2018 Strength and Market Pull

[Tomanyiron]

OK it’s a new year, and out with the old and in with the new. Old as in Mood. And new as in Market Pull. What is “Market Pull”? A few indexes tend to have insight in the market's tug, push, and pull. Momentum Oscillators and Bullish Percent Indexes are two. I used a composite of those, plotted it on a chart, and saw that it had more promise than the old “Mood”. I have been watching it for the past few months, and the moniker of “Pull” came to mind. I see it as a indicator of US stocks in general. But especially as a S fund comparison tool.

So I am presenting this “Pull” chart, along with the old “Strength” chart in line formats. I have plans to update both daily. And each will have its own signature range. And as I said before with the Strength/Mood charts, I have no illusions of a perfect buy/sell indicator. I see it only as another tool. I have not backtested it further than what you see. Over the long holiday weekend I checked it for errors. Then I plugged the numbers in a chart generator, and voila… this is it.

Updated EOD Tuesday January 2, 2018


Chart 1 shows Strength, and even with the C and S funds having bigger days, the I fund is on top.



Chart 2 shows Pull , and as luck would have it, it had a whipsaw just as I was about to post, (down on Dec 29, back up on Jan 2.) Even with that, it still has a rolling-over look to me.

[jlozano042]

As always - appreciate your hard work here. Thank you!

[meddian]

The market TSP Share price charts for the DAY (1/2/18) are not correct. The YTD (correct)and daily (incorrect). Thanks.

[fordest]

The market TSP Share price charts for the DAY (1/2/18) are not correct. The YTD (correct)and daily (incorrect). Thanks.

huh?

[Tomanyiron]

Updated EOD Wednesday January 3, 2018


Chart 1 shows C fund Strength with the largest gain.



Chart 2 shows the market Pull continuing up, with the same 2017 attitude of no danger ahead.

[Tomanyiron]

Updated EOD Thurssday January 4, 2018

Chart 1 shows upward Strength with all stocks.



Chart 2 shows the market Pull continues up, with no regard for January's seasonal bias.

[Tomanyiron]

Updated EOD Friday January 5, 2018

On the Strength chart, the C fund is gaining, while the F fund lagging.



On the Pull chart, it shows the stock funds still being pulled up.

[Tomanyiron]

Updated EOD Monday January 8, 2018

[Tomanyiron]

Updated EOD Tuesday January 9, 2018
Chart 1 shows the Strength down for everything, the C fund the least.
Day Change: F -71, C -2, S -83, I -10



Chart 2 shows Market Pull continues up, even with the small hit to the S fund.
Pull Day Change: +0.08 (6.37 Monday, to 6.45 Tuesday).

[Bernpaud]

Tomanyiron - Thank you for posting these updates. I look forward to reading them each morning. Unfortunately, I am unable to view the images from work and relied on your summary for each chart. Is it possible to add back the summaries? Thank you Sir.

[Tomanyiron]

Tomanyiron - Thank you for posting these updates. I look forward to reading them each morning. Unfortunately, I am unable to view the images from work and relied on your summary for each chart. Is it possible to add back the summaries? Thank you Sir.

No problem, (I made an edit). I will also add the change from day before. I had the comments included within the chart, forgot about some people could't see the charts. Thanks for letting me know.

[smnyrup64]

If US pulls out of NAFTA, how will that impact the stock market? should we get alarmed because of that possibility? Could happen by the end of this month, according to several newspapers.

[Tomanyiron]

Updated EOD Wednesday January 10, 2018

The Strength chart shows F @100, C @53, S @13, I @142. The F fund had the largest gain on Wed, up 10. C fund down 26, S down 1, and the I fund up 8.

The Pull chart shows Pull @ 6.37 , down 0.08 from day before, and back to Monday’s reading.

[Tomanyiron]

Updated EOD Thursday January 11, 2018

The Strength chart shows the S fund with the largest gain on Thu, up 205 points. C fund up 25, F fund up 29, and the I fund down 13.

As you would imagine, chart 2 shows a jump in Pull, up 0.41 points from day before, and reestablishing the up-trend that started mid December.

[OkieTSPer]

Thanks for the update Tomi.