(2020-04-29, 03:46 PM)malaguti Wrote:

(2020-04-29, 03:25 PM)marry123 Wrote: This is the big weakness with the stage analysis method after a market crash, having to wait and watch stocks go up 50-75%+ waiting for the S+P to get over the 30 MA weekly. My worry now is that it makes it over the 30 MA weekly as more and more get bullish then it takes the next leg lower which would mean the smart money bought in March on extremely oversold indicators and made huge returns while stage analysis folks who follow the Weinstein method religiously sit and continue to wait and then risk buying right before the next leg lower (if there is to be a next leg lower).

Hi Marry, I'd reiterate what ISA has just mentioned
if you look at other markets you should be seeing Bonds, Gilts and gold all doing exceptionally well which isn't surprising as equities stumble the more defensive side of your portfolio should be in play whilst the equity markets catch up. 
I see technology (Nasdaq) sector in stage 1
diversification is key in my opinion

(2020-04-29, 04:35 PM)marry123 Wrote: Thanks, Isa. If you have any Canadian stocks on your radar that you think fit the bill that are either in early stage 2 or in stage 1 with potential for breaking out please post them if you can.

(2020-04-29, 04:40 PM)isatrader Wrote:

(2020-04-29, 04:35 PM)marry123 Wrote: Thanks, Isa. If you have any Canadian stocks on your radar that you think fit the bill that are either in early stage 2 or in stage 1 with potential for breaking out please post them if you can.

All the best Canadian stocks that I see currently are the gold mining stocks, which are popping up in my scans daily. Loads of them are setting up and could be at buy points soon following the the current pullback in gold. Focus some of your effort there and you'll find some that might be tradable soon.

Here's some from a quick manual scan through the gold mining charts that are interesting and could potentially setup:

AKG.TO, AEM.TO, AGI.TO, AZM.V, BSX.TO, BTO.TO, CAL.TO, CEE.TO, CG,TO, CXB.TO, DPM.TO, ELD.TO, FNV.TO, GBR.V, GCM.TO, GOLD.TO, IMG.TO, K.TO, KL.TO, KOR.TO, LGD.TO, LUG.TO, LUN.TO, MAG.TO, MND.TO, MNT.TO, NG.TO, NGT.TO, OSK.TO, PAAS.TO, PGM.V, ROXG.TO, SBB.TO, SEA.TO, SSRM.TO, SVM.TO, TGZ.TO, TXG.TO, VGCX.TO, VGZ.TO, VSR.V, WDO.TO, WPM.TO, YRI.TO

(2020-04-28, 10:44 PM)isatrader Wrote:

(2020-04-28, 09:43 PM)pcabc Wrote: Regarding the 10 and 30 day EMAs - did you pick those for a reason, do they have any special significance?

There was a reason. But I can't remember exactly now as I set it up around 10 years ago. But I do know the McClellan Oscillator https://www.investopedia.com/terms/m/mcclellanoscillator.asp is made up of the 19 day EMA and the 39 day EMA of the advance decline line data. So the 10 and 30 day EMAs that I use are just a bit faster and obviously tie in with Stage Analysis.

I think with things like these you could use any combination of short and medium term MAs and the results wouldn't be much different. i.e isn't the MACD a 12 day EMA – 26 day EMA for example.

(2020-04-29, 10:06 PM)pcabc Wrote: I thought I had replied to this but obviously lost it when correcting something else.  I notice you use the McClellan, both the oscillator and the summation index in your breadth charts.  Do you find them useful? 

(2020-04-29, 11:18 PM)isatrader Wrote:

(2020-04-29, 10:06 PM)pcabc Wrote: I thought I had replied to this but obviously lost it when correcting something else.  I notice you use the McClellan, both the oscillator and the summation index in your breadth charts.  Do you find them useful? 

Yep, I find they give some differences to the AD data. Although the McClellan oscillator is very similar in moves to the 10 day SMA Momentum Index. But the summation index is fairly unique.