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))|