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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (71388)

2/2/2016 1:19:57 AM

From: Gottfried

2 Recommendations

Recommended By
dvdw©
Return to Sender

Read Replies (1) | Respond to of 95358

RtS, thanks for link and data! From the link for Friday, Jan 29.2016 [fortunately this part of WSJ is public]

NYSE	Latest close	Previous close	Week ago
Issues traded	3,221	3,213	3,217
Advances	2,829	2,104	2,841
Declines	355	1,047	351
Unchanged	37	62	25
New highs	68	31	13
New lows	41	110	27
Adv. volume*	1,490,914,742	614,375,165	1,027,200,671
Decl. volume*	128,697,942	468,872,814	164,147,939
Total volume*	1,623,601,639	1,096,933,069	1,194,529,162
Closing tick	+494	+334	+281
Closing Arms (TRIN)†	0.68	1.70	1.53
Block trades*	6,871	5,540	6,730
Adv. volume	4,891,054,219	2,501,188,187	4,086,370,917
Decl. volume	419,881,582	2,120,738,534	773,508,534
Total volume	5,324,259,644	4,671,940,296	4,872,354,394

and from stockcharts.com the ratio chart is below and from the table 4891054219:419881582=11.65 close enough to the 11.58 label on the chart below?
Will pursue this more.

RtS, is this NYSE volume ratio the right number to look at for 9/1 days? Has this been posted by you all along and I missed it?

To: Return to Sender who wrote (71388)

2/2/2016 9:38:07 AM

From: Return to Sender

4 Recommendations

Recommended By
bull_dozer
Donald Wennerstrom
Gottfried
Woody_Nickels

Read Replies (1) | Respond to of 95358

Lets take a look at a couple actual long term major bottoms. Major bottoms form after investors become totally apathetic about the stock market. The number of shares trading will be on the low side of the previous downtrend but higher than the previous day. The 9-1 upside day will be seen for both the NYSE and the Nasdaq in volume but perhaps not in overall issues traded.

Again, because this is so important, the 9-1 upside day volume for the market will be higher than the previous downside day. This will lead to a higher volume upside week and eventually a higher upside volume month too than the period just prior to the downtrend ending.

Here is the data from Tuesday March 10, 2009 when the market last hit a long term major market bottom from the WSJ:

online.wsj.com

Tuesday, March 10, 2009

NYSE	Latest close	% Chg from 65-day avg	Previous close	Week ago
Issues traded	3,199	0.1	3,190	3,208
Advances	2,933	97.8	892	1,015
Declines	230	-86.0	2,231	2,122
Unchanged	36	-51.8	67	71
New highs	3	-31.3	2	3
New lows	93	-34.6	600	705
Adv. volume*	2,093,294,700	217.4	698,053,010	864,955,310
Decl. volume*	78,000,450	-89.9	832,189,270	1,004,632,622
Total volume*	2,172,945,650	49.9	1,555,034,057	1,885,583,332
Closing tick	+1602	...	-622	-557
Closing Arms (TRIN)†	0.48	...	0.48	0.56
Block trades*	n.a.	...	6,204	8,508
Nasdaq	Latest close	% Chg from 65-day avg	Previous close	Week ago
Issues traded	2,944	0.2	2,942	2,920
Advances	2,354	81.5	800	1,003
Declines	459	-69.4	1,966	1,753
Unchanged	131	-6.7	176	164
New highs	6	13.7	...	2
New lows	150	9.9	451	529
Adv. volume*	2,279,455,823	132.7	528,004,796	995,388,393
Decl. volume*	117,842,503	-88.6	1,496,948,738	1,342,423,206
Total volume*	2,405,178,177	18.2	2,041,351,268	2,375,328,183
Closing tick	+1095	...	-771	-744
Closing Arms (TRIN)†	0.27	...	1.15	0.77
Block trades*	n.a.	...	7,501	7,557
Alternext	Latest close	% Chg from 65-day avg	Previous close	Week ago
Issues traded	637	-0.8	617	629
Advances	380	33.8	186	190
Declines	193	-34.7	360	369
Unchanged	64	2.8	71	70
New highs	3	36.4	2	2
New lows	26	26.6	54	50
Adv. volume*	7,605,376	16.6	2,420,067	5,493,910
Decl. volume*	5,614,100	-3.6	5,190,520	5,637,534
Total volume*	14,798,486	7.4	8,650,987	12,694,844
Closing tick	+158	...	+27	-93
Closing Arms (TRIN)†	1.45	...	1.11	0.53
Block trades*	n.a.	...	n.a.	n.a.

*Primary market NYSE & Amex only. † Compares the ratio of advancing to declining issues with the ratio of volume of shares rising and falling. Arms Index or TRIN = (advancing issues / declining issues) / (volume of advancing issues / volume of declining issues.) Generally, an Arms of less than 1.00 indicates buying demand; above 1.00 indicates selling pressure.