ITA Wealth Management

  • Home
  • Blog
  • Guest Registration
  • Lifetime Member
  • Forum
  • Reset Password
  • Contact Me
  • About Me
You are here: Home / Technical Indicators / Bullish Percent Indicators / Bullish Percent Indicators: 26 February 2022

Bullish Percent Indicators: 26 February 2022

February 26, 2022 By Lowell Herr Leave a Comment

 

Bullish Percent Indicators: 26 February 2022 1

“Believe me my young friend, there is nothing – absolutely nothing – half so much worth doing as simply messing about in boats.” So says Ratty to Mole in Kenneth Grahame’s classic novel ‘The Wind in the Willows’.

Each week I make a decision whether or not to publish the Bullish Percent Indicator data.  When I looked at the following tables I concluded – if not this week then what week.  It is rare to see four of the ten sectors positioned not only in the over-sold zone, but several show they are bouncing off lows due to the recovery on Thursday and Friday.

Index BPI

The following table shows how hard hit were tech stocks (NASDAQ and NASDAQ 100).  With over 50% of stocks in the bearish camp, we are bound to see a rebound, perhaps this spring or summer.

Bullish Percent Indicators: 26 February 2022 2

Sector BPI

I think one needs to go back to 2008 and early 2009 to see so many sectors in the over-sold zone.  And we may not be finished with the slide.  The little boy in Moscow is roiling the world markets, including his own.

While I generally don’t use BPI data to manage portfolios, I am setting TSLOs in many portfolios and along with those TSLOs I am also setting Buy limit orders at percentages below those set for the TSLOs.  If you have questions, drop them in the Comment section provided.

Bullish Percent Indicators: 26 February 2022 3

 

(Visited 61 times, 1 visits today)
facebookShare on Facebook
TwitterTweet
FollowFollow us
PinterestSave

Filed Under: Bullish Percent Indicators, Technical Indicators Tagged With: Bullish Percent Indicators

Leave a Reply Cancel reply

You must be logged in to post a comment.

Popular Posts

  • 2022 Guidelines for Relative Strength Portfolios
  • Hindsight is 2021 – A Year-End Retrospective and…
  • Protected: Modified Kipling Workbook with Risk Ratios
  • Preparing Investments for 2022
  • The True Cost of Management Fees
  • Response to Comments made by ITA member (John Shelton)
  • Using Volatility as a Diversifier and a Portfolio Hedge
  • Investment Policy Statement: February 2022
  • Hawking Portfolio Review – 1 April 2022
  • Dual Momentum Investing by Gary Antonacci

General Investment News

Portfolios coming up for review are:  Kepler, Bohr, and Franklin.  Non-scheduled portfolios may be reviewed.  If you are a new user, check the posts you missed. Links to Random Posts are found in the lower right-hand footer or just to the right of what you are now reading.  Most popular posts are found in the lower left-hand footer.

Check the Forum for more detailed information.  If you wish to begin a financial discussion, use the Forum.

Contact me at itawealth@comcast.net if interested in a Lifetime Membership.  Long-time Platinum members are now Lifetime members and this blog is free to all who signup as a Guest.  A few blogs are reserved for Lifetime members.

Random Posts

  • Retirement Planning Mistake #3
  • Retirement Planning Mistake #10
  • Bohr Portfolio Review: 12 April 2022
  • Euclid Update: Looking at Dual Momentum
  • Millikan Interim Look: 22 April 2021
  • Darwin Portfolio Review: 23 December 2021
  • Gauss Portfolio Review: 18 June 2021
  • Preparing Investments for 2022
  • Risk Parity: A Brief Explanation of How Risky a 60/40 Portfolio Really Is
  • Darwin Portfolio Review: 23 November 2021
  • Rutherford Portfolio Review (Tranche 3): 18 March 2022

Log in | Website Design by BOING