Advisor Portfolio Watch

Weekly Market Update by the Economic Trends Research Group Stocks Stocks remain in an uptrend and extremely overbought. Chart One, a weekly chart of the S&P 500 which we shared with you last week, illustrates how extremely overbought stocks are.  We share this chart with you again this week since it is still valid after…

Weekly Market Update by the Economic Trends Research Group   Week at a Glance Dow 15961.7 16064.77 + 0.65% S&P 500 1798.18 1804.76 + 0.37% Gold 1290.5 1243.87 – 3.61% Silver 20.78 19.87 – 4.38% 30 Year US Treasury Yield 3.80% 3.84% + 0.04% US Dollar Index 80.65 80.71 + 0.06   Stocks Stocks remain…

Weekly Market Update by the Economic Trends Research Group The Stocks The bearish divergence between large cap stocks and small and mid-cap stocks continues.  We noted last week that while large cap stocks continued their climb, mid-cap and small cap stocks weren’t following.  That divergence remains intact.  The Dow Jones Industrial Average managed to reach…

The Stocks Over the last two weeks, we shared a daily chart of the Dow Jones Industrial Average that illustrates the Dow in an upward price channel since early 2009. This week, the Dow once again was positive (although barely positive) and price remain in the long term uptrend price channel (see chart one below).…

Weekly Market Update by The Economic Trends Research Group Last week we shared a daily chart of the Dow that illustrated the Dow in a price channel since the market bottom of early 2009. This week, higher levels in the Dow have stock prices in the upper half of that long term price channel as…