's Chart of the Day - Not Yet
Related Stocks
 SPY - S&P 500 SPDR

The S&P 500 Large Cap Index ($SPX) is off it's recent low but is no way near its past 200 Day Moving averages sell signal at 3,023.94. For those of you who follow me on a regular basis you know I get out of the market with a hard stop loss at the 200 day moving average and easy back in at 25% increments as we recover through the 20, 50, 100 and 150 day moving averages. We are not there yet as the chart below shows:


For those of you that want to see how the broader market is fairing and like your information in table form you should be consulting Barchart's Market Performance Indicator on it's Stock Market Momentum & Daily Stock Activity tab:

Market Performance Indicator

Barchart Market Momentum Index ($BCMM) [-9.79%] is an exclusive index used as an indicator of change in overall markets. It reflects the movement of stocks who fit the following criteria: must have current SEC filings, must have traded for a minimum of 6-months, and must be trading above $2.


The percentage of stocks in $BCMM above their individual Moving Average per period.

5-Day MA 20-Day MA 50-Day MA 100-Day MA 150-Day MA 200-Day MA
Today 71.46% 18.75% 4.46% 5.85% 7.79% 8.85%
Yesterday 93.82% 27.71% 5.71% 7.04% 9.38% 10.74%
Last Week 33.03% 3.13% 2.36% 3.29% 4.65% 5.07%
Last Month 11.22% 7.12% 11.40% 20.58% 25.63% 28.11%

Although things are better now than they were last week or last month they are not better than they were yesterday.

Just have patience and the market will get back to normal.