Determine Market Trend (11 Dec 15)

Bull Market, Pullback, Correction and Bear Market

(1)     Pullback: -5% off 52W High   (2) Correction: -10% off 52W High   (3) Bear Market: -20% off 52W High

Benchmark	Symbol	% off 52-Wk High	Market Trend
Nasdaq 100	QQQ	-4.29%	Bull Market
Dow Jones 30	DIA	-4.65%	Bull Market
S&P 500	SPY	-4.81%	Bull Market
Russell 2000	IWM	-12.70%	Correction

Traders who strive for consistency—their goal is to make money in all market environments.  Knowing whether you are in Bull Market, Bear Market or a Flat Market is equally important and key in assessing the potential for your trade.

Long Term Trend

The “big dog” of moving averages is the 200-day moving average.  If the index is trading above that level, the long-term trend is considered up; generally, the 200-day moving average is seen as a proxy for the long-term trend.

Benchmark	Symbol	Price	200-DMA	Market Trend
Nasdaq 100	QQQ	110.79	108.51	Uptrend
Dow Jones 30	DIA	172.73	174.02	Downtrend
S&P 500	SPY	201.88	205.24	Downtrend
Russell 2000	IWM	111.91	119.89	Downtrend

In an up-trending market, I will lengthen holding times and give my holdings more room to run.  In a wide trading range or a down-trending market, I use short holding times and grab profits quickly.   

Market Trend (11 Dec 15): S-T Market Bottom

The SPY:$VIX ratio chart is best used to identify market bottoms. Each time the Percentage Price Oscillator (PPO 1,10,0) reading moves below -10 the S&P 500 (SPY) has reached a market bottom.

Volatility Index (11 Dec 15): $VIX 96.01

The VIX has an inverse relationship to the price of the S&P 500. Thus, we often see the VIX making new highs as the market is making new lows. When the 2-period RSI of the VIX is above 90 we'll be looking to go long.

Leveraged ETFs (11 Dec 15): EDC $10.43

Buy (240) shares EDC @ $10.43
Target Price (10%): $11.50

Leveraged ETFs (11 Dec 15): YINN $15.71

Buy (160) shares YINN @ $15.71
Target Price (10%): $17.30

Leveraged ETFs (11 Dec 15): RUSL $10.94

Buy (229) shares RUSL @ $10.94
Target Price (10%): $12.05

Leveraged ETFs (11 Dec 15): FAS $27.51

Buy (91) shares FAS @ $27.51
Target Price (10%): $30.30

Determine Market Trend (4 Dec 15)

Bull Market, Pullback, Correction and Bear Market

(1)     Pullback: -5% off 52W High   (2) Correction: -10% off 52W High   (3) Bear Market: -20% off 52W High

Benchmark	Symbol	% off 52-Wk High	Market Trend
Nasdaq 100	QQQ	-0.53%	Bull Market
S&P 500	SPY	-1.16%	Bull Market
Dow Jones 30	DIA	-1.51%	Bull Market
Russell 2000	IWM	-8.12%	Pullback

Traders who strive for consistency—their goal is to make money in all market environments.  Knowing whether you are in Bull Market, Bear Market or a Flat Market is equally important and key in assessing the potential for your trade.

Long Term Trend

The “big dog” of moving averages is the 200-day moving average.  If the index is trading above that level, the long-term trend is considered up; generally, the 200-day moving average is seen as a proxy for the long-term trend.

Benchmark	Symbol	Price	200-DMA	Market Trend
Nasdaq 100	QQQ	115.14	108.37	Uptrend
S&P 500	SPY	209.62	205.30	Uptrend
Dow Jones 30	DIA	178.42	174.10	Uptrend
Russell 2000	IWM	117.78	120.07	Downtrend

In an up-trending market, I will lengthen holding times and give my holdings more room to run.  In a wide trading range or a down-trending market, I use short holding times and grab profits quickly.   

Volatility Index (4 Dec 15): $VIX 29.67

The VIX has an inverse relationship to the price of the S&P 500. Thus, we often see the VIX making new highs as the market is making new lows. When the 2-period RSI of the VIX is above 90 we'll be looking to go long.

Market Trend (4 Dec 15): Uptrend

The SPY:$VIX ratio chart is best used to identify market bottoms. Each time the Percentage Price Oscillator (PPO 1,10,0) reading moves below -10 the S&P 500 (SPY) has reached a market bottom.

