| Major indexes | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Name | Close | Tr | Mode | RevL (D) | MoM (D) | Days | P/L % | Action | |
| S&P 500 | ^SPX | 7744.06 | 26 | 7707.60 | 2.63 ▼ | 18 | -0.34% | ||
| Nasdaq 100 | ^NDX | 29935.59 | 26 | 30604.15 | -0.57 ▼ | 1 | -1.38% | ||
| Russell 2000 | ^RUT | 2767.27 | 3 | 2852.99 | -5.25 ▼ | 39 | +7.98% | ||
| Gold (spot) | $XAUUSD | 4171.00 | 1 | 4236.87 | -1.82 ▲ | 32 | +3.70% | ||
| US Oil ETF | USO | 157.31 | 12 | 146.08 | 2.84 ▲ | 10 | +9.58% | ||
| iSh. 20+ Y Tr. Bond ETF | TLT | 79.97 | 14 | ➤ | 78.38 | -1.07 ▲ | 32 | +2.34% | Buy |
| Bitcoin | BTC_X | 82133.70 | 7 | 84095.02 | -1.89 ▼ | 7 | -0.55% | ||
The SPX can not unglue from the 7700 level, but under the hood there is significant rotation as traders get back into more defensive and out of favor stocks.
TLT is going into bullish mode, and with the weekly RevL at $83 it may go on to double green status. How things can change.
Stock positions:
EFX is on a standard Buy signal and moves into the bullish mode category. We bought it on spBuy at $141 a few weeks ago. That means most of the risk is now gone from this trade and we can use that cushion to add another position.
ODFL is on a standard Buy signal and will be added at the Open price today. I will post the setup chart on X.
DECK has been a problem trade, but is bouncing back nicely now. We planned to get out on the first good rebound move and that's now. We will close out this position at the Open today and take the small loss.
| Stocks | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Name | Close | Tr | Mode | RevL (D) | MoM (D) | Days | P/L % | Action | R | |
| Trades in bullish mode - Trend following | ||||||||||
| ODFL will be bought on a standard Buy signal at the Open today (Oct 16). EFX was bought on a spBuy+ signal at $141 (Sep 30). DECK was bought on a spBuy signal at $90 (Aug 20). |
||||||||||
| Deckers Outdoor | DECK | 86.58 | 11 | 81.42 | 4.50 ▲ | 3 | +1.81% | -1.06▼ 81 | ||
| Equifax Inc | EFX | 161.26 | 4 | ➤ | 152.94 | 0.10 ▲ | 28 | +10.26% | Buy | -0.89▼ 98 |
| Old Dominion Freight Line | ODFL | 188.88 | 5 | ➤ | 180.59 | 2.47 ▲ | 55 | +15.52% | Buy | -0.50▼ 3 |
| SpBuy and dBuy entries - Mean reversal + Swing trading | ||||||||||
| OC was bought on a spBuy+ signal at $124.92 (Sep 21). NFLX was bought on a spBuy signal at $67.51 (Oct 6). BAC was bought on a spBuy signal at $54.27 (Oct 6). BMRN was bought on a spBuy signal at $54.75 (Oct 14). | ||||||||||
| Owens Corning | OC | 113.69 | 4 | 127.30 | -5.90 ▲ | 39 | +23.39% | dBuy | -0.42▼ 2 | |
| Netflix Inc | NFLX | 72.61 | 24 | 73.73 | -0.44 ▲ | 21 | +5.59% | -0.85▼ 47 | ||
| Bank of America | BAC | 51.70 | 3 | 56.26 | -5.94 ▲ | 23 | +12.92% | 0.23▷ 11 | ||
| BioMarin Pharmaceuticals | BMRN | 56.05 | 1 | 59.53 | -7.63 ▲ | 22 | +13.07% | -0.37▼ 174 | ||
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