TraderFeed: Assessing Demand and Supply in the Stock Market
Assessing Demand and Supply in the Stock MarketBy now readers are aware that measures I track closely are buying pressure (demand) in the market versus selling pressure (supply). My measures are derived from a decomposition of the NYSE TICK, which is issued by the New York Stock exchange. The TICK is a […]
Suppose we could ask all participants in the U.S. stock market whether they are bullish, bearish, or neutral on the market’s direction and get a fresh reading every minute? That might be useful information, as it would show when bullish or bearish sentiment is turning; when it is becoming extreme; when it is staying bullish or bearish over time, etc.When […]
There have been some reports of very weak NYSE TICK statistics and the possibility those could foreshadow a stock market crash. I’ve received several requests to update my Cumulative TICK Line for readers. This consists of the summed total of five-minute high-low-close values for NYSE TICK (upticks minus downticks for all NYSE shares). As you can see, the cumulative line […]
