Saturday, January 09, 2010

Charts for end-of-day analysis

Although some of you are glued to the computer screen all day long, I suspect many more of you are only occasionally at your computers and at that, mostly after market hours.  That doesn't mean you have to accept mediocre investment returns when the application of a couple simple trend indicators can you on the right side of major trends in the market or in particular stocks.

As for those who are able to watch the market all day long, sometimes, less is more.  Especially when less = simplicity and more = profitability.

There are enough stock blogs that cover the complicated, esoteric and oblique in terms of technical analysis of stocks and markets.  It is in the spirit of simplicity (and my mantra, below) that I present the following charts.  They include two trend indicators, my Daily Trend Following Model (navy line) and in the bottom panel, The Vortex Indicator.   I am suggesting the obvious here, so clearly obvious that I am going to let you figure it out from the charts below.

The mantra of AllAllan remains,

Find something that works.  Then trade it.


Daily charts: Suitable for end-of-day trading 


SPY 



GLD



NNVC



AAPL



AMZN



GOOG



GS



A
at

18 comments:

  1. Anonymous10:45 AM

    guess i am stupid but what are you suggesting?

    ReplyDelete
  2. Anonymous10:57 AM

    allan
    your atr model, is it proprietary what exactly are the parameters,

    if i subscribe do i get the recipe or do you just notify me

    ReplyDelete
  3. Anonymous11:03 AM

    Looks like GOOG is a good short on both models. Allan are you going to incorporate the vortex into your subscription service symbols or is that system staying as is?

    Byron

    ReplyDelete
  4. Unknown11:12 AM

    Allan,

    if NNVC stays at or under $99.99...will you still be around?

    Great stuff.

    I like simple.

    -Mike

    ReplyDelete
  5. A11:14 AM

    Re: ATR Model

    IIt's in the public domain. I've disclosed it in previous blogs, but if you don't want to sift through the archives, subscribe and send me a note, I'll direct you with a link.

    ReplyDelete
  6. A11:15 AM

    Re: Vortex Indicator

    For now, I am including it on all charts, it looks helpful as a confirmation indicator and/or a filter.

    ReplyDelete
  7. A11:17 AM

    Mike,

    When NNVC crosses the $100.00 price level, I am reserving the right and privilege to disappear off the face of the earth. Until then, you are stuck with me.

    A

    ReplyDelete
  8. Unknown11:30 AM

    who's the market maker in that stock...

    I need to talk to him.

    -Mike

    ReplyDelete
  9. Anonymous1:09 PM

    allan
    with your subscription, do you give stops or do you just send out an email when it flips

    ReplyDelete
  10. A1:18 PM

    Re: stops

    There are no stops per se, as the robust nature of the trend indicator serves as an natural stop/reversal. I try to make each update self-sufficient for all to follow the Model's trigger points on Hourly, Daily and Weekly basis.

    The Weekly charts are phenomenal, yet are so boring to follow, maybe 1-2 trades a month, that it takes a certain mind set to pull-off......a purely objective, unemotional, mechanical approach to long term investing.

    Find something that works.

    Then trade it.

    A

    ReplyDelete
  11. Anonymous2:54 PM

    Alla :

    NNVC will hit zero within a year. All analysts agree. Dump the dog.

    Douglas

    ReplyDelete
  12. Unknown3:37 PM

    "The Weekly charts are phenomenal, yet are so boring to follow, maybe 1-2 trades a month, that it takes a certain mind set to pull-off......a purely objective, unemotional, mechanical approach to long term investing."

    Good interval for a core position...whether long or short...imo.

    Especially when you consider the damage that's been done to the dollar.

    Let the tool do the work.

    -Mike

    ReplyDelete
  13. t3:38 PM

    Ha.Thats a good one doug.

    ReplyDelete
  14. Unknown3:40 PM

    also re: weekly's

    a good hedge for daily's that go south...

    -Mike

    ReplyDelete
  15. Anonymous6:12 PM

    Most of the trend following systems work great last year. try a simple EMA21/56 cross system on those stocks, it gives single BUY signal in Mar/April till now for most of them... but you never know when it stops work, or when market goes to consolidation mood

    ReplyDelete
  16. Anonymous6:04 AM

    allan
    i've read all the info on nnvc but what makes you so sure of 100 in 4 years, how did you come up with that time frame

    when did you first hear of it

    thanks

    ReplyDelete
  17. Unknown7:01 AM

    >Most of the trend following systems work great last year. try a simple EMA21/56 cross system on those stocks, it gives single BUY signal in Mar/April till now for most of them... but you never know when it stops work, or when market goes to consolidation mood

    per Peter Lynch....(can't remember which book)....you need to be a bloodhound.

    the next trending market is occurring right now.

    -Mike

    ReplyDelete
  18. Anonymous9:02 AM

    Find and follow a proven effective approach that suits YOU and don't be swayed by nonsense.

    If approach doesn't suit your personality, you may not stick to it or worse: second guess the signals!

    Luckily for Allan ATR followers, they can choose to model themselves off of his many approaches. e.g. MONTHLY, WKLY, DAILY, INTRADAY


    Lucky

    ReplyDelete