This past week, the generals (NDX) made a modest advance of 0.17%, while the troops (IWM) retreated by -1.58%. The S&P 500, on the other hand, saw a 0.46% increase for the week. Despite the price advance, capital inflows and outflows remained balanced, with both totaling approximately $38 billion for the week. Year-to-date, the generals […]

While the S&P 500 saw a weekly decline of -0.74%, the Russell 2000 ETF IWM, representing the troops, remained relatively unchanged at +0.04%, while the generals (NDX) managed a slight increase of 0.10%. In contrast to the S&P 500’s downward trajectory for the week, Capital-Weighted Dollar Volume showed a different story. Capital inflows surpassed outflows, […]

Last week, the S&P 500 breached the lower threshold of its inside bar support, falling to 4320, just slightly below the intermediate support level at 4325. Moreover, the NYSE Advance-Decline Line also dipped below its uptrend line. The iShares Russell 2000 ETF, representing the troops, led the retreat with a -3.78% drop.  The NDX 100, […]

Despite ultimately closing below its mid-week peak, the S&P 500 experienced a modest uptick during the week, guided by the troops (NDX 100 index). The NDX 100 exhibited strength, concluding the week with a gain of 1.68%.  In contrast, the Dow Jones Industrials saw a decrease of 0.45% while the iShares Russell 2000 ETF (the […]

The market’s seasonal decline picked up its pace this past week. Both Capital-Weighted Volume and Capital-Weighted Dollar Volume experienced significant weekly declines but remain in intermediate uptrends above their major support levels. Over $55 Billion flowed out of the S&P 500 on the week while approximately $25 Billion flowed in. The Russell 3000 Advance-Decline Line […]

Both the generals represented by the NDX (Nasdaq 100) and the troops symbolized by the Russell 2000 maintained their seasonal descents this past week. The Nasdaq 100 experienced a decline of 1.62%, mirrored by a corresponding 1.64% slide in the troops as indicated by the iShares Russell 2000 ETF (IWM). The S&P 500 saw above […]

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 […]