#Bulls #Bears #stocks $SPY $SPX The Bulls are encouraged by the strengthening breadth of The Trump Rally.’s extension. A gauge of momentum: the 5 Day MA of new 52-wk highs on the NYSE relative to lows is just off its 10 yr highs. The Bears are pointing to measures of extreme positive sentiment; such as […]
#DJIA #stocks #NYSE $DIA $QQQ $SPY $USO $USD $XAU $GLD Wednesday, the DJIA finished the day above 27,000 after Pfizer (NYSE:PFE) announced that it had struck a deal with the US government for the C-19 coronavirus vaccine it is developing with BioNTech SE. The NAS Comp finished the day up 0.2%, the DJIA gained 0.6%, and the S&P 500 rose 0.6%. Market breadth was good: More than […]
Extreme Volatility and Market Breadth Seen in Coming Days $DIA, $GLD, $SLV There was some excitement Tuesday, as the Dow Jones was down 1.41% and the NYSE saw a day of extreme breadth. But the Dow Jones Industrial Average (DJIA) recovered from its early week losses, and ended the week higher than last Friday’s close. The […]
Commentary: Paul Ebeling on Wall Street, Bulls Vs Bears, Support & Resistance $DIA, $SPY, $QQQ, $VXX The near term stock market picture is more indices starting to show wear, tear and threatening a break lower similar to NAS & SOX. DJJIA and RUTX started to crack their 50-Day MA’s just as SOX and NAS did […]