May Day

With stocks having just completed the best two-month blue-chip run in more than six years, investors began May encouraged by recent positive corporate results and the highly anticipated bank 'stress test' results to be reported next week.

For the week, the NYSE climbed 1.84% while the NASDAQ gained 1.47%. 

Since 3/23/09, when the NLX NYSE turned Bullish, the NYSE has gained 7.38%.  

Since 3/18/09, when the NLX NASDAQ turned Bullish, the NASDAQ has gained 15.29%.

NLX NYSE +78

NLX NASDAQ +227

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.

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