Poor NYSE TICK Action as Institutions Remain Better Sellers
By Rennie on Monday, January 25th, 2010 at 8:45 pm
NYSE TICK barely traded above +800 during Monday’s weak bounce, indicating a complete absence of institutional buyers. Recall that the TICK is calculated by subtracting the number of NYSE stocks that last traded on a downtick from the number of stocks that last traded on an uptick. Readings well above average suggest institutional buy programs are in effect, while below-average readings point to intraday sell programs. Our TICKscore indicator is designed to measure the number of such buy & sell programs hitting the tape each day, and on Monday… Login | Subscribe
Welcome to the subscriber website for Market Tells! As a visitor you will see every column as it's posted along with a brief excerpt. Visit the archives section to get an idea of the wide range of topics covered in our end-of-day commentaries and intraday bulletins.
Login
Join our Mailing List
Latest Twitter Updates
Currently narrowest range day for S&P futures in 50 sessions. $$ 8 hrs ago
Copyright 2010 Astrikos LLC. This publication is for the benefit of subscribers only and is not to be summarized, reproduced, or rebroadcast in any fashion without our written permission.
Market Tells is on Twitter
Disclaimer
Comments, data and trading signals herein are for informational purposes only and are not recommendations to buy or sell. All information presented is believed to be accurate but is not guaranteed.
Poor NYSE TICK Action as Institutions Remain Better Sellers
By Rennie on Monday, January 25th, 2010 at 8:45 pmNYSE TICK barely traded above +800 during Monday’s weak bounce, indicating a complete absence of institutional buyers. Recall that the TICK is calculated by subtracting the number of NYSE stocks that last traded on a downtick from the number of stocks that last traded on an uptick. Readings well above average suggest institutional buy programs are in effect, while below-average readings point to intraday sell programs. Our TICKscore indicator is designed to measure the number of such buy & sell programs hitting the tape each day, and on Monday…
Login | Subscribe