Quantifying Market Negativity
Filed Under Market Commentary |
How? No idea yet, but the thought just came to me while watching Sports Center. It will be based on the divergence of % return of the overall market to the amount of negativity. Further the divergence, the greater return in the market. Basically, the higher the wall of worry the greater return in the market.
HILO continues to be strong, small caps still are outpacing the large, seemingly immovable large caps.
NCTY / HOM / RACK / FTO / CYBS
Continue to outperform in the Buy list. IKAN is the only loser here.
Good luck trading!
Last 5 posts in Market Commentary
- Resistance is Proving to be Too Great for Major Indexes - August 19th, 2008
- Stocks Reversed from Highs in Lackluster Trade - August 16th, 2008
- Low Volume Rally as NASDAQ Retakes a Key Moving Average - August 15th, 2008
- We Are Severely Overbought and the Global Slowdown is Beginning to Show its Face - August 13th, 2008
- Proceeding With Caution, This Market is Shaky at Best - August 12th, 2008
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