IBDIndex

What's going on with this blog?

2009-02-22T10:37:00.003-05:00

I want to apologize to readers for the lack of updates recently. I have been very busy preparing to launch a new site with another well-read and respected quantitatively-oriented blogger. When the new site is ready, I will post a link here and most of the old content of this site will be moved over.

The new site will continue to publish many of the same types of studies but will take the research much further by offering complete tradable systems with independently audited third-party results. It will certainly be a terrific resource for readers of this blog and I am extremely excited about the partnership.

01/15/09

2009-01-15T20:53:00.000-05:00

Date: 01/15/09
Open: $26.86
High: $27.86
Low: $26.11
Close: $27.50
Volume: 4,942,317
Advances: 80
Advances>=4%: 24
Declines>=4% 4
Daily Change: 2.265%

01/13/09

2009-01-13T19:51:00.001-05:00

Date: 01/13/09
Open: $27.40
High: $28.16
Low: $26.90
Close: $27.71
Volume: 4,327,247
Advances: 64
Advances>=4%: 4
Declines>=4% 6
Daily Change: 0.477%

01/12/09

2009-01-12T22:18:00.000-05:00

Date: 01/12/09
Open: $28.02
High: $28.44
Low: $27.18
Close: $27.57
Volume: 3,566,165
Advances: 22
Advances>=4%: 1
Declines>=4% 11
Daily Change: -1.481%

01/09/09

2009-01-10T12:26:00.000-05:00

Date: 01/09/09
Open: $28.87
High: $29.17
Low: $27.52
Close: $27.99
Volume: 3,990,718
Advances: 17
Advances>=4%: 5
Declines>=4% 40
Daily Change: -2.930%

01/08/09

2009-01-08T20:22:00.000-05:00

Date: 01/08/09
Open: $28.56
High: $29.25
Low: $27.97
Close: $28.83
Volume: 3,421,631
Advances: 63
Advances>=4%: 10
Declines>=4% 4
Daily Change: 0.511%

01/07/09

2009-01-07T17:54:00.001-05:00

Date: 01/07/09
Open: $29.16
High: $29.55
Low: $28.19
Close: $28.69
Volume: 3,704,148
Advances: 15
Advances>=4%: 3
Declines>=4% 26
Daily Change: -2.532%

01/06/09

2009-01-06T19:36:00.001-05:00

Date: 01/06/09
Open: $29.72
High: $30.25
Low: $28.88
Close: $29.43
Volume: 4,062,783
Advances: 45
Advances>=4%: 7
Declines>=4% 11
Daily Change: -0.606%

2009-01-05T22:34:00.000-05:00

Date: 12/29/08
Open: $28.50
High: $28.88
Low: $27.73
Close: $28.36
Volume: 2,368,506
Advances: 42
Advances>=4%: 4
Declines>=4% 5
Daily Change: -0.466%

Date: 12/30/08
Open: $28.52
High: $29.38
Low: $28.13
Close: $29.20
Volume: 2,778,878
Advances: 90
Advances>=4%: 25
Declines>=4% 1
Daily Change: 2.976%

Date: 12/31/08
Open: $29.25
High: $30.12
Low: $28.85
Close: $29.63
Volume: 3,197,072
Advances: 73
Advances>=4%: 17
Declines>=4% 1
Daily Change: 1.461%

Date: 01/02/09
Open: $29.70
High: $30.28
Low: $29.06
Close: $29.78
Volume: 3,251,309
Advances: 56
Advances>=4%: 5
Declines>=4% 4
Daily Change: 0.504%

Date: 01/05/09
Open: $29.75
High: $30.27
Low: $28.88
Close: $29.61
Volume: 4,233,858
Advances: 39
Advances>=4%: 7
Declines>=4% 9
Daily Change: -0.561

2008-12-26T17:12:00.000-05:00

Date: 12/26/08
Open: $28.31
High: $28.78
Low: $27.89
Close: $28.49
Volume: 1,335,176
Advances: 74
Advances>=4%: 6
Declines>=4% 1
Daily Change: 1.149%

Date: 12/24/08
Open: $28.24
High: $28.59
Low: $27.73
Close: $28.16777
Volume: 1,088,851
Advances: 47
Advances>=4%: 1
Declines>=4% 3
Daily Change: -0.216%

