Category Archives: Coppock Index

Coppock Stocks: November 2020

The market had a strong November and pushed the indicator forward into the positive territory. As noted several months ago, the buy signal occurred in July 2020 which proved to be a well timed buy signal.

To better enhance this indicator, we have been collecting data on individual stocks and back testing the strategy. Several months ago, our team applied this strategy (refer to Coppock Curve Applied to Individual Stocks) to 4 companies with amazing result. The average return was +46% since May. We hope that the list below provides you with a viable starting point for your research. Continue reading

Nifty 50 – Coppock Analysis

Recently, we’ve seen some success applying the Coppock curve or indicator to individual companies. Could we scale this to an emerging market such as Nifty 50, a benchmark Indian stock market index? Running the data through this model reveals some exciting findings, so let’s dive into it.

The assumption we are working with is purchasing the Nifty 50 (^NSEI) when the Coppock issues a buy signal. The target holding periods are 1-3 years. Below are summary table showing important statistics such as success rate, largest loss or risk, average gain, and annualized return. Continue reading

Coppock Curve: October 2020

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
  • Bitcoin

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

Coppock Curve: September 2020

Below is the Coppock Curve data for the following indexes:

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

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

Continue reading

A Strategy For the Coppock Curve

On, August 1, 2020, we said the following:

“Last month, the Coppock Curve dipped into negative territory flagging us to closely monitor this indicator for a buy signal. In addition to monitoring the Dow Jones Industrial Average, we created a model to back test this strategy against individual stocks. So far, we are very satisfied with the outcome.”

Based on our prior work, we have developed a strategy to compliment the indications made by the Coppock Curve when applied to the Dow Jones Industrial Average. Continue reading

Coppock Curve: July 2020

Last month, the Coppock Curve dipped into negative territory flagging us to closely monitor this indicator for a buy signal. In addition to monitoring the Dow Jones Industrial Average, we created a model to back test this strategy against individual stocks. So far, we are very satisfied with the outcome. Below is the current status of this indicator when we apply it to the Dow Jones Industrial Average. Continue reading

Coppock Curve: May 2020

The last time we updated this indicator in March 2020, the Coppock curve changed directions from an upward bias to a move down. Two months later, the curve now stands in negative territory. This mean that the next meaningful move on the upside of this indicator is a buy signal. Below is a chart of the Coppock at the end of June 2020. Continue reading

Coppock Curve – Berkshire Hathaway (BRK-A)

The recent market rally has pushed the market (S&P 500) near break even for the year. However, shares of Berkshire Hathaway (BRK-A) remain -11% below the price at the start of the year. This drop in value could potentially be a buying opportunity and today we apply the market timing strategy of the Coppock Curve to Berkshire shares.

It’s a rare occurrence when the Coppock Curve for Berkshire reach negative territory. For 40 years, there are only 8 times (once every 5 years) we get a buy signal. We haven’t receive a proper buy-signal yet but let’s review what it did in the past.

The table below shows a summary statistic of all 7 signals from the past. Continue reading

Coppock Curve Applied to Individual Stocks

The Coppock Curve was never intended to be use on individual companies but we continue to challenge that premise as more data are available which allow our team to back test the strategy.

There are times when this indicator have proven to be less effective on companies (Ford or CVS) while other have shown strong track record.

With extensive research on this indicator, our team decided to track the performance of some companies on a monthly basis and hope that our readers could utilize them as source for their long-term investment strategy. We begin the month of May with 4 companies that have established a buy signal using the Coppock Curve. Continue reading

Coppock Curve: March 2020

From January 2020 to March 2020, we just experienced one of the worst quarters for equity investors, which prompts us to revisit the Coppock Curve. This indicator splits out buy indications with an extremely high success rate.

Below is a chart of the Coppock Curve from 1974 to the present and the statistical breakdown since 1930.

Continue reading

Coppock Curve: April 2019

The indicator dipped below 100 and closed the month at 62.9. Keep a close watch on this indicator if and when it moves into negative territory. Continue reading

Coppock Curve: December 2018

This is the last update of Coppock Curve for the year and the indicator is in a free fall. We began the year at 283 in January. At the close of December, the indicator fell to 114, a 60% drop. These stats do not mean much without consideration for the location and direction. However, the faster this indication dip into the negative territory, the sooner we can look forward to a buying indication. Continue reading

Coppock Curve: Unum Group

On May 12, 2018, we presented the Altimeter for Unum Group (UNM).  In this post we’ll present the Coppock Curve for UNM and the price of the stock one year after the buy indication is provided.

Coppock Curve: April 2018

This is the first update to the Coppock Curve in 2018. Reason for this is because there has been a strong up surge in the market which deem this indicator useless. However, there has been a change in the tide in the indicator. Continue reading

Coppock Curve: General Electric

On March 29, 2018, we highlighted General Electric (GE) Altimeter and provided some insight into when to acquire shares. In addition to that analysis, we will apply our knowledge in Coppock Curve to the company to enhance our timing. Continue reading