Market Breadth Data******************************
Thursday, May 30, 2013
Saturday, May 25, 2013
Tuesday, May 21, 2013
Monday, May 20, 2013
Sunday, May 19, 2013
Friday, May 17, 2013
GLD Channel
GLD weekly testing the bottom of the channel. Lower support @ 128:
Continuing intraday waterfall decline in progress:
Continuing intraday waterfall decline in progress:
Thursday, May 16, 2013
Wednesday, May 15, 2013
Tuesday, May 14, 2013
OEX and Market Breadth
The major indices have stalled at their highs while market breadth has been steadily declining and is reaching oversold levels:
Any sign of a turnaround in market internals should propel the indices higher.
Any sign of a turnaround in market internals should propel the indices higher.
Friday, May 10, 2013
Thursday, May 09, 2013
Wednesday, May 08, 2013
SPX Momentum
SPX momentum indicator reaching historical peak levels with less stocks participating in the rally:
Notable laggards: MSFT, AEP, GILD, MCD, SO, AMGN, MDLZ, WMB, PFE, ABBV, MRK, BMY.
Trading at or near resistance: JNJ, CVS, WMT, NWSA, TGT, OXY, MA, BK, MO, AXP, NKE, V, CVX, EMC, KO.
Notable laggards: MSFT, AEP, GILD, MCD, SO, AMGN, MDLZ, WMB, PFE, ABBV, MRK, BMY.
Trading at or near resistance: JNJ, CVS, WMT, NWSA, TGT, OXY, MA, BK, MO, AXP, NKE, V, CVX, EMC, KO.
GS Best and Worst
GS' March picks are on average 30% away from target.
But, they are back, swinging for the fences, with another set of wild targets.
Here's the list of 10 Most Undervalued:
and 10 Most Overpriced stocks:
compared to OddsTraders' targets (in green)
But, they are back, swinging for the fences, with another set of wild targets.
Here's the list of 10 Most Undervalued:
and 10 Most Overpriced stocks:
compared to OddsTraders' targets (in green)
Tuesday, May 07, 2013
Monday, May 06, 2013
Saturday, May 04, 2013
Friday, May 03, 2013
DJIA, SPX and IWM Breakout
DJIA and SPX following Qs breakout lead on max. market breadth:
Russel 2000 joining the party as well:
Russel 2000 joining the party as well:
Thursday, May 02, 2013
QQQ Support
The Qs monthly chart shows that previous resistance, at the 50% retracement level, has now become support:
Bulls should be encouraged by the fact that the Qs are taking the lead.
Bulls should be encouraged by the fact that the Qs are taking the lead.
Wednesday, May 01, 2013
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