TigerSoft and Peerless Daily Hotline
(C) 1985-2017 William Schmidt,
Ph.D. www.tigersoft.com
All rights strictly reserved.
Tiger
Software 858-273-5900 PO Box
22784 San Diego, CA 92192 Email william_schmidt@hotmail.com
IMPORTANT
3/5/2017
Please
start using
http://www.tigersoft.com/HHLL217/INDEX.html
--------------------------------------------------------------------
Previous Addresses
www.tigersoft.com/HHLL217/INDEX.html
http://www.tigersoft.com/345HLN12/ZINDEX.html
http://www.tigersoft.com/333HLLL/INDEX.html
http://www.tigersoft.com/444HL444/INDEX.html
www.tigersoft.com/119HLPAZ/INDEX.html
http://www.tigersoft.com/888HLAZ/INDEX.html
www.tigersoft.com/821-HL/INDEX.html
http://www.tigersoft.com/816-HLN/INDEX.html
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HELP
A Guide To Profitably Using The
Tiger Nightly HOTLINE
Introduction to Tiger/Peerless Buys and Sells.
Peerless Buy and Sell Signals: 1928-2016
Individual Peerless signals explained:
http://tigersoftware.com/PeerlessStudies/Signals-Res/index.htm
http://www.tigersoft.com/PeerInst-2012-2013/
Explanation of each Peerless signal. http://www.tigersoft.com/PeerInst-2012-2013/
Different Types of
TigerSoft/Peerless CHARTS, Signals and Indicators
Peerless Signals and DJI Charts
- version 7/4/2013
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1965-6
1966
1966-7
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1967-8
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1968-9
1969
1969-70
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2010-11
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Documentation for
TigerSoft Automatic and Optimized Signals.
How reliable support
is the DJI's rising 200-day ma?
SPY
Charts since 1994: Advisory Closing Power S7s, Accum. Index, 65-dma, Optimized Signals.
Previous Hotlines - www.tigersoft.com/55HL55/INDEX.html
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
1/19/2016 ---> Corrections,Deeper
Declines and Bear Markets since 1945.
1/21/2016 --->
High
Velocity Declines since 1929
2/12/2016 ---> Presidential
Elections Years and Bullish IP21 Positive Non-Confirmations at Lower Band.
2/12/2016 ---> OBV NNCs on DJI's Rally to
2.7% Upper Band when DJI's 65-dma is falling.
11/6/2016 --->
Killer Short Selling Techniques: ===> Order Here ($42.50)
It's As Easy as 1,2,3
TigerSoft "Combination" Short-Selling... Easy as 1-2-3 Short Sales
Earlier Q-Answers
QuickSilver Documentation (1/11/2016)
Our Different Signals
Better understand the difference between
Peerless DJI-based signals,
the one-year optimized red Signals and the fixed signals based
on technical developments.
Introduction to Tiger/Peerless Buys and Sells.
Different Types of
TigerSoft/Peerless CHARTS, Signals and Indicators
New TigerPeerless Installation and
Basic Uses' Instruction (11/25/2016)
See the re-written materials on TigerSoft Buys and Sells.
A few more pages will be added. But users could print this
main Installation and Uses' Page for reference.
==========================================================================
3/2/2017 Peerless Remains on a Buy.
Leading ETFS will most likely
fall back only to their rising 21-day ma. Once the natural urge to take
profits is over, I would think aggressive buyers will again come into the
market. The key ETFs have not yet broken their steep uptrends. There
are no signs of Distribution and no head/shoulders patterns. Lagging
Hourly Up volume probably means a period of positive consolidation.
While short-term traders are being invited to take profits, sharp sell-offs are
commonly quite brief in bull markets.
I would just hold long position in DIA, SPY, QQQ, FAS and
TECL.
DJIA www.tigersoftware.com/PICS/DATA.gif
DIA www.tigersoftware.com/PICS/DIA.gif
SPY www.tigersoftware.com/PICS/SPY.gif
QQQ www.tigersoftware.com/PICS/QQQ.gif
TECL www.tigersoftware.com/PICS/TECL.gif
FAS www.tigersoftware.com/PICS/FAS.gif
Republicans in Congress and the Trump Administration will now be placing
a high priority on TAX CUTS as a way to spur the stock market onward
and upward. But they will have to go beyond this and move on Public
Works. (A Domestic Marshall Plan could be justified.) Otherwise, there
will be a stock subsidence while the market waits to see if the FED is
going to boost rates.
