Market Pulse on April 16th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2677.84 +21.54.

The stock market advanced on decent volume and strong breadth : 2122 stocks advanced compared to 785 that settled down. The internal momentum of this upmove is important to determine the quality of the advance; we still stick for the time being with an objective at 2750. One of our indicator that stayed behind recently: the SKEW index, improved yesterday. For the time being it looks like a fair and orderly market. 

 


 

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