stock market overview

The stock market closed last week at its weekly high; that’s bullish.

All three major stock index rose last week as the stock market is now in a confirmed bullish trend. The stock market closed at its weekly high on Friday. This is also bullish as it shows that there is minimal selling pressure. Our relative strength stock market sector table shows a very positive turnaround in the Technology Group. […]

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The stock market is very weak

The market has turned very weak. All the indexes have broken their short-term bullish trend lines. The long-term chart of the Nasdaq Composite shows that last week’s action brought the price back into the channel. It had been above the channel for five straight months. So far in April, the Dow lost 2.66%, the S&P […]

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