My guess is that we will keep getting a steady stream of bullish news
from Congress and the Administration. Republicans in Congress fully
appreciate that a big, brash bull market has much more public appeal than
worrying about the big, bad Russian bear, as orthodox Democrats,
CNN and the New York Times are now wont to do, to the point of it being an
obsession.
By itself, tax cuts will certainly boost the stock market. But that may not
translate into a lasting economic boom based on a surge of consumer buying.
In the 1920s, the Republican Bull Market was heavily dependent on
breakthroughs in consumer goods (autos, radios, home appliances,
movies and airplanes) and in new ways for ordinary folks to finance
the purchase of these things. There is not much like this now. So, without a
huge
Public Works program, the danger is that the stock market will eventually
again far outpace the Real Economy, as it did finally in 1929. But we are
not even close to that point now.
Again look at the DJI chart of 1929. Our A/D Line now is rising.
In 1929, the NYSE A/D Line was falling, showing that more and more companies
were suffering sales' and profits' declines. Our Accumulation Index is
very blue (positive) now. In 1929, our Accumulation Index turned a red for
months before the DJI topped out. Insiders had become heavy sellers.
DJI - 1929 www.tigersoftware.com/PICS/DATA1929.gif
------------------------------ TO REGULARLY UPDATED CHARTS
--------------------------------
3/2/17: PEERLESS DJI,
Signals, Indicators DJI-IPA
DJI-13
Hourly
DJIA
S&P
OEX
NYSE
NASDAQ COMPQX with
Closing Power
DIA
SPY
QQQ
MDY
IWM
Short Term
Interest Rates DJI-Utilities
DJI-Transp
A/D Line-6000
Stocks
Crude Oil FAS GLD BBH IBB JETS JNUG KOL NUGT OIH
OIL
RSX
RETL
SLV
SOXL
TECL
TMF
TNA YINN
To STOCKS
AAPL
AMZN
BIDU
CAT
FB GOOG GS
IBM
MSFT
NVDA JPM
Others REN, JJC, WEAT
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3/2/2017
Bullish Special Situations
MASI www.tigersoftware.com/HL/3-2-2017/MASI.gif
AZPN www.tigersoftware.com/HL/3-2-2017/AZPN.gif
CNP www.tigersoftware.com/HL/3-2-2017/CNP.gif
STM www.tigersoftware.com/HL/3-2-2017/STM.gif
Bearish Special Situations
TEVA www.tigersoftware.com/HL/3-2-2017/TEVA.gif
HK www.tigersoftware.com/HL/3-2-2017/HK.gif
GPRO www.tigersoftware.com/HL/3-2-2017/GPRO.gif
BKS www.tigersoftware.com/HL/3-2-2017/BKS.gif
BBOX www.tigersoftware.com/HL/3-2-2017/BBOX.gif
===================================================================================
3/1/2017 Peerless Buys vindicated and
how. WOW!
|
The Trump Rally continues! Look at our favorite big ETFs soar.
Of course, we have had lots of reason to be bullish. I gave a long list last night.
See www.tigersoft.com/HHLL217/INDEX.html
But what made the biggest difference in keeping us bullish in last few day
was the way the key ETFs Closing Powers were rising steeply exactly when
Opening Power was sagging. Once again Professionals "trumped" the
Public.
And today, more of the same: even with higher openings, prices kept
rising. Now in all-time high territory no one knows wheaten to sell.
Doing Nothing Is Sometimes Very Difficult.
The great trader from the 1920s, Jesse Livermore, said the hardest things
to learn were buy on strength and, above all, then be patient and let one's
shares appreciate.
This seems like the second half of the 1920s! Follow Livermore's advise,
but watch the Professionals using our Closing Power. As long as it is rising,
unexpected dangers are not a problem.
