|Deciphering several paragraphs of
text can sometimes be a challenge, particularly if there are conflicting
pieces of information.
To help get our point across, each comment is accompanied by a "signal strength" icon. The icons are meant to show, at a quick glance, whether the comments for that particular note show a strong edge one way or the other for the direction of the equities market, and how strong we feel that edge to be.
PLEASE NOTE: these icons do NOT represent the size or type of positions we’re holding in personal or managed accounts, which may change at any time without notice, and they are NOT trade recommendations for subscribers.
All changes to the signals are archived here.
We neither expect nor encourage any subscriber to take these as trading signals, so if you do please understand that you're on your own. We mean for them to be wrapped into your current methodology and give you more or less confidence in your trade based on what our evidence is suggesting.
The "Traders" signal strength takes its cue mostly from the signposts, but we take our other models, indicators and studies into account as well, and that may override whatever reading is being suggested by the studies. Changes to the signals are based on the front-month e-mini S&P 500 futures contract.
The "Investors" signal strength is keyed mostly off the Smart Money / Dumb Money Confidence spread, but we take our other models, indicators and studies into account as well. Changes to the signals are based on the cash S&P 500 index.
We hope this format saves you time and helps simplify our comments. As always, feedback and suggestions are welcome at email@example.com.