News
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
News
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.
News
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
News
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
News
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
News
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
News
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.
News
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
News
Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 11) The SPX index lost 28bps on the session, closing at 6637. The index tested and held the 10dma (ref 6627) with a low of 6621 as price continues to work between it (the 10dma) and the Upper Bolinger Band. Momentum
News
Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 10) The SPX index lost 55bps during yesterday’s session, closing at 6656 after achieving a minor new all-time high at 6699.52. My momentum and trend indicators remain firm. My Spot VIX signal remains “neutral”. My VIX Term Structure signal
News
Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 9) The SPX index gained 44bps on the session, hitting yet another all-time high (ref 6698) and all-time closing high (ref 6693). My momentum and trend indicators continue to expand. My Spot VIX signal remains “neutral”. My VIX Term Structure signal
News
Current ACAP Momentum/Trend Model Signal: POSITIVE (Day Count = 8) The SPX index gained 49bps during Friday’s session, hitting a new all-time high (ref 6671) and all-time closing high (ref 6664). My momentum and trend indicators continue to expand as price emerges from the Aug 13-Sep 4 consolidation. My