .181 .136 .068 .113 NASD-100 .267 .257 .306 .207 .198 .287 FOOD .265 .285 .326 .326 .346 .346 INFRA .258 .225 .258 .225 .161 .193 LOWPRICE .237 .252 .24 .237 .231 .231 DOWJONES .233 .2 .266 .233 .233 .233 SP-100 .222 .244 .288 .277 .266 .3 FIDSTKS .213 .254 .301 .26 .266 .313 INDEXES .21 .221 .232 .237 .237 .248 TRANSP .21 .263 .263 .263 .21 .263 COMPUTER .2 .15 .25 .25 .15 .2 RETAIL .195 .26 .195 .152 .173 .217 RUS-1000 .189 .223 .245 .217 .194 .247 ELECTRON .18 .218 .18 .15 .12 .18 HIGHPRIC .173 .194 .22 .19 .186 .251 SEMI .173 .184 .173 .119 .076 .119 EAT .17 .17 .17 .17 .17 .195 GREEN .166 .166 .166 .166 .166 .166 SP500 .162 .197 .215 .195 .187 .236 BIOTECH .159 .192 .195 .175 .19 .18 MILITARY .153 .153 .153 .192 .076 .153 AUTO .148 .222 .222 .166 .129 .185 CHINA .146 .146 .146 .146 .146 .17 COPPER .142 .142 .285 .142 .142 .142 CHEM .116 .162 .162 .139 .116 .162 REIT .114 .122 .163 .131 .106 .139 GAMING .105 .052 .052 .105 .105 .105 ETFS .09 .09 .09 .09 .09 .09 GOLD .088 .088 .088 .088 .088 .133 FINANCE .075 .137 .137 .112 .125 .162 BEVERAGE .071 .071 .071 .071 .071 .071 HOMEBLDG .035 .035 .035 .035 .035 .035 UTILITY .025 .076 .051 .025 .076 .128 BONDFUND .011 .011 .034 .022 .022 .011 BIGBANKS 0 .142 .142 .142 .142 .142 HOSPITAL 0 .076 0 0 .076 .153 JETS 0 .076 .076 .076 0 .076 REGBANKS 0 .026 .026 0 0 .026 SOLAR 0 0 0 0 0 0 |
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10/2/23 Monday 6:18 AM -50
See https://dowfutures.org/
9/29/2023
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Nightly Comments
Professionals again quickly sold into Friday's very limited follow-through rally from Thursday's advance. The Peerless Buy 'b' looks like it is one of those that will not be able to hold the DJI up above its lower band support. Traders may not now be able to hold up the many key stocks that are struggling to stay above key support levels. Watch to see if the key supports below hold up. Key Support 9/29/2023 ------------- ----------- ADBE 500 509.9 AMAT 133 138.45 AMZN 124 127.12 ANET 177 183.93 AXP 149 149.19 CAT 268 273 FTNT 57.00 58.68 LEN 110 112.23 LRCX 600 626.77 MRK 102 102.95 MS 80 81.67 NVDA 400 434.99 PANW 226 234.99 QQQ 350 358.27 SNOW 142 152.77 V 227 230.1 WFC 40 40.86 The new software calculates a Tiger S7 by considering 5 factors and giving a -1 to each when: A) The Closing Power is below its 21-dma. The opposite for each of these is a +1 B) The Rel Strength Quotient is below its 21-dma C) the stock is below its 65-dma D) the IP21 is negative E) the 21-day AROC is negative . A score of -3 brings a Sell S7 and a score of -5 brings/ It is clearly bearish that DIA, SPY, QQQ and the NASDAQ are all on -5s now. Stay hedged with shorts. Remember that until the FED actually starts to lower rates, history warns us a bear market can continue. |
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9/29/2023 Click Refresh if they do not open at first 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper) |
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Table 2 TIGER QUICKSILVER on ETFS - 9/29/2023 --- Bullish = 1 UUP Bearish = 11 MDY, IWM, FAS, SOXL,TECL,IBB, RETL, GLD, TAN, WEAT,YINN Professionals are only net buyers of the Dollar. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 334.95 -1.67 339.98 -68.6% Bearish RED -.227 0 ------ --------------------------------------------------------------------------------------------- COMPQX 13219.32 18.04 13271.32 2.9% Bearish RED -.143 -.01 -.153 --------------------------------------------------------------------------------------------- SPY 427.48 -1.04 432.23 -34.3% Bearish RED -.189 -.005 -.194 --------------------------------------------------------------------------------------------- QQQ 358.27 .26 359.61 5% Bearish RED -.141 .001 -.14 --------------------------------------------------------------------------------------------- MDY 456.64 -1.85 458.2 15.4% Bearish RED -.354 -.028 -.382 --------------------------------------------------------------------------------------------- IWM 176.74 -.84 177.46 2% Bearish RED -.405 -.044 -.449 --------------------------------------------------------------------------------------------- FAS 58.77 -1.54 61.98 -243.6% Bearish RED -.183 -.145 -.328 --------------------------------------------------------------------------------------------- RETL 5.81 .09 5.57 281.6% ------- RED -.24 -.222 -.462 --------------------------------------------------------------------------------------------- SOXL 18.87 .23 18.22 287.3% Bearish RED -.107 -.174 -.281 --------------------------------------------------------------------------------------------- TECL 43.09 .38 44.11 -64.3% Bearish RED -.163 -.177 -.34 --------------------------------------------------------------------------------------------- IBB 122.29 -.55 122.27 -11% Bearish RED -.268 -.012 -.28 --------------------------------------------------------------------------------------------- GLD 171.45 -1.78 177.7 -203.7% Bearish RED -.478 -.012 -.49 --------------------------------------------------------------------------------------------- DBO 17.65 -.26 17.69 -16.8% Bearish RED -.048 .221 .173 --------------------------------------------------------------------------------------------- OIH 345.04 -10.34 350.15 -2.7% Bearish RED -.3 .098 -.202 --------------------------------------------------------------------------------------------- CPER 23.02 .11 22.73 39.6% ------- RED -.031 .023 -.008 --------------------------------------------------------------------------------------------- TAN 51.79 -.06 52.57 -98.8% ------- RED -.257 -.225 -.482 --------------------------------------------------------------------------------------------- UUP 29.73 .02 29.64 33.7% Bullish BLUE .281 .116 .397 --------------------------------------------------------------------------------------------- CORN 22.02 -.47 22.21 13.5% ------- RED -.007 -.046 -.053 --------------------------------------------------------------------------------------------- WEAT 5.57 -.24 5.89 -196.8% Bearish RED -.208 -.166 -.374 --------------------------------------------------------------------------------------------- YINN 28.92 .8 29.71 -366.7% Bearish RED -.139 -.126 -.265 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 9/29/23 Bullish = 3 Bearish = 45 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 OILGAS .67 .711 .701 .639 .659 .608 EDU .666 .666 .666 .666 .666 .666 ---------------------------------------------------------------------------------------------- GUNS .5 .571 .5 .357 .428 .428 MARIJUAN .5 .5 .5 .5 .6 .6 ----------------------------------------------------------------------------------------------- INSURANC .48 .64 .64 .68 .72 .72 HACKERS .437 .437 .437 .375 .5 .5 SOFTWARE .321 .285 .267 .232 .285 .303 COMODITY .315 .394 .315 .368 .368 .368 DJI-13 .307 .384 .461 .461 .461 .461 FOOD .285 .346 .306 .346 .346 .346 INDMATER .277 .305 .277 .25 .277 .25 TRANSP .263 .263 .263 .21 .263 .263 RETAIL .26 .195 .152 .173 .217 .217 NASD-100 .257 .306 .207 .198 .287 .277 FIDSTKS .254 .301 .26 .266 .319 .301 LOWPRICE .252 .243 .24 .231 .234 .252 SP-100 .244 .288 .277 .266 .3 .288 INFRA .225 .258 .225 .161 .193 .225 RUS-1000 .224 .245 .216 .194 .251 .232 AUTO .222 .24 .166 .129 .185 .166 INDEXES .221 .232 .237 .237 .248 .221 ELECTRON .218 .18 .15 .12 .172 .203 NIFTY .204 .181 .136 .068 .113 .113 DOWJONES .2 .266 .233 .233 .233 .233 SP500 .197 .215 .195 .185 .24 .221 HIGHPRIC .194 .22 .19 .186 .251 .246 BIOTECH .19 .195 .177 .19 .18 .19 SEMI .184 .173 .119 .076 .119 .108 EAT .17 .17 .17 .17 .195 .195 GREEN .166 .166 .166 .166 .166 .166 CHEM .162 .162 .139 .116 .162 .116 MILITARY .153 .153 .192 .076 .153 .192 COMPUTER .15 .25 .25 .15 .2 .2 CHINA .146 .146 .146 .146 .17 .195 BIGBANKS .142 .142 .142 .142 .142 .142 COPPER .142 .285 .142 .142 .142 .428 FINANCE .137 .137 .112 .112 .162 .187 REIT .122 .147 .131 .114 .139 .139 ETFS .09 .09 .09 .09 .109 .109 GOLD .088 .088 .088 .088 .133 .155 HOSPITAL .076 0 0 .076 .153 .153 JETS .076 .076 .076 0 .076 .076 UTILITY .076 .051 .025 .076 .128 .128 BEVERAGE .071 .071 .071 .071 .071 .071 GAMING .052 .052 .052 .157 .105 .105 HOMEBLDG .035 .035 .035 .035 .035 .035 REGBANKS .026 .026 0 0 .026 .026 BONDFUND .011 .022 .022 .034 .022 .011 SOLAR 0 0 0 0 0 0 |
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9/29/23 Friday 5:57 AM +132 See https://dowfutures.org/ Nasdaq + 74
9/28/2023 Data Used
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Nightly Comments
Powell showed in December 2018 and March 2020 that he is quite capable of turning abuptly very bullish. Do some short-covering and buy HOV, NVDA, JPM and Visa. As long as the many support levels that have now been reached in half or more of the charts we show here hold up, then the DJI will likely go sidewise between its lower band and its 21-day ma, while many techs do better. The usually dour Fed Chairman gave a rare smile on Thursday. He also said the FOMC has not yet decided if there would be a rate hike in November. That he said would depend on the economic and inflation data. This was just the tonic traders needed to buy at the DJI's lower band. At the end of the day, there were more than 1000 up than down on the NYSE. A rally back to the recently ruptured DJI-neckline a 34200 is shaping up. More than that will take a big surge in volume and a not-too positive Jobs Report next week. Usually, more reliable bottoms are made in October and after more than merely two Buy 'b's from Peerless. But traders will be jumping into volatile semi-conductors now like NVDA and the biggest big bank JPM. I also show high IP21 HOV, as well as JPM and Visa as the stocks now looking most attractive. See http://tigersoft.com/INFOCUS/09-28-2023/INDEX.htm There you will see subtle Relative Strength "NCs" on SPY, COMPQX, QQQ and tech stocks of their recent price lows. The DJI is the laggard among the key ETFs. Will this be enough to turn the whole market around? I doubt it. See how weak Utilities were today. They clearly did not like the Powell remark that it may be quite a while before the Fed's anti-inflation "work" is completed. Bond also refused to turn up. And stock stalwarts Boeing fell further as oil prices remained strong. Interestingly, AMZN could not rally with the market. Perhaps, the Justice Department's anti-trust case will prevent it from rallying even in a good market. But NVDA, SOXL and semi-conductors like LRCX should lead the rebound. The short sales in weak retail and solar energy stocks should be covered if their Closing Powers break their steep downtrends. Watch RETL and TAN for guilance here On our InFocus page, study SRTY, which could go either way. See also how internally vulnerable the highest priced stock in the DJI-30, UNH is. That could pose a problem for the DJI's rally . |
