Several VLE charts show the market is a moderately bullish position.
VLE Short Term Swings and Squares
January 7th, 2009 2 Comments
Tags: Standard and Poor's 500 (SP500) · Swing Charts · Value Line Arithmetic Index (VLE)
Narrow Range Day Into Overbought Market
January 5th, 2009 No Comments
Today was a narrow range day on higher volume, but the number of shares traded remained below the 50 day moving average.
Tags: McClellan Index · Standard and Poor's 500 (SP500) · Volume
Comparison of Index Geometries
January 5th, 2009 No Comments
A comparison of the geometric movements of the major US markets.
Tags: Dow Jones Industrial Average · Nasdaq Charts · Russell 2000 Smallcaps · Standard and Poor's 500 (SP500) · Value Line Arithmetic Index (VLE)
Weekend Outlook - 04Jan09
January 4th, 2009 6 Comments
Two difference scenarios look possible from the current position. One scenario has price up 30% and the other has price down 30%.
Tags: Dow Jones Industrial Average · Market Outlook · Standard and Poor's 500 (SP500)
Rally Day 28 And Below SPX 1044
January 2nd, 2009 No Comments
Today was day 28 of the rally (42 calendar days). Volume was low as many on Wallstreet did what I did and took a day off to extend the holiday into next Monday
Tags: Advance-Decline · Standard and Poor's 500 (SP500)
Weekend Outlook - 28Dec08
December 28th, 2008 3 Comments
The SP500 COT numbers continue to show the usually correctly commercial traders net short of 100,000 shares. This is a massive short position.
Tags: Advance-Decline · Market Outlook · Standard and Poor's 500 (SP500)
Additional Market Index Swing Charts
December 26th, 2008 No Comments
A look at the SPXEW, SML, and OEX indices which are in slightly better shape than the SP500 index.
Tags: Russell 2000 Smallcaps · Standard and Poor's 500 (SP500) · Swing Charts
SPX Swing Charts in a Weak Position
December 26th, 2008 3 Comments
All time frames of the SP500 Index swing charts are in a weak position. The daily, weekly, and monthly charts show no strength to support a long position at this point.
Tags: Standard and Poor's 500 (SP500) · Swing Charts
Typical Christmas Season Boredom
December 23rd, 2008 No Comments
Low volume meaningless action around Christmas isn’t work analyzing.
Tags: Advance-Decline · Standard and Poor's 500 (SP500)
Weekend Outlook - 21Dec08
December 21st, 2008 No Comments
The Winter Solstice is upon us which means I head to Wal-Mart and spend a lot of money on junk the kids won’t want in a month.
I noticed that my screen for new IPOs in the last 30 days has 13 ETFs and no real stocks. No one wants to own a stock and everyone [...]
Tags: Market Outlook · Roadmap · Standard and Poor's 500 (SP500)
What is PTV-Investing All About?
December 20th, 2008 2 Comments
It has been a while since I updated the About page and decided it was time to discuss the intent of this site.
Tags: About · Dow Jones Industrial Average · Standard and Poor's 500 (SP500) · Value Line Arithmetic Index (VLE)
Low Volume Move Shows Nothing New
December 18th, 2008 No Comments
The SPX was down on slightly higher volume than yesterday. Volume was below the 60 day moving average.
Tags: Advance-Decline · Standard and Poor's 500 (SP500)
May 2009 and the Sidereal Lunar Cycle
December 18th, 2008 No Comments
I previously mentioned in a post about Gann and the Sidereal Lunar cycle the relationship to the 218 day cycle. Briefly, the 218 day cycle has come up multiple times in my work and the translates into approximately eight Sidereal months.
Tags: Market Cycles · Roadmap · Standard and Poor's 500 (SP500)
When Will Price Retrace To The Old High?
December 16th, 2008 4 Comments
The long term top is miles away. But buckets of money can be made with price well below the July/October 2007 high.
Tags: Standard and Poor's 500 (SP500)
Weekend Outlook - 13Dec08
December 13th, 2008 3 Comments
It is interesting how some market internal metrics bottomed with the October 10-13 cycle which price continues to make lower highs and lower lows.
Tags: Gann Angle Fan · Market Internals · Market Outlook · Nasdaq Charts · Standard and Poor's 500 (SP500)
Nice Consolidation Day Working Off Overbought
December 12th, 2008 No Comments
Price recovered to slightly positive after being down early in the morning. Volume was low and price appears to be setting up for another run at the 50dma.
Tags: McClellan Index · Standard and Poor's 500 (SP500)
Gann Squares of 52
December 12th, 2008 1 Comment
In this post I will take a look at three squares of ninety and compare the price action within the squares. I create these squares using the high and low price of the first 52 weeks as the vertical bounds of the square.
Tags: Gann Square · Nasdaq Charts · Standard and Poor's 500 (SP500)
SPX Working Off Overbought within Deflationary Market
December 11th, 2008 1 Comment
Today’s drop was not as strong as I expected from yesterday’s setup. Price continues to work off the overbought condition on a low volume consolidation.
Tags: Advance-Decline · Inflation-Deflation · Market Internals · Standard and Poor's 500 (SP500)
Rare Double Inside Day on SPX
December 10th, 2008 1 Comment
Today was an inside day which was inside yesterday’s inside day. This setup is rare on the SPX and a strong thrust usually occurs next. Looking only at price and volume, I would say that this thrust will be up. If so, then I would expect a several day consolidation to follow to work off overbought.
Tags: Gann Angle Fan · Market Internals · Standard and Poor's 500 (SP500)
SPX Has Low Volume Inside Day at 50dma
December 9th, 2008 10 Comments
The SPX bounced off the 50 day moving average on low volume today. Price did not exceed the high or low from yesterday - making this an inside day.
Tags: McClellan Index · Russell 2000 Smallcaps · Standard and Poor's 500 (SP500)