Daily Market Analysis

Daily Market Analysis for 28 Mar 2013 Close

Welcome to Objectively Defined Non-Ambiguous Market Timing Analysis.
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Market Timing Direction: BULLISH since Mar 8 Close. See complete track record of the market timing performance.

Analysis  Direction  Timely Note
Market Breadth Pattern  Bullish On Thursday, market breadth was slightly positive. The system maintains its Bullish position.

The prevailing market state is a Neutral market.

In the short term, the market is neither overbought nor oversold

Primary Breadth Trend  Bullish The primary market breadth is now in bullish territory.
Monetary Conditions  Bullish Monetary base is currently stable at elevated level. The Interest Rate Pump factor has also stabilized at elevated level. The monetary policy is thus still extra easy. We thus maintain long term bullish outlook.
Range Expansion Not Favorable Range expansion to the Long side is currently NOT favorable.

Note: Any change from previous day summary is highlighted in blue.

Market Breadth Pattern

Daily Market Breadth Pattern - 20130328

Primary Market Breadth

Please refer to the following page: http://stockcharts.com/h-sc/ui?s=$NAHL&p=D&b=4&g=0&id=p22957433685

Monetary Conditions

Note: The following charts are updated once every month. The chart was last updated on Aug 8, 2012.

Industry Rotation

Industry Rotation-20130328

Color legend:

  • BLUE: 1 month leader and 1 week leader,
  • LIGHT BLUE: 1 month leader,
  • LIGHT GREEN: 1 week leader,
  • RED: 1 month laggard and 1 week laggard,
  • MAGENTA: 1 month laggard,
  • ORANGE: 1 week laggard.

Earnings Cycle

Click on the Chart itself to see the bigger version.

Earnings Cycle-20130326

Range Expansion Long-side Profitability Index

Click on the Chart itself to see the bigger version.

RangeExpanLongSide-20130328

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About timelysetup

Timely Setup Owner

Discussion

One thought on “Daily Market Analysis for 28 Mar 2013 Close

  1. Hi Thanks again for your time and effort to put your analysis here. Now I am checking your post every day.

    After following your analysis for some times, I feel conformable with my own market feeling because my conclusion is mostly close to your conclusion even though i do not have your sophisticated system. But I do not know how to follow your industry rotation results. Can i ask two questions, please?

    1. what is your rationale of organize the industries? or where can I find those stocks in your organized industries?Although some industries are very easy to know such as airline, shipping, some like today’s processed or packed gds are not so obvious?

    2. How to use these results? Should we buy those leasing industry stocks (such as shipping) or waiting for consolidation for a while. Based on momentum theory, one month momentum tends to reverted.

    Thanks again for your excellent work!

    Charles

    Posted by Charles Chen | March 30, 2013, 2:15 pm

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