There continues to be improvement in the number of stocks above their 40 DMA. Earlier this am the NYSE (Top orange) had a lower value than yesterday, that has improved during lunch an now all are in the improvement camp.
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Watch the race unfold - who will make you more money, the technical analyst Dr. Martin Zweig or the famous economist Dr. Roubini. Since March 23rd, when the Zweig Breadth indicator fired and marked the beginning of a bull market we went all in. This is the return results of a 100% spy investment vs. the Roubini stay in cash strategy. Read the article here.
The spreadsheet that drives this real-time graph is also available here.
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2009
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December
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Dec 03
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- 40 DMA % Index Still on the bull-side of the line ...
- Zweig.. Fails to confirm thrust.. all hope lost?
- 52 Week New Highs - NYSE has already passed y'day..
- 10 Day High - Low Mid-day - Continues to confirm t...
- 40 DMA % Index continues to improve in here..
- Mid-Day Zweig Update - 12/3 - Where's the beef?
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Dec 03
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December
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