We The Living
A bounce off lows that doesn’t match the volume of recent carnage is highly suspect. Measuring the volume behind moves is at the core of our strategy. Volume patterns often lead the price action. It Read More …
Tag: distribution
Bear Shows Claws
Distribution, that’s institutional grade selling evident by a down day on the indexes with higher volume than the previous day, closed out a session marked by a key Fed announcement. It would appear the markets Read More …
Spanking Good
The Bears delivered Friday with a fresh round of heavy selling, sending shares down into the weekend as the world awaits resolution with the Greek debt crisis. Another round of Distribution marks the charts. For Read More …
Nadamooch
Guy I knew a ways back in my Chicago days always used to say “nadamooch” when asked what was up. Most of Thursday’s action was just that, pretty sleepy. But clear distribution for the Nasdaq Read More …
The Heavies
We had another day of Distribution on the major indexes to kick off a holiday shortened week. Continued institutional-grade selling has us cautious. We might expect to see another round of lows in the coming Read More …
The trouncing lingers…
The market didn’t like Treas. Sec. Geithner’s stimulus plan. Whether it was lack of details or a ‘sell the news’ scenario doesn’t matter. The fact is Tuesday’s heavy selling from instituitions sticks out like a Read More …