Seasonal MACD Update: Still “No Go”
By: Christopher Mistal
October 04, 2018
As of today’s close, our Seasonal MACD Buy Signal is on Hold. Our 8-17-9 MACD “Buy” indicator applied to DJIA, S&P 500 and NASDAQ are all negative (blue arrows in charts below). Currently, single day gains of 147.85 DJIA points, 44.29 S&P 500 points and 225.27 NASDAQ points are needed to turn our MACD indicators positive on all three indexes.
The criteria to issue our Seasonal MACD Buy Signal is a new buy signal using our 8-17-9 MACD indicator on or after the first trading day of October and DJIA, S&P 500 and NASDAQ must be in agreement. This criterion is not currently satisfied.
[S&P 500 MACD Chart]
In an effort to improve our service, beginning now, all trades associated with Tactical Seasonal Switching Strategy will be tracked in a separate portfolio. This new table appears below. Our goal is to differentiate this strategy from the Sector Rotation strategy that is on page 92 of the 2018 & 2019 Stock Trader’s Almanac and possibly reduce some confusion that existed when all ETF trades were tracked in a single portfolio.
Almanac Investor Tactical Switching ETF Portfolio – October 3, 2018 Closes