Certain dates in the calendar are rich in events. This is clearly the case for March 15, which is the day of Julius Caesar’s assassination, Christopher Columbus’ return to Europe after the “discovery” of America, the registration of the first…Continue Reading →
The important thing in trading this market is that our model exited long ETF’s and hedged the green portfolio when the SPX 5140 and NDQ 18370 targets were hit. This also meant the RUT laggard was exited in 2100 area….Continue Reading →
It is alert time. The rally today for the SPX and NDX indexes into a test of the high day sets up the potential for a failure trigger in the Climate Tech model. If triggered, we will see the model…Continue Reading →
The Climate Tech Model as of this morning is now at net zero directional exposure. The model is designed to be contrarian at strategic points and employs long/short positions at those points. It has learned it cannot be contrarian all…Continue Reading →
Here is a summary of where the Climate Tech Model is at the moment. It would appear that we are in a market topping formation as of this past week as a couple of signals flopped around during the week…Continue Reading →
Climate Tech Model pulled off the short ETF hedges today, however it remains on the sidelines in the Chip and software support areas. Market appears to be moving more to application, small cap areas.
Markets are getting close to the Climate Change Models objectives for the first quarter of 2024, should be a little more, but maybe not, so it dumped the NVDA and SOXL long positions here and put on some SPXS leveraged…Continue Reading →
Here I cut and pasted a couple of items that I ran across this Saturday morning while I was drinking my first cup of coffee. Both seem to be relatively on target. Guru 1.. Inflation is proving to be…Continue Reading →
Looking through the numbers today we see the first quarter 2024 Russell 2000, RUT ETF objective being raised a bit to 2247, a little short of the November 2021 high.
The market is broadening out as of this week, especially yesterday. Our Climate Change Model is showing that second stage climate stocks, the climate application stocks, are starting to gain on first stage Chip and AI stocks that have been…Continue Reading →