NYSE Member Short Sales Ratio
The NYSE Members Report is compiled by the SEC and issued about two weeks after the applicable date. This indicator is a useful tool to determine what the experts are doing. The NYSE Member Short Sales Ratio is computed by dividing the total member short sales by total short sales. A moving average should be applied to smooth out the swings. Members of the NYSE are professionals and normally right about the trend of the market. If they are shorting heavily the market is usually ripe for a correction. On the other hand, if they are doing relatively little shorting it is most likely that the market has hit bottom, especially if public- and odd-lot short sales increase at the same time.
Dow Jones for comparison | S&P 500 for comparison | Main Menu | Updated charts are available on WallStreetCourier.com
Past performance does not guarantee future results!
