All posts in "Turov"

Trader’s Wire Market Update for Thursday, June 22, 2017

Trader’s Wire Market Update for Wednesday, June 21, 2017

The SPX declined 1.42 points yesterday to close at 2435.61.   TOT daily traders went 200% long on the opening at SPX 2439.31 and have carried the position overnight and into today.

 

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17386.49cumulative SPX points, compared to a gain of 1976.68 points in the index itself over the same period.  That’s a ratio of 8.80to one.  (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.80 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

 

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

 

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

 

The daily model is bullish today.  TOT daily traders come into today’s session 200% long.  Maintain the protective sell stop on the position at SPX 2414.92.

 

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Trader’s Wire Market Update for Wednesday, June 21, 2017

Trader’s Wire Market Update for Wednesday, June 21, 2017

Another good day for the home team as the SPX declined 16.43 points yesterday to close at 2437.03.   TOT daily traders went 200% short on the opening at SPX 2450.66 and took profits on the close.

 

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17393.89cumulative SPX points, compared to a gain of 1978.10 points in the index itself over the same period.  That’s a ratio of 8.79to one.  (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.79 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

 

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

 

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

 

The daily model is bullish today.  TOT daily traders are advised to go 200% long at SPX 2438 stop or SPX 2430 limit, whichever comes first.  If you go long, use a 1% protective sell stop on the position.

 

If (still) long as we approach the close, and if the SPX is closing in the five point range above 2433.15 and below 2438.15, then hold the position overnight and into Thursday.  Otherwise, sell the long position on the close.

 

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Trader’s Wire Market Update for Tuesday, June 20, 2017

Trader’s Wire Market Update for Tuesday, June 20, 2017

The SPX advanced 20.31 points yesterday to close at 2453.46.   TOT daily traders went 200% long at SPX 2431.24 Friday and took profits on the close yesterday.

 

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17366.63cumulative SPX points, compared to a gain of 1994.53 points in the index itself over the same period.  That’s a ratio of 8.71to one.  (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.71 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

 

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

 

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

 

The daily model is bearish today.  TOT daily traders are advised to go 200% short at SPX 2452 stop.  If the SPX advances to 2456 before declining to 2452, raise your entry sell short stop to SPX 2454, and for each additional 2 point advance, if it occurs, raise the entry sell short stop by an equivalent 2 points.  Once short, use a 1% protective buy stop on the position.

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Trader’s Wire Market Update for Monday, June 19, 2017

Trader’s Wire Market Update for Monday, June 19, 2017

The SPX advanced .69 point Friday to close at 2433.15.   TOT daily traders went 200% long at SPX 2431.24 and have carried the position over the weekend and into today.

 

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17326.01 cumulative SPX points, compared to a gain of 1974.22 points in the index itself over the same period.  That’s a ratio of 8.78 to one.  (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.78 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

 

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

 

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

 

The daily model is bullish today.  TOT daily traders come into today’s session 200% long.  Use a protective sell  stop on the position at SPX 2418.   If not stopped out, carry the position overnight again and into Tuesday.

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Trader’s Wire Market Update for Friday, June 16, 2017

Trader’s Wire Market Update for Friday, June 16, 2017

The SPX declined 5.46 points yesterday to close at 2432.46.   TOT daily traders were on the sidelines for the session.

 

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17322.19 cumulative SPX points, compared to a gain of 1973.53 points in the index itself over the same period.  That’s a ratio of 8.78 to one.  (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.78 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

 

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

 

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

 

The daily model is bullish today.  TOT daily traders are advised to go 200% long at the market.

 

ADVERTISEMENT:  In our sister publication, Turov on Overnight Possibilities, I advised going long the Nasdaq (via QQQ) on yesterday’s close.  I also went long Nasdaq for all managed accounts on yesterday’s close.

