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
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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
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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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To: rimshot who wrote (1288) | 7/5/2023 2:21:36 PM | From: rimshot | | | 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 |
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To: rimshot who wrote (1288) | 8/5/2023 8:05:38 AM | From: rimshot | | | 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 |
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