Saturday, December 23, 2023

RevL for Dec 25, 2023

Latest reversal levels for major indexes and stocks in our public demo portfolio.

Daily reversal levels as of the close on December 22, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4754.63
4
4575.958.84 ▼
35
9.70%
pP+
UK - FTSE 100^FTSE7697.51
8
7550.665.20 ▲
27
2.81%
Germany - DAX^DAX16706.18
4
16297.205.74 ▼
36
9.88%
Japan - Nikkei^N22533169.05
5
32814.951.20 ▲
3
-0.89%
Australia - AOI^AORD7730.20
1
7475.4610.00 ▲
35
7.74%
Brazil - BOVESPA^BVSP132752.94
6
126134.508.33 ▲
34
12.35%
pP+
Gold (spot)$XAUUSD2052.98
8
2003.702.40 ▲
7
1.31%
EURUSD$EURUSD1.1010
4
1.08464.47 ▲
7
1.27%
Copper (HG)@HG3.8955
3
3.79575.79 ▲
10
2.95%
10 Year T-Note (ZN)@ZN112.59
2
110.518.02 ▲
34
4.03%
pP
Oil (CL)@CL73.56
6
75.340.58 ▲
43
14.61%
BitcoinBTC_X44008.04
8
40792.722.22 ▲
67
54.31%

NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL14.31
0
13.316.95 ▼
27
15.87%
Apple IncAAPL193.60
5
190.293.33 ▼
35
11.11%
Aegon NVAEG5.71
6
5.496.56 ▼
38
17.73%
Adecoagro SAAGRO11.09
35
11.50-1.13 ▼
10
-6.53%
C3.ai IncAI28.74
2
28.481.77 ▼
6
-9.48%
Amazon.com IncAMZN153.42
34
146.605.40 ▲
38
15.57%
AramarkARMK27.74
6
27.260.98 ▲
4
-0.57%
AeroVironment IncAVAV127.57
14
130.39-1.52 ▲
12
-0.44%
Bank of AmericaBAC33.43
4
31.368.56 ▼
35
18.71%
pP
Beacon Roofing Supply IncBECN88.43
4
80.447.27 ▲
35
21.20%
Coeur MiningCDE3.44
3
3.017.04 ▼
25
37.05%
CIENA CorpCIEN44.17
3
45.19-3.12 ▲
10
0.90%
Coinbase GlobalCOIN175.48
24
128.099.57 ▲
35
109.43%
pP+
Dollar Tree IncDLTR136.56
2
126.218.04 ▲
35
18.75%
pP
Devon EnergyDVN45.81
12
44.552.82 ▲
4
1.04%
First Solar IncFSLR170.39
17
155.055.86 ▲
6
3.61%
Greenbrier CompaniesGBX43.46
0
40.428.13 ▼
16
15.43%
pP
Alphabet IncGOOGL141.49
5
133.604.49 ▲
11
5.43%
Interactive Brokers GroupIBKR82.11
9
80.371.44 ▼
3
-0.40%
IMAX CorpIMAX14.95
9
16.53-4.85 ▼
51
20.10%
Meta PlatformsMETA353.39
47
330.507.21 ▲
10
7.28%
NiSource IncNI26.25
11
26.530.10 ▼
2
-0.31%
Intellia TherapeuticsNTLA31.36
23
29.201.39 ▲
7
-1.51%
Ralph LaurenRL145.47
4
131.0310.00 ▲
34
25.93%
Rockwell AutomationROK307.78
0
286.949.45 ▼
25
11.92%
pP
Sanmina CorpSANM52.47
19
50.783.82 ▼
9
4.02%
Shopify IncSHOP76.83
6
70.705.01 ▼
35
28.35%
Tesla Motors IncTSLA252.54
0
237.663.71 ▲
27
5.54%
Uber TechnologiesUBER61.71
6
56.335.81 ▼
35
31.52%
Marriott Vacations WorldwideVAC88.26
40
81.846.46 ▼
10
9.35%



Tips for using the tables
Hover or tap on an item in the "Action" column to see strategic advice for the stock.
Hover or tap in the "Days" column to see the start date and price for current position.
Hover or tap in the weekly trend ("Tr") column to see the weekly reversal level.

Note: This is a live demo portfolio to show how reversal levels work for different types of stocks. Some big names, some random mid caps and small caps, a mix of different sectors. So it is not a recommendation to invest in any of those companies.

Friday, December 22, 2023

Charts for Dec 22, 2023

A bit of a rebound in SPX. But that could be a bull trap. More indicators are starting to look down. Not a time to be bold. Year end trading is always a bit tricky.

Market charts:

* 417 SPX stocks in bullish mode. Small downtick but stays above 80% and above the weekly bullish%.
* BullsPower at 52, BearsPower at 4.
* Number of pP signals jumps to 358. Remains very elevated.
* Market stays above the Envelope.

