Bullish Percent Indicators are ending February in a downward trend.  All major indexes are bearish, yet none are in the over-sold zone.  We need to check on Sectors to pick up an over-sold condition. Just a short word regarding the above photograph.  This past week Portland experienced the largest snowfall since the 1940s.  Measured at […]

Bullish Percent Indicators as they pertain to the Sector BPI portfolios call for no changes this week.  Only one sector ETF is found in the over-sold zone so no reviews of the Carson, Franklin, Gauss, and Millikan are eminent. A false notification was sent out earlier.  Instead of scheduling this blog to go out tomorrow, […]

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 […]

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 […]

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.  […]

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 […]