MarketCommentary.com - NLX Quantified Market Performance
Market Commentary Following The Underlying Trends of the NYSE and NASDAQ Composite Indexes
Market Commentary
Whimper
U.S. stocks finished the last trading day of July with a whimper after a month of strong gains.
For the week, the NYSE gained .49%, while the NASDAQ lost .65%.
Since May 4, 2010, when the NLX NYSE turned Bearish, the NYSE has declined 4.61%.
Since July 23, 2010, when the NLX NASDAQ turned Bullish, the NASDAQ has declined .65%.
NLX NYSE +68
NLX NASDAQ +150
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
For the week, the NYSE gained .49%, while the NASDAQ lost .65%.
Since May 4, 2010, when the NLX NYSE turned Bearish, the NYSE has declined 4.61%.
Since July 23, 2010, when the NLX NASDAQ turned Bullish, the NASDAQ has declined .65%.
NLX NYSE +68
NLX NASDAQ +150
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
NLX NASDAQ Turns Bullish
The NLX NASDAQ has turned Bullish after being Bearish since May 4, 2010.
U.S. stocks soared on news that European banks largely passed a round of government stress tests and switched their focus back to positive U.S. corporate earnings results.
For the week, the NYSE rallied 3.81%, while the NASDAQ jumped 4.15%.
Since May 4, 2010, when the NLX NYSE turned Bearish, the NYSE has declined 5.07%.
Since May 4, 2010, when the NLX NASDAQ turned Bearish, the NASDAQ has declined 6.38%.
NLX NYSE +55
NLX NASDAQ +113
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
U.S. stocks soared on news that European banks largely passed a round of government stress tests and switched their focus back to positive U.S. corporate earnings results.
For the week, the NYSE rallied 3.81%, while the NASDAQ jumped 4.15%.
Since May 4, 2010, when the NLX NYSE turned Bearish, the NYSE has declined 5.07%.
Since May 4, 2010, when the NLX NASDAQ turned Bearish, the NASDAQ has declined 6.38%.
NLX NYSE +55
NLX NASDAQ +113
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
Friday Fall
U.S. stocks plunged on Friday as a double dose of discouraging earnings reports and concerns about the pace of the economic recovery wiped out major market gains for the week.
For the week, the NYSE slipped 1.46%, while the NASDAQ sank .79%.
Since May 4, 2010, when the NLX NYSE turned Bearish, the NYSE has declined 8.56%.
Since May 4, 2010, when the NLX NASDAQ turned Bearish, the NASDAQ has declined 10.11%.
NLX NYSE -1
NLX NASDAQ -36
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
For the week, the NYSE slipped 1.46%, while the NASDAQ sank .79%.
Since May 4, 2010, when the NLX NYSE turned Bearish, the NYSE has declined 8.56%.
Since May 4, 2010, when the NLX NASDAQ turned Bearish, the NASDAQ has declined 10.11%.
NLX NYSE -1
NLX NASDAQ -36
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
Earnings
U.S. stocks finished Tuesday's session sharply higher posting their sixth straight session of gains on upbeat earnings.
The Dow is now within 65 points of where it began the year.
NLX NYSE +42
NLX NASDAQ +68
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
The Dow is now within 65 points of where it began the year.
NLX NYSE +42
NLX NASDAQ +68
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
1896
The Dow had its biggest weekly gains since July 2009 and rebounded from its worst five day performance leading up to the Fourth of July since 1896.
For the week, the NYSE jumped 5.81%, while the NASDAQ rallied 5.00%.
Since May 4, 2010, when the NLX NYSE turned Bearish, the NYSE has declined 7.20%.
Since May 4, 2010, when the NLX NASDAQ turned Bearish, the NASDAQ has declined 9.40%.
NLX NYSE +19
NLX NASDAQ -16
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
For the week, the NYSE jumped 5.81%, while the NASDAQ rallied 5.00%.
Since May 4, 2010, when the NLX NYSE turned Bearish, the NYSE has declined 7.20%.
Since May 4, 2010, when the NLX NASDAQ turned Bearish, the NASDAQ has declined 9.40%.
NLX NYSE +19
NLX NASDAQ -16
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
Jobs
U.S. stocks ended a punishing week, the worst since May 7th, that sent major markets to their lowest levels of the year primarily based on disappointing jobs data.
U.S. markets will be closed Monday in observance of Independence Day.
For the week, the NYSE collapsed 4.87%, while the NASDAQ plummeted 5.92%.
Since May 4, 2010, when the NLX NYSE turned Bearish, the NYSE has declined 12.30%.
Since May 4, 2010, when the NLX NASDAQ turned Bearish, the NASDAQ has declined 13.71%.
NLX NYSE -80
NLX NASDAQ -340
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
Global Worries
U.S. stocks fell sharply to finish at their lowest level of the year Tuesday after indicators dimmed hopes of a global recovery.
NLX NYSE -58
NLX NASDAQ -236
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
NLX NYSE -58
NLX NASDAQ -236
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
Conflicting
Friday's gains failed to wipe out more than a fraction of the broader market's heavy losses after a week of conflicting economic data.
For the week, the NYSE sank 3.21%, while the NASDAQ dropped 3.74%.
Since May 4, 2010, when the NLX NYSE turned Bearish, the NYSE has declined 7.81%.
Since May 4, 2010, when the NLX NASDAQ turned Bearish, the NASDAQ has declined 8.28%.
NLX NYSE +3
NLX NASDAQ -26
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
For the week, the NYSE sank 3.21%, while the NASDAQ dropped 3.74%.
Since May 4, 2010, when the NLX NYSE turned Bearish, the NYSE has declined 7.81%.
Since May 4, 2010, when the NLX NASDAQ turned Bearish, the NASDAQ has declined 8.28%.
NLX NYSE +3
NLX NASDAQ -26
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
Bullish Dow
The Dow Jones Industrial Average rose Friday for its fourth-straight gain making it the longest winning streak since late April.
It is also the second-straight positive week and the best two-week performance on a percentage basis since November.
For the week, the NYSE jumped 2.55%, while the NASDAQ gained 2.95%.
Since May 4, 2010, when the NLX NYSE turned Bearish, the NYSE has declined 4.76%.
Since May 4, 2010, when the NLX NASDAQ turned Bearish, the NASDAQ has declined 4.72%.
NLX NYSE +41
NLX NASDAQ +98
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
It is also the second-straight positive week and the best two-week performance on a percentage basis since November.
For the week, the NYSE jumped 2.55%, while the NASDAQ gained 2.95%.
Since May 4, 2010, when the NLX NYSE turned Bearish, the NYSE has declined 4.76%.
Since May 4, 2010, when the NLX NASDAQ turned Bearish, the NASDAQ has declined 4.72%.
NLX NYSE +41
NLX NASDAQ +98
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
Positive
NLX NYSE +11
NLX NASDAQ +11
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
NLX NASDAQ +11
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.