In last week’s edition of Volume Analysis, we concluded, “The resolution in a bifurcated market with the generals (NDX 100) advancing higher on positive capital flows with the troops (Russell 2000) declining lower has typically been for the generals to ‘rally up’ or pull up the rest of the broad market not receiving capital flows.” […]

The Generals (Nasdaq 100) continue to charge higher, advancing through formerly bearish territory. However, the troops (Russell 2000) are still in retreat. With the NDX 100 making up a preponderance of the equity weighting within the S&P 500, it is not surprising to see both Capital Weighted Volume and Capital Weighted Dollar Volume surging higher. […]

Capital Flows continued their positive trend last week as capital continued to pour into the S&P 500. The generals (NASDAQ 100) again led the charge. But this week, they were able to pull up some of their troops (Russell 2000) with them, as evidenced by a 1.89% weekly gain in the Russell 2000. The Advance-Decline […]

Closing in on 4200, this past week the S&P 500 continued its pause. Although the S&P 500 was down slightly (-0.29%), capital inflows outpaced outflows $41.25 Billion to $37 Billion. However, Capital Weighted Volume was down slightly for the week but still holding above trend. The same cannot be said about the Advance-Decline Line. The […]