Warning: This Metric is Flashing "DANGER" For Stock Investors

IMG Auteur
Published : April 11th, 2017
219 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Opinions and Analysis

Stocks are weak, tired, and ready to go.

The market has been increasingly relying on just a handful of large cap Tech Names (AAPL, AMZN, etc.) to prop it up. Without these key plays, the overall market is in fact DOWN.

If you want to get a sense of where stocks are heading, consider the number of S&P 500 companies that are trading above their 50-day moving averages. In the past two years, when this blue line spikes, it’s “pulled” the overall market higher.

As you can see, this is no longer the case. In fact the blue line is rolling over aggressively, telling us that “internally” the market is very weak.

This is a major warning to stock investors to be extra careful. Now more than ever is a time to be nimble and preparing to make money from a market “event.” The Election rally has broken its trendline (blue line). We’re ready to for the red line to hit by June.

This is a major warning to stock investors to be extra careful. Now more than ever is a time to be nimble and preparing to make money from a market “event.” If you're looking for strategies to do this, we oultine several ways to our readers.

Get our daily research sent to your inbox here:

www.gainspainscapital.com/

Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Graham Summers is Chief Market Strategist for Phoenix Capital Investment Research, an independent financial research firm based in Charlottesville VA with clients in 56 countries around the world.
WebsiteSubscribe to his services
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
Another One Bites the Dust
23 NovDoom
Shallow it may be, but it's frickin' hilarious to laugh at all the hypocritical jerks who gave Trump ("I'm no angel") endless grief for his "when y...
Brexit, Gold and Harold Wilson's 'Pound in Your Pocket', 50 Years On
20 NovThemis
Good points, however Brexit is not entirely about the value of the pound or the cost of living. Many of those who voted in favour of leaving the U...
Another One Bites the Dust
20 NovThe Recusant0
Seems rather shallow to fault Franken for a tasteless comedic prank after electing the "grab them by the p*ssy" adulterer to the presidency.
Another One Bites the Dust
18 Novdennyc1
I happened to read one of Franken's book about all of the hypocrites in office, business,etc. his sanctimonious air notwithstanding I thought the g...
Brexit, Gold and Harold Wilson's 'Pound in Your Pocket', 50 Years On
18 Novkevthorne
A well informed article, giving the insight into what Brexit will really mean for the UK.
What Now?
14 NovThemis
Kunstler has a talent for summarizing complex situations in a pithy and entertaining way. The Middle East is being reduced to a drawn out proxy wa...
Spanking the Monkey
14 Novprljr
They wonder why Russia Today has such a big following. Real news is much more interesting than the MSM circus. Especially when you question more.
Spanking the Monkey
12 NovGypsy
James, I've been wondering about the Hollywood Spank the Monkey thing ever since the advertising firms came out with their "Can't Wait to Get Their...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS