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RR&A Trading Call

Posted By Barry Ritholtz On June 15, 2006 @ 6:09 am In Investing,Markets,Psychology,RR&A,Technical Analysis,Trading | Comments Disabled

A few charts showing the state of sentiment, and other technical factors.

On Tuesday, we made a Bullish trading call for RR&A [1] subscribers — it was based on technicals and sentiment  (since we launched Ritholtz Research & Analytics [1], I’ve had to move the trading calls off of the blog; it keeps the lawyers sane and the regulators happy).

Have a look at the 4 charts in question:

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Percentage of NYSE stocks over 200 day moving average
click for larger graphs
Percent_above_200_day [2]

Put Call Ratio

Put_call_ratio [3]

 

Big NYSE Volume Spike on Sell off
Nyse_volume_spike [4]

Too Many Bears

Too_many_bears [5]

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None of this changes the longer-term perspective, or the views on the second half of the year; Rather, it recognizes the washed out condition and potential for a 3-6 week counter-trend rally.

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

URL to article: http://www.ritholtz.com/blog/2006/06/rra-trading-call/

URLs in this post:

[1] RR&A: http://www.ritholtz.com/site/

[2] Image: http://bigpicture.typepad.com/.shared/image.html?/photos/uncategorized/percent_above_200_day.png

[3] Image: http://bigpicture.typepad.com/.shared/image.html?/photos/uncategorized/put_call_ratio.png

[4] Image: http://bigpicture.typepad.com/.shared/image.html?/photos/uncategorized/nyse_volume_spike.png

[5] Image: http://bigpicture.typepad.com/.shared/image.html?/photos/uncategorized/too_many_bears.png

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