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 […]

Volume Analysis Update: Strong Momentum Low Munitions Once again, the generals, Invesco QQQ Trust (QQQ), led the bullish battalion into the fray, advancing 3.44% as they charged ahead of the rank and file troops, iShares Russell 2000 ETF (IWM), who followed closely with a 3.28% gain. The brass commanders, representing broader leadership, advanced more cautiously: […]

Volume Analysis Update: Marty’s Market Revival The generals, Invesco QQQ Trust (QQQ), resumed command of the battlefield last week, surging ahead by 6.41%, while their lieutenants, SPDR S&P 500 ETF (SPY), and troops, iShares Russell 2000 ETF (IWM), followed closely behind, posting gains of 4.60% and 4.10%, respectively. Meanwhile, the brass commander — the Invesco […]

The Curious Case of the VW Formation In early March, the market’s defenses began to falter. On March 7th, our capital-weighted volume metric broke ranks, breaching both structural support and our critical 1% threshold, signaling a Volume Analysis correction. Later, with the threat level elevated, on March 21st, capital-weighted dollar volume followed suit, confirming a […]