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Market Health

Market Health. Investor’s Business Daily New York City Meetup 8.28.13. For Those of You Who Need a Disclaimer…. We Care…But You Should Care More. SYRIA. TAPERING. DEBT CEILING. SEQUESTER. OBAMACARE. UNEMPLOYMENT. Market in Correction. NASDAQ (weekly). ?.

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Market Health

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  1. Market Health Investor’s Business Daily New York City Meetup 8.28.13

  2. For Those of You Who Need a Disclaimer… We Care…But You Should Care More

  3. SYRIA TAPERING DEBT CEILING SEQUESTER OBAMACARE UNEMPLOYMENT Market in Correction

  4. NASDAQ (weekly) ? 2012 Has Two Distinct Rallies Bull Market Begins 3/12/09 With a 31 Week Rally. 2013 Mostly up with one pullback Short Choppy Rallies 2010 and 2011. Four Year Bull Market

  5. Rally Health • Follow Through Day: 7/11/13 Failed 8/15/13 • Day 2 (7/15/13): No Professional Distribution • Should not have distribution in the first two days • Had a distribution cluster starting day three • Day 20 (8/8/13): Price Progress • Money making rallies on average show advances of 5.5% or higher by day 20. • At 20 days, rally gained only 2.53% • Day 40 (9/5/13): Get Off Margin • Recent rallies have lasted 8 to 10 week • N/A • Day 50 (9/19/13): No New Buys • Most of the good merchandise comes out -2 to +4 weeks from the start of a new rally. By the 10th week you have to ask why this stock didn’t participate until now. • N/A Tracking the Last Rally

  6. NYSE New Lows beat New Highs NYSE stocks above 200 DMA very weak and falling A/D for S&P weak NYSE New Lows give early clue to leave Rally day-looking for a Follow-Thru Kerry speech halts uptrend The Markets NYSE New Lows expand

  7. NYSE New Highs vs New Lows FTD New Lows Expand The Markets New Highs Dry Up

  8. NASDAQ New Highs vs New Lows FTD The Markets

  9. Germany and Europe are stabilizing • India, South Africa and Brazil are melting down • Australia and South Korea hurt by Japan’s policies World Markets

  10. Commodities

  11. Food

  12. Fuel Prices

  13. The Big Picture

  14. Kerry Speech Clustered DDs NASDAQ FTD Rally Fails NASDAQ Rally without a FTD New Rally Attempt Undercut Bernanke Speech Sucker’s Rally NASDAQ

  15. Regains 50 on low volume 50 Day support broken S&P 500

  16. IBD Mutual Fund Index

  17. Small Caps Lead Russell 2000 (Weekly)

  18. CAN SLIM Stocks Remain Strong IBD 85/85 Index (Weekly)

  19. RS Line Remains Strong IBD 50 (Weekly)

  20. Sectors (Year to Date)

  21. Sectors (Since 7/11/13 FTD)

  22. Broad and diverse set of groups in the top 40. The bottom 40 are mostly commodity, utility and defensive stocks. Industry Groups

  23. All of the Sector Leaders are in 7 sectors Sector Leaders

  24. Sector Leaders have expanded from 15 last month to 18 this month Half of these are near a buy point: STOCK BP ACT 133.10 EVR 44.63 FLT 100.97 OCN 52.35 PRAA 53.09 PCLN 926.50 QCOR 66.92 SSNC 34.54 VRX 94.32 Sector Leaders

  25. If You Haven’t Already • Have your plan on paper • Cut out losers and laggards • Sell any stock that doesn’t have true “Model Book” characteristics • Set stops on any remaining position and sell if they’re hit without hesitation • Raise Cash Set Up Your Wish List • Watch for pullbacks and tight areas • Watch for new bases • Watch for high RS stocks • Don’t forget about stocks you had to sell • Don’t get complacent What to Do Now

  26. Rigor and the Pursuit of Excellence Success: A Lot of Little Things Done Well Homework

  27. Be Careful Out There

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