Are we climbing the Wall of Worry? Hope so, this could be a good sign the market is turning around.
Weekly stock market analysis based on Stan Weinstein's stage analysis principles. Bull and Bear Market readings, Buy and Sell checklists, Dow, S&P, Nasdaq, GDOW, NYSE, NYSE A-D, NYSE 52 week highs and lows.
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Saturday, April 2, 2016
Weekly Market Update: Much Improvement
The market looks pretty good this week. We are back to 7 out of 9 indicators in positive territory. The Global Dow is just slightly above its 30 week moving average, so technically we should have 8 out of 9 indicators in the green, but I'd prefer to see it clearly above the line before I call it positive.
Are we climbing the Wall of Worry? Hope so, this could be a good sign the market is turning around.
Are we climbing the Wall of Worry? Hope so, this could be a good sign the market is turning around.
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