DailyMarkets.com - Quote Of The Day
DailyMarkets.com - Quote Of The Day |
- Quote Of The Day
- Can You Hear The Waterfall? (DIA, SPY, FXI, NYSE)
- New Highs -New Lows Not Keeping Pace
Posted: 23 Jan 2011 04:15 PM PST “The moral code, the moral compass of the state-controlled media is something to behold. Now, some of you may not know the 2009 Nobel Peace Prize winner hosted a state dinner last night (January 19) for Hu Jintao of China. Hu Jintao is holding the 2010 Nobel Peace Prize winner in prison in China. Not making it up. The 2009 Nobel Peace Prize winner hosted a dinner for the guy holding the 2010 Nobel Peace Prize winner in prison, and the media does not get the irony of this at all. They’re too … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Can You Hear The Waterfall? (DIA, SPY, FXI, NYSE) Posted: 23 Jan 2011 11:49 AM PST |
New Highs -New Lows Not Keeping Pace Posted: 21 Jan 2011 09:05 AM PST Now I know this stuff doesn’t matter until it does and I know all those trend followers out there who “just follow price” ignore this kind of thing, but the differential of NYSE new highs minus new lows has not only failed to keep pace with price but it is now breaking down. Figure 1 is a daily chart of the S&P Depository Receipts (symbol: SPY). The indicator in the lower panel is the simple 5 day moving average of NYSE new highs minus NYSE new lows. Typically, … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
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