Actionable news
0
All posts from Actionable news
Actionable news in AMZN: Amazon.com, Inc.,

Above the 40 (July 21, 2017) – A Stock Market Soaring High But On the Edge

AT40 = 64.0% of stocks are trading above their respective 40-day moving averages (DMAs)
AT200 = 60.4% of stocks are trading above their respective 200DMAs
VIX = 9.4 (volatility index) (2nd lowest VIX since at least 1990!)
Short-term Trading Call: cautiously bullish

Commentary
The S&P 500 (SPY) is soaring high since its impressive breakout two weeks ago.