* BMO goess down with a bearish divergence.
* ELC and BUD stay bullish.
* Repellor is at 4578.

* SPX Rotator turns down.
* The red component is still climbing but flattening out.
* Market is back within the Bands.

* SwX is green - bullish.
* Daily MoM still goes up a little bit. Will probably turn down today.
* The steepest trendline (green) is still alive. But it's obviously unsustainable in the longer term. Once this line gives way a pretty strong downward reaction could be seen.

* Icebergs algo show gold on the mountain + lava. This indicates the market is red hot and a significant peak is in the making. But this can go on for a while, just like it did in June-July. A proper downturn may not start until the lava (red) disappears.

RevL for Dec 22, 2023

Today's reversal levels.

Daily reversal levels as of the close on December 21, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4746.75
4
4566.538.96 ▼
34
9.52%
pP+
UK - FTSE 100^FTSE7694.73
8
7537.674.78 ▲
26
2.78%
Germany - DAX^DAX16687.42
4
16269.756.81 ▼
35
9.76%
Japan - Nikkei^N22533140.47
5
32791.020.61 ▲
2
-0.98%
Australia - AOI^AORD7727.80
1
7452.7510.00 ▲
34
7.70%
Brazil - BOVESPA^BVSP132182.02
6
125765.688.21 ▲
33
11.87%
Gold (spot)$XAUUSD2045.49
8
1999.701.73 ▲
6
0.94%
EURUSD$EURUSD1.1008
4
1.08323.79 ▲
6
1.25%
Copper (HG)@HG3.9085
3
3.78725.42 ▲
9
3.29%
10 Year T-Note (ZN)@ZN112.67
2
110.358.01 ▲
33
4.10%
Oil (CL)@CL73.89
6
75.38-0.21 ▲
42
14.23%
BitcoinBTC_X43875.01
8
40568.301.62 ▲
66
53.85%

NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL14.35
0
13.227.88 ▼
26
16.19%
Apple IncAAPL194.68
5
190.064.62 ▼
34
11.73%
Aegon NVAEG5.71
6
5.487.25 ▼
37
17.73%
Adecoagro SAAGRO11.02
35
11.53-0.80 ▼
9
-5.86%
C3.ai IncAI29.42
2
28.492.40 ▼▼
5
-7.34%
dSell
Amazon.com IncAMZN153.84
34
145.995.13 ▲
37
15.89%
AramarkARMK27.88
6
27.220.54 ▲
3
-0.07%
AeroVironment IncAVAV126.95
14
130.51-1.91 ▲
11
0.05%
Bank of AmericaBAC33.20
4
31.218.76 ▼
34
17.90%
pP
Beacon Roofing Supply IncBECN87.35
4
80.056.45 ▲
34
19.72%
Coeur MiningCDE3.54
3
2.987.37 ▼
24
41.04%
CIENA CorpCIEN43.76
3
45.23-3.49 ▲
9
1.82%
Coinbase GlobalCOIN168.03
24
125.689.21 ▲
34
100.54%
pP+
Dollar Tree IncDLTR134.33
2
125.427.72 ▲
34
16.81%
pP
Devon EnergyDVN45.85
12
44.402.23 ▲
3
1.12%
First Solar IncFSLR170.04
17
153.335.27 ▲
5
3.40%
Greenbrier CompaniesGBX43.30
0
40.118.20 ▼
15
15.01%
pP
Alphabet IncGOOGL140.42
5
132.903.00 ▲
10
4.63%
Interactive Brokers GroupIBKR82.11
9
80.171.47 ▼
2
-0.40%
IMAX CorpIMAX15.10
9
16.59-4.08 ▼
50
19.29%
Meta PlatformsMETA354.09
47
328.816.36 ▲
9
7.50%
NiSource IncNI26.04
11
26.540.64 ▼
1
0.50%
Intellia TherapeuticsNTLA30.20
23
29.081.29 ▼▼
6
-5.15%
dSell
Ralph LaurenRL147.92
4
130.3310.00 ▲
33
28.05%
Rockwell AutomationROK306.75
0
285.429.52 ▼
24
11.55%
pP
Sanmina CorpSANM51.91
19
50.623.87 ▼
8
2.91%
Shopify IncSHOP76.14
6
70.305.34 ▼
34
27.20%
Tesla Motors IncTSLA254.50
0
236.613.69 ▲
26
6.36%
Uber TechnologiesUBER61.46
6
55.986.80 ▼
34
30.99%
Marriott Vacations WorldwideVAC87.94
40
81.266.85 ▼
9
8.96%



Tips for using the tables
Hover or tap on an item in the "Action" column to see strategic advice for the stock.
Hover or tap in the "Days" column to see the start date and price for current position.
Hover or tap in the weekly trend ("Tr") column to see the weekly reversal level.

