| To: rimshot who wrote (221) | 2/5/2022 4:00:05 PM | | From: rimshot | | | | XLK, XLF, XLV, XLY continue to routinely display Relative Strength
horizontal problem areas when looking back 8 months ...
the up moves above key horizontal levels are often not lasting for very long
XLK vs. SPY daily ratio ( relative strength ) -
stockcharts.com
XLF vs. SPY daily ratio ( relative strength ) -
stockcharts.com
XLY vs. SPY daily ratio ( relative strength ) -
stockcharts.com
XLV vs. SPY daily ratio ( relative strength ) -
stockcharts.com
* shown above for future vigilance are the daily ratio charts for XLK XLF XLY XLV vs. SPY
to visually identify with ease whether relative performance by each of the four symbols is
improving or declining relative to the SPY price action ...
thereby, understanding their contributing or diminishing characteristic for the current
SPY price action since Friday February 12, 2021
( Tuesday February 16, 2021 saw one of the earlier new record price highs for SPY )
======================================================================
shown below is a cut & paste of my comments with S&P 500 sectors, as of
April 1, 2021 for the purpose of comparing the current Feb. 4, 2022
total percentage change to the April 1, 2021 percentage change
using the identical chart start date of Feb 12, 2021 for:
daily ratio charts for XLK XLF XLV XLY XLC XLI XLP XLE XLU XLRE XLB vs. SPY price action:
* data below is ranked in descending order of Percentage influence on the total value
of the S&P 500 index using the April 1, 2021 Morningstar.com statistics based on
Market Capitalization dollar value for each sector Spyder
1. higher highs, , pattern as of April 1, 2021
Feb 4, 2022 close by the selected daily ratio's vs. SPY price action since the Friday February 12 close:
XLF at 14.24% of SPY value - the XLF vs. SPY ratio has gained 7.31% since Feb 12 to April 12, 2021
stockcharts.com
XLI at 9.14% of SPY value - the XLI vs. SPY ratio has gained 7.19% since Feb 12 to April 21, 2021
stockcharts.com
XLP at 6.50% of SPY value - the XLP vs. SPY ratio has gained 1.64% since Feb 12 to April 21, 2021
stockcharts.com
XLE at 2.84% of SPY value - the XLE vs. SPY ratio has gained 11.19% since Feb 12 to April 21, 2021
stockcharts.com
XLU at 2.64% of SPY value - the XLU vs. SPY ratio has gained 0.56% since Feb 12 to April 21, 2021
stockcharts.com
XLRE at 2.47% of SPY value - the XLRE vs. SPY ratio has gained 3.17% since Feb 12 to April 21, 2021
stockcharts.com
XLB at 2.34% of SPY value - the XLB vs. SPY ratio has gained 4.90% since Feb 12 to April 21, 2021
stockcharts.com
2. higher highs & lower lows, , pattern as of April 1, 2021
Feb 4, 2022 close by the selected daily ratio's vs. SPY price action since the Friday February 12 close:
XLC at 11.02% of SPY value - the XLC vs. SPY ratio has lost 0.02% since Feb 12 to April 21, 2021
stockcharts.com
3. lower highs, pattern as of April 1, 2021
Feb 4, 2022 close by the selected daily ratio's vs. SPY price action since the Friday February 12 close:
XLK at 23.69% of SPY value - the XLK vs. SPY ratio has lost 4.30% since Feb 12 to April 21, 2021
stockcharts.com
XLV at 12.94% of SPY value - the XLV vs. SPY ratio has lost 2.71% since Feb 12 to April 21, 2021
stockcharts.com
XLY at 12.18% of SPY value - the XLY vs. SPY ratio has lost 2.67% since Feb 12 to April 21, 2021
stockcharts.com
* descriptor above for the pattern characteristic is taken from
the Feb 12 to April 1, 2021 period
and
is the overall general pattern since Feb 12, not considering lower ratio highs
achieved in March or April
** Relative Strength is the term used to describe XLK:SPY daily ratio,
and as an example
XLK, XLF, XLV, XLY = 63% of the S&P 500 index, which weights each of the 500 individual
stock components using the dollar value of each stock's Market Capitalization as a percentage
of the index's total Market Capitalization value
( approx. 63% according to the Morningstar.com April 1, 2021 update )
|
| | stocks for medium & long-term hold durations | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| To: rimshot who wrote (195) | 2/6/2022 8:02:04 AM | | From: rimshot | | | | NVDA - Nvidia - Friday Feb 4 daily chart screenshot -
* in December 2021, I had the good fortune to execute relatively large order fills during
an evening extended hours session on a day that NVDA and the semi names had been
on a tear throughout that entire day... and the upward tear continued to take prices much, much
higher during the evening AH session.
The Ask price where my visible order sat and was filled to initiate a short position
in extended hours was the highest price printed during the 4 hours
of the evening extended hours session, and the highest price seen
for the remainder of December 2021.
a memorable entry for shorting NVDA for a multi-week hold, though we all know
it is the trade exit timing which is 90% of the work, so that we do not
exit trades too early or too late.
 |
| | stocks for medium & long-term hold durations | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (2) |
|
| From: rimshot | 2/6/2022 9:13:18 AM | | | | | | table showing the growth and value exposure of all the individual country ETF's in All Star Charts'
international universe
-
t.co
Notice the S&P 500 has the least amount of value relative to its growth exposure
than any other country except for Taiwan -
allstarcharts.com
 |
| | stocks for medium & long-term hold durations | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| From: rimshot | 2/6/2022 9:22:33 AM | | | | | | TSLA - Tesla - Friday Feb 4 daily chart screenshot -
* the most recent sell short timing for a multi-day hold was a relatively simple timing decision
for the actual trade entry, and
at the time I believed & posted at AJ's board that once $850 horizontal was violated from above,
700 to 750 could potentially be seen ...
now I continue to wonder if 500 to 570 will eventually be tested from above, once 600's are taken out
1228 is a key horizontal level, I have locked in my memory from earlier trade decisions,
when entering short months ago and posting in real-time at AJ's board the initiating short exposure
( extended after hours pricing not necessarily reflected in the day session charts )
* opportunities to earn profit trading TSLA whether long or short direction must be evaluated
by comparing with oppt'y trading other symbols instead
( opportunity cost of Buying Power being committed is an important criteria
for what to trade vs. trading other symbols known to the investor / trader )
 |
| | stocks for medium & long-term hold durations | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| From: rimshot | 2/6/2022 12:49:34 PM | | | | | | PTON - Peloton - daily chart screenshot, Friday Feb 4
* holding short from the $120's and $80's entries & below continues to be profitable
11.7% of the share size float is currently held short, as of the most recent reporting period
weekend WSJ article, behind a paywall for non-subscribers -
Peloton, once a darling during the pandemic, has seen its stock slump
and it is now drawing interest from potential suitors, including Amazon
The maker of stationary bikes faces pressure from activist investor as its share price sags
t.co
 |
| | stocks for medium & long-term hold durations | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| To: rimshot who wrote (227) | 2/7/2022 5:30:01 AM | | From: rimshot | | | | PTON - Peloton - 528,584 shares have already traded as of 3:27 a.m. Feb 7
now printing 30.30. by 30.36 vs. 24.60 Friday close
Nike and Amazon being reported since Friday as possible suitors for PTON |
| | stocks for medium & long-term hold durations | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
| |
