How to analyse the market daily

Type	Indicator	Value
Daily	# of Stocks Up >4% on high volume	317
Daily	# of stocks down >4% on high volume	127
Primary	# of stocks up >25% in a quarter	2918
Primary	# of stocks down >25% in a quarter	376
Secondary	#of stocks up >50% in a month	77
Secondary	#of stocks down >50% in a month	3
Secondary	#of stocks up >25% in a month	406
Secondary	#of stocks down >25% in a month	27
Primary fast	MM 34/13 +	2899
Primary Fast	MM 34/13 -	529

• Above data tells you about major moves in the market. 
• It was a 300 plus positive breakout day. 127 stocks were down 4% plus on high volume. So daily breakout breadth was positive.
• But if you look underneath the surface a correction in some stocks is in progress. 
• At the same time new sectors which have not participated so far in this rally are breaking out. 
• Shipping, coal and oil and gas stocks saw some new breakouts.
• As these sectors are at beginning of move getting in to them may be less risky.
• So this correction is so far looking orderly with sector rotation as theme. 
• If you look at the top 25 4% breakout by dollar volume MS , POT, and DRYS were top 3 breakouts.

• If you look at top 25  4% breakdown by dollar volume you will see MA, AOC, and HIG were top 3 breakdowns. 

• You can also sort these breakout list by sector to get idea of which sector are dominating the list.
• You can sort these lists by distance from 6 month high. That tells you whether buying or selling  is of stock near high or low.
• I also religiously look at every stock in the scan # of stocks up 50% plus in a month. That tells you a lot about what makes a stock make a 50% plus move and what to look in a stock likely to go up big next time or to find explosive move.

• If you see the list of stocks up 50% plus in a month currently you will see lot of large caps are also making it to the list. That tells you lot of money is flowing in in to this market.
• You can sort the list by float, distance from six month, Kirkpatrick P/S ranking, relative strength ranking , etc. that helps you  understand what kind of stocks are moving up.
• If you sort the list of stocks from the scan # of stocks up 25% plus in a month by Price Percent change  5 day . It will show you stocks which are having a 5 day pullback after a big move in a month. 

• These kind of detailed look at component of Market Monitor , if you do it daily, gives you a good feel for the market and actionable buy and sell ideas. 
• Besides this I look at Top 10 sectors by IBD ranking in IBD sector tables. 
• I look at top 10 sectors by MDT ranking.
• I also look at Top 25 stocks by MDT ranking.
• If you set up your Telechart tabs properly all these things take you just 10 to 15 minutes to do.
• If you do this regularly then you are always on top of the market and often see emerging market moves before they can hurt you or benefit you.