S&P 500 4536,19 +16,56.
The stock market continues to creep gently higher with the Dow Jones Industrials closing at a new record high. Under the surface, the cumulative advance/decline line of the Nasdaq is still lagging by a wide margin compared to its alter ego on the NYSE. Options traders are again buying calls relatively agressively and the sentiment among private investors is also getting more enthusiastic with a bull to bear ratio of 1,68, approaching the upper boundary of its historic trading range. For the time being, the scenario of a large trading range is still valid.
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 | 65 (scale of 1 (low risk) to 100 (high risk)) |