Volume Analysis Update: Market Stands at Ease The stock market took a much-needed breather this week. After several long weeks of intense combat in the markets, the S&P 500 took a tactical pause this week, marking time within the confines of last week’s battlefield. Volatility retreated as the index closed entirely within the prior week’s […]

Volume Analysis Update: Strong Momentum Low Munitions Once again, the generals, Invesco QQQ Trust (QQQ), led the bullish battalion into the fray, advancing 3.44% as they charged ahead of the rank and file troops, iShares Russell 2000 ETF (IWM), who followed closely with a 3.28% gain. The brass commanders, representing broader leadership, advanced more cautiously: […]

Volume Analysis Update: Marty’s Market Revival The generals, Invesco QQQ Trust (QQQ), resumed command of the battlefield last week, surging ahead by 6.41%, while their lieutenants, SPDR S&P 500 ETF (SPY), and troops, iShares Russell 2000 ETF (IWM), followed closely behind, posting gains of 4.60% and 4.10%, respectively. Meanwhile, the brass commander — the Invesco […]

The Curious Case of the VW Formation In early March, the market’s defenses began to falter. On March 7th, our capital-weighted volume metric broke ranks, breaching both structural support and our critical 1% threshold, signaling a Volume Analysis correction. Later, with the threat level elevated, on March 21st, capital-weighted dollar volume followed suit, confirming a […]

Reshuffling the Deck Like a high-stakes battlefield shuffled anew, this week’s market action unfolded with historic magnitude. Capital Weighted Volume, Capital Flows (Capital Weighted Dollar Volume), Upside CW Volume, and Dollar Volume all surged to all-time weekly highs—marking what could be a pivotal realignment in investor positioning. The week began in disarray. On Tuesday, nearly […]

This past week, the market’s price trend finally aligned with its volume trends, which broke down a month earlier. On Thursday, April 3rd, the bears notched a 95% downside volume day on above-average S&P 500 capital weighted volume. This impressive performance was eclipsed on Friday, April 4th, with a staggering 99% downside volume day on […]

The generals, Invesco QQQ Trust (QQQ), led the march lower this week (-2.90%), while our brass commanders, Schwab US Dividend Equity ETF (SCHD, -0.58%) and Invesco S&P 500 Equal Weight ETF (RSP, -1.35%), once again held up relatively better on light volume. The bulls took charge at the start of the week, registering a 96% […]

The markets may have broken their down streak last week, but the victory was far from decisive. The elite forces of the market, represented by the SPDR S&P 500 ETF (SPY), lagged behind their comrades, finishing up a modest 0.21%. Meanwhile, the generals, embodied by the Invesco QQQ Trust (QQQ), marched ahead with a gain […]

Transitioning from Defense Back to Offense Last week, we assessed the market’s setup for potential capitulation, though our volume indicators had yet to trigger. However, the battlefield shifted this past Thursday (3/13) when the generals (QQQ) and Friday (3/14) when our elite forces (SPY) both registered VPCI V-bottoms—marking a possibly significant turning point in volume […]

Failing momentum or is a powder keg brewing? Part 3 This past week our market forces executed a headlong retreat. The week began with a bear onslaught wiping out the previous Friday’s (2/28) 99% bullish Capital Weighted Volume & Dollar Volume day. On Monday, March 3rd, the bears launched a formidable offensive, with 91% of […]