BDH DASHBOARD ISSUES ‘”1″ SELL SIGNAL January Ends on Sour Note as Major Indexes Decline Over 3.3% on January 29 What a month with the continued worldwide turmoil caused by the COVID-19 pandemic, the slower than expected initial distribution of a two vaccines, coupled by the riot at the U.S. Capitol, and the recent craziness surrounding Game Stop (GME) massive price moves,  the stock market ended January on a down note with heavy selling at the close. Both the S&P 500 and DJIA closed the year at record all-time record highs.  The NASDAQ Composite’s all-time high occurred this pas ..read more

NASDAQ COMPOSITE 12,889.28 Close  +5.7% for the MONTH +43.64% for the year BDH DASHBOARD ISSUES SELL SIGNAL ON DECEMBER 31 2020 Market Performance Was Stellar as Was BDH’s Strategy What a year!  With all the worldwide turmoil caused by the COVID-19 pandemic, coupled by the results of the U.S. presidential election, and many other financial and worldwide events, none the less the stock market came out of its 38% first-quarter decline with a heart-stopping recovery.  Both the S&P 500 and DJIA closed the year at record all-time record highs.  The NASDAQ Composite’s all-tim ..read more

NASDAQ COMPOSITE 12,205.85 +11.86% for the MONTH NASDAQ +2.96% for the week Market Performance Has Been Stellar in November This month’s stock market performance is the mirror opposite of October, but with even a more pronounced advance to all-time highs. As the chart below shows, the NASDAQ Composite has closed the week at an all-time high after a dazzling November. This past week in the market was a solid performance the NASDAQ up 2.96% , the S&P 500 up 2.27%, and the DJIA large-cap blue chips up 2.21%.  The year to date and monthly performance is provided below.  Clearly, Our ..read more

NASDAQ COMPOSITE 10,911.59 -2.29% for the MONTH NASDAQ -5.51% for the week Market Performance Since the October 12 recent peak in equity (with a solid early October performance), the stock market has had an almost uninterrupted spiral down with all major averages taking a beating.  This waterfall decline was not at the same rapid pace as the September 2 to 23 rout, but the damage has been swift and significant.  This past week in the market was the worst week measured by percentage decline since the March 2020 lows with our ETF portfolio losing 6.65% on average compared to a loss of ..read more

BDH BLOG POST October 4, 2020 NASDAQ 11075.02 +1.48% for the week NASDAQ Up 11.0% for the Quarter Market Performance The August 31, 2020 Blog Post in the Game Plan Going Forward section had the following warning – Market at Critical High-Risk Juncture.  Also, regarding Indicator #8 I wrote: “Moreover, note the major negative divergence of the NASI indicator and the price of the NASDAQ, as well as on the MACD and price.  These are both clearly a danger sign that a price reversal is imminent.” Clearly, that warning proved accurate. That was three days from the recent top on September 2 ..read more

Market Keeps Marching Higher NASDAQ 11695.63 +3.39% for the week NASDAQ Closes at All-time High  Intraday on Friday August 28 Market Performance Consider the following commentary about the market from CNBC during the week of August 24: “Though the S&P 500 has hit a new all-time high and wiped out losses from the coronavirus sell-off, a CNBC analysis shows that the majority of stocks have yet to climb back to their prior levels. Between the prior market high on Feb. 19 and new high on Aug. 18, 38% of stocks in the index made gains while the remaining 62% posted losses. Performance ..read more

NASDAQ 10207.63 +3.69% for the week +5.27% for July NASDAQ Hits All-time High Intraday on July 21 at 10839.93 Market Performance Since our July 5 and May 30 blog posts the NASDAQ, and particularly the FAANG stocks and other technology issues have continued their march higher while the rest of the market has followed suit at a slower pace.  June had two periods of declines, but had a strong week this past holiday shortened week.  The past Thursday earnings reports from AMZN, AAPL, GOOGL, and FB were solid and those stocks bounced nicely after hours.  Jeff Bezos had a good afterno ..read more

NASDAQ 10207.63 4.62%for the week Market Performance Since our last May 30 blog post the NASDAQ, and particularly the FAANG stocks and other technology issues have continued march higher.  June had two periods of declines, but had a strong week this past holiday shortened week.  The NASDAQ closed at an all-time high on Friday and has advanced 13.76% for the year, clearly outpacing the S&P 500 which lost 3.12%, and the DJIA which fell 9.50%.  Clearly, the action was in the NASDAQ technology and communications sectors, and the consumer discretionary sector as represented by XL ..read more

NASDAQ 9489.87 +1.77%for the week Market Continues Its Powerful Rally since March 23 low Market Performance This was the 6th week out of the last ten that the NASDAQ Composite has advanced.  Over the course of this two-month rally, there four weeks when this Index jumped between 510 and 900 points, an astonishing rise over the course of a short time.  Currently, this Index is leading the market higher and has surpassed all of its key moving averages – 50-, 100-, and 200dmas.  The S&P 500 only managed to surpass its 200-dma this past week.  Clearly, the FAANG stocks have ..read more

NASDAQ 8604.95  -0.34% for the week Market Performance April 2020 was the best month for the S&P 500 gaining 12.7%,the largest increase since January 1987.  Moreover, the NASDAQ Composite advanced an astonishing 15.5%, the best performance since June 2000,  both  data points  coming from the Stock Trader’s Almanac 2020 edition. Don’t forget that March was one of the worst months in decades for the major averages, and we still have not made up the loss for March. After huge weekly gains the week of April 5 and 13th, the market has fallen minimally the last two weeks ..read more