Search Results for “breadth”

Bullish Percent Index

The Bullish Percent Index (BPI) is a unique way to measure market breadth. The BPI is calculated by dividing the number of stocks in a given group (S&P 500 for…

October’s historic volatility proves itself yet again

Earnings continue to come in better than expected, but the market refuses to move higher so it may be safe to assume, at this point, that the proverbial bar was…

Morning Report

The bears refused to grasp hold of the market yesterday (as I tweeted) and the bulls took over from the 922/923 area of the ES and that's where I'll be…

Bottom Fishing

The markets took another one on the chin today as all the major indices closed down again--for the fifth straight day. I'm not calling for it, but I would not…

Test, Test, 1,2,3…

In comparing today’s market activity with yesterday’s you can definitely tell the difference when the market is acting in unison. For those of you that trade intraday you can definitely…

You Want Fries With That Chop?

Chop, chop, chop and not much else today as the markets moved up and down and ending flat for the most part. Take a look at the breadth of the…

Paint Drying Day

As expected, another light volume day and not much movement, relatively speaking, either. The selling pressure did kick in around 10:30 as the decliners broke above the advancers in the…

Support? What Support?

So much for that new level of support in the broader market ($SPX)! No news to shock the markets and we fall right back down after making a higher high.…