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

Movement has become difficult after weeks of advances, which suggests a downturn may be near.
Low volume, small trading ranges and small differences between the opening and close are the norm.
Also, charts for Tesla and Sirius XM.
Small trading ranges and the lack of progress we're seeing are earmarks of the topping-out process.
Risks far outweigh the possible rewards of buying into late bullishness.
We have a market that is saying it is headed lower.
Every small wave between last summer's pullback and subsequent rise is similar to action this year.
The lack of fear, by way of the VIX, speaks volumes about where the market is headed.
Also, charts for Boeing and Citigroup.
The implication of our volume methodology is that we are close to a downturn.

Columnist Conversations

Rolling SDS long sale proceeds into SPY/QQQ $2.5 billion to buy at month end, aiding markets. Trying to be opp...
Money Management firm Waddell & Reed (WDR) is having a bad year. The news is reflected in the price which ...
Executive search firm Heidrick & Struggles (HSII)is back to buying range after a dip to below $20. At $19....
Whatever your views on the presidential race it should disturb you that people are willing to resort to violen...

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.