Wait & See
Friday, March 17, 2017 2:43 PM EDT
One thing of concern is that a few measures of breadth are starting to show some weakness.
All Contributions
Buying Stalls
Sunday, March 12, 2017 3:22 PM EDT
Over the past few weeks the number of bullish stocks on Twitter have fallen sharply. This indicates that buyers of the most bullish stocks dried up as the S&P 500 Index pushed up into the 2400 area.
Market Health Is Bouncing Around
Friday, March 10, 2017 2:25 PM EDT
There is some weakness in my core health indicators and the ratio between mega cap stocks and large cap stocks is signaling rotation. It still remains to be seen if the rotation is a flight to safety.
In this article: SPX
Measures Of Strength And Economy Go Negative
Friday, February 24, 2017 3:03 PM EDT
Over the past week, some serious damage has been done to my core stock market health indicators. Most notably, the measures of the economy and market strength have gone negative.
In this article: SPX
Short Term Top Ahead
Monday, February 20, 2017 3:15 PM EDT
Sentiment for the S&P 500 Index is showing a bit of lag in the trend. As price is moving higher, sentiment is stalling.
In this article: SPX
Consolidation Possible
Friday, February 17, 2017 2:51 PM EDT
The ratio between S&P 500 Equal Weight Index and the S&P 500 Index is giving a small warning sign.
Bouncing Around
Friday, February 10, 2017 1:03 PM EDT
All the indicators are still positive, but could quickly move lower if the market doesn’t continue to rally. This is a time to keep a close eye on the market.
In this article: SPX
Buying The Dip
Sunday, February 5, 2017 4:22 PM EDT
This past week saw traders buying the dip. If you look at the count of bullish stocks on the Twitter stream you can see that traders were buying more stocks as the market reacted to resistance near the 2300 level on the S&P 500 Index
In this article: SPX
Healthy Rally
Sunday, January 29, 2017 9:43 AM EDT
If the market can clear 2300 then 2330 is the next level of resistance. A downturn here should hold 2250 unless we start to see tweets for a much lower level.
Bounce Back
Friday, January 27, 2017 1:59 PM EDT
All of my core market health indicator categories, with the exception of market quality, bounced back this week.
In this article: SPX
Measures Of Trend And Strength Fall
Friday, January 20, 2017 2:15 PM EDT
The market needs a rally soon or we’re likely headed for a larger consolidation. It’s time to start paying attention.
In this article: SPX
Bullish Sentiment On Twitter – But Resistance Just Above
Sunday, January 15, 2017 4:13 PM EDT
Sentiment for the S&P 500 Index (SPX) on the Twitter stream broke its triangle pattern to the upside. This suggests that this rally has more steam in it. Keep an eye on the confirming uptrend line from 7 day momentum.
In this article: SPX
Back To Full Exposure
Friday, January 13, 2017 1:46 PM EDT
Over the past week, all of my core market health indicators rose. Most notably, are my measures of market quality. This category of indicators went negative just two weeks ago, then flipped back to positive this week.
Not Much Hope At A Critical Point
Sunday, January 8, 2017 4:41 PM EDT
Over the past several weeks, sentiment for the S&P 500 Index (SPX) has been slowly deteriorating as the market traded sideways to down. This week the market turned back up, and with it sentiment.
In this article: SPX
Widespread Buying
Friday, January 6, 2017 3:46 PM EDT
The widespread buying that we saw in November stalled during December, but is now attempting to resume. Bulls want to see breadth continue to rise as support for the current rally.
Another Year Of Whipsaws
Monday, January 2, 2017 2:55 PM EDT
2016 saw longer term indicators whipsawing. The longest term indicator I follow is Dow Theory. It looks for trends that last from one to three years (or longer). As a result, Dow Theory gives a lot of leeway to counter trend moves
In this article: SPX
