It was one of those somewhat-rare days that the Dow Industrials closed unchanged for the day. The Dow Transportation Average was down 0.42% while the Nasdaq 100 gained just under 1% for the day. This, of course, was due in part to the 8% gain in Apple, Inc. (AAPL), but surprisingly the A/D ratios on the Nasdaq Composite were negative on the close. For the NYSE Composite, the A/D ratios were flat and this has caused the McClellan oscillator to decline to +63 from + 116 last Tuesday. This could se...
It was one of those somewhat-rare days that the Dow Industrials closed unchanged for the day. The Dow Transportation Average was down 0.42% while the Nasdaq 100 gained just under 1% for the day. This, of course, was due in part to the 8% gain in Apple, Inc. (AAPL), but surprisingly the A/D ratios on the Nasdaq Composite were negative on the close. For the NYSE Composite, the A/D ratios were flat and this has caused the McClellan oscillator to decline to +63 from + 116 last Tuesday. This could se...
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