Posts

Showing posts with the label S&P500

State of Dow Jones - Calendar Week 41 2021

Image
State of Dow Jones - Calendar Week 41 2021 Welcome to the second episode of the blog post series "State of Dow Jones", where we look at the leading US stock index from different perspectives and try to determine how solid the current development is. Technical Chart for Dow Jones Every "State of Dow Jones" blog post should start with the technical chart, so here we go (created on tradingview.com): The Dow Jones overcame the old falling highs and the important resistance at 25 000, now trading at 35 294 points. The index is trading above its SMA 20 again and even went into the upper Envelope band. This means the Dow is slightly overheated and it is likely that the index will show a small pull-back before rising again. The RSI is at 60, three trendlines were identified and crossed during the last trading days. The technical chart provides us with enough confidence to say that the correction might be over and the outlook is neutral, or maybe even slightly bullish. Marke

18th August 2021 S&P500 Dow Jones Nasdaq 100 Market Breadth

Image
  Fed minutes causing drops in major US indices Today's published Fed minutes indicate that there are thoughts about ending the money flood this year instead of next year or the year after. This led to a small sell off. Now, market breadth data - including today's trading day - is interesting. All three major US indices that are listed below - the S&p 500, the Dow Jones and the NASDAQ 100 - reached extreme values for their Advanced vs. Declined data. Usually, if such an extreme is reached, there is at least a small reaction in the opposite direction. It will be interesting to see on Thursday if the markets realize that today's news weren't so bad at all. Will the markets calm down tomorrow?       S&P 500 Source for market breadth data: advance-decline.net   For S&P 500, the McClellan Summation Index is still in a good place. The short-term indicator McClellan Oscillator, however, is negative the second day in a row. Dow Jones The Dow Jones McClellan Oscillat

Advance Decline Line for S&P500 and more Market Breadth Indicators

Image
Advance Decline Line for S&P500 and more Market Breadth Indicators With this blog post I just wanted to give you a small heads up for our new website advance-decline.net which provides a bunch of market breadth indicators for many indices, including the S&P500 .  On our little indicator dashboard, we currently provide: Historical data for S&P 500 Advance Decline Line for S&P 500 Advanced vs. Declined for S&P 500 McClellan Oscillator for S&P 500 McClellan Summation Index for S&P 500 The strong development of the S&P500 during the last trading days was undermined by market breadth data, which usually means that the ongoing trend is stable and healthy. However, we all know that there are also many tech stocks among the S&P500 components, and they've been struggling with various challenges lately (despite the good earnings season). This makes the S&P500 somewhat vulnerable. Just make sure you thrown an eye on our market breadth data for the S&

Advance Decline Line and Advanced vs. Declined for Dow Jones and Dax and S&P 500 and Euro Stoxx 50 and Nasdaq 100

Image
  Dow Jones Advance Decline Line and Advanced vs. Declined     Dax Advance Decline Line and Advanced vs. Declined S&P 500 Advance Decline Line and Advanced vs. Declined Euro Stoxx 50 Advance Decline Line and Advanced vs. Declined   Nasdaq 100 Advance Decline Line and Advanced vs. Declined   State: 19.07.2021 or 2021-07-19

Advance Decline Line for S&P 500 and Nikkei 225

Image
Advance Decline Line for S&P 500 and the Nikkei 225 Here is the Advance Decline Line and Advanced vs. Declined data for S&P 500 and the Nikkei 225 indices. As usual, I just made some screenshots of my data dashboard which displays my self-generated market breadth data on several stock indices. Advance Decline Line and Advanced vs. Declined for S&P 500   Advance Decline Line and Advanced vs. Declined for Nikkei 225   Access to daily-updated market breadth data (my dashboard) I generated much more market breadth data on several stock indices, however, I do this for my own investment due diligence. I might find a way to post (delayed) data here on this blog or another website automatically so you guys don't have to rely on me posting screenshots all the time. I can't open up my data dashboard here for all of you because the number of requests would require more servers (and thus would cost more money). This is why my data dashboard is private for now. Head over to my P

Market breadth data: Advanced vs. Declined and McClellan indicators

Visualizing the pulse of Financial Markets Welcome to my first post on my new financial blog. It is important to know that everything you read here is just a way of expressing my opinion. Please do not consider it as financial analysis, consulting or buy/sell recommendation. About me and my market observations I do not consider myself a trader or investor. My goal is to find a way to put money into the capital market while reducing risks and anticipating big changes in trends. In my personal investment plan for retirement, ETFs play a huge role. I like passive index fonds because they basically mirror stock indices. Stock indices always represent parts of a market or a whole sector. In contrast to single securities, they represent a bride spectrum of exchange listed companies, and as a "group of stocks" they are less vulnerable to unexpected or extreme price movements. This is why some general rules of analyzing or anticipating price movements apply, and I find it rewarding