🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

$SPX up half a percent but below the surface 66% of large cap stocks are down on the day. $NVDA and $TSLA account for 35 of the 50 bps in the S&P 500 gain right now.

Imitation is the sincerest form of flattery. Always interesting seeing charts or indicators I create get duplicated. They know who they are.

Looking forward to this. Talking charts at 9:15 (eastern), link below...

Just 9 days to move 10% down and then 10% up. Haven't seen that kind of price action very often. $SPX

closet trend followers masquerading as macro analysts.

From Sunday's Thrasher Analytics note....

Agree with the below and what many traders get wrong…

S&P 500 Growth back at the prior 2025 high. $SPYG

From a factor perspective, it's been all about Growth and Momentum, both hitting new highs while Value and Size drop to new 2025 lows.

A @bloomberg piece on a recent Thrasher Analytics note about the lack of downside volume in equities... Sellers are growing scarce in the US stock market, a potentially sign of overconfidence as equities roar to new highs bloomberg.com/news/articles/…

Yesterday wasn't a big down move for the S&P 500, but below the surface 90% of stocks moved lower and only 16.9% were able to outperform the Index. There's now been three days in July of heavy downside despite the Index being down less than 1% from an all-time high.

57% of large cap stocks are still down 10% or more. The breadth thrusts off the April low were encouraging as stocks saw strong buying pressure, but they still remain well off highs as the average recovery has been weak.

"The Sentiment Spread fell from 19 to 17.8 with a rise in Defensive Sector Sentiment last week." Andrew Thrasher, CMT

Really wouldn't be that surprised if we saw spot $VIX 22 before 15.

I wrote a paper in 2017 about volatility and compression (Forecasting a Volatility Tsunami). Currently, the $VIX hasn't been as compressed in the last twelve months as it right now.

The stock market has been running low on investors who want to sell. That might be starting to shift. Thank you Andrew Thrasher, CMT for the interview and the insight. marketwatch.com/story/the-stoc…

I go into more detail at Thrasher Analytics on Substack

Mark Last time you replied this type of comment to me was when I called for the VIX spike in Feb before it went from under 15 to 52.