Info!! Tracking Intermarket Themes Amongst Barchart.Com

track intermarket themes; major props to the first-class Barchart site for these futures marketplace oestrus maps. Above is the oestrus map for 12:50 PM CT together with and then the map from an hr later. The map shows how major property classes are moving relative to i another; past times tracking the map over time, you lot tin hit the axe run into which groups are receiving buying together with selling interest.

Note how stocks are hit outflow today together with how nosotros run into rattling piffling inward the means of directional intermarket themes on the day. Oil is down, stocks retraced before strength, the dollar together with involvement rates are piffling changed, and--overall--there's non much volatility to the numbers. This is i first-class enjoin for a hit day: if correlated markets aren't trending, stocks oftentimes won't detect distinctive buying or selling interest.
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Info!! Morning Time Briefing For July 30Th: Testing The Highs

the resilience of the stock market inwards the confront of themes that would ordinarily move bearish for equities: falling commodities together with the drib inwards portion prices inwards China. When markets neglect to create what they ordinarily do, that is oft an fantabulous regard tell. Underlying withdraw for stocks has been sufficiently high that fifty-fifty ordinarily bearish developments could non force us below the overnight lows yesterday.

That has emboldened the bulls together with this morn earlier the opened upwards we're looking at a salubrious rally. Those intermarket themes are in ane lawsuit over again inwards gear, alongside stocks higher overseas, US of America dollar weakness vs. euro, together with rises inwards commodities together with Treasury rates. As nosotros tin flame encounter from the nautical chart above, we're similar a shot testing the bull highs, having traversed the multiday arrive at overnight.

Whenever nosotros encounter an early on rigid ascent next several days of consolidation, nosotros convey to move warning to the possibility of a breakout together with an upside tendency day. I volition move tracking the marketplace via weblog together with Twitter updates (follow here) to encounter if such a scenario materializes. Should nosotros evidence unable to sustain such a breakout move, nosotros could educate an interesting deed dorsum into the multiday range. Either way, in that location should move around trading chance here.
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Info!! Morn Briefing For September 15Th: Trying To Sustain Breakout

breakouts together with volatility next trading ranges, nosotros broke out of the two-day make alongside buying on the retail sales news. As nosotros tin sack run into from the nautical chart higher upwards (ES futures), nosotros are simply managing to remain higher upwards the Fri together with Mon highs later on the deed up. I note, however, that NQ futures convey moved dorsum into their make together with we're non seeing highs inwards aureate or oil. We too run into a flake of strengthening inwards the USD. That suggests that, for now, intermarket themes are non supporting the upside breakout. Should that continue, I'd expect for prove of early on weakness today for a reversal dorsum to the 104.79 pin expanse inwards SPY. (Profit targets are published via Twitter earlier the marketplace open; follow here).

I'll hold upwards next upwards alongside early on tweets together with weblog updates tracking marketplace forcefulness together with themes.
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Info!! Anatomy Of A Marketplace Turnaround: Tracking Intermarket Themes

With the midday turnaround inwards the S&P 500 futures (top chart), banker's complaint how nosotros besides saw a plunge inwards aureate (second chart), a autumn inwards the euro vs. the U.S. of A. dollar (third chart), together with a autumn inwards the cost of short-term Treasuries (bottom chart). Gold had represented a rubber haven during the marketplace decline; the U.S. of A. dollar was nether describe per unit of measurement area during the reject due to failing fiscal firms; together with short-term Treasury instruments served their component subdivision inwards a flying to security during the decline. The simultaneous unwinding of these themes was a rigid indication that marketplace persuasion had shifted inwards a primal way.
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Info!! Pre-Opening Briefing: Shift To A Downtrend

the non-confirmations with the indicators I track together with has too been reflected inwards recent indicator readings, which I discover via Twitter (follow here) prior to each marketplace position open: to a greater extent than novel 20-day lows than highs; Supply exceeding Demand; less than 50% of stocks trading inwards a higher house their 20-day moving averages, etc.

We should rest below the early on June arrive at to sustain the downtrend. I'll endure tracking intraday thought together with intermarket themes (strong dollar, weak commodities) via the tweets to run into if nosotros tin sustain the downside.

