By Trendanomics StaffMay 31, 2020 The Trade Signals in this report are by way of using our long term trend filter of a 20% annualized rate of growth over a 200 day moving average. This is pure trend investing. No forecasts, no fundamentals, no news. Blog comments welcome.
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”
gold in a Bullish long term trend investing setup
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”
More gold mining stocks are Bullish this week
Five gold miners are at, or exceeding trend. Download the report in .pdf format.
The Index is trading below the December 2018 Low of $21,713. Without a bounce we’ll be looking for lower prices.
the Index is regaining long term Upward trend
another break to the Upside
The S&P 500 Index (SPX) today closed over last Months’ all time high, again. Daily stock chart below.