
Investing With IBD Ep. 339 Use These Critical Gauges For When The Market Changes
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Sep 24, 2025 Jack Kosar, vice president of investment strategy at Asbury Research, dives into the nuances of market indicators. He discusses how newer quantitative tools enhance traditional market intuition and provides insights on using leveraged ETFs to gauge risk appetite. Jack explains the significance of VXX over VIX for short-term market reactions and highlights how stacked indicators can reduce false signals. He also examines the recent strength of gold as a hedge amid tech highs and offers updates on Asbury's tactical model portfolios.
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Stack Indicators To Reduce Noise
- Stack multiple disparate indicators instead of relying on one to reduce false signals.
- Combine five or more indicators that measure different behaviors to form conviction.
Sector SPYDER AUM Gives Cleaner Flows
- Summing AUM across the 11 sector SPYDERs yields a smoother, truer flow signal than SPY alone.
- Sector SPYDER AUM above its 21-day average has aligned with S&P appreciation historically.
Apply Simple Above/Below Rules Carefully
- Use simple above/below 21-day rules for sector AUM but only in combination with other signals.
- Treat multiple indicators agreeing above the 21-day line as a risk-on confirmation.
