We executed the following transaction(s):
- Japan
- Market Indicator
- Price Momentum Indicators
- Richard Russell
- Silver
- Speed Resistance Lines
- U.S. Dividend Watch List
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.
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
Posted in Dividend Achievers, Dividend Watch List, NLO Dividend Watch List
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Essex Property Trust Price Momentum $ESS
Below is a chart of Essex Property Trust Inc. (ESS) from 1996 to 2022, reflecting Price Momentum data.
YTD S&P 500 Price Momentum $SPY
Below is a chart of the S&P 500 for 2022, reflecting Price Momentum data.
Advance Auto Parts Price Momentum $AAP
Below is a chart of Advance Auto Parts (AAP) from 2003 to 2022, reflecting Price Momentum data.
Daily Journal Price Momentum $DJCO
Below is a chart of Daily Journal (DJCO) from 1988 to 2022, reflecting Price Momentum data.
Taiwan Semiconductor Price Momentum $TSM
Below is a chart of Taiwan Semiconductor Manufacturing Co. (TSM) from 1999 to 2022, reflecting Price Momentum data.
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.
Hingham Institution for Savings Price Momentum $HIFS
Below is a chart of Hingham Institution for Savings (HIFS) from 1990 to 2022, reflecting Price Momentum data.
U.S. Dividend Watch List: November 11, 2022
The market continued to make gains and increased nearly 6% for the week. A strong rebound from the one year low pushed many companies away from the low and the number of companies on our watch list shrank to less than 30 companies. Below is the watch list for this week. Continue reading
Posted in Dividend Achiever Watch List, Dividend Achievers, Dividend Watch List
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FedEx Price Momentum $FDX
Below is a chart of FedEx (FDX) from 1980 to 2022, reflecting Price Momentum data.
Scotts Miracle-Gro Price Momentum $SMG
Below is a chart of Scotts Miracle-Gro (SMG) from 1994 to 2022, reflecting Price Momentum data.