‘NYSE Composite’ Archive

2007 pattern being repeated right now? Another “Push Away???”

CLICK ON CHART TO ENLARGE The NYSE index kissed the underside of dual resistance at (1) back in 2008. Once resistance held, a big push away from it took place and sellers stepped forward. NYSE creating a similar pattern again at (2)??? This would NOT be a good place for the Risk On trade if […]

Banks, Junk & NYSE Index clear these resistance levels?

The financial focus around the world right now seems to be the “Brexit” vote tomorrow in Europe. Even though that vote is important, we are most interested in the reactions of investors, after the vote. The 3-pack below looks at some key sectors in the states and how each of them are presented with an […]

Should you sell in May? What happens here could tell you!

  CLICK ON CHART TO ENLARGE A popular theme has been to “Sell In May, and Go Away!” Following this idea paid off last year, will it again this year? Historically, stock market performance hasn’t been the strongest from May to October and last year was no exception. The above chart looks at Crude Oil […]