Tag: DIA

Market Perspective 12/12/12

On the 12th day of the 12th month of the 12th year of this century there are 12 trading days left. I thought it would be interesting to see where the ETFs of the major indices are trading. One of the easiest ways to do this is by dividing the price action into quarters from

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VWAPs Of Index ETFs

The Volume Weighted Average Price (VWAP) is just an indicator, nothing more. It’s not a holy grail, it’s not a signal to buy/sell, it’s imply the average price over a given period of time. One could argue though that the VWAP is used quite regularly in some algos, just not so sure about larger time

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Large Moves Today, Can They Hold?

Whoa Nelly! Out of the last 4 weeks of trading there have only been two days that the Dow hasn’t had a triple digit move up or down. I expected a bit of a move higher today as stocks typically don’t move too far in either direction pre FOMC statements, but not a near 11%

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