Expanding on the Minyanville dictionary to explain the jargon frequently used by Minyanville professors on the Buzz.


Professor Depew often refers to bullish percent charts and indicators. In this fine primer, Kevin notes that bullish percent charts simply measure the 'percent of something doing something'--usually in point and figure (PnF) chart format.

This chart is the S&P500 Bullish Percent. It shows the percent of stocks on PnF buy signals. At the time of this particular missive, the chart indicates that 70%+ of all S&P stocks were on buy signals, which indicated that demand was firmly in control but extended to a point that historically indicates high risk.

Bullish percent charts are ineffective timing indicators. Instead, they reflect overall market context, since they help us understand current 'field position' and general risk conditions. Combined with predictive approaches, bullish percent charts can help develop market awareness.

Professor Depew has prepared excellent tutorials on point and figure charts and bullish percent indicators:

Point & Figure Basics Part I
Point & Figure Basics Part II
Point & Figure Basics Part III
Point & Figure Basics Part IV
Bullish Percent Primer


 Look up other terms at the Market Lingo Library