Art's Charts July 31, 2015 at 06:06 AM
The major index ETFs closed fractionally higher in listless trading. QQQ led with a .48% bounce. MSFT and GILD lifted QQQ and have bullish looking charts. The sectors were mixed with energy and consumer staples losing ground... Read More
Art's Charts July 30, 2015 at 04:22 AM
Stocks moved higher on Wednesday, but the bounce was rather lopsided. Large-cap techs weighed on QQQ as the ETF gained .38%. The Nasdaq 100 Equal-Weight ETF (QQEW), in contrast, gained .93% on the day. The Russell 2000 iShares (IWM) gained just .28% and continues to lag... Read More
Art's Charts July 29, 2015 at 05:15 AM
Stocks bounced with gains across the board. Most of the major index ETFs gained over 1%, but the Russell 2000 iShares (IWM) lagged with a .85% gain. All sectors were up with the oversold sectors getting the biggest bounces (energy, materials and industrials)... Read More
Art's Charts July 28, 2015 at 04:22 AM
Stocks were hit with further selling pressure on Monday, but selling pressure was rather contained. IWM, QQQ and SPY declined between .50% and 1%. Eight of the nine sectors were down with utilities bucking the selling pressure... Read More
Art's Charts July 27, 2015 at 05:29 AM
Stocks were hit with selling pressure last week as the Russell 2000 iShares (IWM) fell 3.32% and the S&P 500 SPDR (SPY) declined 2.11%. IWM is in a short-term downtrend because it is already testing the early July low... Read More
Art's Charts July 24, 2015 at 04:45 AM
Stocks were hit with selling pressure on Thursday as the major index ETFs fell across the board. The Russell 2000 iShares (IWM) led the way with a 1.1% decline. All sector SPDRs were down and eight of the nine equal-weight sector ETFs were down... Read More
Art's Charts July 23, 2015 at 04:14 AM
Stocks were mixed on Wednesday with QQQ taking a big hit and IWM getting a small bounce. The S&P 500 SPDR (SPY) finished modestly lower and the S&P MidCap SPDR (MDY) managed a small gain... Read More
Art's Charts July 22, 2015 at 04:21 AM
Stocks were weak across the board with the Dow Industrials leading the way lower. Big declines in IBM and UTX weighed on the senior Average. Both stocks are above $100 and the Dow is a price weighted average. This means the stocks with the highest price carry the most weight... Read More
Art's Charts July 21, 2015 at 04:23 AM
Stocks were mixed on Monday with small gains and small losses in the major index ETFs. DIA and QQQ edged higher, while IWM and MDY edged lower. Small-caps and mid-caps continue to show relative weakness... Read More
Art's Charts July 20, 2015 at 05:35 AM
Stocks surged last week with a rather lopsided advance. QQQ surged over 5% and SPY was up around 2.45%. IWM lagged with a 1.31% gain and MDY gained just .35%. Small-caps and mid-caps lagged as large-caps led... Read More
Art's Charts July 01, 2015 at 06:46 AM
Stocks managed to firm after Monday's rout and several ETFs formed inside days, which signal indecision. The Russell 2000 Growth iShares (IWO) and Russell MicroCap iShares (IWC) led the rebound and gained around .90% each... Read More
