99 replies to this topic

[dTraderB]

https://www.marketin...llan-oscillator

 

and 

 

https://www.marketin...ine-volume-line

[dTraderB]

as is the case of overbought or oversold, this Index can levitate at extreme levels for days, weeks, months.... 

NAAIM Exposure Index

The NAAIM Exposure Index represents the average exposure to US Equity markets reported by our members.

The green line shows the close of the S&P 500 Total Return Index on the survey date. The blue line depicts a two-week moving average of the NAAIM managers’ responses. 

It is important to recognize that the NAAIM Exposure Index is not predictive in nature and is of little value in attempting to determine what the stock market will do in the future. The primary goal of most active managers is to manage the risk/reward relationship of the stock market and to stay in tune with what the market is doing at any given time. As the name indicates, the NAAIM Exposure Index provides insight into the actual adjustments active risk managers have made to client accounts over the past two weeks. ,306.51 Aug 12, 2020 3,380.35 Aug 19, 2020 3,374.85

 

 

This week’s NAAIM Exposure Index number is:
100.13

Last Quarter Average
65.79

http://www.naaim.org...exposure-index/

Edited by dTraderB, 22 August 2020 - 09:14 AM.

[dTraderB]

Some of these are archaic and not as important as before .. people usually write what I just wrote either at extreme market levels or in abnormal markets or when confused and trying to make sense out of abnormality  LOL

 

https://www.nasdaq.c...vity/isee-index

[dTraderB]

 

Liz Ann Sonders

@LizAnnSonders

 

 

 

Active investors’ equity exposure at highest level in > 2 years

@SoberLook

@Refinitiv

@MorganStanley

[dTraderB]

(((The Daily Shot))) Retweeted

 

 

 

Gregory Daco

 

@GregDaco

 

Record leveraged loan issuance led by unsecured high yield

 

Lev Borodovsky

 

@thedailyshot

·

Aug 21

 

A record percentage of US lenders tightened approval standards on credit cards. Will credit card charge-offs gap higher? https://thedailyshot.com/2020/08/21/sentiment-among-republicans-and-democrats-diverges-sharply/…

[dTraderB]

Good stuff at Helene, weekly updated completed, outa here: 

Helene Meisler

 

@hmeisler

·

15m

 

Dollar Index. 94 is a big deal.

Yield on Five Year. Pretty big level just overhead

 

Nasdaq McClellan Summation Index -- cross dowb

 

Here's an interesting one h/t

@sunchartist

 

[dTraderB]

Helene Meisler

 

@hmeisler

·

56m

 

Citi Panic Euphoria still Euphoric. Last time it was this high for this long was 1999-2000

 

 

 

#SPX | Bears Are Going Extinct in Stock Market’s $13 Trillion Rebound - Bloomberg *Link: https://bloom.bg/2YFoSCz

 

 

Sunchartist

 

@sunchartist

·

9h

 

$DXY weekly Bull hammer. Daily bullish engulfing day

https://twitter.com/sunchartist

[da_cheif]

?

>throw out TA<     WHY ....IT GOT ME THIS FAR

[Rogerdodger]

.

Bears Are Going Extinct in Stock Market’s $13 Trillion Rebound

After a five-month, uninterrupted rally, the market is starting to show signs of fatigue. While the S&P 500 rose in four of the past five days, none of the gains topped 0.5%.
“It felt more like a lack of desire to sell rather than enthusiasm to buy except for some select rotating pockets of the market that are still attracting speculators,” said Andrew Adams, a strategist at Saut Strategy. “We will just have to see if the S&P 500 hitting new highs wakes the market up and entices some new buyers to enter.”

 

 

Looks like a brand new paint job...right over the termites.

 

Mike Burk:

This is a bizarre chart showing UV crashing, while the SPX is hitting a new high. A sign of the times.

Edited by Rogerdodger, 22 August 2020 - 02:47 PM.

[dTraderB]

From Hamzei:
Advance-Decline Line has been in trouble since June 8th



SKEW (S&P Tail Risk) is putting an M since July 1st, meaning, secondary DOTM (deep out of the money) SPX PUT buying by the big boys, has picked up steam all this week.



Last two times this happened (midAug2018 & midDec2019), were not M formations rather, they were simple peaks, and you saw what happened two months forward.



With all the issues on the table: Elections Chaos, COVID19 & 20 (new model is coming to a showroom near you!!), EPS Season, Hurricane Season, Jobless Claims, NFP & GDP data, VIX Futures and SKEW charts suggest that we may be sailing into a perfect storm shortly.





So, batten down the hatches & make sure you have some insurance for your long term holdings as the market timing is everything in these high volatile months