‘NYSE Composite’ Archive

NYSE Advance/Decline acting healthy, near all-time highs…

  CLICK ON CHART TO ENLARGE The NYSE weekly advance/decline line declined a little last month, yet it did not break short-term rising support (right chart). The small push higher of late has it back near all-time high levels. The NYSE index (left chart) finds itself moving above rising support and near long-term resistance. NYSE [...]

Buffett Indicator Hitting Second Highest Level in 60 Years!

CLICK ON CHART TO ENLARGE Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. The above chart was created by Doug Short, highlighting the current level of the Buffett indicator. As you can see its now hitting the second highest levels in the past [...]

A breakdown here could be super bullish for Gold miners!

  CLICK ON CHART TO ENLARGE This ratio compares the NYSE Composite Index to the Junior miners ETF (GDXJ). When the ratio is moving higher the NYSE is reflecting relative strength to the small mining stocks. Over the last year the ratio has stayed with a uniform rising channel.  At this time the ratio is [...]