Gould’s 10-Year Targets for Danaher Corp. $DHR

Below are the valuation targets for Danaher Corp. (DHR) for the next 10 years. Continue reading

U.S. Dividend Watch List: May 6, 2022

It was a wild ride for the market this week as the S&P 500 rose as high as +3% and gave back all those gains by the end. The market lost -0.3%  and some indexes closed at their yearly low which is a bearish sign that the S&P 500 and  Dow will likely follow. Our watch list expanded tremendously and now contain almost 200 companies. Below is this week's dividend watch list. Continue reading

Calavo Growers Price Momentum $CVGW

Below is a chart of Calavo Growers (CVGW) from 2004 to 2022, reflecting Price Momentum data. Continue reading

XAU Index Price Momentum

Below is a chart of Philadelphia Gold And Silver Stock Index from January 1985 to May 4, 2022, reflecting Price Momentum data.

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Dow Price Momentum

Below is a chart of Dow Jones Industrial Average from January 1, 2007 to May 2, 2022, reflecting Price Momentum data.

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Downside Target Q&A

After our April 30, 2022 S&P 500 Downside Targets assessment there was a very important question raised which requires additional commentary. Continue reading

S&P 500 Downside Targets

This posting will cover the downside targets for the S&P 500 Index using Dow Theory.

Dow’s Theory: 2020-2022

Applying Dow Theory from the March 23, 2020 to April 29, 2022 period, the downside targets for the S&P 500 Index are: Continue reading

Dow’s Downside Target For the Nifty 50

Below are the downside targets based on the work of Charles H. Dow. Continue reading

NLO Market Indicator–April 29, 2022

The S&P 500 lost -9% in the month of April and many indicators are pointing to a bearish market. Our Dow Theory Indicator (red line) has not turned negative yet. However, all major indexes are approaching their yearly low (see second chart below) and surely will trigger our indicator to move into negative territory of –1 and give us a sell signal.

Although an official sell signal hasn’t been triggered by this indicator, our read on the market breadth has been negative since the Market Score (green line) went into negative territory on February 1st. At the time, the S&P 500 was at 4,547 which is 10% higher than current level.

A buy signal occurs when market capitulates to the downside. A mark of –5 indicate a market capitulation to the downside and triggers a buy signal. Continue reading

Gould’s 10-Year Targets for Balchem Corp.

Below are the valuation targets for Balchem Corp. (BCPC) for the next 10 years. Continue reading

Nasdaq Price Momentum

Below is a chart of Nasdaq Composite Index from April 28, 2022, reflecting Price Momentum data.

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Gould’s Upside Targets for Ark Innovation

Below are the Upside Resistance Lines for Ark Innovation ETF (ARKK) based on the work of Edson Gould: Continue reading

Gould’s 10-Year Targets for Roper Technologies

Below are the valuation targets for Roper Technologies (ROP) for the next 10 years based on the work of Edson Gould. Continue reading

Pentair 10-Year Targets

Below are the valuation targets for Pentair (PNR) for the next 10 years. Continue reading

Pentair Price Momentum $PNR

Below is a chart of Pentair (PNR) from 1990 to 2022, reflecting Price Momentum data. Continue reading