Capitalogix’s Blog – Page 207 – Thoughts about the markets, automated trading algorithms, technical analysis, and lots of other stuff.

Thoughts about the markets, automated trading algorithms, artificial intelligence, and lots of other stuff

More S&P 500 Stocks Above Their 50-Day Averages than NASDAQ Stocks

As shown below, 75% of the stocks in the S&P 500 are currently trading above their 50-day moving averages.

via Bespoke.

This indicator has been trending slightly downward for about a month now, but it hasn't fallen below the 75% mark for quite some time. Generally, whenever this breadth reading gets above the 80% level, the market is due for a breather.

In contrast, less than 50% of NASDAQ stocks are above their 200-day moving averages.

According to Martin Pring, that means that relatively few stocks are participating in the rally, and an even lower number are registering new highs. Moreover, there are currently slightly more stocks at new 52-week lows than highs, even though the NASDAQ is very close to its bull market high

July 20, 2014
More S&P 500 Stocks Above Their 50-Day Averages than NASDAQ Stocks

As shown below, 75% of the stocks in the S&P 500 are currently trading above their 50-day moving averages.

via Bespoke.

This indicator has been trending slightly downward for about a month now, but it hasn't fallen below the 75% mark for quite some time. Generally, whenever this breadth reading gets above the 80% level, the market is due for a breather.

In contrast, less than 50% of NASDAQ stocks are above their 200-day moving averages.

According to Martin Pring, that means that relatively few stocks are participating in the rally, and an even lower number are registering new highs. Moreover, there are currently slightly more stocks at new 52-week lows than highs, even though the NASDAQ is very close to its bull market high

July 20, 2014
Here Are Some Links to Start Your Week
Do you prefer dreams of the future or a history of the past?

Here are some of the posts that caught my eye. Hope you find something interesting.

Lighter Links:
- Disruptive Technologies: Advances transforming life, business, & the economy. (McKinsey)
- Why the Only Thing Better Than Big Data Is Bigger Data. (Quartz)
- Vitamin Supplements Come Up Short Once Again. (Forbes)
- If You Want to Be More Productive, Get More Sleep. (Michael Hyatt)
- The Ultimate Cheat Sheet for Mastery. (James Altucher)
Trading Links:
- How Greylock Partners Finds the Next Facebook. (Newsweek)
- Is Silicon Valley the Future of Finance? (NYMag)
- Aiming Financial Weapons From Treasury War Room. (NYTimes)
- Salary Required To Buy A Home In 12 US Cities. (BusinessInsider)
- BlackRock's Chief Strategist: Get Ready For Ho-hum Stocks & Higher Rates. (Forbes)
July 20, 2014
Here Are Some Links to Start Your Week
Do you prefer dreams of the future or a history of the past?

Here are some of the posts that caught my eye. Hope you find something interesting.

Lighter Links:
- Disruptive Technologies: Advances transforming life, business, & the economy. (McKinsey)
- Why the Only Thing Better Than Big Data Is Bigger Data. (Quartz)
- Vitamin Supplements Come Up Short Once Again. (Forbes)
- If You Want to Be More Productive, Get More Sleep. (Michael Hyatt)
- The Ultimate Cheat Sheet for Mastery. (James Altucher)
Trading Links:
- How Greylock Partners Finds the Next Facebook. (Newsweek)
- Is Silicon Valley the Future of Finance? (NYMag)
- Aiming Financial Weapons From Treasury War Room. (NYTimes)
- Salary Required To Buy A Home In 12 US Cities. (BusinessInsider)
- BlackRock's Chief Strategist: Get Ready For Ho-hum Stocks & Higher Rates. (Forbes)
July 20, 2014
What Happens On the Internet in 60 Seconds (Updated

Talk about information overload, almost 139 million emails are sent each minute.

A lot more than that happens in a minute on the Internet.

This infographic looks at what happens in just one minute on social web.

via Qmee.

It is interesting to think about the scope and scale of what's happening … and what is yet to come.

July 20, 2014
What Happens On the Internet in 60 Seconds (Updated

Talk about information overload, almost 139 million emails are sent each minute.

A lot more than that happens in a minute on the Internet.

This infographic looks at what happens in just one minute on social web.

via Qmee.

It is interesting to think about the scope and scale of what's happening … and what is yet to come.

July 20, 2014
Here Are Some Links For Your Weekend Reading
The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.

Kind of a cool thought.

Here are some of the posts that caught my eye. Hope you find something interesting.

Lighter Links:
- Spreading Computerization Will Change the Developed World. (Stratfor)
- How to Cross the Tech Chasm. (Interview with Geoffrey Moore)
- 8 Surprising Historical Facts That Will Change Your Concept of Time Forever. (HuffPost)
- 4 Signs You're a Terrible Communicator. (Inc)
- Oh, So That's What Goes Into A McDonald's Chicken McNugget. (NPR)
Trading Links:
- The American Middle Class Is No Longer the World’s Richest. (NYTimes)
- Michael Jordan Is Now A Billionaire. (BusinessInsider)
- 2015: The Year There Will Be More Cellular Connections Than People. (GigaOM)
- The History of HFT. (FuturesMag)
- Two Centuries of Trend Following. Trends are one of the most statistically significant anomalies in financial markets. (Arxiv)
July 11, 2014
China – Twenty Years Ago and Now

Had a quick stop-over in Beijing and got to visit to the Great Wall of China.

Interesting to see how modern China is becoming.

My first visit to China was in the 1990s. A lot has changed (mostly for the better).

Here is a picture that compares today's Shanghai with what it looked like twenty years ago.

Progress.

July 11, 2014
China – Twenty Years Ago and Now

Had a quick stop-over in Beijing and got to visit to the Great Wall of China.

Interesting to see how modern China is becoming.

My first visit to China was in the 1990s. A lot has changed (mostly for the better).

Here is a picture that compares today's Shanghai with what it looked like twenty years ago.

Progress.

July 11, 2014
What’s The Biggest Business In Your State?

Obviously, business effects the economy of states. But, as the Washington Post notes, businesses are not created equally – bigger businesses naturally have outsized influence, generating more revenue, paying more taxes and employing more people.

The following chart shows the largest company, by revenue, in each state. Some of these seem like easy guesses. For example: GM in Michigan, ExxonMobil in Texas, Berkshire Hathaway in Nebraska, Nike in Oregon, Walmart in Arkansas, and FedEx in Tennesse.

via Washington Post.

But some of the others were surprising. For example, in Washington (home of Microsoft and Amazon), it is CostCo. Equally surprising, to me, was Verizon in New York, and Chevron in California.

July 9, 2014