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 […]

This past week, the broad markets embarked on a path towards new all-time highs, albeit on below-average volume. Capital flows saw $39 billion entering the market compared to $29.6 billion exiting, both figures falling short of recent averages. Leading the charge was the S&P 500, climbing 1.85% for the week, closely followed by the NDX […]

In last week’s Volume Analysis Flash Update, I highlighted the previous week’s market dynamics, noting a strong start with an 86% Capital Weighted Volume day on Monday, followed by an even more impressive 93% upside day on Tuesday. Such concentrations of capital inflows may indicate a bullish trend within the market. However, this past Tuesday […]

This past week saw a bullish resurgence in the market, with the generals again leading the charge upwards (+3.99% for the NDX 100) and the troops dutifully following suit (+2.70% for the iShares Russell 2000 ETF, IWM). Notably, S&P 500 Capital Weighted Volume Flows showcased an impressive performance, witnessing capital inflows more than double outflows, […]

The generals (NDX) continued to spearhead the market, albeit in a downward direction this past week. The NDX 100 saw a decline of -5.36%, overshadowing the more modest decreases of the lagging troops (iShares Russell 2000 ETF – IWM) which fell -2.79%. That was less of a decrease than the S&P 500, down -3.05%. Outflows […]

From a volume analysis perspective, the week may have felt more dire than it truly was. The iShares Russell 2000 ETF (IWM, the troops)  experienced the most significant decline, down by -2.82%, while the Nasdaq 100, representing the generals, saw a more modest loss of -0.58%. Despite the S&P 500 finishing the week down by […]

This past week witnessed a pullback occurring on light volume. The S&P 500 experienced outflows of $39.5 billion, notably low for a downturn week. Meanwhile, inflows amounted to $32.6 billion, falling below the average for a typical week. Among our tracked indexes, the Nasdaq 100, serving as the generals, demonstrated the most resilience, with a […]

Volume and capital flows were light in a shortened Good Friday week. Capital outflows matched capital inflows on the S&P 500. Likewise, there was little movement in the trend of S&P 500 Capital Weighted Volume. The troops (iShares Russell 2000 ETF) closed the four-day week at the very tip of the high range of its […]

S&P 500 capital inflows surged past outflows by nearly a 3:1 margin last week. Inflows exceeded the norm, totaling nearly $61 billion, while outflows remained notably subdued at $21 billion. Throughout the week, the generals (Invesco QQQ Trust ETF) resumed control once again, finishing up 2.72%, while the troops (iShares Russell 2000 ETF) tiptoed along, […]