The Arms Index or TRIN is an indicator that I watch closely for short to intermediate-term setups. The indicator which combines ratios of advancing issues to declining issues and advancing volume to declining volume is a reasonably reliable contrary signal. Since mid-October the Arms Index has been generating a number of historically high signals. In the chart below, I used a 10 day exponential...
Results 1 - 10 of 1370 for "INDEX"
General Motors Inc. is sort of the anti-Ross Perot, the company that informs you that no matter what the circumstance, it still needs a boatload of money just to make getting up in the morning worth it. The automotive giant (ish) asked for $18 billion in federal loans, one-and-a-half times the size of what it asked for a few weeks ago, amid a 41% decline in auto sales in November. But the thin...
Rob Curran reports: The quote for the Nasdaq Composite index was frozen for 48 minutes on platforms, screens, Web sites and other sources because of a glitch at the exchange’s index arm Tuesday. The Nasdaq Composite was up 18.13, or 1.3%, at 1416.2 for 48 minutes. A spokesperson for Nasdaq OMX Group said the freeze began at 3:07 p.m. and was resolved at 3:55 p.m. The Nasdaq finished up 51...
A reader recently asked me to give a look at the German DAX Index in terms of a possible Elliott Wave Count to see how it related to the US Equity Indexes. Here is my preferred count on the DAX Index on both the Weekly and then zooming in on the fractal Daily Count: German DAX Weekly: The DAX Elliott count is very similar to that of the S&P 500 (^GSPC), with the exception that the topping ...
A reader recently asked me to give a look at the German DAX Index in terms of a possible Elliott Wave Count to see how it related to the US Equity Indexes. Here is my preferred count on the DAX Index on both the Weekly and then zooming in on the fractal Daily Count: German DAX Weekly: The DAX Elliott count is very similar to that of the S&P 500, with the exception that the topping process ...
Stocks trimmed gains in afternoon trading, as the number of high-rated stocks falling on high volume outpaced those rising on fast trade. The Dow...
The market action Monday was pathetic. I am usually not so blunt, but there is no other way to sugar coat it. Most people want to know "what happened?" But there was no real smoking gun. It was a pure buyers strike.Stocks plummeted on relatively low volume. And if you don't believe me about the buyers strike, take a look at the ARMS Index (a measure of buying vs. selling pressure), wh...
Citigroup (C )and Bank of America (BAC) led the Dow higher and Liberty Media (LINTA) and Sears Holdings (SHLD) topped the Nasdaq 100 as indexes...
From the WSJ:Grim economic data Monday showed more pain for U.S. manufacturing and construction.The Institute for Supply Management, a key measure of U.S. manufacturing activity, said its overall index for last month moved to 36.2 from 38.9 in October and 43.5 in September. November's reading was the weakest since May 1982.Cliff Waldman, an economist for the Manufacturers Alliance/MAPI trade gr...
Financials and technology issues led as indexes pressed higher at noon. The NYSE composite broke out to a 3.6% gain. The S&P 500 and the NYSE...