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To: Return to Sender who wrote (78937)2/8/2018 10:39:41 PM
From: Sam2 Recommendations

Recommended By
Gottfried
Return to Sender

  Respond to of 95480
 
Fear down to single digits. Sentiment has turned in a hurry!


Last updated Feb 8 at 4:47pm








To: Return to Sender who wrote (78937)2/9/2018 2:37:47 PM
From: Sam3 Recommendations

Recommended By
Donald Wennerstrom
Return to Sender
The Ox

  Read Replies (2) | Respond to of 95480
 

Chart In Focus
Big Change In Bull-Bear Spread
February 09, 2018

The latest data from Investors Intelligence showed a huge change this week. Bulls dropped from 66% to 54.4%, and bears rose from 12.6% to 15.5%. That means the spread between bulls and bears dropped by 14.5 percentage points, which is the biggest one-week drop since July 2011. Drops of more than 6 percentage points usually mark washout bottoms for prices.

That July 2011 drop in the bull-bear came as prices crashed down 19%, following the sudden cutoff of QE2. And there was a similar 14.5 percentage point drop in May 2010, the week of the Flash Crash which occurred after the sudden end of QE1. The Fed learned from its mistakes, and it wound down QE3 much more slowly.

But all of that extra money was left within the banking system, and investors got used to the plentiful liquidity and low volatility that the excess liquidity brought. So now, when the Fed is starting to drain the bathtub, the smallest little drop in the Fed’s balance sheet has brought an outsized drop in stock prices, and a corresponding sudden drop in analyst bullishness.



The $10 billion per month in reduction of Federal Reserve holdings of T-Bonds and mortgage backed securities (MBS) which was in effect in Q4 of 2017 has now accelerated to a target of $20 billion a month for Q1 of 2018. But they did the month’s allotted drop all in one week at the end of January, setting up the illiquidity situation that the stock market is going through now.

The Investors Intelligence sentiment data is very sensitive to price movements. So it is natural that a big drop like what we have seen would bring a big drop in the bull-bear spread.



The change from the prior week takes the bull-bear spread down from above the upper 50-1 Bollinger Band to below the lower one. It is still not a “low” spread reading, meaning that the value is not as low as what we have seen at important price lows over the past 2 years. But it is a drop well below the lower band, which is where price lows are found. And the big one-week change suggests that the down move we have seen in stock prices is exhaustive, meriting a rebound.

Tom McClellan
Editor, The McClellan Market Report
www.mcoscillator.com



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To: Return to Sender who wrote (78937)2/11/2018 12:35:19 PM
From: Return to Sender  Respond to of 95480
 
68% Upside Volume on the NYSE - 65% Upside Volume on the NASDAQ:

Way more than 10 to 1 New Lows to New Highs on both the NYSE and NASDAQ! Actually 39 to 1 on the NYSE - RtS

wsj.com

Friday, February 09, 2018
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 3,097 3,092 3,094
Advances 1,784 342 322
Declines 1,228 2,683 2,728
Unchanged 85 67 44
New highs 9 16 46
New lows 356 207 338
Adv. volume* 921,373,068 101,023,415 68,492,331
Decl. volume* 372,992,142 1,119,566,561 939,786,649
Total volume* 1,310,948,826 1,226,711,308 1,020,682,660
Closing tick +297 +102 -30
Closing Arms (TRIN)† 0.67 1.08 1.44
Block trades* 7,884 8,214 7,983
Adv. volume 3,820,899,993 552,562,201 319,532,510
Decl. volume 1,765,514,700 4,678,315,324 3,901,084,060
Total volume 5,645,753,337 5,256,393,268 4,270,471,620
Nasdaq Latest close Previous close Week ago
Issues traded 3,117 3,086 3,094
Advances 1,732 452 483
Declines 1,276 2,524 2,494
Unchanged 109 110 117
New highs 20 32 65
New lows 264 150 161
Closing tick +346 -159 -437
Closing Arms (TRIN)† 0.72 1.14 0.69
Block trades 9,340 7,798 10,359
Adv. volume 2,024,715,682 359,824,067 545,086,513
Decl. volume 1,076,797,221 2,294,785,063 1,948,336,474
Total volume 3,131,292,188 2,670,611,154 2,548,790,559
NYSE American Latest close Previous close Week ago
Issues traded 334 328 337
Advances 128 81 47
Declines 187 235 279
Unchanged 19 12 11
New highs ... ... 1
New lows 29 11 37
Adv. volume* 4,364,307 2,941,695 3,209,439
Decl. volume* 9,272,492 7,341,568 16,241,684
Total volume* 14,029,020 10,335,503 19,630,681
Closing tick -32 +1 -33
Closing Arms (TRIN)† 1.11 0.78 0.86
Block trades* 120 87 187
Adv. volume 48,692,302 30,856,312 30,378,074
Decl. volume 78,995,549 69,623,686 154,662,538
Total volume 132,515,371 100,964,328 186,781,180
NYSE Arca Latest close Previous close Week ago
Issues traded 1,400 1,395 1,389
Advances 761 201 170
Declines 616 1,183 1,214
Unchanged 23 11 5
New highs 6 9 16
New lows 173 118 100
Adv. volume* 451,938,554 112,037,500 96,425,996
Decl. volume* 208,002,514 466,234,709 377,311,315
Total volume* 697,448,210 578,829,885 473,775,341
Closing tick -34 -270 -150
Closing Arms (TRIN)† 0.62 0.65 0.53
Block trades* 2,412 2,007 2,213
Adv. volume 1,852,032,447 482,569,432 402,888,056
Decl. volume 936,153,939 1,840,860,055 1,514,342,701
Total volume 2,893,920,010 2,326,748,342 1,917,468,189

