Thursday, September 19, 2024

test x

 

Name

Symbol

Price

21 day % diff

63 day % diff

126 day % diff

189 day % diff

Weighted Score

Daimler Truck Holding AG

DTGHF

$35.26

99.36%

93.99%

86.06%

86.67%

93.09%

PACCAR Inc

PCAR

$99.23

104.25%

101.00%

94.83%

94.21%

99.71%

Traton SE

TRATF

$32.93

104.94%

105.15%

97.53%

101.89%

102.89%

Volvo ADR

VLVLY

$25.98

102.25%

102.69%

100.60%

100.13%

101.58%

Nikola Corp

NKLA

$5.10

83.77%

64.35%

38.11%

31.87%

60.37%

BYD Company ADR

BYDDY

$63.30

105.77%

107.06%

110.64%

115.30%

108.91%

Nasdaq US Benchmark Industrials Index

NQUSB50

$3,798.42

103.66%

106.65%

107.62%

109.16%

106.15%

NASDAQ US Benchmark Index

NQUSB

$4,111.93

102.61%

103.77%

106.39%

108.90%

104.86%

Tesla Inc

TSLA

$242.88

110.75%

109.45%

122.75%

122.96%

115.33%

Workhorse Group Inc

WKHS

$0.78

110.40%

64.34%

31.98%

21.93%

67.81%

Volvo AB Class B

VOLVF

$25.35

101.28%

100.22%

97.54%

97.26%

99.52%


Saturday, May 20, 2023

Nasdaq 100 Index (NDX) update

Nasdaq 100 Index (NDX) high volatility on the Uptrend

This is trend following. This is not a forecast and is not a prediction. 

The Nasdaq 100 Index (NDX), on the weeklies, broke out and is in a volatile Uptrend. The index is trading 6.6% in excess of a 15% annualized rate of growth (CAGR), over a 39 week (3/4 of a year) relative strength moving average.

Stock chart below - 

Nasdaq 100 Index (NDX)


The Nasdaq 100 Index relative to the Long Term US Treasury ETF (TLT), over the 39 week relative strength 
moving average, is trading 15% above. It is plain to see that money flow is pouring into private sector stocks, compared to public debt. The relative strength cross over occurred during the week of February 1st 2023.

Stock chart below, comments welcome:

NDX relative to TLT




Wednesday, May 10, 2023

Anheuser-Busch (BUD) versus the beer industry and the stock market

 Anheuser-Busch (BUD) compared to the beer industry and the stock market

There are five major "Brewery" stocks listed on the US stock market. The 5 companies, according to The Global Industry Classification System (GICS), are listed alphabetically as follows:

SymbolCompany Name
ABEVAMBEV S.A
BUDAnheuser-Busch In Bev SA/NV
SAMBoston Beer Company Inc.
CCUCompañía de las Cervecerías Unidas SA
TAPMolson Coors Beverage Co

In this post, we rank the stocks compared to Anheuser-Busch In Bev aka "Bud". Additionally, we add The S&P 500 Index ETF (SPY) and The Nasdaq 100 Index ETF (QQQ) for relative strength comparison.

The relative strength comparison metric is a 200 day moving average, where the stock price is indicated as a percentage above or below, sorted by strength. This is not a prediction and is not a forecast. The is pure trend following (see The Trend Following definition tab above), this is not fundamental analysis. 

The ranking:

SymbolCompany Name200 day % above/below
CCUCompania Cervecerias Uni17.1
TAPMolson Coors Brewing Co10.1
BUDAnheuser-Busch InBev0
QQQNasdaq 100 Index ETF-1.1
SPYSPDRs S&P 500 ETF-6.3
ABEVAmbev S.A.-8.5
SAMBoston Beer Co-20.7

Thursday, April 13, 2023

S&P 500 Index $SPX update

 S&P 500 Index update

The S&P 500 Index (SPX), closing today at $4,146.22, in rally mode, moved up and closed over a price reversal of $4,144. This risk is to the Up side. This is pure trend following. Stock chart below, comment welcome. 

S&P 500 Index (SPX)



Monday, April 3, 2023

Nasdaq 100 Index price reversals

 Nasdaq 100 Index price reversals

As the Quarter closed, The Nasdaq 100 Index (NDX) has rallied approx. 36% on an annualized basis, from the closing low of November 4th, 2022. Will Rogers famously said, “Invest in inflation”.

Today intraday, the (NDX) is trading at $13,116.  The immediate price reversal level to watch is $12,978. Trading above that level will help indicate the directional trend going forward. This is trend following, not forecasting or predicting. Stock chart below, comments welcome:
Nasdaq 100 Index (NDX)


Monday, March 20, 2023

The Semiconductor Index $SOX (SOX) price level

The Semiconductor Index $SOX (SOX) price level

The SOX Index #SOX has rallied approx 27% off the Dec low. As of the close today at $3,115, it is right up against a reversal overhead at $3,134. We'll see how it reacts if it gets back up there. Stock chart below, comments welcome:
Semiconductor Index $SOX



Monday, March 13, 2023

Gold ETF (GLD) overhead reversal

 Gold ETF (GLD) overhead reversal

The Gold ETF $GLD (GLD) rallying up to a reversal area at $ 178.10. We'll see how it reacts once it gets up there.

Stock chart below, comments welcome:

Gold ETF (GLD)