The Dow has closed above 10,000 several times this fall,  but it hasn't finished a full week of trading above that level since the period ending Oct. 3, 2009. The Dow has been plagued in recent weeks by a lack of conviction that has often led to profit taking around the 10,000 level, fueled by investors' fears about the pace of the U.S. economic recovery.

For the week, the NYSE gained 3.25% while the NASDAQ surged 3.29%.

Since March 23, 2009, when the NLX NYSE turned Bullish, the NYSE has gained 34.18%.  

Since October 28, 2009, when the NLX NASDAQ turned Bearish, the NASDAQ has gained 2.57%.

NLX NYSE -6

NLX NASDAQ +5

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.