According to the S&P 500 Bullidex, luck favors the bulls as the blue line rises. There are a few stocks making new highs as the uptrend grows stronger. Though my indicator said sell two days ago, the intraday strength has kept me from getting too bold with such a trade. APAC, MEMS, SGU, CACH and…
The rally that began 21 days ago on March 10th seems to have come to an end, so my intraday bias is to the short side. Investors must beware the recent change, volatility is rising and more stocks are falling. The 2x S& 500 Inverse ‘SDS’ looks like a good buy, but I’m more interested…
I’m in Vancouver on a netbook, so I’m making today’s post quick. The S&P 500 Bullidex rose 16.7% to close at 97.155, and a potential asset allocation is 19% equities (97/501). The falling volatility and increasing percentage of rising stocks is a positive change for investors, but the slope of the blue line is beginning…
The facts are on the charts, the trend higher continues. What more can I say?
What is Bullidex? Bullidex is short for ‘Bullish Percent Volatility Index,’ a combination of S&P 500 derivative indexes to measure Reward & Risk. ‘Bullish Percent Volatility Index’? Think of it as a Reward & Risk Index. $BPSPX tracks the percentage of rising, or “bullish,” S&P 500 stocks. The Reward. $VIX is the S&P 500 Volatility…
The uptrend has yet to end, but I traded FAZ as the financial sector faltered this afternoon. Though the above chart doesn’t show it, there is a good deal of resistance in the S&P 500, and some horizontal consolidation could be in the works. Investors should remain cautious due to the meager number of rising…
I’ve been doing a great deal of day dreaming and wishful thinking these past weeks. So I figured I’d try making some visualizations of my thoughts. Aside from depicting an S&P 500 in a short uptrend approaching resistance, this graphic has some other interesting things. Imagine all of the financial data you interact with, and…
Calling bottoms ain’t all that easy, that’s why I watch percents and volatility. As stocks rise and volatility falls, this chart moves up and is good for the longs. The first X we’ve seen in a month, the bulls have momentum, I’m in the run. The news will confound you, GE’s ratings and all, but…
Today’s action was pretty intense. What does it mean for the SPX? Trade with caution, the trend is down. I’m buyin’ stocks ’cause sellers ain’t ’round. Volatility dropped, more stocks rose. This is a good sign to dip in your toes. Danger abounds, investors beware. Traders rejoice, reversion is here. Potential SPY resistance and support…