*Primary market NYSE, NYSE American 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.













RtS



To: Return to Sender who wrote (78937)2/13/2018 12:02:56 AM
From: Return to Sender1 Recommendation

Recommended By
Gottfried

  Read Replies (1) | Respond to of 95480
 
79% Upside Volume on the NYSE - 75% Upside Volume on the NASDAQ:

wsj.com

Monday, February 12, 2018
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 3,090 3,097 3,107
Advances 2,195 1,784 324
Declines 813 1,228 2,739
Unchanged 82 85 44
New highs 11 9 16
New lows 80 356 452
Adv. volume* 825,142,936 921,373,068 41,631,602
Decl. volume* 181,425,634 372,992,142 1,274,159,087
Total volume* 1,025,871,291 1,310,948,826 1,320,327,269
Closing tick +352 +297 0
Closing Arms (TRIN)† 0.63 0.67 3.57
Block trades* 6,350 7,884 8,111
Adv. volume 3,190,823,410 3,820,899,993 166,371,281
Decl. volume 742,705,888 1,765,514,700 5,019,660,499
Total volume 4,019,907,469 5,645,753,337 5,205,213,759
Nasdaq Latest close Previous close Week ago
Issues traded 3,084 3,117 3,105
Advances 1,924 1,732 383
Declines 1,016 1,276 2,647
Unchanged 144 109 75
New highs 33 20 22
New lows 51 264 205
Closing tick +196 +346 -373
Closing Arms (TRIN)† 0.60 0.72 0.83
Block trades 7,024 9,340 11,292
Adv. volume 1,661,874,239 2,024,715,682 449,820,038
Decl. volume 522,576,316 1,076,797,221 2,588,498,828
Total volume 2,215,669,347 3,131,292,188 3,054,370,501
NYSE American Latest close Previous close Week ago
Issues traded 334 334 340
Advances 214 128 71
Declines 105 187 254
Unchanged 15 19 15
New highs 0 0 0
New lows 13 29 44
Adv. volume* 13,483,366 4,364,307 9,335,535
Decl. volume* 3,276,949 9,272,492 10,389,673
Total volume* 16,848,679 14,029,020 20,147,487
Closing tick -4 -32 -32
Closing Arms (TRIN)† 0.95 1.11 0.28
Block trades* 122 120 205
Adv. volume 81,175,156 48,692,302 87,788,926
Decl. volume 37,770,596 78,995,549 88,971,092
Total volume 119,766,572 132,515,371 179,575,038
NYSE Arca Latest close Previous close Week ago
Issues traded 1,388 1,400 1,413
Advances 1,144 761 277
Declines 227 616 1,133
Unchanged 17 23 3
New highs 4 6 11
New lows 36 173 127
Adv. volume* 357,853,939 451,938,554 195,752,730
Decl. volume* 68,614,718 208,002,514 525,716,130
Total volume* 427,907,656 697,448,210 721,648,775
Closing tick -7 -34 -159
Closing Arms (TRIN)† 1.04 0.62 0.65
Block trades* 1,586 2,412 2,533
Adv. volume 1,379,459,176 1,852,032,447 780,451,274
Decl. volume 285,031,581 936,153,939 2,077,012,794
Total volume 1,677,544,550 2,893,920,010 2,858,708,532

*Primary market NYSE, NYSE American 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.














RtS


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