"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 1 hour Is This The Death Of The iPhone X?
  • 2 hours Is London Still The Financial Capital Of The World?
  • 3 hours Is Gold Staging A Comeback?
  • 4 hours The $200 Million ‘Golden Parachute’ For Rupert Murdoch
  • 5 hours Bitcoin’s Breakout Is Not As Bullish As it Seems
  • 7 hours Farmers On Edge As Trade War Hits U.S. Grain Shipments
  • 9 hours Is Silver Poised For A Massive Break Out?
  • 1 day Meet The Hedge Fund Billionaires Club
  • 1 day The Next Housing Crisis Could Be Right Around The Corner
  • 1 day Cartel's, Pirates And Corruption Cost Mexico $1.6 Billion Per Year
  • 1 day Africa’s Fastest Growing Economy
  • 1 day The Blockchain Boom Hits The Utilities Sector
  • 1 day Why Smart Money Is Selling Off Right Before The Bell
  • 1 day Tech Giants Rally Ahead Of Earnings Reports
  • 2 days Global Debt Hits 225% Of GDP
  • 2 days The World’s First Trillionaire Will Be A Space Miner
  • 2 days How Student Debt Could Cause The Next Real Estate Crisis
  • 2 days This $550 Billion Industry Is Betting On Bitcoin
  • 2 days One Commodity Set To Soar On Russian Sanctions
  • 2 days China’s New Car-Market Rules
Tech Giants Rally Ahead Of Earnings Reports

Tech Giants Rally Ahead Of Earnings Reports

Earning season has just begun,…

Investors Bullish As Earnings Season Kicks Off

Investors Bullish As Earnings Season Kicks Off

The first round of earnings…

Oligarch Risk: The New Red Flag For Investors

Oligarch Risk: The New Red Flag For Investors

Investors are scrambling to diversify…

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

More Info

When Does This All End?

How does a retail trader know when prices in the stock market are at an extreme level?

Very simply, when the price for utility stocks are extreme. When prices for water, power and gas companies are just, well, crazy! The other characteristic is to look at market leaders, to see if very high volume is present when prices charge into all-time highs. This high volume represents the composite man selling to those who are very late to the party.

Who is the composite man?

Richard Wyckoff definition…"all the fluctuations in the market and in all the various stocks should be studied as if they were the result of one man’s operations. Let us call him the Composite Man, who, in theory, sits behind the scenes and manipulates the stocks to your disadvantage if you do not understand the game as he plays it; and to your great profit if you do understand it.”..

You may notice when making a call on the stock market, one refers to the stock market at not economic stats or FED actions for the simple reason the stock market must be judged by its own actions. Price and volume action clearly shows if the composite man releasing stock float to the public (or those very late to the party), and as the composite man is judged to be the informed money the retail trader would be wise to heed their actions.

The Dow Jones Utility stock index is near the long term upper channel, a reach to $850 would attract heavy selling and a top is very likely.


Click for popup. Clear your browser cache if image is not showing.

Here is an example of a leading market leader attracting selling by the composite man, the retail investor should read the tea leaves and understand that the smart money is selling down stock float inventories.


Click for popup. Clear your browser cache if image is not showing.

 

Back to homepage

Leave a comment

Leave a comment