Arms is a renowned stock market technician. He invented the Arms Index (often referred to as the TRIN), which has become a mainstay of market analysis, appearing daily in The Wall Street Journal and weekly in Barron's. Arms also developed the widely used technical method Equivolume Charting.Expand

Since 1996, Arms has been publishing the Arms Advisory newsletter for money managers and financial institutions. He also has authored five books, including Stop and Make Money: How to Profit in the Stock Market Using Volume and Stop Orders, Profits in Volume and Trading Without Fear, and has been honored with the Market Technicians' Award for Lifetime Contribution to Technical Analysis. Earlier in his career, he was a retail broker for 15 years at E.F. Hutton and, later, managed an institutional portfolio with assets of about $150 million.Collapse

Light volume and small trading ranges indicate indecision and confusion.
Recent technical damage puts the continuity of post-election advance into question.
The support of the previous two weeks has been decisively broken.
Fearlessness has always led to corrections.
If the techs are breaking, look out.
Upward mobility of a week ago for the major averages has gone into slow motion.
It appeared they were off to the races, but now it looks like they've hit a wall.

Nasdaq Shows Signs of Weakness Real Money Pro($)

While the Dow is trading sideways, Nasdaq downtrend may already have started.
The Dow makes new highs while the Nasdaq and S&P have problems.
Longer-term implications of the VIX chart are disturbing.

Columnist Conversations

volatility is quite low here, and we could see some downsides here in the short term. ...

BEST IDEAS

News Breaks

Powered by

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.