« 52-Week Highs Explode | Main | General Electric Up 10% Since Last Thursday »
Wednesday
Mar172010

Percentage of Stocks Above 50-Day Moving Averages

DateWednesday, March 17, 2010 at 10:55AM

The most recent push higher by the market has put the percentage of S&P 500 stocks above their 50-day moving averages at 85%.  As shown below, at these levels, there really hasn't been much more room to run on the upside before a short-term pullback (or at least sideways trading) has been seen.

 

CommentPost a Comment | | | Print ArticlePrint Article |
in

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>
Alert
Comment Sent to Moderator
Due to the inordinate amount of spam comments posted on our site recently, we are now forced to approve comments before they are posted on the website. We apologize for any inconvenience this may cause.

Notify me of follow-up comments via email.