| Major indexes | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Name | Close | Tr | Mode | RevL (D) | MoM (D) | Days | P/L % | Action | |
| S&P 500 | ^SPX | 7551.81 | 22 | 7683.14 | -3.34 ▼ | 5 | +0.57% | ||
| Nasdaq 100 | ^NDX | 28945.06 | 22 | 29435.10 | -1.54 ▼ | 4 | +1.32% | ||
| Russell 2000 | ^RUT | 2858.81 | 22 | 2974.24 | -7.64 ▼ | 18 | +4.93% | ||
| Gold (spot) | $XAUUSD | 4264.28 | 3 | 4436.73 | -3.59 ▼ | 11 | +1.54% | ||
| US Oil ETF | USO | 156.17 | 8 | 139.68 | 10.00 ▲ | 26 | +25.19% | ||
| iSh. 20+ Y Tr. Bond ETF | TLT | 80.88 | 10 | 82.18 | -6.44 ▼ | 11 | +1.23% | ||
| Bitcoin | BTC_X | 76146.10 | 3 | 78255.18 | -1.78 ▼ | 1 | -0.74% | ||
New 6 week lows for SPX and NDX. RUT is now below its weekly RevL and at risk of going double red.
Stock positions:
AR is on a Sell signal after suddenly dropping 10%, wiping out nearly all the paper gains we had on that trade. Normally we would just sell, grudgingly, but this is a special situation because the stock was double green. The weekly RevL is at $35.37 (which you can see by hovering over the green box in the Tr column), only just below the current price. We can as well hold it on the weekly bullish basis, and it is quite common for a stock to rebound after a retest of the weekly RevL. Our entry price was $34.77, so we are still in a risk-free trade. If AR goes to double red, then we will have to get out.
| Stocks | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Name | Close | Tr | Mode | RevL (D) | MoM (D) | Days | P/L % | Action | R | |
| Standard entries (Buy) - Trend following | ||||||||||
| Antero Resources | AR | 35.68 | 4 | ➤ | 38.86 | -0.65 ▼ | 34 | +2.62% | Sell | -0.59▼ 16 |
| Special entries (spBuy or dBuy) - Swing trading | ||||||||||
| RMBS was bought on a dBuy signal at $87.3 ( Sep 8). CRUS was bought on a spBuy++ at $108.92 ( Aug 31). LUV was bought on a spBuy+ signal at $41.75 ( Aug 26). DECK was bought on a spBuy signal at $90 ( Aug 20). | ||||||||||
| Cirrus Logic | CRUS | 118.00 | 11 | 117.05 | 2.28 ▲ | 1 | -4.14% | -0.94▼ 5 | ||
| Deckers Outdoor | DECK | 77.96 | 7 | 87.52 | -7.45 ▼ | 41 | +25.06% | spBuy | -0.92▼ 77 | |
| Southwest Airlines | LUV | 39.15 | 3 | 40.89 | -1.97 ▲ | 26 | +13.38% | -0.08▼ 0 | ||
| Rambus Inc | RMBS | 81.41 | 10 | 89.99 | -2.66 ▼ | 67 | +43.07% | -0.59▼ 2 | ||
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Hover or tap on an item in the "Action" column for strategic advice.
Hover or tap in the "Days" column to see details for the current position (based on "Mode").
Hover or tap in the weekly trend ("Tr") column to get the weekly reversal level.
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