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Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 21) The SPX index gained 58bps during yesterday’s session hitting both a new all-time high (ref 6755) and all-time closing high (ref 6753). The index continues to grind higher as momentum and trend indicators remain steady. My Spot VIX signal
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Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 20) The SPX index lost 38bps during yesterday session, closing at 6714 after hitting a new all-time of 6754. Momentum and trend indicators remain steady. My Spot VIX signal remains “neutral”. My VIX Term Structure signal remains “risk on”. The ACAP
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Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 19) The SPX index gained 36bps during yesterday’s session, marking a new all-time closing high of 6740. To note, on a closing basis the current ACAP signal has returned 3.19%. Momentum and trend indicators improved. My Spot VIX signal
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Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 18) The SPX index was essentially flat in the day Friday, hitting a new all-time high (ref 6750) and closing at 6715. To note, on a closing basis the current ACAP signal has returned 2.81%. Momentum and trend indicators held.
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Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 17) The SPX index gained 6bps yesterday, once again hitting a new all-time high (ref 6731) and a new all-time closing high at 6715. To note, on a closing basis the current ACAP signal has returned 2.81%. Momentum and trend
Media Appearances
[embed]https://x.com/cmt_anthony/status/1973736637202124883[/embed] Anthony Esposito, CEO of AscalonVI Capital, told FOX Business that the benchmark S&P 500 index has risen on a net basis during the past 10 shutdowns, including the current federal funding lapse. He said that "on a net
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Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 16) The SPX index gained 34bps yesterday, hitting a new all-time high (ref 6718) and a new all-time closing high at 6711. This was the first time in history where the SPX index both traded and closed above 6700. Momentum and
Media Appearances
[embed]https://x.com/cmt_anthony/status/1973500539758604783[/embed] Great conversation this morning on NEWSMAX with Timothy Doescher on National Report
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Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 15) The SPX index gained 41bps during yesterday’s session, closing at 6688 to end both the month and the quarter. This close ticked just 8bps below the Sep 22 all-time high closing price of 6693. Price remains constructive. Momentum and
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Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 14) The SPX index gained 26bps yesterday, closing at 6661. The session ultimately showed some slight indecision with a high/low range of 27 points and an open/close range of less than one. That said overall action was constructive as
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Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 13) The SPX index gained 59bps during Friday’s session, closing at 6643. As I wrote last week, “The index has found support, as expected, at 6600 and at the 20dma (ref 6561) which is included in the Bollinger Band overlay.
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Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 12) The SPX index lost another 50bps during yesterday’s session, closing at 6604. This competes a 3-day, down 1.33% move. Although price has faded, this move has been well contained. The index has found support, as expected, at 6600