Weekly Stock Market Update: Continued Uptrend

With the exception of the NYSE vs. Dow, the indicators are continuing in their upward trend. 

Scott Galloway has this very interesting analysis for FAAG on youtube in his talk titled Oligopoly of FAAG (Facebook, Amazon, Apple, and Google) in Media, Advertisement and Tech.


All four are in a stage 2 accumulation stage. Are they taking over the world?

Weekly Market Update: All trends are positive

The indicators are all positive. The market wants to go higher. Let's look at each.  As you can see they are all in positive territory and appears to have shrugged off the little, teeny-tiny dip from last week.

http://www.barrons.com/public/page/9_0210-trddiary.html

Weekly Stock Market Update: Climbing the Wall of Worry

With the French election fears appearing to abate, the stock market rallied yesterday. All my indicators, save the interest rate, are still green. This could be a bounce.

 

Weekly Stock Market Update: Caution Continues

The major indexes are inching down towards their 30 week moving average lines. The market could be entering into a pause and possibly a correction. CNN's Fear & Greed Index is now at Extreme Fear, and the VIX just broke above its 30 week moving average line. See this chart.

Weekly Market Update: Caution

All the indicators are technically still green but there are some hints of a correction coming as the major indexes are approaching their 30 week moving average lines. We will look to see if they breach those lines in the next few weeks.

Finviz has some neat heatmaps on their site. It's a great way to see how the market is doing if you like visual tools. I love visual tools!

Weekly Stock Market Update

Stocks continue their upward climb. All indicators are up.

Some possible Stage 2 candidates include:

• VRSN - VeriSign, Inc.
• HD - Home Depot

Weekly Stock Market Update: Mixed

It seems there is a lot going on lately. The Health Care Bill didn't pass and it should be interesting to see if politics have an affect on the markets in the week ahead.

It's been awhile since we looked at the broad market indicator readings. At the moment, we have 3 negative and 5 positive. Possible signs of slippage are beginning to emerge, however, it is too early to predict a down market. Caution is the word of the week.

This Barron's chart of the Dow Jones Industrial Average (DJIA) vs the NYSE close who's both indexes were down this week. They've been showing some weakness over the last 3 weeks.


CNN's Fear and Greed Index went into Fear territory this week as well.