Hats off i time once to a greater extent than to the fine Decision Point site, which separates out the mutual stocks from all the other NYSE issues for analysis. Above nosotros run across the advance-decline delineate of piece of employment (bottom pane) for NYSE mutual issues; clearly it's bounced nicely off its lows. The site likewise reports that 54% of NYSE issues are at i time trading higher upwards their 20-day moving averages in addition to 18% are higher upwards their 50-day benchmarks. The latter is the highest percent since the Oct marketplace put drop.
Friday likewise saw the number of NYSE, NASDAQ, in addition to ASE stocks making fresh 20-day highs locomote on novel lows yesteryear 304 to 120. I volition hold upwards watching those numbers closely; despite Friday's gains, nosotros did non run across an expansion of novel 20-day highs. Friday's coin flows were slightly negative for the Dow Industrial stocks at -$15 million, though the week's flows were modestly positive at $33 million. We volition remove to run across continued expansion inwards novel 20-day highs in addition to continued positive coin menses numbers to hold the rally going.
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