The VIX and the SPY are NOT in sync … You know how they work … since the VIX moves opposite to the stock market, a higher VIX correlates with a lower market, and a lower VIX correlates to a higher market. But, that is not exactly what has happened since January 23rd. If you [...]
Very bullish and very overbought is one way to describe the market
Very bullish and very overbought is one way to describe the market based on this stock count on the S&P 500. This chart is derived from doing a count every night on the number of Strong Stocks and Weak Stocks on the S&P 500. Since it is based only on Strength levels, it measures the S&P [...]
Can the stock market and the futures market be telling two different stories?
Can the stock market and the futures market be telling two different stories? Two different stories … That is what the (daily) NYSE count of New Lows versus the VIX is saying. The New Lows is a reflection of the stock market, and the VIX is a reflection of the futures market because it is [...]
An important Weekly SPY chart …
Truth is, the equity markets will be shut down again today, and some futures markets could be trade-able again today. The markets will likely re-open on Wednesday, and we will do a regular update if they do open then. A “market closed day” does NOT mean we can’t share an important chart today … Below [...]
Where is the balance of power now?
Where is the balance of power now? At the end of each trading day, we measure how many stocks have positive strength and how many have negative strength. We do it on the S&P 500 for two reasons. One, is that it is regarded as the best proxy for the state of the economy by [...]
The Feeder stocks tell you WHO is winning the battle …
Today’s chart is a measurement we conduct of the daily number of Positive and Negative Trending stocks on the S&P 500. (Since there are only 500 stocks on this index, 250 becomes the equilibrium, or neutral level.) The trending numbers of these two groups act as “Feeder stocks for the trending of the market”. They [...]
What is one of the most valuable technical concepts for investors?
What is one of the most valuable technical concepts for investors? Answer: The simple definition of an up trend or down trend, because using the concept can tell you what will happen next in the market. Before we apply the up trending principle, let’s define it. The Definition of an Up Trend: “An up trend [...]
April 11th. Watch your Bollinger Bands …
When you look at an old fashion pendulum clock you know that it swings from one extreme to the next. Each time it reaches an extreme it moves back down to normality (the bottom center of the swing) and then overshoots it until the next extreme. The pendulum extremes are like being above or below [...]
Will the SPY make it past this 44 Week Resistance Level?
Will the SPY make it past this 44 Week Resistance Level? That will be “THE question” within the next 10 trading days. Specifically, here is the real question: Will the SPY be able to rise above its 2008 to 2012 resistance line seen on its weekly chart (posted daily on www.StockTiming.com’s Standard Update)? That chart [...]
Will the market stay safe or get into trouble this week?
Will the market stay safe or get into trouble this week? One of the daily research data sets we calculate every night is from a computer run on every stock on the S&P 500 index. During that analysis, we measure the Strength levels of each stock and do a count of how many had positive [...]
