- No major changes today. Just staying on the right side of the market until we get new signals.
- All but a few stocks have gone into bearish mode days if not weeks ago. This means we are not suffering the current downturn and chances are good that we will be buying our stocks back at lower prices by the time there are Buy signals again.
- This is how reversal levels work to gain an edge in the market.
Stop the cursor or tap on the weekly trend ("Tr") column to see the weekly reversal level.
| Name | Close | Tr | Mode | RevL (D) | MoM (D) | Days | P/L % | Str. # | Action | |
|---|---|---|---|---|---|---|---|---|---|---|
| S&P 500 | ^SPX | 2088.66 | 34 | 2138.77 | -4.37 ▼ | 17 | 2.29% | 7 | ||
| Nikkei | ^N225 | 17134.68 | 11 | 17050.00 | 6.30 ▼ | 19 | 1.31% | 2 | ||
| FTSE 100 | ^FTSE | 6790.51 | 17 | 6995.36 | -3.07 ▼ | 6 | 2.41% | 7 | ||
| DAX | ^DAX | 10325.88 | 14 | 10646.30 | -1.69 ▼ | 2 | 1.13% | 3 | ||
| Volatility (VIX) | ^VIX | 22.08 | 5 | 15.49 | 8.18 ▲ | 5 | 40.91% | 13 | ||
| 20+ Y Tr. Bond ETF | TLT | 130.57 | 3 | 133.10 | -4.65 ▲ | 22 | 3.30% | 12 | ||
| Gold (spot) | $XAUUSD | 1302.13 | 3 | 1268.74 | 4.05 ▲ | 3 | 2.01% | 9 | ||
| $EURUSD | $EURUSD | 1.1106 | 2 | 1.0973 | 1.55 ▲ | 2 | 0.45% | 9 | ||
| Oil (CL) | @CL | 44.72 | 32 | 49.39 | -6.09 ▼ | 4 | 7.45% | 3 | ||
| Wheat (ZW) | @ZW | 411.50 | 18 | 407.09 | 0.61 ▲ | 5 | -1.02% | 13 | ||
 | ||||||||||
| Name | Close | Tr | Mode | RevL (D) | MoM (D) | Days | P/L % | Str. # | Action | |
|---|---|---|---|---|---|---|---|---|---|---|
| American Airlines Group | AAL | 39.38 | 15 | 38.59 | 1.90 ▼ | 24 | 8.01% | 2 | ||
| Apple Inc. | AAPL | 109.83 | 13 | 115.11 | -5.79 ▼ | 4 | 3.36% | 7 | ||
| Ambarella, Inc. | AMBA | 56.27 | 20 | 63.55 | -4.68 ▼ | 17 | 12.43% | 7 | ||
| Amazon.com Inc. | AMZN | 767.03 | 30 | 817.56 | -8.13 ▼ | 4 | 1.79% | 7 | ||
| Alibaba Group Holding | BABA | 97.75 | 32 | 104.02 | -3.88 ▼ | 16 | 4.22% | 7 | ||
| Bank of America | BAC | 16.48 | 13 | 16.17 | 2.58 ▼ | 24 | 5.71% | 2 | ||
| Biogen Inc. | BIIB | 273.49 | 0 | 294.84 | -5.56 ▼ | 18 | 10.08% | 11 | ||
| Chesapeake Energy | CHK | 5.40 | 14 | 6.22 | -5.57 ▼ | 7 | 8.16% | 7 | ||
| 3D Systems Corp. | DDD | 13.48 | 2 | 15.42 | -5.88 ▲ | 17 | 18.99% | 12 | ||
| eBay Inc. | EBAY | 28.06 | 0 | 30.08 | -8.27 ▲ | 10 | 3.44% | 12 | ||
| Exact Sciences | EXAS | 15.55 | 19 | 17.83 | -7.65 ▼ | 6 | 8.58% | 7 | ||
| Facebook, Inc. | FB | 120.00 | 39 | 130.68 | -2.44 ▼ | 1 | 1.64% | 7 | ||
| FireEye, Inc. | FEYE | 11.01 | 63 | 12.72 | -6.39 ▼ | 20 | 20.51% | 27 | ||
| Gold Miners ETF | GDX | 25.30 | 3 | 24.04 | 1.75 ▲ | 2 | -1.52% | 9 | ||
| Gilead Sciences Inc. | GILD | 71.76 | 26 | 75.50 | -2.06 ▼ | 27 | 9.30% | 11 | ||
| Alphabet Inc. | GOOGL | 782.19 | 14 | 818.46 | -3.35 ▼ | 3 | 3.54% | 7 | ||
| GoPro, Inc. | GPRO | 11.94 | 6 | 14.54 | -5.87 ▼ | 17 | 20.13% | 7 | ||
| Herbalife Ltd. | HLF | 56.08 | 35 | 61.07 | -6.07 ▼ | 14 | 9.06% | 7 | ||
| Interactive Brokers Group | IBKR | 32.18 | 1 | 34.19 | -7.94 ▼ | 14 | 10.34% | 11 | ||
| InvenSense, Inc. | INVN | 7.28 | 11 | 7.19 | 1.50 ▲ | 4 | -8.66% | 5 | ||
| Netflix, Inc. | NFLX | 122.14 | 6 | 116.74 | 8.13 ▼ | 24 | 24.63% | 2 | ||
| Orbital ATK Inc. | OA | 73.80 | 11 | 75.47 | -2.37 ▼ | 3 | 1.24% | 15 | ||
| Transocean Ltd. | RIG | 9.87 | 11 | 10.21 | -2.19 ▼ | 3 | -1.65% | 15 | ||
| Rockwell Automation | ROK | 117.47 | 34 | 117.34 | 0.69 ▼ | 9 | -5.20% | 2 | ||
| Starbucks | SBUX | 51.77 | 11 | 53.77 | -2.06 ▼ | 3 | 2.58% | 15 | ||
| SolarCity | SCTY | 18.55 | 9 | 20.21 | -1.89 ▼ | 2 | 1.49% | 15 | ||
| Senior Housing Prop. | SNH | 19.48 | 34 | 21.39 | -5.37 ▼ | 22 | 11.74% | 7 | ||
| Synaptics Inc. | SYNA | 53.27 | 0 | 62.71 | -8.67 ▼ | 4 | -1.76% | 11 | ||
| Tesla Motors, Inc. | TSLA | 187.42 | 8 | 202.93 | -3.31 ▼ | 20 | 6.76% | 15 | ||
| Twitter, Inc. | TWTR | 17.58 | 2 | 18.68 | -1.20 ▲ | 20 | 11.88% | 12 | ||
| ||||||||||
Note: This is a live demo portfolio to show how reversal levels work for different types of stocks, not a recommendation to invest in any of those companies.
The daily reversal levels for more than 2700 stocks and etf are available by monthly subscription.
Comes with full instructions and strategies for using the reversal levels and the MoM indicator in your own trading. Give it a try.
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