A Twist On Breadth
There are many indicators that we as market participants can use. So many in fact that some become overwhelmed in their search for the "holy grail" of indicators. What matters…
There are many indicators that we as market participants can use. So many in fact that some become overwhelmed in their search for the "holy grail" of indicators. What matters…
I've been trading long enough to know better than to step in front of a moving truck and right now the market has the momentum of a Mac. However, there…
What a difference a week makes. Last Friday (8/20) the $IWM had 18% of its components trading above the 4SMA while the $SPY had 15% and the $QQQQ had 25%.…
In case you were purposefully not watching the market today... there was a bit of a train wreck. Looking at the futures after hours and seeing the continuation of downside…
Today's price action saw the small caps ($IWM) and the large caps ($SPY) diverge, especially as the day wore on. I've always associated the small caps as the riskier play…
Thanks to your feedback I've decided to adjust what I'm posting regarding market breadth. In the graphics below you can see the ETFs I track and how they performed from…
The major indices put in a nice week and look poised to have a follow-through this coming week. If a follow-through occurs, the breadth will have made some higher highs…
A less than favorable end to the week for the bulls as the major indices took the elevator down on Friday. I guess the biggest news was the Russell 2000…