Stock Market Forecast Tuesday September 16 2008
Information provided by: http://www.mktmetrics.com/
"Just Suppose For A Moment, You Know What The Exchange Insiders Know!" MktMetrics does.
Subscribe today for a "14-day Free Look" to: http://www.mktmetrics.com/ - See for yourself before you make a trade, at what prices NYSE Specialists and NASDAQ Market Makers are only interested to buy and sell your stocks.
Monday 9-15-08 DJIA closed: 10,917.51 -504.48 vs prior day: 11,421.99 -11.72
DJIA 21-Day Moving Average: 11,417.45 -33.26 vs prior day: 11,450.71 -5.28
(DJIA closed -4.38% Below its Falling 21-day Moving Average vs -.25% prior day)
Before the New York Stock Exchange Open
Tuesday September 16 Stock Market Forecast
Probability Percent of "Up" at the Close
DJIA Probability of closing "Up" Tuesday: 52%
DIA Probability of closing "Up" Monday: 94%
(DJIA & DIA are weighted differently- Avg: 73%)
DIA Past 4 Tuesdays: Falling 52.9% / 54.0% / 52.8% / 51.9%
DIA Put/Call Ratio: Tuesday 0.81 vs. Monday 0.80 (High 1.04 / Low 0.78)
Definition: Baseline= 1.00 <1.00=bullish>1.00=Bearish
DIA MACD (12,26): SELL in effect
DIA Opening Power: Falling 21-day moving average (Open Down)
DIA Closing Power: Falling 21-day moving average (Close Down)
Dow Jones Industrial Average Statistics (Historic High / Low)
Dow 30 + DIA: Falling Today Up 11 vs. Down 20 (-1 vs +1 prior day)
DJIA Trend: Falling Today 35% vs Yesterday 39% (High 97% / Low 0%)
DJIA Momentum: Falling Today 23% vs Yesterday 39% (High 97% / Low 10%)
DJIA Volatility: Rising Today 3.15 vs Yesterday 1.26 (High 6.98 / Low -1.14)
DJIA 50-Day Net Change: Falling Today -371 vs Yesterday +206 (High 1450 / Low -2095)
DJIA 50-Day Net Change: High 1450 5-23-07/Low -2095 7-15-08(today -371 -.25% of High)
DJIA Resistance Levels: Mean= 11,450 / Intermediate Term 11,633 / Breakout 11,817
DJIA Support Levels: Mean= 11,417 / Intermediate Term 11,217 / Breakdown 11,017
Tuesday's Trading Highlights:
1. Futures and Options expire in 4 days, September worst performer of 12
2. Banking, Insurance, Oil factors are stock market movers for Tuesday
3. All Key ETFs are all trading below their 21-day moving averages
4. DIA moving averages 8-day 113.09 vs 21-day 114.30 -1.21 vs -.82, Bearish
5. FOMC meets today to decide key interest rates going forward
Institutional Investor Statistical Trends (Historic High / Low)
Exchange Insiders' Inventory: Falling Today -.01% vs Yesterday .07% (High .29%/Low -.31%) Mean= -.02% Closed near its Mean, Neutral yet decreasing.
Institutional Money Flow: Falling Today 25% vs Yesterday 45% (High 97% / Low 0%) Mean= 52% Closed below its Mean, Negative and decreasing.
Institutional Demand: Falling Today 31.12% vs Yesterday 42.48% (High 86.84% / Low 13.13%) Mean= 50.0% Closed below its Mean, Negative and decreasing.
Institutional Inventory: Falling Today 36.51% vs Yesterday 44.71% (High 81.06%/Low 14.58%) Mean= 50.4% Closed below its Mean, Negative and decreasing.
Institutional Accumulation/Distribution Trend: Falling Today -.20% vs Yesterday -.02% (High .35% / -.52%) Mean= -.03% Closed below its Mean, Negative and decreasing.
Outlook Statistics: Above 50% Bullish/Below 50% Bearish (Historic High/Low)
DJIA Outlook: Bearish Falling Unch#5 Today 34% vs. Yesterday 34% (High 89% / Low 8%) Mean= 53.5% Closed below its Mean, Negative yet flat for fifth day.
