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(7/20/15) The Nasdaq has been the leading market of late
however looking at the Advance-Decline data the last two days it's hard to
believe it has been up the past two days. Notice on Friday it closed up 47
points however there were far more Declining Stocks (1687) vs Advancing Stocks
(1146). The same thing happened today as well as the Nasdaq closed up 9
points with an even larger disparity between Advancing (909) and Decliners
(1955). Something is not right underneath the surface with this market.
Nasdaq
Summary |
7/20 |
7/17 |
| Advances |
909 |
1,146 |
| Declines |
1,955 |
1,687 |
| Unchanged |
82 |
99 |
| New
highs |
126 |
132 |
| New
lows |
155 |
95 |
| Points |
+8.7 |
+47 |
Tuesday's
Buy Signals
| Primary |
Secondary |
RSI |
Williams |
Fisher |
TRIN |
Volatility |
Money |
Money |
Put to |
VWAP |
Advance |
Signal |
| RSI
Long |
RSI
Long |
Max/Min |
%R |
Transform |
S&P 500 |
Bands |
Flow |
Flow/
TRIN |
Call Ratio |
|
Decline |
Strength |
| Signal |
Signal |
Signal |
Signal |
Signal |
Signal |
Signal |
Signal |
Signal |
Signal |
Signal |
Ratio |
|
| No |
No |
No |
No |
No |
No |
No |
No |
No |
No |
No |
No |
|
When 6 or more Signals are generated that is a Strong Buy
Signal
When 3 to 5 Signals are generated that is a Moderate Buy Signal
When only 1 or 2 Signals are generated that is a Weak Buy Signal
Tuesday's Sell Signals
| Advance |
Fisher |
ROC |
RSI |
VWAP |
Volatility |
Volatility |
TRIN |
Signal |
| Decline |
Transform |
VWAP |
Max |
Percent |
Index |
Bands |
S&P 500 |
Strength |
| Ratio |
Signal |
Signal |
Signal |
Signal |
Signal |
Signal |
Signal |
|
| No |
No |
No |
No |
No |
No |
No |
No |
|
When 5 or more Signals are generated that is a Strong
Sell Signal
When 3 to 4 Signals are generated that is a Moderate Sell Signal
When only 1 or 2 Signals are generated that is a Weak Sell Signal
When a Buy or Short Signal is triggered numbers will be entered into the table
below.
| ETF |
Tuesday's |
Buy/Short
Signal |
Entry |
Initial
Stop |
Trailing
Stop |
1st
Target |
2nd
Target |
3rd |
| Target |
|
Signals |
Date |
Price |
Price |
Price |
Price |
Price |
Price |
| SPY |
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Amateur Investors
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