<b>Market Slice for week 07.Nov.2011 to 11.Nov.2011</b>
<u>S&P-500 Daily % Change:</u>
<b>Fri, 11 . Nov : [color= green ] 1.95 %[/color]</b>
<b>Thu, 10 . Nov : [color= green ] 0.86 %[/color]</b>
<b>Wed, 9 . Nov : [color= red ] -3.67 %[/color]</b>
<b>Tue, 8 . Nov : [color= green ] 1.17 %[/color]</b>
<b>Mon, 7 . Oct : [color= green ] 0.63 %[/color]</b>
<u>No. of Stocks above 40 EMA*</u>
<b>Fri, 11 . Nov : [color= black ] 72 %[/color]</b>
<b>Thu, 10 . Nov : [color= black ] 58 %[/color]</b>
<b>Wed, 9 . Nov : [color= black ] 57 %[/color]</b>
<b>Tue, 8 . Nov : [color= red ] 79 %[/color]</b>
<b>Mon, 7 . Oct : [color= red ] 77 %[/color]</b>
I get bearish is above[color= red] 80%[/color]</b> and bullish below [color= green] 30%[/color]</b>. But this time things might be a little different, after the recent bear market, I think we still have a lot of upside left, sector rotation will begin to take place and market leaders will emerge.
<u>No. of New Six Month (26 weeks) Highs*</u>
<b>Fri, 11 . Nov : [color= green ] 70 [/color]</b>
<b>Thu, 10 . Nov : [color= red ] 15 [/color]</b>
<b>Wed, 9 . Nov : [color= red ] 26 [/color]</b>
<b>Tue, 8 . Nov : [color= green ] 132 [/color]</b>
<b>Mon, 7 . Oct : [color= green ] 84 [/color]</b>
A number around 800 here indicates market topping in the short-term.
<u>No. of New Six Month Lows*</u>
<b>Fri, 11 . Nov : [color= green] 22 [/color]</b>
<b>Thu, 10 . Nov : [color= red ] 50 [/color]</b>
<b>Wed, 9 . Nov : [color= red ] 58 [/color]</b>
<b>Tue, 8 . Nov : [color= red ] 23 [/color]</b>
<b>Mon, 7 . Oct : [color= red ] 30 [/color]</b>
*The stats above were calculated on the top 3000 stocks by liquidity(not market cap), Which captures <b>99.5%</b> of the overall market liquidity.
Buy Aggressively
<b>Buy Cautiously </b>
Hold/Wait
Sell Cautiously
Sell Aggressively
(the highlighted option is my current sentiment) [/B][/QUOTE]
<u>S&P-500 Daily % Change:</u>
<b>Fri, 11 . Nov : [color= green ] 1.95 %[/color]</b>
<b>Thu, 10 . Nov : [color= green ] 0.86 %[/color]</b>
<b>Wed, 9 . Nov : [color= red ] -3.67 %[/color]</b>
<b>Tue, 8 . Nov : [color= green ] 1.17 %[/color]</b>
<b>Mon, 7 . Oct : [color= green ] 0.63 %[/color]</b>
<u>No. of Stocks above 40 EMA*</u>
<b>Fri, 11 . Nov : [color= black ] 72 %[/color]</b>
<b>Thu, 10 . Nov : [color= black ] 58 %[/color]</b>
<b>Wed, 9 . Nov : [color= black ] 57 %[/color]</b>
<b>Tue, 8 . Nov : [color= red ] 79 %[/color]</b>
<b>Mon, 7 . Oct : [color= red ] 77 %[/color]</b>
I get bearish is above[color= red] 80%[/color]</b> and bullish below [color= green] 30%[/color]</b>. But this time things might be a little different, after the recent bear market, I think we still have a lot of upside left, sector rotation will begin to take place and market leaders will emerge.
<u>No. of New Six Month (26 weeks) Highs*</u>
<b>Fri, 11 . Nov : [color= green ] 70 [/color]</b>
<b>Thu, 10 . Nov : [color= red ] 15 [/color]</b>
<b>Wed, 9 . Nov : [color= red ] 26 [/color]</b>
<b>Tue, 8 . Nov : [color= green ] 132 [/color]</b>
<b>Mon, 7 . Oct : [color= green ] 84 [/color]</b>
A number around 800 here indicates market topping in the short-term.
<u>No. of New Six Month Lows*</u>
<b>Fri, 11 . Nov : [color= green] 22 [/color]</b>
<b>Thu, 10 . Nov : [color= red ] 50 [/color]</b>
<b>Wed, 9 . Nov : [color= red ] 58 [/color]</b>
<b>Tue, 8 . Nov : [color= red ] 23 [/color]</b>
<b>Mon, 7 . Oct : [color= red ] 30 [/color]</b>
*The stats above were calculated on the top 3000 stocks by liquidity(not market cap), Which captures <b>99.5%</b> of the overall market liquidity.
Buy Aggressively
<b>Buy Cautiously </b>
Hold/Wait
Sell Cautiously
Sell Aggressively
(the highlighted option is my current sentiment) [/B][/QUOTE]