Stock Market Outlook: Bearish Falling Today 34.3% vs Yesterday 53.5% (High 100.0% / Low 4.8%) Mean= 52.4% (Dow 30, S&P 500, Russell 2000 & NASDAQ 100 combined)
12 Key ETFs: Above 0% Bullish/Below 0% Bearish (Historic High/Low)
DIA: Falling Trend Today -30% vs. Yesterday 5% (High 95% / Low -95%)
SPY: Falling Trend Today -44% vs. Yesterday -1 (High 77% / Low -102%)
MDY: Falling Trend Today -51% vs. Yesterday -7% (High 91% / Low -138%)
IWM: Falling Trend Today -34% vs. Yesterday -10% (High 71% / Low -70%)
QQQQ: Falling Trend Today -57% vs. Yesterday -35% (High 54% / Low -43%)
SMH: Falling Trend Today -46% vs. Yesterday -36% (High 48% / Low -53%)
IYT: Falling Trend Today -18% vs. Yesterday 5% (High 80% / Low -95%)
XLE: Falling Trend Today -41% vs. Yesterday -21% (High 82% / Low -85%)
XLF: Falling Trend Today -10% vs. Yesterday 18% (High 45% / Low -58%)
IAI: Falling Trend Today -25% vs. Yesterday -3% (High 55% / Low -67%)
IYR: Falling Trend Today 0% vs. Yesterday 35% (High 64% / Low -85%)
XHB: Falling Trend Today 20% vs. Yesterday 31% (High 69% / Low -56%)
(MktMetrics.com tracks 114 Exchange Traded Funds for our subscribers)
Stock Market Plurality: (a daily short-term overbought/oversold indicator)
100 “High” vs 0 "Low" Demand Factor of 1,000 Stock Universe (Historic High/Low)
Demand Factor "100": Falling Trend Today 22 vs. Yesterday 114 (High 367 / Low 3)
Demand Factor "0": Rising Trend Today 44 vs. Yesterday 18 (High 360 / Low 3)
Information provided by http://www.mktmetrics.com/
Douglas Gale, President jdg8119@gmail.com
Gale Financial Market Econometrics, Inc.
"Just Suppose For A Moment, You Know What The Exchange Insiders Know!" MktMetrics does.
Subscribe today for a "14-day Free Look" to: http://www.mktmetrics.com/ - See for yourself before you make a trade, at what prices NYSE Specialists and NASDAQ Market Makers are only interested to buy and sell your stocks.
Monday 9-15-08 DJIA closed: 10,917.51 -504.48 vs prior day: 11,421.99 -11.72
DJIA 21-Day Moving Average: 11,417.45 -33.26 vs prior day: 11,450.71 -5.28
(DJIA closed -4.38% Below its Falling 21-day Moving Average vs -.25% prior day)
Before the New York Stock Exchange Open
Tuesday September 16 Stock Market Forecast
Probability Percent of "Up" at the Close
DJIA Probability of closing "Up" Tuesday: 52%
DIA Probability of closing "Up" Monday: 94%
(DJIA & DIA are weighted differently- Avg: 73%)
DIA Past 4 Tuesdays: Falling 52.9% / 54.0% / 52.8% / 51.9%
DIA Put/Call Ratio: Tuesday 0.81 vs. Monday 0.80 (High 1.04 / Low 0.78)
Definition: Baseline= 1.00 <1.00=bullish>1.00=Bearish
DIA MACD (12,26): SELL in effect
DIA Opening Power: Falling 21-day moving average (Open Down)
DIA Closing Power: Falling 21-day moving average (Close Down)
Dow Jones Industrial Average Statistics (Historic High / Low)
Dow 30 + DIA: Falling Today Up 11 vs. Down 20 (-1 vs +1 prior day)
DJIA Trend: Falling Today 35% vs Yesterday 39% (High 97% / Low 0%)
DJIA Momentum: Falling Today 23% vs Yesterday 39% (High 97% / Low 10%)
DJIA Volatility: Rising Today 3.15 vs Yesterday 1.26 (High 6.98 / Low -1.14)
DJIA 50-Day Net Change: Falling Today -371 vs Yesterday +206 (High 1450 / Low -2095)
DJIA 50-Day Net Change: High 1450 5-23-07/Low -2095 7-15-08(today -371 -.25% of High)
DJIA Resistance Levels: Mean= 11,450 / Intermediate Term 11,633 / Breakout 11,817
DJIA Support Levels: Mean= 11,417 / Intermediate Term 11,217 / Breakdown 11,017
Tuesday's Trading Highlights:
1. Futures and Options expire in 4 days, September worst performer of 12
2. Banking, Insurance, Oil factors are stock market movers for Tuesday
3. All Key ETFs are all trading below their 21-day moving averages
4. DIA moving averages 8-day 113.09 vs 21-day 114.30 -1.21 vs -.82, Bearish
5. FOMC meets today to decide key interest rates going forward
Institutional Investor Statistical Trends (Historic High / Low)
Exchange Insiders' Inventory: Falling Today -.01% vs Yesterday .07% (High .29%/Low -.31%) Mean= -.02% Closed near its Mean, Neutral yet decreasing.
