Tomorrow is day four of the move off the lows last week. The market remains in position to move higher as price is above the low of the high volume up day last week. Tomorrow would be a good day for another big up bar on volume. I don’t have any idea if we get it. But a second thrust up on day four would be encouraging. Continue reading
Low Volume Day Waiting for Follow Through
November 17th, 2008 4 Comments
Tags: Market Internals · McClellan Index · NYSE · Volume
Market Internals No Where Near Overbought
October 28th, 2008 2 Comments
The internals of the market remain oversold after large move today. Continue reading
Tags: Advance-Decline · Market Internals · McClellan Index · NYSE
Weekend Outlook - 26Oct08
October 26th, 2008 No Comments
The equity markets are reacting to the cycle turn of October 10. So far, no strength is evident to support significant buying. Continue reading
Tags: Dow Jones Industrial Average · Inflation-Deflation · Nasdaq Charts · NYSE · Roadmap
Long Term Market Breadth
October 17th, 2008 No Comments
One set of charts I’ve been watching over the past several years uses cumulative advancing minus declining issues and volume. Continue reading
Tags: Market Internals · Nasdaq Charts · NYSE
NYSE Perspective from Three Time Frames
August 12th, 2008 No Comments
In recent years the New York Stock Exchange Composite Index made a significant higher high above the 2000 bear market top. Price has been correcting quickly on the monthly chart and is below the 4:1 descending Gann angle. To reach the 1:2 ascending Gann angle (where the bear market ended in 2003) price has a long way to fall. Continue reading
Tags: NYSE · Square of Range
Weekend Outlook - 26Jul08
July 27th, 2008 2 Comments
Weekly recap of the stock markets with end of week summary analysis. Continue reading
Tags: Biotech · CHK · Dow Jones Industrial Average · Gann Angle Fan · Market Outlook · Nasdaq Charts · NYSE · OEX · Russell 2000 Smallcaps · Square Out · Transports · Volume
Other Weekend Market Thoughts 04May08
May 4th, 2008 No Comments
Some other data points and thoughts this weekend. Continue reading
Tags: Market Internals · Nasdaq Charts · NYSE · OEX · Standard and Poor's 500 (S&P500)
Short Term Cycle Thoughts
April 23rd, 2008 No Comments
What I am seeing tonight: Overbought/oversold with Advance / Decline line neutral Continue reading
Tags: Market Internals · Nasdaq Charts · NYSE