Superstock Investor
Member Login   RSS ->
James DiGeorgia, Mr. Macro
- Chief Editor -
Mr. Macro
Geoff Garbacz, Mr. Micro
- Chief Strategist -
Mr. Micro
Dan Hassey, Mr. Retirement
- Senior Stock Analyst -
Mr. Retirement
Superstock Investor
April 1, 2021
#089: 06/13/2017
#746: 11/27/2016
#446: 02/28/2020
#220: 06/19/2019
MONDAY, 04/19/2021
Portfolio
Open Positions
Closed Positions
#076: 09/07/2019

[Printable Version of This Page]

Morning Matters:

Weekly Timing Chart Of The S&P 500
by Geoff Garbacz

July 8, 2020

We are updating our look at the S&P 500 via our favorite chart of SPY through Tuesday's close.

The Weekly Displaced Moving Average (DMA) Channel (Yellow Band) sees the current price above the channel. As such, bias is positive with a breakout above the channel.

[Image 1]

Second, the Erlanger Volume Swing (EVS) is at 7.57 from 9.45. Above 0 is good and below 0 is bad. The current action is positive.

Third, the Erlanger Crossover Spread (EC) Spread is now negative at -8.79 from 1.95.

Last,the Erlanger Trend Direction (ETD) moves from pullback to rally.

class="article">So what is an investor to do here? We would recommend selective buys here.

Positioning in our Morning Matters Portfolio off this chart and several other indicators moved to 100% cash on February 28th (see Flash Alert #446). We look to starting on the next pullback.

Morning Matters Archives

FREE SERVICES

Morning Briefing

Get the information you need to make profitable decisions first thing in the morning. Access to the information is FREE, not knowing it could cost you a bundle!

SUBSCRIBER SERVICES

Superstock Investor Newsletter

Published once a month. Get the big picture, what happened last month and predictions for the month ahead.

Investors Edge

Take advantage of the knowledge provided by people who live to monitor the Stock Market. People like:

  • Phil Erlanger
  • Tom McClellian
  • Mohan
  • Geoff Garbacz
  • Steve Weintz

Get access to information from publications like:

  • The Kiplinger Letter
  • The Agile Trader
  • McClellan Market Report
  • Gold and Energy Options Trader
  • Mohan's Market Force

***

Not a Subscriber?

[Superstock Investor Newsletter]

Superstock Investor's goal is to provide subscribers a steady stream of original stock ideas with an emphasis on takeover candidates. These are companies that have flown onto our radar screens as potential takeover targets, or special situations with some catalyst promising to send their shares soaring. Continue..
©2021 Gold and Energy Options Trader, LLC
All rights reserved.
Risk Disclosure  Privacy Policy  Terms of Use  Refund Policy