The S&P 500 (SPX) fell below 4-week lows, down 2.38%, its biggest drop since 2/4/10. Volume rose substantially to confirm the downturn. Breadth (advances-declines) was very bearish. Sentiment had been complacently bullish...
Read MoreMaterials Stock Sector Relative Strength Ratio (XLB/SPY) fell to its lowest level in 3 months on 5/3/10 and remains bearish. Absolute price of XLB fell to its lowest level in 5 weeks on 5/3/10 and has neared the neutral zone....
Read MoreBased on prices as of the close on Friday, April 30, 2010. 4-Year Outperformance by the Top 10 Exchange Traded Funds Weekly Rankings of Major Trend Relative Strength My weekly Top 10 ETFs ranked by the Major Trend Relative...
Read MoreTechnology Stock Sector Relative Strength Ratio (XLK/SPY) gave a bearish signal when it fell below 2-week lows and fell below both 50- and 200-day simple moving averages. Absolute price also fell below 2-week lows but remains...
Read MoreThe Dow-Jones Transportation Average closed above its closing price highs of the previous 19 months and remains bullish. Industrial Stock Sector Relative Strength Ratio (XLI/SPY) rose above 18-month highs and remains bullish....
Read MoreForeign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) fell below 14-month lows and remains bearish. Gold rose above the highs of the previous 6 months, thereby confirming the bullish trend for the intermediate-term trend....
Read MoreMaterials Stock Sector Relative Strength Ratio (XLB/SPY) fell sharply and is now bearish again. Financial Stock Sector Relative Strength Ratio (XLF/SPY) broke below 6-week lows and remains neutral. Consumer Staples Stock Sector...
Read MoreDow Theory again confirmed a Bullish Major Trend, as both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above their closing price highs of the previous 18 months. Consumer Discretionary Stock...
Read MoreBased on prices as of the close on Friday, April 23, 2010. 4-Year Outperformance by the Top 10 Exchange Traded Funds Weekly Rankings of Major Trend Relative Strength My weekly Top 10 ETFs ranked by the Major Trend Relative...
Read MoreDJIA, DJTA, S&P 500, NASDAQ Composite, Small Caps, Mid Caps, Value, Growth, and Cumulative Daily Advance-Decline Lines for both the NYSE and NASDAQ rose above 18-month highs. All confirmed the Bull Market. Absolute price...
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