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TSX - SP500 "Exceptionally Bullish" PDF Print E-mail
Written by Don Vialoux - Timing the Market   
Friday, 03 December 2010 05:19

SP500

Technical action by S&P 500 stocks was exceptionally bullish yesterday. Forty S&P 500 stock broke resistance (too numerous to include in this report) and one stock broke support (Kroger). The Up/Down ratio increased from 4.79 to (374/75=) 4.99.

S&P500 seasonal analysis has revealed that with a buy date of March 9 and a sell date of June 4, investors have benefited from a total return of 85.05% over the last 10 years. This scenario has shown positive results in 7 of those periods.

Conversely, the best return over the maximum number of positive periods reveals a buy date of March 12 and a sell date of June 1, producing a total return over the same 10-year range of 79.65% with positive results in 9 of those periods.

....read Don's whole Exceptionally Bullish analysis with charts HERE

 
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