Wednesday, February 01, 2017

MONTHLY WRAP UP FOR 1/31/2017

Here is some comic relief and the hilarious statement of the day on Twitter, and by a rather famous author who publishs what is considered a "Bible" for stats:

The S&P 500 Forecasts Good Times Ahead
As the saying goes, as the S&P 500 goes in January, so goes the year, and if that holds true 2017 should be a pleasant one for the markets.

Hahahahahahahaha, why am I laughing???



Last year the SPY lost in the first week and lost almost 11.2% at the low, ending up losing 4.9% for the month, and yet gained almost 10% for the entire year. 
The FED, of course, has made shambles of his hundreds of years of data, and the "SO GOES JANUARY SO GOES THE YEAR" now means ZERO!!!



The $NYAD's finished January on a buy signal, making new highs with the $NYA, and finishing just off those highs, just like the $NYA.


Of 12 major markets only one is on a sell signal, 20 sma under the 50 sma, and that's the dollar, $USD. I watched some Bloomberg videos after the close, like I often do, and it seemed there was nothing but talk about how bad the STRONG dollar is for our exports, it's strange how FACTS can kind of make a fool of people.

I've said it before and I'll say it again, the all important Bullish Percent indexes are not looking good, only three are on sell signals, $BPDISC, $BPINDY, and $BPENER, but BPCOMPQ, BPSPX, BPINFO, and BPFINA do NOT look good, and need to get moving higher. 


Eight of the 12 sectors were on buy last month, that increased to ten in January, XLE and XRT are both new sells.


And the big winner in my 80 markets this month, eeeeerrrr, 78, I lost two some where, wwaaaaassss ....... GDX, which surprised the Holy what ever out of me,
Our best sector was the winner last month, XME in the seven spot, our best major made the first page with the NasDOGS up 5.87% in 15th. You have to go to the third page for number two, SPY in 50th place at 1.85%, then DIA at .67%, with the little guys bringing up the rear at .22%, which is REALLY strange, as you go back to that guy I mentioned up above about the January effect, and small caps are SUPPOSED to greatly out perform the big guys, so, again, sigh and ..................

Ten markets closed on a Turtle buy, new 20 day highs, we did have two notable sells, XLE and IGE.


Wow, only 14 losers last month, the stangest of the bunch is in the 5 and 6 spot, with UUP DOWN 2.68%, and right under them oil, USO, is DOWN 2.05%. Now, I'm probably wrong, but isn't THAT WRONG!!?? These markets are so screwed up, wad ever, interest rates were actually down just a hair for the month but the rate sensitive items acted like they were way up with IYR, XLU, BND and TLT all lower on the month. 


Here's the big winners in the SP 500 this month.


Here's the loser's in the SP for the month, HIGHLY surprised at UA being the winner, eeeeeerrrrrr, LOSER, I am watching PBI down in the 11 spot, I haven't done a thing yet, just watching ............

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