S&P 500 4713,07 +42,78.
Bargain hunters are still at work taking advantage of the recent slump in tech stocks to fill their portofolios. Breadth on the NYSE was strong: 3222 stocks advanced compared to 1082 that settled down. We observed the same phenomenon in the options market as traders were piling up on calls. The list of new highs/new lows improved slightly although 172 stocks on the Nasdaq reached new 52 weeks lows.
|Very short term oscillator||Negative -|
|Short term oscillator||Negative -|
|RVI trend||Negative -|
|Trend short term (5 days)||Down |
|Trend mid term (8 days)||Down |
|Differential of trends||Down |
|Risk profile||54 (scale of 1 (low risk) to 100 (high risk))|