DJIA www.tigersoftware.com/PICS/DATA.gif
DIA www.tigersoftware.com/PICS/DIA.gif
SPY www.tigersoftware.com/PICS/SPY.gif
QQQ www.tigersoftware.com/PICS/QQQ.gif
TECL www.tigersoftware.com/PICS/TECL.gif
FAS www.tigersoftware.com/PICS/FAS.gif
-
------------------------------ TO REGULARLY UPDATED
CHARTS --------------------------------
3/1/17: PEERLESS DJI,
Signals, Indicators DJI-IPA
DJI-13
Hourly
DJIA
S&P
OEX
NYSE
NASDAQ COMPQX with
Closing Power
DIA
SPY
QQQ
MDY
IWM
Short Term
Interest Rates DJI-Utilities
DJI-Transp
A/D Line-6000
Stocks
Crude Oil FAS GLD BBH IBB JETS JNUG KOL NUGT OIH
OIL
RSX
RETL
SLV
SOXL
TECL
TMF
TNA YINN
To STOCKS
AAPL
AMZN
BIDU
CAT
FB GOOG GS
IBM
MSFT
NVDA JPM
Others REN, JJC, WEAT
----------------------------------------------------------------------------------------------------------------------
----
The hotline is abbreviated tonight and tomorrow. My main computer failed.
Workmen's pounding on the roof after the heavy recent rains was too much
for it. The vibrations did it in, I'm afraid. And tomorrow and Thursday they
will be doing more loud pounding, so we will have to wake up early and
get out of here. The MAXCPs and MINCPs and the Sector Ranking will
resume this weekend. Thanks for patience. That's the word of the day!
========================= ========================================================
=================================================================================
1-20-2017 Now Trump Must
Produce. The partisan
enthusiasm has peaked with the Inauguration.
Last Friday's high may prove to be the "tipping point".
The market is becalmed and seemingly stalemated.
This will likely prove to be misleading. Much
more volatility should soon return. The direction it
takes will depend on whether the DJI breaks out or
breaks down. We should not have to wait much longer.
The Buy B4 urges us not to sell yet, but
Professionals
remain net sellers.
The rally Friday up from the 19700 support was
certainly better than a breakdown.
However, this reversal also adds technical importance to that support level.
So, the DJI must
not breakdown below 19670. That would have to be judged an S10. A decline to
the lower 3.5% band
and the rising 65-dma should then quickly follow. Whether we get a new Buy signal
there
will depend on the P-Indicator's level at this point. Right now, that indicator is
positive.
Trump Must Be Watched.
If the 10% DJI jump owes mostly to strictly partisan
buying, then the rally should be nearly over now that
the event long awaited by partisans has come true, namely
that the Inauguration has taken place. But to the extent,
that the buying has been done by non-Trump supporters
who look forward to big tax cuts and de-Regulation,
then the rally has a lot further to go, assuming Trump
himself does not get distracted or get in his own way by
tilting at wind-mills that do not really matter in his carrying
through on his promises. Examples of this would be critiquing
actors and actresses like Alec Baldwin or Merrill Streep
and attacking the mainstream media, CNN or New York Times.
Wall Street is still not sure about Trump. Hence the
DJI's
is stalemated in its narrow price range, 16675 - 20060. Until it
breaks one way or another, we can't be sure, either. The OBV-Pct
Buy B4 argues for higher prices. So does the rising NYSE A/D line
Hourly DISI-OBV Line. But our other main indicators are not
so bullish. Our Closing Powers and Tiger Trading Tools for DIA
and SPY are falling. Our Tiger IPA Indicator on the DJI is still neutral.
Our Accumulation Index is still falling.
History suggests that we will soon know which way the market will
go. Narrow trading ranges that last much more than 5 weeks seem
to all breakdown. The DJI's present narrow trading range has lasted
exactly five weeks.
Our Tiger Stocks' Hotline on the ESPage is 3:1 bullish. In other words
there are about 3x more long positions and short ones. Such a ratio
seems about right for now.
But one way to deal with the market when it is locked into
such a narrow
trading range is to look for Bullish and Bearish special situations among
our MAXCPs and MINCPs. Thursday night I suggested buying the best
of the Biotech MAXCPs and
shorting the worst among the MINCPs.
But
be careful, Biotech ETFs like BBH and IBB have been lagging in this rally
and they show weak Closing Powers.
I think we can do this with oil and gas stocks, too. This is an industry group that
often keeps rallying for a while after the DJI tops out. That was true for
the first six months of 2008. It is also true that oil/gas stocks can fall while
the DJI rises. This was true from August 2014 to December 2015.
The Tiger Power Ranker's most Bullish Oil/Gas stocks now are:
REN
SGU
CWEI
GIFI and PHX
Take a look also at low-priced and low volume LLEX.
