Search Results for “breadth”

Average Daily Return

A different way to approach breadth is to look at the average daily return over a period. The charts below use a month to assess market strength over that period.…

Changes are afoot in ’13

It's that time of year when people begin to reflect on the year that has passed while promising themselves (and others) that next year will be different. My advice would…

On Average True Range (ATR)

The average true range (ATR) is a measurement of volatility based on price action moving beyond a defined average (the default is 14 periods and what I'm using for now).…

Fun With Fibonacci

I don't place trades based on Fibinacci levels but I look at them because I know others that I compete with in the market are looking at them and trading…

The Onyx Cycle Is Upon Us

It's no secret that my market participation consists mainly of selling premium on the "broad based" indices. In fact, I'd go even further and say that it's really only the…

Quarterly Update

One of my favorite ways to track the broader market is by the number of advancers and decliners in a given time period. Since the quarter closed yesterday I thought…

What about the volume?

I've always been a fan of volume and still to this day I like to keep an eye on it. Not so much the day-to-day volume, but more like when…

ShrinkyLinks

Decent turn around in the markets this past week as the 1066 level held as support. Weekly volume actually increased as a result of short covering from frustrated bears. I'll…