Chaikin Analytics Power Users
  • About Chaikin Analytics
  • Trading Meeting Videos
  • Subscribe to Chaikin
  • Market Conditions

January 21, 2019

1/21/2019

0 Comments

 

Macro-Monday

Picture
Click To Enlarge
PictureClick To Enlarge
Our Bull / bear ratio chart shows just how sharply we have have recovered from the December 26th lows.  In that time the bull  / bear ratio has rebounded from .01 on 12/26, to .91 as of today.   Moneyflow has turned positive, however, we remain overbought and price is now outside the upper Vol band.  In todays video we look at not only the overbought nature of all the major indices, but also the oversold positions of GLD, TLT and similar negatively correlated tickers suggesting a pullback or sideways move in the broader market. 

Picture
The sector bull / bear ratios are also improving, however they are suggesting a mostly defensive recovery as XLU and XLV remain in among the strongest bull / bear ratios.  Financials had a strong week on the heels of mostly strong earnings.   Visit our Market Conditions page to see all of these metrics updated weekly. 

Also in our meeting today, we examined a possible XLY trade using a long diagonal call spread.  This trade looks to benefit from selling premium against a long-dated in ITM call. 

You can watch todays video HERE
0 Comments



Leave a Reply.

    14 Day Free Trial
    Learn to Trade With Market Scholars
    Oversold Buy Test Results
    Options Trading Results

    Archives

    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016

    RSS Feed

Proudly powered by Weebly