Posts Tagged ‘bullish percent index’
What We Can Learn From the Bullish Percent Index
The behavior of the stock market is controlled by large fund managers. There are organized “buy programs” and “sell programs.” When a buy program is in play, “demand is in control.” There’s a concerted effort to accumulate stock positions in a controlled way that gradually pushes prices higher. When there’s a buy program in play,…
Read MoreWarning: Investors are reading this market wrong!
Record highs in the DJIA, The S&P500, and Nasdaq are misleading investors into a false sense of security. That’s because while the DJIA, the S&P 500, and the NASDAQ are all rising to record levels, the “true market” is flashing red. For proof, look no further than the NYSE Bullish Percent Index or NYSE BPI.…
Read More