COMMENTARY DATA CHARTS ARCHIVES PUTCALL
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Sun 02/27 Keying off the Breadth Statistics for both the Short and Intermediate-term
Thu 02/24 'Big Picture' Indicators Suggest Trading Range Remains Alive and Well
Wed 02/23 A Short-term End-of-Month Seasonal Play + Details on High SPX Put/Call Ratios
Tue 02/22 Examining Past Occurrences of Sharp Selloffs on Unusually Heavy Volume
Mon 02/21 Weekly Short Sales Statistics Reflect a Bearish Shift in Sentiment
Thu 02/17 Examining the Potential for a Short-term Sell Setup in the XAU
Wed 02/16 Bearish Credit Spread in OEX Options has Short-term Negative Connotations
Tue 02/15 Seasonal Tendencies Surrounding the Fed's Semi-annual Monetary Policy Report
Mon 02/14 QQQQ Options Trades Reflects a Skeptical Outlook Among Institutional Investors
Sun 02/13 Lopsided Open Interest Spread in OEX Options Points to a Rally on Monday
Thu 02/10 High SPX Put/Call Ratio Suggests Limited Downside Potential for the Short-term
Wed 02/09 Looking Back at 3:1 Negative Breadth Days on the Nasdaq Exchange
Tue 02/08 Short-term Setups based on the SOX Strength and the XAU Weakness
Mon 02/07 When the S&P500 Rallies Over 2% in a Single Week
Sun 02/06 Another Day of Lopsided Breadth has Intermediate-term Positive Implications
Thu 02/03 Re-examining VIX Setups in a Persistently Low Volatility Environment
Wed 02/02 OEX Open Interest as an Indicator
Tue 02/01 Short-term Seasonal Tendencies Surrounding FOMC Announcements
Mon 01/31 Lopsided Positive Breadth on the NYSE, but Nasdaq Volume Raises a Red Flag
Sun 01/30 Short Sales Data Not Confirming a Bearish Outlook
Thu 01/27 Light Put Volume a Short-term Negative, Plus a Look at NEM in February
Wed 01/26 When the S&P500 Trades Lower in the Month of January
Tue 01/25 A Long-term Bearish Credit Spread in QQQQ Options
Mon 01/24 Short-term Oversold Conditions
Sun 01/23 Commodity Trading Advisors Not Throwing in the Towel
Thu 01/20 Examining the Discount of the QQQQ to the Nasdaq100 Cash Index
Wed 01/19 Low Volatility Environment Suggests Market Will Remain Range-Bound
Tue 01/18 Back-to-back Lopsided Breadth a Longer-Term Positive Indication
Mon 01/17 Lopsided Positive Breadth on Light Volume a Short-term Negative
Thu 01/13 Little to Lean On for the Short-term
Wed 01/12 Options Trading in Stocks vs. Indexes Reveals Significant Differences
Tue 01/11 A Long-term Measurement of Buy/Sell Pressure Hits Extreme Oversold Territory
Mon 01/10 Reviewing the Long-term Negative Divergence between the Nasdaq and SOX
Sun 01/09 Small Investors Join Institutions in Adopting a Cautious Outlook
Thu 01/06 'Last Hour' Underperformance Hints At Institutional Selling
Wed 01/05 Short and Intermediate-term Signs of a Bottom
Tue 01/04 Indications Suggest Selling Pressure is Approaching an Exhaustion Point
Mon 01/03 Logarithmic Charts of the S&P and Nasdaq Highlight Key Trendline Channels
Sun 01/02 The Bradley for 2005, plus a 'Triple Play' Sell Signal Generated by the IMF
12/23 - 12/31 On Vacation
Wed 12/22 Straddles in MNX Options Suggests a Long-term Trading Range near NDX 1600
Tue 12/21 A Sharp Drop in Volatility + The Last Two Sessions Before Christmas
Mon 12/20 Bullish Seasonal Pattern for the Nasdaq before/after Christmas
Sun 12/19 Examining the Potential for Five Consecutive Up Months for the S&P500
