Last week’s Volume Analysis Flash Update focused on August’s historically weak seasonality trend, the nearing of potentially significant resistance points in the S&P 500 (nearing 4635), and the resistance posed by all-time highs in Capital-Weighted Dollar Volume. Thus, it’s not unexpected that the NDX 100 (generals) experienced a 3.02% decline last week. This decline also […]
The generals (NDX 100) continued their march up the charts finishing the week up 2.11% as the troops (Russell 2000) followed along hitchin’ a ride. The S&P 500 was up 1.01% with $60.4 billion in inflows with only $29 Billion in outflows. The Russell 2000 like the S&P 500, gained 1.01% on the week. As […]
This past week the troops (Russell 3000) came to play while the generals (NDX 100) largely sat the week out. For the week, the Russell 3000 was up approximately 1.5%, the S&P up 0.69%, and the Nasdaq 100 was down 0.44%. Trading was marked by high volume. S&P 500 Capital-Weighted Dollar Volume was significantly above […]
In 2023, the generals (NDX 100) and her troops (Russell 2000) have not been in sync with the rally. However, this past week, both the generals and the troops moved in cohesion against the bears. Capital flows were strong during last week’s rally. The S&P 500 saw $59 Billion in new inflows to only $27 […]
Kingsview Investment Management’s Chief Technical Analyst, Buff Dormeier, CMT® has been featured on MoneyShow.com, click here to read the full article. Updated: 7/14/2023 Historical references do not assume that any prior market behavior will be duplicated. Past performance does not indicate future results. This material has been prepared by Kingsview Wealth Management, LLC. It is […]
Although the markets experienced a volatile Independence Day downside week, the technical damage appeared to be only modest at worst. The S&P 500 is still trading inside its previous week’s range of 4458 and 4328. The week was shortened by a light half session Monday and closed on Tuesday. The action was violent on the […]
This past week the S&P 500 broke above our upward trading range of 4448 to close at 4456. Upside capital inflows were above average with 56 Billion dollars flowing into S&P 500 components last week. Capital outflows were light with less than $32 Billion flowing out of the S&P 500. Overall, the trend of capital […]
The markets were down last week on light volume and capital flows. Our leading indicators, Capital Weighted Volume and Capital Weighted Dollar Volume, were also down, but only slightly. Weekly Capital Weighted Dollar Volume was below average in total and upside volume. Meanwhile, despite the drop in prices, Downside Capital Weighted Volume was only slightly […]
This past week the S&P 500 drove past our targeted resistance point of 4400 on very strong Capital-Weighted Volume and capital flows. The internals followed suit with an advancing Advance-Decline Line and stocks nearing 2023 yearly highs. Both Capital Weighted Volume and Capital-Weighted Dollar volume are closing in on all-time highs. Last week witnessed very […]
Last week’s Volume Analysis Flash Update concluded, “capital continues to flow positively into stocks. Perhaps the concentration of capital into the big names has become overly ripe, and it may be time for a more inclusive market to take hold.” This past week that theme played out with the generals taking a bit of a breather […]