Institutional Money Flow: Falling Today 25% vs Yesterday 45% (High 97% / Low 0%) Mean= 52% Closed below its Mean, Negative and decreasing.
Institutional Demand: Falling Today 31.12% vs Yesterday 42.48% (High 86.84% / Low 13.13%) Mean= 50.0% Closed below its Mean, Negative and decreasing.
Institutional Inventory: Falling Today 36.51% vs Yesterday 44.71% (High 81.06%/Low 14.58%) Mean= 50.4% Closed below its Mean, Negative and decreasing.
Institutional Accumulation/Distribution Trend: Falling Today -.20% vs Yesterday -.02% (High .35% / -.52%) Mean= -.03% Closed below its Mean, Negative and decreasing.
Outlook Statistics: Above 50% Bullish/Below 50% Bearish (Historic High/Low)
DJIA Outlook: Bearish Falling Unch#5 Today 34% vs. Yesterday 34% (High 89% / Low 8%) Mean= 53.5% Closed below its Mean, Negative yet flat for fifth day.
Stock Market Outlook: Bearish Falling Today 34.3% vs Yesterday 53.5% (High 100.0% / Low 4.8%) Mean= 52.4% (Dow 30, S&P 500, Russell 2000 & NASDAQ 100 combined)
12 Key ETFs: Above 0% Bullish/Below 0% Bearish (Historic High/Low)
DIA: Falling Trend Today -30% vs. Yesterday 5% (High 95% / Low -95%)
SPY: Falling Trend Today -44% vs. Yesterday -1 (High 77% / Low -102%)
MDY: Falling Trend Today -51% vs. Yesterday -7% (High 91% / Low -138%)
IWM: Falling Trend Today -34% vs. Yesterday -10% (High 71% / Low -70%)
QQQQ: Falling Trend Today -57% vs. Yesterday -35% (High 54% / Low -43%)
SMH: Falling Trend Today -46% vs. Yesterday -36% (High 48% / Low -53%)
IYT: Falling Trend Today -18% vs. Yesterday 5% (High 80% / Low -95%)
XLE: Falling Trend Today -41% vs. Yesterday -21% (High 82% / Low -85%)
XLF: Falling Trend Today -10% vs. Yesterday 18% (High 45% / Low -58%)
IAI: Falling Trend Today -25% vs. Yesterday -3% (High 55% / Low -67%)
IYR: Falling Trend Today 0% vs. Yesterday 35% (High 64% / Low -85%)
XHB: Falling Trend Today 20% vs. Yesterday 31% (High 69% / Low -56%)
(MktMetrics.com tracks 114 Exchange Traded Funds for our subscribers)
Stock Market Plurality: (a daily short-term overbought/oversold indicator)
100 “High” vs 0 "Low" Demand Factor of 1,000 Stock Universe (Historic High/Low)
Demand Factor "100": Falling Trend Today 22 vs. Yesterday 114 (High 367 / Low 3)
Demand Factor "0": Rising Trend Today 44 vs. Yesterday 18 (High 360 / Low 3)
Information provided by http://www.mktmetrics.com/
Douglas Gale, President jdg8119@gmail.com
Gale Financial Market Econometrics, Inc.
posted by Douglas Gale at 7:12 AM
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