20131220 Probing the Old Universe

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20131220 Probing the Old Universe

A quick weekly view into the equity markets breadth as depicted by my “old” universe which does not include any Preferred stocks, ETFs or CEFs (closed end funds).  I added “old” to the title this week because I have been working on a more complete universe for a new breadth and relative strength product I will be introducing.  I am in the final stages of my new project, so you will be seeing some changes in the coming weeks and into early next year.  I am posting more each weekend from the new universe, so I will retire this one as of end of the year. so next week will be it until I decide how I will redesign my postings

I am excited about the potential advantages this research can provide for the slow (and intermediate) money investors by monitoring the breadth on various levels of the market to get a good idea where money is flowing too and from at any given time as well as when it is outright leaving the party.  It seems this might end up being the perfect time for such research if the market continues to change character.  Send me an email at gtlackey at gmail.com if you would like to be added to the email list to receive details as I get closer to the launch date.

Also check out the Moving Average Breadth post for sector breakdowns

12-20-2013 OU RSI Weekly

Weekly RSI Chart

12-20-2013 OU RSI Daily

Daily RSI Chart

12-20-2013 OU AdvDecLine

Advanced Decline Line

12-20-2013 OU MA Breadth

Moving Average Breadth

12-20-2013 OU McClellan

McClellan Summation & Oscillator

12-20-2013 OU BreadthThrust

Breadth Thrust Indicator

Good Luck!  It is there for you to make.

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(All market data above are derived from Stockcharts.com, Esignal, and Reutersdatalink)
The information set forth herein was obtained from sources which we believe to be reliable, but we do not guarantee its accuracy.  Neither the information, nor any opinion expressed constitutes a solicitation by us of the purchase or sale of any securities or commodities. I or my affiliates may hold positions or other interests in securities mentioned in the blog.  Full Disclaimer
There is no guarantee that the views expressed in this communication will become reality,  Investing in the stock market involves risk and potential loss of principal, Investment strategies should be thoroughly researched and understood before implementing and none of this should be construed as a recommendation

About Author


is a Chartered Market Technician (CMT) and Certified Financial Planner (CFPr) in Greensboro Georgia (Outside Atlanta). Founding partner of Barber Lackey Financial Group, LLC, a Registered Investment Advisor. However, this blog is not affiliated with BLFG and does not make recommendations to buy sell or hold any securities.