NEW LOW OBSERVER

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 We have written extensively about the Coppock Curve and you can find historical content here.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.

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 →