12/23/08

2008-12-23T20:49:00.001-05:00

Date: 12/23/08
Open: $28.55
High: $28.98
Low: $27.79
Close: $28.23
Volume: 2,933,223
Advances: 34
Advances>=4%: 0
Declines>=4% 6
Daily Change: -0.611%

12/22/08

2008-12-22T19:33:00.000-05:00

Date: 12/22/08
Open: $28.73
High: $29.15
Low: $27.56
Close: $28.40
Volume: 4,168,272
Advances: 31
Advances>=4%: 0
Declines>=4% 8
Daily Change: -0.957%

12/19/08

2008-12-19T17:54:00.000-05:00

Date: 12/19/08
Open: $29.01
High: $29.58
Low: $28.12
Close: $28.68
Volume: 8,164,826
Advances: 48
Advances>=4%: 9
Declines>=4% 8
Daily Change: 0.213%

12/18/08

2008-12-18T21:05:00.001-05:00

Date: 12/18/08
Open: $28.86
High: $29.50
Low: $27.99
Close: $28.62
Volume: 5,739,844
Advances: 42
Advances>=4%: 5
Declines>=4% 12
Daily Change: -0.604%

12/17/08

2008-12-17T23:15:00.001-05:00

Date: 12/17/08
Open: $28.52
High: $29.33
Low: $28.02
Close: $28.79
Volume: 5,136,706
Advances: 50
Advances>=4%: 5
Declines>=4% 5
Daily Change: 0.052%

12/16/08

2008-12-16T19:20:00.000-05:00

Date: 12/16/08
Open: $27.84
High: $29.02
Low: $27.44
Close: $28.78
Volume: 6,298,820
Advances: 96
Advances>=4%: 55
Declines>=4% 0
Daily Change: 4.618%

12/15/08

2008-12-15T20:13:00.001-05:00

Date: 12/15/08
Open: $28.24
High: $28.67
Low: $26.96
Close: $27.51
Volume: 4,394,638
Advances: 21
Advances>=4%: 1
Declines>=4% 18
Daily Change: -2.113%

2008-12-14T19:33:00.000-05:00

Date: 12/10/08
Open: $28.55
High: $29.38
Low: $27.88
Close: $28.61
Volume: 4,678,362
Advances: 71
Advances>=4%: 14
Declines>=4% 5
Daily Change: 1.090%

Date: 12/11/08
Open: $28.36
High: $28.99
Low: $27.01
Close: $27.40617
Volume: 5,047,006
Advances: 8
Advances>=4%: 1
Declines>=4% 51
Daily Change: -4.221%

Date: 12/12/08
Open: $26.87
High: $28.38
Low: $26.44
Close: $28.09986
Volume: 4,581,365
Advances: 78
Advances>=4%: 32
Declines>=4% 1
Daily Change: 2.531%

12/09/08

2008-12-09T19:26:00.001-05:00

Date: 12/09/08
Open: $28.88
High: $29.75
Low: $27.91
Close: $28.31
Volume: 5,656,112
Advances: 7
Advances>=4%: 1
Declines>=4% 32
Daily Change: -2.917%

12/08/08

2008-12-08T17:54:00.000-05:00

Date: 12/08/08
Open: $29.12
High: $29.96
Low: $28.27
Close: $29.16
Volume: 6,090,141
Advances: 73
Advances>=4%: 28
Declines>=4% 6
Daily Change: 1.980%

12/05/08

2008-12-07T11:04:00.000-05:00

Date: 12/05/08
Open: $27.45
High: $28.90
Low: $26.49
Close: $28.59
Volume: 6,699,773
Advances: 89
Advances>=4%: 42
Declines>=4% 2
Daily Change: 3.477%

12/04/08

2008-12-04T17:42:00.000-05:00

Date: 12/04/08
Open: $28.15
High: $29.08
Low: $27.05
Close: $27.63
Volume: 6,242,182
Advances: 19
Advances>=4%: 3
Declines>=4% 28
Daily Change: -2.713%

