10/21/2009

Small moves dominate



Market Monitor
Market monitor is market breadth
based market timing tool

Current Readings
Market is slowly rolling over.
Big 500 plus negative day will indicate need for caution.
However earnings continues to provide individual stock trades.




Type IndicatorValue Comments




Daily# of stocks up >4% on high volume8216 stocks with 100 million plus dollar volume.(M$V)



Daily# of stocks down>4% on high volume 261
21 stocks with 100 million plus M$V
Second negative breadth day in last 3 days.

Primary# of stocks up >25% in a quarter1737
Primary# of stocks down>25% in a quarter274
Secondary # of stocks up> 50% in a month6There are fewer big moves happening.
Secondary # of stocks down>50% in a month3
Secondary # of stocks up>25% in a month57This shows same thing. Follow through is a problem.
Secondary # of stocks down>25% in a month40
Primary
fast
# of stocks up>13% in 34 days1935
Primary
fast
# of stocks down>13% in 34 days615
MMA+% of stocks in confirmed uptrend61
MMA-% of stocks in confirmed downtrend 16
10 day
cumulative
breadth
ratio
#of stocks up> 4% in last 10 days/
#of stocks down>4% in last 10 days
1.98








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