Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The 10 Top/Bottom S&P 500 Index percent net change performers
By: Thom Hartle | March 4, 2024
• Today (8:33 CST), the 10 top/bottom percent net change performers in the S&P 500 Index.
Read Full Story »»»
DiscoverGold
The 10 Top/Bottom NASDAQ 100 Index percent net change performers
By: Thom Hartle | March 4, 2024
• Today (8:33 CST), the 10 top/bottom percent net change performers in the NASDAQ 100 Index.
Read Full Story »»»
DiscoverGold
AI-generated Buy and Sell Daily Signals
By: Hedgeye | March 4, 2024
• This is free access to our brand-new AI-generated buy and sell signals.
Read Full Story »»»
DiscoverGold
US equity funds saw significant inflows of $7.66 billion over the past week, reflecting investors' optimism in the potential returns of the US stock market
By: Isabelnet | March 2, 2024
• Flow
US equity funds saw significant inflows of $7.66 billion over the past week, reflecting investors' optimism in the potential returns of the US stock market.
Read Full Story »»»
DiscoverGold
S&P 500: The Sell Side Indicator, which tracks Wall Street strategists' equity allocation, increased by 33bp in February. The current level suggests that the S&P 500 may experience positive gains over the next 12 months
By: Isabelnet | March 2, 2024
• S&P 500
The Sell Side Indicator, which tracks Wall Street strategists' equity allocation, increased by 33bp in February. The current level suggests that the S&P 500 may experience positive gains over the next 12 months.
Read Full Story »»»
DiscoverGold
The best performing stocks in the S&P 500 over the last 30 years...
By: Charlie Bilello | March 3, 2024
• The best performing stocks in the S&P 500 over the last 30 years...
Read Full Story »»»
DiscoverGold
THE S&P 500 $SPY IS REBALANCING
By: Evan | March 1, 2024
• THE S&P 500 $SPY IS REBALANCING
Super Micro $SMCI and Deckers $DECK will be replacing Whirlpool $WHR and Zion Bancorporation $ZION in the S&P 500 before the markets open on March 18th
Read Full Story »»»
DiscoverGold
$QQQ Every negative to positive MACD flip since October has sparked a multi-day rally for the Nasdaq...
By: TrendSpider | March 2, 2024
• $QQQ Every negative to positive MACD flip since October has sparked a multi-day rally for the Nasdaq...
Happened again yesterday.
Read Full Story »»»
DiscoverGold
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
By: Hedgopia | March 2, 2024
• Following futures positions of non-commercials are as of February 27, 2024.
E-mini S&P 500: Currently net short 224.2k, up 5.7k.
The last time the weekly RSI at 76.82 was as overbought was January 2020, when the S&P 500 then came under slight pressure but only to rally anew to subsequently peak in February, followed by a five-week, 35.4-percent drubbing. The Covid-19 virus was the catalyst back then for the sell-off. For lack of a catalyst, the current frenzy can go on. But the kind of giddy exuberance as is seen today always ends.
The large cap index is up north of 25 percent from last October’s lows. It is up in 16 of 18 weeks. Caution is warranted. Yet, the monthly RSI at 67.33 is yet to hit 70, which the bulls must be eyeing – at least.
Nasdaq (mini): Currently net long 10.2k, down 15.3k.
One more roadblock bit the dust. The Nasdaq 100 had been stopped at 18000 since February 9th. Friday, the tech-heavy index rallied 1.4 percent to score yet another breakout, albeit mini. For the week, it jumped two percent. This was the 16th up week in 18. From last October’s lows, it is up an insane 30.4 percent – and up 75.6 percent from October 2022. Unreal!
On Friday last week, Nvidia (NVDA) backed off after tagging $824, dropping to $771 this Thursday. By Friday, bulls were testing last week’s high, with the stock closing at $823. This is setting up as yet another opportunity for the stock to push higher. Rightly or wrongly, this has become a go-to stock for now and will help the overall market should it break out.
Russell 2000 mini-index: Currently net short 18.2k, down 6k.
The Russell 2000 had a strong week – up three percent to 2076 – but it is yet to convincingly take out the December 27th high of 2072. Back then, the small cap index stopped at that price after a two-month rally that began at 1634 on October 27th.