12/03/08

2008-12-03T18:50:00.001-05:00

Date: 12/03/08
Open: $27.36
High: $28.95
Low: $26.90
Close: $28.40
Volume: 6,434,717
Advances: 73
Advances>=4%: 23
Declines>=4% 4
Daily Change: 1.770%

12/02/08

2008-12-02T18:03:00.000-05:00

Date: 12/02/08
Open: $27.37
High: $28.36
Low: $26.62
Close: $27.91
Volume: 5,900,532
Advances: 86
Advances>=4%: 48
Declines>=4% 1
Daily Change: 3.643%

12/01/08

2008-12-01T23:58:00.000-05:00

Date: 12/01/08
Open: $28.66
High: $29.15
Low: $26.73
Close: $26.93
Volume: 6,068,370
Advances: 3
Advances>=4%: 0
Declines>=4% 82
Daily Change: -7.805%

Time to get bullish?

2008-11-30T15:00:00.001-05:00

Based on my reading that the rally last week was driven by a dead-cat bounce by laggards, it suggest that the majority of what we have seen is being fueled by short-covering and value investors that stepped in at S&P 750 and Dow 7500. While positive, there are several technical conditions I need to see met before I am willing to get bullish enough to begin swing-trading the long side, none of which have occurred.

1) A break of the double inverse ETFs below their 50d MAs. This began to happen on Friday by the most volatile of the bunch but I am looking for a continuation of that trend. Following that will be a break of the 2x long ETFs above their 50d. Confirmation will be a substantial enough break that they remain below/above their 50d MAs in a short-term overbought/oversold condition as defined by RSI(2) > 90 and RSI(2) < 10.

2) A higher low logged on the broader indexes with confirmation occurring at a break above the previous high which is possibly being set now.

3) A tick up in the number of successful high-volume breakouts. This would indicate growth and speculative traders/investors are back in the market and a return of risk appetite.

4) Institutional buying as indicated by IBD style follow-through day and higher-volume positive days.

5) A 10d/50d MA cross on the IBD100. This has proven to be a pretty good trend indicator.

It is not possible for the market to enter a new medium-term uptrend without accomplishing these items so my confidence in this market will begin to grow as I can start checking them off, until then - remain wary.

Week ending 11/28/08

2008-11-30T12:08:00.002-05:00

The turnover for the IBD100 was 37% this week. The index has gained 7.75% over the last 5 session, lagging the major indexes substantially. This suggest that much of the move over the past few days was primarily driven by a dead-cat bounce of lagging sectors vs. a breakout of new leadership.

11/28/08

2008-11-30T11:28:00.000-05:00

Date: 11/28/08
Open: $28.75
High: $29.43
Low: $28.29
Close: $29.21
Volume: 2,118,822
Advances: 61
Advances>=4%: 7
Declines>=4% 2
Daily Change: 0.788%

11/26/08

2008-11-26T17:47:00.000-05:00

Date: 11/26/08
Open: $27.64
High: $29.21
Low: $27.34
Close: $28.98
Volume: 5,401,916
Advances: 85
Advances>=4%: 36
Declines>=4% 2
Daily Change: 3.174%

Happy Thanksgiving.

11/25/08

2008-11-25T21:06:00.000-05:00

Date: 11/25/08
Open: $28.44
High: $28.86
Low: $26.91
Close: $28.10
Volume: 7,684,292
Advances: 46
Advances>=4%: 10
Declines>=4% 9
Daily Change: -0.088%

2008-11-24T19:24:00.000-05:00

Date: 11/24/08
Open: $27.40
High: $28.62
Low: $26.72
Close: $28.13
Volume: 7,795,821
Advances: 85
Advances>=4%: 45
Declines>=4% 1
Daily Change: 3.740%

11/21/08

2008-11-23T19:29:00.002-05:00

Date: 11/21/08
Open: $26.57
High: $27.65
Low: $25.04
Close: $27.11
Volume: 9,244,288
Advances: 77
Advances>=4%: 49
Declines>=4% 4
Daily Change: 3.658%

Index updates 11.19-11.20

2008-11-20T23:34:00.002-05:00

Date: 11/19/08
Open: $28.83
High: $29.42
Low: $27.34
Close: $27.50
Volume: 6,620,990
Advances: 2
Advances>=4%: 0
Declines>=4% 65
Daily Change: -4.953%

Date: 11/20/08
Open: $27.22
High: $28.13
Low: $25.82
Close: $26.15
Volume: 8,335,906
Advances: 7
Advances>=4%: 2
Declines>=4% 60
Daily Change: -4.879%

Yep, its bad. New low on the index since I've been tracking it. Down -47.70%
since 03.04.08.