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9/28/2023 Click Refresh if they do not open at first 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper) |
Table 1 -Daily Breadth and Volume Statistics
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Table 2 TIGER QUICKSILVER on ETFS - 9/28/2023 --- Bullish = 1 UUP Bearish = 10 MDY, IWM, FAS, SOXL,TECL, RETL, GLD, TAN, WEAT,YINN Professionals are only net buyers of the Dollar. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 336.62 1.19 339.58 -58.5% Bearish BLUE -.204 0 ====== --------------------------------------------------------------------------------------------- COMPQX 13201.28 108.43 13211.81 -8.6% Bearish BLUE -.094 -.04 -.134 --------------------------------------------------------------------------------------------- SPY 428.52 2.47 430.42 -33.4% Bearish BLUE -.139 -.018 -.157 --------------------------------------------------------------------------------------------- QQQ 358.01 2.97 357.91 2.1% Bearish BLUE -.077 -.032 -.109 --------------------------------------------------------------------------------------------- MDY 458.49 4.81 455.24 29.8% Bearish BLUE -.282 -.039 -.321 --------------------------------------------------------------------------------------------- IWM 177.58 1.59 176.67 14.5% Bearish BLUE -.361 -.058 -.419 --------------------------------------------------------------------------------------------- FAS 60.31 1.12 61.72 -231.6% Bearish BLUE -.145 -.117 -.262 --------------------------------------------------------------------------------------------- RETL 5.72 .3 5.5 127.8% Bearish BLUE -.178 -.268 -.446 --------------------------------------------------------------------------------------------- SOXL 18.64 .96 17.84 345% Bearish BLUE -.046 -.277 -.323 --------------------------------------------------------------------------------------------- TECL 42.71 .85 43.64 -80.3% Bearish BLUE -.076 -.24 -.316 --------------------------------------------------------------------------------------------- IBB 122.84 -.27 122.56 -8.6% Bearish BLUE -.222 -.018 -.24 --------------------------------------------------------------------------------------------- GLD 173.23 -.87 178.62 -136.2% Bearish RED -.467 -.017 -.484 --------------------------------------------------------------------------------------------- DBO 17.91 -.26 17.71 56.1% ------- RED .009 .233 .242 --------------------------------------------------------------------------------------------- OIH 355.38 -2.09 345.23 179% Bearish RED -.251 .114 -.137 --------------------------------------------------------------------------------------------- CPER 22.91 .41 22.84 17.6% Bearish BLUE .019 .013 .032 --------------------------------------------------------------------------------------------- TAN 51.85 .17 52.82 -165.8% ------- RED -.236 -.25 -.486 --------------------------------------------------------------------------------------------- UUP 29.71 -.16 29.53 42.2% Bullish ---- .344 .112 .456 --------------------------------------------------------------------------------------------- CORN 22.49 .15 21.96 131.2% ------- BLUE .029 -.045 -.016 --------------------------------------------------------------------------------------------- WEAT 5.81 -.02 5.8 51.4% ------- ---- -.118 -.143 -.261 --------------------------------------------------------------------------------------------- YINN 28.12 -.48 31.06 -15.4% Bearish BLUE -.092 -.168 -.26 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 9/28/23 Bullish = 5 Bearish = 44 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 OILGAS .711 .701 .639 .659 .618 .628 EDU .666 .666 .666 .666 .666 .666 INSURANC .64 .64 .68 .72 .72 .72 GUNS .571 .5 .357 .428 .428 .357 ============================================================================================== MARIJUAN .5 .5 .5 .6 .6 .6 ============================================================================================== HACKERS .437 .437 .375 .5 .5 .437 COMODITY .394 .342 .342 .368 .394 .394 DJI-13 .384 .461 .461 .461 .461 .461 FOOD .346 .326 .326 .346 .367 .367 NASD-100 .306 .207 .198 .287 .277 .257 Big Jump ===== INDMATER .305 .277 .25 .277 .263 .263 SOFTWARE .303 .285 .232 .285 .267 .303 FIDSTKS .301 .26 .266 .319 .295 .325 SP-100 .288 .277 .266 .3 .288 .311 COPPER .285 .142 .142 .142 .428 .285 Big Jump DOWJONES .266 .233 .233 .233 .233 .233 ===== TRANSP .263 .263 .21 .263 .263 .263 INFRA .258 .225 .161 .193 .225 .225 COMPUTER .25 .25 .15 .2 .2 .2 RUS-1000 .246 .216 .193 .251 .236 .242 LOWPRICE .243 .243 .234 .234 .252 .243 AUTO .24 .185 .129 .185 .166 .166 INDEXES .232 .237 .237 .248 .227 .237 HIGHPRIC .22 .19 .186 .251 .246 .251 SP500 .215 .195 .185 .238 .224 .232 ===== RETAIL .195 .152 .173 .217 .239 .282 BIOTECH .192 .177 .192 .18 .192 .205 NIFTY .181 .136 .068 .113 .113 .113 ELECTRON .18 .15 .12 .172 .203 .18 SEMI .173 .119 .076 .119 .119 .097 EAT .17 .17 .17 .195 .195 .146 GREEN .166 .166 .166 .166 .166 .166 CHEM .162 .139 .116 .162 .116 .162 MILITARY .153 .192 .076 .153 .192 .23 REIT .147 .114 .114 .147 .139 .163 CHINA .146 .146 .146 .17 .195 .146 BIGBANKS .142 .142 .142 .142 .142 .142 FINANCE .137 .112 .112 .15 .2 .187 ETFS .09 .09 .09 .109 .127 .072 GOLD .088 .088 .088 .133 .155 .155 JETS .076 .076 0 .076 .076 .076 BEVERAGE .071 .071 .071 .071 .071 .071 GAMING .052 .052 .105 .157 .105 .105 UTILITY .051 .025 .076 .128 .128 .179 HOMEBLDG .035 .035 .035 .035 .035 .035 REGBANKS .026 0 0 .026 .026 0 BONDFUND .022 .011 .034 .034 .022 .011 HOSPITAL 0 0 .076 .153 .153 .23 SOLAR 0 0 0 0 0 0 |
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9/28/23 Thursday 5:20 AM +48 See https://dowfutures.org/
Nasdaq -14
9/27/23 Data Used
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Nightly Market Comments Traders should wait, at least, to see the steep Closing Powers of what they are buying come to an end, before buying even short-term. The DJI today tagged its lower 3.5% band. Every time it has done this in the past 12 months, we were at a very good buy point. Seeing this, there was some short-covering after mid-day and there were more advancers than decliners on the NYSE and NASDAQ today. But Professionals showed limited enthusiasm. Except for the very strongest past leaders like NVDA and JPM, the advancers were small, other than for coal miners which presumably are pleased that clean air and water regulations will not be enforced if there is a government shut down or the EPA funding is cut in any new budget. Peerless has not given a new Buy signal. The problem is the completed head shoulders pattern in the DJI and the Sell S10 signals. (A second one appeared today.) The broken neckline should act as resistance and a downside price target for the DJI near 31500 can be calculated. The most bearish stocks are again Bond Funds, retailers other than AMZN, COST and WMT and solar power stocks (TAN ). There is very likely much more downside in the MINCP stocks than in any potential bounce in the tech indexes, which are still trying to find safe support while their Closing Powers keep falling. Charts in focus today http://tigersoft.com/INFOCUS/09-27-2023/INDEX.htm Watch the FED! I would argue that the FED is the cause of the decline. It chooses to continue to raise rates, just as it has many times in the past despite all the economic hardhip this causes. Is that too harsh a criticism? I have done the research, don't forget. I'm still sitting on an unpubished history of the FED going back to its establishment. It is waiting on my finishing the Windows10 TigerSoft software, the first release of which is about a week away. |
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9/27/2023 Click Refresh if they do not open at first 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper) |
Table 1 - Daily Breadth and Volume
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Table 2 TIGER QUICKSILVER on ETFS - 9/27/2023 --- Bullish = 2 DBO, UUP Bearish = 8 MDY, IWM, SOXL,TECL, RETL, GLD, TAN, WEAT Professionals are only net buyers of the Dollar. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 335.43 -.61 340.58 -130.7% Bearish RED -.18 0 ------- --------------------------------------------------------------------------------------------- COMPQX 13092.85 29.24 13223.99 -142% Bearish RED -.07 -.047 -.117 --------------------------------------------------------------------------------------------- SPY 426.05 .17 431.39 -145.8% Bearish RED -.112 -.021 -.133 --------------------------------------------------------------------------------------------- QQQ 355.04 .83 357.86 -132.4% Bearish RED -.043 -.039 -.082 --------------------------------------------------------------------------------------------- MDY 453.68 2.79 455.78 -114.9% Bearish BLUE -.274 -.045 -.319 --------------------------------------------------------------------------------------------- IWM 175.99 1.63 177.07 -109.3% Bearish BLUE -.341 -.061 -.402 --------------------------------------------------------------------------------------------- FAS 59.19 -.31 63.14 -578.7% Bearish RED -.1 -.122 -.222 --------------------------------------------------------------------------------------------- RETL 5.42 .11 5.58 -333.3% Bearish ---- -.182 -.267 -.449 --------------------------------------------------------------------------------------------- SOXL 17.68 .44 17.42 -224.2% Bearish ---- -.034 -.334 -.368 --------------------------------------------------------------------------------------------- TECL 41.86 .18 43.4 -419.1% Bearish RED -.053 -.259 -.312 --------------------------------------------------------------------------------------------- IBB 123.11 .57 123.05 -61.8% Bearish BLUE -.217 -.01 -.227 --------------------------------------------------------------------------------------------- GLD 174.1 -2.18 178.05 -147.5% Bearish RED -.415 -.011 -.426 --------------------------------------------------------------------------------------------- DBO 18.17 .37 17.71 146.8% ------- BLUE .095 .249 .344 --------------------------------------------------------------------------------------------- OIH 357.47 10.55 342.9 124.7% Bearish BLUE -.214 .119 -.095 --------------------------------------------------------------------------------------------- CPER 22.5 -.04 22.83 -118.4% Bearish ---- .023 -.008 .015 --------------------------------------------------------------------------------------------- TAN 51.68 -.06 53.59 -269.5% ------- RED -.199 -.251 -.45 --------------------------------------------------------------------------------------------- UUP 29.87 .14 29.46 72.7% Bullish BLUE .273 .122 .395 --------------------------------------------------------------------------------------------- CORN 22.34 .22 21.91 31.7% ------- BLUE -.035 -.022 -.057 --------------------------------------------------------------------------------------------- WEAT 5.83 -.06 5.75 -34.2% Bearish RED -.19 -.083 -.273 --------------------------------------------------------------------------------------------- YINN 28.6 .18 28.21 -267.7% ------- RED -.083 -.14 -.223 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 9/27/23 Bullish = 3 Bearish = 45 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 OILGAS .701 .639 .659 .618 .639 .69 EDU .666 .666 .666 .666 .666 .666 INSURANC .64 .68 .72 .72 .72 .76 ============================================================================================ GUNS .5 .357 .428 .428 .357 .357 MARIJUAN .5 .5 .6 .6 .6 .7 ============================================================================================ DJI-13 .461 .461 .461 .461 .461 .538 HACKERS .437 .375 .5 .5 .5 .437 COMODITY .342 .368 .342 .394 .394 .578 FOOD .326 .346 .326 .367 .367 .489 SOFTWARE .303 .25 .285 .267 .285 .357 INDMATER .277 .25 .277 .263 .277 .305 SP-100 .277 .266 .3 .288 .311 .411 TRANSP .263 .21 .263 .263 .263 .21 FIDSTKS .26 .266 .319 .295 .325 .443 COMPUTER .25 .15 .2 .2 .2 .3 LOWPRICE .243 .237 .237 .252 .249 .249 INDEXES .237 .237 .248 .227 .237 .297 DOWJONES .233 .233 .233 .233 .233 .4 ===== INFRA .225 .161 .193 .225 .193 .258 RUS-1000 .217 .193 .25 .236 .244 .326 NASD-100 .207 .198 .287 .277 .257 .415 ====== SP500 .195 .185 .238 .221 .234 .331 ====== MILITARY .192 .076 .153 .192 .23 .23 HIGHPRIC .19 .186 .251 .246 .255 .329 AUTO .185 .148 .185 .166 .166 .24 BIOTECH .175 .192 .182 .192 .205 .223 EAT .17 .17 .195 .195 .195 .243 GREEN .166 .166 .166 .166 .166 .222 ELECTRON .15 .12 .172 .203 .172 .18 CHINA .146 .146 .17 .195 .146 .17 BIGBANKS .142 .142 .142 .142 .142 .428 COPPER .142 .142 .142 .428 .285 .428 CHEM .139 .116 .162 .116 .162 .255 NIFTY .136 .068 .113 .113 .113 .272 RETAIL .119 .142 .19 .214 .261 .309 SEMI .119 .076 .119 .119 .097 .119 REIT .114 .098 .147 .147 .163 .303 FINANCE .112 .112 .15 .187 .187 .337 ETFS .09 .09 .109 .127 .09 .218 GOLD .088 .088 .133 .155 .155 .355 JETS .076 0 .076 .076 .076 0 BEVERAGE .071 .071 .071 .071 .071 .214 GAMING .052 .105 .105 .157 .105 .105 HOMEBLDG .035 .035 .035 .035 .035 .071 UTILITY .025 .076 .128 .128 .179 .282 BONDFUND .011 .022 .034 .034 .022 .034 HOSPITAL 0 .076 .153 .153 .23 .23 REGBANKS 0 0 .026 .026 0 .052 SOLAR 0 0 0 0 0 0 |
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9/27/23 Tuesday 5:24 AM +110 See https://dowfutures.org/
Nasdaq +54
9/26/2023 Data used today
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See the key charts today at http://www.tigersoft.com/INFOCUS/09-26-2023/INDEX.htm Nightly Market Comments Once again, the DJI looks like it wants to rally from an oversold condition. Unfortunately, there is a lot of overhead resistance. 80 % of all stocks are below the resistance of their 65-dma. Nor can we view the breadth and volume statistics shown in Table 1 as evidence yet of a climactic sell-off. The high interest rates' selling has now broken the DJI decisively below its neckline support in what I would judge to be a classic head and shoulders top. Peerless has given the breakdown a formal Sell S10. The red Distrubtion seen in our IP21-Accumulation shows that "Big Money" wants out badly. So, do Professionals when viewed as a class of traders. That is why the Closing Power for DIA or DJI-30 are falling steadily. The risk of buying at the opening remains high, namely that the close will be much weaker, thus further disheartening the over-eager bulls. Look at how the NASDAQ and S&P have also now broken below their key neckline supports. The height they show from their neckline to their peaks in the top patterns can be considered the number of points down they should fall from the broken neckline, at a minimum, now that their 65-dma have been decisively broken. There is a lot more downside risk than upside potential. Keep score of the key stocks that breakdown each day and those that are still holding above mostly flat supports. Today AAPL and AMZN (which is now under fire from the Justice Department for on-line anti-trust tactics) broke key support. At key support now are QQQ and NVDA . Watch SOXL. It must turn up from here or sell-off badly. If you are a day-trader or very short-term