• 15 hours Russian Prestige And American Politics: The COVID Vaccine Race
  • 17 hours Is The Silver Rally Over Or Just Getting Started?
  • 2 days Alibaba-Backed Tesla Competitor Set To IPO In The U.S.
  • 2 days Emerging Economies Could Get Left Behind In Race For COVID Vaccine
  • 2 days Dead Malls Could Be Amazon’s Next Target
  • 3 days Unpacking Biden's Energy Plan
  • 3 days Russia Aims To Become World's Top Gold Producer
  • 3 days Global Tech Stocks On Edge Over Trump TikTok Ban
  • 4 days Cobalt Squeeze Threatens The Electric Vehicle Boom
  • 4 days COVID Has Sparked A Surge In Cybercrime
  • 5 days Precious Metals Bulls Still Have Plenty Of Room To Run
  • 5 days The U.S. Has The Tech To Go Green, But Will It Use It?
  • 6 days Massive Losses Force Russian Commodities Giant To Slash Dividends
  • 6 days Markets Up On Stimulus Hope
  • 7 days UK To Invest In Europe's First Geothermal Lithium Recovery Plant
  • 7 days TikTok Takes Center Stage In US-China Tech War
  • 8 days Are Semiconductor Stocks Overvalued?
  • 8 days Jobs Report Doesn’t Say Much Amid COVID Uncertainty
  • 9 days Crypto FOMO Heats Up As Bitcoin Climbs Above $11,000
  • 10 days Aluminum Is Bouncing Back In China
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

Silver and Silver Stocks Spring Into Life

A Moment of Respect ...

Last night, Mark Haines of CNBC died unexpectedly after 22 years of service. At this time, we would like to extend our condolences to Mark's family and friends.


For today's update, we will look at the NYSE's New Lows.

If you think about it, when New Lows continue to increase day after day, then investors are bailing out of their stocks in despair.

The worse of the 2008 and 2009 Bear market drops occurred when the NYSE's New Lows were ABOVE 50 per day. A quick look at today's chart, and you will see that to be the case.

Is there a "gray area" where the New Lows depict a condition where the market will pull back or correct?

The answer is yes, and that value is in between 28 and 50. When the New Lows are in that range, the market is under pressure as investors are taking profits, moving out of certain sectors, or reducing exposure.

What could be considered a Bullish level?

Any daily number under 28 should be considered bullish, and the safest and strongest market moves generally have New Lows below a daily reading of 10.

Obviously, this indicator is more useful in conjunction with other market data, but even by itself ... the New Lows gives you a good indication of what the currently investor behavior is.

SP 500 SPY Chart


If you have not signed up for our FREE daily market emails, you can do so at this link in less than 10 seconds: Free Daily Updates


Back to homepage

Leave a comment

Leave a comment