High RS Diffusion Index

July 13, 2011

The chart below measures the percentage of high relative strength stocks that are trading above their 50-day moving average (universe of mid and large cap stocks.) As of 1/19/10.

After reaching a recent low of 25% in mid-June, high relative strength stocks have surged higher. Currently, 77% of high relative strength stocks are trading above their 50-day moving average.

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The Love Affair Continues

July 13, 2011

 

QE The Love Affair Continues

I wish I could quit you, Quantitative Easing.

You complete me, Quantitative Easing.

You had me at hello……

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