Small-cap bulls have an opportunity to at least go attack 2100, which is a measured-move target following a 200-point – between 1900 and 1700 – range breakout on December 13th.
US Dollar Index: Currently net long 2.1k, up 537.
The US dollar index suffered a back-to-back down week, but only nominally this week, down 0.1 percent to 103.80. This follows a weekly spinning top two weeks ago and a shooting star before that. Last week’s could be a hanging man, and this week’s is a doji.
The point is, the chart points to a lot of indecision. Understandably so, as the index has hovered around 103-104, which goes back to December 2016, for several weeks now. Post-Fed pivot on December 13th, it sliced through that horizontal support. It has made a return trip to that level, but reclaiming it is proving difficult for dollar bulls. Odds favor the bears for now.
VIX: Currently net short 40.7k, up 1.6k.
VIX this week gave back 0.29 points to 13.11 – ever so close to a rising trend line from December 12th when VIX bottomed at 11.81; this gets breached at 13. Right here and now, odds favor the bears – volatility bears, that is.
The current lack of momentum for the bulls is highlighted by the fact that the weekly RSI is turning lower at the median.
Read Full Story »»»
DiscoverGold
Just an absolutely brutal time in history to be a tech bear
By: TrendSpider | March 2, 2024
• Just an absolutely brutal time in history to be a tech bear.
Read Full Story »»»
DiscoverGold
$SPX Don’t change a winning team and since no warning levels are broken to the downside we must look higher
By: Intelligent Investing | March 1, 2024
• $SPX
Don’t change a winning team and since no warning levels are broken to the downside we must look higher.
Read Full Story »»»
DiscoverGold
The Share Market Update
By: Marty Armstrong | March 2, 2024
The markets are performing on schedule. The Dow has continued to lead, and we see that the S&P500 has also broken out to new highs. The NASDAQ has failed to follow mainly because 99% of the forecasts broadcast by mainstream media have been calling for the Great Crash since 2022. Mainstream media have prejudiced the little guy.
Constantly, all we have heard is the Fed and rates and how the market has to crash because this has to be a bubble. When I was researching the Greatest Bull Market in History, I had to read all the press, and the market rallied. There, too, the majority kept calling for a crash any day now.
The Dow has been leading the way up, showing that this is being driven by international capital moving in from Europe, Asia, and the Middle East. All the stochastic have remained in a bullish position as well. We are staring into the eyes of not just war but the growing discontent and disbelief of governments in general...
Our Capital Flows Models have continued to show the movement into the USA despite Biden and the insanity of world politics. Clearly, all our indications show that there is deep concern about the war on the horizon outside the USA on top of the decline in confidence in government.
S&P 500 Index (SPX) »» Weekly Summary Analysis
By: Marty Armstrong | March 2, 2024
This market continues to make new historical highs. The last critical cyclical low was Fri. Oct. 27, 2023, which was 90 trading sessions ago. The S&P 500 Cash Index has been in an uptrend for the past 2 days closing above the previous session's high by 0.62%. The broader rally has unfolded over the past 90 days.
Currently, the market is trading in a neutral position on our indicators but it is trading strongly higher up some 1.54% from the previous session low. Our projected target for closing resistance for the next session stands at 518132, we need to close above that target to imply a further advance. Failure to even exceed this intraday warns that the upward momentum is starting to decline. Nevertheless, this session closed below our ideal projection for closing resistance warning that the market which stood at 515163 is forming a high. A break of this session's low of 509416 will warn that we have a potential temporary high in place. Our Stochastics are all still pointing upward while our internal momentum models have also remained in a bullish posture.
ECONOMIC CONFIDENCE MODEL CORRELATION
Here in S&P 500 Cash Index, we do find that this particular market has correlated with our Economic Confidence Model in the past. The Last turning point on the ECM cycle low to line up with this market was 2009 and 2002. The Last turning point on the ECM cycle high to line up with this market was 2022 and 2007 and 2000.
MARKET OVERVIEW
NEAR-TERM OUTLOOK
The S&P 500 Cash Index has continued to make new historical highs over the course of the rally from 1974 moving into 2024. We have elected two Bullish Reversals to date.
