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Market Internals Still Point Higher

The very strong market gains on Tuesday finally got the market's attention as the beaten down financial stocks were especially strong. The A/D ratios on the NYSE were over 4 to 1 and this further confirms the bullish signals from the A/D lines since the February 11th lows. The upward acceleration has likely been strong…
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Don’t Follow Those Bearish Traders

The strong technical action Monday with over 3-1 positive A/D ratios further validates last week's positive action and the shallow nature of the recent pullback. Many of the longer term sentiment measures that I follow still have to change significantly before they signal that bullish sentiment is now too high. The high level of bearish…
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3 Sentiment Indicators All Traders and Investors Should Follow

The market continued sharply higher to start off the holiday shortened week and for three consecutive days the gains were impressive. This was enough to get the market's and investor's attention. There were signs early Thursday that the rally was stalling which was supported by the weak technical nature of crude oil. This was a…
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Charting Barron’s High Yield Industrial Picks

The stocks market's impressive gains Tuesday and 4-1 positive A/D ratios were consistent with the market's sold out status last week. The divergences in the NYSE High/Low analysis and the analysis of the S&P 500 stocks below their 50 day MAs that was discussed last week suggested the market was near a turning point. The…
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The Week Ahead: Is There Blood In The Streets Yet?

There were many signs last week that the few remaining bullish advisors or investors were giving up on the stock market . Even the cautious economic comments from Fed Chair Janet Yellen did not inspire many new buyers. The week finished with a 2% rally in the S&P 500 but did that really change anything?…
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