Spent some time reviewing long-term history of #AAII signals, particularly when bullish reading > 50%. Initial takeaways:1. This has happened 11 times since the 2009 low.2. A major top has occurred only 2 times out of those 11.3. The other 9 times were mid-stage bull markets. pic.twitter.com/kofFCV22tC — David Keller, CMT (@DKellerCMT) March 8, 2024 […]
Chart of the Day – Monday, October 23, 2023
Why are we so focused on $SPX remaining above its 200-day moving average? Because every major drawdown since the 2009 low has involved a breakdown through this important long-term trend barometer. "Nothing good happens below the 200-day moving average." pic.twitter.com/PjZeTYe82N — David Keller, CMT (@DKellerCMT) October 23, 2023 Today’s Chart of the Day was shared […]
Chart of the Day – Monday, August 14, 2023
Continue to think of the Ten Year Treasury Yield $TNX as one of the most important (if not the most important) charts of 2023. Still very much a rising rate environment which does not usually bode well for growth stocks. Higher highs and higher lows = uptrend. pic.twitter.com/gch8nHYCmC — David Keller, CMT (@DKellerCMT) August 14, […]
Chart of the Day – Wednesday, January 11th, 2023
Encouraging action in one of my favorite breadth indicators, the percent of $SPX stocks above key moving averages. Both remained above the important 50% level, suggesting stocks broadly speaking are in a bullish phase. Food for thought! pic.twitter.com/goPEYwRZzp — David Keller, CMT (@DKellerCMT) January 11, 2023 Today’s Chart of the Day was shared by David […]
Chart of the Day – Thursday, December 2nd, 2021
I humbly present the ASH trade:Apple $AAPLSemiconductors $SMHHomebuilders $ITBThree charts showing strength during a period of market dislocation. pic.twitter.com/xNxuPB4iOD — David Keller, CMT (@DKellerCMT) December 2, 2021 Today’s Chart of the Day was shared by David Keller (@DKellerCMT). It’s a daily bar chart of the Semiconductor ETF, $SMH, over the past two years. Stocks rebounded […]
- 1
- 2
- 3
- …
- 5
- Next Page »