There is a prevailing concern that the nearly six-month surge in stocks may have overextended the current economic environment.

For the week, the NYSE dropped 2.76% while the NASDAQ fell 1.97%. 

Since March 23, 2009, when the NLX NYSE turned Bullish, the NYSE has gained 31.58%.  

Since July 15, 2009, when the NLX NASDAQ turned Bullish, the NASDAQ has gained 12.24%.

NLX NYSE +14

NLX NASDAQ +88

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.