8:23 AM CT - In the summit Market Delta chart, nosotros run into that we're edifice value at the depression destination of yesterday's trading range, equally in-line inflation numbers at 7:30 AM CT could non sustain a motion to the upper destination of the overnight range. With credence of lower value, nosotros come about on the short-term downtrend intact, with short-term resistance at 908/909.
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Info!! Even Out Briefing For September 20Th

* MARKET THEMES FROM FRIDAY: We are inward a several twenty-four hr menstruum trading hit inward the ES futures, outset alongside the afternoon of the 16th together with continuing through Friday. There is pregnant resistance to a higher house 1067; back upwardly is inward the 1056 area. We're heading into a Fed coming together week, then merchandise could stay rangebound every bit nosotros approach the announcement. Ten-year Treasury yields are likewise rangebound, hovering about betwixt 3.4% together with 3.5%. Gold has fallen off its highs, together with fossil oil has been inward a several twenty-four hr menstruum range, along alongside the U.S.A. dollar. I volition endure tracking these intermarket themes closely early on inward the calendar week to consider if nosotros consider farther consolidation of the jeopardy rally.

* OVERSEAS/OVERNIGHT NUMBERS: No major economical reports scheduled. It's likewise a low-cal net income day; LEN scheduled to report.

* WORTH READING:

-- Lessons from Interesting reading, including VIX perspectives together with housing bottom inward 2013;

-- Rising bond yields inward countries running large deficits?

-- New emerging marketplace ETFs, including sector ETFs for China; consider likewise this view;

-- Are dividends sustainable amid high dividend stocks?

-- Trees don't grow to the sky; notes on electrical flow marketplace risks;

-- Is at that spot predictive information inward coin flow data?
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Info!! Even Out Briefing For September 20Th

* MARKET THEMES FROM FRIDAY: We are inward a several twenty-four hr menstruum trading hit inward the ES futures, outset alongside the afternoon of the 16th together with continuing through Friday. There is pregnant resistance to a higher house 1067; back upwardly is inward the 1056 area. We're heading into a Fed coming together week, then merchandise could stay rangebound every bit nosotros approach the announcement. Ten-year Treasury yields are likewise rangebound, hovering about betwixt 3.4% together with 3.5%. Gold has fallen off its highs, together with fossil oil has been inward a several twenty-four hr menstruum range, along alongside the U.S.A. dollar. I volition endure tracking these intermarket themes closely early on inward the calendar week to consider if nosotros consider farther consolidation of the jeopardy rally.

* OVERSEAS/OVERNIGHT NUMBERS: No major economical reports scheduled. It's likewise a low-cal net income day; LEN scheduled to report.

* WORTH READING:

-- Lessons from Interesting reading, including VIX perspectives together with housing bottom inward 2013;

-- Rising bond yields inward countries running large deficits?

-- New emerging marketplace ETFs, including sector ETFs for China; consider likewise this view;

-- Are dividends sustainable amid high dividend stocks?

-- Trees don't grow to the sky; notes on electrical flow marketplace risks;

-- Is at that spot predictive information inward coin flow data?
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Info!! Sector Update For July 29Th

Last week's sector review noted that the bullish intermarket themes were inwards unison, amongst impressive breadth to the marketplace rally. That forcefulness has carried over to the almost recent trading week, every bit almost of the sectors convey retained positive Technical Strength readings. Recall that Technical Strength is a quantification of short-term trending, amongst +500 representing a real potent uptrend; -500 a real potent downtrend; in addition to scores betwixt -100 in addition to +100 suggesting no meaning trending. As nosotros come across above, all of the sectors are inwards uptrends amongst the exception of fiscal shares. The wellness attention sector is leading the pack inwards relative strength:

MATERIALS: 280
INDUSTRIAL: 200
CONSUMER DISCRETIONARY: 220
CONSUMER STAPLES: 240
ENERGY: 160
HEALTH CARE: 360
FINANCIAL: 60
TECHNOLOGY: 280

With novel 20- in addition to 65-day highs continuing to outpace novel lows in addition to advance-decline lines for the major averages inwards novel high territory, the wellness of the uptrend remains strong. It would non move surprising for traders in addition to investors to purpose pullbacks inwards Technical Strength every bit buying opportunities, given the increasingly mutual belief that the S&P 500 Index volition vault inwards a higher house chiliad earlier at that topographic point is whatever correction of significance. I volition move tracking the indicators daily via Twitter to assess the forcefulness in addition to momentum of the marketplace (follow here).
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