RE: US Stocks - Watchlist and Discussion (Premium)
(2015-06-08, 08:03 PM)isatrader Wrote:(2015-06-08, 06:43 PM)shaunattwood Wrote: CYBR looks amazing, just bought pullback from day's high @ 68
looking to add to same really strong sector FEYE & BLOX on selloffs
It does look promising, but the nyse breadth has got me concerned so am considering going to the sidelines. But not made mind up yet.
I'm not good at judging breadth. The DAX and CAC40 look like they are 2 months into pullbacks so far. Hopefully they are pullbacks. FTSE100 has kind of sluggishly broken out and is sort of pulling back. Looking at at FTSE100 advance decline line I get the impression all might not be well? The advance/decline line is going lower.
http://www.livecharts.co.uk/breadth_char...ecline.php
NASDAQ looks rosier:
http://www.livecharts.co.uk/breadth_char...ecline.php
Not sure what to make of the DAX:
http://www.livecharts.co.uk/breadth_char...ecline.php
S&P500 - not sure, has there been a sharp downward deliverance in the advance/decline?
http://www.masterdata.com/Reports/Combin...36;SPX.htm
Will the Nikkai help? Does not look like it!
http://www.masterdata.com/Reports/Combin...6;INDU.htm
I'm not any good at reading breadth so perhaps someone else would like to comment.