Bears and their Bad Breadth
Week 02 - SP500 Update
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TL;DR
Breadth? Bears and their bad Breadth!
🏦 Financials just ahead of 🏗️ Industrials
🚜 📡 🏥 🛳️ all catching up.
⑦ Mag 7 distinctly BiPolar
Another chart to chew on.
Trigger_4 is a negative momentum trigger trying to capture a mean reversion trade for a low, you can see that it had a huge spike in April.
Trigger_8 is a continuation or trend trigger. Our main Strength of Signal value goes from -1 to +1. Trigger_8 occurs when a ticker moves from the negative side through 0 into positive.
We now have ~100 tickers doing that in the SP500.
Paid subscribers can get access to all the usual spreadsheets showing every tickers in the SP500 whether it is a portfolio position or not.
New user guide - Paid Portfolio Posts
Hot Takes with Hank
Think pieces!
