Posts filed under “Trading”

Short Interest Spike Presages Furious Sell-Off and Rally

For nimble traders only:  The last time the New York Stock Exchange short interest ratio broke below a key trendline, the U.S. equity market had a short and sharp selloff — one that was later followed by a major upside blow-off

The gray area on the chart is SPX; Blue line is NYSE short interest:
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  click for larger chart
Shortinterestspx

Source: Michael
Panzner
, Rabo Securities USA

 

On the basis of monthly short interest data for the period ending October 14th (released yesterday by the NYSE) and average daily volume for the first two weeks of the month, the most recent SI reported works out to approximately 4.74 days.

That is the lowest level since January 2004. This places a measure below a major uptrend dating back to the September 2001 lows.

Michael
Panzner
asks: "Time for deja vu all over again?"

Category: Psychology, Technical Analysis, Trading

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Category: Trading

Market Technicals Clarify Q4 Action

Category: Economy, Investing, Psychology, Technical Analysis, Trading

Google or Valero?

Category: Trading

Rita & Fuel Prices

Category: Commodities, Trading

Sometimes, There is No Pony

Category: Economy, Investing, Markets, Psychology, Trading

Overnight Holdings

Category: Trading

Apprenticed Investor: The Stock Pre-Nup

Category: Investing, Psychology, Technical Analysis, Trading

Program Trading Accounts For Over Half of NYSE Volume

Category: Trading

Apprenticed Investor: Six Keys to Stock Selection

Category: Investing, Technical Analysis, Trading