Sunday, May 14, 2017

Stock lists and charts have been updated for May 13, 2017

Stock lists and charts have been updated for May 13, 2017.

The Oscillator of the Summation Index is still close to 1000 though it has gone below its moving average, indicating there is still a good chance for the market to keep on moving up in the short term. Since the oscillator is also low there there is a possibility for the market to go up, if the oscillator starts moving up.

In Growth vs Value chart the line has been going up since Dec 2, indicating that growth is still outperforming value. By reversion to the mean theory the upward movement of growth stocks may slow down and value stocks my start moving up. However the chart does not show we have reached that point.