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Daily Advance/Decline (AD) Sentiment Report
(100% mechanical)
Summary
Detailed Report
3 days delay
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S&P 500 |
NASDAQ 100 |
DJI |
Russell 2000 |
NYSE |
S&P 500 Sentiment Report -
11/16/2009
Based on volume and advance/decline indicator of the S&P 500 basket
Previous trading day (11/13/2009) outlook: 55%
Up and 45% Down.
The S&P 500 index advanced 1.45% today.
Winning issues topped declining stocks by a margin of 21 to 2 (an A/D issues ratio of 10.51). The corresponding ratio for volume readings was characterized by a less positive sentiment, as winners topped losers by the lower margin of 11 to 2 (an A/D volume ratio of 5.51).
This significant (TRIN=1.91)divergence between the two ratios reveals that, declining stocks were being traded much more actively than advancing issues. The average volume traded per declining stock was 130,182.63 M; in contrast, the average volume traded per advancing stock amounted to only 68,238.18 M.
The day’s highest values (an A/D issues ratio of 44.09 and an A/D volume ratio of 58.42) were noted around 9:40 EST. By this time, the index had gained about 0.00%.
The session’s data reveals that overall market sentiment was strongly positive;
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Next Day S&P 500 Outlook:
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Up |
67%
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DOWN
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33%
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More Detailed Outlook...
(Next day outlook is 100% mechanically
calculated and is based on index reaction to similar market sentiment
occurrences in history back to 1997)
Copyright © 1997-2009 MarketVolume.com: You may not copy, distribute, transmit, display, perform,
reproduce, publish, license, sublicense, create derivative works from, transfer
or sell any of the Information.
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About Daily AD Report:
- The report is
100% mechanical;
- The outlook is
updated daily after the market close (generally by 17:30 EST);
- The report
is generated for the most popular indexes, including the NYSE Composite,
DJI, S&P 500, NASDAQ 100, as well as the Russell 2000.
- After the market
close, our system will:
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Automatically collect Advance/Decline data: Number of
advanced and declined issues, advanced and declined volume,
advance/decline volume and issues ratios, TRIN;
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Perform a historical scan for trading days which
exhibited similar AD data on a closing basis;
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Determine the trend as well as the biggest advances and
declines the following trading day;
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Formulate an outlook for the following trading day based
on similar occurrences using historical AD data.
- The system
analyzes historical data going back to 1997;
- The outlook for
the following trading day is formulated as a percentage - stating a
probability of the market being up or down that day. For instance, an
outlook may state a 60% probability of an up-day versus a 40% probability of
a down-day based on similar AD data in the period between 1997 and the
present.
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QQQQ
Signals
Past 3 Months |
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15%
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32%
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Compound |
Compound
Margin |
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As of 11/20/2009 |
Buy / Sell Trading signals.
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