View From The Hill: November 11, 2015
Commentary and Performance Summary
Due to a conflict schedule, there will be no comments this evening.
The SP-500 has now closed down 5 out of the last 6 trading sessions @ 2075.00 (-6.71 / -0.32%). The Nasdaq-100 finished the day @ 4636.94 (-4.79 / -0.10%) and the Rusell-2000 ended @ 1178.07 (-9.63 / -0.81%).
The VIX closed @ 16.05 (+0.76 / +4.97%).
Treasury rates held firm the 10-Yr closed @ 23.38 (+0.16 / +0.69%) and the 30-Yr @ 31.10 (+0.16 / +0.52%).
The US Dollar Index settled @ 98.90 (-0.28 / -0.28%).
Gold is maintaining support and trading @ 1084.90 (-3.80 / +0.35%). WTI Crude Oil made a short-term double bottom today and closed @ 42.93 (-0.70 / -1.60%).
The Dow Jones Real Estate Index @ 288.74 (+0.54 / +0.19%) held support at its 55-day moving average for a third consecutive day and the Dow Jones Home Construction Index @ 592.72 (+10.79 / +1.85%) has regained support of its 22 and 55 day moving averages and broken its short-term downtrend.
Market Condition
Even though the SP-500 is resilient, the bears are starting to take more ground in their tug-of-war against the bulls. The next big test will be at the 22-day moving average, which if violated could most likely see stocks test the 2050-2052 area for support.
Stay Hillbent for the Market Direction…
Daily Chart Analysis
Market Breadth | ||||
Advancers | 209 | Decliners | 292 | |
New 5-day highs | 64 | New 5-day lows | 116 | |
New 52-week highs | 18 | New 52-week lows | 21 | |
Bullish reversals | 12 | Bearish reversals | 142 |
Market Momentum | |||
% > 20 M.A. | % > 50 M.A. | % > 100 M.A. | % > 200 M.A. |
49% ↓ | 71% ↔ | 49% ↓ | 47% ↔ |
Volume Radar Alerts
Stocks prices increasing on high volume | |||
Company | Price | % Chg | Vol Surge % |
Molson Coors Brewing Co (TAP) | 92.19 | +4.39% | 309% |
General Electric Co (GE) | 30.67 | +1.83% | 289% |
ADT Corp (ADT) | 33.99 | +4.42% | 257% |
Plum Creek Timber REIT (PCL) | 46.95 | +1.60% | 246% |
Weyerhaeuser Co (WY) | 29.81 | +1.95% | 118% |
Stock prices declining on high volume | |||
Company | Price | % Chg | Vol Surge % |
Macy’s Inc (M) | 40.44 | -13.99% | 608% |
Kohl’s Corp (KSS) | 43.16 | -5.35% | 206% |
Nordstrom Inc (JWN) | 62.32 | -3.72% | 194% |
Anadarko Petroleum Corp (APC) | 61.01 | -3.80% | 171% |
Boston Scientific Corp (BSX) | 63.58 | -4.55% | 88% |
Market Moving Events
Bullish
- N/A
Bearish
- N/A
Neutral
- N/A
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