A series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth.

Market Internals

February 4, 2014 12:33 pm / Published in Market Internals
I am looking at the Market Internals and seeing inflows in the Nasdaq 3.2:1 and NYSE 3.4:1 . It is surprising that more cash is entering the NYSE which was weaker in the downfall. The Market is trading about 1750 which is a large psychological level. It will be good news to see it trading

Market Internals

February 3, 2014 1:31 pm / Published in Market Internals, Market Update, SPX, SPY
In the NYSE and NASDAQ we still see outflows the highest levels of 2014 12.5 to 1 in the NYSE and 11.6 to 1 in the NASDAQ. Major Levels in the SP500: Right now we are testing mayor support and we don’t see large buying orders. SP500

Market Update

January 27, 2014 3:57 pm / Published in Market Internals, Market Update
The market had a continuation sell off and tested the Light Blue line I mention yesterday in the video. As we can see from the chart the market correction is already significant and we are moving to oversold levels in the short term. My algorithms are giving buy signals here – however because of risk

Market Update

January 24, 2014 9:41 am / Published in * Trade Alert, GOLD, Market Internals, Market Update
We are still trading int he marked range between the orange lines. However we are cautious a this levels. Asia and EU had negative movements and US already discounted it with the Gap down. The market internals in the first 10 min of the day are negative, and cash is exiting the NYSE and Nasdaq

Opening Gap with Positive Market Internals

January 21, 2014 10:47 am / Published in Market Internals, Market Update
The SP500 opened at the highs which was able to hold for 30 minutes. Later sellers took control and we are back: trading in the weekly range (weekly chart). We wanted to see the 1850 print to exit some long term position at those levels but today won’t have the chance. Complicated trading day for

Market Update

December 18, 2013 12:07 pm / Published in Market Internals, Market Update, SPX, VIX
The VXX is not as high as yesterday and the market is almost at the same level and trending lower. We have negative cash volume on the NYSE and NASDAQ and most of the traders are waiting for the FOMC. We are still long and holding SPY and QQQ options looking for a retest of