| Technical Indicators for Mutual Funds? |
|
|
|
|
|
PapaGeek
Contributing Member
Cash: $ 8.80
Posts: 41
Joined: 17 Jul 2014
Location: Maryland
|
| Technical Indicators for Mutual Funds? |
 |
|
When I was younger, and heavily into individual stocks, I used technical indicators like (SMA) Simple Moving Average, (MACD) Moving Average Convergence Divergence, Fast Stochastic, Slow Stochastic, and (BBand) Bollinger Bands.
As I approached my 60’s I started to move more of my investments into Mutual Funds. About a month ago all of my indicators started giving get out signals for almost all of my stock investments and I bailed out into 85% cash. Boy do those indicators work!
As, and when, I feel good to get back into the market, since I am now 67, I plan to go mostly inot Mutual Funds.
My question to the group is simple. Does anyone here use technical indicators to determine buy and sell signals for Mutual Funds? And of course which ones do you use?
|
Mon Oct 13, 2014 10:53 am |
|
|
blixet
Preferred Member
Cash: $ 32.55
Posts: 156
Joined: 28 Apr 2013
Location: Southern California
|
I was wondering if your TA indicators still have you out of the market or if you've moved in again. Just curious.
Information is more valuable sold than used – Fischer Black
|
|
Tue Oct 21, 2014 8:35 pm |
|
|
PapaGeek
Contributing Member
Cash: $ 8.80
Posts: 41
Joined: 17 Jul 2014
Location: Maryland
|
|
|
|
Tue Oct 21, 2014 8:35 pm
We took a sharp bounce off the lower Bollinger band, the simple moving average is still negative but turning neutral, and the MACD is now touching as if it is going to cross. I will start moving back in, but with caution.
As I said, things are touching the cross over move, Wednesday will show the signal. It could cross over, or bounce back!
Wed Oct 22, 9:29 AM waiting for market to open
The NASDAQ, Dow, and S&P reached their highs on Sep 19. A normal correction is 10%. On Oct 15 the NASDAQ was down 10.71%, the S&P was down 9.84%, and the DOW was down 8.62%. They have bounced back to down 4.14%, 3.86% and 4.24%. The futures for all 3 markets are relatively flat this morning, but it does look like the correction is over. The only fear at this point would be the sudden appearance of multiple new EBOLA cases.
I’m running a market analysis of Fidelity’s no-load funds now to prepare for getting back in at about 3 PM. Funds have to be bought by 4 PM to take effect on that day’s close. If there is a small pullback from yesterday’s jump, this is a good day to get back in.
Since I am 67, and need more security, I plan to invest half in funds and the other half into the DNP Select Income Fund. I missed my mark on that fund by posting a question here right after the fund dipped to 9.98. It is now 10.39 three trading days later, again, I’m hoping this is a high it will bounce off of!
Wed Oct 22, 10:56 AM
The market is relatively flat and not giving back the large gains of yesterday, a good sign the correction is over. But my name PapaGeek did not pan out. My market analysis program finished and showed a bug in my code, it was running as if it were one week ago, not today. I fixed the bug and am running it again to see which funds are the best to invest in now! Just my luck DNP is up another 8 cents today! It has actually crossed over the upper Bollinger band, not a good time to invest in it, DNP is a fixed ROR fund, it should come back down!
Wed Oct 22, 2014 1:35 pm
Well, the news from Canada changed everything, Waiting again!
|
|
Wed Oct 22, 2014 1:51 am |
|
|
|
