SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

   Strategies & Market TrendsSPY & QQQ intraday chart observations by rimshot


Previous 10 Next 10 
To: rimshot who wrote (1281)5/24/2023 6:28:32 AM
From: rimshot
1 Recommendation   of 1309
 
S&P 500 sectors' 1-day Percentage gain for Tuesday May 23, 2023 -

SPY lost 1.1%


a new multi-year low was printed January 10, 2023 for the $OEX vs. $SPX ratio
( .443400 = newest multi-year low )

stockcharts.com

stockcharts.com

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: rimshot who wrote (1283)5/24/2023 9:11:35 PM
From: rimshot
1 Recommendation   of 1309
 
S&P 500 sectors' 1-day Percentage gain for Wednesday May 24, 2023 -

SPY lost 0.7%

a new multi-year low was printed January 10, 2023 for the $OEX vs. $SPX ratio
( .443400 = newest multi-year low )

stockcharts.com

stockcharts.com

Share RecommendKeepReplyMark as Last Read


To: rimshot who wrote (1272)5/25/2023 9:04:01 AM
From: rimshot
1 Recommendation   of 1309
 
689 = closing value for Wednesday May 24, 2023 -
the raw # of NYSE Advancing Issues,
conformed by StockCharts to equal the WSJ statistic

( 516 = lod / 846 = hod )

stockcharts.com

* three days in January 2023 posted end of day values surpassing the Friday
March 31 close of 2,506 for daily $NYAD

** important Note: the $NYA closed May 24 significantly below its
200-day SMA ( 15,160.15 ) by the largest percentage seen in May 2023, at the same
time the # of NYSE Advancing Issues printed a customary low value seen
over time

NYSE Advancers = 22% of the NYSE Total # of Active Symbols today

* bears rule only while the # of NYSE Advancing issues
divided by the # of NYSE Total Active Symbols rests below the 50% level

===========================================================

the raw # of NYSE Declining Issues at 2,260 is a level
not seen since mid-May 2023 -

stockcharts.com

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: rimshot who wrote (1285)5/26/2023 7:12:24 AM
From: rimshot
1 Recommendation   of 1309
 
NVIDIA becomes first of “Super 7” to close its drawdown gap from prior peak:

* important to keep in mind that this group encompasses:

Tech,
Consumer Discretionary,
Communication Services sectors;

so, it’s not all a “tech” trade

t.co

- Liz Ann Sonders, Friday May 26, 2023 early a.m.


Share RecommendKeepReplyMark as Last Read


To: rimshot who wrote (1065)6/10/2023 11:49:22 AM
From: rimshot
1 Recommendation   of 1309
 
/ES futures -- Friday June 9, 2023 end of day update

* data below as of 4:00 pm ET

* The June /ES contract closed June 9 at 4307.50
S&P 500 cash index closed June 9 at 4298.86

* June contract vs. September contract comparison:

the September 2023 /ES contract now trades at a 43.75
premium to where the June /ES contract closed on Friday June 9 afternoon

The ongoing rollover event to the September 2023 /ES emini futures contract
price action will be reflected in next week's price charts at ToS starting
at Sunday evening's Open

=================================================================

S&P 500 index, Nasdaq 100 index, S&P 100 index are all hugging the
rising daily 55,2.1 upper Bollinger Band ... bulls do NOT want to see future
declines showing large distances below the upper BB

stockcharts.com

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: rimshot who wrote (1101)7/2/2023 2:58:08 PM
From: rimshot
1 Recommendation   of 1309
 
$OEX vs. $SPX daily closes ratio barely moved for the
recent 5 days, on a closing basis ... and at a much lower
level for this ratio than in the prior week

so, either there is more relative participation in the price advance
by the other 400 stocks in the $SPX
OR
only a few Mega Caps are offsetting relative under performance in the
100 stocks within the $OEX

my view, after looking at the top weighted 25 stocks in the $OEX is
that the 400 $SPX stocks relatively outperformed on a percentage basis
the 100 stocks in the $OEX as a group

this 11-sector summary available at SC provides additional evidence
for my claim that last week we saw broadening relative
participation by the 500 $SPX stocks in the most recent price advance ..
you be the judge what occurs in the future near-term

* Consumer Staples ranked last for the current week



$OEX vs. $SPX daily close ratio plot for 2 years & 3 months -

stockcharts.com

$OEX vs. $SPX daily close ratio plot in a line format -

stockcharts.com

$OEX vs. $SPX cumulative percentage change in the daily Relative Strength ratio
since April 1, 2021 close -

stockcharts.com

Share RecommendKeepReplyMark as Last ReadRead Replies (2)


To: rimshot who wrote (1288)7/5/2023 2:21:36 PM
From: rimshot
1 Recommendation   of 1309
 
3 of 4 chart elements show whether participation in the recent
price advance is:

Broadening
OR
Narrowing

stockcharts.com

daily chart #2 - count of NYSE net New 52-week highs minus New 52-week lows -

stockcharts.com

* among an active symbol list of 3,000 to 3,040 NYSE member companies or funds

Share RecommendKeepReplyMark as Last Read


To: rimshot who wrote (1288)8/5/2023 8:05:38 AM
From: rimshot
2 Recommendations   of 1309
 
JC Parets chart:

" This has been a perfectly logical time
and place for stocks to roll over and commodities
to resume their leadership once again. And we’re seeing it. "

t.co

Share RecommendKeepReplyMark as Last Read


To: rimshot who wrote (1287)9/22/2023 10:16:02 AM
From: rimshot
1 Recommendation   of 1309
 
ES 4385.83 = Sept 22 bull / bear pivot value

no upward Staying Power is likely unless ES holds above

value is valid for today only

==========================================

HAPI SP2 proprietary indicator shown at Trade Station
was below its OverSold threshold level at the Sept 21 close ...

* and by a relatively large amount below the OS threshold


Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: rimshot who wrote (1291)9/22/2023 10:38:07 AM
From: rimshot
1 Recommendation   of 1309
 
SPX 4347.76 = today's bull / bear Pivot value for Sept 22

valid for today only

Share RecommendKeepReplyMark as Last ReadRead Replies (2)
Previous 10 Next 10