This market remains in a positive position on the weekly to yearly levels of our indicating models. Pay attention to the Monthly level for any serious change in long-term trend ahead.
The perspective using the indicating ranges on the Daily level in the S&P 500 Cash Index, this market remains in a bullish position at this time with the underlying support beginning at 509766.
On the weekly level, the last important high was established the week of February 26th at 514033, which was up 18 weeks from the low made back during the week of October 23rd. So far, this week is trading within last week's range of 514033 to 505729. Nevertheless, the market is still trading upward more toward resistance than support. A closing beneath last week's low would be a technical signal for a correction to retest support.
When we look deeply into the underlying tone of this immediate market, we see it is currently still in a semi neutral posture despite declining from the previous high at 514033 made 0 week ago. This market has made a new historical high this past week reaching 514033. Here the market is trading positive gravitating more toward resistance than support. We have technical support lying at 510369 which we are still currently trading above for now.
Right now, the market is above momentum on our weekly models hinting this is still bullish for now as well as trend, long-term trend. Looking at this from a wider perspective, this market has been trading up for the past 8 weeks overall.
INTERMEDIATE-TERM OUTLOOK
YEARLY MOMENTUM MODEL INDICATOR
Our Momentum Models are rising at this time with the previous low made 2022 while the last high formed on 2023. However, this market has rallied in price with the last cyclical high formed on 2022 warning that this market remains strong at this time on a correlation perspective as it has moved higher with the Momentum Model.
Interestingly, the S&P 500 Cash Index has been in a bullish phase for the past 11 months since the low established back in March 2023.
Critical support still underlies this market at 417150 and a break of that level on a monthly closing basis would warn that a sustainable decline ahead becomes possible. Nevertheless, the market is trading above last month's high showing some strength.
Nasdaq Composite Index (COMP) »» Weekly Summary Analysis
By: Marty Armstrong | March 2, 2024
This market continues to make new historical highs. The last critical cyclical low was Thu. Oct. 26, 2023, which was 91 trading sessions ago. The NASDAQ Composite Index Cash has been in an uptrend for the past 2 days closing above the previous session's high by 0.98%. The broader rally has unfolded over the past 40 days.
Currently, the market is trading in a neutral position on our indicators but it is trading strongly higher up some 2.32% from the previous session low. Our projected target for closing resistance for the next session stands at 1649100, we need to close above that target to imply a further advance. Failure to even exceed this intraday warns that the upward momentum is starting to decline. Nevertheless, this session closed below our ideal projection for closing resistance warning that the market which stood at 1630720 is forming a high. A break of this session's low of 1609660 will warn that we have a potential temporary high in place. Our Stochastics are all still pointing upward while our internal momentum models have also remained in a bullish posture.
ECONOMIC CONFIDENCE MODEL CORRELATION
Here in NASDAQ Composite Index Cash, we do find that this particular market has correlated with our Economic Confidence Model in the past. The Last turning point on the ECM cycle low to line up with this market was 2022 and 2009 and 2002. The Last turning point on the ECM cycle high to line up with this market was 2007 and 2000.
MARKET OVERVIEW
NEAR-TERM OUTLOOK
The NASDAQ Composite Index Cash has continued to make new historical highs over the course of the rally from 2009 moving into 2024. Clearly, we have elected four Bullish Reversals to date.
This market remains in a positive position on the weekly to yearly levels of our indicating models. Pay attention to the Monthly level for any serious change in long-term trend ahead.
The perspective using the indicating ranges on the Daily level in the NASDAQ Composite Index Cash, this market remains in a bullish position at this time with the underlying support beginning at 1605490.
On the weekly level, the last important high was established the week of February 26th at 1630224, which was up 18 weeks from the low made back during the week of October 23rd. So far, this week is trading within last week's range of 1630224 to 1592472. Nevertheless, the market is still trading upward more toward resistance than support. A closing beneath last week's low would be a technical signal for a correction to retest support.
When we look deeply into the underlying tone of this immediate market, we see it is currently still in a semi neutral posture despite declining from the previous high at 1630224 made 0 week ago. This market has made a new historical high this past week reaching 1630224. Here the market is trading positive gravitating more toward resistance than support. We have technical support lying at 1607573 which we are still currently trading above for now.
