Best statistic I read is that Bloomberg reported Hedge Funds were up .2% at the end of January, while theS&P 500 (SPY) was up 4.4%. The low volume certainly speaks to that. As the island top from July inSPY is …
Why swing trading small ATRs makes most sense
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Inside, low volume day in S&P 500 (SPY) and Russell 2000 (IWM). NASDAQ (QQQ) breaks Friday's low by 2 cents intraday, closing just about unchanged.
S&P 500 (SPY) Has to clear the July 21st low (134.88) the only nagging concern …
Good study in how you never know the one that gets away
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On July 7th, S&P 500 made an island top, then after a substantial dump, ran back up to 134.82 on July 21st which was the last gasp before the selloff to 110. I begin with this information since these legendary …
No seriously, last February 2nd was an inside day in S&P 500 and so was today?? I mentioned the Groundhog Day theory more in jest last night but with history repeating itself so handily; perhaps it's worth rewriting what ensued …
Establishing swings on strength and weakness
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We did not have to wait very long for the answer to last night's question after the Golden Cross-digestion and rally or game over? We love instant gratification, especially when positioned on the right side of the trend. Tomorrow the …
How to use HotScans to find trades
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Now that there is the official Golden Cross in the S&P 500 (SPY), we also have to note the two distribution days in volume (a lower close on higher volume than on the preceding day). Furthermore, the volume is light-below …