Market's Bill of Health: Short, Intermediate, and Long Term Outlooks All Bullish

From - Advisor Perspectives
January 9, 2013 - 6:08pm

Jan 09, 2013 Chris Puplava  The rally since the start of the year has modestly improved the S&P 500's long term, intermediate term, and short term trend all to a bullish reading as more than 60% of stocks within the S&P 500 have rising moving averages. Also, given that its short-term momentum remains strong (see MACD section below), we are likely to see further improvement in the market's intermediate term and long term trends.More...

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