Right now, the market is above momentum on our weekly models hinting this is still bullish for now as well as trend, long-term trend. Looking at this from a wider perspective, this market has been trading up for the past 8 weeks overall.
INTERMEDIATE-TERM OUTLOOK
YEARLY MOMENTUM MODEL INDICATOR
Our Momentum Models are rising at this time with the previous low made 2022 while the last high formed on 2023. However, this market has rallied in price with the last cyclical high formed on 2021 warning that this market remains strong at this time on a correlation perspective as it has moved higher with the Momentum Model.
Interestingly, the NASDAQ Composite Index Cash has been in a bullish phase for the past 11 months since the low established back in March 2023.
Critical support still underlies this market at 1486003 and a break of that level on a monthly closing basis would warn that a sustainable decline ahead becomes possible. Nevertheless, the market is trading above last month's high showing some strength.
The Best and Worst Performing S&P 500 Stocks of February 2024
By: Bespoke Investment Group | March 1, 2024
The average S&P 500 stock rose 3.87% in February even though the index itself was up more than 5%. You can check out the performance of various ETFs across asset classes in February in this post, but below we take a look at the best and worst-performing individual S&P 500 names during the month.
While NVIDIA (NVDA) got a lot of attention (as always) after its most recent blowout earnings report, two stocks outdid the "King of AI" in February: Constellation Energy (CEG) and Ralph Lauren (RL).
Additional big winners in February included 20%+ gainers like Quanta Services (PWR), GE HealthCare (GEHC), Axon Enterprise (AXON) -- the maker of Tasers and video software for police departments, Tapestry (TPR), and Uber (UBER). Other notables include Diamondback Energy (FANG), NXP Semi (NXPI), General Electric (GE), Vulcan Materials (VMC), and Eli Lilly (LLY). And finally, even Disney (DIS) managed to make the list of the 30 biggest winners in February with a gain of 16.17%.
Not everything went up during the month, however. In fact, of the S&P's 500 stocks, 350 were up and 150 were down in February. That's pretty weak breadth for a 5%+ up month.
Below is a list of the 30 S&P 500 stocks that fell the most in February. Notably, three of the five biggest losers were from the Communication Services sector: Paramount (PARA), Charter (CHTR), and Warner Bros. (WBD). Other big blue chips that fell in February include Amgen (AMGN), Adobe (ADBE), Palo Alto Networks (PANW), Comcast (CMCSA), and Deere (DE).
Read Full Story »»»
DiscoverGold
Ex-2020 S&P 500 Flatter Election Year March
By: Almanac Trader | March 1, 2024
But after 4 months of solid gains the market is poised for a modest pullback of maybe 3-6%.
S&P 500 Support: 4800 old ATH.[/img]
Read Full Story »»»
DiscoverGold
$SPY Millions worth of deep ITM calls being added
By: Cheddar Flow | March 1, 2024
• $SPY Millions worth of deep ITM calls being added
These are being opened because there is 0 open interest on the contracts
Read Full Story »»»
DiscoverGold
AI-generated Buy and Sell Daily Signals
By: Hedgeye | March 1, 2024
• This is free access to our brand-new AI-generated buy and sell signals.
Read Full Story »»»
DiscoverGold
S&P 500 Best on First trading Day of March Last 24 Years
By: Almanac Trader | February 29, 2024
First trading days of months have a bullish reputation and March is not an exception. Reviewing the last 24 years of data reveals S&P 500 has the best record, advancing 66.7% of the time with an average gain of 0.35%. NASDAQ is second best based upon frequency of gains, up 62.5% of the time examined with an impressive 0.63% average gain. DJIA has been modestly softer, also up 62.5% of the time with an average advance of 0.27%.
March’s first trading day strength has not been limited to just the last 24 years. Since 1950, DJIA has advanced 50 times in 74 years (67.6%) with an average gain of 0.23%. S&P 500 has been nearly as consistent, up 63.5% with an average gain of 0.24%. NASDAQ has also been a solid performer since 1971, up 33 times in 53 years (62.3%) with a respectable 0.35% average.
Read Full Story »»»
DiscoverGold
Money managers Increased their exposure to the US Equity markets since last week...
DiscoverGold
NAAIM Exposure Index
February 29, 2024
The NAAIM Number
88.99
Last Quarter Average
67.81
»»» Read More…
$SPX Mixed flow after PCE this morning. No directional bias so far
By: Cheddar Flow | February 29, 2024
• $SPX Mixed flow after PCE this morning
No directional bias so far
Read Full Story »»»
DiscoverGold
$QQQ $13+ Million Unusual Call Prints
By: Cheddar Flow | February 29, 2024
• $QQQ $13M+ Unusual Call Prints
These only have 2 weeks until expiration and are above the ask to show urgency
Read Full Story »»»
DiscoverGold
The 10 Top/Bottom S&P 500 Index percent net change performers
By: Thom Hartle | February 29, 2024
• Today (8:36 CST), the 10 top/bottom percent net change performers in the S&P 500 Index.
Read Full Story »»»
DiscoverGold
The 10 Top/Bottom NASDAQ 100 Index percent net change performers
By: Thom Hartle | February 29, 2024
• Today (8:36 CST), the 10 top/bottom percent net change performers in the NASDAQ 100 Index.
Read Full Story »»»
DiscoverGold
S&P 500: In the fourth year of a new President's term, the US stock market tends to regain momentum in Q2 and perform well through to the end of the year
By: Isabelnet | February 29, 2024
• S&P 500
In the fourth year of a new President's term, the US stock market tends to regain momentum in Q2 and perform well through to the end of the year.
Read Full Story »»»
DiscoverGold
AI-generated Buy and Sell Daily Signals
By: Hedgeye | February 29, 2024
• This is free access to our brand-new AI-generated buy and sell signals.
Read Full Story »»»
DiscoverGold
The AAII Investor Sentiment
By: AAII | February 29, 2024
Bullish 46.5%
Neutral 32.2%
Bearish 21.3%
• Historical 1-Year High
Bullish: 52.9%
Neutral: 39.5%
Bearish: 50.3%
Read Full Story »»»
DiscoverGold
S&P 500 Index (SPX): Summary Analysis
By: Marty Armstrong | February 29, 2024
S&P 500 Cash Index closed today at 506976 and is trading up about 6.28% for the year from last year's settlement of 476983. Caution is required for this market is starting to suggest it may now decline on the MONTHLY level.
MARKET OVERVIEW
NEAR-TERM OUTLOOK
The S&P 500 Cash Index has continued to make new historical highs over the course of the rally from 1974 moving into 2024. We have elected two Bullish Reversals to date.
This market remains in a positive position on the weekly to yearly levels of our indicating models. Pay attention to the Monthly level for any serious change in long-term trend ahead.
Focusing on our perspective using the indicating ranges on the Daily level in the S&P 500 Cash Index, this market remains moderately bullish currently with underlying support beginning at 503883 and overhead resistance forming above at 509439. The market is trading closer to the resistance level at this time.
On the weekly level, the last important high was established the week of February 19th at 511106, which was up 17 weeks from the low made back during the week of October 23rd. So far, this week is trading within last week's range of 511106 to 494600. Nevertheless, the market is still trading upward more toward resistance than support. A closing beneath last week's low would be a technical signal for a correction to retest support.
When we look deeply into the underlying tone of this immediate market, we see it is currently still in a semi neutral posture despite declining from the previous high at 511106 made 0 week ago. This market has made a new historical high this past week reaching 511106. Here the market is trading positive gravitating more toward resistance than support. We have technical support lying at 497961 which we are still currently trading above for now.
Right now, the market is above momentum on our weekly models hinting this is still bullish for now as well as trend, long-term trend. Looking at this from a wider perspective, this market has been trading up for the past 7 weeks overall.
INTERMEDIATE-TERM OUTLOOK
YEARLY MOMENTUM MODEL INDICATOR
Our Momentum Models are rising at this time with the previous low made 2022 while the last high formed on 2023. However, this market has rallied in price with the last cyclical high formed on 2022 warning that this market remains strong at this time on a correlation perspective as it has moved higher with the Momentum Model.
Interestingly, the S&P 500 Cash Index has been in a bullish phase for the past 10 months since the low established back in March 2023.
