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Market Internals 2011-06-19
2011 Jun 19 Sun 20:11:13 | by
Following is the chart posted here back in the beginning of May from a previous Market Internals Update. 
Who says breadth analog models do not work? The Tick16 Short Term index is showing extreme overbought condition. No typo. Overbought it is. 2 known ways to resolve this from historical data. 1. One last flush is needed to finish this drop. That will take S&P 500 down a total of 10 to 12% to finish off this drop. Currently S&P is down about 8 to 9%. If we get the flush, the market will find its bottom quickly and rally from there. 2. Someone put a floor to the market here. It happened before during various crisis that the stock market could just stuck there while the whole world falling apart. After the crisis is over, however, the market will be stuck here for a long time as many investors will no longer want to participate in something they cannot trust.
Who says breadth analog models do not work? The Tick16 Short Term index is showing extreme overbought condition. No typo. Overbought it is. 2 known ways to resolve this from historical data. 1. One last flush is needed to finish this drop. That will take S&P 500 down a total of 10 to 12% to finish off this drop. Currently S&P is down about 8 to 9%. If we get the flush, the market will find its bottom quickly and rally from there. 2. Someone put a floor to the market here. It happened before during various crisis that the stock market could just stuck there while the whole world falling apart. After the crisis is over, however, the market will be stuck here for a long time as many investors will no longer want to participate in something they cannot trust.S&P500 Crossroad 2011-06-14
2011 Jun 15 Wed 9:14:49 | by
Posted this in the real-time commentary on Jun 14th. [singlepic id=27]
Market Internals 2011-06-12
2011 Jun 12 Sun 12:43:21 | by
Since last update, there were 2 attempts of 1% bounce. Both failed to get any legs. From both cases, the melt down mode were triggered leading to more selloff. 5% drop target was 1300 to slightly below - tagged, bounced and failed. 8% drop target is 1260 to slightly below - tagged and not bounced off that yet. Based on the development on the breadth chart (on front page), 3-Day Advance Issues is developing a divergence bottom. If Monday produces a bounce, especially from a gap down, it is very likely to have legs this time.
2011 Jun 5
Market Internals 2011-06-05
Many asked for an update on the reading of the Daily Breadth Chart. Here it goes. Since last update, 1. The selloff - checked 2. The bounce - checked 3. The What-If - TICK16 Short Term failed to hold above neutral for even 1 day, so the bear ...
Many asked for an update on the reading of the Daily Breadth Chart. Here it goes. Since last update, 1. The selloff - checked 2. The bounce - checked 3. The What-If - TICK16 Short Term failed to hold above neutral for even 1 day, so the bear ...
2011 May 27
Yandex!
Read this on Yahoo Finance and is quite perplexed what this company actually does. MSM just keep spinning that it is "Google of Russia". The report says all it got from the IPO was 399 mil. The interesting thing here is that as oppose to Linked ...
Read this on Yahoo Finance and is quite perplexed what this company actually does. MSM just keep spinning that it is "Google of Russia". The report says all it got from the IPO was 399 mil. The interesting thing here is that as oppose to Linked ...
2011 May 25
If you think silver margin hikes was bad, see this.
Irish bond margin requirement is now 65%, increased from 55%. Notice is given 1 day in advance only. http://www.lchclearnet.com/risk_management/ltd/margin_rate_circulars/repoclear/2011-05-25.asp Saw this from zerohedge here. ...
Irish bond margin requirement is now 65%, increased from 55%. Notice is given 1 day in advance only. http://www.lchclearnet.com/risk_management/ltd/margin_rate_circulars/repoclear/2011-05-25.asp Saw this from zerohedge here. ...
2011 May 22
Market Internals Update 2011-05-22
Someone asked for an update so here it is. Take a look at the S&P500 Daily Breadth Monitor chart on front page after you read my comments here will help you understand what I see from the chart. I get these from the chart, 1. Oversold in TIC ...
Someone asked for an update so here it is. Take a look at the S&P500 Daily Breadth Monitor chart on front page after you read my comments here will help you understand what I see from the chart. I get these from the chart, 1. Oversold in TIC ...
2011 May 10
Market Internal Update 2011-05-10
As on last Friday, the 3-day advance issues was short term oversold. Thus it is expected a bounce should happen on Monday and that has already happened. Critical price level of 1350 in ES and 2400 in NQ has to block this move from going higher for ...
As on last Friday, the 3-day advance issues was short term oversold. Thus it is expected a bounce should happen on Monday and that has already happened. Critical price level of 1350 in ES and 2400 in NQ has to block this move from going higher for ...
2011 May 3
Market Internals Update 2011-05-03
After I posted the breadth bias warning last week. Someone asked for some samples of the potential outcomes from history. Here they are. First one, the one that simply go sideway for a month. Second one, if there is a turn, it should happen quickly ...
After I posted the breadth bias warning last week. Someone asked for some samples of the potential outcomes from history. Here they are. First one, the one that simply go sideway for a month. Second one, if there is a turn, it should happen quickly ...
2011 Apr 29
How Goldman Sachs Created the Food Crisis
Interesting read - How Goldman Sachs Created the Food Crisis ...
Interesting read - How Goldman Sachs Created the Food Crisis ...
