S&P 500 Weekly Volume Dollar Liquidity: October-21-2016

Posted on Posted in Equity Markets
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Stocks are consolidating and the S&P 500 (SPY) is undergoing a minor pullback at the moment. As long as it maintains support at the current price levels, there is no serious cause for alarm. Much of that will depend upon third quarter earnings reports and how the market responds. Some of this week’s volume radar alerts are highlighted  below:

  • If you can show investors the money, then the market is willing to show stocks the money too. Two examples of this were Netflix (NFLX) and Microsoft (MSFT), which both benefited from price gains on extreme surges in volume dollar liquidity vs. their weekly averages.
  • Then again, sometimes reporting beating expectations is not good enough, as was the case with International Business Machines (IBM), which could be challenged by gross margins and free cash flow going forward.
  • Missing earnings estimates and coming under unusually heavy selling pressure resembling signs of capitulation was Intel Corp (INTC).
  • Time Warner (TWX), which received a surprised takeover bid from AT&T (T) saw its weekly volume liquidity more than double.
  • Proctor & Gamble (PG) exhibited signs of more potential downside as it broke its uptrend  on lower contracting volume. Support for P&G, which reports earnings next week, is @ $80.60-$79.50.

Signing off @ Hillbent…

Top 20 Weekly Volume Dollar Liquidity

RS Close 5D% Vol$ (x 1mm) Vol$% S&P 500 Components % vs 50MA % vs 200MA
89 127.50 25.65% $14,671.2 201% Netflix Inc (NFLX) 27.17% 31.36%
79 116.60 -0.88% $13,535.0 -32% Apple Inc (AAPL) 4.52% 13.49%
92 818.99 -0.48% $11,343.1 6% Amazon.Com Inc (AMZN) 3.13% 19.71%
94 59.66 3.90% $11,302.1 65% Microsoft Corp (MSFT) 3.70% 10.65%
100 132.07 3.28% $9,576.1 -5% Facebook Inc (FB) 3.54% 13.43%
80 16.67 4.19% $7,170.5 7% Bank of America Corp (BAC) 6.04% 16.82%
70 35.15 -6.14% $6,535.6 64% Intel Corp (INTC) -3.54% 7.03%
96 824.06 2.42% $6,442.7 20% Alphabet Class A (GOOGL) 2.60% 9.09%
97 799.37 2.68% $6,309.3 34% Alphabet Class C (GOOG) 2.89% 8.70%
78 53.78 13.77% $6,124.4 294% Reynolds American Inc (RAI) 10.61% 8.14%
87 89.48 12.48% $6,074.4 234% Time Warner Inc (TWX) 13.28% 20.37%
45 37.49 -4.41% $6,038.8 39% AT&T Inc (T) -7.29% -4.94%
32 28.98 0.31% $5,481.1 19% General Electric Company (GE) -3.82% -4.26%
12 45.09 0.85% $5,322.8 -21% Wells Fargo & Company (WFC) -3.84% -6.41%
60 113.44 -3.50% $4,885.5 28% Johnson & Johnson (JNJ) -4.45% -0.11%
68 149.63 -3.12% $4,809.8 84% Int’l Business Machines (IBM) -4.72% 0.87%
64 84.33 -4.64% $4,756.7 -58% Procter & Gamble Company (PG) -3.97% 0.80%
97 68.49 1.44% $4,476.3 -5% JP Morgan Chase & Co (JPM) 2.41% 9.58%
34 48.20 -4.14% $4,165.5 28% Verizon Communications Inc (VZ) -6.90% -7.09%
27 230.47 1.28% $4,091.8 4% Allergan Plc (AGN) -3.79% -8.05%

 

