ShareThisSo what have we got today? Well I see a little bit of up in the US and a little bit of down in Canada. What is this Romper Room and the Magic Mirror? Doesn’t earnings season remind you of this? “Romper Bomper Stomper Boo, tell me tell me, tell me doo…Magic mirror tell me today, did all my friends have fun at play? I see Google is having a special day and JP Morgan and Intel had a special day yesterday…and of course friends, you know I see you too.” I don’t know…maybe it’s just me.
Out of the 557 stocks analyzed, 330 advanced, 214 declined, and the other 13 weren’t spotted by the magic mirror. According to the RSI at this point in time, the only security listed as oversold is METROPCS COMM INC (NYSE:PCS), but it is rebounding. The market continues to chug along, however I will save further references to children’s shows for next week.
What should you be watching for tomorrow…
Today’s report highlights all of the stocks that indicated a Bullish Centerline Crossover with respect to RSI AND had volume greater than 10 million shares on the day.
Highlighting: KRAFT FOODS INC (NYSE:KFT), E*TRADE Financial Corporation (NASDAQ:ETFC), JOHNSON & JOHNSON DC (NYSE:JNJ), VALERO ENERGY CP (NYSE:VLO)
Tech Talk – By The Numbers is a supplement to current offerings from TimingTheMarket.ca and will be offered by Mr. Vialoux following each trading day.
Disclosure: Mr. Vialoux does not own securities mentioned in this report.
Disclaimer: Comments and opinions offered in this report at www.timingthemarket.ca are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed
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Tags - Previous posts for stock ticker: ETFC, jnj, KFT, VLO
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October 15th, 2009 at 7:56 pm
A 10-year seasonality study has revealed the following:
Kraft: Buy on March 5, Sell on June 4 for a total return after 8 years of 91.79% (vs. 10.59% buy and hold) – positive return in 6 of the last 8 years
E-Trade: Seasonality VERY weak for maximum return (+ return in only 4 of the last 10 periods), however a SMALL window of opportunity exists if you had bought on August 13 and Sold on September 3 you would have gained a total return of 136.58% during this short period (vs. -92.96% buy and hold) – positive in 9 of the last 10
Johnson & Johnson: February 12 to October 8 for a 9 out of 10 positive return netting 73.95% or maximum return at 137.48% if invested March 12 to September 10 (positive in 7 of the last 10 periods)
Jon
October 16th, 2009 at 8:35 am
Hi Jon
Could you please tell me when did you start posting you excellent analysis
of BUY-SELL dates for stocks as you have for E-Trade?
I want to ensure that I have read all of you posting from start.
Do you plan to post your analysis daily from now on?
Thnaks
Nirmal