Friday, October 19, 2018

Despite The Recent Tech Sector Sell-off Models Still Likes The Sector.

Outlook for the next 2 weeks.
Sym Scale
5-0
Positives
(long)
TQQQ 3.88
SOXL 3.48
TECL 3.35
INDL 3.34
UPRO 3.31
MVV 3.27
MIDU 3.25
MORL 3.2
QLD 3.19
RUSL 3.13
Negative
(short)
SQQQ 1.1
TVIX 1.08
UGAZ 1
BOIL 0.96
QID 0.92
SKF 0.87
TECS 0.78
SPXS 0.72
SOXS 0.68
UVXY 0.36

Interim Report from last week's 10 day call.
Sym Scale
5-0
5 Day
% Change
Positives
(long)


LABU 3.91 1.95%
SOXL 3.77 -3.40%
UPRO 3.63 0.88%
TNA 3.57 0.10%
MORL 3.55 1.21%
UST 3.31 -0.37%
YINN 3.24 -5.66%
SPXL 3.23 0.86%
URE 3.21 4.51%
SSO 3.19 0.66%
Average
0.07%
Negative
(short)


SH 0.98 -0.38%
SDOW 0.96 -1.85%
DRV 0.95 -6.58%
BIS 0.92 -2.90%
SDS 0.88 -0.87%
UVXY 0.83 0.54%
QID 0.8 -0.31%
SOXS 0.74 1.95%
SQQQ 0.71 -0.56%
TVIX 0.56 0.04%
Average
-1.09%

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