Its most bearish stocks and ETFS are:
TDW, SWN, MTP, CVE and OIL
------------------------------ TO REGULARLY
UPDATED CHARTS --------------------------------
1/20/17: PEERLESS DJI, Signals, Indicators
DJI-IPA DJI-13 Hourly DJIA
S&P OEX NYSE NASDAQ COMPQX with Closing Power
DIA SPY QQQ MDY IWM
Short Term Interest Rates
DJI-Utilities
DJI-Transp
A/D Line-6000 Stocks
Crude Oil FAS GLD BBH IBB JETS JNUG KOL NUGT OIH OIL
RSX RETL SLV SOXL TECL TMF TNA YINN
To STOCKS
AAPL AMZN BIDU CAT FB GOOG GS IBM MSFT NVDA JPM
1/20/2017 BULLISH MAXCPs
BEARISH MINCPS
RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA
1/20/17
---------------------------------------------------------------------------------------
Directory Current day-1 day-2 day-3 day-4 day-5
----------------------------------------------------------------------------------------
BIGBANKS 100% 1 1 1 1 1
EDU 100% 1 1 1 1 1
INFRA 100% 1 1 1 1 .909
JETS 100% 1 1 1 1 1
REGBANKS .916 .861 .944 .972 1 1
PIPELINE .888 .777 .777 .888 .888 .888
GOLD .886 .735 .773 .943 .679 .603
MORNSTAR .878 .865 .907 .911 .903 .899
FINANCE .86 .87 .924 .903 .913 .913
NIFTY .857 .857 .857 .857 .885 .885
FOOD .8 .733 .8 .8 .733 .8
TRANSP .8 .8 .9 .85 .85 .85
SP-100 .793 .783 .835 .824 .793 .804
INSURANC .789 .842 .842 .789 .815 .815
SEMI .783 .766 .775 .766 .8 .775
REIT .781 .734 .812 .807 .755 .76
HOMEBLDG .777 .777 .888 .944 .944 .888
AUTO .775 .775 .875 .85 .875 .875
DOWJONES .766 .766 .8 .8 .8 .8
INDEXES .764 .756 .785 .798 .777 .764
ELECTRON .757 .726 .747 .752 .778 .742
INDMATER .757 .717 .808 .808 .818 .797
RUS-1000 .757 .749 .797 .786 .778 .759
UTILITY .755 .755 .888 .866 .8 .822
SP500 .752 .742 .798 .777 .752 .752
COMODITY .75 .666 .68 .805 .666 .708
ETFS .75 .75 .764 .75 .794 .764
SOFTWARE .75 .718 .718 .734 .734 .718
NASD-100 .731 .752 .784 .784 .774 .784
HACKERS .722 .722 .722 .611 .611 .555
OILGAS .72 .677 .72 .726 .714 .751
HOSPITAL .714 .714 .714 .714 .714 .714
N=34 (Count above .667 is bullishly rising)
MILITARY .666 .644 .644 .6 .755 .666 COMPUTER .64 .72 .64 .64 .68 .6 CHEM .605 .605 .718 .718 .732 .718 GAMING .6 .533 .6 .633 .666 .6 GREEN .548 .483 .548 .548 .58 .516 BIOTECH .474 .482 .505 .498 .595 .552 SOLAR .473 .526 .473 .526 .526 .421 CHINA .446 .415 .446 .4 .353 .261 COAL .444 .333 .444 .333 .555 .444 RETAIL .37 .407 .425 .444 .425 .407
BONDFUND .261 .306 .504 .531 .513 .477 BEVERAGE .25 .25 .3 .3 .25 .25 N=2
============================================================================================
1-19-2017 A new era starts tomorrow. How Wall Street greets the new President
will be important. But how Trump greets the immense new responsibilities
he takes on will be even more important. Fixed opinions about him prevail.
It will be very difficult for him to get his enemies to relent.
He will need to quickly deliver on his promises of lower taxes if Wall Street is to
keep rising. Bear markets soon descended on Nixon, Reagan and
Bush
after they were first inaugurated.
Nixon 1969
Reagan 1981
Bush II 2001
I would consider a DJI close below 19675 to be a judged Sell S10.
The highest
priced and most heavily weighted DJI stock, Goldman Sachs, has already violated
its recent support. This has cause our DJI-13 chart to look like a high diving
board,
even though FAS, the leveraged ETFs of Banks and Financials is still above its
support.