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Trader’s Wire Market Update for Wednesday, June 14, 2017

Trader’s Wire Market Update for Wednesday, June 14, 2017

The SPX advanced 10.96 points yesterday to close at 2440.35.   TOT daily traders went 200% long at SPX 2424.50 on Monday and took profits on Tuesday’s close.

 

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17306.69 cumulative SPX points, compared to a gain of 1981.42 points in the index itself over the same period.  That’s a ratio of 8.73 to one.  (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.73 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

 

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

 

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

 

The daily model is bearish today. TOT daily traders are advised to go 200% short at the market.

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Trader’s Wire Market Update for Tuesday, June 13, 2017

Trader’s Wire Market Update for Tuesday, June 13, 2017

The SPX declined 2.38 points yesterday to close at 2429.39.   TOT daily traders went 200% long at SPX 2424.50 and have held the position overnight and into today.

 

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17284.77 cumulative SPX points, compared to a gain of 1970.46points in the index itself over the same period.  That’s a ratio of 8.77 to one.  (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.77 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

 

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

 

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

 

TOT daily traders come into today’s session 200% long from SPX 2424.50.  I expect to see the market advance today so any significant weakness would be a danger sign.  Maintain the protective sell stop at SPX 2422.50.

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Trader’s Wire Market Update for Friday, June 9, 2017

Trader’s Wire Market Update for Friday, June 9, 2017

The SPX advanced 0.65 point yesterday to close at 2433.79.   TOT daily traders went 200% long at SPX 2431 and 100% long at SPX 2434.27 and have carried the positions overnight and into today.

 

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17256.36 cumulative SPX points, compared to a gain of 1974.86 points in the index itself over the same period.  That’s a ratio of 8.74 to one.  (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.74 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

 

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

 

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

 

The daily model is bullish today.  TOT daily traders come into today’s session 300% long from an average price of SPX 2432.09.  Raise the protective sell stop on the position to SPX 2420.  If not stopped out, sell the position on the close and go into the weekend flat.

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Trader’s Wire Market Update for Tuesday, June 6, 2017

Trader’s Wire Market Update for Tuesday, June 6, 2017

The SPX declined 2.97 points yesterday to close at 2436.10.   TOT daily traders went 100% short at SPX 2437.83 and have held the position overnight and into today.

 

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17250.81 cumulative SPX points, compared to a gain of 1977.17 points in the index itself over the same period.  That’s a ratio of 8.73 to one.  (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.73 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

 

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

 

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

 

The daily model is modestly bearish today.  TOT daily traders come into today’s session an unleveraged 100% short.  Lower the protective buy stop on the position to SPX 2455.  If the SPX declines to 2430, lower the stop to SPX 2435, and for each additional 5 point decline (if it occurs), lower the stop by an equivalent 5 points.  If still short as we approach the close, carry the position overnight and into Wednesday.

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Trader’s Wire Market Update for Monday, June 5, 2017

Trader’s Wire Market Update for Monday, June 5, 2017

The SPX advanced 9.01 points Friday to close at 2439.07.   TOT daily traders were on the sidelines for the day.  For the week, the SPX was up 23.25 points, while TOT daily trader recommendations were up 26.45 cumulative points.

 

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17249.08 cumulative SPX points, compared to a gain of 1980.14points in the index itself over the same period.  That’s a ratio of 8.71 to one.  (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.71 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

 

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

 

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

 

The daily model is modestly bearish today.  TOT daily traders are advised to go an unleveraged 100% short at the market.  Once short, use a 1% protective buy stop on the position.

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Trader’s Wire Market Update for Thursday, June 1, 2017

Trader’s Wire Market Update for Thursday, June 1, 2017

The SPX declined 1.11 points yesterday to close at 2411.80.   TOT daily traders went 200% short in the morning and covered the position on the close.

