Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Point & Go Figure: DELL, ZRAN


Feeling good, Louis!


Market Overview:
The short-term conditions are positive for the majority of stocks, but nearing high-risk levels.

The NYSE and Nasdaq Composite Percent Above 50-day Moving Average Indicators are both in columns of Xs, but in corrective mode having recently exceeded previous columns of Os on the downside, and with field position at or near 70% exhibiting very high risk.

The NYSE High-Low Index is back in a column of Xs, but well above the high-risk 70% threshold at 86%. The Nasdaq Composite High-Low Index remains in a column of Os at 82%.

The long-term bullish percent indices for the broad NYSE and Nasdaq Composite indices are still in Xs, while the more narrow bullish percents for the S&P 500 and Nasdaq-100 (NDX) remain in Os. This continues the long-term pattern we have seen of fewer and fewer stocks participating in positive market movement.

Charts of Interest:
Dell (DELL)
(Chart courtesy

Dell (DELL)
(Chart courtesy Thomson Financial)
Meanwhile, note that DELL has just registered a TD-Sequential 13 "buy" signal on the daily chart.

Zoran (ZRAN)
(Chart courtesy

< Previous
  • 1
Next >
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos