This evening we continue to delve into the incredible mind of Phil Erlanger who is the founder of Phil Erlanger Research Inc. and the creator of Erlanger Chart Room. The second subject is how we determine with stocks are being bought or sold by investors.
The concept of tracking net buying or selling is very simple. Is there demand for the stock or do investors want to unload shares? For this, Phil uses the Erlanger Volume Swing (EVS) across multiple periods to decide the bias. One of the great videos on EVS that Phil created was in August of 2009.
Despite its age, the video is worth the time.
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