Critical support still underlies this market at 423850 and a break of that level on a monthly closing basis would warn that a sustainable decline ahead becomes possible. Nevertheless, the market is trading above last month's high showing some strength.
Nasdaq Composite Index (COMP): Summary Analysis
By: Marty Armstrong | February 29, 2024
NASDAQ Composite Index Cash closed today at 1594774 and is trading up about 6.23% for the year from last year's settlement of 1501135. Caution is required for this market is starting to suggest it may now decline on the MONTHLY level.
MARKET OVERVIEW
NEAR-TERM OUTLOOK
The historical perspective in the NASDAQ Composite Index Cash included a rally from 2009 moving into a major high for 2021, the market has been in a bearish trend since the high moving into the low in 2022 for a declining trend during that year. The last Yearly Reversal to be elected was a Bullish at the close of 2022.
This market remains in a positive position on the weekly to yearly levels of our indicating models. Pay attention to the Monthly level for any serious change in long-term trend ahead.
Focusing on our perspective using the indicating ranges on the Daily level in the NASDAQ Composite Index Cash, this market remains moderately bullish currently with underlying support beginning at 1591741 and overhead resistance forming above at 1606182. The market is trading closer to the support level at this time.
On the weekly level, the last important high was established the week of February 19th at 1613422, which was up 17 weeks from the low made back during the week of October 23rd. So far, this week is trading within last week's range of 1613422 to 1545165. Nevertheless, the market is still trading upward more toward resistance than support. A closing beneath last week's low would be a technical signal for a correction to retest support.
When we look deeply into the underlying tone of this immediate market, we see it is currently still in a semi neutral posture despite declining from the previous high at 1613422 made 0 week ago. The broader perspective, this current rally into the week of February 19th reaching 1613422 has exceeded the previous high of 1515007 made back during the week of December 25th.
Right now, the market is above momentum on our weekly models hinting this is still bullish for now as well as trend, long-term trend. Looking at this from a wider perspective, this market has been trading up for the past 7 weeks overall.
INTERMEDIATE-TERM OUTLOOK
YEARLY MOMENTUM MODEL INDICATOR
Our Momentum Models are rising at this time with the previous low made 2022 while the last high formed on 2023. However, this market has rallied in price with the last cyclical high formed on 2021 warning that this market remains strong at this time on a correlation perspective as it has moved higher with the Momentum Model.
Interestingly, the NASDAQ Composite Index Cash has been in a bullish phase for the past 10 months since the low established back in March 2023.
The market is trading some 2.02% percent above the last high 1563058 from which we did originally obtain one sell signal from that event established during January. Long-Term critical support still underlies this market at 1316160 and only a break of that level on a monthly closing basis would warn of a break of the current uptrend. At this time, the market is holding and is trading above last month's high as well.
It's hard to be bearish when this many $SPX members are making new 52-week highs every day! 20% on Friday, 14% on Monday...
By: David Keller | February 28, 2024
• It's hard to be bearish when this many $SPX members are making new 52-week highs every day! 20% on Friday, 14% on Monday...
Read Full Story »»»
DiscoverGold
As long as the $SPX stays above the dotted colored warning levels, the Bulls remain in charge, and we can allow for another push higher
By: Intelligent Investing | February 28, 2024
• Our premium members know that as long as the $SPX stays above the dotted colored warning levels, the Bulls remain in charge, and we can allow for another push higher.
Read Full Story »»»
DiscoverGold
NDR's S&P 500 Intermediate Breadth Thrust just triggered!
By: Dinesh | February 28, 2024
• NDR's Intermediate Breadth Thrust just triggered!
12-month forward returns 20-0 with a median gain of 16.55%
Always has occurred in a bull market as well
This is the first for this bull market
Prior signal was May 2020
Read Full Story »»»
DiscoverGold
$NDX - Update. Holding that Re-Entry of the Bear 'Wedge'. Yet failing to get beyond my Arrowed Target for a tap of the Uppr-Parallel...
By: Sahara | February 28, 2024
• $NDX - Update.
Holding that Re-Entry of the Bear 'Wedge'. Yet failing to get beyond my Arrowed Target for a tap of the Uppr-Parallel...
