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Stock Barometer

Stock Barometer

Stock Barometer

Stock Barometer is completely independent. We have never and will not ever accept compensation from any company whose stock we recommend. Our goal is to…

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The Up Move Continues

2/17/2010 8:40:30 PM

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Jeff Neal's Stock Trader - stock and stock options advisory
Targets short term stock and options profits in today's hottest stocks - subscribe today and get Jeff's eBook interviews of over 100 pro traders.

Where are all the bears?

Want to trade ETFs? Try Bill West's Fat Pitch ETF Advisory
ETF Advisor trades a diversified portfolio of the hottest Exchange Traded Funds.

Stock Barometer Analysis

The barometerremains in Buy Mode.

The Stock Barometer is my proprietary market timing system. The direction, slope and level of the Stock Barometer determine our outlook. For example, if the barometer line is moving down, we are in Sell Mode. A Buy or Sell Signal is triggered when the indicator clearly changes direction. Trend and support can override the barometer signals.

The McMillan Portfolio ($18.95/Month)
Get specific advice to manage a portfolio of Stocks and Options

Money Management & Stops

To trade this system, there are a few things you need to know and address to control your risk:

  • This system targets intermediate term moves, of which even in the best years, there are usually only up to 7 profitable intermediate term moves. The rest of the year will be consolidating moves where this system will experience small losses and gains that offset each other.
  • This system will usually result in losing trades more than 50% of the time, even in our best years. The key is being positioned properly for longer term moves when they come.
  • Therefore it is vitally important that you apply some form of money management to protect your capital.
  • Trading a leveraged index fund will result in more risk, since you cannot set stops and you cannot get out intraday.

Accordingly;

  • Make sure you set your stops so that you can lose no more than 2% per trade (based on the QQQQ if you're trading leveraged funds and options with our trading service).

Angelo Campione's Advantage Credit Spreads
Use Options to Target Consistent & Conservative Profits - over 80% annualized in 2009 with only one loss of -2.5%!

Potential Cycle Reversal Dates

2010 Potential Reversal Dates: 1/19, 1/28, 3/2, 3/23. We publish dates up to 2 months in advance.

We still see a move higher into 3/2. That's my story and I'm sticking to it...

My Additional timing work is based on numerous cycles and has resulted in the above potential reversal dates. These are not to be confused with the barometer signals or cycle times. However, due to their past accuracy I post the dates here.

2009 Published Reversal Dates: 1/20, 2/11, 3/7, 3/15, 4/8, 4/16, 4/27, 5/7, 6/8, 7/2, 7/17, 9/14, 10/10, 10/24, 11/12, 11/30, 12/9, 12/21, 12/29. 2008 Potential Reversal Dates: 12/31, 1/11, 2/1, 2/13, 3/6, 4/5, 4/22, 5/23, 6/6, 6/27, 7/13, 9/2, 10/3, 10/22, 11/10, 12/11. 2007 Potential Reversal Dates: 1/10, 1/14, 1/27, 1/31, 2/3, 2/17, 3/10, 3/24, 4/21, 5/6, 6/15, 8/29, 10/19, 11/29, 12/13, 12/23, 12/31, 1/11/08. 2006 potential reversal dates: 1/16, 1/30, 2/25, 3/19, 4/8, 5/8, 5/19, 6/6(20), 7/24, 8/20, 8/29, 9/15, 10/11, 11/28. 2005 Potential reversal dates: 12/27, 1/25, 2/16, 3/4, 3/14, 3/29, 4/5, 4/19, 5/2, 6/3, 6/10, 7/13, 7/28, 8/12, 8/30-31, 9/22, 10/4, 11/15, 11/20, 12/16.

The J.E.D.I. Trader
Stocks, Options and Options on futures advisory service (up over 100% in 2008).

Spread Indicators

Use the following spread/momentum indicators to assist in your trading of the QQQQ, GLD, USD, USO and TLT. They are tuned to deliver signals in line with the Stock Barometer and we use them only in determining our overall outlook for the market and for pinpointing market reversals. The level, direction, and position to the zero line are keys in these indicators. For example, direction determines mode and a buy signal 'above zero' is more bullish than a buy signal 'below zero'.

QQQQ Spread Indicator (NASDAQ:QQQQ)

The QQQQ Spread Indicator will yield its own buy and sell signals that may be different from the Stock Barometer. It's meant to give us an idea of the next turn in the market.

Lynn T's 1-2-3 PLUS Alert
Provides buying and selling advice with 1/3 Index positioning for trends
use Leverage and our advice as a hedge for your current portfolio.

Gold Spread Indicator (AMEX:GLD)

Want to trade Gold? Use our signals with the Gold ETF AMEX:GLD. Gold gives us a general gage to the overall health of the US Economy and the markets.

The Advantage Report
Market timing advice for only $10.95/month

US Dollar Index Spread Indicator (INDEX:DXY)

Want to trade the US Dollar? Use our signals with the Power Shares AMEX:UUP: US Dollar Index Bullish Fund and AMEX:UDN: US Dollar Index Bearish Fund.

Want 50 Covered Call plays every week?
Try our Covered Call Alert.

Bonds Spread Indicator (AMEX:TLT)

Want to trade Bonds? Use our signals with Lehman's 20 year ETF AMEX:TLT. The direction of bonds has an impact on the stock market. Normally, as bonds go down, stocks will go up and as bonds go up, stocks will go down.

Want our top 10 weekly options plays?
Try Stock Options Speculator

SOS recommends very aggressive stock options plays that target >100% gains.

OIL Spread Indicator (AMEX:USO)

Want to trade OIL? Use our signals with AMEX:USO, the OIL ETF. We look at the price of oil as its level and direction has an impact on the stock market.

IRG Market Timing & Sentiment Indicators
Get all our timing research, roughly 150+ market timing indicators
10 Years worth! - Updated every single week

Supporting Secondary Indicator

We daily monitor hundreds of popular and proprietary technical indicators that break down market internals, sentiment and money flow to give us unique insight into the market. We feature at least one here each day in support of our current outlook.

The McMillan Letter ($8.95/Month)
Join Analyst Mark McMillan as he explores and identifies current market opportunities

Summary of Daily Outlook

We remain in Buy Mode, looking for the market to move higher into March.

The direction of the new highs are a good indicator of market direction. And while that seems obvious, most of what we do is, you just need the indicators and the experience to read them.

If you want more information, we also offer a daily blog and you can follow our blog posts on on Twitter and on Facebook. I'll be providing more information as well as updates from our 6 other advisors. Please visit the site and sign up (and tell your friends - it's free!)

If you have any questions or comments, email me at Jay@stockbarometer.com.

Stock Barometer Premier Membership
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Weekly Updates on Uptrending stocks in all industries.
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Regards,

 

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