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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016 -- Ignore unavailable to you. Want to Upgrade?


To: rimshot who wrote (635)8/23/2021 11:02:37 PM
From: rimshot  Read Replies (1) | Respond to of 1118
 
Bloomberg email Monday August 23 11:38 a.m. mountain time -

“When the ducks are quacking, feed ‘em.”

This variation on a Wall Street proverb headlined a note Thursday from GMO LLC,
a Boston-based money manager, that cited stock-sale data compiled by the Federal Reserve.
U.S. companies outside of finance sold a net $226.2 billion of shares for the
12 months ended in March, the most recent period available.

The total was 56% higher than a record set in April 2000, just after a bull market peaked.

The surge is “a new worry” on top of historically high stock valuations,
GMO’s asset-allocation team wrote in the note.

----------

Sincerely,
David Wilson
Stocks Editor, Bloomberg Radio & Television
Editor, Chart & Stock of the Day
Author, Visual Guide to Financial Markets



To: rimshot who wrote (635)8/25/2021 10:03:03 AM
From: rimshot  Respond to of 1118
 
SPY daily 21,2 %B vigilance going forward has much merit for traders / investors

stockcharts.com

no-brainer, no-sprainer, no-drainer

*** remember, the look-back mode on this chart is merely providing the daily close prints
for the %B, not the full intraday highs or lows
for the %B which are now invisible after the fact

the 15,2 %B reveals the consistent selling / distribution during the intraday price highs each day in recent weeks

SPY SCTR value above 90 is usually an advancing deal-killer only in the very near-term based on long-term history

The Stockscharts Technical Rank (SCTR) assigns a value of zero to 99.99,
which shows how a stock ranks in terms of technical strength.
The ranking utilizes past price performance, based on six technical criteria.
A ranking of zero indicates the stock is the weakest in the group, technically speaking.



To: rimshot who wrote (635)8/27/2021 10:11:57 AM
From: rimshot  Read Replies (2) | Respond to of 1118
 
SPY daily for 3 months with some of Scott's indicator settings -

* bulls still have indicators needing to print daily closes which actually negate their
current cautionary condition setup

consistent lower highs over the days / weeks by the indicators are a strong negative
divergence until actually negated by the chart location for the daily closes for each indicator

stockcharts.com

chart #2 - SPY daily 21,2 %B vigilance going forward has much merit for traders / investors

stockcharts.com

*** remember, the look-back mode on this chart is merely providing the daily close prints
for the %B, not the full intraday highs or lows
for the %B which are now invisible after the fact

the 15,2 %B reveals the consistent selling / distribution

during the intraday price highs each day in recent weeks

SPY SCTR value above 90 is usually an advancing deal-killer only in the very near-term based on long-term history

The Stockscharts Technical Rank (SCTR) assigns a value of zero to 99.99,
which shows how a stock ranks in terms of technical strength.
The ranking utilizes past price performance, based on six technical criteria.
A ranking of zero indicates the stock is the weakest in the group, technically speaking.