Thursday, July 18, 2013

S&P 500 Price/Volume Heat Map- 7/17 Trading Day Edition

Another day and another increase in the S&P 500, this time by about 30 basis points. However, it does that gains are being stretched. In any event, the increase in the market's value came mainly from a increase in prices in the energy and financial sectors.


The price/volume heat map reflects the thesis that the overall market gains are stretched. All but the energy sector showed weaker demand side dynamics despite the price increases.

No comments:

Post a Comment