2022 Dogs of the TSX 60

Below is a chart of the performance of the Dogs of the TSX 60 from December 31, 2021 to December 31, 2022. Continue reading

2022 Dogs of the Dow Review #DogsoftheDow

In our January 2, 2022 posting on the Dogs of the Dow, we said the following:

  • "In the coming year, we’re expecting the market to underperform generally and accept that there is no real 'safe haven.'”
  • "As shown in the 2017 article, the assumption is that if the year ends in the negative, these two categories will lead the way down. Meanwhile, if the year ends on the downside, the high yield stocks should have the market beating performance."

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Market Historical Returns and Subsequent Year

Major indexes ended the year down -10% to -30% for the year. Tables below shows the historical market return and what occurred in the subsequent year. Hopefully this provides some framework of what to expect in 2023. Continue reading

Tesla Price Momentum

Below is a chart of Tesla Inc. (TSLA) from 2012 to 2022, reflecting Price Momentum data.

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Transaction Alert

We executed the following transaction(s):

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Technical Review–ASML #GoldenCross

There is an underlying technical pattern emerging within the chip sector. One of the most crucial component in chip making is the Lithography process and the leading (or perhaps only) company in this sector is ASML. Anyone wanting to understand the background behind this company can watch this CNBC video call Why The World Relies On ASML For Machines That Print Chips.

With that understanding in mind, chip making is a cyclical business with ups and downs and depended heavily in CapEx from companies such as TSMC, Intel, and Samsung. Our chart review today shows a very simple pattern known as Golden Cross which is when the 50 SMA is crossing above 200 SMA. Although it is consider to be a Bullish indicator, not many have back test this logic and provide some statistics behind it. We’ve done just that and the table below shows the detail.

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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

NYSE Oil & Gas Stock Index Update #OOTT

Review:

On July 6, 2022, we said the following: Continue reading

U.S. Dividend Watch List: November 25, 2022

The market continued to move upward as the Dow Industrial has risen almost 20% from the low seen in early November. Continue reading

Essex Property Trust Price Momentum $ESS

Below is a chart of Essex Property Trust Inc. (ESS) from 1996 to 2022, reflecting Price Momentum data.

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YTD S&P 500 Price Momentum $SPY

Below is a chart of the S&P 500 for 2022, reflecting Price Momentum data.

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Advance Auto Parts Price Momentum $AAP

Below is a chart of Advance Auto Parts (AAP) from 2003 to 2022, reflecting Price Momentum data.

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Daily Journal Price Momentum $DJCO

Below is a chart of Daily Journal (DJCO) from 1988 to 2022, reflecting Price Momentum data.

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Taiwan Semiconductor Price Momentum $TSM

Below is a chart of Taiwan Semiconductor Manufacturing Co. (TSM) from 1999 to 2022, reflecting Price Momentum data.

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Dow Jones Industrial Average Price Momentum

Below is a chart of Dow Jones Industrial Average from January 1, 2007 to November 11, 2022, reflecting Price Momentum data.

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