 

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17221.03 cumulative SPX points, compared to a gain of1952.87 points in the index itself over the same period.  That’s a ratio of 8.82 to one. (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.82 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

 

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

 

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

 

While the first day of June is the weakest of the first days of any month of the year, the daily model is still bullish for today.  TOT daily traders are advised to go 300% long at SPX 2412 stop.  If the SPX declines to 2408 before advancing to 2412, lower the buy stop to SPX 2410, and for each additional 2 point decline, if it occurs, lower the stop by an equivalent 2 points.  Once long, use a 1% protective sell stop on the position.

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Trader’s Wire Market Update for Wednesday, May 31, 2017

Trader’s Wire Market Update for Wednesday, May 31, 2017

The SPX declined 2.91 points yesterday to close at 2412.91.   TOT daily traders were on the sidelines for the session.

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17222.63 cumulative SPX points, compared to a gain of 1953.98 points in the index itself over the same period.  That’s a ratio of 8.81 to one.  (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.81 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

 

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

 

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

 

Despite overnight futures being up a tad, the daily model is bearish today.  TOT daily traders are advised to go 200% short at SPX 2411 stop.  If you go short, use a 1% protective buy stop on the position.

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Trader’s Wire Market Update for Tuesday, May 30, 2017

Trader’s Wire Market Update for Tuesday, May 30, 2017

The SPX advanced 0.75 points Friday to close at 2415.82.   TOT daily traders were on the sidelines for the session.

 

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17222.63 cumulative SPX points, compared to a gain of 1956.89 points in the index itself over the same period.  That’s a ratio of 8.80 to one.  (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.80 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

 

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

 

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

 

Despite overnight futures being down a tad, the daily model is slightly bullish today.  TOT daily traders are advised to go 200% long at SPX 2417 stop.  If you go long, use a 1% protective sell stop on the position.

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Trader’s Wire Market Update for Monday, May 22, 2017

Trader’s Wire Market Update for Monday, May 22, 2017

The SPX advanced 16.01 points Friday to close at 2381.73.   TOT daily traders came into the session 200% short and have carried the position over the weekend and into today.

 

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17238.99 cumulative SPX points, compared to a gain of 1922.80 points in the index itself over the same period.  That’s a ratio of 8.97 to one.  (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.97 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

 

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000. For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

 

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

 

TOT daily traders come into today’s session 200% short, as our SPX 2389.28 stop was not reached.  Maintain the same stop on the position, as the daily model is bearish today.  If not stopped out, carry the position overnight again and into Tuesday.

 

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Trader’s Wire Market Update for Friday, May 19, 2017

Trader’s Wire Market Update for Friday, May 19, 2017

The SPX advanced 8.69 points yesterday to close at 2365.72.   TOT daily traders went 200% short at SPX 2365.62 and held the position (with a miniscule 10 cent per unit loss) overnight and into today.

 

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17271.01cumulative SPX points, compared to a gain of 1906.79 points in the index itself over the same period.  That’s a ratio of 9.06 to one. (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +9.06 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

 

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

 

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

 

TOT daily traders come into today’s session 200% short.  We have no stop on the position.

 

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Trader’s Wire Market Update for Wednesday, May 17, 2017

Trader’s Wire Market Update for Wednesday, May 17, 2017

The SPX declined 1.65 points yesterday to close at 2400.67.   TOT daily traders went 200% short on the 2404.55 opening and took profits on the close.

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17271.21cumulative SPX points, compared to a gain of 1941.74 points in the index itself over the same period.  That’s a ratio of 8.89 to one. (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.89 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

The news-neutral daily model is bullish for today, but the news swirling about the President is awful. TOT daily traders are advised to stand aside for the time being.  However, if – and only if – the SPX is in positive territory at 10:45 a.m., TOT daily traders are advised to go 300% long at the market at that time.  If the SPX is down on the day at 10:45 a.m., then continue to stand aside.  If you go long, use a 1% protective sell stop on the position.  If (still) long as we approach the close, sell the position on the close.  Also, since it is a certainty that the daily model will be bearish on Thursday, regardless what the market does today, go 100% short at the market on the close today and carry the position overnight and into Thursday (at which time we are likely to increase the size of the position).

