January 30, 2023
Volume Analysis | Flash Market Update 1.30.23

This past week, the Bulls pushed through resistance, the apex of the Bearish Wedge. It is common for bearish wedges to be mildly retested, just like last week demonstrated. The key to identifying if the breakout is indeed legitimate is the break’s volume. Unfortunately for the Bulls, the overall volume was weak for the week. […]

January 23, 2023
Volume Analysis | Flash Market Update 1.23.23

The market ran into resistance this past week, backing off but finishing strong with a bullish fury. Although stocks were down slightly for the week, capital flowed into the market on light volume. $34.1 billion seeped out compared to $36 billion in inflows. Likewise, the number of stocks advancing marginally outpaced the number of declining […]

January 17, 2023
Volume Analysis | Flash Market Update 1.17.23

The Bulls had a strong showing last week. The S&P 500’s inflows outpaced outflows by over a 3:1 margin with inflows tallying $61.4 billion compared to only $18.25 billion in outflows. Nonetheless, total capital weighted volume was still slightly below its weekly average. The big mover these past two weeks has been the advancers of […]

January 9, 2023
Volume Analysis | Flash Update 1.9.23

The S&P 500’s Ascending Triangle pointed out in last week’s commentary, broke out to the upside this past week creating a near-term S&P 500 target of 3950.  Additionally, the numbers of stocks making New Highs closed off their recent lows for the first time in a long while. The strongest mover was the Advance-Decline line […]