Thursday, April 8, 2010

Bulls vs. Bears and Market Summary on 8-APR-2010

Bulls vs Bears and Market Summary on 04/08/2010
Short Term Bulls vs. Bears Scoring System
Comments: I was hoping to see bull scores up today, but it did not happen due to the early dip. Tomorrow is the key for the short term direction.
My AMZN and GS are simply beautiful (see the charts at end of this post). I did sell 550/540 put vertical on GOOG today. Semi was weak today.
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 STD265.202.78Click HERE to show list of stocks
UP between 1 to 2 STD479.401.39Click HERE to show list of stocks
UP between 0 to 1 STD19338.600.39
DOWN between 0 to 1 STD19438.80-0.41
DOWN between 1 to 2 STD367.20-1.28Click HERE to show list of stocks
DOWN over 2 STD40.80-4.17Click HERE to show list of stocks
Total # of UP Moves26653.200.80
Total # of DOWN Moves23446.80-0.61
Total5001000.14
Note: Market internal about even today.
How to read this table
Intermediate Term Market Mode
INDEXCurrentModeSignalDateandPriceModeChangePrice
DOWBUY17-Feb-2010at10309WhenDailyClosePrice<10770ModewillbeSELL
S&P500BUY18-Feb-2010at1107WhenDailyClosePrice<1165ModewillbeSELL
NASADQBUY19-Feb-2010at2243WhenDailyClosePrice<2361ModewillbeSELL
Long Term ZigZag View of SPY

























Comments: SPY is at upper trendline, nothing to worry about so far for long term; AMZN and GS charts are beautiful; If GOOG is able to break out the yellow diamond, watch out.
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