my recent post, Ray Barros shared roughly ways that he identifies trending days inwards the stock market.
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Showing posts sorted by relevance for query few-weekend-views. Sort by date Show all posts
Showing posts sorted by relevance for query few-weekend-views. Sort by date Show all posts
Monday, December 21, 2020
Sunday, January 13, 2019
Info!! Trading Notes For The Calendar Week Of April 18, 2016
Friday, Apr 22nd
* Excellent shipping service from Jesse Felder questioning the wealth lawsuit from recent key banking concern policy.
* Stocks pulled dorsum inward Thursday's trade, amongst fewer than 50% of SPX shares closing inward a higher house their three in addition to 5-day moving averages. Despite the pullback, fifty-fifty my shorter-term measures stay inward overbought territory, as seen below:
* Note how the pullback inward bond prices (rise inward yield) was accompanied past times drops amidst consumer staples (XLP), utility (XLU), in addition to existent estate shares (IYR). Because these sectors offering enhanced yield in addition to because authorities bonds offering in addition to thence piddling yield, charge per unit of measurement views are playing out inward these stock sectors. This is a real relevant dynamic for traders/investors.
* Retail (XRT) in addition to technology scientific discipline (XLK) shares receive got been underperformers lately; much of the recent strength has come upwards from commodity related sectors (XLB, XLE, XME). Strong commodities (DBC) are unopen to other macro subject playing out inside stock sectors; the relative surgery of stock sectors has been of import lately...it's non precisely risk-on, risk-off across all sectors.
* China underperforming recently amidst concerns almost credit defaults. On the radar...
Thursday, Apr 21st
* Rob Hanna shares historical marketplace patterns on the Quantifiable Edges blog. Also cheque out Rob's operate amongst Scott Andrews on the InvestiQuant blog. Lots of proficient ideas here.
* Stocks continued their deed higher on continued positive breadth. Across all exchanges, nosotros had 1205 stocks brand fresh monthly highs against 192 lows. As noted earlier, it's the absence of distinctive weakness inward whatever of the sectors that is noteworthy inward the recent marketplace strength.
* Here's a valuable perspective on furnish in addition to need inward the States of America stock market. It's a 10-day moving average of upticks versus downticks amidst all NYSE shares. Note that, since the Feb lows, that average has never dipped below zero. Most late this strength has been due to the depression grade of downticks; quite simply, nosotros are non seeing sustained selling from institutions in addition to this has kept stocks aloft.
* Here's a await at what's been relatively rigid in addition to weak amidst stock sectors from the FinViz site. Note the odd strength amidst commodity related shares--a consummate reversal of the weakness nosotros saw early on inward the twelvemonth in addition to through a proficient chunk of 2015. Renewed strength amidst commodities has been the clearest indication that markets are no longer pricing inward deflationary forces in addition to that's been proficient for global stocks.
Wednesday, Apr 20th
* Looking for a sketch pad for quantified patterns inward stocks in addition to ETFs? Great screener on Kora Reddy's Paststat site.
* Stocks moved to novel highs for this run, amongst significantly expanded breadth. Across all exchanges, stocks making fresh three calendar month highs vaulted to a novel peak. (See below). The full general dominion is that peaks inward breadth/momentum tend to precede cost peaks for bull cycles. While breadth is stretched here--and indeed we've pulled dorsum inward overnight trade--we proceed to consider dips at successively higher cost lows, which is what makes for bull moves.
* Influenza A virus subtype H5N1 different agency of looking at breadth tracks the divulge of NYSE stocks giving purchase versus sell signals across a diversity of technical trading systems. I hold those stats as a cumulative running total, which has also displayed odd strength inward recent sessions. (See below). What is as noteworthy is that few shares are giving sell signals, which is a reflection of the depression grade of selling pressure level evident inward the upticks/downticks data. Bottom line, I'm non seeing signs of deterioration inward this marketplace at the introduce time.
* Note also the breakout strength amidst international equity indexes (EFA). We've seen broadening international strength inward stocks as the States of America dollar has weakened.
Tuesday, Apr 19th
* Limited notes side past times side few days; working amongst traders inward London.
* Breadth continues strong, with over one k fresh monthly highs in addition to over 80% of SPX stocks closing inward a higher house their 3, 5, in addition to 10 twenty-four hours moving averages.
* The stair out of upticks in addition to downticks continues to present unusually depression selling pressure. Stocks are unlikely to sustain weakness if institutional participants are non selling.
Monday, Apr 18th
* One of the greatest life risks nosotros take is playing it safe. Life is also of import to live on wasted on inconsequential goals.
* Recently the striking charge per unit of measurement on my trades has gone up. That's because I'm non *trading*. I am entering positions similar an investor in addition to exiting similar a trader. Waiting for things to work upwards across different fourth dimension frames provides the proficient entry. Defining a pregnant deed for a given volatility regime in addition to exiting when that is achieved provides the proficient exit. Slow to instruct into trades, quick to instruct out when the marketplace gives proficient prices. Perhaps the border inward such a method lies inward making *not trading* the default. All I tin laissez passer on the axe say is that my involvement inward markets has redoubled always since I got away from screens. Frequent trading is similar frequent eating: naught could live on worse for the palate, stomach, in addition to appetite!