Thu 12/16 Conflicting Short-term Signals + Details on an Options Expiration Pattern
Wed 12/15 Indications Suggest Selling into Strength on Thursday
Tue 12/14 Short-term Negative, Intermediate-term Positive Setups Triggered Tuesday
Mon 12/13 Short-term Tendencies Surrounding FOMC Announcements
Sun 12/12 Positive Seasonal Pattern During December's Options Expiration Week
Thu 12/09 SOX/NDX Divergence Suggests SOX Will Remain 'Heavy' Over the Short-term
Wed 12/08 Examining Two Short-term Oversold Setups Involving the XAU
Tue 12/07 Stocks move lower, Nasdaq TRIN triggers two Intermediate-term Bullish Setups
Mon 12/06 Short-term Negative Indications from the Nasdaq TRIN & Nasdaq Breadth
Sun 12/05 When the Odd-Lot Short Ratio hits Unusually High Levels
Thu 12/02 The Volatility Index and the 'Band Spread' indicator
Wed 12/01 400+ New Highs on the NYSE + A Look at a Short Straddle in MNX options
Tue 11/30 Reviewing Key Long-term Indicators that don't Back up the Bearish IMF Data
Mon 11/29 Con Ed in December + The Potential for Seven Consecutive Down Days in GE
Sun 11/28 Light QQQ Volume a Short-term Negative + A Look at Utility Stocks in December
Wed 11/24 Light Exchange Volume & Light Put Volume are Short-term Negatives
Tue 11/23 Positive Short-term Seasonal Pattern Surrounding the Thanksgiving Holiday
Mon 11/22 High ADX Reading for the S&P500 Signals an Unusually Strong Uptrend
Sun 11/21 'Large Traders' in Stock Index Futures Move to the Long Side
Thu 11/18 Short-term Caution Signs + Long-term Indications of Limited Downside Potential
Wed 11/17 Short-term Implications of Unfilled Upside Gaps in Nasdaq Futures
Tue 11/16 Fifteen Consecutive 'Higher Lows' for the S&P500 is Longer-term Bullish
Mon 11/15 A Temporary Interruption in the Rally, Then a Comeback into Expiry
Sun 11/14 Strength Begets Strength
Thu 11/11 Looking Back at Times When the Nasdaq100 Remained Persistently Overbought
Wed 11/10 Bullish Signs from the OEX Open Interest Spread
Tue 11/09 Insight from the Weekly and Monthly Charts of the S&P500
Mon 11/08 Persistently Overbought OEX Reinforces the Notion of Intermediate-term Strength
Sun 11/07 Institutional Traders in S&P Futures Switch to a Net Long Position
Thu 11/04 Second Session of 3:1 Positive Breadth & 80% Up Volume is Undeniably Bullish
Wed 11/03 A Collapse in Volatility Suggests the Upside is Capped for the Short-term
Tue 11/02 Six Consecutive Days of Higher Highs
Mon 11/01 When the Market Rallies Sharply and Volatility Doesn't Drop
Sun 10/31 Amidst Record-Setting Program Activity, Public Short Ratio Climbs Above 50%
Thu 10/28 Back-to-Back Days of Lopsided Positive Breadth has Bullish Implications
Wed 10/27 Persistently Strong Up Volume Hints at Further Upside Heading into Next Week
Tue 10/26 Utilizing the Dow Utilities Index as a Tell + A Look at Cisco in November
Mon 10/25 A Narrow Range Day after Five Down Sessions Signals a Potential Reversal
Sun 10/24 Persistently High Odd Lot Short Ratio Reflects a Stubborn Small Investor
Thu 10/21 Speculators Rush Back In, Raising a Short-term Red Flag
Wed 10/20 More on the Naz/NY Volume Ratio + A New Look at Up/Down Volume Stats
Tue 10/19 A New Format for the Charting Section of the Website
Mon 10/18 When the Nasdaq100 Outperforms the Philadelphia Semiconductor Index
