Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of MI | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search MI
Shrewd'm.com Merry shrewd investors
Best Of MI | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search MI


Investment Strategies / Mechanical Investing
Unthreaded | Threaded | Whole Thread (5) |
Post New
Author: DragonTales   😊 😞
Number: of 3962 
Subject: DBE close to "Bull"
Date: 01/28/2023 12:00 AM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 14
It'll only take a 1.2% S&P500 increase from Friday's close to reset the "no new highs lately" DBE to "Bull". If it switches, that'll mean it will be another 99 days before it might signal "we might not be in a bull market".

https://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&...

Tails
Print the post


Author: in4ever   😊 😞
Number: of 3962 
Subject: Re: DBE close to "Bull"
Date: 01/28/2023 2:04 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 4
My understanding is DBE is a hold signal, rather than a buy signal.
Here are some previous links posted by Mr. mungofitch:

http://www.datahelper.com/mi/search.phtml?nofool=y...
http://www.datahelper.com/mi/search.phtml?nofool=y...
http://www.datahelper.com/mi/search.phtml?nofool=y...
Print the post


Author: FlyingCircus   😊 😞
Number: of 3962 
Subject: Re: DBE close to "Bull"
Date: 01/28/2023 11:04 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 7
The technicals say 4100 is a critical resistance level. One could expect the market pulls back for a bit here given the run its had the last 3 weeks. What it does after that either changes the narrative (bear market is over if it breaks significantly above 4100), or continues the recession / inflation worry (trendless flat middling /oscillating if it pulls back off 4100 and stays down).

But all of this is short term stuff. And waiting for another 1.2% from here isn't going to kill anyone's CAGR.
Print the post


Author: FlyingCircus   😊 😞
Number: of 3962 
Subject: Re: DBE close to "Bull"
Date: 01/30/2023 7:22 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 9
Between Thursday 1/26 and today, Emerging Markets (EEM), Foreign Developed ($MSEAFE) and US Small Caps ($DJUSS) all flipped bullish on their respective 99Day / DBEs.

The two assets that have not yet: US Large Caps (SPY) and the Naz ($COMPQ).

Happy allocating ;-)

FC
Print the post


Author: DragonTales   😊 😞
Number: of 3962 
Subject: Re: DBE close to "Bull"
Date: 02/01/2023 10:30 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 5
$SPX flipped today. (SPY too.)

https://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&...

Tails
Print the post


Post New
Unthreaded | Threaded | Whole Thread (5) |


Announcements
Mechanical Investing FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of MI | Best Of | Favourites & Replies | All Boards | Followed Shrewds