Recent content by MrJohnRoss

  1. MrJohnRoss

    MrJohnRoss' Account Talk

    100% I Fund as of COB today, 5/22/17. Good luck!
  2. MrJohnRoss

    MrJohnRoss' Account Talk

    Very little time to post, but just saw that I got a sell signal today. Moving to a cash position. 100% G Fund as of COB tomorrow, 5/12/17. Good luck!
  3. MrJohnRoss

    MrJohnRoss' Account Talk

    Sorry for the lack of time to post. Not sure this is really a great time to jump back in, as I've been out for quite a while now (March 8, to be exact). However, my composite system (finally) produced a buy signal today. Hopefully we continue to get good corporate earnings to offset all the...
  4. MrJohnRoss

    MrJohnRoss' Account Talk

    The Trump rally is finally looking like it's taking a breather. When I jumped on board the S Train on Feb 6, it was hard to tell if C or S had an advantage. That changed by the end of the month, as large cap stocks have decisively outperformed small caps. As of today, my PMO & PPO oscillators...
  5. MrJohnRoss

    MrJohnRoss' Account Talk

    Hmmm... another day, another 100 points higher on the Dow. Amazing. The RSI on the S&P is now over 78. Rare air indeed. The "engine is hot" light is flashing now. The chart is looking a bit like a ski jump. See chart below: Note that we had yet another day closing above the upper BB. In...
  6. MrJohnRoss

    MrJohnRoss' Account Talk

    Been a nice ride since jumping back in on 2/6. The 60 min chart of the S&P (below) is a good vantage point to see how strong this advance has been: With that being said, I would not be surprised to see a pause or consolidation coming up. The daily chart is posting an RSI reading of 75, which...
  7. MrJohnRoss

    MrJohnRoss' Account Talk

    After Friday's nice gain, both the PMO and VIX systems generated buy signals. That puts the composite at +1, which puts me back in equities. 100% S Fund as of C.O.B. 2/6/17. Good luck!
  8. MrJohnRoss

    MrJohnRoss' Account Talk

    Interesting to see how Mr Tran is behaving lately. Five straight down days from the peak on Jan 26. See chart below: Technically, as long as we hold that recent low around 9046, we should be okay. I don't like the fact that we blew right through the 50 DMA. The PPO had a negative crossover...
  9. MrJohnRoss

    MrJohnRoss' Account Talk

    Big sell-off, but a come back rally at the close. You can see the rally rather clearly on the 60 min chart: That being said, it looks like volatility and choppiness are back in vogue. Momentum oscillators might get chewed up in this kind of market, so ya gotta be careful. Luckily, the...
  10. MrJohnRoss

    MrJohnRoss' Account Talk

    Impressive rally today. The VIX system triggered a buy signal yesterday, and today the PMO system triggered a buy signal. That puts the composite system at +1, a buy signal. I'm not crazy about jumping in at this point, as I think the VIX has no where to go but up. Also, if the market stays...
  11. MrJohnRoss

    MrJohnRoss' Account Talk

    A rough day for the markets today, but it staged a bit of a comeback in the final hour. Could it be that after the November Trump rally, we're now entering a period of consolidation? Looking at the chart below, it certainly looks likely. Compare the rally in late June of last year (post...
  12. MrJohnRoss

    MrJohnRoss' Account Talk

    We're within a whisker of going to a full -3 reading on the composite system today. The VIX shot way up, but turned around and closed below the threshold for a sell signal. We remain at -1, but just barely. It'll be interesting to see how tomorrow closes for the long weekend. Good luck!
  13. MrJohnRoss

    MrJohnRoss' Account Talk

    Not sure jken, but the odds are looking like it's certainly possible.
  14. MrJohnRoss

    MrJohnRoss' Account Talk

    It still appears to me that the market is on shaky legs, not sure which way it wants to go. A number of oscillators I watch are heading south, but prices haven't really followed suit quite yet. On top of that, now Mr Tran is acting like he wants to perk up. See chart below: There's still no...
  15. MrJohnRoss

    MrJohnRoss' Account Talk

    Been watching market internals weaken the last few trading days. This advance looks to be on shaky legs. Mr Tran, usually a market leader, has not confirmed this latest move higher by the Dow, S&P and Nasdaq, so we've also got that divergence. The talking heads say it has to do with the drop in...
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