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NASDAQ’s Strength Points To More Upside

When the ADX black line (shown below) is at low levels, it is indicative of a trendless or sleepy market. When the line begins to rise it shows a strengthening trend (up or down). A move from low levels to 51.55 is very rare and only found during the early stages of strong [...]
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Daily ETF Roundup: DBB Slides On Copper’s Weakness, XLU Rises On Exelon Strength

Business & Finance : Business Insider: Money Game (4 years ago)

Despite a reasonably strong start to the day, American equity markets finished the day slightly below where they started. The Dow was off by a single point while the S&P 500 finished down by 0.1% and the Nasdaq slumped by 0.5% as br... Read Post

Markets Shrug Off Chinese Rate Hike: Here Are The 10 Trades To Watch Right Now (AIG, YPF, XRT, SU, MTL, EWP)

Business & Finance : Business Insider: Clusterstock (4 years ago)

U.S. equity markets are showing great strength today, holding up after the Christmas Day China interest rate hike. DOW down 0.26% S&P 500 down 0.15% NASDAQ down 0.44% European and Chinese indices were not so lucky. DAX down 1.16% CA... Read Post

Our Favorite Stock Market Indicator Chart Is Showing Some Signs Of Cracking

Business & Finance : Business Insider: Clusterstock (2 years ago)

Here's a chart we've run numerous times over the past couple of years. It shows the S&P 500 (blue) vs. initial jobless claims (in red, flipped upside down, so that the line goes up, when claims improve). The two lines don't move per... Read Post

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