View From The Hill: November-11-2015

Posted on Posted in Views From The Hill

Commentary and Performance Summary

bulls-and-bears4Due 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%).

The VIX closed @ 16.05 (+0.76 / +4.97%).

Treasury rates held firm the 10-Yr closed @ 23.38 (+0.16 / +0.69%) and the 30-Yr @ 31.10 (+0.16 / +0.52%).

The US Dollar Index settled  @ 98.90 (-0.28 / -0.28%).

Gold is maintaining support and trading  @ 1084.90 (-3.80 / +0.35%). WTI Crude Oil made a short-term double bottom today and closed @ 42.93 (-0.70 / -1.60%).

The Dow Jones Real Estate Index @ 288.74 (+0.54 / +0.19%) held support at its 55-day moving average for a third consecutive day and the Dow Jones Home Construction Index @ 592.72 (+10.79 / +1.85%) has regained support of its 22 and 55 day moving averages and broken its short-term downtrend.

 


Market Condition

Even though the SP-500 is resilient, the bears are starting to take more ground in their tug-of-war against the bulls. The next big test will be at the 22-day moving average, which if violated could most likely see stocks test the 2050-2052 area for support.

Stay Hillbent for the Market Direction…

 

Daily Chart Analysis

sp500-daily-11-11-2015
Click to enlarge

 

Market Breadth
Advancers 209 Decliners 292
New 5-day highs 64 New 5-day lows 116
New 52-week highs 18 New 52-week lows 21
Bullish reversals 12 Bearish reversals 142

 

Market Momentum
% > 20 M.A. % > 50 M.A. % > 100 M.A. % > 200 M.A.
49% ↓
71% 
49% ↓
47%

 


 Volume Radar Alerts

 

Stocks prices increasing on high volume
Company Price % Chg Vol Surge %
Molson Coors Brewing Co (TAP) 92.19 +4.39% 309%
General Electric Co (GE) 30.67 +1.83% 289%
ADT Corp (ADT) 33.99 +4.42% 257%
Plum Creek Timber REIT (PCL) 46.95 +1.60% 246%
Weyerhaeuser Co (WY) 29.81 +1.95% 118%
Stock prices declining on high volume
Company Price % Chg Vol Surge %
Macy’s Inc (M) 40.44 -13.99% 608%
Kohl’s Corp (KSS) 43.16 -5.35% 206%
Nordstrom Inc (JWN) 62.32 -3.72% 194%
Anadarko Petroleum Corp (APC) 61.01 -3.80% 171%
Boston Scientific Corp (BSX) 63.58 -4.55% 88%

Market Moving Events

Bullish

  • N/A

Bearish

  • N/A

Neutral

  • N/A

 


Notable Earnings

 

Pre-Market (Nov-5-2015)
Company Actual Estimates
N/A N/A N/A
After-Market (Nov-5-2015)
Company Actual Estimates
N/A N/A N/A

 


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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