Tomorrow we should watch the DJI and FAS to see if they do break their support
levels. If they do, a pullback to the support of their rising 65-dma would seem
highly
likely. One could with good reason short DIA and FAS and stay short them so
long as their Closing Powers are falling. Watch breadth tomorrow. Another
day like today where there are more than 1450 down than up would bearishly
break the A/D Line uptrend and confirm a DJI breakdown.
Another trading tactic I'd suggest would be to hedge with some of
the Bearish
MINCP biotechs as short sales. These look very vulnerable.
1/19/17: PEERLESS DJI, Signals, Indicators
DJI-IPA
DJI-13 Hourly DJIA
S&P OEX NYSE NASDAQ COMPQX with Closing Power
DIA SPY QQQ MDY IWM
Short Term Interest Rates
DJI-Utilities
DJI-Transp
A/D
Line-6000 Stocks
Crude Oil FAS GLD BBH IBB JETS JNUG KOL NUGT OIH OIL
RSX RETL SLV SOXL TECL TMF TNA YINN
To STOCKS
AAPL AMZN BIDU CAT FB GOOG GS IBM MSFT NVDA JPM
More Thoughts on Inauguration
A quick reversal and breakout by the DJI above
20000 would greatly shore up investor confidence.
So would a small decline with successful retest of
the DJI's 65-dma followed by a rally to new highs.
But the country is very divided. Trump has so many
entrenched enemies. They will seek to bait and distract him
once he becomes President. How will Trump react?
No one really knows. He frightens many. Wall Street
observers need to see if Trump can stay on track to deliver
what he has promised. More than anything, many
will want to see Trump remove doubts about his belligerent
and shoot-from-the-hip style. Wall Street. after all, values
predictability much more than personality.
Right now, fears
and doubts about what a Trump Presidency may mean
are temporarily outweighing the potential good his Administration could
do for investors with by much lower taxes and a more lenient regulatory
climate. This is may only be temporary. It all depends on how Trump
carries himself as President. Right now, Professionals want to see some evidence
that he will be able to deliver on what he has promised. They are quietly in
selling mode, on balance. Tomorrow and early next week, we will see
if the all-important DJI can still find find support near its recent lows near 19680.
RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA
1/19/17
---------------------------------------------------------------------------------------
Directory Current day-1 day-2 day-3 day-4 day-5
----------------------------------------------------------------------------------------
BIGBANKS 100% 1 1 1 1 1
EDU 100% 1 1 1 1 1
INFRA 100% 1 1 1 1 1
JETS 100% 1 1 1 1 1
MORNSTAR .903 .907 .911 .903 .899 .911
FINANCE .87 .924 .903 .913 .924 .913
REGBANKS .861 .944 .972 1 1 1
NIFTY .857 .857 .857 .885 .914 .914
INSURANC .842 .842 .789 .815 .842 .868
TRANSP .8 .9 .85 .85 .85 .9
SP-100 .783 .835 .824 .793 .804 .804
HOMEBLDG .777 .888 .944 .944 .944 .888
PIPELINE .777 .777 .888 .888 .888 1
AUTO .775 .875 .85 .875 .875 .925
DOWJONES .766 .8 .8 .8 .8 .8
INDEXES .756 .785 .798 .777 .764 .768
UTILITY .755 .888 .866 .8 .822 .822
NASD-100 .752 .784 .784 .774 .784 .774
ETFS .75 .764 .75 .794 .735 .72
RUS-1000 .749 .797 .786 .778 .76 .768
SEMI .747 .756 .747 .78 .739 .772
SP500 .742 .798 .777 .752 .75 .748
GOLD .735 .773 .943 .679 .603 .622
REIT .734 .812 .807 .755 .765 .75
FOOD .733 .8 .8 .733 .8 .4
ELECTRON .73 .751 .756 .782 .735 .751
HACKERS .722 .722 .611 .611 .555 .722
COMPUTER .72 .64 .64 .68 .6 .6
SOFTWARE .718 .718 .734 .734 .718 .75
INDMATER .717 .808 .808 .818 .808 .838
HOSPITAL .714 .714 .714 .714 .714 .714
OILGAS .675 .718 .725 .712 .75 .756
N=32
COMODITY .661 .676 .802 .661 .704 .647 MILITARY .644 .644 .6 .755 .666 .688 CHEM .605 .718 .718 .732 .718 .774 GAMING .533 .6 .633 .666 .6 .633 SOLAR .526 .473 .526 .526 .421 .526 GREEN .483 .548 .548 .58 .516 .548 BIOTECH .482 .505 .501 .6 .549 .58 CHINA .415 .446 .4 .353 .261 .338 RETAIL .407 .425 .444 .425 .425 .407
COAL .333 .444 .333 .555 .444 .555 BONDFUND .306 .504 .531 .513 .432 .306 BEVERAGE .25 .3 .3 .25 .25 .35 N=3
=========================================================================================================
1-18-2017 A DJI close below
19675 will be viewed as a judged Sell S10 even though
the broken horizontal supports for this signal usually last 35 or more trading days.
