What we are looking at above is the number of stocks that are above the 200 day moving average inside the S&P 100 index. After the close Thursday and Friday we had a sharp move back above the go long signal. Anytime you have 65% of the stocks in the S&P 100 above the 200…
TSP Distribution: C-fund 50%, S-fund 40%, G-fund 10% I will post more later tomorrow but just know that Thursday and Friday were awesome in more than just saving the week.
We had a very nice pop on the market today. I didn’t think that it was going to hold, but the majority of the gain held. In 4 days of trading this week what have we ended up with? nothing. We had a big drop on European news Monday and today why did we get…
TSP Distribution: C-fund 50%, S-fund 40%, G-fund 10% This past Friday was not as nice as the Friday before. If you remember, Friday a week ago basically saved the week from being a major loser and this week we got just the opposite. What makes this Friday worse is that every single index created a…
What a day Friday was for the markets. Today’s move in the market basically wiped out all the down days for the last 5 trading days and put us back to even. So the chart above would have been really ugly without it. Above we have the S&P and Small Cap and they look almost…
Things appear to becoming critical once again on the Stock Market. Every index closed at of near the their 50 day moving averages and now with that, support levels are coming into play. Tomorrow we really need an up day to hold all these levels. Click on the links below to see price and moving…
S&P 500Small Cap International Index Number of S&P 100 Stocks above their 150 day moving average.There is not much I want to say about any of the indexes with the exception of just a few points. Below is the 10 minute chart of the S&P 500. Look at the last square to the right of…
I will not be entering the International fund Friday because Thursday it failed to break above the CBL line, so it is still a watch and wait scenario. Apparently there is a jobs report number coming out tomorrow, so things could bounce in either direction tomorrow.
The S&P 500 is confirming the uptrend and I would say if your out you should be in. Monday we closed above $1363 and today we were up, so this was the enter day again. The CBL protective bailout looks to be cancelled and we will be watching the 50 day ma to make our…
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