Despite positive action in the major averages, market breadth has very recently begun to lag. One of the hallmarks of the post-February stock market rally…
Tagged $^VALUA
“Average” Stock Index Facing Key Test
Many of the major averages are facing areas of key resistance in their post-February rallies – including the Value Line Arithmetic Index. About a week…
Key Equity Index Climbs Back Up The Elevator Shaft
The Value Line Geometric Composite, which broke critical support in early January leading to an immediate 12% drop, has climbed all the way back to…
Is The Stock Rally Glass Half Full Or Half Empty?
The February stock market bounce has reached a crossroads – will there be another leg higher or has the rally run its course? The rally…
BREAKING!: The Bull Market?
Today saw a slew of significant levels related to the post-2009 bull market break on several key stock indices. Those of us who closely follow…
On “Average”, Stocks Are Testing The Post-2009 Uptrend
At this moment, an index that tracks the average stock move is testing the uptrend since 2009. We talk often about the Value Line Geometric…