Power Gauge Ratios and Market Technicals continue to erode, but in the face of strong Money Flow. The preponderance of the evidence suggests that we may be headed for a few months of sideways chop. We found one short term trade we like. Today's Video
Summer market chop or the start of a market trend reversal? It's Relative Strength Wednesday. We take a deep dive into sector rotation analysis in today's video. Watch Here.
Complete market conditions review and a short term bullish trade we're trying to get filled on today. Watch Video
It's relative Strength Wednesday, our weekly Chaikin-power look at Sector Rotation. Where are we bullish? Where are we bearish and neutral? Watch for for more and see what short terms trade(s) we're taking today. Video Here
Here's a look at the fundamental and technical picture of the market according to Chaikin. Video Here
Here's a link to this week's video on Relative Strength Analysis using Chaikin to determine our directional bias. (Video Here)
In Friday's trading meeting (video here), we performed a multi-time frame sector relative strength analysis. vs. the SPY to help shape our directional opinion of various parts of the market. . As usual, we started with the market itself , assessing its likelihood for further advancement with a check on the Powerbars and moving averages. Then we turned our attention to market sectors. For Powerbars, which are weighted heavily in terms of fundamentals, we look for an aggregate ratio of bullish vs. bearish stocks be be OVER the powebpar ratio of stocks in the SPY to consider any sector bullish.