11/18/08

2008-11-18T19:09:00.001-05:00

Date: 11/18/08
Open: $28.94
High: $29.72
Low: $27.93
Close: $28.93
Volume: 6,845,950
Advances: 49
Advances>=4%: 9
Declines>=4% 4
Daily Change: 0.206%

11/17/08

2008-11-17T23:20:00.000-05:00

Date: 11/17/08
Open: $28.74
High: $29.78
Low: $28.24
Close: $28.87
Volume: 5,072,214
Advances: 38
Advances>=4%: 4
Declines>=4% 3
Daily Change: -0.395%

11/14/08

2008-11-16T11:17:00.001-05:00

Date: 11/14/08
Open: $29.93
High: $30.71
Low: $28.68
Close: $28.99
Volume: 6,175,956
Advances: 5
Advances>=4%: 1
Declines>=4% 54
Daily Change: -4.493%

11/13/08

2008-11-13T21:12:00.000-05:00

Date: 11/13/08
Open: $28.71
High: $30.55
Low: $27.45
Close: $30.36
Volume: 7,575,193
Advances: 92
Advances>=4%: 66
Declines>=4% 2
Daily Change: 5.689%

11/11/08

2008-11-11T21:21:00.001-05:00

Date: 11/11/08
Open: $30.14
High: $30.95
Low: $29.23
Close: $29.98
Volume: 4,395,595
Advances: 32
Advances>=4%: 0
Declines>=4% 16
Daily Change: -1.399%

11/10/08

2008-11-10T21:17:00.000-05:00

Date: 11/10/08
Open: $31.09
High: $31.55
Low: $29.92
Close: $30.40
Volume: 3,819,386
Advances: 49
Advances>=4%: 4
Declines>=4% 6
Daily Change: -0.184%

Turnover for week beginning 11/10/08

2008-11-09T22:49:00.001-05:00

26% turnover on the IBD100 this week.

11/07/08

2008-11-09T13:09:00.001-05:00

Date: 11/07/08
Open: $30.27
High: $31.12
Low: $29.50
Close: $30.46
Volume: 4,489,773
Advances: 70
Advances>=4%: 21
Declines>=4% 3
Daily Change: 1.752%

Big Bamboo Stop Study

2008-11-08T11:26:00.009-05:00

I will once again refer readers to Woodshedder at iBankCoin for some background on Big Bamboo and additional commentary on the following results. The following data is the raw results from a series of tests looking at various protective stops for Big Bamboo. These backtests measure the results of every entry signal generated by the system on the leveraged ETF portfolio since they began trading and each signal is purchased with $10,000 worth of shares. No compounding, slippage or commissions are included. Think of this data simply as raw stats and these test only look at various protective stops used in conjunction with the specified profit target of RSI(2) > 80.

Note: The ATR stops test various multiples of the 10-period ATR for the ETF being traded and the stop is not adjusted daily for changes in volatility. It is fixed at the time of entry and left alone.

Charts of results:

Raw Data: HERE

Leveraged ETF Average Volatility

2008-11-06T23:03:00.009-05:00

I am working on a couple of systems with Woodshedder at iBankCoin and just completed a quick study of average volatility for all of the leveraged ETFs currently traded. This is targeted towards refining stops for a couple of our systems that trade the leveraged ETFs but I thought it might be interesting for others to see. Basically this looks at the average volatility measured by a 10-period ATR since the ETF began trading. The AverageATR Percentage column is the daily ATR/Close which normalizes the volatility to a percentage move. The spreadsheet can be viewed HERE

11/06/08

2008-11-06T19:04:00.000-05:00

Date: 11/06/08
Open: $30.60
High: $31.48
Low: $29.39
Close: $29.94
Volume: 6,047,382
Advances: 17
Advances>=4%: 3
Declines>=4% 32
Daily Change: -3.247%

11/05/08

2008-11-05T17:51:00.002-05:00

Date: 11/05/08
Open: $32.05
High: $32.69
Low: $30.58
Close: $30.95
Volume: 4,684,761
Advances: 6
Advances>=4%: 2
Declines>=4% 54
Daily Change: -4.341%

The IBD100 actually closed above its 10dMA ($30.82) today for the 5th straight day. A first since 06.20.08.

