The S&P 500 Bullidex formed a new high as it rose 4.05% to close at 308, indicating an increase in the number of rising stocks relative to volatility. Although the S&P 500 has yet to trade above the September 2008 level, the Bullidex shows internal strength comparable to May 2008. With volatility making lows and…
The S&P 500 Bullidex rose 3.33% to close at 270, a new high for the year and a big positive sign for the overall market. Volatility continues to fall relative to the percentage of rising stocks, providing an increasingly advantageous environment for speculative investment. There are tons of stocks hitting new highs, many of which…
The S&P 500 Bullidex has resumed an uptrend, signaling decreasing volatility relative to the number of rising stocks. This change implies a bullish market conducive to successful investment. I’m long quite a few stocks, and you should really take a look at the list posted by The Fly here. The economy sucks, unemployment will probably…
Things look grim for the S&P 500 as the Bullidex fell 8.45% to close at 169, breaking the June low. This is a big warning sign to all equity investors as the volatility increases relative to the number of rising stocks, which lowers the probability of successful investment. Bull markets tend to see a reduction…
Despite today’s reversal and positive close in the S&P 500, the Bullidex fell 10% to close at 184. This divergence suggests a weakening uptrend and signals downside risk as volatility increases relative to the number of rising stocks. The month of June was a whipsaw cluster-fuck for my indicator, but that comes with the territory….
Volatility continues to increase relative to the number of rising stocks, indicated by the 17.69% fall in the S&P500 Bullidex. This trend is not conducive to lucrative investment as the probability of buying a good stock and not getting shaken out diminishes. Though there will certainly be up days, the odds favor further deterioration. Staying…
The S&P 500 Bullidex fell 8% to close at 215, ending the 3 month uptrend that began in mid March. This implies an increasingly dangerous market for investors as fewer stocks are rising amidst increasing volatility. Short trades like MTXX and STSI are beginning to pop up, and we’ve come a long way from the…
The S&P 500 Bullidex rose 5% to close at 240, signaling a decrease in volatility relative the percentage of rising stocks. This indicates a favorable environment for investment as the odds of successful speculation are waxing. The upward breakout after a few weeks consolidation is healthy for the bulls as the S&P500 moves above the…
The NASDAQ 100 continues to fair much better than the S&P 500, exhibiting lower volatility with more rising stocks. How long this will last is undetermined, but it is best to wait for a trend change rather than anticipate it. I remain bearish on the S&P 500, and though I’m technically bullish on the NASDAQ…
This post is graphic heavy but the message is clear, increased shorting and liquidity are the modi operandi. Until these charts begin to print X’s, the S&P 500 is not a safe investment. Volatility is increasing relative to the number of strong performing stocks, reducing the odds of successful investment as market breadth wanes unfavorably….