boomers are pretty bullish right now with various sentiment indicators near highs including the Investors Intelligence bull/bear ratio currently at 4.22

Bits and pieces of Thursday
The chase by Frances Horodelski:

Bits and pieces. Where are Americans spending their money? Increasingly on healthcare services. According to recent studies, healthcare spending as a percent of personal consumption expenditures (PCE) is now running at 20.6%, up from 15.6% in early 2000 and the highest on record. On another note, those aging boomers are pretty bullish right now with various sentiment indicators near highs including the Investors Intelligence bull/bear ratio currently at 4.22 – the ninth reading above 4 since December 2013 (according to Yardeni Research, the last time this occurred was early in 1987). The bullish figure now stands at 59.5% (the highest since July 2014). Combine that with the CNN fear/greed index which is nudging up against 80 (extreme greed) one wonders how much longer we can run higher.
Having said that, new highs all around including the MSCI World Index which is up almost 160% from the March 2009 lows. And this morning, the bulls continue to run with most of the major markets in the green and many making new highs – again. U.S. and Canadian futures are both green. Oil was slightly weaker but surprisingly resilient in the face of the continuing massive build-up in inventories. Brent has recently popped higher though on some bullish demand comments from Saudi Arabia. Gold back firmly above $1200. The U.S. dollar continues to trade in the range as it did in November before it broke out in mid-December and rose almost 8% in two months.
The calendar is full of earnings including Loblaw (beat), TD (in line with dividend hike), Canadian Tire (miss but revenue better), CIBC (beat and dividend hike), Catamaran (beat with revenue above estimates), Stantec (miss although revenue better). It also has an IBM analyst day, a speech from Dennis Lockhart (Atlanta Fed President on monetary policy and more dovish than hawkish) and the UN Security Council holding talks on North Korean sanctions. Tomorrow we get another revision on U.S. GDP.
On a less upbeat note, not everything is in new high territory. In the past week, these companies made new lows on the TSX and the S&P 500 – SNC-Lavalin, Bombardier, Genworth, Garmin, Baxter International, Assurant and Fossil – is there a homework stock or two in here? And there are a number of companies down significantly from their highs and down over the past year (energy of course but names like Google stand out as weak links). Globally, names like Diageo and Glaxo also are well off their highs.

Stochastics Still The Best Way To Predict The Future Of Index Stocks

. Directional Mmt Index (ADX) Buy when ADX crosses up through 25
Sell when ADX crosses down through 20 ADX Chart and Screener Examples
Bollinger bands Buy when the Price penetrates and closes above the upper band
Sell when the Price penetrates and closes below the bottom band
Buy when the Price crosses above the center MA line
Sell when the Price crosses below the center MA line Bollinger Bands Chart and Screener Examples
Commodity channel index (CCI) Buy when CCI has crossed below -100, formed a bottom below -110, and then crossed back up through -100.
Sell when CCI has crossed above +100, formed a peak above +110, and then crossed back down through +100. CCI Chart and Screener Examples
Demand Index (DI) Buy when DI crosses up through Zero line.
Sell when DI crosses down through Zero line Demand Chart and Screener Examples
Directional movement index (DMI) Buy when +DI crosses up through -DI
Sell when +DI crosses down through -DI DMI Chart and Screener Examples
Fast Stochastics Buy when Stochastic has crossed up through 20%.
Sell when Stochastic has crossed down through 80%.
Buy when the %K line crosses above the %D line.
Sell when the %K line crosses below the %D line. Fast Stochastics Charts and Screener Examples
Stochastics (Full) Buy when Stochastic has crossed up through 20%.
Sell when Stochastic has crossed down through 80%.
Buy when the %K line crosses above the %D line
Sell when the %K line crosses below the %D line. Full Stochastic Chart and Screener Examples
Jefferson

Buy when open and close rise in the same direction.
Sell when the open and close fall in the same direction
Jefferson Chart and Screener Example
KST –Summed ROC (Pring) Buy when KST crosses up through signal line MA
Sell when KST crosses down through signal line MA KST - Summed ROC (Pring) Chart and Screener Example
Keltner Channels Buy when the Price penetrates and closes above the upper channel
Sell when the Price penetrates and closes below the bottom channel
Buy when the Price crosses above the center line
Sell when the Price crosses below the center line Keltner Channel Chart and Screener Examples
Moving averages (MA, EMA)

Simple Moving Averages

Buy when 5 day SMA crosses up through price line
Sell when 5 day SMA crosses down through price line
Buy when 20 day SMA crosses up through price line
Sell when 20 day SMA crosses down through price line
Buy when 50 day SMA crosses up through price line
Sell when 50 day SMA crosses down through price line
Buy when 100 day SMA crosses up through price line
Sell when 100 day SMA crosses down through price line
Buy when 200 day SMA crosses up through price line
Sell when 200 day SMA crosses down through price line

Exponential Moving Average

Buy when 5 day EMA crosses up through price line
Sell when 5 day EMA crosses down through price line
Buy when 20 day EMA crosses up through price line
Sell when 20 day EMA crosses down through price line
Buy when 50 day EMA crosses up through price line
Sell when 50 day EMA crosses down through price line
Buy when 100 day EMA crosses up through price line
Sell when 100 day EMA crosses down through price line
Buy when 200 day EMA crosses up through price line
Sell when 200 day EMA crosses down through price line

