🟢 Market Signal: GREEN — S&P 500 is above the MA200

Welcome to Trade Tuesday!

Every Tuesday, I trade stocks according to a ranking based on the strength of the trend. Download the latest ranking table.

The idea is based on the “Adjusted Slope” as described in Andreas Clenow’s book “Stocks on the Move”.

Be sure to read the Disclaimer.

Momentum Ranking Week 44, 2022

Market Signal: Red

The Momentum Portfolio (with MCK still being the only holding at the moment) finished October almost unchanged (down 0.2%), while the S&P 500 gained 8%.

Still no new transactions in this week, as the S&P 500 continues to be below its 200 day moving average.

Click here for the Momentum Ranking of week 44.

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CW44  2022 

Momentum Ranking Week 40, 2022

Market Signal: Red

Update on September: With MKC (McKesson Corporation) being the only holding in the Trade Tuesday Momentum Portfolio for some time now, September was up 2% while the S&P 500 lost another 9%. Ouch.

No new buys in this week, as the S&P 500 is below its 200 day moving average.

Click here for the Momentum Ranking of week 40.

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CW40  2022 

Momentum Ranking Week 36, 2022

Market Signal: Red

Still no new buys in this week, as the S&P 500 is below its 200 day moving average (since 103 days). The portfolio was up +2% in August and my only position continues to be MCK.

Click here for the Momentum Ranking of week 36.

[Read More]
CW36  2022