Buy Signals make it easier to find the best buying opportunities. Sell Signals offer the ability for investors to find the best time to sell!
Last update: 04/18/2014 7:00:pm EST
In the market today, the S&P 500 was up 0.14% at 1864.85. Conversely, for the year, the broad market index has remained relatively unchanged since the beginning of the year with a year to date (YTD) return of 0.89%.
InvestProfits Index: 61.5 61.5% of stocks tracked by InvestProfits are trading above their 200 Day Moving Average (DMA). That means 1,850 of the 3,006 stocks are trading above their 200 day moving average. Above 80 percent is bearish; 20 percent and below is bullish. To filter out the volatility of low priced stocks, those selling below a price of $5 per share were omitted.
Volatility: 16 Days 2014 has brought some volatility with 8 days that the S&P 500 gained one percent, and there have been 5 times that the S&P 500 lost one percent in a single day.
Less volatility was seen at higher levels as there were 0 days that the S&P 500 gained two percent and 3 days that the S&P 500 lost two percent or more in a single day.
As a result, there have been 16 times that the S&P 500 had a 1% or 2% gain or loss after the market closed, this year. Highest Close: 1890.9 The S&P 500 highest close ever of 1890.9 was on Apr-02-2014 resulting in a current return of -1.4 % from its historical high.