Reshuffling the Deck Like a high-stakes battlefield shuffled anew, this week’s market action unfolded with historic magnitude. Capital Weighted Volume, Capital Flows (Capital Weighted Dollar Volume), Upside CW Volume, and Dollar Volume all surged to all-time weekly highs—marking what could be a pivotal realignment in investor positioning. The week began in disarray. On Tuesday, nearly […]
This past week, the market’s price trend finally aligned with its volume trends, which broke down a month earlier. On Thursday, April 3rd, the bears notched a 95% downside volume day on above-average S&P 500 capital weighted volume. This impressive performance was eclipsed on Friday, April 4th, with a staggering 99% downside volume day on […]
The generals, Invesco QQQ Trust (QQQ), led the march lower this week (-2.90%), while our brass commanders, Schwab US Dividend Equity ETF (SCHD, -0.58%) and Invesco S&P 500 Equal Weight ETF (RSP, -1.35%), once again held up relatively better on light volume. The bulls took charge at the start of the week, registering a 96% […]
The markets may have broken their down streak last week, but the victory was far from decisive. The elite forces of the market, represented by the SPDR S&P 500 ETF (SPY), lagged behind their comrades, finishing up a modest 0.21%. Meanwhile, the generals, embodied by the Invesco QQQ Trust (QQQ), marched ahead with a gain […]
Transitioning from Defense Back to Offense Last week, we assessed the market’s setup for potential capitulation, though our volume indicators had yet to trigger. However, the battlefield shifted this past Thursday (3/13) when the generals (QQQ) and Friday (3/14) when our elite forces (SPY) both registered VPCI V-bottoms—marking a possibly significant turning point in volume […]
Failing momentum or is a powder keg brewing? Part 3 This past week our market forces executed a headlong retreat. The week began with a bear onslaught wiping out the previous Friday’s (2/28) 99% bullish Capital Weighted Volume & Dollar Volume day. On Monday, March 3rd, the bears launched a formidable offensive, with 91% of […]
Failing momentum or is a powder keg brewing? Part 2 The battle between the bulls and the bears is now hot and heavy. This past week several of our market forces retreated back to their original front lines on heavy volume where they found significant reinforcements awaiting. The S&P 500 breached its rising 5900 trendline […]
Failing momentum or is a powder keg brewing? In another holiday-shortened campaign, our forces seemed poised to finally breach staunch resistance. However, Friday’s skirmish reset those expectations. We now face the possibility of either a strategic withdrawal or a decisive breakthrough, with compelling intelligence supporting both scenarios. Despite falling interest rates, the troops led this […]
The generals, Invesco QQQ Trust (QQQ), reasserted their command this past week, leading the market charge with a 2.91% advance on light incursion (volume). The SPDR S&P 500 ETF Trust (SPY), the loyal lieutenant, followed suit with a 1.49% gain. However, the broader battalions struggled to keep pace with their capital-weighted comrades as mildly rising […]
In last week’s intelligence briefing, surging market volume suggested major market offensives maybe setting up. This past week, the market engaged with tariff skirmishes, employment intel, and a barrage of earnings reports from the S&P 500’s elite forces, the Magnificent 7. However, those seeking a decisive victory may have found themselves in the disappointment of […]