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Chart of the Week: NYSE Member Weekly Buy/Sell

Posted By Barry Ritholtz On June 7, 2004 @ 11:55 am In Finance | Comments Disabled

In the week ending May 15, NYSE Member Net Buy/Sell numbers hit a new, all-time net buying high (+741,439,000) This number is greater than during the beginning of the Iraq war: On March 28, 2003 we hit +588,248,000 shares.

NYSE Member Weekly Buy/Sell
click for larger chart
nyse_member_buy_sell [1]
Source: DecisionPoint [2]

Most of the time, it is hard to make much sense of the net buy sell numbers – the data is inconclusive as a market guide. But Carl Swenlin http://www.decisionpoint.com/ notes “Significant amounts of NYSE Member buying or selling should serve as red flags, because it is their business to insure that their positions unwind in their favor.”

Random Items:
Joy on Innovation: Proceed With Caution [3]
Why the Saudis Fear Pricey Oil [4]
The Iowa Electronic Markets 2004 US Presidential election [5]
Rising Inflation and Rising Stocks? Why Not? [6]
Surviving the Weinsteins [7]
Not in the Cards [8]

Quote of the Day:
“Ronald Regan is not a typical politician because he doesn’t know how to lie, cheat and steal. He’s always had an agent for that.” – Bob Hope [9]

Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2004/06/chart-of-the-week-nyse-member-weekly-buysell/

URLs in this post:

[1] Image: http://bigpicture.typepad.com/comments/images/nyse_member_buy_sell.html

[2] DecisionPoint: http://stockcharts.com/commentary/archives/cww20040606h.html

[3] Joy on Innovation: Proceed With Caution: http://www.nytimes.com/2004/06/06/magazine/06ENCOUNTER.html?pagewanted=print&position=

[4] Why the Saudis Fear Pricey Oil: http://www.businessweek.com/bwdaily/dnflash/jun2004/nf2004064_8936_db039.htm

[5] The Iowa Electronic Markets 2004 US Presidential election: http://www.biz.uiowa.edu/iem/markets/Pres04_WTA.html

[6] Rising Inflation and Rising Stocks? Why Not?: http://www.nytimes.com/2004/06/06/business/yourmoney/06stra.html

[7] Surviving the Weinsteins: http://money.cnn.com/2004/06/04/news/fortune500/disney_studios/index.htm

[8] Not in the Cards: http://slate.msn.com/id/2101781/

[9] Bob Hope: http://www.bobhope.com/bob.htm

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