The nagging fear I have is that the partisan Trump buyers will become the
"bag holders" if the DJI does not manage a breakout this week over 20000
and Professionals do not become net buyers causing the Closing Power
downtrends to be broken.
We must be careful now. Goldman Sachs fell again today and closed below its
recent support. So did JPM and our DJI-13. Without other leadership,
how will the market withstand a bigger bout of profit-taking in the handful of high priced
stocks that produced the 2000 point DJI gain since the Election? Watch
now
to see if FAS also suffers a price breakdown below its recent support.
The QQQ and NASDAQ can keep rallying a little longer, but it is the DJI which
usually leads the overall market. On the bright side, the NYSE A/D Line is still in
an
uptrend and the Hourly DJIA's OBV Line is now
stronger than the DJI's price action.
This should limit any decline to a test of the lower 3.5% band.
But with the Closing Powers
for DIA, SPY and FAS rated as bearish, let's hold off new buying.
Below we see how strength in the QQQ after the DJI had topped out in 2000, 2007
2008 did not prevent very big declines. Note, however, in all three cases Peerless
had
given its normal S9s and S12s. That is not true in our present case.
1/18/17:
To Charts
PEERLESS DJI, Signals, Indicators
DJI-13 Hourly DJIA
S&P OEX NYSE NASDAQ COMPQX with Closing Power
DIA QQQ SPY IWM MDY
Short-Term Rates DJI-Utilities DJI-Transp A/D Line-6000 Stocks
Crude Oil FAS GLD BBH JETS JNUG KOL NUGT OIH OIL
RSX RTL SLV SOXL TECL TMF TNA YINN
To STOCKS
AAPL, AMZN, BIDU CAT FB, GOOG, GS IBM NVDA JPM MSFT
BULLISH MAXCPs
BEARISH MINCPS
Trump Is Starting To Scare Republicans.
Who Is He?
The President-Elect himself is partly behind the recent market weakness. Janet
Yellen's
statement that the US is essentially at full employment now (so that interest rates should
go
up to prevent inflation) is also a bearish influence. But Yellen's cautionary
words no longer disturb
the markets like they used to.
Trump is the real problem. Republicans, by and large, were delighted with their
election victories in
the House and Senate races. And they can not find fault with the pro-business and
anti-regulation millionaires who will make up Trump's new Cabinet. So what's the
problem?
I think that it's not so much his declining poll numbers, though admittedly 30% approval
ratings
before he even starts in his job seem a big handicap for him. Rather, it's his
pro-Big Government
stances. First, he demands the right to be allowed to tell individual businesses
where they may not invest.
By implication, Adam Smith's "golden hand of the free market" does not work well
in trade matters and
Big Government knows best. For many Republicans this a big step in the wrong
direction. If Big Government
is allowed to play a role in the domestic economy in trade policies, why not in industrial
relations and in
environmental matters? Worse, Trump still sounds like a populist on health
care. He is coming very close
to telling Congress that they must make sure that no American is left without
affordable health care.
He has made himself arbiter of when Big Government knows better than private market
forces. Given his
frequent shoot-from-hip twitters, in what other ways will he challenge and weaken basic
Republican orthodoxy?
It's his impulses in the wrong directions that are giving some of the recent buyers of
stocks second thoughts
about him.
