Bull Stampede
For the week, the NYSE surged ahead 10.19% while the NASDAQ spiked 10.64%.
The last time the market logged weekly gains of 10% or more, it marked the start of a market uptrend, even if it was short-lived.
Since 6/6/08, when the NLX NYSE turned Bearish, the NYSE has sank -48.42%.
Since 1/14/08, when the NLX NASDAQ turned Bearish, the NASDAQ has dropped -3.90%.
NLX NYSE -15
NLX NASDAQ -14
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.
Post your comments or email anytime: nlx(no spam)marketcommentary.com
The last time the market logged weekly gains of 10% or more, it marked the start of a market uptrend, even if it was short-lived.
Since 6/6/08, when the NLX NYSE turned Bearish, the NYSE has sank -48.42%.
Since 1/14/08, when the NLX NASDAQ turned Bearish, the NASDAQ has dropped -3.90%.
NLX NYSE -15
NLX NASDAQ -14
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.
Post your comments or email anytime: nlx(no spam)marketcommentary.com
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