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NameFB1FB2FB3FB4FB5
Market80.5%80.3%75.9%68.3%61.4%

Data updated 8/24/2010 5:18:23 PM

Factors Influencing the Market Over the Next Week

    Bullish
  • 61.4% of all Stocks are expected to rise
  • 10 of 16 Sectors are expected to rise
    Bearish
  • None

Notes

  • Financial Market Reader uses a pattern-matching algorithm on common technical analysis indicators to create ratings for each of the next five days for each indicator. 
  • The closest historical matches are used to compute the likelihood of rise or fall over the week. 
  • "FMR": a proprietary rating that is assigned to each stock. Ratings range from +50 to -50. Market and Sector ratings are averages of their component companies. 
  • "FB", or "Future Breadth", represents the percentage of stocks expected to rise. It is a forward-looking equivalent of the traditional breadth measurements. 
  • The number after "FMR" or "FB" indicates the number of days it is looking ahead.
  • "FMR" averages the rating for the next five days and the rating change from yesterday. 
  • "Weighted" adds the sector FMR to a company's FMR.
  • In general, the correlation between future change and FMR is double the correlation between future change and any of the preceding indicators.
  • Clicking on "R1", "R5", Score", or "Weighted" changes the sort order.
  • "^Up": drills-up to the higher index level.  i.e. from "company" to "Sector".
  • The "(Sectors)" or "(Companies)" links allow you to display the components of an index.  i.e. a sector's companies.
  • "Details": displays a chart of the expected daily P&L for a given company or index over the next week.
  • "Chart": displays the company's chart from SmartCharts.com

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