Stock market internals increased selling intensity, but still far from panic

📆 8/05/2019 5:24 AM
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The Dow is now down 500 points, but stock selling is far from a panic level

The Arms Index, a volume-weighted breadth measure, for the NYSE and Nasdaq are showing increased selling pressure in the broader stock market, but it's still nowhere near panic-like activity. The Arms tends to rise above 1.000 as stocks fall, as the ratio of advancing/declining volume tends to fall more than the ratio of advancing/declining stocks. In afternoon trade Tuesday, the NYSE Arms rose to 1.532 from 1.34 on Monday and the Nasdaq Arms increased to 1.201 from 1.19.

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No panic ! The stock market will be back up in the next couple of days! Change it to the scam market !

Well thats not good...so panic selling hasn't started Yet...sheesh

Yet.

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