JTH's Account Talk

[JTH]

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S&P 500 shows range expansion as illustrated with 1 higher X trailed by 2 lower Os. The current column of Xs is 24 boxes or 6% high. There's potential overhead resistance just .75% away, while the 1973 area displays weak lateral support.

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[JTH]

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Last Monday SPX/R2K/AGG closed up, the 3 prior Mondays to that, SPX/R2K closed down.

Of the prior 11 Monday-Friday's, Monday has the weakest Total Average Gains.

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[Frixxxx]

Looks like we'll be a little red this Monday as well!

 

[bmneveu]

Looks like we'll be a little red this Monday as well!

Futures are coming back. Dow is flat, Nasdaq down only 2pts, S&P down less than a point right now.

 

[Frixxxx]

Futures are coming back. Dow is flat, Nasdaq down only 2pts, S&P down less than a point right now.

Nah, expect -.25% to -.50% today.

 

[soon2retire]

S fund - pushing to the green side

 

[JTH]

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Last 11 Tuesday's show a positive bias for SPX/W4500/AGG

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[rspring]

Good morning JT. I was wondering if you have any targets of where you think the market is headed? I realize we are in unchartered territory. I feel like exiting the market but my gut says we could go 2-3 percent higher before we have another meaningful correction. I would like to use your targets as a guide to help make my decisions. Thanks and Happy New Year to everyone.

 

[JTH]

Good morning JT. I was wondering if you have any targets of where you think the market is headed? I realize we are in unchartered territory. I feel like exiting the market but my gut says we could go 2-3 percent higher before we have another meaningful correction. I would like to use your targets as a guide to help make my decisions. Thanks and Happy New Year to everyone.

Good morning Rspring

I'm sorry, I haven't made any projections going into 2015, but time permitting, I may do some up at the end of the year.

 

[WorkFE]

I may do some up at the end of the year.

You got 48 hours JTH.

Happy New Year.

 

[JTH]

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AGG triggers a minor Double Top Breakout, breaking the downtrend and within reach of triggering a Spread Triple Top Breakout. The new Price Objective is about 1.24% away from current price.

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[JTH]

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AGG triggers a minor Double Top Breakout, breaking the downtrend and within reach of triggering a Spread Triple Top Breakout. The new Price Objective is about 1.24% away from current price.

Revised Point And Figure Summary, I've added the current price and day's gain/loss percentage, and have added a Trend Strength indicator which measures the trend.

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[JTH]

Generally speaking, over the past 11 Monday through Friday's, Monday & Wednesday have been the poorest performers.

The bars on the far right, are the most recent.

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[MrJohnRoss]

Would love to see the R2K provide 13 bp, but I'm not holding my breath.

 

[JTH]

Good morning JT. I was wondering if you have any targets of where you think the market is headed? I realize we are in unchartered territory. I feel like exiting the market but my gut says we could go 2-3 percent higher before we have another meaningful correction. I would like to use your targets as a guide to help make my decisions. Thanks and Happy New Year to everyone.

Purely speculation on my part, here are the projections.

Using Log scale to smooth out time, and drawing the dominant supporting green trendline from Mar-2009 to Oct-2011, in combination with lining Fibonacci with current the price levels, we have 2500-2555 for the high in Apr/May and 2200 for the low in Sep/Oct.

Having said that, if we pierce the December low at 1972, then I expect to test 1820, all of this would be below the dominant supporting trendline and I would find this to be a bit concerning.

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[JTH]

Who's excited to start the new year!

 

[soon2retire]

:nuts:Ring it in! I appreciate your insight that you give, looking forward to following you into the New Year in the "S" fund. All in!

 

[FAAM]

Ditto. I've very much appreciated your posts, sharing thoughts, analyses & insights. (and of many of the other "regulars" including Uptrend, Birchtree, TSP-daily & weekly, NNut, etc. etc..... THank You so much. May you (and y'all) have a Blessed & profitable 2015.

 

[pmaloney]

I'm excited and appreciate your posts! Wishing everyone a Happy New Year!:laugh:

 

[JTH]

End of year report card: D-

I'm going to clear a few things up, acknowledge it publicly, then move forward

1) My performance this year sucked, I was beat by the G-Fund by .03%

2) I was invested in the G&F funds 57% of the time this year, you can't beat a bull market being under-invested.

3) For me, this really wasn’t a year about the lessons learned, this was a year where the lessons learned weren’t applied