Stock market’s Arms Indexes show buying behavior is calm, collected

While the stock market sees a big, broad rally Thursday, the Arms Indexes suggest investors are buying in a very calm and collected manner. The Arms is a volume-weighted breadth measure that is used to depict the intensity of buying and selling in advancing and declining stocks, by comparing the ratio of advancing stocks to declining stocks to the ratio of advancing volume to declining volume. Typically, the Arms Index, also known as the TRIN, falls below 1.

500 and above 2.000 suggest panic-like behavior. In midday trading, the Dow Jones Industrial Average DJIA, +1.10% climbed 381 points, or 1.2%, the S&P 500 SPX, +1.42% ran up 1.4% and the Nasdaq Composite COMP, +1.34% jumped 1.3%. But the Arms Indexes were barely budged, at 1.101 for the NYSE and 0.829 for the Nasdaq. The number of advancing stocks outnumbered decliners by a 6.32-to-1 margin on the NYSE and by 3.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock Market News, Oct. 31, 2023: S&P 500 Finishes Day Higher as Indexes End October With LossesPfizer, Caterpillar earnings in the spotlight; Bond yields dip
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »

Stocks End October With Gains, Post Monthly LossesIndexes advance, Treasury yields slip ahead of Fed’s next interest-rate decision
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »

Stock Market News, Nov. 1, 2023: Stocks Close Higher After Fed Keeps Interest Rates UnchangedNasdaq leads indexes higher; Dow up more than 200 points
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »