Author Archives:

S&P 500 Has Just Broken Another Record

As several bloggers have already reported, the S&P 500 has stayed above its 5-day moving average for an unusully long period of time. Yesterday, the record of 26 days registered on March 3, 1986, was broken. Price action strength is … Continue reading

Posted in Market Statistics, Technical Analysis | Tagged , | Comments Off

Quantitative Analysis of the Gap Up Pattern in SPY on November 21, 2014

SPY gapped up on Friday but then closed lower than the open. The profit taking that took place after the open has prompted some to wonder whether this pattern is a bearish signal. Quant analysis shows that this pattern showed up frequently … Continue reading

Posted in Quantitative trading | Tagged , , , | Comments Off

Expectation Divergence Amidst High Strength

Stock market strength is high and this fact cannot be denied. But there are certain important divergences. Could it be that this is a “weak rally” versus a “strong rally”? Dip buyers show up after almost every lower opening but … Continue reading

Posted in Market Statistics, Technical Analysis | Tagged , | Comments Off

The Tightest 6-Day Closing Range in 50 Years in the S&P 500

The change from highest to lowest S&P 500 close in the last 6-days is 0.151%. In the last 50 years, such a tight closing range of has been observed only once. This is a result of the volatility crash. Share

Posted in Market Statistics | Tagged | Comments Off

This Has Only Occurred 13 Times in the Last 54 Years

The S&P 500 index rose a little less than 0.007% in the last three days. Since January of 1960, there have been 7,587 positive 3-day changes but only 13 were less that 0.007%. The last one was during last September, near the start … Continue reading

Posted in Market Statistics | Tagged | Comments Off