03 Jun 2011
Price/volume seems deceptive in 2011, and leading stocks that hold strong fundamentals often sell off hard when the major averages reverse even a couple percent.
Q: Price/volume seems deceptive in 2011, and leading stocks that hold strong fundamentals often sell off hard when the major averages reverse even a couple percent. What can be done in this environment which seems unusually challenging? A: Current market ...
02 Sep 2011
Your model tracks price/volume action of leading stocks. How do you define a leading stock?
... leading stock is one that is leading in terms of price strength relative to its peers and the general market, and also in terms of fundamentals ...
15 Nov 2010
What I find difficult to understand is how often you actually hold for a violation of the 50 day.
... stock starts to sell off hard, such as a mini-gap down or a high volume reversal day off ... for leading stocks regardless of general market conditions is often an ... even though a stock may seem well above its 50dma at certain times, ebbs and flows in the stock ...
24 Jan 2011
From the sounds of your emails, you think there may be serious issues with the cloud computing sector based on FFIV (as of January 2011). What is the best strategy when a leading group gets his hard?
... couple of days (as of January 24, 2011). In the end, as we have always said, price/volume action of the major indices and leading stocks ...
13 Mar 2012
With so many pocket pivots in a strong market, how do you find the best ones, or do you buy them all?
... no need to tamper with it or sell off a position that might be consolidating recent, strong gains in favor of something that ... it is often the characteristic of a leading stock to move up on days when the general market may be flat or even down ...
15 Oct 2010
Based on your macro comments in prior reports, do you think ETF123/stock xyz is a good investment?
... /volume action of leading indexes and leading stocks. Therefore, the ... weakness on a sell signal for various ... volume outside reversal days on ETFs GLD and SLV, ... the value of all hard assets rise. Thus ... predicting the future an often futile exercise. As noted ...
15 Sep 2010
One of the most important but often neglected parts of CANSLIM is the M, the need to time the market. You have created your own market timing model. Can you describe it and how it differs?
... is based on my statistical studies of how the major stock market averages actually behave on a price/volume basis going back ... day, or even well beyond the seventh day, as long as the price/volume action of the leading indices and leading stocks is sound. ...
07 Jun 2020
When using the 50-day moving average as one's selling using under the 7-week rule, the 50-day moving average sometimes seems so far from where the stock is trading, so it would have to have a serious drop to trigger a violation of the 50-day moving average.
... be prudent to sell the stock before the 7 week sell rule's sell stop was hit. And yes, you ... is that the stock will not violate its 50dma and move higher after bouncing off its 50dma ... that the stock may appear to be well above its 50dma, so it seems like if ...
06 Jan 2011
Even though stock 'XYZ' bounced strongly, you think it won't simply repeat the same price action of a couple of weeks ago and head lower?
... our way of dealing in the market and necessitates the use of a crystal ball, ... /institutional/buy-side/sell-side, I observe that trying to over-think and out-think the market ... is a classic Wall Street mentality and tendency - I say think less, act ...
10 Jun 2016
When the model siwtches signals, do I buy the 3-times etfs? And if a neutral pick happens, do I sell them?
... a neutral signal, one should at least reduce or entirely sell their positions. The record of the timing model is based ... or TYH on a buy signal, and 100% short NASDAQ Composite or TYH on a sell signal. For timing model results using ...