Bullish Percent Indicators experienced few changes this week as it was a rather quiet period for U.S. Equities.  Several Sector BPI Plus portfolios are up for review this week so I’ll be alert to any changes that might occur within the Sector BPI portion of the BPI spreadsheet. Index BPI No indexes are either oversold […]

Bullish Percent Indicators this week are bullish when taken as a whole.  Investors following or using the Sector BPI model will find three sectors overbought.  All the major indexes are bullish with the Dow Jones Industrial Average reaching the overbought zone. This past week a reader posed a question related to what settings to use […]

There was brief action this week as Staples (VDC) moved into the over-bought zone on Wednesday.  Thursday’s market action moved the BPI percentage back into the neutral zone.  Since none of the four Sector BPI portfolios were holding any shares of VDC, no sell orders were placed. Overall, the U.S. Equities market, and that is […]

Bullish Percent Indicators ended the month of March on an uptick.  Every major index and sector is bullish.  Only Real Estate remains over-sold with 30% bullish.  It appears as if we now are in a “quiet” period for Sector BPI management as cash is minimal having been used to pick up shares of over-sold sectors.  […]

Publication of Bullish Percent Indicator (BPI) data is a nearly weekly event.  This data is particularly important now that four ITA portfolios are managed using information from the second screenshot or the Sector Point and Figure (PnF) data table.  The four portfolios are:  Carson, Franklin, Gauss, and Millikan. The data for the following tables comes […]

Collapse of the Silicon Valley Bank, continuation of high inflation, strong employment numbers, and the threat of default on the debt limit all rattled the stock market this week.  Two major indexes and four more sectors moved into the over-sold zone.  Utilities (VPU) was already over-sold.  Call this action the first move of the sector […]