Macro- Monday has revealed little new information.  The market is poised to end the year on a very bullish note, wrapping up a monster year.  What will 2020 bring?  That's the question. We turn to the Chaikin Analytics platform for an edge in seeing established and emerging trends.  The trend we are currently watching is in the early stages, should it continue to develop.  That trend is the rise in commodities, as noted below aspart of our RS analysis. We are also watching dollar weakness, which is correlated to the rise in commodities.  Watch todays video for our complete Macr0_monday analysis, and a demonstration of how we use the Chaikin screener to search for both Bullish and Bearish trades.   

This week we we have broke our Paper ETF portfolio management into two parts.  Part 1 is analysis, liquidation and acquisition decisions. This week we are focused on our domestic holdings, U.S. Sectors and U.S. Sub-Sectors.  The image below is a screen shot of our current holdings in our ETF portfolio, which we are now 14 months in and have finally begun to show gains as the market has been trending higher in the past few months. Despite the fact that we believe the market is over-extended, in health care specifically, we follow our rules, follow the relative strength and add one trounche at a time. 

In management part 2, we add our new positions, discuss in detail why we our adding $XPH despite the fact that the ETF is incredibly parabolic.  We also spent some time managing our Delta neutral holdings, which consist exclusively of $SPY strangles. This is strategy is on the deeper end of the pool, and carries significant risk.  We manage the risk be rolling up and out when one side of our trade is challenged an/or we are inside 21 days to expiry.  

If you have any questions on either strategy we cover in comment below or on our social channels.  Reminder, everything we do is paper money simulation for demonstration only and should never be received as advice.  

We decided to beat the holiday rush and jump into our weekly Relative Strength Wednesday a little early this week.  No surprises here, more of the same.  Healthcare, Tech and Financials continue to lead. We are noticing Energy showing some bullish signs, which goes with our theme from Macro-Monday of increased bullishness in commodities. 

The trend in performance over the last two months is clear, Tech, Financial and Healthcare have led this latestest leg of the rally.  However keep an eye on Utilities as there may be some early positioning as bonds appear to be bottoming, at least in the short-term, and a mean reversion may be in the cards. 

Our Macro-Monday meeting showed a SPY Bull:Bear ratio that has now put in a higher high, as it breaks 2.0 for the first time since July.   We also are interested by what appears to bullish signs in Energy and Commodities. 

We also dive deep on sub sector relative strength, where we also find some possible emerging trends.  Watch todays video for our complete Macro-Monday analysis. 

The Bull : Bear ratio of the SPY is as bullish as it's been since late summer 2019. The SPY is currently riding the upper volatility band and overbought.  We spent some time today using the Chaikin Analytics screener, looking for  Bullish and Bearish opportunities. We also managed several of our Chaikin Checklist trades.  We have a few big winners in our forward test.  

After a quick look at the market pre-open, we turned to managing our simulated ETF portfolio. After 15 month, we are beginning to trend and make money in our paper portfolio. Following our rules and using the Chaikin platform have kept us alive, to live another day! 

Little change to our Relative Strength Wednesday analysis.  For the fifth straight week Financials, Healthcare and Tech remain atop out relative strength analysis. There's little evidence this is likely to change in the short-term.  Utilities and Bonds may be in the early stages of a move higher, worth keeping an eye on.   Watch today's video for what we think is our most Chaikin Power User meeting of the week.

WIth phase one ( or  maybe phase 1.1) behind us, the market looks like it could rally a bit from here, but likely to become a little extend quickly, as we haven't seen many OB/OS oscillators clear OS in some time. Watch todays video for our complete Macro review and detailed look at relative strength performance in sectors and sub-sectors over the past week. 

After a rough start, in October 2018, our simulated ETF portfolio has turned the corner and we are up several thousand ( paper) dollars.  During today's meeting we managed our simulated ETF portfolio.  Why would we fully liquidate our XLI holdings?  WE explain in today's video. 

Relative Strength WEdnesday pulls the curtain back on Financials, Tech and Healthcare continuing to jockey for position as the top three S&P sectors.  We also noted a rise of the bottom for the defensives, XLU and XLP most notably.  XLP continues to look strong technically, despite a mid-pack bull:bear ratio. Also, we noted a bullish MA cross in the USO.  Watch todays video for our complete Relative Strength Wednesday Analysis.