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Seasonal MACD Update: Still “No Go”
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By:
Christopher Mistal
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October 04, 2018
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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.
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.