Archive for Intraday Commentary

Aug
24

Watch the Midpoint

Posted by Rennie on Tuesday, August 24th, 2010 at 3:47 pm

S&P futures currently trading just above the day’s midpoint at 1051.25 despite…
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Aug
20

Low-Volume Selloff, Tech Outperforming

Posted by Rennie on Friday, August 20th, 2010 at 2:10 pm

Volume in E-Mini S&P futures set to come in more than 20% below Thursday’s level (watch the relative ES volume chart here). That’s a short-term…
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Aug
17

Steadily Improving Breadth Points to Consolidation on Wednesday

Posted by Rennie on Tuesday, August 17th, 2010 at 1:59 pm

The NYSE advance/decline ratio is running close to 5:1 positive Tuesday, which marks the fourth consecutive session of…
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Aug
16

Watch for this Price/Volume Pattern on SPY

Posted by Rennie on Monday, August 16th, 2010 at 3:15 pm

SPY volume running slightly below levels at this time Friday as the index gives up morning gains. Should SPY close lower today and…
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Aug
16

Wayne Whaley Comments on Hindenburg Omen

Posted by Rennie on Monday, August 16th, 2010 at 12:26 pm

With all of the chatter on the Hindenburg Omen, I thought I’d pass along the following comments from Wayne Whaley. (We are jointly working on creating two separate historical databases – one of operating-only companies on the NYSE and one of stocks in the S&P500 – to address the problems with NYSE breadth statistics that Wayne discusses below. More on this later…)
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Aug
13

Consecutive Down Days Heading into Options Expiration Week

Posted by Rennie on Friday, August 13th, 2010 at 3:59 pm

Here’s an interesting seasonal pattern…
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Aug
11

Unfilled Downside Gaps Post-FOMC

Posted by Rennie on Wednesday, August 11th, 2010 at 3:03 pm

Wednesday will mark the second consecutive session in which S&P futures have not traded above the…
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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.