| To: rimshot who wrote (195) | 5/21/2023 9:39:06 AM | | From: rimshot | | | | plot of the AAII rolling 52-week moving average
* bears rule the Sentiment, for now
* the 52-week MA is recently at lower levels than seen in any period since 1988
t.co
weekly plot of the Wall Street Sentiment survey conducted by Mark Young and
updated weekly at SC usually on the weekend OR sometime Monday -
stockcharts.com
at the recent update -
36% bulls, percent bulls is again below its 89-week EMA
45% bears |
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| To: rimshot who wrote (1216) | 5/23/2023 5:40:40 AM | | From: rimshot | | | | heads-up Alert: the QQQ daily chart shows 3 consecutive days in
which QQQ has spent a portion or all of each day
above its daily 200,2 upper Bollinger Band
9 months of daily chart history -
* will we see more days that QQQ price action rests above
the daily 200,2 upper Bollinger Band?
stockcharts.com
5 years & 9 months of daily chart history -
stockcharts.com
* you be the judge what the chart setup bodes for
the June through December 2023 time period |
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| To: rimshot who wrote (1272) | 5/25/2023 9:04:01 AM | | From: rimshot | | | | 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 |
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| To: rimshot who wrote (1285) | 5/26/2023 7:12:24 AM | | From: rimshot | | | | 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.
 |
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| To: rimshot who wrote (1065) | 6/10/2023 11:49:22 AM | | From: rimshot | | | | /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 |
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| To: rimshot who wrote (1101) | 7/2/2023 2:58:08 PM | | From: rimshot | | | | $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 |
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