trader, watch these last three trading vehicles. Bank stocks like JPM, BAC and WFC also are at important support levels. It is my opinion that the FED will only know it has has gone too far in raising rates when JPM sells off badly. Meanwhile, the stocks we have shorted should just keep going lower. See among the bearish stocks many retail stocks and solar energy stocks. News The tigersoft.com server is very slow. And its refreshing is erratic. I think it will help to post as a separate page the key charts each night separately - those that are "in focus". We do this as a separate page for the most bullish and bearish stocks each night. The VBNet programs' candle stick charts will take another weekend or two to finish. Several new features. The buttons used for placing different indicators on the screen can be blanked out and replaced with pertinent information about the chart being viewed. The Help routines are linked to on-line materials right from the program. The user can place all sorts of personal comments on the screen where ever desired. And the charts can now be saved in a format where they can easily be edited using Windows10. They will have a way to chart a group of stocks in sequence. There are some new indicators, the Power Index and the 65-day MOMentum. There will be a veriety of signals, of course, that can be shown. |
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9/26/2023 Click Refresh if they do not open at first 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO
Commodities: CANE CORN DBC CORN, CUT (paper) |
Table 1 Daily Breadth and Volume Statistics
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Table 2 TIGER QUICKSILVER on ETFS - 9/26/2023 --- Bullish = 2 DBO, UUP Bearish = 8 MDY, IWM, SOXL,TECL, RETL, IBB, GLD, TAN Professionals are only net buyers of the Dollar. ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 336.04 -3.94 344.32 -132.1% Bearish RED -.196 0 ===== --------------------------------------------------------------------------------------------- COMPQX 13063.61 -207.71 13469.13 -229.8% Bearish RED -.068 -.055 -.123 --------------------------------------------------------------------------------------------- SPY 425.88 -6.35 438.64 -193.4% Bearish RED -.118 -.027 -.145 --------------------------------------------------------------------------------------------- QQQ 354.21 -5.4 364.54 -216.3% Bearish RED -.043 -.046 -.089 --------------------------------------------------------------------------------------------- MDY 450.89 -7.31 464.18 -173.1% Bearish RED -.307 -.054 -.361 --------------------------------------------------------------------------------------------- IWM 174.36 -3.1 179.86 -205% Bearish RED -.374 -.071 -.445 --------------------------------------------------------------------------------------------- FAS 59.5 -2.48 66.43 -650.8% Bearish RED -.126 -.1 -.226 --------------------------------------------------------------------------------------------- RETL 5.31 -.26 5.79 -520.5% Bearish RED -.192 -.271 -.463 --------------------------------------------------------------------------------------------- SOXL 17.24 -.98 18.48 -599.1% Bearish RED -.028 -.357 -.385 --------------------------------------------------------------------------------------------- TECL 41.68 -2.43 45.52 -684.9% Bearish RED -.04 -.251 -.291 --------------------------------------------------------------------------------------------- IBB 122.54 .27 124.63 -128.2% Bearish BLUE -.242 -.023 -.265 --------------------------------------------------------------------------------------------- GLD 176.28 -1.42 179.35 -82.3% Bearish RED -.388 -.001 -.389 --------------------------------------------------------------------------------------------- DBO 17.8 .11 17.65 -42.3% ------- BLUE .069 .235 .304 --------------------------------------------------------------------------------------------- OIH 346.92 -3.23 348.82 -62.3% Bearish BLUE -.235 .101 -.134 --------------------------------------------------------------------------------------------- CPER 22.54 -.19 23.04 -128.7% Bearish RED .036 -.021 .015 --------------------------------------------------------------------------------------------- TAN 51.74 -.83 54.54 -266.7% ------- ---- -.178 -.268 -.446 --------------------------------------------------------------------------------------------- UUP 29.73 .09 29.44 57.6% Bullish BLUE .235 .106 .341 --------------------------------------------------------------------------------------------- CORN 22.12 -.09 22.2 34% ------- RED .006 -.001 .005 --------------------------------------------------------------------------------------------- WEAT 5.89 0 5.87 51.5% ------- ---- -.13 -.065 -.195 --------------------------------------------------------------------------------------------- YINN 28.42 -1.29 30.18 -390.2% ------- RED -.068 -.212 -.28 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 9/26/23 Bullish = 4 Bearish = 45 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 INSURANC .68 .72 .72 .72 .76 .76 EDU .666 .666 .666 .666 .666 .666 OILGAS .639 .659 .618 .639 .69 .68 ============================================================================================= MARIJUAN .5 .6 .6 .6 .7 .7 ============================================================================================= DJI-13 .461 .461 .461 .461 .538 .384 HACKERS .375 .5 .5 .5 .437 .437 COMODITY .368 .368 .368 .394 .578 .605 GUNS .357 .428 .428 .357 .428 .357 FOOD .346 .346 .346 .367 .489 .51 SOFTWARE .267 .303 .267 .285 .339 .375 FIDSTKS .266 .319 .295 .325 .443 .431 SP-100 .266 .3 .288 .311 .411 .422 INDMATER .25 .277 .263 .277 .319 .347 INDEXES .237 .248 .227 .237 .291 .286 LOWPRICE .237 .24 .255 .249 .249 .266 DOWJONES .233 .233 .233 .233 .4 .333 ===== TRANSP .21 .263 .263 .263 .21 .263 NASD-100 .198 .287 .277 .257 .415 .435 ===== RUS-1000 .194 .25 .234 .244 .33 .35 BIOTECH .19 .182 .195 .205 .223 .236 HIGHPRIC .186 .251 .246 .255 .329 .359 SP500 .185 .238 .221 .232 .334 .352 ====== RETAIL .173 .217 .239 .282 .347 .326 EAT .17 .195 .195 .195 .243 .195 GREEN .166 .166 .166 .166 .222 .222 INFRA .161 .193 .225 .193 .258 .258 COMPUTER .15 .2 .2 .2 .3 .3 AUTO .148 .203 .166 .166 .24 .203 CHINA .146 .17 .195 .146 .17 .121 BIGBANKS .142 .142 .142 .142 .428 .571 COPPER .142 .142 .428 .285 .428 .571 ELECTRON .12 .172 .203 .172 .172 .218 CHEM .116 .162 .116 .162 .255 .302 FINANCE .112 .15 .187 .175 .337 .35 GAMING .105 .105 .105 .157 .105 .105 REIT .098 .131 .147 .172 .319 .368 ETFS .09 .109 .127 .09 .236 .218 GOLD .088 .133 .155 .155 .355 .311 HOSPITAL .076 .153 .153 .23 .23 .23 MILITARY .076 .153 .192 .23 .23 .23 SEMI .076 .119 .119 .097 .119 .152 UTILITY .076 .128 .128 .179 .282 .282 BEVERAGE .071 .071 .071 .071 .214 .214 NIFTY .068 .113 .113 .113 .272 .318 HOMEBLDG .035 .035 .035 .035 .071 .071 BONDFUND .022 .022 .034 .034 .045 .045 JETS 0 .076 .076 .076 0 .076 REGBANKS 0 .026 .026 0 .052 .105 SOLAR 0 0 0 0 0 0 |
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9/25/23
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Nightly Comments The thing to remember about charging bears is that pepper spray will not stop them. It takes many, many shots from a powerful gun. The thing to remember about the stock market is that most stocks run in fear and get devoured by the bear or bearish traders or tigers. But a few brave stocks stand and fight. On the SP-500, these represent the biggest and mightiest. A mere 7 stocks comprise 27+% of the SP-500 in terms of weight. I show them tonight. If they start to run in fear, hope is lost, we might say. So, AAPL, AMZN, BRKA, GOOG, MSFT, NVDA, META (FB) | are trying to fight off the bear. And they are each at some form of support, in the same way the indexes are, particularly the DJI at its 200-say ma. See http://www.tigersoft.com/INFOCUS/09-25-2023/INDEX.htm The FED is not helping matters. See today how the 10-year and 20-year rates jumped to another new high. I have showed that things are apt to get worst, before the FED changes its approach. And the proof is how many bearish MINCPs fell again today as a weak, low volume rally was attempted. Stay short these and avoid the long side is my counsel. A Different Server We have been forced by GoDaddy to go back to an older server, the one at www.tigersoft.com It is slower, case sensitive and does not alway refresh properly. So, "bear" with us. |
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9/25/2023 Click Refresh if they do not open at first 2022 PEERLESS DJI, Signals, Indicators Daily DJI Volume 10-DayUp/Down Vol Stoch-20 CCI RSI Pct of All Stocks above 65-dma Inverted Traders Index DJI IPA DJI-OBV NASDAQ S&P OEX NYSE DJ-15 DJ-20 DJI-30 Old Peerless- 2006 version Tiger Index of Big Banks Bond Funds Gold Stocks Housing Stocks Insurance-Stocks Regional Banks Russell-1000 Semi Conductors ETFs: DIA QQQ SPY IWM MDY TNA Short-Term Rates Ten Year Rates PST (Short Treasuries) DOLLAR-UUP ALLSTOCKs COIN (Bit Coin ETF) USO-CrudeOil DBO BLDP FAS GLD HD IBB JETS JNUG KOL NAIL NUGT NRGU OIH PALL RETL SDS AGQ SLV SOXL TAN TECL TLT TMF TNA UGA USO China: YINN BABA BIDU
Commodities: CANE CORN DBC CORN, CUT (paper)
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Please use Links to Charts today |
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Table 2 TIGER QUICKSILVER on ETFS - 9/25/2023 --- Bullish = 2 DBO, UUP Bearish = 7 MDY, IWM, SOXL,TECL, RETL, GLD, TAN ETF CLOSE CHANGE PIVOT-PT 5-dma AROC CL-PWR CANDLE IP21 ITRS POWER INDEX =============================================================================================== DIA 339.98 .4 345.07 -89.9% Bearish BLUE -.108 0 ----- --------------------------------------------------------------------------------------------- COMPQX 13271.32 59.51 13678.19 -163.1% Bearish BLUE -.013 -.045 -.058 --------------------------------------------------------------------------------------------- SPY 432.23 1.81 442.71 -130.3% Bearish BLUE -.041 -.023 -.064 --------------------------------------------------------------------------------------------- QQQ 359.61 1.7 369.87 -151.7% ------- BLUE .025 -.036 -.011 --------------------------------------------------------------------------------------------- MDY 458.2 2.96 466.82 -103.5% Bearish BLUE -.221 -.046 -.267 --------------------------------------------------------------------------------------------- IWM 