Used with permission.
The downward creep
Posted: 31 Oct 2012
The short- and medium-term trends are down, while the long-term trend remains up for stocks.
At the margin, we are just now beginning to see institutions nibble on some of the growth-stock glamours. This is the first time we have seen this during this six-week pullback in the Nasdaq. Historically, this has been one of the first signs of a market that is closer to the end of its pullback than the beginning.
Nevertheless, we believe it important to take each day's technical message as it comes. This means an open-minded, objective, and flexible approach to new technical developments without the bias of personal opinion.
The linked report offers charts of the few names that set up technically inside the growth complex. . . . To continue reading, please click here.
Fund Prices2024-03-28
Fund | Price | Day | YTD |
G | $18.15 | 0.05% | 1.05% |
F | $19.08 | -0.06% | -0.74% |
C | $82.21 | 0.11% | 10.55% |
S | $82.43 | 0.30% | 6.92% |
I | $42.57 | -0.24% | 5.95% |
L2065 | $16.38 | 0.02% | 8.37% |
L2060 | $16.39 | 0.02% | 8.38% |
L2055 | $16.39 | 0.02% | 8.38% |
L2050 | $32.73 | 0.01% | 6.95% |
L2045 | $14.91 | 0.02% | 6.58% |
L2040 | $54.38 | 0.02% | 6.22% |
L2035 | $14.34 | 0.02% | 5.79% |
L2030 | $47.67 | 0.02% | 5.38% |
L2025 | $13.15 | 0.03% | 3.43% |
Linc | $25.61 | 0.03% | 2.82% |