The chart above of the Nasdaq 100 looks very positive as do other charts of US indices. I have been going through the QV for Shares portfolio looking fr programmatic buy signals and I have found 78. These are listed below. There are so many I am keeping the details as succinct as possible, just the code and the price. As always all these alerts will go in the table. I will mark them with a W so I know that they are weekly-based programmatic alerts.
I would emphasise that these are important buy signals well worth acting upon. The hard thing with QV for Shares is not to trigger a programmatic buy signal but to get in the table in the first place. Shares are in the table because they are 3G (great chart, great growth, great story) plus some magic (often great management) and something new and exciting happening to keep the shares climbing.
Seventy-eight alerts may seem a large number but that compares with over 1630 alerts made in total (many for shares in the same company) since QV for Shares was launched. If somebody had acted on every single alert their portfolio would have appreciated over 50pc and these alerts would represent an additional investment of less than five per cent of their total investment.
ACSO @ 720p
ATVI @ $96.50
AAPL @ $127.50
APT @ A$120
GOOGL @ $2237
AMZN @ $3279
ATR @ $143
AHT @ 4498p
ASML @ $626
ADSK @ $286
BOTB @ 3180P
BILI @ $106
SAM @ $1235
CRL @ $296
DPZ @ $382
EPAM @ $410
EL @ $295
Ether @ $2000
FB @ $313
FICO @ $501
FISV @ $123
FRPT @ $157
FDEV @ 2905p
GAW @ 10460p
GDDY @ $83
GH @ $158
HFG (HelloFresh) @ €68.50
HFG (Hilton Food Group) @ 1170p
ITRK @ 5950p
INTU @ $400
ISRG @ $761
IWMO @ $61.80
KWS @ 2760p
LRCX @ $658
LIO @ 1490p
OR @ €335
LVMH @ €583
MSFT @ $250
MSCI @ $437
NFLX @ $547
NVDA @ $565
PYPL @ $255
PCT @ 2330p
PLD @ $109.50
RGEN @ $201
ROKU @ $361
SFOR @ 529p
CRM @ $220
SE @ $245
NOW @ $510
FOUR @ $94
SPY @ $406.5
SPX @ 11885p
SQ @ $245
STMP @ $205
SNPS @ $257
TSM @ $119
TM17 @ 757p
TYL @ $432
ULVR @ 4130p
VRSK @ $179.50
VCP @ 884p
VUZI @ $28.90
WST @ $289
WING @ $137
WTC @ A$30.90
QQQ3 @ $152
WIX @ $300
2269 (Wuxi Bio) @ HK$107
XLNX @ $131.50
YOU @ 1015p
ZAI @ $135
ZBRA @ $485
ZEN @ $137.50
Z @ $137.50
ZS @ $180
I am on a learning curve with my new system of programmatic buy signals but I am very hopeful that they will become an important part of the strategy going forward. If market trends stay healthy, as I expect, there will be lots of signals, which will make it easier to stagger the process of building a holding in each stock you have in a portfolio. This in turn, over time, should help ensure that the investment becomes profitable. How profitable will depend on the strength of the uptrend in that particular stock, which explains why stock selection is still critical to the success of the Quentinvest strategy.
The fact that there are so many buy signals is a positive sign for the stock market as a whole. What is also noticeable is the number of very large companies like Alphabet, Amazon, Apple, Facebook and Microsoft, which are giving buy signals. This should be a good omen for both share trends generally and for ETFs of which these giant stocks are often important constituents.