Category Archives: Coppock Index

Coppock Curve: Helmerich & Payne

On Monday February 12, 2018, we kicked off the Coppock Curve series with one of the largest oil field service company, Halliburton. Today, we continued on that oil sector review with a drilling company, Helmerich & Payne (HP).

One aspect that we like about Helmerich & Payne is its long history. Because of that, we are able to extract the data going back as far as 1982. The chart below displays HP's Coppock Curve from 1982 until now. Such a long history allows us to study the effectiveness of this strategy. Continue reading

Coppock Curve: Halliburton

We're beginning a new series of the Coppock Curve by applying this technical indicator against individual stocks. First on our list is Halliburton (HAL). Continue reading

Coppock Curve: September 2017

It's been several months since we last updated the Coppock Curve. The reason was that once the indicator is in the positive territory, it provide no substantial value to long-term investor.

However, the indicator has reached an interesting level with strong resistance to the upside. We'll elaborate further after review of the chart below. Continue reading

Coppock Curve: Index Studies

The following is a study of the Nasdaq Composite Index when applied to the Coppock Curve.  Our goals is to determine the period for the most optimal performance with the least amount of risk.  We provide data on the Nasdaq Composite Index from 1974 to the present.

The Coppock Curve is one of the technical indicators that we focus on for long-term buy signals for the stock market. The Coppock Curve is only useful as a BUY indicator when the chart goes from positive territory to the negative territory then turns decidedly upward. As previously indicated, the Coppock Curve does not provide SELL signals in any way. Once the signal turns upward (while in the negative territory), investors should consider buying stocks at the beginning of the month.

The following is the Coppock Curve analysis based on the “buy” indication and the subsequent performance.  The review of the Dow Jones Industrial Average can be found in our June 7, 2017 posting while the S&P 500 performance can be found in our June 8, 2017 posting.

Coppock Curve: Index Studies

The following is a study of the S&P 500 Index when applied to the Coppock Curve.  Our goals is to determine the period for the most optimal performance with the least amount of risk.  We provide data on the S&P 500 Index from 1954 to the present.

The Coppock Curve is one of the technical indicators that we focus on for long-term buy signals for the stock market. The Coppock Curve is only useful as a BUY indicator when the chart goes from positive territory to the negative territory then turns decidedly upward. As previously indicated, the Coppock Curve does not provide SELL signals in any way. Once the signal turns upward (while in the negative territory), investors should consider buying stocks at the beginning of the month.

The following is the Coppock Curve analysis based on the “buy” indication and the subsequent performance. We will follow this with the Nasdaq Composite in the coming days.  The review of the Dow Jones Industrial Average can be found in our June 7, 2017 posting.

Coppock Curve: Index Studies

The following is a study of the Dow Jones Industrial Average when applied to the Coppock Curve.  Our goals is to determine the period for the most optimal performance with the least amount of risk.  We provide data on the Dow Jones Industrial Average from 1931 to the present.

The Coppock Curve is one of the technical indicators that we focus on for long-term buy signals for the stock market. The Coppock Curve is only useful as a BUY indicator when the chart goes from positive territory to the negative territory then turns decidedly upward. As previously indicated, the Coppock Curve does not provide SELL signals in any way. Once the signal turns upward (while in the negative territory), investors should consider buying stocks at the beginning of the month.

The following is the Coppock Curve analysis based on the “buy” indication and the subsequent performance. We will follow this review with the S&P 500 and Nasdaq Composite in the coming days.

Coppock Curve: April 2017

Since the Coppock Curve flashed a buy indication at the end of March 2016, the Dow Jones Industrial Average gained +18.41% while the S&P 500 gained +15.7%. Our strategy of purchasing Guggenheim S&P 500 Equal Weight ETF (RSP) has proven well timed and we gained 16% on our investment. Below is an update to the Coppock Curve. Continue reading

Coppock Application to Individual Shares

As our readers may be aware, we're big fans of a market indicator known as the Coppock Indicator or the Coppock Curve. Though the indicator was meant to be applied to the Dow Jones Industrial Average, we believe there is utility in applying this indicator to select individual companies.  Our hope is that we can leverage the knowledge we garner from this tool and apply it to other stocks and indexes.

The Coppock Curve is intended to aid long-term investors when investment risk is considered to be lowest. What we've done is apply the same concept to individual companies when we believe they are most likely to be undervalued.  This approach is the merging of fundamental values with a robust technical indicator. One key distinction that we've added is that we've set a 12-month target after the Coppock signal to determine performance and investment opportunities.

Below we have run the Coppock Curve of five companies, that are found on our recent watch lists, with the percentage change after the Coppock "buy" signal has be indicated. The results are shown below and the risk-reward for these 5 companies appear outstanding for the next 12 months.

Continue reading

Coppock Curve: February 2017

Since the Coppock Curve flashed a buy indication at the end of March 2016, the Dow Jones Industrial Average gained +17.80% while the S&P 500 gained +15%. Our strategy of purchasing Guggenheim S&P 500 Equal Weight ETF (RSP) has proven well timed and is up +16.70%. Below is an update to the Coppock Curve.

Continue reading

Coppock Curve: December 2016

Since the Coppock Curve flashed a buy indication at the end of March 2016, the Dow Jones Industrial Average gained +12% while the S&P 500 gained +8.7%. Our strategy of purchasing Guggenheim S&P 500 Equal Weight ETF (RSP) has proven was well timed and is up +10.0%. Below is an update to the Coppock Curve.

Continue reading

Coppock Curve: November 2016

Since the Coppock Curve flashed a buy indication at the end of March 2016, the Dow Jones Industrial Average rose by +8.3% while the S&P 500 gained +6.7%. Our strategy of purchasing Guggenheim S&P 500 Equal Weight ETF (RSP) has proven was well timed and is up +9.2%. Below is an update to the Coppock Curve.

Continue reading

Coppock Curve: September 2016

Since the Coppock Curve flashed a buy indication at the end of March 2016, the Dow Jones Industrial Average has increased by +3.52% while the S&P 500 gained +5.20%. Our strategy of purchasing Guggenheim S&P 500 Equal Weight ETF (RSP) has proven was well timed and is up +6.40%. Below is an update to the Coppock Curve.

Continue reading

Coppock Curve: July 2016

Since the Coppock Curve flashed a buy signal at the end of March, the Dow Jones Industrial Average has risen by +4.20% while the S&P 500 gained +5.50%. While not foolproof, the indicator has been a useful tool for strategic asset allocation.

Continue reading

Coppock Curve: May 2016

The mantra, "sell in May and go away" didn't pan out this year. The Dow Jones Industrial Average has been virtually flat since early May.

Continue reading

Coppock Curve: April 2016

The Dow Jones Industrial average rose +0.5% in April. After flashing a buy signal the previous month, the indicator turned negative which is a flash signal. We noted that the pattern was similar to the one that occurred in 2001. Although this may be a false signal, we're standing pat on our investments and would continue to allocate additional funds if and when the indicator flags another buy signal. Continue reading