View From The Hill (Jan-5-2016): Markets Stuck in the Mud

Posted on Posted in Views From The Hill

 

Commentary

bulls-and-bears4

Due to time constraints, there will be no comments. Please see below for the Market Condition summary and other charts and graphs.

 

 

No further comments…

 


Performance Summary

*Trends: ST = short-term; MT = Intermediate-term; LT = long-term

vfth-performance-1-5-2016
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Market Condition

stuck in the mudDon’t be fooled by today’s price action. Equity markets have not stabilized yet. Although momentum showed signs of being less bearish, market internals remain weak. A significant number of stocks advanced on lower volume (distribution) while the majority of those declining in price did so on lower volume (apathy) as well. We’re still stuck in the mud until either bulls or ears decide to commit in volume.

Hillbent on the Market Direction…

 

Daily Chart Technical Analysis
sp-500-daily-1-5-2016
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Market Breadth
Advancers 311 Decliners 186
New 5-day highs 55 New 5-day lows 103
New 52-week highs 4 New 52-week lows 15
Bullish reversals 25 Bearish reversals 109

 

Market Momentum
% > 20 M.A. % > 50 M.A. % > 100 M.A. % > 200 M.A.
33% 31%
44%
39%
↑ = positive momentum; ↓ = negative momentum; and ↔ = neutral momentum

 


Volume Radar Alerts

  • Vol % = volume percentage greater than average volume
  • SIR = short interest ratio or days to cover
vfth-volume-radar-1-5-2016
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Disclaimer

Hillbent does not provide individualized market advice. The information we publish regards securities in which we believe our readers may be interested and our reports reflect our sincere opinions. Nevertheless, they are not intended to be personalized recommendations to buy, hold, or sell securities. Investments in the securities markets, and especially in options, are speculative and involve substantial risk. Each individual investor should determine their respective appropriate level of risk. It is recommended that you seek personal advice from your professional investment advisor and conduct further independent due diligence research before acting on information published in any of our reports. Most of our information is derived directly from information published by the companies on which we report and/or from other sources we deem to be reliable, without our independent verification. Therefore, we cannot assure the completeness or accuracy of information contained within these reports and we do not in any way warrant or guarantee the success of any action which you take in reliance on our statements. Hillbent.com, Inc. or its affiliates may own positions in the equities mentioned in our reports. We do not receive any compensation from any of the companies covered in our reports.

 

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