Stage Analysis Screener
08 February, 2020

US MARKET BREADTH. Short Term Stock Market Top? Warning Signs Appearing in Indicators

  • Timing the US Stock Market Using the Market Breadth Indicators – Introduction (0:00)
  • Major Market Indexes – S&P 500, Dow Jones Industrial Average, Nasdaq 100 & S&P 600 Small Caps (0:57)
  • US Treasuries & Commodities – 7-10 Year US Treasuries, Gold, Crude Oil & Copper (2:40)
  • NYSE Bullish Percent Index & Percentage of Stocks Above Their 200, 150 & 50 Day Moving Averages Charts (4:10)
  • NYSE Advance Decline Line Charts (6:40)
  • US New Highs - New Lows Charts & Momentum Index (8:48)
  • Cumulative Point & Figure Breakouts - Breakdowns (9:43)
  • Sector Breadth: Percentage of Stocks Above Their 150 Day Moving Average – Relative Strength Table (10:19)
  • Sector Breadth: Percentage of Stocks Above Their 150 Day Moving Average – Line Chart and Overview Diagram (11:04)

This week saw a number of major stock market indexes attempt to breakout to new highs. However, only the Nasdaq indexes managed to breakout and hold to the end of the week. Whereas under the surface various market breadth indicators, like the NYSE Bullish Percent Index, and some of the NYSE Advance Decline Line indicator charts showed divergences with the price action, and so started to flash some warning signs that the move higher doesn't have the same level of participation as previously. And so suggests a more cautious strategy.

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A regular look beneath the surface of the US stock market, featuring the key market breadth indicator charts for timing trading stocks and the stock market indexes, such as the NYSE Bullish Percent Index, the Advance Decline Line, the New Highs - New Lows etc and some custom breadth indicators of my own in order to determine what the "Weight of Evidence" is suggesting in terms of the US stock market direction and how to allocate your money.

This is done using the market breadth indicators that were highlighted in Chapter 8 of Stan Weinstein's Secrets For Profiting in Bull and Bear Markets Book – which was called: Using the Best Long Term Indicators to Spot Bull and Bear Markets.

Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.