,
RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA
1/18/17
---------------------------------------------------------------------------------------
Directory Current day-1 day-2 day-3 day-4 day-5
----------------------------------------------------------------------------------------
BIGBANKS 100% 1 1 1 1 1
EDU 100% 1 1 1 1 1
INFRA 100% 1 1 1 1 .909
JETS 100% 1 1 1 1 1
REGBANKS .944 .972 1 1 1 1
FINANCE .924 .903 .913 .924 .913 .892
MORNSTAR .907 .911 .903 .899 .907 .907
TRANSP .9 .85 .85 .85 .9 .85
HOMEBLDG .888 .944 .944 .944 .888 .777
UTILITY .888 .866 .8 .822 .8 .666
AUTO .875 .85 .875 .875 .925 .95
NIFTY .857 .857 .885 .914 .914 .885
INSURANC .842 .789 .815 .842 .868 .868
SP-100 .835 .824 .793 .804 .804 .804
REIT .812 .807 .755 .765 .75 .765
INDMATER .808 .808 .818 .808 .848 .818
DOWJONES .8 .8 .8 .8 .8 .8
FOOD .8 .8 .733 .8 .4 .6
SP500 .799 .779 .754 .752 .746 .742
RUS-1000 .797 .786 .778 .76 .766 .749
INDEXES .785 .802 .777 .764 .768 .764
NASD-100 .784 .784 .774 .784 .774 .795
PIPELINE .777 .888 .888 .888 1 .777
SEMI .775 .766 .8 .758 .791 .708
GOLD .773 .943 .679 .603 .603 .622
ETFS .764 .75 .794 .735 .72 .617
ELECTRON .747 .752 .778 .731 .747 .695
HACKERS .722 .611 .611 .555 .722 .555
CHEM .718 .718 .732 .718 .774 .774
OILGAS .718 .725 .712 .75 .756 .7
SOFTWARE .718 .734 .734 .718 .75 .671
HOSPITAL .714 .714 .714 .714 .714 .428
COMODITY .676 .802 .661 .704 .647 .619
N= 33
MILITARY .644 .6 .755 .666 .688 .688 COMPUTER .64 .64 .68 .6 .6 .64 GAMING .6 .633 .666 .6 .633 .566 GREEN .548 .548 .58 .516 .548 .548 BIOTECH .505 .501 .599 .544 .552 .626 BONDFUND .504 .531 .513 .432 .297 .306 SOLAR .473 .526 .526 .421 .526 .368 CHINA .446 .4 .353 .261 .307 .292 COAL .444 .333 .555 .444 .555 .444 RETAIL .425 .444 .425 .425 .407 .5
BEVERAGE .3 .3 .25 .25 .3 .3 N = 1
==========================================================================================================
1-17-2017
> Breadth Is Bullish but
Professionals Remain Bearish.
>
Respect The Outcome of The Battle Going on between
Bulls and Bears in DJI-30.
> Watch Goldman
Sachs (GS) Tomorrow.
The DJI is moving farther and farther out to the end of what
will either be
a flat and narrow trading range
to propel itself higher on an upside breakout
or a high diving board from
which a steep sell-off will soon follow. A breakout
decisively above 20000 will bring a judged Peerless Buy
B10 . A breakdown
close below 19680 will bring a Peerless Judged S10 . The DJI's tight price range
that we are watching so closely started on December 13th. If it is not resolved
by the end of this week, it will be more than 5-weeks old. Such longevity is
usually bearish in these patterns.
High-Priced DJI Stocks Must Rally Tomorrow.
Their importance is directly related to their price. No other stock is
nearly as important as GS, which declined much more than the others today.
DJI-13 One Day Performance
1 / 13 / 2017 - 1 / 17 / 2017
Rank Symbol Name Price Pct.Gain
--------- -------------------------------------------------------------------
1 MCD McDonalds Corp 122.75 1-2%
2 IBM Int Business Machines 167.89 0-1%
3 HD Home Depot Inc 135.93 0-1%
4 TRV The Travelers Companies Inc 117.46 0-1%
5 JNJ Johnson & Johnson 114.87 0-1%
6 AAPL Apple Inc 120 0-1%
7 MMM 3M Company 177.26 -1%
8 UNH UnitedHealth Group Inc. 160.66 -1%
9 BA Boeing Co 157.67 -1%
10 CVX Chevron Corp 116.28 -1%
11 DIS The Walt Disney Company 107.97 -1%
12 UTX United Technologies Corp 109.97 -1%
13 GS Goldman Sachs Group Inc 235.74 -4%
GS's Opening Tomorrow May Be The Key
Tomorrow morning before the opening Goldman Sachs is scheduled to announce its
earnings. How it behaves then will be very important, as Goldman Sachs (GS) is by
far the
most heavily weighted stock in the most watched index of the stock market,
the DJI-30.
