MAPsignals Members Only: Market Update

Members Update 2-6-24

by Lucas Downey All, Members Only, Special Reports, Stocks
Lucas Downey
Lucas Downey
Lucas is co-founder of MoneyFlows. His full bio can be found here. Prior to MoneyFlows, he was Head of ETF Sales at Cantor Fitzgerald & SVP of Derivatives at Jefferies, LLC.

8 Comments

Great update and I love what you guys do here. With the historical IWM returns after overbought conditions, would you recommend buying TZA or similar to gain from the potential decline?
S&P Post OB BMI, 1st week drop -1% and there is another bar raise 0.2%? What does it mean?
The upward returns are how the S&P performs on average during the same timeframe.
sor, what is the meaning of S&P post PB BMI? After the BMI below 80 and the S&P mostly drop 1%? 1st Week S&P Post OB BMI, S&P Drop 1%, At the Same time, S&P Raise 0.2% Post OB BMI, the S&P is Drop 1% ot Raise 0.2%? Thanks!
What's the different between S&P Post OB BMI and S&P?
S&P Post OB is how the S&P 500 performs on average from the final day of overbought. S&P 500 is the S&P 500 performs on average 1-week, 2-week, etc. from 2009 - 2023. The point should be very clear: on average the S&P 500 goes up over time. However, post OB, markets are weak on average.
Please interpret for me the Market Cap Chart, Big Buying and Selling by Market Cap?
This looks at our buy and sell signals in aggregate for a specified time period. What's useful is the ability to see clearly the behavior of different sized groups of stocks.

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