RE: US Stocks - Watchlist and Discussion
(2016-06-15, 07:19 PM)shaunattwood Wrote: Isa, you make perfect sense as usual, just nibbled on some PWE
The point of this post is to add a bit more data. Following Isa's post suspect we need to wait for the indicies to show their cards further.
Just for comparison yes the MAs have just turned down but the breadth is strong for the US NYSE and AMEX except the NASDAQ is weaker. Apparently the advance/decline tends to fall on the NASDAQ.
I calculate the FTSE350 advance / decline data myself. It is more mediocre, data for the whole exchange would be better but some data is better than none.
I'm mainly in previous metals / their miners but I do have a couple of US steel producer positions and also TATE.L and RPC.L. I'm not as conservative as Isa, but I envy his recently posted equity curve so I think perhaps that there is a lesson there.