Wall street media outlets never disappoint when it comes to putting a positive spin on just about every headline in the news cycle. What they do not discuss are indicators such as the following. The NASDAQ 100 Percentage of Stocks above their 200 Day Moving Average. Based on previous readings, when this percentage drops and stays below the 50% level, a market decline is expected.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
