(88 unread) – email@example.com – Yahoo Mail – BDH Blog Post December 29, 2019
|There will not be a standard blog post this week, as the markets continueto melt up and attain new all-time highs, as they have done for the past two months, but ata more subdued pace. This week, the NASDAQ Composite had a smooth ride up gaining 0.91% withminimum volatility. The S&P 500 was up 0.58% while the DJIA gained 0.67%. Surprisingly the numberof new 52-week NYSE highs decline to 380 from 478 the prior week. |
The percentage of NYSE stocks above their 200-dma remained at 71%, its highest readingsince February 2018, and the % above their 50-dma remained at 76.2% for the second weekin a row reaching the April 2019 level.
The BDH Dashboard remains on maximum “4”BUY Reading as of 12/19/2019.The market has had a very powerful and sustained advance since early October .At this juncture retain all 5 ETFs and have appropriate stop LIMITs in place. A full blog post will be posted on January 4 or 5th.
Here is the link to dark-liquidity to see the BDH Strategy performance and current holdingsyear-to-date which are up 9.67%. Note that there is sometimes a discrepancy betweenthe Strategies listing which in at 9.67% and the BDH listing with the portfolio of 6.04%. The formernumber is correct and the website owner has been notified of this continued problem: http://dark-liquidity.com/index.php/strategies/