SMO Exclusive: Market Strength Score 2024-03-12 (No New Shorts)

Market trying to find its footing, U.S. stock market 2024-03-12 now in “No New Shorts” mode with a current +43% Market Strength Score. Yes, it changed yesterday to No New Longs. A logical question: is a quick change troublesome? No, for at least the 3 reasons noted below. First,

SMO Exclusive: Strength Report Group 1 2024-03-12

U.S. stock market 3/12/24, Gold and Silver = strengthened 3 levels in 2 weeks (4 of 10 Silver stocks >10%). If you aren’t explicitly looking everywhere in the market for strength, how will you know where and when is emerging the next pocket of strength? Conversely,

SMO Exclusive: Market Strength Score 2024-03-11 (No New Longs)

U.S. stock market 2024-03-11 now in “No New Longs” mode with a current -55% Market Strength Score. KEYS 🔹 Signal duration depends solely on objective market action measurement. 🔹 It conveys what “is” – not “why,” or for how long. 🔹 It is an objective, repeatable, and reliable tool to * enforce discipline, * prevent

SMO Exclusive: Strength Report Group 2 2024-03-11

Stock Market Strength Stacking: your P&L’s BFF. (More below.) Group 2 (loosely, Services Sector) analysis 3/11/24, 2 of 5 industries STRENGTHENED. If you’re not watching everywhere for strengthening opportunities, how do you know what you are missing? 1-week return outliers – why did the following

SMO Exclusive: Strength Report Consumer Sector 2024-03-08

Stock Market Strength Stacking: your P&L’s BFF. (More below.) Consumer Sector analysis 3/8/24, 2 of 5 industries WEAKENED. If you’re not watching everywhere for strengthening opportunities, how do you know what you are missing? CVNA, POWL, LIM, SKYW and ANF are all non-AI/not

SMO Exclusive: U.S. Stock Market Strength Report 2024-03-08 (no new Shorts)

3/8/24 comprehensive U.S. Stock Market Strength Report attached. NVDA has a 36 P/S (FY24 revenues), a $260B mid-day market cap drop, and a bearish engulfing candle to show for its Friday efforts. If you are like me you don’t care about these details, you care

Keep it simple redux - NVDA, bearish engulfing, gaps

Posting this chart and annotations found on X as a follow-up to this post - the market does not have to be so complicated. NVDA had a tough reversal yesterday 3/8/24 and lost an amazing amount of market cap in 3 hours (about $260 billion IIRC from a

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Trading Plan

If you fail to plan you plan to fail. This document summarizes my process as of March 2024. I don't foresee it changing but I'm dating it nonetheless. I do not subscribe to dogmatic labels (trading vs. speculating vs. investing, secular vs. cyclical bull and bear

SMO Exclusive: Strength Report Technology Sector 2024-03-07

3/7/24 Tech Thursday – 20% of 122 Electronics (aka Chips/Semis) industry stocks are at 5+ year highs, vs. 12% last week. The strengthening continues even as NVDA $2.317 trillion market cap / $60.9 billion FY24 sales = 38 Price/Sales ratio. In one year with 0% share price

Keep it simple - "Ignore" is an option

Like when giving red meat to a lion chartists/technical analysts lick their chops at the chance to interpret a chart. I say keep it simple. The type of gap doesn't matter. This has been a weak stock for a year and there have been many other better

SMO Exclusive: Strength Report Financial Sector 2024-03-06

Tomorrow, Tech: today, HIPO (+44% 1 week) doesn’t care that NYCB (-24%) situation not improving, previous week 3 of 4 Financial sector industries WEAKENED, week ending 3/6/24 where are we? Some recovery as Banking 84% positive stocks (page 5.1 = graphic proof of this industry’s improvement)

SMO Exclusive: Strength Report Group 1 2024-03-05

U.S. stock market 3/5/24, EV land struggling as TSLA falters and FSR (-40%) potential going concern issues. Yet TM, STLA = ATH. Metals & Mining strengthening, 18% of its stocks >10% (both Gold/Silver strengthening). Materials/Construction 70% stocks rated Strongest, 16% of its stocks at ATHs

SMO Exclusive: Strength Report Group 2 2024-03-04

Utilities showing life, not yet enough to rise a strength level. The first step in a multi-month+ rally is one up week. Stock market 3/4/24 and every day: 🔹 The stronger your stocks, the greener your P&L. 🔹 Market conditions matter. 🔹 You won’t find what you aren’

