Category Archives: Coppock Curve

Coppock Curve: May 2020

The last time we updated this indicator in March 2020, the Coppock curve changed directions from an upward bias to a move down. Two months later, the curve now stands in negative territory. This mean that the next meaningful move on the upside of this indicator is a buy signal. Below is a chart of the Coppock at the end of June 2020. Continue reading

Coppock Curve – Berkshire Hathaway (BRK-A)

The recent market rally has pushed the market (S&P 500) near break even for the year. However, shares of Berkshire Hathaway (BRK-A) remain -11% below the price at the start of the year. This drop in value could potentially be a buying opportunity and today we apply the market timing strategy of the Coppock Curve to Berkshire shares.

It’s a rare occurrence when the Coppock Curve for Berkshire reach negative territory. For 40 years, there are only 8 times (once every 5 years) we get a buy signal. We haven’t receive a proper buy-signal yet but let’s review what it did in the past.

The table below shows a summary statistic of all 7 signals from the past. Continue reading

Coppock Curve Applied to Individual Stocks

The Coppock Curve was never intended to be use on individual companies but we continue to challenge that premise as more data are available which allow our team to back test the strategy.

There are times when this indicator have proven to be less effective on companies (Ford or CVS) while other have shown strong track record.

With extensive research on this indicator, our team decided to track the performance of some companies on a monthly basis and hope that our readers could utilize them as source for their long-term investment strategy. We begin the month of May with 4 companies that have established a buy signal using the Coppock Curve. Continue reading

Coppock Curve: March 2020

From January 2020 to March 2020, we just experienced one of the worst quarters for equity investors, which prompts us to revisit the Coppock Curve. This indicator splits out buy indications with an extremely high success rate.

Below is a chart of the Coppock Curve from 1974 to the present and the statistical breakdown since 1930.

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Coppock Curve: April 2019

The indicator dipped below 100 and closed the month at 62.9. Keep a close watch on this indicator if and when it moves into negative territory. Continue reading

Nasdaq Coppock Curve: January 2019

Below is a charting of the “buy” indications of the Coppock Curve and Nasdaq Composite from February 1973 to January 2019.  We have contrasted Coppock Curve “buy” signals with the performance from 1973 to the present to verify the market’s performance 12, 24, 36, and 48 months after each signal is given.  While the results are favorable, we always recommend focusing on any negative or contrary indications.  An interesting gold and Nasdaq comparison from 1971 to 2018, can be found here. Continue reading

S&P 500 Coppock: January 2019

Below is a charting of the “buy” indications of the Coppock Curve and S&P 500 Index from August 1995 to January 2019.  We have contrasted Coppock Curve “buy” signals with the performance from 1954 to the present to verify the market’s performance 12, 24, 36, and 48 months after each signal is given.  While the results are overwhelmingly favorable, we always recommend focusing on any negative or contrary indications. Continue reading

Coppock Curve: December 2018

This is the last update of Coppock Curve for the year and the indicator is in a free fall. We began the year at 283 in January. At the close of December, the indicator fell to 114, a 60% drop. These stats do not mean much without consideration for the location and direction. However, the faster this indication dip into the negative territory, the sooner we can look forward to a buying indication. Continue reading

Investment Observations: ABM Industries (ABM)

ABM Industries is a leading provider of facility services in the United States. They provide janitorial, parking, and engineering services for commercial, industrial, institutional, governmental, and retail client facilities. The company was established in 1909. This mid cap company ($2.0 Billion) first appeared on our watch list back in March this year. The stock was trading at $35 then and lost 12% since.

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Coppock Curve: Unum Group

On May 12, 2018, we presented the Altimeter for Unum Group (UNM).  In this post we’ll present the Coppock Curve for UNM and the price of the stock one year after the buy indication is provided.

Coppock Curve: April 2018

This is the first update to the Coppock Curve in 2018. Reason for this is because there has been a strong up surge in the market which deem this indicator useless. However, there has been a change in the tide in the indicator. Continue reading

Altria Review

On July 31, 2017 we did a technical review of Altria (MO) that covered the Coppock Curve, Dow Theory and the Spare/Tengler relative models.  This posting is an update of that review.

Coppock Curve: General Electric

On March 29, 2018, we highlighted General Electric (GE) Altimeter and provided some insight into when to acquire shares. In addition to that analysis, we will apply our knowledge in Coppock Curve to the company to enhance our timing. Continue reading

Coppock Curve: Helmerich & Payne

On Monday February 12, 2018, we kicked off the Coppock Curve series with one of the largest oil field service company, Halliburton. Today, we continued on that oil sector review with a drilling company, Helmerich & Payne (HP).

One aspect that we like about Helmerich & Payne is its long history. Because of that, we are able to extract the data going back as far as 1982. The chart below displays HP's Coppock Curve from 1982 until now. Such a long history allows us to study the effectiveness of this strategy. Continue reading

Coppock Curve: Halliburton

We're beginning a new series of the Coppock Curve by applying this technical indicator against individual stocks. First on our list is Halliburton (HAL). Continue reading