11/04/08

2008-11-04T20:09:00.000-05:00

Date: 11/04/08
Open: $32.81
High: $33.39
Low: $31.51
Close: $32.36
Volume: 4,892,538
Advances: 56
Advances>=4%: 10
Declines>=4% 6
Daily Change: 0.387%

11/03/08

2008-11-03T20:55:00.002-05:00

Date: 11/03/08
Open: $32.13
High: $33.06
Low: $31.38
Close: $32.24
Volume: 4,136,131
Advances: 56
Advances>=4%: 9
Declines>=4% 5
Daily Change: 0.499%

Today was the 3rd consecutive day the IBD100 has spent above its 10dMA. The last time we were blessed with with such an occurance was August 1.

Turnover for week beginning 11/03/08

2008-11-02T23:31:00.001-05:00

54% turnover on the IBD100 this week.

10/31/08

2008-11-02T22:00:00.001-05:00

Date: 10/31/08
Open: $31.31
High: $32.65
Low: $30.68
Close: $32.08
Volume: 5,758,868
Advances: 76
Advances>=4%: 20
Declines>=4% 1
Daily Change: 2.000%

10/30/08

2008-10-30T21:25:00.001-04:00

Date: 10/30/08
Open: $31.17
High: $31.98
Low: $30.21
Close: $31.45
Volume: 5,667,806
Advances: 89
Advances>=4%: 37
Declines>=4% 1
Daily Change: 3.363%

10/29/08

2008-10-29T21:02:00.001-04:00

Date: 10/29/08
Open: $30.22
High: $31.54
Low: $29.43
Close: $30.43
Volume: 6,767,760
Advances: 63
Advances>=4%: 14
Declines>=4% 6
Daily Change: 1.011%

10/28/08

2008-10-28T19:27:00.000-04:00

Date: 10/28/08
Open: $29.06
High: $30.52
Low: $27.98
Close: $30.14
Volume: 7,185,986
Advances: 92
Advances>=4%: 68
Declines>=4% 3
Daily Change: 6.058%

10/27/08

2008-10-27T20:06:00.001-04:00

Date: 10/27/08
Open: $28.96
High: $29.91
Low: $28.04
Close: $28.43
Volume: 5,287,228
Advances: 12
Advances>=4%: 1
Declines>=4% 35
Daily Change: -3.103%

Turnover for week beginning 10/27/08

2008-10-26T10:28:00.001-04:00

45% turnover on the IBD100 this week.

10/24/08

2008-10-25T14:15:00.001-04:00

Date: 10/24/08
Open: $28.36
High: $30.30
Low: $27.64
Close: $29.34
Volume: 6,003,714
Advances: 18
Advances>=4%: 3
Declines>=4% 39
Daily Change: -3.188%

10/23/08

2008-10-23T20:26:00.000-04:00

Date: 10/23/08
Open: $30.90
High: $31.70
Low: $28.91
Close: $30.30
Volume: 6,995,406
Advances: 30
Advances>=4%: 6
Declines>=4% 24
Daily Change: -1.684%

10/22/08

2008-10-22T20:02:00.001-04:00

Date: 10/22/08
Open: $31.52
High: $32.23
Low: $30.11
Close: $30.82
Volume: 6,056,578
Advances: 9
Advances>=4%: 0
Declines>=4% 50
Daily Change: -3.870%

10/21/08

2008-10-21T22:23:00.001-04:00

Date: 10/21/08
Open: $32.30
High: $33.24
Low: $31.45
Close: $32.06
Volume: 4,552,065
Advances: 20
Advances>=4%: 3
Declines>=4% 25
Daily Change: -1.998%

10/20/08

2008-10-20T20:21:00.001-04:00

Date: 10/20/08
Open: $32.01
High: $33.11
Low: $31.21
Close: $32.71
Volume: 5,094,192
Advances: 93
Advances>=4%: 43
Declines>=4% 0
Daily Change: 3.910%

Today was the first day the IBD100 has crossed above its 10dMA in 21 days.

