JTH's Account Talk

Re: Tuesday

Cool. Do you have a name picked yet for your ETF? :D

Very good question, a nice acronym would suffice, I'm thinking of calling it Putz, but there aren't so many cool words starting with letter z.

Anyhow, I'm running into some issues, don't have enough computational power & bandwidth to run the sheets. It's taking about 42k cells to run 1 sector, and that doesn't even divide the sector down into the sub industries, nor have I fully added the weighted data.

But I do think I like the visual transposed format better, so I may tinker with some other projects in this format.


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Thursday

Good morning

At present, the S&P 500 has made 94 distinct 52-Week Highs WTD (this week).
Once a holding is counted WTD, it’s not counted a 2nd time. As an example META (Facebook) has made two 52-Week Highs this week, but on the left table below it’s only counted as 1 of 94.

So while the chart on the right shows Mon/Tue/Wed gave us 60/66/39 new 52-Week Highs (total of 165) in reality that 3-day number is 94 and the index has 71 duplications over this 3-day WTD span.

20240926-01.png

This week WTD, the S&P 500’s Top-10 has contributed nearly all the gains to the index. But QTD it’s the Mid-90 which has given us the most gains.

20240926-02.png

To confirm the previous observation, we can see that WTD the XLG Top-50 ETF is outperforming the OEF’s Top-100. But QTD OEF is outperforming XLG.

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Friday

So this Thur 26-Sep put in a new 52-Week high.

If we compare Thur to the previous 19-Sep high, 54% of holdings have gone higher than the high they made on 19-Sep, and they have a weighted impact of 54%

I'll reset the 52-Week high next week, have a great weekend.

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Vacation

Good Sunday

The S&P 500's last 52-Week High was on 26-Sep. On Friday 27-Sep 325 holdings went higher (than their 26-Sep high) with an index-weight of 52%. So while the index did not push higher, we still have plenty of holdings gaining higher prices.

For reference, IWM's Top-1000 holdings account for a weighted 90% of the ETF. It's last 52-Week High was on 31-Jul, at present 419 of the these Top-1000 holdings have pushed higher than on 31-Jul. But, there are 227 holdings < -10% below their 31-Jul high, this weighted 17% is hindering the ETF's performance.

20240929-01.png

Last week the S&P 500 made 117 new 52-Week Highs, and IWM made 114. What's good, on all price-ranges & timeframes, the highs are outpacing the lows.

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Across the past 1-27 sessions, the G&F funds have been the poorest performers. The I-Fund mostly leads out to session 11, then it's a mix between the C&S funds.

20240929-03.png
One of the reasons I posted the The Final Four Months blog, I'm going on vacation for the next 2 weeks, plus have family visiting. This likely means there will be some awesome move in the markets I won't time correctly, thus I may just sit on my hands a bit. But since I don't have any hot coals in the fire, there isn't much risk.

Have a great week and October... Jason

 
Re: Sunday

JTH, Any thoughts on what might happen to the markets on Tuesday if the longshoremen go on strike?
 
Re: Sunday

JTH, Any thoughts on what might happen to the markets on Tuesday if the longshoremen go on strike?

To be honest with you this is the first I've heard of it. I find it interesting nobody in my sphere is concerned. We had the same issue with the railroads last year, so maybe there's some expectation President Biden will step in and block the strike again. It might be a bit too early for the markets to react and price it in, but we certainly do need a catalyst for the markets to give us a retracement.

Thanks for bringing it up, it should be interesting if they do go on strike.
 
Re: Sunday

To be honest with you this is the first I've heard of it. I find it interesting nobody in my sphere is concerned. We had the same issue with the railroads last year, so maybe there's some expectation President Biden will step in and block the strike again. It might be a bit too early for the markets to react and price it in, but we certainly do need a catalyst for the markets to give us a retracement.

Thanks for bringing it up, it should be interesting if they do go on strike.

Have a great vacation. I take one in two weeks.
 
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Re: Friday

"A quick review, closing out the month our S&P 500 finished at 2.28% it was our 20th best of the 64 months of August."

September gave us a similar path and outcome, with a 2.02% gain it was our 20th best of the 64 months of September.

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Wednesday

None of the major Indexes & ETFs listed below have dipped below the 20MA. While bonds are a bit weaker, none have closed below the 50MA. Between the Middle East crises and the Dockworker's strike, the seeds of fear are sown, but nothing's sprouted.

20241001-02.png








 
Friday

Good morning

On the Week-To-Date Time frame & the 3-Week High/Low Range, the new highs are still outpacing the lows, but those new lows have gained some ground.

WTD we have 154 new 3-Week Highs vs. 134 new 3-Week lows.

20241004-01.png


On Thursday 173 holdings had an intra-day-high higher than the high they made on 26-Sep. Only 2 holdings are in a Bearish -10% "Correction state, they are Humana & Micron

20241004-02.png
 
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Sunday

Good Sunday

On Friday, for the S&P 500 & IWM, less than half of holdings had an intra-day high higher than then their 52-Week High dates from 26-Sep & 31-July.

20241005-00.png

For the week, for Weighted holdings, most of the gains came from the S&P 500’s Top-10 and IWM’s Top-100.

20241005-01.png

Highs are still outpacing lows. For the week, the S&P 500 put in 80 new 52-Week highs, and IWM put in 90.

20241005-02.png

The Transports closed towards the bottom of their 1 & 3 week high/low range. Bonds closed below their 10/20/50 MAs and towards the bottom of their 1/3/6 week high/low range.

20241005-03.png



The Health Care Sector ETF XLV closed below the 10/20/50 MAs and towards the bottom of the 1/3/6 week high/low range.

20241005-04.png



Leaving the mountains Monday and heading to Kraków for some city entertainment, have a great week.

hfgghghg1.jpg

 
Re: Friday

Spent a full week recovering from the vacation, and now it's time to knock off the rust and start watching the markets again.

As of Friday's close, 52-Week highs are outpacing the lows on the WTD/MTD/QTD/YTD timeframes.


20241021-01.png
 
Good morning

The S&P 500's most important 52-week low was on 27-Oct-2023, now that a year has expired, this means our 52-Week Low is rising with each new session.

On 17-Oct the S&P 500 had it's last 52-Week High. Since then 144 holdings have reached higher than the high they made on 17-Oct. Those 144 holdings are weighted at 44% of the index, so as of this writing, the internals still look healthy.

For myself, while I haven't been active on the auto-tracker, I do expect to IFT something in before November starts.
20241029-02.png
 
Good morning

The S&P 500's most important 52-week low was on 27-Oct-2023, now that a year has expired, this means our 52-Week Low is rising with each new session.

On 17-Oct the S&P 500 had it's last 52-Week High. Since then 144 holdings have reached higher than the high they made on 17-Oct. Those 144 holdings are weighted at 44% of the index, so as of this writing, the internals still look healthy.

For myself, while I haven't been active on the auto-tracker, I do expect to IFT something in before November starts.
View attachment 67224
Hi JTH. Like your photo (from before ya went to Krakow)... assuming that was you walking dog in forest/hills.
In your forum-post today, you say you expect to IFT "in" before NOV, yet the bottom of your post says you're at 80% C & 20% G; is that incorrect balance of your current TSP spread, or are your going to put more of that 20% G into C, S, or I??
,,, Thx again for your sharing/posts!
 
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