Monday, January 26, 2015

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis



On
Friday, January 23, the S&P 500 closed @ 2052, and that was...
  
   +4.7% ABOVE its 12-Month moving average which stood @ 1960.
   +3.6% ABOVE its 40-Week moving average which stood @ 1980.
   -0.1% BELOW its 10-Week moving average which stood @ 2054.


Therefore, the INTERMEDIATE-Term trend is NEUTRAL
and the LONG-Term trend is UP.




Monday, January 19, 2015

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis



On
Friday, January 16, the S&P 500 closed @ 2045, and that was...
  
   +3.3% ABOVE its 12-Month moving average which stood @ 1955.
   +3.2% ABOVE its 40-Week moving average which stood @ 1975.
   -1.6% BELOW its 10-Week moving average which stood @ 2053.


Therefore, the INTERMEDIATE-Term trend is NEUTRAL
and the LONG-Term trend is UP.




Monday, January 12, 2015

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis



On
Friday, January 9, the S&P 500 closed @ 2045, and that was...
  
   +4.5% ABOVE its 12-Month moving average which stood @ 1956.
   +3.5% ABOVE its 40-Week moving average which stood @ 1975.
   -0.9% BELOW its 10-Week moving average which stood @ 2054.


Therefore, the INTERMEDIATE-Term trend is NEUTRAL
and the LONG-Term trend is UP.




Wednesday, January 7, 2015

The S&P 500 Extends Its -10% Correction Streak...


As of today, the S&P 500 has gone 1,192 calendar days (i.e., from 10/03/11 through and including 01/07/15) without a -10% or greater drop in the index, the 4th longest stretch without a double-digit pullback in the last 50 years.

Monday, January 5, 2015

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis



On
Friday, January 2, the S&P 500 closed @ 2058, and that was...
  
   +5.0% ABOVE its 12-Month moving average which stood @ 1961.
   +4.7% ABOVE its 40-Week moving average which stood @ 1966.
   +0.3% ABOVE its 10-Week moving average which stood @ 2052.


Therefore, the INTERMEDIATE-Term trend is BULLISH
and the LONG-Term trend is UP.