|
The SPREAD closed at 1666.95 off
- 0.86 (-0.05%)
this past week vs
up +8.70, or (0.52%)
the previous week. The new record "all-time"
high 17 weeks ago for the SPREAD & VL was a sign of a
market top and we have not seen any strong sign that a market bottom
has been found yet. Both are currently off more than 14%
from the 52 week high, with the SPREAD off over 15%.
The definition of a correction is
a loss of more than 10% to the 52 week high.
A bear market is a loss of 20% to
the 52 week high
The 52 week
& all-time closing high is 1977.02 reached on 4/23/10. The
52 week low is is 1368.68, set on 9/2/09.
The SPREAD closed up
8 days (+ 177.32)
and down 12days
(- 263.41),
for the 15 trading
days in the month of August and off -
86.09, or (- 4.86%)
on the month. Last year the SPREAD closed higher in August See how the markets have
done each month for the last ten years by clicking here.
In September
of 2001, the SPREAD had a net difference of -123.56, the greatest monthly (negative)
difference ever, until the SPREAD set a new
record monthly difference in June/08, off
-162.70, or (-14.14%),
which held until October/08, when the SPREAD closed with a
difference of off -294.38, or (- 43.43%).
Watch closer!
The markets should follow the SPREAD.
Monthly Activity on the SPREAD
|
Month
|
Up
Days
|
Down Days
|
Total Days
|
Gain
|
Loss
|
Change
|
| July ------ 2009 |
15
|
7
|
22
|
257.83
|
-110.01
|
147.83
|
| August |
13
|
8
|
21
|
221.70
|
-136.97
|
84.73
|
| September |
13
|
8
|
21
|
216.74
|
-123.56
|
96.69
|
| October |
11
|
11
|
22
|
201.69
|
-299.56
|
- 97.87
|
| November |
9
|
11
|
20
|
188.07
|
-123.56
|
42.69
|
| December |
15
|
7
|
22
|
208.39
|
-69.09
|
139.30
|
| January ------ 2010 |
11
|
8
|
19
|
124.66
|
-181.58
|
- 36.92
|
| February |
13
|
6
|
19
|
170.79
|
-93.11
|
87.68
|
| March |
16
|
7
|
23
|
212.92
|
-70.04
|
142.88
|
| April | 15 | 6 | 22 | 256.52 | -123.56 | 120.00 | | May | 8 | 6 | 20 | 302.85 | -428.27 | - 135.42 | | June | 9 | 13 | 22 | 226.07 | - 373.84 | -147.77 | | July | 11 | 10 | 21 | 305.40 | - 182.89 | 122.51 |
|