Read Full Story »»»
DiscoverGold
$SPX - Update. Holding outside the Uppr-Band after tapping the Arrowed Target. Still the pot'l for an Overhrow towards 5150-5250 Target Level (I showed prior)...
By: Sahara | February 28, 2024
• $SPX - Update.
Holding outside the Uppr-Band after tapping the Arrowed Target. Still the pot'l for an Overhrow towards 5150-5250 Target Level (I showed prior)...
Read Full Story »»»
DiscoverGold
DJIA and S&P 500 Down 15 of Last 19 on February’s Last Day
By: Almanac Trader | February 28, 2024
Before the market can close the books on February, it still must contend with its historically weak last trading day. Since 1996, the S&P 500 has declined 20 times in 28 years on the last day of February. DJIA and NASDAQ have been just as bearish. Average losses on the last day range from –0.48% by DJIA to –0.39% from NASDAQ. The best gain on the day for the major averages was in 2000 while the worst decline was in 2008.
In the leap years since 1950, DJIA and S&P 500 still lean bearish. DJIA has been down nine times in thirteen occurrences and S&P 500 has declined eight times. Average performance is –0.07% for DJIA and –0.06% for S&P 500. NASDAQ is slightly better in leap years, up five of nine, but down four of the last five. NASDAQ’s average performance is a meager +0.01%.
More recently weakness appears to have only been intensifying as DJIA and S&P 500 have been down nine straight and 11 of the last 12. NASDAQ has tried to buck this bearish trend with three gains in the last four years. Should February’s last day see declines again this year, it could be a solid setup for the historically bullish first trading day of March.
Read Full Story »»»
DiscoverGold
$TQQQ $2+ Million Aggressive OTM Call Sweepers
By: Cheddar Flow | February 28, 2024
• $TQQQ $2M+ Aggressive OTM Call Sweepers
These are opening orders (Vol > OI) and are highly unusual prints, due to their near-term expiration and strike
This ticker is the 3x Bull ETF for $QQQ
Read Full Story »»»
DiscoverGold
AI-generated Buy and Sell Daily Signals
By: Hedgeye | February 28, 2024
• This is free access to our brand-new AI-generated buy and sell signals.
Read Full Story »»»
DiscoverGold
$QQQ $3+ Million OTM Puts
By: Cheddar Flow | February 27, 2024
• $ARKK & $QQQ $3M+ OTM Puts
These are at/above the ask and opening orders
They also both include a near-term expiration
Read Full Story »»»
DiscoverGold
$SPX Mixed Calls/Puts
By: Cheddar Flow | February 27, 2024
• $SPX
Read Full Story »»»
DiscoverGold
The 10 Top/Bottom S&P 500 Index percent net change performers
By: Thom Hartle | February 27, 2024
• Today (8:36 CST), the 10 top/bottom percent net change performers in the S&P 500 Index.
Read Full Story »»»
DiscoverGold
The 10 Top/Bottom NASDAQ 100 Index percent net change performers
By: Thom Hartle | February 27, 2024
• Today (8:36 CST), the 10 top/bottom percent net change performers in the NASDAQ 100 Index.
Read Full Story »»»
DiscoverGold
AI-generated Buy and Sell Daily Signals
By: Hedgeye | February 27, 2024
• This is free access to our brand-new AI-generated buy and sell signals.
Read Full Story »»»
DiscoverGold
$SPY $2.4 Million Short-Duration Puts Hitting the Tape
By: Cheddar Flow | February 26, 2024
• $SPY $2.4M Short-Duration Puts Hitting the Tape
These are likely day-traders attempting to catch an intraday drop
*Above the Ask*
Read Full Story »»»
DiscoverGold
What Are the Markets Telling Us?
By: Marty Armstrong | February 24, 2024
May is a key target in the Dow. If February remains at a high since we have a Directional Change next week, then it is possible to see a decline into May, and if war breaks out, then the capital flows would shift, and that would turn from Europe to the USA. We still must be concerned about Europe imposing capital controls.
The UK has a slightly different pattern from continental Europe. Germany shows a Panic Cycle in June. But the targets are shaping up as May and July. Blending in gold, January was a high, and Feb has retested support, yet softly. Volatility should rise now going into March, and April 19/20th is the ECM turning point of the Ukraine/Russia War, followed by the main ECM target of May 7th. Here, too, we see rising volatility in gold from May into August, with a Panic Cycle in September and the peak in volatility in November probably related to the 2024 election.