 

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Trader’s Wire Market Update for Tuesday, May 16, 2017

Trader’s Wire Market Update for Tuesday, May 16, 2017

A good start to the week as the SPX advanced 11.42 points yesterday to close at 2402.32.   TOT daily traders went 200% long on the opening and took profits on the close.

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17263.45cumulative SPX points, compared to a gain of 1943.39 points in the index itself over the same period.  That’s a ratio of 8.88 to one. (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.88 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

The daily model is bearish for today, and the market is likely to retrace all or some of yesterday’s advance.  TOT daily traders are advised to go 200% short at the market.  Once short, use a 1% protective buy stop on the position.

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Trader’s Wire Market Update for Monday, May 15, 2017

Trader’s Wire Market Update for Monday, May 15, 2017

The SPX declined 3.54 points yesterday to close at 2390.90.   TOT daily traders were on the sidelines for the fifth session in a row, while followers of our Intermediate Model were short for the session.

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17246.77cumulative SPX points, compared to a gain of 1931.97 points in the index itself over the same period.  That’s a ratio of 8.93 to one. (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.93 to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

The daily model is slightly bullish for today, but in the absence of news, the projected advance is likely to be minimal.  TOT daily traders are advised to go 200% long at the market.  Once long, use a 1% protective sell stop on the position.

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Trader’s Wire Market Update for Thursday, May 11, 2017

Trader’s Wire Market Update for Thursday, May 11, 2017

The SPX advanced 2.71 points yesterday to close at 2399.63.   TOT daily traders were on the sidelines for the third session in a row.  For these three sessions in the aggregate, the SPX has gained a whopping 0.34 cumulative points.

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17246.77 cumulative SPX points, compared to a gain of 1940.70points in the index itself over the same period.  That’s a ratio of 8.89 to one.  (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.89to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

As was the case yesterday, the daily model is dead neutral today.  Both bears and bulls are sleepy, and it will take some significant news to awaken one or the other.  We will snooze along with them; stand aside.  HOWEVER, if the Russell 2000 is up in the morning, then the odds are high that it will  continue that strength in the afternoon, and if so, there is a possibility that speculative interest there will spill into the overall market.  We shall see.

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Trader’s Wire Market Update for Wednesday, May 10, 2017

Trader’s Wire Market Update for Wednesday, May 10, 2017

The SPX declined 2.46 points yesterday to close at 2396.92.   TOT daily traders were on the sidelines for the session.

Since initiation of the Turov on Timing service on September 30, 1993, our daily trader recommendations have gained 17246.77 cumulative SPX points, compared to a gain of 1937.99points in the index itself over the same period.  That’s a ratio of 8.90 to one.  (Please note that any day in which the daily model fails to outperform the SPX by at least a ratio of +8.90to one, since that’s the ratio of outperformance already achieved, that ratio will decline.)

(The commentary in this paragraph last updated November 10, 2016) The super long term perspective (a prediction, not a forecast!) for the stock market remains bearish (as it has been since January 2000 after having been bullish for over 25 years, from December 1974 until then).  I believe that, adjusted for REAL inflation (not the funny numbers the Social Security Administration uses) the stock market will be lower in real dollars in 2020 than it was in 2000.  For a long time, I’ve been saying, “I also expect that our new 2016-elected President will have some very serious problems during his/her single term in office.”  That belief stands.

(The commentary in this paragraph last updated May 10, 2017.)  The Intermediate Term Model remains bearish.  But while it is bearish, in the absence of a bearish news catalyst,  I don’t expect the decline to be any more robust than the advance that preceded it.

As was the case yesterday, the daily model is dead neutral today.  Both bears and bulls are sleepy, and it will take some significant news to awaken one or the other.  We will snooze along with them; stand aside.

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