Value-Momentum stock data as of 2/2/2017 shows the following when analyzed using the yet to be released Kipling Tranche spreadsheet. Six out of over 6,500 stocks passed the screen.
Tranche Momentum Recommendations: FUL and KLAC are two new stocks to this list. If you examine the following worksheet you find this information.
- All stocks are performing above SHY.
- UFS is suspect due to the negative “Golden Cross” (X/O) indicator. The red cell indicates the 13-Day EMA lies below its 49-Day EMA. This is an impending sell signal.
- Based on REDA information, PLCE, FUL, MAR, and MPG are the strongest candidates as all have a Group ranking of 2. While MAR holds the top spot with a 2.01 rating, its short-term or HA2 ranking is red.
- FUL and MPG are the two ETFs left standing and MAR is priced about the same as its 13-Day EMA.
- When running these six stocks through the PnF Relative Strength wringer, all but UFS are outperforming VTI.
- In summary, the best bet for inclusion in a portfolio is MPG and I might take a chance on KLAC, even with a #4 Group rating.
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I should mention that these stocks are not recommendations for purchase. They are presented as examples for the few readers who select individual stocks for their portfolio. Do your own analysis.
Lowell
Lowell: It looks to me like the PLCE stock is the stock with the negative golden cross.
Am I reading this corrrectly?
Mark,
Correct. As the spreadsheet is set up, the “Golden Cross” (X/O column) is green when the 13-Day Exponential Moving Average (EMA) is priced above the slower moving 49-Day EMA. When the cell is red or negative, the faster moving 13-Day EMA is priced below the 49-Day EMA. PLCE is showing a negative “Golden Cross” at this time and that is a warning signal to sell – or at least consider selling.
Lowell