Monday, April 5, 2010

Bulls vs. Bears and Market Summary on 5-APR-2010

Bulls vs Bears and Market Summary on 04/05/2010
Short Term Bulls vs. Bears Scoring System
Comments: The bulls take the lead back today. Only low volume is a concern. I added a few long positions today, GS, L, MDT, ADBE, etc.  
Summary of S&P 500 Stocks Daily Price Change Behavior Model
Type of Daily Move# of StocksPercent of all stocksAvg MoveSymbols of the Moves
UP over 2 STD6813.602.86Click HERE to show list of stocks
UP between 1 to 2 STD14328.601.44Click HERE to show list of stocks
UP between 0 to 1 STD20240.400.54
DOWN between 0 to 1 STD6613.20-0.40
DOWN between 1 to 2 STD193.80-1.27Click HERE to show list of stocks
DOWN over 2 STD20.40-2.38Click HERE to show list of stocks
Total # of UP Moves41382.601.23
Total # of DOWN Moves8717.40-0.64
Total5001000.91
Note: Market internal is very strong today. I see more upside ahead, and I believe any pullback is a buying opportunity.
How to read this table
Intermediate Term Market Mode
INDEXCurrentModeSignalDateandPriceModeChangePrice
DOWBUY17-Feb-2010at10309WhenDailyClosePrice<10690ModewillbeSELL
S&P500BUY18-Feb-2010at1107WhenDailyClosePrice<1150ModewillbeSELL
NASADQBUY19-Feb-2010at2243WhenDailyClosePrice<2347ModewillbeSELL
Long Term ZigZag View of SPY



















Comments: If GS can enter the yellow box shown, I will add more. Today's volume is low. Need more volume to make me more comfortable.
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