S&P 500 3477,13 + 30,30.
The stock market finished the week on a strong note although breadth wasn’t that impressive : 2202 stocks advanced compared to 1676 that settled down. Options traders were again active and betting on the upside by purchasing calls. The cumulative advance/decline line broadened last week and recovered from last month fall. Short term, the market is overbought by many measures, Investors are expecting a lot from the earnings season that is going to start this week.
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 | 66 (scale of 1 (low risk) to 100 (high risk)) |