Today GS sold off partly because of general nervousness about its earnings plus the
new President-Elect's criticism of a strong Dollar because of how it hurts exports
and US manufacturing and helps imports of non-US goods. Wall Street roots for a
strong Dollar because they want the US to be the world's financial center. They
benefit
enormously if wealthy foreigners put their money in the US.
Today's 8+ point drop in GS sent nearly all banks and financials down. FAS
which closely rises and falls as the DJI does nearly broke its recent support.
As these have been the leaders, such a breakdown would remove the biggest
bullish sector propelling the market higher.
The Rising QQQ and NASDAQ
The QQQ and the NASDAQ are still in bullish uptrends. Their up-slope is a modest
20% annualized. The years 2000 and 2007-2008 show that they can hold up for a
month or two, if the DJI breaks down, but not much more than that.
To Tiger/Peerless Charts:
1/17/17:
PEERLESS DJI, Signals, Indicators
DJI-13 Hourly DJIA
S&P OEX NYSE NASDAQ COMPQX with Closing Power
DIA QQQ SPY IWM
Short-Term Rates DJI-Utilities DJI-Transp A/D Line-6000 Stocks
Crude Oil FAS GLD IBB JETS JNUG NUGT RSX SLV SOXL TECL YINN
AAPL, AMZN, FB, GOOG, GS MSFT
1/17/17:
Bullish MAXCP Stocks (1/13/2017)
1/17/2017 Bearish MINCP Stocks
RANKING OF KEY DIRECTORIES BASED PCT.OF STOCKS ABOVE 65-DMA
1/17/17
---------------------------------------------------------------------------------------
Directory Current day-1 day-2 day-3 day-4 day-5
----------------------------------------------------------------------------------------
BIGBANKS 1oo% 1 1 1 1 1
EDU 1oo% 1 1 1 1 1
INFRA 1oo% 1 1 1 .909 .818
JETS 1oo% 1 1 1 1 .777
REGBANKS .972 1 1 1 1 1
HOMEBLDG .944 .944 .944 .888 .777 .722
GOLD .943 .679 .603 .603 .622 .603
MORNSTAR .911 .903 .899 .907 .907 .882
FINANCE .903 .913 .924 .913 .892 .881
PIPELINE .888 .888 .888 1 .777 1
UTILITY .866 .8 .822 .8 .666 .711
NIFTY .857 .885 .914 .914 .885 .885
AUTO .85 .875 .875 .925 .95 .925
TRANSP .85 .85 .85 .9 .85 .85
SP-100 .824 .793 .804 .804 .804 .814
INDMATER .808 .818 .808 .848 .818 .797
REIT .807 .755 .765 .75 .77 .807
COMODITY .802 .661 .704 .647 .619 .633
DOWJONES .8 .8 .8 .8 .8 .8
FOOD .8 .733 .8 .4 .6 .6
INDEXES .794 .777 .764 .768 .773 .777
INSURANC .789 .815 .842 .868 .868 .868
RUS-1000 .786 .778 .76 .766 .747 .745
NASD-100 .784 .774 .784 .774 .795 .763
SP500 .784 .756 .752 .748 .739 .75
SEMI .766 .8 .758 .791 .716 .7
ELECTRON .752 .778 .731 .747 .701 .69
ETFS .75 .794 .735 .72 .602 .558
SOFTWARE .734 .734 .718 .75 .671 .64
OILGAS .725 .712 .75 .756 .7 .737
CHEM .718 .732 .718 .774 .774 .746
HOSPITAL .714 .714 .714 .714 .428 .428
N=32
COMPUTER .64 .68 .6 .6 .64 .6 GAMING .633 .666 .6 .633 .566 .466 HACKERS .611 .611 .555 .722 .555 .444 MILITARY .6 .755 .666 .688 .688 .666 GREEN .548 .58 .516 .548 .548 .516 BONDFUND .531 .513 .432 .297 .261 .225 SOLAR .526 .526 .421 .526 .368 .315 BIOTECH .501 .599 .548 .552 .622 .603 RETAIL .444 .425 .425 .407 .5 .425 CHINA .4 .353 .261 .307 .292 .184
COAL .333 .555 .444 .555 .444 .444 BEVERAGE .3 .25 .25 .3 .3 .3 N=2
=================