Note: Interim updates are sent only to subscribers during the week, as needed. No interim updates were sent this past week. Any subscriber not receiving an interim update should email me at firstname.lastname@example.org.
To subscribe again for the year beginning April 1, 2019 at a cost of $25 go to the following link for instructions: BDH Interim Update Service 2019
For the year-to-date the DJIA is up 10.81%, the S&P is up 12.59%, and the NASDAQ is up the 15.87%. This compares to BDH’s 2019 performance of 3.02%.
GLD advance 0.11% for the week, while GDX fell 0.31%. Oil prices also gained with USO up 4.01% and $BRENT up 2.16%. On the fixed income side, TLT was up 0.15%, and IEF gained 0.33%.
The percentage of the NYSE stocks are above their 200-dma is at 54.00 a decent jump from 46.90% the previous week. More importantly, the percentage of NYSE stocks above their 50-dmas climbed to 73.78% from 69.43% the week before, a decent increase.
The number of NYSE stocks with 52-week new highs was 292 down from 224 the prior week. This is not such a big gain in a market up this much in percentage terms in one week.
Here is a chart showing all Dashboard buy and sell signals (it may take a day or two for the new signal to be posted):
The Dashboard link was unchanged from March is as follows: Version 2 Dashboard Weekly Results March 9, 2018
The link is www.dark-liquidity.com/index.php/strategies. Or you can go to www.dark-liquidity.com first and then hit strategies. Our strategy is 15th best out of 23. The BDH strategy has gained 3.02% during its invested period while the three major averages have gained 8.47%
BDH Decision Page – BDH Dashboard ETFs
Copy and paste the DecisionPage link into your browser:
On ETFscreen.com, the Decision Page indicated that 32 ETFs had “pass” ratings compared to 24 the prior week.
Chart of All BDH Signals
Conclusion — Short-Term Market Direction Is Up
The market reversed to an upwrd direction with a solid performance last week. We will see if the momentum can be sustained to the upside or if the market experiences downside pressure. Those of you who have not sold out your portfolios because of wider stops than I recommended are probably 100% invested and up about 6% so far this year.
Remember that you are responsible for your investments and how you manage them. This website was developed for educational purposes only and is not responsible for any actions you take with your investments. If you decide to follow the BDH strategy, then you are 100% responsible for your investment outcome. Make sure to check the BDH indicators daily during times when the market is volatile like now. Just bookmark the two charts above and look for any signal changes. I may not available during the week to provide interim Dashboard signal changes. It is important to be pro-active, so as not to miss any Dashboard signals. Decide on and place your stop LIMITS that meet your risk profile.