Tuesday, May 4, 2010

Index Data and Observations

Closing values for Tuesday, May 4, 2010:

(Didn't get time to post yesterday's values but they are in parentheses below.)


S&P 500 Über-Indicator:

.88 (1.18)



Trend & Value 50:

1070.26 (1095.48)


China Small Cap ADR 25:

865.91 (916.89)


Precious Metals Complex:

5027 (5075)


Commodity ETFs:

2072 (2136)


BRIC Basic Materials:

974.08 (1026.62)


Penny Banks:

1240.67 (1256.88)


Foreign Blend:

6827 (7324)


General Liquidity:

1025.04 (1043.08)



S&P 500 Momentum Composite:

11.66 (26.4)


S&P 500 Breadthalyzer:

.05 (3.74)


S&P 500 Relative Volatility (New!*):

1.72 (.95)


S&P 500 Notional Volume:

$147,135,186,685 (113,814,411,227)


S&P 500 Notional Advance:

-$2,328,800,817 ($1,007,568,294)



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The Über-Indicator dropped below 1.00, if you need another reason to be bearish. Oh, and that Chinese small cap index is right, and I mean right, at support dating back to the selloff in late October. Former China pumpers like Faber and Rogers have turned negative on the middle kingdom, so I'm curious who is going to be brave enough now to get on CNBC and tell the masses that China is da shit. Sans China, the only growth fable out there is the US, and if that's all the bulls got, then...