Stock Market Internals
Weekend Stock Market Recap 4-13-18
Weekend stock market recap for Friday, April 13, 2018, analyzing the technicals of all major markets and sectors. Stocks featured in this video: SPY IWM QQQ TLT USO UNG GLD SLV XLE IBB XLK XLY XLP XLU Enjoy the latest promotion on the charting software used in this video, TC2000 when you signup with The Trade Risk’s…
Read MoreA Collection of Indicators In Extreme Territory
Monday, February 5th was an impressive session for markets: The S&P500 finally exceeded a 5% pullback (first time in a 12months+) The S&P500 went red on the year after being up nearly 6% in January The S&P500 saw the heaviest volume since 2016 (almost 300M shares)
Read MoreStocks Making New 52 Week Lows Hit YTD Highs
Following up today’s 1.5% drop in the S&P500 $SPY, we take a quick look at market internals via 52-week highs/lows to see what they have to say. This first chart is a YTD look at the number of NYSE stocks hitting new 52 week highs and lows. It’s quite clear to see the uptick in the number of new…
Read MoreTough to be a Bear with AD Line at All Time Highs
While price action remains near-term choppy and ranged bound, one market breadth indicator, the cumulative advance-decline line, continues quietly trending to all time highs. Here’s a look at the S&P500 $SPY ETF over this same time period.
Read MoreHow Market Internals Can Improve Your Trading
If you trade stocks and you don’t follow market internals, also known as market breadth, then you’re missing out on a lot of valuable information. Like any other study or indicator, market internals aren’t guaranteed to get it right all of the time, but when they do begin to diverge or exhibit some out of the…
Read MoreCurrent Stock Market Technicals Into the Fed
All eyes are on the Fed tomorrow which has the potential to be a market moving catalyst. I have no helpful insights into what remarks to look for from the release, but I can outline the current stock market technicals to help you create a plan for the reaction. The $SPY ETF is trading around its largest…
Read MorePut Call Ratio Spike Lower Suggests Excessive Bullishness
Markets closed strongly in the green today after a mostly red open and early sluggish action. Even the slightest weakness continues to get bid up. We’ve closed higher 5 days in a row in the S&P500 and it’s clear on nearly any market indicator that we are in overbought territory. Today, we have our newest confirmation that sentiment is…
Read MoreThis Lie Detector Says the S&P500 Breakout is Real
Today marked a new all time closing high today in the S&P500 after roughly 26 days of consolidating within a percent or two from highs. Even better, was the surge in market breadth that we saw along side of this move.
Read MoreOne Measure of Breadth Entering a Buy Zone
Yesterday we wrote about the Nasdaq Composite springing the bull breakout trap and today we’re seeing major indices dance around slightly red on the day struggling to put together a follow through day to the downside. One measurement I like to use to determine how frothy we are to the up or downside are a % of stocks above…
Read MoreTwo Measures of Breadth That Say Don’t Fight The Trend
The stock market continues to rally. Just today the Russell 2000 $IWM made new intraday all time highs. So as we march higher, lets take a look at some of our favorite market breadth indicators for confirmation in this move. Below this chart of the S&P500 $SPY I have displayed NYSE New Highs / New Lows…
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