Market Trend: Retirement Milestones and your 401 K

Vanguard has a very nice article on Retirement Milestones – good read if you are in your mid-50s or beyond:

Bloomberg also had a very nice peice on your 401K – read it and see if you are doing better than the average:

Listed below are this week’s trend numbers for the Markets I track:

The following table is based on the Z Option Market Analysis Tool – which determines if a market is trending by assigning a trending score from -3 to +3.  This helps us keep our trading with the trend.

Symbol Description Short Term Trend Medium Term Trend
$DJI Dow Jones Industrial Average -2 1
SPX S&P 500 INDEX 1 3
RUT RUSSELL 2000 INDEX -3 1
NDX NASDAQ-100 INDEX INDEX 3 3
VIX CBOE MARKET VOLATILITY INDEX 2 -1
/ZB[H7] 30-Year U.S. Treasury Bond Futures,ETH -3 -3
/ZN[H7] 10-Year U.S. Treasury Note Futures,ETH -3 -3
/GC[J7] Gold Futures, ETH 3 2
/CL[H7] Light Sweet Crude Oil Futures,ETH 3 3
/DX[H7] US Dollar Index Futures -3 -2
$DJT Dow Jones Transportation Average -2 1
XLK SELECT SECTOR SPDR TRUST TECHNOLOGY SELECT INDEX 3 3
XLI SELECT SECTOR SPDR TRUST INDUSTRIAL SELECT INDEX -2 1
XLY SELECT SECTOR SPDR TRUST CONSUMER DIS SELECT INDEX 1 3
XLB SELECT SECTOR SPDR TRUST MATERIALS SELECT SEC INDEX 1 3
XLE SELECT SECTOR SPDR TRUST ENERGY SELECT INDEX -3 -2
XLP SELECT SECTOR SPDR TRUST CONSUMER STAPLES INDEX 3 3
XLV SELECT SECTOR SPDR TRUST HEALTH CARE SELECT INDEX 3 3
XLU SELECT SECTOR SPDR TRUST UTILITIES SELECT INDEX 3 3
XLF SELECT SECTOR SPDR TRUST FINANCIAL SELECT SECTOR FUND -2 1

Any market showing a 3 or a -3 is trending strongly – and should be factored into any options strategy you are contemplating.

NASDAQ is still surging thanks to Apple and Facebook earnings – the rest of the equity market looks tired.  The Energy Sector has been quietly crashing – wonder what that means for Oil and Gas prices?  US Bonds are crashing and Gold has been popping thanks to Donald Trump’s tweets and phone calls – I can’t even keep up with the world leaders he has pissed off so far today.

Extra – Don’t be like Johnny Depp:

Be the first to comment

Leave a Reply