Carnival Cruise Lines (CCL) looking at the past year, issued numerous price reversals, in advance of the virus problem. The theory of the black Swan was debunked years ago.
Trade Signals – Carnival Crusie Lines 02-24-2020
Trade Signals – The Gold ETF 02-21-2020
The Gold ETF (GLD) is trading well in excess of the 20% annualized rate of growth over a 200 day moving average. On the stock chart below, each Blue Up arrow is a new 21 day High.
Trade Signals – Barrick Gold
Barrick Gold (GOLD), a large cap gold miner, in a long term Bullish Uptrend, exceeding an annualized rate of return of 20%, breaking out of a bullish Uptrend Channel today.
Trade Signals – Aerospace & Defense Industry 02-12-2020
Today, The S&P Aerospace & Defense Industry (SPSIAD), in a long term Uptrend, is issuing another break of the weekly trend to the Upside. Corresponding Exchange Traded funds include The SPDR (XAR), and the leveraged ETF Direxion (DFEN).
Trade Signals – S&P 500 Index
The S&P 500 Index (SPX) today closed over last Months’ all time high, again. Daily stock chart below.
Trade Signals – Crude Oil
WTI Crude oil: Long term Monthly support, multiple reversals, found at $51.41.
Trade Signals – Nasdaq 100 Index
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% annualized rate of growth, as indicated by the bottom panel in the stock chart below.
Trade signals 01-31-2020
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 Index (GDM) continues trading above the 200-day Moving Average Trend of a 20% annualized rate of growth: Signal – Above trend for Equities
Gold and Silver
Gold (GC) is trading above the 200-day Moving Average Trend of a 20% annualized rate of growth: Signal – Above trend for gold
Gold (GC) is trading above the 50-day Moving Average Trend of a 20% annualized rate of growth: Signal – Above trend for gold
Silver (SI) is trading above the 200-day Moving Average Trend of a 20% annualized rate of growth: Signal – Above trend for Silver
Silver (SI) is trading above the 50-day Moving Average Trend of a 20% annualized rate of growth: Signal – Above trend for Silver
Crude Oil
Crude Oil (CL) is trading below the 200-day Moving Average Trend of a 20% annualized rate of growth: Signal – Below trend for oil
Crude Oil (CL) is trading below the 50-day Moving Average Trend of a 20% annualized rate of growth: Signal – Below trend for oil
Trend Investing update
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.
Stock Market Trend
The US Stock market is well established in an ongoing Bullish Uptrend. The S&P 500 Index is well above the 20% annualized rate of growth over a 200 day moving average. The trend filter crossed from below to above on December 12th, as shown on the chart below.
