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

[Printable Version of This Page]

Morning Matters:

Weekly Chart of S&P 500
by Geoff Garbacz

December 21, 2022
The Weekly Displaced Moving Average (DMA) Channel (Yellow Band) of the S&P 500 sees the current price now in its channel as stocks are mixed. As such, bias is neutral on a weekly basis.

[Image 1]

Second, the Erlanger Volume Swing (EVS) is at 17.48 from 10.65 last week. Above 0 is good and below 0 is bad. The current action is now positive.

Third, the Erlanger Crossover Spread (EC) Spread moves to 16.63 from 72.08.

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

So what is an investor to do here? We would recommend taking partial new positions on longs and look to add some shorts with tight stops if the rally fades.

We are 75% invested in our Morning Matter Portfolio.

Morning Matters Archives


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!


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..