• 1,027 days Will The ECB Continue To Hike Rates?
  • 1,027 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,029 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,429 days Could Crypto Overtake Traditional Investment?
  • 1,433 days Americans Still Quitting Jobs At Record Pace
  • 1,435 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,438 days Is The Dollar Too Strong?
  • 1,439 days Big Tech Disappoints Investors on Earnings Calls
  • 1,440 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,441 days China Is Quietly Trying To Distance Itself From Russia
  • 1,442 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,446 days Crypto Investors Won Big In 2021
  • 1,446 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,447 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,449 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,449 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,453 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,453 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,454 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,456 days Are NFTs About To Take Over Gaming?
Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

  1. Home
  2. Markets
  3. Other

More on the Coppock Curve Buy Signals of 4/28/78 & 5/30/03

My June 6 communication showed that the 8 deep and very deep Monthly DJIA Coppock Curve buy signals occurring after 12/1/61 comprise 4 distinct pairs with respect to time path patterns generated by plotting the smoothed CI-NCI Ratio against the inverted and smoothed NYSE TRIN. One of those pairs consists of the signals of 4/28/78 and 5/30/03.

Data permit moving the initial date of investigation from 12/1/61 to 12/27/40. That allows the time paths of 2 additional deep Coppock Curve buy signals (9/30/42 and 8/29/47) to be highlighted on the chart, from the date the smoothed CI-NCI last dipped to 0.9500 to the date of the signal. The time path of the 8/29/47 signal fits the pattern of 1/31/63 and 9/30/82.

The time path of the 9/30/42 signal, on the other hand, fits the pattern of 4/28/67 and 10/31/88.

Thus, even after the addition of 21 early years to the investigation, the 4/28/78 and 5/30/03 signals remain uniquely akin with respect to pattern.

The following chart shows that the 9/30/42 signal was a big winner, but that the 8/29/47 signal was about 2 years early.

Most later signals were big winners. However, 4/28/78 was not. The outcome of the 5/30/03 signal remains to be seen.

Back to homepage

Leave a comment

Leave a comment