Tuesday, February 23, 2010

Market Summary Based on Market Close of 23-Feb-2010

Market Summary Based on Market Close of 23-Feb-2010
Short Term Bulls vs. Bears Score System
Comments: Bears fighted back to 18 points today. Bulls need to keep bears score under 25, otherwise bears would take over for the short term. We opened 2 short term long positions in F and TEVA (by selling puts) today, in addition to our top 10 ETF adjustments.
Intermediate Term Market Mode
INDEXCurrentModeSignalDateandPriceModeChangePrice
DOWBUY17-Feb-2010at10309Whendailycloseprice<9922modewillbeSELL
S&P500BUY18-Feb-2010at1107Whendailycloseprice<1065modewillbeSELL
NASADQBUY19-Feb-2010at2243Whendailycloseprice<2148modewillbeSELL
Note: The "Mode Change Price" may change each day.This is as of 23-Feb-2010
Long Term ZigZag View of SPY
Comments: As long as SPY is above 105.89, we are Ok in long term
Summary of S&P 500 Stocks Daily Price Change Behavior Model on 02/23/2010
Type of Daily Move# of StocksPercent of all stocksAvg MoveSymbols of the Moves
UP over 2 STD20.403.94Click HERE to show list of stocks
UP between 1 to 2 STD20.401.20Click HERE to show list of stocks
UP between 0 to 1 STD448.800.35
DOWN between 0 to 1 STD31462.80-0.61
DOWN between 1 to 2 STD12925.80-1.30Click HERE to show list of stocks
DOWN over 2 STD91.80-2.59Click HERE to show list of stocks
Total # of UP Moves489.600.53
Total # of DOWN Moves45290.40-0.84
Total500100-0.71
Note: 452 out of 500 stocks moved down today. 9 stocks moved down over 2 STD.
How to read this table
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