Market's Bill of Health - Long Term Outlook Improves
From dshort.com - Advisor Perspectives
November 28, 2012 - 9:14pm
Nov 28, 2012 Chris Puplava The rally over the last week has modestly improved the S&P 500's long term trend from neutral-bearish to neutral-bullish as nearly 60% of stocks within the S&P 500 are still above their long term moving averages. However, given the recent correction, the intermediate outlook has deteriorated significantly with only 36% of stocks within the S&P 500 in bullish intermediate uptrends.More...
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