SMO Exclusive: Strength Report Group 3 2024-03-01

If looking for U.S. stock market strength don’t ignore the Manufacturing industry. 🔹 1-year POWL +306% and 25% of the industry’s stocks >40%, 🔹 18% of its 125 stocks at 5+ year highs w/1-year 44% average returns (range +3% to +94%), 🔹 56% of its stocks rated Strongest

SMO Exclusive: Strength Report Consumer Sector 2024-03-01

Consumer Sector analysis 3/1/24, ANF keeps cranking +502% since 5/4/23 vs. NVDA +199%. An ANF all-time high going back to early/mid-December when it rose above $83/share NOT on blow-out volume. Since 12/12/23: +57%. 8/23/23 it DID gap up 24% on

SMO Exclusive: U.S. Stock Market Strength Report 2024-03-01 (+42%, no new Shorts)

Do you ever wonder “what is happening in the market NOW?” 3/1/24 answer attached. Market environment = NO NEW SHORTS. You know about AI. But did you know 32 of 83 (39%) Materials & Construction stocks (including homebuilders) are at 5+ year highs and it has been the strongest

NYCB: the case against Long Term Buy and Hold

LTB&H fans will regularly provide up-and-to-the-right charts that “prove” LTB&H works. This will commonly be accompanied by an article claiming something like “$1,000 in ABC stock 20 years ago would be $xx million today!” This would be true. And misleading at the same time. It

SMO Exclusive: Strength Report Technology Sector 2024-02-29

2/29/24 Tech Thursday – a Computer Software/Services bounceback this week (67% positive stocks, 10% of 195 stocks rising >10%). ACMR +50%, ATUS +59%, NVDA and SMCI who? 12% of Electronics stocks are at 5+ year highs (including NVDA). The industries: Computer Hardware, Software/Services, Electronics, Internet, Telecommunications.

SMO Exclusive: Strength Report Financial Sector 2024-02-28

Financial sector update 2/28/24, 3 of 4 industries WEAKENED (Banking, Financial Services, Real Estate, with >80% of Banking/RE sub-industries weakening) as the fourth Beatle Insurance stands tall with 18% of its stocks at 5+ year highs, 78% positive stocks for the week, and 65% stocks rated

SMO Exclusive: Market Strength Score 2024-02-27 (+40%, No New Shorts)

U.S. stock market environment changed after 2024-02-27 trading day to “No New Shorts” mode with a current +40% strength score. Classification: “Strengthening – Mid.” Previous change to Weakening: 2024-02-23. LOGICAL QUESTION: Can this Market Strength Score be of value with such a quick change? (In this case, after 2 trading

SMO Exclusive: Strength Report Group 1 2024-02-27

U.S. stock market 2/27/24, Materials & Construction is killing it (36% of its 83 stocks are at 5+ year highs), Energy strengthened again, and Gold is still lagging (rated Very Weak, 8th strongest of 9 levels) as NEM is at 5-year lows… if you aren’t explicitly

SMO System: buy strength, sell weakness, control risk

Following is a summary of the Stock Market Organizer system for profiting in the U.S. stock market. Note that specific market conditions must be met to allow individual position entry, only in the objectively-determined direction of market tides. When in a position, market conditions are ignored and only the

SMO Exclusive: Strength Report Industry Group 2 2024-02-26

Not debatable: 🔹 The stronger your stocks, the greener your P&L. 🔹 Market conditions matter. 🔹 You won’t find what you aren’t looking for. This is all put into practice in the attached 2/26/24 analysis of Group 2 industries (loosely, the Services sector) – Diversified Services, Health Services,

SMO Exclusive: U.S. Stock Market Strength Report 2024-02-23 (-64%, no new Longs)

Want to QUICKLY understand the current market status 2/23/24? See attached. Short but meaningful (NVDA earnings) week led to a change in environment – NO NEW LONGS because as of today 2/23/24 the Market Strength Score has changed to negative at -64%. There’s a lot here

SMO Exclusive: Strength Report Technology Sector 2024-02-22

2/22/24 Tech Thursday – forget NVDA, bet you didn’t know Computer Software/Services struggled this week with 81% negative stocks and 12% of its 195 stocks falling more than 10%. Is this problematic? Who knows? But now you know. Conversely, Electronics has 14% of its stocks at 5+