TVO Market Barometer 12/14/15

The interesting thing about today’s SPY hammer (a sight for sore bulls eyes) is that even though it turned out green, the bears still managed to dish out a bit more volume distribution. This has knocked TVO into “panicky” mode… and we’re not referring to any last-minute holiday shoppers here (far too early), so we must…

TVO Market Barometer 12/11/15

Six of the first nine trading days in December brought significant levels of volume distribution to the market. And what did the other days bring? [Hint: it’s not a partridge in a pear tree.] Even though the gift giving season is underway, the bulls so far have come up empty-handed, and the way the bears…

TVO Market Barometer 12/10/15

The chill has begun (HG was -2 today), but a -14% drop in overall volume, and therefore still no accumulation, makes any gains feel somewhat bittersweet for the bulls. The big hedge funds “pump and dump” strategy has been working well to shake up average retail investors, and nail-biting among them is surely escalating before…

TVO Market Barometer 12/9/15

As you might suspect, today’s slip and slide action was accompanied by a significant boost in volume overall from Tuesday’s session. What you might not suspect is that the up/down volume ratio on SPY was evenly distributed right down the middle, so yes, Virginia, there are buyers out there. On the Nasdaq, however, down volume…

HG Stands For Higher Gains And Heat Gauge

We learned in a previous post that it is indeed possible to time the market using only volume with the TVO System. But what if you’re a more active swing trader looking for higher gains or just a little more excitement? Introducing the Heat Gauge System. So how does it work and how did it come…

TVO Market Barometer 12/7/15

The Monday morning flush today caused the up/down volume ratio to flip-flop from Friday. Other than shift things around a bit, though, very little was accomplished in terms of resolving the volume stalemate of the past few sessions. Slight distribution on the Nasdaq has finally bumped TVO slightly downward, however (despite another scorching day on…

TVO Market Barometer 12/4/15

Friday’s snap back rally was accompanied by a healthy dose of up volume (a cool -4 on HG). There was, however, a drop in volume overall (-6%), so the bulls may not want to stay too complacent if they’re hoping that Santa will arrive on time this year. If you’re wondering why TVO seems to…