Top Volume Dollar Percent Change Increases

 RS Close 5D% Vol$ (x 1mm) Vol$% S&P 500 Components % vs 50MA % vs 200MA
78 53.78 13.77% $6,124.4 294% Reynolds American Inc (RAI) 10.61% 8.14%
87 89.48 12.48% $6,074.4 234% Time Warner Inc (TWX) 13.28% 20.37%
89 127.50 25.65% $14,671.2 201% Netflix Inc (NFLX) 27.17% 31.36%
76 82.81 8.73% $1,399.7 198% Hasbro Inc (HAS) 3.22% 3.01%
72 97.25 1.56% $1,103.8 180% Varian Medical Systems (VAR) 0.65% 13.58%
65 29.06 -8.87% $3,837.5 137% Ebay Inc (EBAY) -8.15% 9.04%
80 678.02 -5.16% $2,068.5 136% Intuitive Surg Inc (ISRG) -2.89% 6.69%
92 122.99 5.30% $1,106.5 124% Rockwell Automation Inc (ROK) 4.88% 9.89%
63 79.75 -3.76% $1,261.3 118% Omnicom Group Inc (OMC) -5.12% -1.68%
83 85.20 1.87% $1,066.8 109% Citrix Systems Inc (CTXS) -0.41% 6.05%
69 67.36 11.99% $3,130.8 108% American Express Company (AXP) 5.07% 8.75%
62 158.57 7.63% $754.7 106% Snap-On Inc (SNA) 4.76% 2.36%
84 60.01 1.56% $1,161.7 102% Linear Technology (LLTC) 1.95% 22.22%
48 90.59 -7.57% $632.7 94% Genuine Parts Company (GPC) -9.15% -5.75%
83 32.75 8.80% $993.5 92% Mattel Inc (MAT) 2.60% 3.57%
73 90.37 -6.68% $3,209.4 91% Union Pacific Corp (UNP) -5.02% 4.76%
95 56.37 13.12% $1,166.5 91% Harley-Davidson Inc (HOG) 7.72% 18.50%
97 51.46 6.32% $875.0 85% Comerica Inc (CMA) 8.82% 22.47%
68 149.63 -3.12% $4,809.8 84% International Business Machines (IBM) -4.72% 0.87%
74 102.24 -4.52% $857.5 82% Moody’s Corp (MCO) -4.94% 4.19%

 

Top Volume Dollar Percent Change Decliners

RS Close 5D% Vol$ (x 1mm) Vol$% S&P 500 Components % vs 50MA % vs 200MA
59 13.70 -0.36% $45.3 -64% News Cp Cl B Cmn ST (NWS) -3.59% 6.04%
45 230.52 -0.88% $1,190.3 -62% Lockheed Martin Corp (LMT) -4.80% -1.64%
22 67.93 -1.52% $713.5 -59% Dollar General Corp (DG) -9.03% -16.64%
64 84.33 -4.64% $4,756.7 -58% Procter & Gamble Company (PG) -3.97% 0.80%
60 73.37 0.99% $276.3 -54% Tiffany & Co (TIF) 3.19% 9.38%
9 80.01 -1.28% $314.0 -53% Signet Jewelers Ltd (SIG) -2.01% -18.13%
76 95.27 2.03% $789.6 -52% Wynn Resorts Limited (WYNN) -2.70% 5.79%
60 102.07 -0.04% $1,007.1 -51% Monsanto Company (MON) -2.22% 3.54%
60 95.68 1.02% $393.8 -51% Digital Realty Trust (DLR) -1.32% 2.73%
68 77.47 -0.21% $548.8 -50% Skyworks Solutions (SWKS) 3.83% 12.02%
88 82.20 1.66% $220.4 -50% Albemarle Corp (ALB) 0.92% 14.64%
83 178.78 0.67% $293.3 -50% Cooper Companies (COO) -2.08% 10.07%
73 73.62 0.05% $223.6 -49% Motorola Solutions (MSI) -2.80% 3.69%
87 407.23 0.15% $332.0 -49% Mettler-Toledo International (MTD) 0.08% 11.10%
15 20.81 4.78% $319.4 -48% Endo Int’l Plc (ENDP) -1.23% -25.01%
85 86.43 0.03% $714.2 -47% Deere & Company (DE) 2.69% 6.39%
46 67.14 -0.46% $688.3 -47% Marriot Int Class A (MAR) -3.38% -0.89%
46 134.44 1.35% $633.7 -47% Air Products and Chemicals (APD) -8.46% -5.00%
68 54.70 3.21% $220.6 -47% Qorvo Inc Cmn (QRVO) -1.21% 8.15%
72 68.36 2.47% $406.4 -46% Ventas Inc (VTR) -3.13% 4.54%

 

 

 

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