Our equities model will make the following change at today’s close…
Pretty unusual to see S&P futures post
When the market moves consistently higher
Last Tuesday I noted that the daily Leading TICK and SPX opening-based advance/decline line both made new highs for the year.
Here’s the latest look at the Leading TICK daily chart…
One measurement we track is the percentage of stocks across all exchanges above their 20-day average.
With Q1 drawing to a close, it’s worth noting that the S&P500 is
On Friday, volume associated with declining stocks on the NYSE was greater than volume in advancing stocks despite the higher close and positive breadth.
A close above SPX 2058 next Tuesday would mark the ninth consecutive higher quarter for the S&P500. I saw someone on CNBC the other day point to the quarterly chart of the S&P and declare that a down quarter would have ominous implications. Really?
New 52-week lows among S&P500 components pulled ahead of 52-week highs on Thursday. One of the hallmarks of the current bull market is that 52-week lows have