Leveraged ETFs (4 Dec 15): GASL $10.76

Buy (233) shares GASL @ $10.76
Target Price (10%): $11.90

Leveraged ETFs (4 Dec 15): ERX $28.98

Buy (87) shares ERX @ $28.98
Target Price (10%): $31.90

Leveraged ETFs (4 Dec 15): DUST $14.66

Buy (170) shares DUST @ $14.66
Target Price (10%): $16.15

Leveraged ETFs (4 Dec 15): JDST $28.14

Buy (89) shares JDST @ $28.14
Target Price (10%): $31.00

Determine Market Trend (27 Nov 15)

Bull Market, Pullback, Correction and Bear Market

(1)     Pullback: -5% off 52W High   (2) Correction: -10% off 52W High   (3) Bear Market: -20% off 52W High

Benchmark	Symbol	% off 52-Week High	Market Trend
Nasdaq 100	QQQ	-1.00%	Bull Market
S&P 500	SPY	-1.19%	Bull Market
Dow Jones 30	DIA	-1.80%	Bull Market
Russell 2000	IWM	-6.68%	Pullback

Traders who strive for consistency—their goal is to make money in all market environments.  Knowing whether you are in Bull Market, Bear Market or a Flat Market is equally important and key in assessing the potential for your trade.

Long Term Trend

The “big dog” of moving averages is the 200-day moving average.  If the index is trading above that level, the long-term trend is considered up; generally, the 200-day moving average is seen as a proxy for the long-term trend.

Benchmark	Symbol	Price	200-DMA	Market Trend
Nasdaq 100	QQQ	114.31	108.18	Uptrend
S&P 500	SPY	209.56	205.27	Uptrend
Dow Jones 30	DIA	177.90	174.10	Uptrend
Russell 2000	IWM	119.62	120.12	Downtrend

In an up-trending market, I will lengthen holding times and give my holdings more room to run.  In a wide trading range or a down-trending market, I use short holding times and grab profits quickly.   

Volatility Index (27 Nov 15): $VIX 16.35

The VIX has an inverse relationship to the price of the S&P 500. Thus, we often see the VIX making new highs as the market is making new lows. When the 2-period RSI of the VIX is above 90 we'll be looking to go long.

Nasdaq Summation Index (27 Nov 15): Bullish

The Nasdaq Summation Index ($NASI) is a market breath indicator. When it turns higher, a greater number of stocks are advancing. When it turns lower, a greater number of stocks are declining.

Leveraged ETFs (27 Nov 15): TZA $25.29

Buy (100) shares SRTY @ $25.29
Target Price (10%): $27.90

Leveraged ETFs (27 Nov 15): TZA $38.89

Buy (65) shares TZA @ $38.89
Target Price (10%): $42.80

Leveraged ETFs (27 Nov 15): UGAZ $2.58

Buy (969) shares UGAZ @ $2.58
Target Price (10%): $2.85

Leveraged ETFs (27 Nov 15): YINN $19.32

Buy (130) shares YINN @ $19.32
Target Price (10%): $21.25

Determine Market Trend (20 Nov 15)

Bull Market, Pullback, Correction and Bear Market

(1)     Pullback: -5% off 52W High   (2) Correction: -10% off 52W High   (3) Bear Market: -20% off 52W High

Benchmark	Symbol	% off 52-Week High	Market Trend
Nasdaq 100	QQQ	-0.86%	Bull Market
S&P 500	SPY	-1.30%	Bull Market
Dow Jones 30	DIA	-1.71%	Bull Market
Russell 2000	IWM	-8.87%	Pullback

Traders who strive for consistency—their goal is to make money in all market environments.  Knowing whether you are in Bull Market, Bear Market or a Flat Market is equally important and key in assessing the potential for your trade.

Long Term Trend

The “big dog” of moving averages is the 200-day moving average.  If the index is trading above that level, the long-term trend is considered up; generally, the 200-day moving average is seen as a proxy for the long-term trend.

Benchmark	Symbol	Price	200-DMA	Market Trend
Nasdaq 100	QQQ	114.48	107.97	Uptrend
S&P 500	SPY	209.31	205.16	Uptrend
Dow Jones 30	DIA	178.06	174.04	Uptrend
Russell 2000	IWM	116.81	120.12	Downtrend

In an up-trending market, I will lengthen holding times and give my holdings more room to run.  In a wide trading range or a down-trending market, I use short holding times and grab profits quickly.