Wednesday, July 21, 2010

Bulls vs. Bears and Market Summary on 21-Jul-2010



Short Term Bulls vs. Bears Scoring System

Short-term buy signal: Bulls>Bears and Bulls>=25; Sell signal: Bears>Bulls and Bears>=25Signal History
Comments: I don't know what to say about this mkt; This mkt  is a robot controlled casino; unless you are a day trader, it is hard to make any profit. One day everything seems OK, a day later, the world seems ending again. The bulls vs Bears model is being whipsawed left and right, so don't follow the model until the market makes sense again. I am still net long unless SPY close below 105.
Summary of S&P 500 Stocks Daily Price Change Behavior Model 7/21/2010
Type of Daily Move# of StocksPercent of all stocksAvg MoveSymbols of the Moves
UP over 2 STD30.62.58Click here to show stocks
UP between 1 to 2 STD61.21.31Click here to show stocks
UP between 0 to 1 STD5010.020.33
DOWN between 0 to 1 STD27354.71-0.58
DOWN between 1 to 2 STD14529.06-1.31Click here to show stocks
DOWN over 2 STD224.41-2.93Click here to show stocks
Total # of UP Moves5911.820.55
Total # of DOWN Moves44088.18-0.94
Total499100-0.77
Note:




How to read this table
Intermediate Term Market Mode
Comments:
Long Term ZigZag View of SPY

Comments: higher volumes in down days= bad sign.
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