Gerald Appel’s Triple Momentum Signal
Gerald Appel, is probably best known for his creation MACD – Moving Average Convergence Divergence. However, he also is credited with the creating the Triple Momentum Signal (Below).
Mr. Appel advice is, “There is only one buy rule and only one sell rule: You buy when the Triple Momentum Level, the sum of the 5-, 15-, and 25-day rates of change, crosses from below to above 4%. You sell when the Triple Momentum Level, the sum of the 5-, 15-, and 25-day rates of change, crosses from above to below 4%.“
If members are interested, it might make an interesting screen [Email me if interested]. Here is the Triple Momentum Screen against the 30 Dow Industrial Stocks.
ETF Range Projections & A Quote to Start the Day
A man is usually more careful of his money than he is of his principles.
- Ralph Waldo Emerson
For more detailed economic data click “Today’s Calendar” in the navigation bar to the left.
Overseas markets are as quite as quite can be: Nikkei 225 -0.04%, Hang Seng +0.00%, Shanghai -0.66%, DAX +0.16%, and the FTSE 100 +0.02%
At about 7:30 AM ET the futures are indicating flat openings: Dow +9, S&P +0.5, NAZ +3.8, Oil +$0.30 and Gold +$5.10
