Bullish Percent Indicators (BPI) for this week will bring changes in a few Sector BPI Plus portfolios as the Industrial sector moved into the overbought zone.  A Trailing Stop Loss Order is called for if you are holding either VIS or IYJ in the portfolio.

  While this past week was purported to be one of the weakest weeks for equities since last March, the Bullish Percent Indicators paint a slightly less pessimistic picture.  While every major index, with exception of the two Dow indexes, declined slightly, all with exception of the NASDAQ 100 remain bullish.  Portfolio values did decline […]

We end the second quarter of 2023 on a strong note with the vast majority of indexes and sectors bullish.  The “Misery Index” stands at 7.7 or one of the lower values for an administration approaching reelection for a second term. New signals are generated by changes in two sectors and I’ll get to that […]

Based on Bullish Percent Indicators (BPI) the equities market this past week was flat to a trivial uptick.  No new instructions for managing Sector BPI portfolios show up this week.  With the prospect of two more 25 basis point increases in the interest rate this year, don’t expect to see much out of U.S. Equities.  […]

Investors employing the Sector BPI Plus model will find useful information in the follow Bullish Percent Indicator data.  Looking at the index information we see a U.S. stock market driven by large-cap stocks.  Small- and mid-cap stocks are strengthening, but have yet to fully participate in the upward trend. Be sure to check out the […]

While the broad U.S. Equities market (NYSE and NASDAQ) rose slightly this week, four tech stocks reversed the bullish trend in the NASDAQ 100.  There were also a few changes in sectors of the market and I’ll get into that in a moment.  Overall, the equities market continues to be driven by large-cap stocks, although […]

August opened with a poor week for U.S. equities.  All the major indexes are down while sectors are a mixed bag.  When working through the following tables, check the right-hand side (X’s and O’s) for a peek into broad market action and use the left-hand side for granular data as the percentages provide more precise […]