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: CPO, KSS, LEND, SSRI, UnitedHealth

By

PrintPRINT

Market Overview:
The pattern of lower lows and lower highs persists for both the NYSE and Nasdaq Composite Percent Above 50-day Moving Average Indicators and both are now back to positive in a column of Xs as stocks continue to cross back and forth around their 50-day moving averages.

The High-Low Indices for the NYSE and Nasdaq Composite, however, both remain negative, in a column of Os, and the NYSE High-Low actually declined yesterday, a significant negative divergence from the 50-day indicators and recent movement in stock indexes.

The longer-term bullish percents for the NYSE and Nasdaq Composite are both still in Xs, but the larger pattern of lower highs there also remains intact, a significant bearish divergence, but a longer-term one. The more narrow S&P 500 and Nasdaq-100 Bullish Percents both are negative, each in a column of Os.

Charts of Interest:
Corn Products Int'l. (CPO)
(Chart courtesy StockCharts.com)

Kohls Corp. (KSS)
(Chart courtesy StockCharts.com)

Kohls Corp. (KSS)
(Chart courtesy Thomson Financial)

Accredited Home Lenders Holding Co. (LEND)
(Chart courtesy StockCharts.com)

Silver Standard Resources, Inc. (SSRI)
(Chart courtesy StockCharts.com)

Unitedhealth Group, Inc. (UNH)
(Chart courtesy StockCharts.com)

Unitedhealth Group, Inc. (UNH)
(Chart courtesy Thomson Financial)

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.

PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE