Finally…the 43 week SMA of the S&P 500 went into the black today.
“Timing: IN stocks (+0.9% vs. SMA)”
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Do you not use “end-of-week” closing price?
Sounds like you use a rolling 43 week chart …?
Do you not use “end-of-week” closing price?
Sounds like you use a rolling 43 week chart …?
Hey, don’t harsh my mellow!
The script runs every weekday at 5PM and emails me the current data. I don’t take action on timing signals during the week, only on the weekend. But I see the current state of the signal every day.
On Tuesday, the last day of the week is…Tuesday.
Anyway, I was happy to see the SMA finally turn into the black. It’s been in the red every day for the last month. Longer probably, but emails in Trash get deleted when they are 30 days old.
Been watching it creep up a little at a time from -6.4%. Now suspect that the downturn is probably behind us.
BWDIK?
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I don’t take action on timing signals during the week, only on the weekend. But I see the current state of the signal every day.
This is how I was reading it but wasn’t sure. Thanks
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Interesting. I told someone yesterday that I thought things recovered too quickly and I expect things to decline from here. I didn’t do anything about it and of course today is only one day. The SPY is now down ~7% for the year. My view might be a bit off since my portfolio at yesterday’s close was only 2% off its high.
I’d prefer if I was wrong and things are up and up for a bit.
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