$SPX Back like they never left with Calls
By: Cheddar Flow | February 23, 2024
• $SPX Back like they never left
Read Full Story »»»
DiscoverGold
The 10 Top/Bottom S&P 500 Index percent net change performers
By: Thom Hartle | February 23, 2024
• Today (8:33 CST), the 10 top/bottom percent net change performers in the S&P 500 Index.
Read Full Story »»»
DiscoverGold
The Nasdaq Composite is up nearly 3%, with fewer than 55% of issues advancing
By: Jason Goepfert | February 23, 2024
• Unusual situation developing.
The Nasdaq Composite is up nearly 3%, with fewer than 55% of issues advancing.
All 5 precedents according to SentimenTrader occurred between 1999-2001.
Read Full Story »»»
DiscoverGold
$NDX - Update. We got a Re-Entry to the Bear 'Wedge'.
By: Sahara | February 23, 2024
• $NDX - Update.
We got a Re-Entry to the Bear 'Wedge'.
Yet only just, and it's at an Uppr-Parallel & BB's with a pot'l for a 'Dbl-Top' and no go signal to re-enter long on the Daily SPX Ratio so stay cautious..
Read Full Story »»»
DiscoverGold
March: Historically Solid, but Plagued by Steep Losses in Election Years 1980 & 2020
By: Almanac Trader | February 23, 2024
As part of the Best Six/Eight Months featured in the 2024 Stock Trader’s Almanac, March has historically been a solid performing month with DJIA, S&P 500, NASDAQ, Russell 1000 & 2000 all advancing more than 64% of the time with average gains ranging from 0.7% by Russell 2000 to 1.1% by S&P 500.
March has a mixed track record in election years. Average performance is hammered lower by steep declines in 2020 and 1980. DJIA and S&P 500 have both advanced in 11 of the last 18 election-year Marchs, but the forementioned declines drag average performance to just 0.2% and 0.4% respectively. NASDAQ, Russell 1000 and Russell 2000 are hit even harder due to fewer years of data. Declines in 2020 were the result of the covid-19 pandemic while 1980’s losses can be attributed to surging inflation that peaked at 14.6%.
Read Full Story »»»
DiscoverGold
AI-generated Buy and Sell Daily Signals
By: Hedgeye | February 23, 2024
• This is free access to our brand-new AI-generated buy and sell signals.
Read Full Story »»»
DiscoverGold
Followers
|
178
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
67938
|
Created
|
06/10/03
|
Type
|
Free
|
Moderators DiscoverGold |
:::::::::::: Welcome to S&P 500 & Nasdaq Analysis and Trends :::::::::::::
• The purpose of this board is to help others with Short & Long term S&P 500 & Nasdaq analysis and direction.
• This is strickly an educational board helping traders to learn market direction, swing and bottom trading.
• I ask that everyone respect opinions on the board whether you agree with them or not. We are all here to make money and avoid the
minimum loss we can.
Rules of the Board
Most of this board's WATCHERS are "lurkers" who appreciate info available without the need to sift through tons of "empty" posts.
1. Respect everyone opinions on trades.
2. No Pumping of Stocks.
3. No OTCBB or PINK STOCKS
*********************************************************************************************************
To help us evaluate our performance, please "BoardMark" the board if you find it useful.
To do so, just click on "Add to Favorites" Button at Right just above the Posts Dates.
*Information Posted on this Board is not Meant to Suggest any Specific Action, But to Point Out the Technical Signs That Can Help Our Readers Make Their Own Specific Decisions. Your Due Deligence is a Must.
EXCHANGE TRADED FUNDS~ETFs COMPONENTS~RSI and I/V charts#msg-5495097 COMPONENTSFOR ^NDX / QQQQ ~ I/V charts #msg-9787995
Gold~ Silver~ HUI~ XAU~ US$~ €uro~ Crude #msg-29347660 (thanks,bob)
Cookies/Bandwidth/Security/Privacy #msg-9353921 PIEs/Cookies/Macromedia/Flash #msg-9412363 PerformanceTips for WinXP #msg-9854670
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |