Short Term Bulls vs. Bears Scoring System | ||||
Short-term buy signal: Bulls>Bears and Bulls>=25; Sell signal: Bears>Bulls and Bears>=25 | ||||
Comments: The market seems tired, but I am still a bull. Low volume pullback is healthy. I would only worry if there is any high volume sell off in the next few days. I am almost done with "Sector Spatial Sorting", I will start posting on it in the next few days. Thank you, TSF, for your very encouraging comment and great suggestions on Sector Analysis yesterday. TSF says in comments"...You are an excellent market watcher and you have an excellent blog. May I suggest that you build on your own strengths and the strengths of your blog, which can be summarized as LESS IS MORE...K.I.S.S. Keep it smart and simple". Thank you! | ||||
Summary of S&P 500 Stocks Daily Price Change Behavior Model 4/26/2010 | ||||
Type of Daily Move | # of Stocks | Percent of all stocks | Avg Move | Symbols of the Moves |
UP over 2 STD | 5 | 1 | 2.95 | Click here to show stocks |
UP between 1 to 2 STD | 30 | 6 | 1.38 | Click here to show stocks |
UP between 0 to 1 STD | 158 | 31.6 | 0.41 | |
DOWN between 0 to 1 STD | 213 | 42.6 | -0.5 | |
DOWN between 1 to 2 STD | 71 | 14.2 | -1.39 | Click here to show stocks |
DOWN over 2 STD | 23 | 4.6 | -2.53 | Click here to show stocks |
Total # of UP Moves | 193 | 38.6 | 0.62 | |
Total # of DOWN Moves | 307 | 61.4 | -0.86 | |
Total | 500 | 100 | -0.29 | |
Note: The bears have upper hand today in market internal. | ||||
How to read this table | ||||
Intermediate Term Market Mode | ||||
INDEX | Current Mode | Signal Date and Price | Mode Change Price | |
DOW | BUY | 17-Feb-2010 at 10309 | When Daily Close Price < 10947 Mode will be SELL | |
S&P500 | BUY | 18-Feb-2010 at 1107 | When Daily Close Price < 1188 Mode will be SELL | |
NASADQ | BUY | 19-Feb-2010 at 2243 | When Daily Close Price < 2444 Mode will be SELL | |
Comments: | ||||
Long Term ZigZag View of SPY | ||||
Comments: I hope the SPY will follow my arrows shown; the black arrow will enter the upper diamond. We shall wait and see. |
Monday, April 26, 2010
Bulls vs. Bears and Market Summary on 26-APR-2010
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