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.   

Volatility Index (20 Nov 15): $VIX 10.64

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 (20 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 (20 Nov 15): SDOW $16.97

Buy (148) shares SDOW @ $16.97
Target Price (10%): $18.70

Leveraged ETFs (20 Nov 15): YANG $84.16

Buy (30) shares YANG @ $84.16
Target Price (10%): $92.60

Leveraged ETFs (20 Nov 15): EDZ $38.92

Buy (65) shares EDZ @ $38.92
Target Price (10%): $42.85

Leveraged ETFs (20 Nov 15): UGAZ $2.82

Buy (887) shares UGAZ @ $2.82
Target Price (10%): $3.10

Determine Market Trend (13 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
S&P 500	SPY	-4.50%	Bull Market
Nasdaq 100	QQQ	-4.88%	Bull Market
Dow Jones 30	DIA	-5.02%	Pullback
Russell 2000	IWM	-11.01%	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
S&P 500	SPY	202.54	205.01	Downtrend
Nasdaq 100	QQQ	109.84	107.71	Uptrend
Dow Jones 30	DIA	172.61	174.53	Downtrend
Russell 2000	IWM	114.07	120.17	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 (13 Nov 15): $VIX 94.53

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 (13 Nov 15): Bearish

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 (13 Nov 15): FAS $29.26

Buy (86) shares FAS @ $29.26
Target Price (10%): $32.20

Leveraged ETFs (13 Nov 15): TNA $66.11

Buy (38) shares TNA @ $66.11
Target Price (10%): $72.75

Leveraged ETFs (13 Nov 15): XIV $26.05

Buy (96) shares XIV @ $26.05
Target Price (10%): $28.65

Leveraged ETFs (13 Nov 15): UWTI $7.03

Buy (356) shares UWTI @ $7.03
Target Price (10%): $7.75

Determine Market Trend (6 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	-0.59%	Bull Market
S&P 500	SPY	-0.96%	Bull Market
Dow Jones 30	DIA	-1.43%	Bull Market
Russell 2000	IWM	-6.99%	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	114.79	107.43	Uptrend
S&P 500	SPY	210.04	204.83	Uptrend
Dow Jones 30	DIA	179.14	174.39	Uptrend
Russell 2000	IWM	119.22	120.17	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.