Turnover for week beginning 10/20/08

2008-10-19T22:58:00.000-04:00

47% turnover on the IBD100 this week.

10/17/08

2008-10-19T22:14:00.002-04:00

Date: 10/17/08
Open: $31.35
High: $33.15
Low: $30.23
Close: $31.48
Volume: 6,422,628
Advances: 22
Advances>=4%: 1
Declines>=4% 25
Daily Change: -2.327%

10/16/08

2008-10-16T20:46:00.001-04:00

Date: 10/16/08
Open: $30.54
High: $32.59
Low: $29.19
Close: $32.24
Volume: 8,175,460
Advances: 95
Advances>=4%: 73
Declines>=4% 3
Daily Change: 6.241%

10/15/08

2008-10-15T23:24:00.000-04:00

Date: 10/15/08
Open: $32.28
High: $32.88
Low: $30.03
Close: $30.34
Volume: 6,516,993
Advances: 2
Advances>=4%: 0
Declines>=4% 87
Daily Change: -7.477%

10/14/08

2008-10-14T19:36:00.001-04:00

Date: 10/14/08
Open: $34.11
High: $34.67
Low: $31.81
Close: $32.79
Volume: 7,250,266
Advances: 33
Advances>=4%: 3
Declines>=4% 21
Daily Change: -1.777%

10/13/08

2008-10-13T19:31:00.004-04:00

Date: 10/13/08
Open: $32.48
High: $33.80
Low: $31.23
Close: $33.39
Volume: 6,824,804
Advances: 93
Advances>=4%: 73
Declines>=4% 1
Daily Change: 6.843%

The IBD100 clearly undeperformed the broader indexes today and did not close above its 10-day SMA which is at $34.34. The 50-day is currently at $42.23.

Turnover for week beginning 10/13/08

2008-10-12T18:34:00.000-04:00

An unbelievable 65% turnover on the IBD100 this week.

Week Ending 10/10/08

2008-10-12T17:49:00.003-04:00

IBD100 Index down 14.17% for the week.

Date: 10/06/08
Open: $35.62
High: $36.33
Low: $33.07
Close: $34.86
Volume: 7,318,457
Advances: 14
Advances>=4%: 2
Declines>=4% 56
Daily Change: -4.245%

Date: 10/07/08
Open: $35.05
High: $35.96
Low: $32.93
Close: $33.30
Volume: 6,276,514
Advances: 7
Advances>=4%: 1
Declines>=4% 55
Daily Change: -4.477%

Date: 10/08/08
Open: $32.52
High: $34.67
Low: $31.39
Close: $32.82
Volume: 7,254,797
Advances: 25
Advances>=4%: 5
Declines>=4% 17
Daily Change: -1.453%

Date: 10/09/08
Open: $33.13
High: $33.94
Low: $30.34
Close: $30.58
Volume: 7,578,028
Advances: 3
Advances>=4%: 0
Declines>=4% 71
Daily Change: -6.824%

Date: 10/10/08
Open: $29.46
High: $32.39
Low: $27.63
Close: $31.25
Volume: 11,014,753
Advances: 67
Advances>=4%: 36
Declines>=4% 12
Daily Change: 2.190%

10/03/08

2008-10-05T18:47:00.000-04:00

Date: 10/03/08
Open: $37.54
High: $38.83
Low: $36.01
Close: $36.41
Volume: 5,206,465
Advances: 28
Advances>=4%: 1
Declines>=4% 25
Daily Change: -2.022%

10/02/08

2008-10-05T18:41:00.002-04:00

Date: 10/02/08
Open: $39.16
High: $39.49
Low: $36.66
Close: $37.16
Volume: 4,825,920
Advances: 5
Advances>=4%: 0
Declines>=4% 56
Daily Change: -5.312%

10/01/08

2008-10-05T18:35:00.000-04:00

Date: 10/01/08
Open: $39.52
High: $40.31
Low: $38.30
Close: $39.25
Volume: 3,457,286
Advances: 35
Advances>=4%: 2
Declines>=4% 14
Daily Change: -1.096%

