Welcome to Relative Performance Metrics

RPM welcome picHi, This is Tommy and I want to welcome you to the culmination of my journey through 14 years of technical education and experimentation.  I spent much of this time testing, backtesting and creating indicators and filters for the portfolios I manage.  I use many technical factors, but relative strength measures quickly became one of the major pieces to my process.  Back when I started in the business, I had limited investment options with some clients, so finding the strength was vital.  I have studied, tested and used various relative strength measures from internal, external to comparative and, of course, breadth.  Yes, I consider breadth a type of relative strength if you have the tools to analyze it at different levels of the markets.  The research I bring to this site allows you to benefit from the results of over a decade of research and thousands of hours of trial and error without taking on that burden yourself.  My main goal is to help traders and investors understand what is going on inside the markets like they never have before.

With the ever-growing number of investment options available to us in today’s markets, it has become even more important to be able to find where the strength is, where it is coming from and most importantly where the market strength may be going next.  The research on this site is designed to help answer those questions.  All the way from the Intermarket macro level down to 49 subsectors, my goal is to slice and dice the vast equity markets down to bite size pieces for easier digestion.  All of the various relative strength measures are there for guidance and insight into the overall markets structure, but once that is assessed, then the chart comes in play.  This is where momentum and price action will be the last step in the process before setting and implementing a trading plan.

Once we get down to the chart level, there are many different angles I may show.  I do use the Relative Strength Index as one of my primary areas of focus, but I also use a wide spectrum of other technical measures to get the best picture possible of confluence on charts.  The more evidence that points to an area, the more confidence I have with technical levels.  I hope this short explanation has provided a look into the history behind this analysis method.  Now, go dig in and explore to find where you can add value to your process!

Good Luck, it is there for the making!

G. Thomas Lackey Jr, CMT CFP® CFS

 

 


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