The S&P500 followed through from Thursday’s 90% up volume day with another strong session. Cumulative TICK closed in the +100,000 range for the third time in the last five sessions, a bullish cluster that normally leads to…
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Last week’s program trading report revealed 46.5% of total program volume was executed as principal, for member firms’ own accounts. Above-average program activity is…
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Thanks to Bob Barnes (BZBTrader) for this recent post that highlights the concept of utilizing 65-minute bars for intraday analysis. With 390 minutes in a trading day, 65-minute bars are a better fit than traditional hourly bars, in which the final bar of each day is really only 30 minutes. I’ve been examining these 65-minute bars with the S&P500 and noted something interesting this evening…
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Cumulative TICK closed just over +100,000 Tuesday, a fresh two-month high. That comes less than two weeks after the initial two-month high for Cumulative TICK back on July 7th, and I think we have to…
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The CBOE equity put/call ratio is on the verge of triggering an intermediate-term sell. It closed at .52 Monday, sending the…
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Friday marked the 22nd session over the past year in which the Dow Industrials posted an absolute daily change of 2% or more. That’s high from a historical perspective but downright tame compared to the outrageous 96 days with a 2%+ move recorded almost exactly one year ago in July 2009. Monstrous volatility like that has only been seen one other time in history – the early 1930’s. The number of 2% days peaked at…
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