Tag: BPSPX

S&P 500 Bullidex ($SPY)

March 19, 2009 March 19, 2009 By charlie In , , , 2 Comments

S&P 500 Bullidex ($SPY)

The facts are on the charts, the trend higher continues. What more can I say?

March 18, 2009 March 18, 2009 By charlie In , , , Comments Off on S&P 500 Bullidex ($SPY)

S&P 500 Bullidex ($SPY)

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…

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March 17, 2009 March 17, 2009 By charlie In , , 3 Comments

S&P 500 ($SPY) Breadth and Risk

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…

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March 16, 2009 March 16, 2009 By charlie In , Comments Off on S&P 500 ($SPY) Breadth and Risk

Interface Prototype for $SPY

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…

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March 16, 2009 March 16, 2009 By charlie In , , 4 Comments

S&P 500 Bullidex

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…

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March 12, 2009 March 12, 2009 By charlie In , , Comments Off on S&P 500 Bullidex

S&P 500 Analysis

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…

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March 10, 2009 March 10, 2009 By charlie In , , 3 Comments

S&P 500 Analysis

The S&P 500 took a beating today, and there is no sign of an end to the selling. Volatility continues to increase amidst a declining number of rising stocks. Priced in 10Y T-Bills, the SPX is making a waterfall with no noticeable support to stop it. There is no reason to call a bottom in…

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March 5, 2009 March 5, 2009 By charlie In , , , Comments Off on S&P 500 Analysis

Market Glance

The 5 least correlated positive return ETFs show numerous markets cracking critical support and making new lows. S&P 500 indicators are bearish across the board. The market remains fahklempt, buyers beware.  The only positive things I see are emerging markets holding above the November lows, and Treasuries failing to make new highs, despite ominous news…

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March 4, 2009 March 4, 2009 By charlie In , , , , , , , , , , , Comments Off on Market Glance

Interfestering Data

My Internet is terrible, and thus this post is gonna be short and sweet.  Despite today’s fall in the S&P 500, my Bullidex chart has begun printing a new row of X’s.  This is a bullish signal, indicating a decrease in volatility and and increase in the % of rising S&P 500 stocks.

February 25, 2009 February 25, 2009 By charlie In , Comments Off on Interfestering Data