Walter Murphy

[Walter Murphy @waltergmurphy]

The weekly Coppock Curve has a bullish bias for only three of the S&P's 11 sectors - healthcare, telecom, & utes.

[Walter Murphy @waltergmurphy]

@jimfink No it's not and you know it.

[Walter Murphy @waltergmurphy]

FWIW, the 7-day ma of new US covid cases is 40% greater than the summer's peak and almost 3x the spring high.

[Walter Murphy @waltergmurphy]

@jimfink You tell that to the quarter of a million people who have died since spring. I pray one of them was not close to you.

[Walter Murphy @waltergmurphy]

@NorthmanTrader This week been helluva lifetime

[Walter Murphy @waltergmurphy]

NYSE electoral college. DJIA up almost 400 points but NYSE DVOL exceeded UVOL. (That's meant to be humorous, not political.)

[Walter Murphy @waltergmurphy]

Covid and TA? This chart has the 7-day ma of new cases nationally with parallel trend lines. Not perfect; just an observation.

[Walter Murphy @waltergmurphy]

The monthly Coppock Curve has a bearish bias for 19 of the 30 DJIA stocks and 8 of the 11 S&P sectors.

[Walter Murphy @waltergmurphy]

Only chart on my Sept 21 blog:

[Walter Murphy @waltergmurphy]

Misspelled his name "Drumpf"

[Donald J. Trump @realDonaldTrump]

Just landed in Wisconsin and passed this great sign, thank you! See everyone soon!! #MAGA

[Walter Murphy @waltergmurphy]

Two weeks ago today, the S&P just missed making an all-time high. Today, there were more new NYSE 52-week lows than 52-week highs. More than half of the 500 stocks are at least 10% below their 52-week high.

[Walter Murphy @waltergmurphy]

Just for the record, Rosie, the weekly cumulative a/d lines for the S&P 500, S&P 1500, and S&P 400 (mid cap) indexes are at all time highs. The S&P 600 (small cap) is a hair's "breadth" away. (Enjoyed listening to the call.)

[David Rosenberg @EconguyRosie]

The legend Bob Farrell said on my conference call yesterday that we are NOT in a new bull market. No wonder. The equal-weighted S&P 500 has not made a new high in eight months and is no higher today than it was on November 15th, 2019!

[Walter Murphy @waltergmurphy]

FYI, 23 of the 30 DJIA stocks have a bearish bias on their weekly Coppock Curve. That is the most since April.

[Walter Murphy @waltergmurphy]

While I'm on a role, more NYSE issues traded today that at any time since March 2017

[Walter Murphy @waltergmurphy]

fake president

[Donald J. Trump @realDonaldTrump]

FAKE NEWS!

[Walter Murphy @waltergmurphy]

Nice day today. But does it bother anyone the three previous days had more 52-week lows than highs?

[Walter Murphy @waltergmurphy]

More info: today's NYSE new hi/low ratio was the lowest since May

[Walter Murphy @waltergmurphy]

FWIW, today's decline saw the most declining NYSE stocks since June

[Walter Murphy @waltergmurphy]

Today's decline effectively ruled out a fourth wave correction count, satisfied the minimum requirements for a complete pattern from the March low, and opened the door for a Fibonacci retrace of the entire Mar-Sep rally.

[Walter Murphy @waltergmurphy]

If you're keeping count, today was the lowest downside volume in two months.