An index measuring the performance of the “average” stock in the market bounced precisely at a key support level. We dedicated several posts last week…
Tagged $^VALUG
A High-ly Unusual Breadth Milestone
The number of 52-Week Highs on the NYSE itself made a 52-week high, even as the market averages were falling; this is a rare feat,…
Is Market Breadth Beginning To Sour?
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…
“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…
Revenge Of The Median Stock
The median stock, as measured by the Value Line Geometric Composite, pummeled its large-cap peers this week; unfortunately, historically that has not necessarily been a…
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…
Broad Market Index Testing Broken “Must Hold” Level
The broad NYSE Composite stock market index is testing the level we deemed “must hold” – that broke in January. Back on January 8, we…
UPDATE>>Just 2 Weeks After Breakdown, Key Index Hits Ground Floor
Just 2 weeks ago, we surmised that the breakdown in a key broad market index opened up an additional 12% of downside risk; that risk…
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…