The S&P 500 closed @ 2172.47 (-2.97 / -0.14%). Volume for the SPY exchange traded fund was -24% less than its average daily trading volume. Declining issues dominated most of the high volume percentage changers. Health Care related stocks such as St. Jude Medical (STJ), Allergen PLC (AGN), Express Scripts (ESRX) and CVS Corp (CVS) […]
The S&P 500 closed @ 2175.44 (-11.46 / -0.52%). Volume for the SPY exchange traded fund was -21% less than its average daily trading volume. There will be no further comments for this evening’s PVA report. You’re welcome and enjoy… (Please see our price volume analysis performance table below.)
The S&P 500 closed @ 2183.87 (-3.15 / -0.14%). Volume for the SPY exchange traded fund was -20% less than its average daily trading volume. There will be no further comments for this evenings PVA report. You’re welcome and enjoy… (Please see our price volume analysis performance table below.)
The S&P 500 closed @ 2182.22 (+4.07 / +0.19%). Volume remains weak as volume on the SPY was -22% less than its average daily trading volume. In terms of market breadth, 190 advancers traded up in price on higher volume vs. 111 stocks advancing on declining volume. Among today’s losers, 136 stocks declined on higher […]
Although today’s stock markets made new highs, volume was weak. The S&P 500’s relative strength was extremely strong at 99 as the benchmark index closed @ 2190.15 (+6.10/+0.28%), but volume for its exchange traded fund, the SPY, was -47% less than its average daily volume. Only five out of the S&P 500’s top twenty volume […]
Below are Friday’s top 20 stocks from the S&P 500 which experienced the largest volume percentage change in terms of volume. Retail stocks continue to dominate the list. (See table below for list of qualifying stocks.)
Commentary The decoupling between equities and energy is becoming more pronounced. Today, WTI Crude Oil fell nearly 3% as Iran refused to concede any production cuts until returning to its pre-sanction level of 4 million barrels per day. In lieu of this, equities barely budged as they await cues from Tuesday’s monetary policy announcement by the […]
Commentary For a moment it looked like equities were beginning to decouple from the movements in crude oil, but the energy commodity still holds plenty of sway with investors. There is no new news regarding crude oil. Everyone who is anyone knows of the oversupply story except for some of the major producers like OPEC, […]
Commentary No comments this evening. Please see summaries below for Performance and Market Condition.
Commentary and Performance Summary Due to a conflict schedule, there will be no comments this evening. The SP-500 has now closed down 5 out of the last 6 trading sessions @ 2075.00 (-6.71 / -0.32%). The Nasdaq-100 finished the day @ 4636.94 (-4.79 / -0.10%) and the Rusell-2000 ended @ 1178.07 (-9.63 / -0.81%).
Market Summary The overall market condition for the S&P 500 equity benchmark index remains neutral or better yet, bipolar. In what proved to be a confusingly volatile week of trading, investors could not decide whether to be bullish or bearish. The net result was very little change in value. Sometimes the best thing to do […]