Category Archives: Coppock Index

Coppock Stock: February 2024

The market continued to zoom higher in 2024 and pushed the upper limits for many stocks and indexes, the S&P 500 included. Our review of the Coppock Curve is a good reminder to us that markets move in cycles and there are times when this list can dwindle to only a few.

Before we jump to this month's list, let's review how this indicator did based on the January 2023 list. The average return was 25% for the group with a success rate of 81%. If we exclude Meta's astonishing returns, the average gain is still an impressive 19%.

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At the end of February 2024, there are 2 companies with ‘Buy’ signal. Continue reading

Coppock Stock: November 2023

November was an astonishing month as equities rebounded from their October losses. The Coppock Curve provided us with some good companies as well as major index to consider.

At the end of November 2023, there are 7 companies and 1 major index with ‘Buy’ signal. Continue reading

Dow Jones Industrial Average Coppock Curve Review

Review:

"For now, the PMI indicates that the low has been achieved."

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Coppock Stock: April & May 2023

We wanted to provide update to our readers on the Coppock Curve or Indicator based on closing price as of April and May 2023. The first table contains companies or indexes with buy indicator at the end of April 2023. The second table shows buy indicator as of end of May.

Buy indicator at the end of April 2023. Continue reading

Coppock Stock: January 2023

January was a strong month for the market that pushed up many companies into Buy territory for the Coppock curve. Below are 35 companies this indicator flag as a ‘buy’. Continue reading

Coppock Stock: November 2022

November was a strong month for the market as the S&P rose 4.6% that pushed up many companies into Buy territory for the Coppock curve. Below are 12 companies this indicator flag as a ‘buy’. Continue reading

Coppock Stock: October 2022

The S&P 500 have fallen 21% YTD and one can argue that a sign of bottom is emerging. One technical indicator we track is the Coppock Curve, this indicator is showing some promising signs for long-term market participant. Below are companies this indicator flag as a ‘buy’. Continue reading

Coppock Curve: August 2022

The S&P 500 lost 4.2% in August which brought our attention back to the Coppock Indicator. After updating the model with latest data, we see great opportunities ahead. Below is the Coppock Curve for the Dow Jones Industrial. Continue reading

Coppock Stocks: June 2022

Last month we identified some companies that entered the research phase based on the Coppock Curve. A buy signal for several companies was triggered at the end of June 2022. The first table highlight a statistical summary for those companies. The second table shows additional companies that have entered the research phase. Continue reading

Coppock Stocks: May 2022

One of the thing long-term investors should be excited about when market correct is the ability to acquire great companies at lower price. That being said, timing the purchase is the most difficult things to achieve. A timing tool that’s worth considering is the Coppock Curve. We have written extensively about the Coppock Curve and you can find historical content here.

The Coppock Curve only provide a buying indicator and not sell, thus we have little to update on this indicator in recent months. However, recent market correction caused more companies to enter what we call, the research phase. This is when the indicator moved into negative territory but have not shown a buy signal. Before we go further, let us review the 8 companies and 1 ETF that was a buy according to the Coppock Curve at the end of December 2020. The chart below shows the performance since January 4, 2021 – June 3, 2022.

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At the end of May 2022, these are companies that have enter the research phase and you should start your research on fundamental if you wish to acquire them in the near future. We will provide a monthly update and track when a buy signal is triggered. Continue reading

Coppock Stock: April 2021

At the end of April 2021, two companies were a "buy" according to the Coppock Curve. So far, the strategy has worked well. Take a look at the chart below which consists of companies with "buy" signals on December 1, 2020. All companies outperformed the market by a significant margin.

For this week, please see the table below for the 2 companies with a "buy" signal as of May 1, 2021. Continue reading

Coppock Stock: March 2021

Before we release 3 stocks that reached buy-signal based on the Coppock Curve, we want to visit 6 companies we highlighted at the end of November 2020.

Screenshot 2021-04-01 102624

As one can see, the performance for these 6 companies have been astonishing. The most interesting observation is that Capital One (COF) is the best performer with gain of 42%. However, historical pattern shows that it has the lowest success rate of 33% and tend to loss value over 1 year holding period.

At the end of March 2021, there are 3 companies reaching buy-signal from the Coppock Curve. All these companies are utilities which doesn’t surprise us given that the Dow Jones Utility index was a buy 2 months ago. Continue reading

Coppock Curve: March 2021

Below is the Coppock Curve data for the following indexes as of the end of October 2020:

  • Dow Jones Industrial Average
  • Dow Jones Transportation Average
  • Dow Jones Utility Average
  • S&P 500
  • Nasdaq Composite
  • Philadelphia Gold and Silver Index
  • Russell 2000
  • Philadelphia Semiconductor Index
  • iShares Nasdaq Biotechnology ETF
  • Toronto Stock Exchange

If you’re interested in a index not listed, let us know.

Continue reading

Coppock Stock: February 2021

The Coppock Curve has proven to be a reliable indicator for certain equities. We started tracking individual stock performance using the Coppock Curve since May 2020 and the performance since then can be seen below.

Years Purchase Month # of Companies Average Total Return %
2020 May 4 48.0%
Jun 1 38.2%
Aug 10 38.3%
Sep 2 22.8%
Nov 6 31.0%
Dec 18 25.1%
2021 Jan 9 15.3%
Feb 2 1.8%

At the end of February 2021, only one company reached a buying indication based on the Coppock Curve. Continue reading

Coppock Stocks: December 2020

The market ended the year up more than 15%. Last month we published the first list of individual companies using Coppock indicator and the average gain was 5.0%, exceeding the S&P 500 gain of 2.3%.

The table below contains 9 companies that completed the buying indication based on the Coppock Curve at the end of December 2020.

The statistics below are based on a holding period of 1 year. One measure to pay close attention to is the success rate which is the number of times this indicator yielded a positive return within 1 year. The loss columns are there to remind us that investing is not risk free. Continue reading