spiralcalendar.com » Market Internals

Potential

ChrisC — Tue, 15 May 2012 22:18:16 +0000

The ingredients for an S&P low are present.

You must be subscribed to the Calendar Level, Premium Level to see the remainder of this post.

About That Money Pump

ChrisC — Wed, 25 Apr 2012 18:48:08 +0000

I am increasingly convinced that the monetary efforts of the central banks are overriding the natural cycles and whatever other forces normally determine the course of financial market prices. My own proxy for this central bank “money pump” is a smoothed sum of the FED’s balance sheet and 20% of the ECB’s balance sheet converted to cdollars. This pump proxy is shown below compared to both the S&P 500 and gasoline futures prices for the past six plus momths.

One gets the feeling that the cost getting gas prices to come down for the election might be a stock market collapse. It appears that the Barry & Bernank show will have to make a choice; do they want lower gas prices, or an inflated stock market?

I’m going to show this proxy money pump chart regularly for subscribers, as I now think this is critical information for guaging the trend of the market now.

click chart to enlarge

Back on Manual

ChrisC — Mon, 30 Jan 2012 21:15:11 +0000

A rather nasty computer issue has me temporarily suspending video commentary. I’m back in manual mode today, but hope to have videos back midweek.

You must be subscribed to the Calendar Level, Premium Level to see the remainder of this post.

A Low?

ChrisC — Tue, 06 Sep 2011 16:56:16 +0000

With a Spiral Calendar date present, does today’s intra-day strength signal a bottom forming?

You must be subscribed to the Premium Level to see the remainder of this post.

Internal Deterioration

ChrisC — Thu, 20 Jan 2011 00:21:46 +0000

Here’s a set of charts of various market internals for U.S. stocks.

You must be subscribed to the Calendar Level, Premium Level to see the remainder of this post.

Suppression

ChrisC — Wed, 25 Aug 2010 23:10:41 +0000

There’s an odd tendency to the VIX trading during the trading day lately. The VIX most days drops during the day, even the VIX is rising overall.

You must be subscribed to the Calendar Level, Premium Level to see the remainder of this post.

The Fed vs. the Volume

ChrisC — Tue, 24 Aug 2010 16:52:54 +0000

Today’s tape tells a tale.

You must be subscribed to the Premium Level to see the remainder of this post.

Internal Bleeding

ChrisC — Fri, 30 Jul 2010 13:05:39 +0000

Here are the three charts of market internals I referenced last evening but did not have access to.

You must be subscribed to the Calendar Level, Premium Level to see the remainder of this post.

Volume Tells the Story

ChrisC — Mon, 28 Jun 2010 17:25:05 +0000

Once again, the picture tells it all.

The S&P eMinis are 5 points above their low for the day. The volume oscillator however is making new lows on the day. This indicator isn’t foolproof, but it works more than 75% of the time.

When Volume Speaks

ChrisC — Thu, 24 Jun 2010 18:26:15 +0000

I listen.

You must be subscribed to the Premium Level to see the remainder of this post.