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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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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

Daily ETF Roundup: DBB Slides On Copper’s Weakness, XLU Rises On Exelon Strength

Business & Finance : Business Insider: Money Game (3 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


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