The Philadelphia Semiconductor Index (SOX) today has crossed from below to above our long term Trend Investing benchmark. The next major area of resistance is $1,914 shown on the stock chart below. This industry index joins the Nasdaq 100 Index (NDX), The Gold Miners Index (GDM), and several others, in the Long Term Bullish category.Continue reading “PHLX Semiconductor Index update”
Using the long term trend investing model of 20% annualized rate growth over a 200 day moving average, the following indexes are Bullish, as of the close Friday. Ranked by performance. Pure Trend Investing, no predictions, no forecasts, no fundamentals. Comments welcome. Gold Miners Index Fang Index S&P Biotechnology Index Gold Dow Jones Composite InternetContinue reading “Stocks Indexes and Gold update 05-16-2020”
the Index is regaining long term Upward trend
The S&P 500 Index (SPX) today closed over last Months’ all time high, again. Daily stock chart below.
Trend investing the Nasdaq 100 Index (NDX) we can see in the stock chart below the breakout over the January reversal that happened on the 24th. February is trading over the January High. The Nasdaq 100 Index has strong long term Upward momentum over a 40 week moving average, in excess of a 20% annualizedContinue reading “Trade Signals – Nasdaq 100 Index”
Equity Indexes S&P 500 Index (SPX) has crossed below the 200-day Moving Average Trend of a 20% annualized rate of growth: Signal – Below trend for Equities Nasdaq 100 Index (NDX) continues trading above the 200-day Moving Average Trend of a 20% annualized rate of growth: Signal – Above trend for Equities Gold Miners IndexContinue reading “Trade signals 01-31-2020”
The S&P 500 Index has bounced off of support of $3,235, and, is trading well above the benchmark of a 20% annualized rate of growth (CAGR) over a 200 day moving average, as depicted in the two stock charts below.