Stock lists and charts have been updated for June 10, 2017.

Stock lists and charts have been updated for June 10, 2017.

The Summation Index is still close to 1000 and it is still above its moving average, indicating there is still a good chance for the market to keep on moving up in the short term. However the price action on Friday on QQQ puts us on notice to watch the Summation Index very carefully.

In Growth vs Value chart the line has been going up since Dec 2, indicating that growth is outperforming value. However last week the line turned down for the week, indicating that value did better last week than growth. By reversion to the mean theory the upward movement of growth stocks may slow down and value stocks may start moving up.
We may be at a point in the Market where the performance of growth stocks may slow down compared to value stocks. It is time to start watching the market closely to understand what it is telling us, then decide what action to take.