177.46 .79 181.68 -137.3% Bearish BLUE -.293 -.058 -.351 --------------------------------------------------------------------------------------------- FAS 61.98 .26 67.86 -490.7% Bearish BLUE -.062 -.051 -.113 --------------------------------------------------------------------------------------------- RETL 5.57 .07 5.9 -339.4% Bearish BLUE -.139 -.237 -.376 --------------------------------------------------------------------------------------------- SOXL 18.22 .38 19.43 -459.2% ------- BLUE .026 -.29 -.264 --------------------------------------------------------------------------------------------- TECL 44.11 .47 47.83 -411.8% ------- BLUE .032 -.193 -.161 --------------------------------------------------------------------------------------------- IBB 122.27 -.29 125.71 -119.9% Bearish BLUE -.202 -.032 -.234 --------------------------------------------------------------------------------------------- GLD 177.7 -.92 179.22 -47.2% Bearish RED -.336 -.006 -.342 --------------------------------------------------------------------------------------------- DBO 17.69 -.02 17.95 -73.1% ------- ---- .095 .201 .296 --------------------------------------------------------------------------------------------- OIH 350.15 4.92 351.25 -122.2% Bearish BLUE -.22 .107 -.113 --------------------------------------------------------------------------------------------- CPER 22.73 -.11 23.13 -130.2% Bearish ---- .033 -.046 -.013 --------------------------------------------------------------------------------------------- TAN 52.57 -.25 54.6 -154.7% Bearish BLUE -.127 -.242 -.369 --------------------------------------------------------------------------------------------- UUP 29.64 .11 29.39 45.9% Bullish ---- .201 .088 .289 --------------------------------------------------------------------------------------------- CORN 22.21 .25 21.97 88.7% ------- BLUE -.058 -.026 -.084 --------------------------------------------------------------------------------------------- WEAT 5.89 .09 5.83 34.4% Bearish BLUE -.154 -.087 -.241 --------------------------------------------------------------------------------------------- YINN 29.71 -1.35 30.76 -234.6% ------- BLUE -.013 -.203 -.216 |
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Table 3 RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA 9/25/23 Bullish = 5 BeaRIH = 44 --------------------------------------------------------------------------------------- Directory Current day-1 day-2 day-3 day-4 day-5 ---------------------------------------------------------------------------------------- COAL 1 1 1 1 1 1 INSURANC .72 .72 .72 .76 .76 .8 EDU .666 .666 .666 .666 .666 .666 OILGAS .659 .618 .639 .69 .69 .721 MARIJUAN .6 .6 .6 .7 .7 .8 =================================================================================================== HACKERS .5 .5 .5 .437 .437 .5 =================================================================================================== DJI-13 .461 .461 .461 .538 .384 .384 GUNS .428 .428 .357 .428 .357 .428 COMODITY .368 .394 .368 .578 .578 .552 FOOD .346 .367 .346 .489 .489 .489 SOFTWARE .321 .285 .285 .339 .375 .428 FIDSTKS .319 .295 .325 .443 .431 .461 SP-100 .3 .288 .311 .411 .422 .444 NASD-100 .287 .277 .257 .415 .435 .445 ===== INDMATER .277 .263 .277 .319 .361 .333 TRANSP .263 .263 .263 .21 .263 .263 HIGHPRIC .251 .246 .255 .329 .354 .38 RUS-1000 .251 .234 .243 .33 .355 .37 INDEXES .248 .227 .237 .291 .286 .286 LOWPRICE .24 .258 .252 .249 .269 .281 SP500 .238 .221 .232 .331 .352 .372 DOWJONES .233 .233 .233 .4 .333 .366 ===== RETAIL .217 .239 .282 .347 .326 .326 AUTO .203 .185 .166 .24 .203 .222 COMPUTER .2 .2 .2 .3 .3 .3 EAT .195 .195 .195 .243 .195 .268 INFRA .193 .225 .193 .258 .258 .225 BIOTECH .18 .195 .208 .223 .238 .248 ELECTRON .172 .203 .172 .172 .21 .195 CHINA .17 .195 .146 .17 .121 .121 GREEN .166 .166 .166 .222 .222 .222 CHEM .162 .116 .162 .255 .302 .325 HOSPITAL .153 .153 .23 .23 .23 .153 MILITARY .153 .192 .23 .23 .23 .269 FINANCE .15 .187 .175 .325 .362 .4 BIGBANKS .142 .142 .142 .428 .571 .714 COPPER .142 .428 .285 .428 .571 .571 GOLD .133 .155 .155 .355 .311 .4 REIT .131 .131 .172 .327 .368 .368 UTILITY .128 .128 .179 .282 .282 .358 SEMI .119 .119 .097 .119 .152 .13 NIFTY .113 .113 .113 .272 .318 .318 ETFS .109 .127 .09 .236 .236 .236 GAMING .105 .105 .105 .157 .105 .157 JETS .076 .076 .076 0 .076 .076 BEVERAGE .071 .071 .071 .214 .214 .214 HOMEBLDG .035 .035 .035 .071 .071 .107 REGBANKS .026 .026 0 .052 .105 .105 BONDFUND .022 .022 .034 .057 .057 .034 SOLAR 0 0 0 0 0 0 |
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9/25/23 Monday
3:40 PM +2 See https://dowfutures.org/
NASDAQ Futures + 4
Data through 9/22/2023
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Nightly Hotline Careful. There are no signs that Rates will soon be coming down.
Only 28% of all the stocks and ETFs that we follow are still
As of now, I don't see any signs that Powell and the |
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How long can GOOG, AMZN, BRKB (and UNH) Top 6 Holdings in the S&P 500 comprise 25+% of its value.
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