I read and collect articles/information of insights/news from different sources or people on topics/ideas relating to commodities, foreign exchange, shares and finance.The objective of which is to deposit insights and historical data in hope of educating and developing ideas to readers or authors alike towards practical speculation of financial markets.
Monday, October 31, 2011
This Chart Shows How Incredibly Intense The Rally Has Been
FromCullen Roche, this chart shows the percentage of S&P 500 stocks above their 50-day moving average. The number is 94%, which is a level seen just once before in 10-years. That's how powerful this snapback has been.
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