Sun 10/17 Nasdaq/NYSE Volume Ratio Falls Below 1.0
Thu 10/14 Examining the Effects of Persistently Overbought Volatility
Wed 10/13 QQQ Volume Spikes Without A Correspondingly Large Move in the QQQ
Tue 10/12 Short-term Overbought Volatility + More on Nasdaq Futures Open Interest
Mon 10/11 Lightest SPY/QQQ Volume of the Entire Year
Sun 10/10 Eight Consecutive Weeks of 'Higher Highs'
Thu 10/07 Clues from the Nasdaq TRIN
Wed 10/06 A Review of our Key Intermediate & Long-term Market Timing Indicators
Tue 10/05 Sidelined Small Investors Hint at the Potential for Further Upside
Mon 10/04 Strong Upside Volume Suggests any Short-term Pullback will be Shallow
Sun 10/03 When Large Traders in S&P500 Futures Switch to a Net Long Position
Thu 09/30 Utilizing the Nasdaq/NYSE Volume Ratio for Short & Long-term Market Timing
Wed 09/29 When Nasdaq Breadth is 2:1 Positive, plus a Short-term Sell Setup for the XAU
Tue 09/28 Institutional Sentiment & the Put/Call Open Interest Ratio for Index Options
Mon 09/27 Lower Lows on Successively Lighter Volume Triggers a Short-term Buy
Sun 09/26 When Dow Industrials (DJX) Call Volume Doubles Put Volume
Thu 09/23 QQQ Put/Call Ratio over 2.0 for the Second Consecutive Session
Wed 09/22 The 'Last Hour' Indicator Approaches All-Time Highs
Tue 09/21 Examining the Potential For Seven Consecutive Up Weeks
Mon 09/20 SOX/NDX Divergence + More on Mondays Post-Expiration
Sun 09/19 The Importance of Mondays following Options Expiration
Thu 09/16 When the Market Settles Higher on Triple Witching
Wed 09/15 Seasonal Patterns Following September's Triple Witching Expiration
Tue 09/14 Deteriorating Breadth on the Nasdaq signals an Imminent Selloff
Mon 09/13 NYSE TRIN Triggers a Longer-term Buy Signal
Sun 09/12 Signs of a Potential Consolidation Heading into the end of September
Thu 09/09 When the S&P500 Rallies Five Consecutive Weeks
Wed 09/08 Short-term Bullish Implications of a high SPX Put/Call Ratio
Tue 09/07 Absence of Selling Pressure sends the 'Down Volume' Average to Historic Lows
08/29 - 09/06 Compilation of Abbreviated Columns during our Labor Day Break
Thu 08/26 The 'Weekly Bottoming Pattern'
Wed 08/25 Utilizing 'Large Trader' Positions in Stock Index Futures
Tue 08/24 Cluster of 80% Up Volume Days has Short-term Bullish Implication
Mon 08/23 Options Traders Remain Cautious Based on Monday's QQQ Put/Call Ratio
Sun 08/22 Bullish McClellan Squares Off Against a Bearish Public
Thu 08/19 Seasonal Patterns Surrounding August Expiration + A New Look at SMH Options
Wed 08/18 The Second 3:1 Positive Breadth Day in Three Sessions + An Overbought XAU
Tue 08/17 Today's Upside Follow-Through Suggests a Positive Finish for the Week
Mon 08/16 Historical Tendencies following 3:1 Positive Breadth & 90% Up Volume Sessions
Sun 08/15 AAII Survey & Odd-Lot Data Reflects a Bearish Outlook Among Small Investors
Thu 08/12 Long-term Market Timing with the 90-day T-Bill Indicator
Wed 08/11 Stepping Back to Look at the Big Picture
Tue 08/10 More Clues from MNX Traders
Mon 08/09 Deriving Institutional Sentiment via a Calendar Spread in MNX Options
Sun 08/08 Short-term Setups Suggest Limited Downside Potential on Monday
Thu 08/05 UBS Continues to Dominate the Field of Program Trading
Wed 08/04 Plunge in Nasdaq Open Interest has Negative Intermediate-term Implications