Moving Average Crosses

Buy when 4 day EMA crosses up through the 9 day EMA
Sell when 4 day EMA crosses down through the 9 day EMA
Buy when 4 day EMA crosses up through the 18 day EMA
Sell when 4 day EMA crosses down through the 18 day EMA
Buy when 5 day EMA crosses up through the 13 day EMA
Sell when 5 day EMA crosses down through the 13 day EMA
Buy when 5 day EMA crosses up through the 20 day EMA
Sell when 5 day EMA crosses down through the 20 day EMA
Buy when 50 day EMA crosses up through the 200 day EMA
Sell when 50 day EMA crosses down through the 200 day EMA

Triple Moving Average Cross

Buy when 4 day EMA crosses up through the 9 day EMA and then the 18 day EMA
Sell when 4 day EMA crosses down through the 9 day EMA and then the 18 day EMA
Moving Average Chart and Screener Examples
MACD Oscillator
MACD Histogram Buy when MACD crosses up through Signal line
Sell when MACD crosses down through Signal line
Buy when MACD crosses up through Zero line
Sell when MACD crosses down through Zero line MACD Chart and Screener Examples
MACD Momentum Buy when MACD-momentum crosses up through Zero line
Sell when MACD-momentum crosses down through Zero line MACD Momentum Chart and Screener Examples
Momentum Buy when Momentum crosses up through Zero line.
Sell when Momentum crosses down through Zero line. Momentum Chart and Screener Examples
Money Flow Index (MFI) Buy when MFI crosses below 20
Sell when MFI crosses above 80 Money Flow Chart and Screener Examples
Parabolic indicator (SAR) Buy when SAR switches from above Price to below
Sell when SAR switches from below Price to above Parabolic SAR Chart and Screener Examples

Price channel (Donchian’s)

Donchian's 4 week rule
Buy when the Price penetrates and closes above the upper channel line
Sell when the Price penetrates and closes below the bottom channel line Price Channel Chart and Screener Examples
Rate of change (ROC) Buy when ROC crosses up through Zero line
Sell when ROC crosses down through Zero line ROC Chart and Screener Examples
Relative strength index (RSI) Buy when RSI has crossed below 30, formed a bottom, and then crossed back up through 30.
Sell when RSI has crossed above 70, formed a peak, and then crossed back down through 70. RSI Chart and Screener Examples
Ultimate Oscillator Buy when Oscillator falls below 30 and then crosses back up through 50
Sell when Oscillator rises above 70 and then crosses back down through 50 Ultimate Oscillator Chart and Screener Examples
Williams’ %R (inverted scale) (W%R) Buy when %R hits 90% (and the trend is up)
Sell when %R hits 10% (and the trend is down) Williams %R Chart and Screener Examples
Calculated Ratio's

To calculate the following ratio's, a simple moving average or by a simple divistion. In the case of volume and price ratio's, the last point in the simple moving average is then stored as the average price over (5,20,50,100) days. The current close is then used for comparing against this average. If a trader is looking for stocks that are trading 50% higher than their (5,20,50,100) day average. The ratio would 1.5. For stocks over 100% of their averages, use the ratio 2.

Other ratio's in this section use last reported (year 1) divided by year (2,3,4). For example a ratio of 1.5 means that the last reported is 50% larger (or 150% of) year (2/3/4).
Technical Report

Supported Signals

Sample
Dividend Ratio Dividend Ratio - 2 year (year 1 reported/year 2 reported)
Dividend Ratio - 3 year (year 1 reported/year 3 reported)
Dividend Ratio - 4 year (year 1 reported/year 4 reported)
Earnings per Share Ratio EPS Ratio - 2 year (year 1 reported/year 2 reported)
EPS Ratio - 3 year (year 1 reported/year 3 reported)
EPS Ratio - 4 year (year 1 reported/year 4 reported)
Equity per Share Ratio EQS Ratio - 2 year (year 1 reported/year 2 reported)
EQS Ratio - 3 year (year 1 reported/year 3 reported)
EQS Ratio - 4 year (year 1 reported/year 4 reported) Overview of Equity per Share Ratio & examples
Net Income Ratio Net Income Ratio - 2 year (year 1 reported/year 2 reported)
Net Income Ratio - 3 year (year 1 reported/year 3 reported)
Net Income Ratio - 4 year (year 1 reported/year 4 reported) Overview of Net Income Ratio & examples
P/E Ratio Price / last reported eps. Overview of Price/earnings Ratio & example
Price Ratio's Close / 5 day average price
Close / 20 day average price
Close / 50 day average price
Close / 100 day average price Overview of Average Price Ratio & examples
Revenue Ratio Revenue Ratio - 2 year (year 1 reported/year 2 reported)
Revenue Ratio - 3 year (year 1 reported/year 3 reported)
Revenue Ratio - 4 year (year 1 reported/year 4 reported)
Volume Ratio's Close Volume / 5 day average price
Close Volume / 20 day average price
Close Volume / 50 day average price
Close Volume / 100 day average price Overview of Average Volume Ratio & exa