The Daily Number Articles

Today's number is... 351

On Monday, the S&P 500 closed down by 1.46%. However, if you look deeper, you will actually see that 351 (69%) S&P 500 stocks advanced while only 152 declined for the day.

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Today's number is... 22

My Developed Markets Advance-Decline line, which consists of 22 developed markets, just closed at an all-time high.

Here’s the chart:

Today's number is... 0.0%

After a brief pullback in the larger trend, the bulls have regained control and pushed the S&P 500 higher. The S&P 500 now has a 0.0% drawdown, which means that it's at an...

Today's number is... 17.5

Bank of America's US High Yield Option-Adjusted Spread is currently at its lowest level in 17.5 years.

Here’s the chart:

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Today's number is... 50%

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Today's number is... 12.5

The 1-week rate of change in Investors Intelligence bears has spiked to 12.5%.

Here’s the chart:

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Today's number is... 3

After 3 years, the Consumer Discretionary versus Consumer Staples ratio has exceeded its previous cycle highs from 2021.

Here’s the chart:

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Today's number is... 1

Yesterday, the bulls demonstrated that they are still present, with the S&P 500, 400, and 600 reaching their highest 1-month highs since November.

Here’s the chart:

Today's number is... 16

My Fear or Strength Model has been in bearish mode for the last 16 trading days.

Here’s the chart:

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Today's number is... 28.5

Market sentiment is shifting as the average bears reached 28.5 last week, the highest reading since November 2023.

Here’s the chart:

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Today's number is... 19

My RORO Risk Range Summary, which includes 19 Risk-On versus Risk-Off ratios, has shifted to slightly favor risk-off assets.

Here is the chart:

Today's number is... 0.64%

The First Five Days indicator for 2025 showed a positive return of 0.64%. 

Here’s the table:

Here’s a bonus table highlighting all the positive...

Today's number is... 1.60%

The S&P 500 under the hood is bifurcated!

The average stock in the S&P 500 is only 1.60% above its 200-day moving average.

Here’s the chart:

Today's number is... 100%

Our US Dollar Long Term Percent Bullish breadth reading just reached 100%.

Here’s the chart:

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Today's number is... 4

The S&P 500 index is holding up well as it is only 1.89% below its all-time high; however, when we take a closer look at the individual stocks, we can see that they have begun to dip below 4...

Today's number is... Q1

After two weeks of enjoying the Australian summer at the beach house, I've returned to my desk! I hope everyone had a lovely Christmas and celebrated the start of the new year with family and friends!...

Today's number is... 2

We only have two out of nine indicators flashing green on my bull market behavior checklist.

Here is the table:

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Today's number is... 97%

Forewarning: This note will take two minutes to read as a lot has happened since yesterday's move lower:

- The Dow Jones Industrial Average recorded its 10th...

Today's number is... 37.3 > 34.3

More S&P 500 stocks are in downtrends than uptrends.

37.3% are in downtrends… and 34.3% are in uptrends.

Has the environment switched? Maybe...

Today's number is... 3

The Hindenburg Omen has triggered for the 3rd time over the past 110 trading days.

The Hindenburg Omen is designed to identify potential turning points in the stock market, raising...

Today's number is... 16

We’re now in the homestretch of 2024, and the 16th of December is when seasonality becomes a tailwind for stocks for the remainder of the month.

Here’s the chart:

Today's number is... 8

We have now experienced 8 consecutive days with more S&P 500 stocks declining than advancing. 

But, this time it is different…

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Today's number is... 1

We have now experienced seven consecutive days with more S&P 500 stocks declining than advancing. Are we finally going to see an expansion in the new lows list?

The short answer is yes… ...