And Then There Were None Part III This past week, the generals continued their retreat on modest capital flows while the troops resumed their rally. The generals (NDX 100) lost -3.98%, while the troops (iShares Russell 3000 ETF, IWM) gave up much of their early week gains to finish up 1.74%. The S&P 500 ended […]
And Then There Were None Part III It was no longer the same old story; this past week, the markets sang a new tune and began a different dance, my friends. In a sharp reversal, the troops (iShares Russell 2000 ETF, IWM) woke up from their prior slumber to lead the broad market’s charge higher. […]
Although it was a shortened week due to Independence Day, Capital Weighted Volume remained strong, going against seasonal trends. The generals (Nasdaq 100) once again took control, finishing the week up 3.33%. The S&P 500 index closed the week at new highs, up 1.68%. However, it was once again a story of two markets, with […]
And Then There Were None Part II Under the surface, last week the broad markets appeared dull and lifeless. Nevertheless, internally strong forces were once again lively at work. The S&P 500 closed the week essentially unchanged, up 0.05%. The generals (NDX 100) also eked out a slight gain of 0.13%, but the lagging troops […]
And Then They Were None It was a dull, short week in the markets last week, at least from a price perspective. Yet under the silent surface, something significant may be brewing. The S&P 500 closed up a modest 0.76%, while the lagging troops (iShares Russell 2000 ETF, IWM) finished up 0.82%. However, our leading […]
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it […]
It is the same old story, same old song and dance, my friend. This past week, the generals (NDX 100) led, up 2.50%, and the troops (iShares Russell 2000 ETF, IWM) retreated, down by -2.22%. However, during this segue, the mega-cap rally occurred on light volume. The S&P 500 finished the week up 1.32% on […]
Last week, we finished our volume analysis commentary with these thoughts, “Holistically, this data may suggest that the broad markets could benefit from a pause to refresh during their bullish journey.” This past week, the markets did pause. However, could this week’s encouraging data suggest that the pause may be short-lived? This week, our leading […]
Last week once again highlighted a tale of two markets. This bull market has heard it all too often: the generals (Nasdaq 100) leading with a gain of 1.41%, while the troops (iShares Russell 2000 ETF – IWM) retreated, dropping -1.27%. Meanwhile, the S&P 500 finished the week essentially flat, up just 0.03%, trading within […]
Two weeks ago, the accumulated NYSE Advance-Decline line reached new all-time highs. This past week, the AD Line extended those highs, lifting major large-cap indexes such as the SPX, NDX, and the Dow Jones Industrials to new all-time highs as well. Volume continues to lead price, extending its own all-time highs set again nearly a […]