Stocks recovered from relatively steep morning losses to close moderately higher. Trading volume rose to confirm the upturn. Cumulative Daily Advance-Decline Lines for both the NYSE and NASDAQ rose above 18-month highs. NASDAQ...
Read MoreStocks finished mixed to slightly higher on Wednesday. The correction or consolidation since the peak on Thursday 4/15/10 may have further running time left on the clock. Consumer Discretionary Stock Sector Relative Strength...
Read MoreStocks partially recovered again, for the second day. Still, that does not necessarily signal the end of the correction that started last Friday. Volume declined on the upside–again. Consumer Discretionary Stock Sector...
Read MoreThe markets recovered normal fractions of Friday’s steep losses, but that does not signal the end of the correction. Volume declined on the bounce. Breadth was bearish, with more declines than advances. There were no significant...
Read More4-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 Strength outperformed the S&P 500 by 113 percentage points...
Read MoreThe S&P 500 fell 1.61% on Friday, its biggest daily loss since 2/4/10. The drop took away all the gains of the previous 4 trading days and left the S&P with a loss for the week. On Friday morning, the SEC charged...
Read MoreThe major stock price indexes and A-D Lines rose to new highs, again confirming the major bullish trend. Consumer Discretionary Stock Sector Relative Strength Ratio (XLY/SPY) rose above 5-year highs while absolute price of XLY...
Read MoreThe major stock price indexes and A-D Lines rose to new highs, which confirm the bull market. Consumer Discretionary Stock Sector Relative Strength Ratio (XLY/SPY) rose above 5-year highs while absolute price of XLY closed above...
Read MoreConsumer Discretionary Stock Sector Relative Strength Ratio (XLY/SPY) rose above 4-year highs while absolute price of XLY closed above 17-month closing price highs. Both remain bullish. Industrial Stock Sector absolute price...
Read MoreThe Dow Theory again confirmed a Bullish Major Trend on 4/12/10, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above their closing price highs of the previous 18 months. Also...
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