i see that some professional traders judge the strength of the market by looking at the majority of the stocks if they are following the index. i was wondering where would i get this information everyday? is this a listed indicator on the etrade or fidelity platform?
indicator that shows if most stocks are going up or down
- Thread starter happy trading
- Start date
Do you mean sub-indices of stocks following major indices like S&P 500 or Dow? I don't understand your question. Why don't just look at SPX or DOW session start to judge about performance?
https://www.fidelity.com/webcontent....11.0/help/research/learn_er_glossary_1.shtml
That’s a common way.
A/D line.
Look up market breadth indicators. Perhaps your brokerage supports a few other indices that track stuff like A/D across a certain index or stuff like the TICK indexes.
That’s a common way.
A/D line.
Look up market breadth indicators. Perhaps your brokerage supports a few other indices that track stuff like A/D across a certain index or stuff like the TICK indexes.
Google:
Lowry White Paper
Modern Day Improvements
to the Advance-Decline Line
Edit:
https://www.lowryresearch.com/Research/Reports
Lowry White Paper
Modern Day Improvements
to the Advance-Decline Line
Edit:
https://www.lowryresearch.com/Research/Reports
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Good idea;
if one gets paid on ''the majority of stocks'' + most dont.
IBD has that a/d line in its neWspaper+its easy to see why many of any group would not use it much.
Fidelity has a good feature, shows the top stock% in qqq..........
which feature are you referring to on fidelity?
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FIDELITY names it ''Portfolio Composition'' Like QQQ =AAPL ,10.95%, MSFT= 9.50%........[GOOG question whats in QQQ ETF]
A few indicators I find useful are the
$NAAD - Nasdaq Advance/Decline Issues
$NAA50R - Nasdaq % of stocks above 50 day moving average
$NAA200R - Nasdaq % of stocks above 200 day moving average
$CPC - CBOE Total Options Put/Call Ratio
$CPCI - CBOE Index Put/Call Ratio
$CPCE - CBOE Equity Put/Call Ratio
$SKEW - CBOE SKEW Index
$NASI - Nasdaq McClellan Summation Index
here’s a few, Nasdaq is just an example, you can use any index of your preference obviously. I find value in relative-breadth indicators. Useful for any speculator.
$NAAD - Nasdaq Advance/Decline Issues
$NAA50R - Nasdaq % of stocks above 50 day moving average
$NAA200R - Nasdaq % of stocks above 200 day moving average
$CPC - CBOE Total Options Put/Call Ratio
$CPCI - CBOE Index Put/Call Ratio
$CPCE - CBOE Equity Put/Call Ratio
$SKEW - CBOE SKEW Index
$NASI - Nasdaq McClellan Summation Index
here’s a few, Nasdaq is just an example, you can use any index of your preference obviously. I find value in relative-breadth indicators. Useful for any speculator.
Strongly agree that the market breadth indicators like the AD Lines (several different types) are very useful.
wrbtrader