62% Downside Volume on the NYSE - 50% Downside Volume on the NASDAQ - The market is in great shape but is hitting some resistance at trend lines as is circled on the S&P 500 weekly chart below. As earnings season winds down it would not be unusual, or even unhealthy, to see a bit of a pullback.
wsj.com
Wednesday, February 06, 2019 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 | 3,053 | 3,042 | 3,062 | | Advances | 1,183 | 1,849 | 2,389 | | Declines | 1,774 | 1,079 | 620 | | Unchanged | 96 | 114 | 53 | | New highs | 61 | 94 | 70 | | New lows | 9 | 4 | 14 | | Adv. volume* | 270,828,489 | 512,516,982 | 673,700,840 | | Decl. volume* | 506,865,779 | 311,280,262 | 162,812,887 | | Total volume* | 791,501,486 | 839,037,035 | 839,863,015 | | Closing tick | -127 | +295 | -80 | | Closing Arms (TRIN)† | 1.15 | 1.13 | 1.00 | | Block trades* | 7,004 | 6,623 | 7,386 | | Adv. volume | 1,235,964,333 | 2,062,944,999 | 3,018,607,771 | | Decl. volume | 2,126,711,925 | 1,364,591,035 | 786,831,622 | | Total volume | 3,418,226,661 | 3,491,963,790 | 3,821,508,229 | | Nasdaq | Latest close | Previous close | Week ago | | Issues traded | 3,142 | 3,185 | 3,186 | | Advances | 1,444 | 1,739 | 2,146 | | Declines | 1,578 | 1,332 | 931 | | Unchanged | 120 | 114 | 109 | | New highs | 50 | 75 | 31 | | New lows | 18 | 18 | 28 | | Closing tick | +114 | -375 | +83 | | Closing Arms (TRIN)† | 0.98 | 0.94 | 0.71 | | Block trades | 8,849 | 9,667 | 11,690 | | Adv. volume | 990,832,466 | 1,277,139,168 | 1,901,567,585 | | Decl. volume | 1,058,745,596 | 919,345,419 | 585,241,804 | | Total volume | 2,120,018,125 | 2,228,242,564 | 2,500,073,547 | | NYSE American | Latest close | Previous close | Week ago | | Issues traded | 299 | 300 | 298 | | Advances | 140 | 138 | 194 | | Declines | 146 | 147 | 90 | | Unchanged | 13 | 15 | 14 | | New highs | 3 | 5 | 6 | | New lows | 2 | 3 | 2 | | Adv. volume* | 2,370,322 | 3,308,664 | 7,738,888 | | Decl. volume* | 5,894,488 | 5,112,102 | 2,342,305 | | Total volume* | 8,353,467 | 8,800,737 | 10,781,771 | | Closing tick | +26 | -54 | +43 | | Closing Arms (TRIN)† | 2.13 | 1.21 | 0.76 | | Block trades* | 104 | 104 | 116 | | Adv. volume | 24,236,302 | 36,913,304 | 70,692,463 | | Decl. volume | 53,749,034 | 47,401,347 | 24,951,586 | | Total volume | 78,617,207 | 88,299,496 | 101,060,101 | | NYSE Arca | Latest close | Previous close | Week ago | | Issues traded | 1,573 | 1,571 | 1,572 | | Advances | 434 | 1,257 | 1,381 | | Declines | 1,110 | 291 | 182 | | Unchanged | 29 | 23 | 9 | | New highs | 6 | 47 | 48 | | New lows | 8 | 12 | 17 | | Adv. volume* | 43,751,248 | 182,306,028 | 261,890,787 | | Decl. volume* | 185,233,951 | 48,859,466 | 29,181,353 | | Total volume* | 230,319,356 | 232,327,775 | 291,139,457 | | Closing tick | -135 | +162 | +232 | | Closing Arms (TRIN)† | 1.45 | 1.14 | 0.85 | | Block trades* | 1,495 | 1,684 | 1,821 | | Adv. volume | 214,206,588 | 862,054,947 | 1,257,642,702 | | Decl. volume | 792,209,572 | 227,522,929 | 140,084,969 | | Total volume | 1,015,203,975 | 1,098,036,606 | 1,398,523,770 | *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.
 |