Tue 08/03 Insight from the 'Equal Weight S&P500'
Mon 08/02 Five Consecutive Higher Closes in the front-month S&P500 Futures Contract
Sun 08/01 Seasonal Tendencies During the First Days of August
Thu 07/29 Lack of Put Volume in Index Options a Short-term Negative Indication
Wed 07/28 Market Rebounds after a Morning Selloff, but Short-term Red Flags are Raised
Tue 07/27 General Electric Options see a Bullish Spike in Member Firm Activity
Mon 07/26 Lopsided NYSE Breadth for a Second Consecutive Session
Sun 07/25 Persistent Selling Pressure Not Seen since '02 Scaring Small Investors
Thu 07/22 Poor Breadth Indicates a Weak Rally in the Nasdaq
Wed 07/21 A Longer-term Look at Member Firms Trading Activity in QQQ Options
Tue 07/20 Institutions' Focus on the QQQ August 35 & 36 Calls has Bearish Implications
Mon 07/19 The Importance of Mondays following Options Expiration
Sun 07/18 When A Bearish Engulfing Candlestick Appears at Multi-Month Lows
Thu 07/15 A Long-term Look at Persistently Low VIX Readings
Wed 07/14 QQQ Put/Call Ratio based solely on Member Firms trading closes above 50
Tue 07/13 Short-term Setups focusing on the NDX 1416 Level for Wednesday
Mon 07/12 Record Put Volume in NDX options following Seven Days of Lower Highs
Sun 07/11 When the OEX Closes Under Its Lower Bollinger Band Three Consecutive Days
Thu 07/08 3:1 Negative Breadth Days on the Nasdaq + A Review of the Longer-term Outlook
Wed 07/07 NYSE TRIN5 Reaching Extreme Levels + Details on a Short Strangle in the QQQ
Tue 07/06 90% Down Volume Days on the Nasdaq Exchange
Mon 07/05 Danger Signs from the NYSE TRIN
Thu 07/01 The Domination of Program Traders
Wed 06/30 Bearish Spike in SPY Volume. Plus Seasonal Tendencies of Intel & AMD in July.
Tue 06/29 First Trading Day of July Generally Positive for the Stock Market
Mon 06/28 Heavy Call Volume sends the QQQ Put/Call Ratio 10-day Average Sharply Lower
Sun 06/27 Bullish Engulfing Candlestick in the QQQ at a Multi-Month High
Thu 06/24 QQV/VXN Divergence Setup + Checking in on the Latest QQQ Calendar Spread
Wed 06/23 Reviewing the Last Hour Indicator & the High SPX Put/Call Ratios
Tue 06/22 More QQQ Calendar Spreads + Longer-term Bullish Signs from the NYSE TRIN
Mon 06/21 Persistently Light Volume Not Necessarily a Negative Sign
Sun 06/20 Large Traders in the Dow long 1,000+ Contracts
Thu 06/17 General Electric Up Five Consecutive Days
Wed 06/16 Record call volume in MNX options
Tue 06/15 An Analysis of 3:1 Positive Breadth Days
Mon 06/14 Large Calendar Spread Initiated in the QQQ
Sun 06/13 Indications Favor Range-Bound Trading
Wed 06/09 A Long-term Look at S&P Futures Open Interest
Tue 06/08 OEX Holding in Overbought Territory
Mon 06/07 Bullish Price Pattern on the Weekly S&P500 Chart
Sun 06/06 Simple vs. Exponential Moving Averages
Thu 06/03 Persistently Strong Breadth
Wed 06/02 Nasdaq100 (NDX) Rallies Eight Consecutive Days
Tue 06/01 When Downside Gaps in ORCL are Quickly Filled
Sun 05/30 Short-term Negatives, Intermediate-term Positives
Thu 05/27 Clues from the Nasdaq TRIN5 & the upcoming Memorial Day Holiday
Wed 05/26 XAU Triggers a Short-term Sell Signal
Tue 05/25 Big Rally sends the NYSE McClellan to its Highest Close on Record
Mon 05/24 Strong Breadth, but light Put Volume & Small Gains are Short-term Negatives
Sun 05/23 Surge in Program Trading Activity as Fear Hits Extreme Levels
