- Rank: 635
- Followers: 4
- Votes: 1
- Years Member: 3
- Last Update: 1 October 2021, 9:24
Relative Performance Charts
Market Breadth Analysis
Transportation stocks are part of the DOW Theory. We want to see bullishness in the transport stocks as a positive economic indicator.
Gold miners relative to the Nasdaq 100 is currently a sell, so it says own Nasdaq 100, not gold miners
High yield corporate bonds generally move in tandem with the s&p 500. Sometimes one will disagree with the other, or precede the other.
Investment grade corporate bonds are boring. We want them to stay that way.
A big look at basic materials. It remains bullish!
Junk bonds overlayed with the s&p 500 for reference
Advance decline volume is a breadth indicator. Notice how these moving averages broke out above 300-400. I%27m watching that level.
The record highs in the Nasdaq composite can sometime reach extremes above 70% or below 30%. A move back above or below can be an indication of changing direction.
This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Service for more details.