Price Time Volume Investing

The Dow Jones Transportation Average (TRAN) drops over 8% today and 12% for the week. This is the first signal of the recession that the economist have promised us. Continue reading

Volume was lower today and price retraced 50% of yesterday’s move which is not bullish. The put/call and VIX is still up but I don’t think we have seen the low. Continue reading

The VLE is testing the July low which could hold. But the odds are against it. Continue reading

Ignoring all the extracurricular activity, price has bounced off the 50 day moving average as expected in the SPX and COMPQ. Volume is suspect, but lower on the pullback. Continue reading

Today was a lower volume down day. But since shorting has been significantly reduced, who knows what the volume means? Price is the only thing that matters at this point. The low of last week is the swing low to watch. Price can move down to the July low and I expect weakness into October. But this is not time to get brave. The bottom could fall out on the October 10th. Continue reading

The SP500 Index ended this quiet week right where it started. Not much to say… Continue reading

There was definitely buyers of stocks today with a big range massive volume up day. Continue reading

Today’s drop was not without high volume and fear. The VIX was over 30 today. It should spike higher in the morning unless some news removes the fear. The put/call was very high. The equity put/call was even higher. The new lows today were less on a new price low than previous price lows. Continue reading

The SPX and COMPQ had accumulation days after a big gap down today. Both remain below the 50 day moving average and I am not ready to call a bottom without real buying next week. Continue reading

The markets reversed the gap down open on lower volume than yesterday. Continue reading

A move up was sold on high volume. Price has not yet broken the 50 day moving average yet. Continue reading

After another low volume down day, my assessment is the upside needs to prove it to me. Continue reading

The daily Nasdaq Composite (COMPQ) chart shows some good price action but very weak volume. Everyone really is on vacation. Continue reading

Today was a high volume up day versus yesterday. Volume was still under the 50 day moving average but it should pick up tomorrow if we are moving up. Price hit SPX 1261 which was close enough to the 1260 retrace lines I discussed yesterday. Continue reading

The Nasdaq 100 had a low volume down day and is in the process of working off an overbought condition. Today was a minor distribution day. Continue reading

Equity indices were up but on low volume. The big buyers (or sellers) appear to be waiting until August options expire. I guess they have them where they want them. Everything is below the Monday high. Continue reading

The Nasdaq Composite climbed on higher volume today while the SP500 Index (SPX) rose on lower volume - which maybe be due to more big cap energy issues in the SP500 than on the Nasdaq. Continue reading