Saturday, April 11, 2015

Stock Market Review – 4/11/2015

This week the market shook off previous week’s weakness and the weak job report, and continues to move back toward its all time high. The NYSE cumulative Advance/Decline line is still trending higher as the SP500 moving back toward its March pivot high level (see chart below). The VIX is falling toward last December low level as the New-High/New-Low holding steady. Clearly, these are not the signs of a market that is getting ready to roll over.

(click on the chart to enlarge)


In the video, we will look at the market indices to see what they have done in the week just ended and where they might be heading in the near term.

Click here to view the video if you do not see a video player on your screen.



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