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.…
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…
Short-term Breadth Update
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…
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…
Market Breadth Update
June option expiration has come and gone and the markets have held their own as each of the major indices stayed above the 200 SMA. The biggest gainers for the…
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…
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…
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…