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Technology Stocks : Semi Equipment Analysis

SOXX 297.50

-2.6%

4:00 PM EST

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To: Sam who wrote (71371)	2/1/2016 2:18:55 PM
From: Gottfried	4 Recommendations Recommended By Donald Wennerstrom FJB oldbeachlvr Sam Read Replies (3) of 95368

Opinion: Obscure stock market indicator just flashed a ‘buy’ signal Mark Hulbert Published: Feb 1, 2016 7:10 a.m. ET marketwatch.com excerpt: CHAPEL HILL, N.C. (MarketWatch) — Friday’s stock market action was so strong that it triggered a “buy” signal from a technical indicator that used to have a wide following on Wall Street. This time, however, hardly anyone noticed. Why? I am referring to what the late Martin Zweig, the investment newsletter editor and mutual fund manager, called a “nine-to-one up day.” Such a session occurs when “up” volume in stocks on the New York Stock Exchange leads “down” volume by at least a nine-to-one margin. Friday’s ratio was even stronger, at 11.1-to-1, as the benchmark S&P 500 Index SPX, -0.43% surged 2.5%, helping stocks post a weekly gain.

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