09/30/08

2008-09-30T17:08:00.001-04:00

Date: 09/30/08
Open: $39.05
High: $40.46
Low: $37.78
Close: $39.68
Volume: 4,506,614
Advances: 82
Advances>=4%: 36
Declines>=4% 3
Daily Change: 2.972%

09/29/08

2008-09-29T21:32:00.001-04:00

Date: 09/29/08
Open: $40.50
High: $41.17
Low: $37.00
Close: $38.54
Volume: 4,710,831
Advances: 5
Advances>=4%: 0
Declines>=4% 71
Daily Change: -6.140%

09/26/08

2008-09-28T19:57:00.000-04:00

Date: 09/26/08
Open: $40.53
High: $41.71
Low: $39.66
Close: $41.06
Volume: 3,316,473
Advances: 43
Advances>=4%: 4
Declines>=4% 8
Daily Change: -0.338%

09/25/08

2008-09-25T21:40:00.001-04:00

Date: 09/25/08
Open: $40.96
High: $42.12
Low: $40.22
Close: $41.20
Volume: 3,021,353
Advances: 70
Advances>=4%: 8
Declines>=4% 4
Daily Change: 0.801%

09/24/08

2008-09-24T21:17:00.001-04:00

Date: 09/24/08
Open: $41.54
High: $42.32
Low: $40.29
Close: $40.87
Volume: 3,179,419
Advances: 30
Advances>=4%: 1
Declines>=4% 12
Daily Change: -1.248%

09/23/08

2008-09-23T19:26:00.000-04:00

Date: 09/23/08
Open: $42.10
High: $43.01
Low: $40.70
Close: $41.39
Volume: 3,509,603
Advances: 31
Advances>=4%: 0
Declines>=4% 15
Daily Change: -1.693%

09/22/08

2008-09-22T20:35:00.000-04:00

Date: 09/22/08
Open: $43.25
High: $44.13
Low: $41.46
Close: $42.10
Volume: 3,529,215
Advances: 16
Advances>=4%: 0
Declines>=4% 37
Daily Change: -3.267%

Turnover for week beginning 09/22/08

2008-09-21T18:31:00.000-04:00

28% turnover on the IBD100 this week

09/19/08

2008-09-21T18:02:00.000-04:00

Date: 09/19/08
Open: $43.74
High: $45.50
Low: $41.68
Close: $43.52
Volume: 6,335,993
Advances: 84
Advances>=4%: 49
Declines>=4% 3
Daily Change: 4.067%

09/18/08

2008-09-21T17:57:00.000-04:00

Date: 09/18/08
Open: $41.04
High: $42.94
Low: $38.97
Close: $41.82
Volume: 7,428,513
Advances: 82
Advances>=4%: 46
Declines>=4% 4
Daily Change: 3.336%

09/17/08

2008-09-17T23:25:00.001-04:00

Date: 09/17/08
Open: $41.95
High: $42.74
Low: $39.72
Close: $40.47
Volume: 6,253,957
Advances: 4
Advances>=4%: 0
Declines>=4% 61
Daily Change: -4.907%

09/16/08

2008-09-16T21:12:00.001-04:00

Date: 09/16/08
Open: $41.42
High: $43.35
Low: $40.18
Close: $42.57
Volume: 5,745,338
Advances: 75
Advances>=4%: 25
Declines>=4% 5
Daily Change: 1.267%

09/15/08

2008-09-15T22:12:00.000-04:00

Date: 09/15/08
Open: $42.44
High: $43.81
Low: $41.10
Close: $42.00
Volume: 4,457,944
Advances: 8
Advances>=4%: 0
Declines>=4% 38
Daily Change: -3.829%

09/12/08

2008-09-14T21:44:00.001-04:00

Date: 09/12/08
Open: $43.40
High: $44.39
Low: $42.60
Close: $43.67
Volume: 4,707,760
Advances: 52
Advances>=4%: 8
Declines>=4% 6
Daily Change: -0.056%

09/11/08

2008-09-11T19:36:00.001-04:00

Date: 09/11/08
Open: $42.67
High: $44.06
Low: $41.93
Close: $43.66
Volume: 4,738,340
Advances: 63
Advances>=4%: 9
Declines>=4% 2
Daily Change: 0.812%

