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Top Performing ETFs
- Thread starter investics
- Start date
<b>Market View - Thu, 23.Sep.2010</b>
<b>NYSE Percent of stocks above the 50 Day MA: 77%</b>
Buy Aggressively
Buy Cautiously
<b>Hold</b>
Sell Cautiously
Sell Aggressively
(the highlighted option is my current sentiment)
After the run we have seen the past two weeks, there is bound to be some selling. Thus there is no need to panic, as always it is always a good idea to lock in profits with stops or selling a part of the shares.
I estimate close to <b>$65 Billion</b> to have entered the market in the last 10 days.
We might see pull backs along the way, but we might be heading higher. Let us be prepared for the market to heard either way.
<b>NYSE Percent of stocks above the 50 Day MA: 77%</b>
Buy Aggressively
Buy Cautiously
<b>Hold</b>
Sell Cautiously
Sell Aggressively
(the highlighted option is my current sentiment)
After the run we have seen the past two weeks, there is bound to be some selling. Thus there is no need to panic, as always it is always a good idea to lock in profits with stops or selling a part of the shares.
I estimate close to <b>$65 Billion</b> to have entered the market in the last 10 days.
We might see pull backs along the way, but we might be heading higher. Let us be prepared for the market to heard either way.
<b>Market Slice for week 20.Sep.2010 to 24.Sep.2010</b>
Buy Aggressively
Buy Cautiously
<b>Hold/Wait</b>
Sell Cautiously
Sell Aggressively
(the highlighted option is my current sentiment)
<u>S&P-500 Daily % Change:</u>
<b>Fri, 24.Sep: 2.12%</b>
<b>Thu, 23.Sep: -0.83%</b>
<b>Wed, 22.Sep: -0.48%</b>
<b>Tue, 21.Sep: -0.26%</b>
<b>Mon, 20.Sep: 1.52%</b>
<u>No. of Stocks above 40 EMA*</u>
<b>Fri, 24.Sep: 84%</b>
<b>Thu, 23.Sep: 67%</b>
<b>Wed, 22.Sep: 76%</b>
<b>Tue, 21.Sep: 81%</b>
<b>Mon, 20.Sep: 84%</b>
I avoid entering new positions when the number above is greater than <b>80%</b>
<u>No. of New Six Month (26 weeks) Highs*</u>
<b>Fri, 24.Sep: 257</b>
<b>Thu, 23.Sep: 110</b>
<b>Wed, 22.Sep: 150</b>
<b>Tue, 21.Sep: 258</b>
<b>Mon, 20.Sep: 342</b>
<u>No. of New Six Month Lows*</u>
<b>Fri, 24.Sep: 9</b>
<b>Thu, 23.Sep: 34</b>
<b>Wed, 22.Sep: 23</b>
<b>Tue, 21.Sep: 10</b>
<b>Mon, 20.Sep: 14</b>
*The stats above were calculated on the top 3000 stocks by liquidity(not market cap), Which captures 99.5% of the overall market liquidity.
Buy Aggressively
Buy Cautiously
<b>Hold/Wait</b>
Sell Cautiously
Sell Aggressively
(the highlighted option is my current sentiment)
<u>S&P-500 Daily % Change:</u>
<b>Fri, 24.Sep: 2.12%</b>
<b>Thu, 23.Sep: -0.83%</b>
<b>Wed, 22.Sep: -0.48%</b>
<b>Tue, 21.Sep: -0.26%</b>
<b>Mon, 20.Sep: 1.52%</b>
<u>No. of Stocks above 40 EMA*</u>
<b>Fri, 24.Sep: 84%</b>
<b>Thu, 23.Sep: 67%</b>
<b>Wed, 22.Sep: 76%</b>
<b>Tue, 21.Sep: 81%</b>
<b>Mon, 20.Sep: 84%</b>
I avoid entering new positions when the number above is greater than <b>80%</b>
<u>No. of New Six Month (26 weeks) Highs*</u>
<b>Fri, 24.Sep: 257</b>
<b>Thu, 23.Sep: 110</b>
<b>Wed, 22.Sep: 150</b>
<b>Tue, 21.Sep: 258</b>
<b>Mon, 20.Sep: 342</b>
<u>No. of New Six Month Lows*</u>
<b>Fri, 24.Sep: 9</b>
<b>Thu, 23.Sep: 34</b>
<b>Wed, 22.Sep: 23</b>
<b>Tue, 21.Sep: 10</b>
<b>Mon, 20.Sep: 14</b>
*The stats above were calculated on the top 3000 stocks by liquidity(not market cap), Which captures 99.5% of the overall market liquidity.
Happy Sunday <b>joe4422</b>!
Do you mean from Thu to Fri?
When you keep seeing this metric everyday for a long period of time, you will form milestones which helps you decide which way the market is going and why not to panic even if the broader market has gone down.
I have this figure for the last two years for every single day.
h
Thanks for posting!
Do you mean from Thu to Fri?
