A PAR SAR Daily Buy Signal

 12/24/2025

We commented Monday that the market was less than 200 points from a daily Parabolic Stop and Reverse PAR SAR buy signal. The market rose an incredible 289 points today, I say incredible, ok you say that is not big deal at this level, because during Christmas week the market usually does nothing much, Yes it does show an upward bias from Christmas to mid January but  this is a buy signal. 

It continues the buy signal from the April low on the more important weekly chart,  but note that RSI at top and PMO lower panel are quite extended. 

Car loans now stretch to 100 months. See today's WSJ. If the markets do turn down, that will be the perfect set up for a wash out in car loans.  Imagine hundreds of thousands of car loans going delinquent.  That would be like the real estate wash out of  27-08. 

UPW gets closer to a buy signal

Merry Christmas!