Sign inRecent Commentaries tagged (russell-1000)
Stock Market: new highs confirm a broad-based, major uptrend.
Stock Market: new highs confirm a broad-based, major uptrend. Health Care still stands out. The DJIA, S&P 500, NASDAQ Composite, and the NYSE Cumulative Daily Advance-Decline Line all rose to new 15-month highs, thereby confirming a broad-based, major uptrend for the general market. All 3...
Daily Stock Market Update
Stock Market: the trend remains Bullish for the very short term, although the pace is unsustainable. The S&P 500 cash index rose to its highest level in a month, since 6/15/09. Volume increased but remains at relatively low levels. U.S. Treasury Bond September futures contract price broke down...
Daily Stock Market Update
Stock Market: minor oversold bounce continues. The S&P 500 cash index rose above the highs of the previous 5 trading days. The trend remains Bullish for the very short term. Volume contracted and remains at relatively low levels. Low volume suggests absence of strong demand for stocks. VIX...
Daily Stock Market Update
Stock Market: minor oversold reversal came on schedule, cyclically. The S&P 500 cash index jumped up above the highs of the previous 5 trading days, confirmed by rising volume. That might be Bullish for the very short term. But just last week, the S&P broke down below its lowest closing low in...
Daily Stock Market Update
Stock Market: the 30-day trend is down but starting to look oversold. The S&P 500 cash index ended the week at its lowest closing low in 10 weeks, since 5/1/09. On-Balance Volume for the S&P 500 ETF (SPY) fell to its lowest level in 6 weeks. Downside price momentum slowed over the past 3...
Daily Stock Market Update
Stock Market: further confirmation of a Bearish intermediate-term trend. Despite a bounce in the final 86 minutes of the day, most stocks closed lower. The S&P 500 cash index broke down to its lowest level in 8 weeks and closed below 879.61, the intraday low of 5/21/2009. The Cumulative Daily...
Daily Stock Market Update
Stock Market: shows signs of increasing investor concern, and a diminished appetite for risk. The S&P 500 cash index broke down to its lowest level in 7 weeks, since 5/21/2009. S&P 500 closed below both its popular 50- and 200-day simple moving averages, and that may affect sentiment. Russell...
Daily Stock Market Update
Stock Market: Stock Sectors indicate a more defensive tone. The S&P 500 opened down, probed its June low, passed the test, and recovered early losses. Tuesday could be a critical day. Russell 1000 Value ETF (IWD) plunged to another new 3-month low relative to SPY. The Consumer Staples Stock...
Weekly Top 10 ETF Rankings
4-Year Outperformance by the Top 10 Exchange Traded Funds Weekly Rankings of Major Trend Relative Strength My weekly Top 10 ETFs ranked by the Major Trend Relative Strength outperformed the S&P 500 by 104 percentage points since August, 2004, in simulation. Click here for a graph of simulated...
Daily Stock Market Update
Stock Market: A confluence of cycles might be bringing trend change. Investor psychology may be shifting toward questioning “green shoots”. The S&P 500 broke down below 5-day lows on Thursday. Volume is falling as prices rise, and volume is rising as prices fall. That is Bearish. Consumer...
Daily Stock Market Update
Stock Market: A confluence of cycles over the days ahead could bring trend change. U.S. markets will be closed on Friday, 7/3/09, the day before Independence Day. Historical seasonal tendencies are Bullish for the last few days of June and first few days of July. Once end/beginning of the...
Daily Stock Market Update
Stock Market: an unexpected drop in Consumer Confidence appeared to reverse the momentum. The March-June bounce may have gone as far as it can go without tangible evidence of “green shoots”. U.S. markets will be closed on Friday, 7/3/09, the day before Independence Day. Historical seasonal...
Daily Stock Market Update
Stock Market: historical seasonal tendencies are Bullish this holiday week, but they turn down after this week. U.S. markets will be closed on Friday, 7/3/09, the day before Independence Day. Seasonal tendencies are Bullish for the last few days of June and first few days of July. Gann cycle...
Daily Stock Market Update
Stock Market: an indecisive day ended an indecisive week. Momentum has ground to a halt. The S&P 500 ended the week lower, but only slightly lower. Growth Stock/Value Stock Relative Strength Ratio rose above 3-month highs. Longer term, the ratio has been in a Bullish Major Trend since 8/8/06. ...
Daily Stock Market Update
Stock Market: strong price and strong breadth. Intermarket signals seem mixed up. Foreign stock index ETF (EFA) Relative Strength Ratio (EFA/SPY) broke down to a new 5-week low. Energy Stock Sector Relative Strength Ratio (XLE/SPY) broke down to a new 9-week low on 6/25/09. XLE performance...