When you keep seeing this metric everyday for a long period of time, you will form milestones which helps you decide which way the market is going and why not to panic even if the broader market has gone down.
I have this figure for the last two years for every single day.
h
Thanks for posting!
Quote from joe4422:
But surely the 6 month high/ lows is skewed because of the flash crash.
http://www.insidestocks.com/momentum.asp scroll to bottom of page, when they all get above 70%,the 150 and 200 day are stilll under, they say 7 out of 10 people are long and there are few to none left in the buyers camp
<b>Market View - 27.Sep.2010</b>
<b>NYSE Percent of stocks above the 50 Day MA: 80%</b>
Buy Aggressively
<b>Buy Cautiously</b>
Hold
Sell Cautiously
Sell Aggressively
(the highlighted option is my current sentiment)
Yesterday the <b>27.Sep.2010</b> was a very interesting day in the markets which re-emphasizes that we need to build matrices to be able to look deeper.
Though the over all market was down <b>(-0.57%)</b>, the money flowed into the market. Some of my other indicators were positive too. Each pull back might see money sitting on the sidelines getting back in.
<b>NYSE Percent of stocks above the 50 Day MA: 80%</b>
Buy Aggressively
<b>Buy Cautiously</b>
Hold
Sell Cautiously
Sell Aggressively
(the highlighted option is my current sentiment)
Yesterday the <b>27.Sep.2010</b> was a very interesting day in the markets which re-emphasizes that we need to build matrices to be able to look deeper.
Though the over all market was down <b>(-0.57%)</b>, the money flowed into the market. Some of my other indicators were positive too. Each pull back might see money sitting on the sidelines getting back in.
<b>Market Slice for week 27.Sep.2010 to 01.Oct.2010</b>
Buy Aggressively
Buy Cautiously
Hold/Wait
<b>Sell Cautiously</b>
Sell Aggressively
(the highlighted option is my current sentiment)
<u>S&P-500 Daily % Change:</u>
<b>Fri, 01.Oct: 0.44%</b>
<b>Thu, 30.Sep: -0.31%</b>
<b>Wed, 29.Sep: -0.26%</b>
<b>Tue, 28.Sep: 0.49%</b>
<b>Mon, 27.Sep: -0.57%</b>
<u>No. of Stocks above 40 EMA*</u>
<b>Fri, 01.Oct: 85%</b>
<b>Thu, 30.Sep: 83%</b>
<b>Wed, 29.Sep: 83%</b>
<b>Tue, 28.Sep: 83%</b>
<b>Mon, 27.Sep: 80%</b>
I avoid entering new positions when the number above is greater than 80%
<u>No. of New Six Month (26 weeks) Highs*</u>
<b>Fri, 01.Oct: 245</b>
<b>Thu, 30.Sep: 320</b>
<b>Wed, 29.Sep: 272</b>
<b>Tue, 28.Sep: 247</b>
<b>Mon, 27.Sep: 243</b>
<u>No. of New Six Month Lows*</u>
<b>Fri, 01.Oct: 9</b>
<b>Thu, 30.Sep: 15</b>
<b>Wed, 29.Sep: 6</b>
<b>Tue, 28.Sep: 18</b>
<b>Mon, 27.Sep: 14</b>
*The stats above were calculated on the top 3000 stocks by liquidity(not market cap), which capture 99.5% of the overall market liquidity.
Buy Aggressively
Buy Cautiously
Hold/Wait
<b>Sell Cautiously</b>
Sell Aggressively
(the highlighted option is my current sentiment)
<u>S&P-500 Daily % Change:</u>
<b>Fri, 01.Oct: 0.44%</b>
<b>Thu, 30.Sep: -0.31%</b>
<b>Wed, 29.Sep: -0.26%</b>
<b>Tue, 28.Sep: 0.49%</b>
<b>Mon, 27.Sep: -0.57%</b>
<u>No. of Stocks above 40 EMA*</u>
<b>Fri, 01.Oct: 85%</b>
<b>Thu, 30.Sep: 83%</b>
<b>Wed, 29.Sep: 83%</b>
<b>Tue, 28.Sep: 83%</b>
<b>Mon, 27.Sep: 80%</b>
I avoid entering new positions when the number above is greater than 80%
<u>No. of New Six Month (26 weeks) Highs*</u>
<b>Fri, 01.Oct: 245</b>
<b>Thu, 30.Sep: 320</b>
<b>Wed, 29.Sep: 272</b>
<b>Tue, 28.Sep: 247</b>
<b>Mon, 27.Sep: 243</b>
<u>No. of New Six Month Lows*</u>
<b>Fri, 01.Oct: 9</b>
<b>Thu, 30.Sep: 15</b>
<b>Wed, 29.Sep: 6</b>
<b>Tue, 28.Sep: 18</b>
<b>Mon, 27.Sep: 14</b>
*The stats above were calculated on the top 3000 stocks by liquidity(not market cap), which capture 99.5% of the overall market liquidity.