* Stocks opened the weekend lower on the heels of the inability of the OPEC coming together to attain an understanding over production cuts. Since the early on trade, stone oil in addition to stocks receive got rebounded a bit; I'll live on watching the correlation betwixt stone oil in addition to stocks to consider if nosotros re-enter the regime that was bearish for both, as good as for high yield bonds. Influenza A virus subtype H5N1 resumption of a rigid dollar merchandise would fuel such a regime; inward the absence of the dollar trade, the correlation betwixt stone oil in addition to stocks may live on less certain.
* Breadth dipped on Friday, amongst 795 stocks making fresh monthly highs in addition to 137 registering novel lows. My volatility measures receive got striking depression levels that receive got been associated amongst marketplace tops, including the "pure volatility" stair out that tracks the average volatility per unit of measurement of trading volume. So far, nosotros haven't seen a pregnant expansion of selling pressure level inward the uptick/downtick stair out or inward the novel lows data; I'm watching those closely. My "pure correlation" measure, tracking the correlation amidst stocks specific to given volatility regimes, also is at (low) levels historically associated amongst subnormal forwards returns over a several calendar week period.
* My stair out of intermediate term strength, assessing novel highs versus lows across all SPX shares, has fallen toward neutral levels fifty-fifty as cost has moved higher. While a few measures await toppy, it would surprise me if this bull deed were to all of a precipitous morph into a bear.
* Excellent shipping service from Jesse Felder questioning the wealth lawsuit from recent key banking concern policy.
* Stocks pulled dorsum inward Thursday's trade, amongst fewer than 50% of SPX shares closing inward a higher house their three in addition to 5-day moving averages. Despite the pullback, fifty-fifty my shorter-term measures stay inward overbought territory, as seen below:
* Note how the pullback inward bond prices (rise inward yield) was accompanied past times drops amidst consumer staples (XLP), utility (XLU), in addition to existent estate shares (IYR). Because these sectors offering enhanced yield in addition to because authorities bonds offering in addition to thence piddling yield, charge per unit of measurement views are playing out inward these stock sectors. This is a real relevant dynamic for traders/investors.
* Retail (XRT) in addition to technology scientific discipline (XLK) shares receive got been underperformers lately; much of the recent strength has come upwards from commodity related sectors (XLB, XLE, XME). Strong commodities (DBC) are unopen to other macro subject playing out inside stock sectors; the relative surgery of stock sectors has been of import lately...it's non precisely risk-on, risk-off across all sectors.
* China underperforming recently amidst concerns almost credit defaults. On the radar...
Thursday, Apr 21st
* Rob Hanna shares historical marketplace patterns on the Quantifiable Edges blog. Also cheque out Rob's operate amongst Scott Andrews on the InvestiQuant blog. Lots of proficient ideas here.
* Stocks continued their deed higher on continued positive breadth. Across all exchanges, nosotros had 1205 stocks brand fresh monthly highs against 192 lows. As noted earlier, it's the absence of distinctive weakness inward whatever of the sectors that is noteworthy inward the recent marketplace strength.
* Here's a valuable perspective on furnish in addition to need inward the States of America stock market. It's a 10-day moving average of upticks versus downticks amidst all NYSE shares. Note that, since the Feb lows, that average has never dipped below zero. Most late this strength has been due to the depression grade of downticks; quite simply, nosotros are non seeing sustained selling from institutions in addition to this has kept stocks aloft.
* Here's a await at what's been relatively rigid in addition to weak amidst stock sectors from the FinViz site. Note the odd strength amidst commodity related shares--a consummate reversal of the weakness nosotros saw early on inward the twelvemonth in addition to through a proficient chunk of 2015. Renewed strength amidst commodities has been the clearest indication that markets are no longer pricing inward deflationary forces in addition to that's been proficient for global stocks.
Wednesday, Apr 20th
* Looking for a sketch pad for quantified patterns inward stocks in addition to ETFs? Great screener on Kora Reddy's Paststat site.
* Stocks moved to novel highs for this run, amongst significantly expanded breadth. Across all exchanges, stocks making fresh three calendar month highs vaulted to a novel peak. (See below). The full general dominion is that peaks inward breadth/momentum tend to precede cost peaks for bull cycles. While breadth is stretched here--and indeed we've pulled dorsum inward overnight trade--we proceed to consider dips at successively higher cost lows, which is what makes for bull moves.
* Influenza A virus subtype H5N1 different agency of looking at breadth tracks the divulge of NYSE stocks giving purchase versus sell signals across a diversity of technical trading systems. I hold those stats as a cumulative running total, which has also displayed odd strength inward recent sessions. (See below). What is as noteworthy is that few shares are giving sell signals, which is a reflection of the depression grade of selling pressure level evident inward the upticks/downticks data. Bottom line, I'm non seeing signs of deterioration inward this marketplace at the introduce time.
* Note also the breakout strength amidst international equity indexes (EFA). We've seen broadening international strength inward stocks as the States of America dollar has weakened.
Tuesday, Apr 19th
* Limited notes side past times side few days; working amongst traders inward London.
* Breadth continues strong, with over one k fresh monthly highs in addition to over 80% of SPX stocks closing inward a higher house their 3, 5, in addition to 10 twenty-four hours moving averages.
* The stair out of upticks in addition to downticks continues to present unusually depression selling pressure. Stocks are unlikely to sustain weakness if institutional participants are non selling.
Monday, Apr 18th
* One of the greatest life risks nosotros take is playing it safe. Life is also of import to live on wasted on inconsequential goals.
* Recently the striking charge per unit of measurement on my trades has gone up. That's because I'm non *trading*. I am entering positions similar an investor in addition to exiting similar a trader. Waiting for things to work upwards across different fourth dimension frames provides the proficient entry. Defining a pregnant deed for a given volatility regime in addition to exiting when that is achieved provides the proficient exit. Slow to instruct into trades, quick to instruct out when the marketplace gives proficient prices. Perhaps the border inward such a method lies inward making *not trading* the default. All I tin laissez passer on the axe say is that my involvement inward markets has redoubled always since I got away from screens. Frequent trading is similar frequent eating: naught could live on worse for the palate, stomach, in addition to appetite!
* Stocks opened the weekend lower on the heels of the inability of the OPEC coming together to attain an understanding over production cuts. Since the early on trade, stone oil in addition to stocks receive got rebounded a bit; I'll live on watching the correlation betwixt stone oil in addition to stocks to consider if nosotros re-enter the regime that was bearish for both, as good as for high yield bonds. Influenza A virus subtype H5N1 resumption of a rigid dollar merchandise would fuel such a regime; inward the absence of the dollar trade, the correlation betwixt stone oil in addition to stocks may live on less certain.
* Breadth dipped on Friday, amongst 795 stocks making fresh monthly highs in addition to 137 registering novel lows. My volatility measures receive got striking depression levels that receive got been associated amongst marketplace tops, including the "pure volatility" stair out that tracks the average volatility per unit of measurement of trading volume. So far, nosotros haven't seen a pregnant expansion of selling pressure level inward the uptick/downtick stair out or inward the novel lows data; I'm watching those closely. My "pure correlation" measure, tracking the correlation amidst stocks specific to given volatility regimes, also is at (low) levels historically associated amongst subnormal forwards returns over a several calendar week period.
* My stair out of intermediate term strength, assessing novel highs versus lows across all SPX shares, has fallen toward neutral levels fifty-fifty as cost has moved higher. While a few measures await toppy, it would surprise me if this bull deed were to all of a precipitous morph into a bear.
Friday, November 29, 2019
Info!! A Few Skilful Weekend Reads
* Here's a listing of print in addition to electronic trading magazine resources;
* AMZN in addition to how signs of stress inwards commercial existent estate;
* Questioning the value of historical marketplace relationships with property classes;
* Spotting moves with COT data;
* Very interesting post re: managing the equity curve;
* Views on trading marketplace regimes--great topic;
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* AMZN in addition to how signs of stress inwards commercial existent estate;
* Questioning the value of historical marketplace relationships with property classes;
* Spotting moves with COT data;
* Very interesting post re: managing the equity curve;
* Views on trading marketplace regimes--great topic;
.
Wednesday, June 14, 2006
Info!! Coin Flows Too A Catamenia Of Marketplace Ideas
This post service summarizes a few of the unique features of the coaching mass I'm currently writing. What makes this interesting is that the structure, besides every bit content, of the text volition move quite dissimilar from my other material.
* Gaps - Some worthwhile cloth on trading gaps from Quantifiable Edges.
* Nod of the Cap - Kudos to Charles Kirk on the functioning of his recent stock picks. If that's non a weblog that offers value, I don't know what is.
* Excellent Weekend Reading - Asian inflation, foreclosures, together with trading perspectives from Linda Raschke are with a await at the dynamics of the credit crisis. Paul Kedrosky looks at the views of T. Boone Pickens together with the prospects for an oil toll collapse. David Merkel offers his accept on the oil markets together with why he likes VLO.
* Still Showing Strength - Among the twoscore stocks inward my handbasket that are evenly drawn from viii S&P 500 sectors, several are showing positive technical forcefulness despite the recent marketplace downturn. These include: DIS, MCD, WMT, WAG, COP, AMGN, together with CSCO.
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* Gaps - Some worthwhile cloth on trading gaps from Quantifiable Edges.
* Nod of the Cap - Kudos to Charles Kirk on the functioning of his recent stock picks. If that's non a weblog that offers value, I don't know what is.
* Excellent Weekend Reading - Asian inflation, foreclosures, together with trading perspectives from Linda Raschke are with a await at the dynamics of the credit crisis. Paul Kedrosky looks at the views of T. Boone Pickens together with the prospects for an oil toll collapse. David Merkel offers his accept on the oil markets together with why he likes VLO.
* Still Showing Strength - Among the twoscore stocks inward my handbasket that are evenly drawn from viii S&P 500 sectors, several are showing positive technical forcefulness despite the recent marketplace downturn. These include: DIS, MCD, WMT, WAG, COP, AMGN, together with CSCO.
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