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. […]
The Spokesman-Review quotes Buff Dormeier, CMT®, Chief Technical Analyst & Portfolio Manager, as he discusses inflows into tech stocks. Click here to read the full article.
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 […]
This past week the generals (NDX 100) continued to advance (up 0.1%), whereas the troops (Russell 2000) continued their retreat (down -0.43%). Overall, capital outflows outpaced inflows $47.2 to $36.4 billion. Likewise, the Advance-Decline Line gave up ground this past week but continues to rest above its trend. On a positive note, Capital-Weighted Volume closed […]
Closing just below high point of the week at 4169, the S&P 500 closed at the same level as last week’s high. Capital Weighted Dollar weekly volume was slightly above average, as were capital inflows of $49 billion versus outflows of $43 billion. After testing support earlier in the week, the Advance-Decline Line also ended […]
With looming resistance @ 4200, the rally in the S&P 500 paused this past week. After heading higher Monday and Tuesday, the S&P 500 ended slightly down for the week. Capital Inflows trailed Capital Outflows $29.4 Billion to $37.3 Billion on below-average volume. The Advance-Decline Line also fell, but more stocks made new 52-week highs […]
Although the S&P 500 was up slightly for the week (0.79%), S&P 500 Capital-Weighted Inflows took a breather from their massive surge in March. Capital Weighted Outflows outpaced Inflows $41.25 Billion to $31.3 Billion. Market breadth was up for the week, indicating liquidity may be positively trending. The next resistance point on the SPX is […]
The battle for 4000 is on. The bulls, led by the generals, are gaining steam. Last week’s edition of Volume Analysis weekly stated, “Overall, capital is moving back into the market. However, the inflows are concentrated amongst the large caps and specific sectors, not the broad market. The return of capital to the growth sectors […]