“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it […]
It is the same old story, same old song and dance, my friend. This past week, the generals (NDX 100) led, up 2.50%, and the troops (iShares Russell 2000 ETF, IWM) retreated, down by -2.22%. However, during this segue, the mega-cap rally occurred on light volume. The S&P 500 finished the week up 1.32% on […]
Last week, we finished our volume analysis commentary with these thoughts, “Holistically, this data may suggest that the broad markets could benefit from a pause to refresh during their bullish journey.” This past week, the markets did pause. However, could this week’s encouraging data suggest that the pause may be short-lived? This week, our leading […]
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 […]