An Important New Tiger Buy Signal Is To Be Added:
Closing Power Take-Off
I want to show you some new research tonight on the stocks
whose Closing Power
rose more as a percentage of current price than at any time
in the last several months.
What caused me to spot this was how useful big jumps in the
blue Tiger candle stick
charts are. A very simple set of rules seems to bring
a success rate well over
75%. The tables below also show that many
stocks recently have shown unusual
buying by Professionals. I will need to develop and
test a corresponding Sell
signal. The charts shown here show Tiger Buy
B7s. But I'm thinking of renaming
it a Buy B13. That signal now can be placed on our
charts using a different
pull-down choice, so we lose nothing in replacing it with
the Closing Power Take-Off
Buy Signal. I will make the change and place the
revised Peerless/Tiger program
on the Elite Page in a few days. I want to see if the
reverse works as a Sell signal.
Tables Showing Successes and Failures of
New Closing Power Take-Off Buy
Signal in 2014
New
CP Buy
Success
Rate
(Successes/(Successes + Failures)
30
14A Stocks
40/52
76.9%
30
NASDAQ-100 Stocks 53/61
86.9%
30
DJI Stocks
51/62
82.3%
8
Big ETFs
18/20
90%
New Tiger Closing Power Buy Signals (Shown in charts as B7s) 30 14A Stocks 40 successes 12 failures 76.9% Success Rate (excluding recent signals) Successes Failures New Signals (Too recent to count) ----------------------------------------------------------- A 2 1 AA 1 AAMC 2 AAME to low priced and thin AAN 2 1 (far below 65-dma) AAON 1 1 AAP 3 AAPL 2 1 AAT 2 AAU 2 AAV 2 1 AAWW 2 1 AAXJ 1 1 1 (Failure here actually showed a good 5-day rally but then fell to new lows.) AB 2 1 ABAX 2 1 ABB 2 ABBV 1 (to UB) 2 ABC 2 1 ABCB 1 1 ABCO 1? (Far below 65-dma) ABG 2 ABIO low priced and thin. <700 ABM 2 (rally to 65-dma) ABT 1 1 ABTL 1 (stopped at falling 65dma) ABX 2 ACAD 1 (big price spike up on day of signal) ACAS 1 1 ACAT 1 1 1 (Good rally but stopped at falling 65-dma) ACC 2 ----------------------------------------------------- 39 11 13 rising but still open. |
New
Tiger Closing Power Buy Signals (Shown in charts as B7s) 30 QQQ Stocks 53 successes 8 failures 86.9% Success Rate (excluding recent signals) Successes Failures New ------------------------------- AAPL 2 1 ADBE 1 ADI 1 (to upper band) ADP 3 ADSK 2 1 flat for 3 mo. AKAM 1 ALTR 1 1 ALXN 2 AMAT 2 1 AMGN 2 AMZN 1 1 (bad to buy at falling 65-dma) APOL 1 2 ATVI 1 AVGO 3 BBBY 1 1 flat for 2 months and then up. BIDU 1 1 BIIB 2 1 BRCM 3 CA 2 1 (far below falling 65-dma) CELG 2 CERN 2 CHKP 2 CHRW 2 CMCSA 2 COST 2 CSCO 1 1 (hit falling 65-dma and 5% gain became loss.) CTRX 3 CTSH 1 1 CTXS 2 DISCA 1 1 ------------------------------------------ 53 8 7 |
New
Tiger Closing Power Buy Signals Successes Failures New ------------------------------- AXP 1 BA 2 1 CAT 2 CSCO 1 1 CVX 3 1 DD 1 1 DIS 1 GE 1 1 GS 2 HD 3 IBM 3 INTC 3 JNJ 2 1 JPM 2 1 KO 2 MCD 1 1 MMM 2 MRK 2 1 (slightly up in 3 months) MSFT 3 NKE 1 PFE 1 1 PG 2 T 1 1 TRV 1 1 UNH 2 UTX 2 V 1 1 VZ 1 1 WMT 2 XOM 1 1 -------------------------------------------- 51 11 5 |
New Tiger Closing Power Buy Signals (Shown in charts as B7s) 8 Big ETFS 18 successes 2 failures 90% Success Rate (excluding recent signals) Successes Failures New ------------------------------- DIA 1 1 (only 3 day rally) FAS 2 1 (obvious head/shoulders pattern) IBB 3 IWM 3 MDY 3 QQQ 2 SPY 2 TNA 2 -------------------------------------------------- 18 2 |