Stock Market Predictions and News

[Stock Trading Guru]

Prediction for March 16 2015 shows lots of uncertainty in the market but the real thing that got me was the institutional trader selling detected on the TICK.

The TICK, if you already know this then sorry, is +1 for a buy order and -1 for a sell order. Most institutional trader activity tools are fake. Even looking at level II is not very helpful because fake orders are entered then cancelled milliseconds later to mask activity. In any event, the TICK is used to "suggest" institutional trader activity because when institutional traders buy (or sell) across many sectors, market makers have trouble matching up a buy order with a sell order and hence the TICK closes outside the -600 to +600 range. On days that happens, you then look at the best (or worst) performing sectors for that day to get a guess at what institutional traders are doing.

Using this less than perfect method, the TICK detected institutional selling on both Tuesday March 10, and Wednesday, March 11, 2015. On both days, the sectors that sold off where bearish. This by itself doesn't mean that the market is going to sell off next week but I think what is somewhat surprising is institutional traders are talking a very bullish scenario over the mainstream financial media.

In this week's show, I talk more about this:

Full report: Stock Market Prediction For Week of March 16 2015