Tag: IWM

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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Weekly Thoughts

As earnings go, this week will be key for clues as to the overall season. So far earnings season hasn’t been that great for the bulls. Two events on the economic calendar this week that I’m watching are the FOMC statement on Wednesday and the advanced GDP on Friday. Both of these reports will give

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Attitrade Index Update

For those of you that are regular readers of my blog you are probably familiar with the “home cooked” index I used to call the secret sauce. Nothing special, just an average of some sectors I track. As we continue to grind higher into the close of 2010 the index is beginning to look over

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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 pressure thanks to Cisco ($CSCO). Who knows what will happen overnight, but Thursday could be another ugly day, at least until the knife catchers come

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Short-Term Breadth

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 in equities (as most do) so it stuck out for me and many others today. I thought I’d take a look at the shortest moving

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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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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 set too low again. October has a history of being one of the most volatile months throughout market history and this year that belief held

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Pivotal Week Ahead

Another week, another loss for the major indices. The Dow finished the week down -5.3%, the Nasdaq lost another -8.7% and the S&P 500 sank another -8.4%. The big loser for the week was the Russell 2000 which fell nearly 10% bringing the yearly losses to -46.9%. We really don’t talk that much about the

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Election Week

What a great week for the major indices as they all posted double digit gains. In the week prior to the presidential election we saw an impressive bounce (or rally) with the small caps leading the way. Yes, the Russell 2000 ($IWM) posted a 14.1% gain this past week followed by the Dow with an

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Weekly Wrap

Not the best of weeks for the equities, but with Friday’s limit down action in the futures it could have been much worse. The major indices were DJIA lost 5.3%, the Nasdaq lost 9.3% and the S&P 500 lost 6.8% for the week. For the year, the Nasdaq leads all with a whopping 41.5% loss

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