Thu 05/20 Unusual Options Activity pre-Expiration
Wed 05/19 Outside Bar forming on the Weekly Nasdaq chart
Tue 05/18 Long-term Charts of the Summation Index, Cumulative TICK & Market Vane
Mon 05/17 E-Mini S&P500 Commercials Switch to a Net Long Position
Sun 05/16 Signs of a Fearful Investor
Thu 05/13 First Three Days of May Options Expiration Week
Wed 05/12 Dow Industrials/Utilities Divergence
Tue 05/11 Heavy Put Volume in QQQ options
Mon 05/10 Signs of a Washout
Sun 05/09 Surge in New 52-Week Lows Signals an Intermediate-term Bottom
Thu 05/06 4:1 Negative Breadth Days vs. A Persistent Decline in S&P Futures Open Interest
Wed 05/05 Decline in Total Short Interest has Longer-term Bullish Connotations
Tue 05/04 Gold Bugs Index Rallies 5%
Mon 05/03 Pre-FOMC Announcement
Sun 05/02 First Days of May and a Severely Oversold Nasdaq
Thu 04/29 SPY Volume Up Four Days + Negative NYSE Breadth Two Consecutive Days
Wed 04/28 Nasdaq Breadth 3:1 Negative
Tue 04/27 Short-term DIA sell following Five Consecutive Up Days
Mon 04/26 Outside Bar on S&P futures daily chart
Sun 04/25 Absence of Put Volume & Poor Breadth are Short-term Negatives
Thu 04/22 Member Firms' Program Trading Activity Surges Higher
Wed 04/21 Cluster of 3:1 Negative Breadth Days is Longer-term Bullish
Tue 04/20 NYSE TRIN triggers a Long-term Buy Signal
Mon 04/19 Rising Interest Rates and Stock Market Performance
Sun 04/18 Improving Nasdaq Breadth is Short-term Positive
Thu 04/15 Pharmaceuticals Give a Boost to the Blue Chip Averages
Wed 04/14 Another Day of Lopsided Breadth sends the McClellan below -200
Tue 04/13 Stock & Gold Indices approaching Extreme Oversold Conditions
Mon 04/12 Light QQQ Volume & Lopsided DJX Put/Call Ratio two short-term negatives
Sun 04/11 Good Friday/Easter Seasonal Cycles
Wed 04/07 Surge in SPX Put Volume
Tue 04/06 Short-term Negatives, Intermediate-term Positives
Mon 04/05 Nasdaq McClellan Hits Extreme Overbought Territory
Sun 04/04 Short-term Overbought Readings following the Jobs Report Spike
Thu 04/01 S&P Rallies First Day of April + Short-term Overbought XAU
Wed 03/31 Heavy Put Volume in the QQQ & MNX
Tue 03/30 '80/60' Up Volume Setup
Mon 03/29 Commercials in Dow Futures Sell Heavily, But...
Sun 03/28 S&P IMF Makes a Bearish U-turn, but Short Side Awfully Crowded
Thu 03/25 90% Up Volume Day on the Nasdaq
Wed 03/24 Five Consecutive Down Days for the S&P500
Tue 03/23 Short-term Buy Setups for the Nasdaq
Mon 03/22 Short & Long-term Bullish Implications from today's 90% Down Volume Day
Sun 03/21 Institutional Investors Buying as Fear Hits Extreme Levels
Thu 03/18 March Seasonal Patterns
Wed 03/17 Another Day of Lopsided Breadth
Tue 03/16 Outside Bar on the Monthly S&P500 Chart
Mon 03/15 90% Down Volume Day on the Nasdaq Exchange
Sun 03/14 A Technically Weak Bounce
Thu 03/11 Consistently Strong Selling Pressure not seen since 1987
Wed 03/10 Extreme Oversold Conditions for the Nasdaq
Tue 03/09 NDX Settles Below Its Lower Bollinger Band for the Second Consecutive Day
Mon 03/08 Bearish Engulfing Candlestick a sign of Climactic Selling
Sun 03/07 Unimpressive Gains on Strong Breadth + A Spike in SPY Volume
Thu 03/04 Gaming the Jobs Report
Wed 03/03 Looking for strength in the Nasdaq on Thursday
Tue 03/02 The 50% Retracement
Mon 03/01 Bullish Market Internals