Note: This is a live demo portfolio to show how reversal levels work for different types of stocks. Some big names, some random mid caps and small caps, a mix of different sectors. So it is not a recommendation to invest in any of those companies.

Thursday, December 21, 2023

RevL for Dec 21, 2023

First significant market pullback day in quite a while. This puts SPX on a pP signal.

Daily reversal levels as of the close on December 20, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4698.35
4
4558.899.20 ▲
33
8.40%
pP
UK - FTSE 100^FTSE7715.68
8
7523.034.36 ▲
25
3.06%
Germany - DAX^DAX16733.05
4
16242.088.04 ▼
34
10.06%
Japan - Nikkei^N22533675.94
5
32768.85-0.23 ▲
1
0.62%
Australia - AOI^AORD7764.00
1
7426.9110.00 ▲
33
8.21%
Brazil - BOVESPA^BVSP130804.17
6
125461.988.10 ▲
32
10.70%
Gold (spot)$XAUUSD2029.19
8
1996.981.24 ▲
5
0.14%
EURUSD$EURUSD1.0938
4
1.08243.01 ▲
5
0.61%
Copper (HG)@HG3.9015
3
3.77754.86 ▲
8
3.11%
10 Year T-Note (ZN)@ZN112.78
2
110.167.68 ▲
32
4.20%
Oil (CL)@CL74.22
6
75.45-1.18 ▲
41
13.85%
BitcoinBTC_X43669.91
8
40344.971.13 ▲
65
53.13%

NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL13.98
0
13.158.34 ▼
25
13.20%
Apple IncAAPL194.83
5
189.765.67 ▼
33
11.82%
Aegon NVAEG5.66
6
5.478.09 ▼
36
16.70%
Adecoagro SAAGRO11.00
35
11.56-0.31 ▼
8
-5.67%
C3.ai IncAI29.73
2
28.422.63 ▲
4
-6.36%
Amazon.com IncAMZN152.12
34
145.384.74 ▲
36
14.59%
AramarkARMK27.39
6
27.20-0.01 ▲
2
-1.83%
AeroVironment IncAVAV126.42
14
130.65-2.34 ▲
10
0.46%
Bank of AmericaBAC32.98
4
31.068.94 ▼
33
17.12%
Beacon Roofing Supply IncBECN86.40
4
79.695.74 ▲
33
18.42%
Coeur MiningCDE3.39
3
2.957.61 ▼
23
35.06%
CIENA CorpCIEN43.58
3
45.31-3.61 ▼
8
2.22%
Coinbase GlobalCOIN161.86
24
123.599.03 ▲
33
93.17%
pP+
Dollar Tree IncDLTR134.41
2
124.697.53 ▲
33
16.88%
pP
Devon EnergyDVN45.24
12
44.311.63 ▲
2
-0.22%
First Solar IncFSLR164.60
17
151.994.40 ▲
4
0.09%
Greenbrier CompaniesGBX42.72
0
39.838.28 ▲
14
13.47%
Alphabet IncGOOGL138.34
5
132.361.68 ▲
9
3.08%
Interactive Brokers GroupIBKR81.46
9
80.071.71 ▼
1
-1.19%
IMAX CorpIMAX14.90
9
16.67-3.17 ▼
49
20.36%
Meta PlatformsMETA349.28
47
327.245.17 ▲
8
6.04%
NiSource IncNI26.08
11
26.561.44 ▼
0
0.00%
Sell
Intellia TherapeuticsNTLA29.62
23
29.021.45 ▲
5
-6.97%
Ralph LaurenRL145.55
4
129.479.86 ▲
32
26.00%
pP+
Rockwell AutomationROK303.56
0
283.859.61 ▲
23
10.39%
Sanmina CorpSANM51.83
19
50.494.14 ▲
7
2.76%
Shopify IncSHOP75.42
6
69.945.72 ▲
33
25.99%
Tesla Motors IncTSLA247.14
0
235.763.66 ▲
25
3.28%
Uber TechnologiesUBER60.68
6
55.678.07 ▼
33
29.33%
Marriott Vacations WorldwideVAC83.79
40
80.987.38 ▼
8
3.82%



Tips for using the tables
Hover or tap on an item in the "Action" column to see strategic advice for the stock.
Hover or tap in the "Days" column to see the start date and price for current position.
Hover or tap in the weekly trend ("Tr") column to see the weekly reversal level.

Note: This is a live demo portfolio to show how reversal levels work for different types of stocks. Some big names, some random mid caps and small caps, a mix of different sectors. So it is not a recommendation to invest in any of those companies.