• 525 days Will The ECB Continue To Hike Rates?
  • 526 days Forbes: Aramco Remains Largest Company In The Middle East
  • 527 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 927 days Could Crypto Overtake Traditional Investment?
  • 932 days Americans Still Quitting Jobs At Record Pace
  • 934 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 937 days Is The Dollar Too Strong?
  • 937 days Big Tech Disappoints Investors on Earnings Calls
  • 938 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 940 days China Is Quietly Trying To Distance Itself From Russia
  • 940 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 944 days Crypto Investors Won Big In 2021
  • 944 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 945 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 947 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 948 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 951 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 952 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 952 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 954 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

Do Institutional Investors Still Control the Stock Market?

Over time, we have continually espoused the value of following the Institutional Index of "core holdings".

It is not really an index, but rather, it is a compendium of the majority of stocks that Institutional Investors own from an invested value standpoint. Because Institutional Investors own a majority of the market, it is the reason that the market can be influenced by Institutional Investors.

It is the reason why a third of the daily charts we post (daily) cover Institutional trending, daily Institutional Buying and Selling levels, Institutional Accumulation and /or Distribution, etc.

One of the charts I like is a Point & Figure chart of the Institutional "core holdings". For those unfamiliar with Point & Figure charts, they are charts where only the price movements are considered with the time element taken out.

In a sense, they can give a purer reading of the trending. Add the fact that the Institutional "core holdings" are not really an index, you then have a index representation of the market that can't be invested in, shorted, manipulated, or anything else. It is just there ... telling you what is going on without outside influences.

Enough talk ... let's take a look at today's 30 Minute Point & Figure chart for the Institutional "core holdings" that goes back to this past June. More importantly, this chart was created at 9:48 AM this morning, so it reflects the drop that happened since the open.

What it show's is that the index dropped from the arrow (at the close yesterday), to the bottom of its support at 9:48 AM this morning. So, now at the support, stocks have a decision to make ... fail below the support and move down further, or bounce off of the support and keep its up trending in place. What will it do? We shall know the answer by the end of the day, but for now, it is holding at the support line.

Institutional Core Holdings - 30 Minute Point & Figure Chart - June 2012

 

Back to homepage

Leave a comment

Leave a comment