Current “Big Five” FB 5.25.17

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EOM Technical and Trading:  Current “Big Five” FB 5.25.17

During the April training, I promised a summary report on building gardens.  I continue to work on it with a goal of 2 pages instead of the 20+ it is now.  When finished, I want the report to be as relevant five years from now as it is today.  I will advise when it is finalized and in the Members Vault. 

The goal of this “new” series is audit the current ‘Big Five” market cap stocks to determine if “Simple Simon, Sell Signals are visible.”  If so, we can use SS Sell signals for when to take (Bull play) profits and possibly dance with the Bears.

Today we analyze FB, where 97% of their 10 Billion in earnings comes from advertising revenue.  How will this be affected during the next correction?

Key Points…

A.   Currently trading with a .90 correlation to the SPX

B.   Increasing Dividend Amount

C.   Previous Simple Simon Sell Signals are highlighted-red boxes

D.   Downtrends were signaled with red Elder Impulse Bars 

Action Points…

1.       Since FB holds a large percentage of the SPX value, we need to keep it front and center.

                  2.       FB is trading on the 6 WMA and while overbought, currently                          shows signs of profit-taking.

The rest of the week, we analyze the current Big Five to know when to take profits and put on our “Bear Suits.”

When complete, we will update our All-Star A&B and High Dividend CEF candidate plays.

Enjoy your day!

David O. England 

Plan your work, work your plan, and share your harvest! 1 Timothy 2:1-2

This information is for Educational purposes only. It shall in no event be construed or interpreted as an offer or recommendation to buy or sell securities of any kind.

DAVID O. ENGLAND is the founder of the Eye on the Market-Training Academy and Associate Professor Emeritus of Finance. This column is presented for educational purposes only and not intended as financial advice.

If you have a question or comment, contact David England at

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