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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I read the tape, not the news!
Saturday, September 17, 2016
Weekly Stock Market Update: Caution Flag
The market is showing some signs of weakness. The major indexes average close lines are moving down towards the 30 week moving average. We barely had more new highs, than new lows this week. The Dow increased while the NYSE Advance-Decline decreased. All of this points to some caution in the weeks ahead.
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