Rubber and Fuel After a strong surge off the bottom and a breakout into uncharted territory, the market’s major units took a slight tactical pause this past week to refresh. The stock market box, box, boxed, pulling into the pits for rubber and fuel, essentially taking a breather from its rally without coming to a […]
The Advance Broadens In a shortened holiday week, the S&P 500 once again closed at all-time weekly highs, continuing its campaign with minimal resistance. Volume remained in command, with 67 percent of activity advancing and capital flows confirming the push as five out of every eight dollars moved into equities. Reinforcements arrived from the broader […]
Volume Leads, Price Follows In our May 5th dispatch, we reported a strategic shift on the battlefield. Volume trends were breaching resistance well ahead of price. At the time, we noted, “The strategic stronghold at SPX 4800 was defended effectively—likely by the market’s strong hands, buying or covering near the April 9th lows. Yet these […]
Holding the Line, Mild Strategic Pullback Continues Despite the distraction of geopolitical unrest and a closely watched Federal Reserve meeting, the battlefield remained largely quiet during the shortened holiday week. Both price and volume held their positions, showing minimal movement as the broader market took a well-earned pause. The S&P 500 and its supporting ranks […]
Of Breathers and Battle Lines With the smoke of geopolitical tension lingering on the horizon, the markets took a measured pause from their recent bullish campaign. The S&P 500, after staging an advance to new daily highs since the April 9th reversal, momentarily breached the 6050 resistance line intraday on Wednesday, June 11th—only to retreat […]
All-Time Highs Breached as Capital Flows Leads the Advance Last week concluded with a decisive show of strength as Friday’s capital flows recorded a commanding 95% inflow day. For the week, inflows outgunned outflows by nearly a two-to-one margin based on total capital-weighted dollar volume. In our prior dispatch, we noted that supply lines were […]
After a strong advance at Tuesday’s opening bell, effectively a gap-and-go maneuver, the markets held their ground, trading largely within Tuesday’s battlefield range. For the month, the generals (Invesco QQQ ETF) led the charge with a decisive 9%+ surge, rallying the broader forces higher. Meanwhile, the dividend brass commanders (SCHD – Schwab U.S. Dividend Equity […]
Tactical Pullback – Bears Counterattack After Bullish Blitz Following a five-week surge that saw the bulls in full control of the field, the S&P 500 paused to regroup last week, retreating on below-average volume. All units experienced a pullback, though the generals (Invesco QQQ Trust – QQQ) held their ground best, falling -2.35%. In contrast, […]
Volume Analysis Update: Out of the Blocks The bulls launched their offensive with the precision of a dawn raid on Monday the 12th, charging out of their blocks and seizing early momentum to begin the week. A massive 97% Capital Inflow Day served as a shock-and-awe maneuver, catching the bears flat-footed on the battlefield’s opening […]
Volume Analysis Update: Market Stands at Ease The stock market took a much-needed breather this week. After several long weeks of intense combat in the markets, the S&P 500 took a tactical pause this week, marking time within the confines of last week’s battlefield. Volatility retreated as the index closed entirely within the prior week’s […]