Our boring but consistent use of Chaikin Analytics to form a market opinion. This is part 1, where we study the fundamental health of the market and major sectors. Wednesday, we'll do our weekly multiple time frame sector relative strength analysis. With SPY nearing overbought and pressing against the upper volatility band, our best short term trade ideas continue to be short. Here's Monday's video.
Today, the our market call based on Chaikin fundamental and technical data officially moves to "market up" with all lights green. That supports the recent breakout to the upside of the S&P's. Because we have had multiple up days in a row, our best Chaikin-inspired trade ideas are to the downside today. Watch the video.
Our complete Chaikin Analytics fueled top-down-market and sector analysis. Despite the market breakout, we came up with one short stock trade idea. Here's this week's video.
A complete top down market analysis using Chaikin Analytics. The data points to mildly bullish conditions with overbought technicals.
A rare relative strength sell signal for the $IWM. Bullish signal for $AFL. A Bearish signal for a beaten down oil services stock. Plenty of trading options today, but the market continues to give us mixed signals. .
Our weekly relative strength analysis of the market through the lense of Chaikin Analytics. Is the data telling us to sell in May and go away?