The last positive "Cross-Over" for the S&P500 Index was on 12/20/2011. A "Cross-Over" is an event when both the "SlopeNet" (Green Line) and "2 to 6 Week Momentum" (Red Line) Indicators cross-over into positive territory from negative territory or drop back into negative territory from positive territory. The "SlopeNet" is calculated by adding PEXT, PTST, PBO and NRTC then subtracting NEXT, NTST, NBD and PRTC. The "2 to 6 week Indicator" is calculated by adding PEXT, PTST, PBO and PRTC then subtracting NEXT, NTST, NBD and NRTC. "Cross-Over" price is the opening price of the underlying asset on the next day after the "Cross-Over". On 12/21/2011, the opening price for the SPY was 123.92.
Cross-Over return for the SPY is presently 13.63%
The BCP portfolio YTD return for the SPY is 12.20% verses 12.20% for the "buy and hold" strategy.
March 30th 2012
Symbol | Name | 1-5days | 5-25days | 2-6 Weeks |
(SPY) | S&P500 Index | +69.18 | +42.02 | +51.18 |
Price Structure | Issues | Weight |
Extending Positive Channel PEXT | 167 | 39.72 |
Retesting Positive Channel PTST | 74 | 13.58 |
Breakout Positive Reversal PBO | 56 | 10.64 |
Retracing Negative Channel NRTC | 30 | 7.08 |
Retracing Positive Channel PRTC | 57 | 11.66 |
BreakDown Negative Reversal NBD | 50 | 8.98 |
Retesting Negative Channel NTST | 21 | 3.96 |
Extending Negative Channel NEXT | 45 | 4.40 |
(Click to enlarge)
The last positive "Cross-Over" for the Basic Materials Sector was on Friday March 30th. The BCP Model is neutral. The BCP portfolio YTD return for the XLB is 9.94% verses 10.36% for the "buy and hold" strategy.
March 30th 2012
Symbol | Name | 1-5days | 5-25days | 2-6 Weeks |
(XLB) | Basic Materials | +92.74 | +25.86 | +6.51 |
(Click to enlarge)
The last negative "Cross-Over" for the Energy Sector was on March 22nd. The BCP Model is neutral. The BCP portfolio YTD return for the XLE is 5.15% verses 3.78% for the "buy and hold" strategy.
March 30th 2012
Symbol | Name | 1-5days | 5-25days | 2-6 Weeks |
(XLE) | Energy | +96.64 | +4.949 | -22.50 |
(Click to enlarge)
The last Positive "Cross-Over" for the Financial Sector was on December 22nd 2011. The "Cross-Over" price was 12.88. The return as of last Friday March 30th was 22.68% The BCP Model is "Long". The BCP portfolio YTD return for the XLF is 21.54% verses 21.54% for the "buy and hold" strategy.
March 30th 2012
Symbol | Name | 1-5days | 5-25days | 2-6 Weeks |
(XLF) | Financial | +76.22 | +28.43 | +82.50 |
(Click to enlarge)
The last Positive "Cross-Over" for the Industrial Sector was on March 13th 2012. The prior Negative "Cross-Over" was on March 6th 2012. This was an unusually short time span. Normally, it takes 2 to 6 weeks between "Cross-Overs". The BCP Model is "Long". The BCP portfolio YTD return for the XLI is 10.87% verses 10.87% for the "buy and hold" strategy.
March 30th 2012
Symbol | Name | 1-5days | 5-25days | 2-6 Weeks |
(XLI) | Industrial | +92.88 | -1.08 | +42.50 |
(Click to enlarge)
The last Positive "Cross-Over" for the Technology Sector was on December 22nd 2011. The "Cross-Over" price was 25.10. The return as of the close on March 30th was 20.16%. The BCP Model is "Long". The BCP portfolio YTD return for the XLK is 18.51% verses 18.51% for the "buy and hold" strategy.
March 30th 2012
Symbol | Name | 1-5days | 5-25days | 2-6 Weeks |
(XLK) | Technology | +23.64 | +59.74 | +69.65 |
(Click to enlarge)
The last Positive "Cross-Over" for the Consumer Staples Sector was on November 30th 2011. The "Cross-Over" price was 31.93.The return as of the close on March 30th was 6.73%. The BCP Model is "Long". The BCP portfolio YTD return for the XLP is 4.90% verses 4.90% for the "buy and hold" strategy.
March 30th 2012
Symbol | Name | 1-5days | 5-25days | 2-6 Weeks |
(XLP) | Consumer Stables | +68.14 | +37.58 | +49.60 |
(Click to enlarge)
The last Positive "Cross-Over" for the Health Care Sector was on December 6th 2011. The "Cross-Over" price was 33.66. The return as of the close on March 30th was 11.73%. Notice that on 2/10 the two indicators dipped into negative territory and then returned to positive territory within three days. This anomaly is attributed to the usually low volatility. The BCP Model is "Long". The BCP portfolio YTD return for the XLV is 8.41% verses 8.41% for the "buy and hold" strategy.
March 30th 2012
Symbol | Name | 1-5days | 5-25days | 2-6 Weeks |
(XLV) | Healthcare | +81.54 | +98.40 | +91.70 |
(Click to enlarge)
The last negative "Cross-Over" for the Utilities Sector was on March 20th. The BCP Model is neutral. The BCP portfolio YTD return for the XLU is -1.92% verses -2.61% for the "buy and hold" strategy.
March 30th 2012
Symbol | Name | 1-5days | 5-25days | 2-6 Weeks |
(XLU) | Utilities | +92.22 | +27.62 | -15.59 |
(Click to enlarge)
The last Positive "Cross-Over" for the Consumer Sector was on December 22nd 2011. The "Cross-Over" price was 38.80. The return as of the close on March 30th was 16.21%. The BCP Model is "Long". The BCP portfolio YTD return for the XLY is 15.56% verses 15.56% for the "buy and hold" strategy.
March 30th 2012
Symbol | Name | 1-5days | 5-25days | 2-6 Weeks |
(XLY) | Consumer Discretion | +79.74 | +59.53 | +55.91 |
(Click to enlarge)
