S&P 500 Sector ETF Momentum Rankings

Discussion in 'ETFs' started by AndersenBands, May 3, 2018.

  1. I decided the 1,50,50 doesn't really work, so I put in a 20,1,20. I buy when the 1,20,1 and 1,50,1 are both upturned and according to the BLSH screener and I manage the position by reading the 1,20,20 and 20,1,20.

    Screen Shot 01-02-20 at 07.27 PM.PNG
     
    #261     Jan 2, 2020
  2. I use a 5-day MACD and get in before the 20-day MACD turns positive now. Can often get an ITM weekly covered call assigned at a profit even if the market is moderately bearish.

    Screen Shot 01-22-20 at 01.31 PM.PNG
    Screen Shot 01-22-20 at 01.36 PM.PNG Screen Shot 01-22-20 at 01.37 PM.PNG Screen Shot 01-22-20 at 01.42 PM.PNG
     
    #262     Jan 22, 2020
  3. I'm doing about the same but I put in a real Barchart Awesome Oscillator. Buy screened stocks on a red histogram and sell calls until it's called away profitable or sell upon reaching a green histogram. I'm bottom-picking, but I'd rather do that than miss at top-picking and have a good stock crash on me.

    Screen Shot 01-25-20 at 08.59 PM.PNG
     
    #263     Jan 25, 2020
  4. Bottom-picking from a bunch of falling stocks got too depressing, so I decided to go the other way.

    Screen Shot 01-26-20 at 09.49 PM.PNG
    Screen Shot 01-26-20 at 09.50 PM.PNG
    Screen Shot 01-26-20 at 09.51 PM.PNG
    Screen Shot 01-26-20 at 09.51 PM 001.PNG
     
    #264     Jan 26, 2020
  5. On the theory that it's hard to argue with a 600-day Linear Regression Channel.....

    Screen Shot 01-27-20 at 04.18 PM.PNG
    Screener setting to get mostly upward LRCs.

    Screen Shot 01-27-20 at 04.18 PM 001.PNG
    Screener results to choose from.

    Screen Shot 01-27-20 at 04.41 PM.PNG
    The sort of chart I'm looking for for covered calls.

    Screen Shot 01-27-20 at 04.42 PM.PNG
    Downhill and sideways LRCs should be rejected as you'd be fighting an uphill battle.
     
    #265     Jan 27, 2020
  6. I remembered what Chuck Hughes said about 52-week highs, so I put 52-week price change in, which got rid of downhill and sideways LRCs.
    Then I put in 9-month price change and 200-day moving average, which got rid of stocks in the top standard deviation.

    Screen Shot 01-29-20 at 03.24 PM.PNG
    Screen Shot 01-29-20 at 03.24 PM 001.PNG
    Screen Shot 01-29-20 at 03.25 PM.PNG
     
    #266     Jan 29, 2020
  7. I wanted a way to find a few more stocks near the bottom, so I put in a Chuck Hughes Keltner Channel and a 20-day Percent R for some stocks to search through.

    Screen Shot 01-30-20 at 07.22 PM.PNG
    Screen Shot 01-30-20 at 07.27 PM.PNG
     
    #267     Jan 30, 2020
  8. I was experimenting with indicators and it seems to me 55-day Turtle Channels with a 55-day moving average are useful for determining a reasonable length of time you can exploit a Linear Regression Channel/Turtle Channel breakout: expect the price to cross the 55-day moving average eventually and if it crosses back before the Turtle Channel's 55 days ends the price will probably cross the 55-day moving average again.

    Screen Shot 01-31-20 at 07.24 PM.PNG
    Screen Shot 01-31-20 at 07.26 PM.PNG
     
    #268     Jan 31, 2020
  9. I originally thought 20-day Turtle Channels were too short, but I use them now on the same principle as the 55-day Turtle Channels.

    Screen Shot 02-04-20 at 07.00 PM.PNG
     
    #269     Feb 4, 2020
  10. I added a 600,1 LRC to make a four-lane and did away with Turtle Channels.

    "Go long in stocks in or below the bottom lane of a rising Linear Regression Channel complex and set strike prices according to the MACDs. Expect the price to cross the 20-day moving average or the nearest higher LRC line eventually and if the price crosses back the price will probably cross it again. The system works in reverse for puts but it may be harder to find good put opportunities and implement them in real life successfully than good covered call opportunities."

    Screen Shot 02-05-20 at 02.19 PM.PNG
     
    #270     Feb 5, 2020