Market Breadth Numbers from the WSJ - Don, keeping an eye on those book value ratios will become very interesting going forward. One of the things that makes the semiconductor and semi equipment stocks so attractive is that most of these companies sell real products, making real profits, that are often not fully appreciated by future investors. Even though I expect to see a lot more stocks selling below book value before this cycle bottoms I don't doubt that we are seeing some relative long term values already.
online.wsj.com
Tuesday, February 09, 2016 Notice to readers: As of 3/3/11, Closing ARMS Index (TRIN) calculation is based on composite data. Click here for historical data prior to 3/3/11. | NYSE | Latest close | Previous close | Week ago | | Issues traded | 3,207 | 3,208 | 3,211 | | Advances | 965 | 646 | 642 | | Declines | 2,191 | 2,524 | 2,508 | | Unchanged | 51 | 38 | 61 | | New highs | 69 | 53 | 69 | | New lows | 483 | 445 | 125 | | Adv. volume* | 409,469,911 | 261,814,145 | 101,651,311 | | Decl. volume* | 750,110,053 | 1,083,803,368 | 961,420,275 | | Total volume* | 1,165,981,546 | 1,353,945,141 | 1,068,087,654 | | Closing tick | -13 | -245 | -417 | | Closing Arms (TRIN)† | 0.85 | 1.12 | 2.29 | | Block trades* | 6,055 | 6,513 | 5,570 | | Adv. volume | 1,706,784,665 | 1,029,495,295 | 441,475,375 | | Decl. volume | 3,285,048,574 | 4,510,432,911 | 3,955,122,212 | | Total volume | 5,013,217,882 | 5,583,728,872 | 4,418,511,178 | | Nasdaq | Latest close | Previous close | Week ago | | Issues traded | 2,930 | 2,943 | 2,944 | | Advances | 986 | 820 | 597 | | Declines | 1,852 | 2,051 | 2,264 | | Unchanged | 92 | 72 | 83 | | New highs | 8 | 9 | 22 | | New lows | 450 | 536 | 154 | | Closing tick | +57 | -200 | -191 | | Closing Arms (TRIN)† | 1.08 | 1.45 | 1.82 | | Block trades | 8,403 | 8,680 | 7,755 | | Adv. volume | 783,694,968 | 574,756,528 | 270,648,680 | | Decl. volume | 1,589,818,517 | 2,089,268,992 | 1,863,733,714 | | Total volume | 2,410,569,586 | 2,674,658,436 | 2,150,935,692 | | NYSE MKT | Latest close | Previous close | Week ago | | Issues traded | 365 | 372 | 373 | | Advances | 123 | 135 | 125 | | Declines | 229 | 228 | 238 | | Unchanged | 13 | 9 | 10 | | New highs | 9 | 11 | 10 | | New lows | 24 | 23 | 10 | | Adv. volume* | 2,832,846 | 4,822,394 | 1,422,171 | | Decl. volume* | 7,282,709 | 5,664,837 | 4,916,529 | | Total volume* | 10,162,303 | 10,936,861 | 6,416,002 | | Closing tick | -14 | -5 | -22 | | Closing Arms (TRIN)† | 0.96 | 0.54 | 1.67 | | Block trades* | 75 | 99 | 57 | | Adv. volume | 29,578,957 | 45,954,775 | 12,474,993 | | Decl. volume | 52,835,038 | 42,171,484 | 39,580,686 | | Total volume | 82,683,838 | 97,377,521 | 52,230,908 | | NYSE Arca | Latest close | Previous close | Week ago | | Issues traded | 1,423 | 1,451 | 1,410 | | Advances | 441 | 355 | 331 | | Declines | 957 | 1,088 | 1,067 | | Unchanged | 25 | 8 | 12 | | New highs | 44 | 36 | 9 | | New lows | 177 | 177 | 20 | | Adv. volume* | 99,369,971 | 122,093,573 | 51,534,357 | | Decl. volume* | 318,805,868 | 379,452,473 | 349,622,331 | | Total volume* | 507,298,379 | 501,945,583 | 402,660,575 | | Closing tick | +43 | +54 | -90 | | Closing Arms (TRIN)† | 1.31 | 0.99 | 1.81 | | Block trades* | 2,622 | 2,322 | 1,873 | | Adv. volume | 598,859,161 | 535,661,394 | 259,886,774 | | Decl. volume | 1,703,828,211 | 1,623,352,992 | 1,519,308,275 | | Total volume | 2,310,047,078 | 2,160,946,758 | 1,801,325,103 | *Primary market NYSE, NYSE MKT or NYSE Arca 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) / (composite volume of advancing issues / composite volume of declining issues.) Generally, an Arms of less than 1.00 indicates buying demand; above 1.00 indicates selling pressure. |