USA Considerations (Buy, Buy Watch, Sell Watch, Sell)

Currently, 73.6% of stocks are within their normal trading range and considered a Hold. This is 4.5 points lower than this time last month. The distribution has become flatter. Most of the movement was predominately to the Sell and Sell Watch side (2.9 points) to 18.3% up from 15.4%. Buy and Buy Watch side also gained 1.6 points. The curve has moved by 1.3 points to the Sell, Sell Watch side of the distribution. We have returned to a higher relative Fv position in large cap stocks at 108.4% while mid cap moved into cautionary territory at 121.1%. Small cap remains between the two at 114.6% and has turned positive year-to-date

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Posted by Steven Albrecht