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.
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
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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
Edson Gould’s SRL for Mesa Laboratories $MLAB
Below are the downside targets for Mesa Laboratories Inc. (MLAB) From 2008 to 2022: Continue reading
Mesa Laboratories Price Momentum $MLAB
Below is a chart of Mesa Laboratories Inc. (MLAB) from 1996 to 2022, reflecting Price Momentum data.
West Pharmaceutical Services Price Momentum $WST
Below is a chart of West Pharmaceutical Services Inc. (WST) from 1982 to 2022, reflecting Price Momentum data.
U.S. Dividend Watch List: April 22, 2022
Market lost 2.7% for the week and the bear is taking control of the market. Our market indicator confirm this bearish sentiment and we will provide update to this mid week. That being said, those seeking value will be pleased to see large amount of companies on our watch list below. Continue reading
Posted in Dividend Achiever Watch List, Dividend Achievers, Dividend Watch List
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