To gain an edge, this is what you need to know now.

Net Supply Of Stocks

Please click here for a chart of Nasdaq 100 ETF (QQQ).

Note the following:

  • In the Morning Capsule we wrote,

The chart shows that RSI is overbought and beginning to roll over.  This indicates that the rally is overdone.

  • The chart shows the follow through rally from yesterday into the pre market.
  • The chart shows the PPI release added more fuel to the rally.  Please read the Morning Capsule for details of PPI.
  • The VUD indicator is the most sensitive measure of net supply demand in real-time.