09/10/08

2008-09-10T21:40:00.001-04:00

Date: 09/10/08
Open: $42.87
High: $44.04
Low: $42.09
Close: $43.28
Volume: 4,935,703
Advances: 84
Advances>=4%: 15
Declines>=4% 1
Daily Change: 1.790%

09/09/08

2008-09-10T00:11:00.002-04:00

Date: 09/09/08
Open: $43.91
High: $44.72
Low: $42.14
Close: $42.49
Volume: 5,613,112
Advances: 14
Advances>=4%: 0
Declines>=4% 40
Daily Change: -3.471%

09/08/08

2008-09-08T22:14:00.000-04:00

Date: 09/08/08
Open: $44.43
High: $45.33
Low: $43.00
Close: $44.01
Volume: 5,297,494
Advances: 77
Advances>=4%: 13
Declines>=4% 5
Daily Change: 1.469%

Weekly Review

2008-09-07T21:41:00.002-04:00

There was a 29% turnover on the IBD100 this week. The index gave up 7.41% during the shortened 4-day trading week in the largest 1-week drop since I began tracking the index on 03/04/08. The index is down 23.8% since topping at $56.21 on 06/17/2008.

09/05/08

2008-09-07T20:36:00.001-04:00

Date: 09/05/08
Open: $43.09
High: $43.99
Low: $41.66
Close: $43.38
Volume: 4,345,821
Advances: 46
Advances>=4%: 6
Declines>=4% 2
Daily Change: -0.156%

09/04/08

2008-09-04T17:02:00.001-04:00

Date: 09/04/08
Open: $44.85
High: $45.47
Low: $42.74
Close: $43.44
Volume: 4,195,395
Advances: 5
Advances>=4%: 0
Declines>=4% 43
Daily Change: -3.902%

09/03/08

2008-09-03T22:15:00.001-04:00

Date: 09/03/08
Open: $46.00
High: $46.78
Low: $44.38
Close: $45.21
Volume: 3,912,203
Advances: 29
Advances>=4%: 0
Declines>=4% 24
Daily Change: -2.033%

09/02/08

2008-09-02T23:00:00.000-04:00

Date: 09/02/08
Open: $47.07
High: $47.90
Low: $45.49
Close: $46.15
Volume: 3,447,153
Advances: 41
Advances>=4%: 6
Declines>=4% 19
Daily Change: -1.498%

Turnover for week beginning 09/02/08

2008-09-01T21:55:00.000-04:00

14% turnover on the IBD100 this week

08/29/08

2008-09-01T21:00:00.001-04:00

Date: 08/29/08
Open: $47.31
High: $47.80
Low: $46.33
Close: $46.85
Volume: 1,850,536
Advances: 19
Advances>=4%: 0
Declines>=4% 0
Daily Change: -1.094%

08/28/08

2008-09-01T20:54:00.000-04:00

Date: 08/28/08
Open: $46.94
High: $47.96
Low: $46.15
Close: $47.37
Volume: 2,123,668
Advances: 76
Advances>=4%: 14
Declines>=4% 2
Daily Change: 1.414%

08/27/08

2008-09-01T20:50:00.000-04:00

Date: 08/27/08
Open: $46.12
High: $47.25
Low: $45.63
Close: $46.71
Volume: 1,938,806
Advances: 85
Advances>=4%: 8
Declines>=4% 0
Daily Change: 1.491%

08/26/08

2008-08-26T20:49:00.000-04:00

Date: 08/26/08
Open: $45.96
High: $46.82
Low: $45.18
Close: $46.02
Volume: 2,101,180
Advances: 53
Advances>=4%: 2
Declines>=4% 4
Daily Change: 0.097%

08/25/08

2008-08-25T22:47:00.000-04:00

Date: 08/25/08
Open: $46.91
High: $47.42
Low: $45.43
Close: $45.97
Volume: 1,933,187
Advances: 9
Advances>=4%: 0
Declines>=4% 11
Daily Change: -2.059%

Turnover for week beginning 08/25/08

2008-08-24T21:17:00.000-04:00

18% turnover on the IBD100 this week with a lot of familiar names back on the list.