Market Pulse on May 7th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 4232,6 +30,98.

The stock market closed the week on a buoyant note helped by strong breadth: 3188 stocks advanced on the NYSE compared to 983 that settled down. The cumulative advance/decline line on the Nasdaq improved somehow. The closing Tick at 686 indicates strong money flow into equities mutual funds. Options trading was rather neutral. 

Very short term oscillator Positive +
Short term oscillator Positive +
RVI trend Positive +
Trend short term (5 days) Up
Trend mid term (8 days) Up
Differential of trends Up
Risk profile 70 (scale of 1 (low risk) to 100 (high risk))

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