Green means good! That’s a good rule of thumb for all you Bulls out there. My fear was that everyone would recreate the big Wall Street Crash of 1929 that happened 80 years ago to the day. Luckily that didn’t happen.
Of the 672 stocks analyzed on the S&P 500 and TSE, 611 advanced, 58 declined and the remaining 3 didn’t budge. Over 77% of stocks made gains greater than 1% on the day and trading volumes were down 12.5% over the previous day. Big gains, little action. I think that should be the motto for some of those “herbal supplement” sites that keep spamming my inbox.
Today’s report highlights all of the stocks that have a Positive, yet Increasing MACD, are considered Bullish under RSI Analysis, and have indicated a Bullish Crossover with respect to Stochastics.
Highlighting: AMER EXPRESS INC (NYSE:AXP), COLGATE PALMOLIVE (NYSE:CL), CLOROX CO (NYSE:CLX), TIM HORTONS INC. (NYSE:THI)
AMER EXPRESS INC (AXP)
36.44
+ 1.77 (5.11%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
34.54
35.49
35.98
36.93
37.42
Support & Resistance Analysis
Broke Lwr Resistance (1)
MACD Analysis
Positive/Increasing
MACD
MACD vs. Signal
Below/Thinning
0.558
RSI Analysis
Bullish
RSI
Stochastic (Fast) Analysis
Bullish Crossover
58.685
50-Day MA Analysis
Above 50-Day MA
%K (fast)
200-Day MA Analysis
Above 200-Day MA
75.421
Critical Level Analysis
Broke Above Previous Trend
AMER EXPRESS INC (AXP) Seasonality
Analysis has revealed that with a buy date of October 9 and a sell date of August 20, investors have benefited from a total return of 1357.67% over the last 20 years.This scenario has shown positive results in 16 of those periods.
Conversely, the best return over the maximum number of positive periods reveals a buy date of January 22 and a sell date of June 4, producing a total return over the same 20-year range of 1136.22% with positive results in 19 of those periods.
The buy and hold return for the past 20 years was 462.35%.
Analysis has revealed that with a buy date of January 24 and a sell date of January 1, investors have benefited from a total return of 4483.82% over the last 20 years.This scenario has shown positive results in 17 of those periods.
Conversely, the best return over the maximum number of positive periods reveals a buy date of September 25 and a sell date of May 14, producing a total return over the same 20-year range of 1998.44% with positive results in 19 of those periods.
The buy and hold return for the past 20 years was 1918.93%.
Analysis has revealed that with a buy date of December 20 and a sell date of November 20, investors have benefited from a total return of 1785.83% over the last 20 years.This scenario has shown positive results in 15 of those periods.
Conversely, the best return over the maximum number of positive periods reveals a buy date of August 21 and a sell date of July 30, producing a total return over the same 20-year range of 1388.75% with positive results in 19 of those periods.
The buy and hold return for the past 20 years was 864.43%.
Analysis has revealed that with a buy date of July 31 and a sell date of January 1, investors have benefited from a total return of 49.6% over the last 3 years.This scenario has shown positive results in 3 of those periods.
The buy and hold return for the past 3 years was 0.88%.
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.
Just as an addendum to today’s report, quite a few “Buy and Hold” stocks have popped up in the reports as of lately, such as Colgate Palmolive with a best return buy date of Jan 24 and a sell date of Jan 1. This is not an error and the dates are in fact correct. What is interesting is the short period that it is indicating “not to hold” of Jan 1 to Jan 24. I don’t have a conclusive answer at this time for this short period of weakness, but I could only imagine that it is a result of cautiousness on the part of investors surrounding the release of quarterly/yearly results. Of course I assume that this would be expected until Santa starts filling his sack with Colgate Toothpaste rather than Apple iPods.
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October 29th, 2009 at 7:44 pm
Just as an addendum to today’s report, quite a few “Buy and Hold” stocks have popped up in the reports as of lately, such as Colgate Palmolive with a best return buy date of Jan 24 and a sell date of Jan 1. This is not an error and the dates are in fact correct. What is interesting is the short period that it is indicating “not to hold” of Jan 1 to Jan 24. I don’t have a conclusive answer at this time for this short period of weakness, but I could only imagine that it is a result of cautiousness on the part of investors surrounding the release of quarterly/yearly results. Of course I assume that this would be expected until Santa starts filling his sack with Colgate Toothpaste rather than Apple iPods.
October 29th, 2009 at 9:47 pm
very good work thank you