Once it crosses then the S & P 500 will start declining with this correction taking place and so this could start happening this coming Friday 12/11/20 or on Monday 12/14/20. Now the performance on the DOW with the MACDs is showing both lines starting to decline and the red line has crossed and so the correction phase has begun for the DOW. The NASDAQ’s Relative Strength Index is at 71.54, now the DOW’s Relative Strength Index has fallen slightly to 62.06 and a slight decline for the S & P’s Relative Strength Index at 66.63. Now the S & P 500 is still showing momentum on the MACDs to show a slight climb, but the red line has been gaining ground on this the boutique board. A lot of the stocks on the portfolio as we are heading up to 1000 different stocks as most of them are above the 40 percent threshold from the Relative Strength Index.
The experimentation had gained around $500, and here are the two stocks that were added onto the experimentation. Here is the stock futures: DOW is up by .02 percent, the S & P 500 is up by .03 percent and the NASDAQ is up by .08 percent at 2:47 pm PST. It was below the 40 percent threshold on the Relative Strength Index and here is another update on the stock futures: DOW is down by .34 percent, the S & P 500 is down by .37 percent and the NASDAQ is down by .28 percent at 7:57 pm PST. Here is another update on the stock futures: DOW is up by .28 percent, the S & P 500 is up by .26 percent and the NASDAQ is up by .19 percent at 4:37 pm PST. Here is another update on the stock futures: DOW is down by .26 percent, the S & P 500 is down by .29 percent and the NASDAQ is down by .23 percent at 6:22 pm PST. Here you can find a couple of useful high level statistics. Don’t expect a 100% move like the last time because the volume isn’t that high. Tesla (TSLA) – Tesla (TSLA) saw a huge price target increase today but the stock is still digesting the massive move recently.
Once we find more of them making a turn around on the MACDs with momentum driving the stock price back up. They are BiondVax Pharmaceuticals, stock symbol BVXV, the momentum on the MACDs has been driving the stock price up and it was below the 40 percent threshold on the Relative Strength Index. The NASDAQ is moving towards this correction compared to the DOW and the S & P 500, with the DOW and the S & P 500 declining today on Monday 12/7/20. With both of those two US stock market boards falling and bringing down the Relative Strength Index down some. The soon-to-be completed PSB is a key catalyst to attract investments and business activities to the Batu Kawan area, coupled with the relatively cheaper land and property prices compared to the island. Our investments had made $46.81 with us building up our revenue for Carson Investment Services LLC.
Our investments to build up our revenue for Carson Investment Services had went down by $58.59. Then we can proceed with bringing Carson Investment Services LLC officially online and have our office ready to go by bring The Carson Lending Investment Club. Quantitative investment firms need to change if they are to pursue the next generation of alpha. Over the decades, there are many investment strategies that have built around this premise, from the “Dow Dogs” (investing in the stocks with the highest dividend yields on the Dow 30) to more sophisticated variants. The new posts about Value Investing in Hong Kong stock Market will be posted in our new blog page “Hong Kong stocks Blog”. I agree that there are value destroying buybacks, but I also believe that collectively, buybacks make far more sense than dividends as a way of returning cash to equities. Now the correction happening with the NASDAQ is taking it that way and so the stock futures were down for all three of the major US stock boards. Here is the latest stock futures: DOW is down by .21 percent, the S & P 500 is down by .20 percent and the NASDAQ is down by .13 percent at 3:42 pm PST.