Want to Know Where Stocks Are Headed Intraday?

Want to Know Where Stocks Are Headed Intraday?

Day traders take note. The TICK Index -- measuring the number of New York Stock Exchange securities trading on an uptick minus those trading on a downtick -- is a decent tool for predicting the direction of equities over the next few minutes. Granted, the correlation isn’t perfect and there are false starts, but on the whole it lends an intraday signal.

I am the voice of Americas Global Squawk . If you are unfamiliar with it we speak news, tweets, observations, key levels in cross assets etc into dealing rooms. I was a rates and FX trader with almost 40 years on the street.

If you want to try it type SQUA <GO> on the terminal and when you see launch pad click on global macro. A lot of sales traders use it to call clients to pass along news and often it triggers a trade-it really works. Bottom line we are ex-traders trying to help traders make money and we do.

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Feel free to reach out anytime.


Vincent


Nope-straight up and down ticks

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Robert McKeon

Retired. Macro FX trader -

5 年

Is there any volume weighting?

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