"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 1 min OPEC ‘Supergroup’ Keeps Oil Exports Subdued
  • 2 hours One Belt, One Road, One Direction for Precious Metals
  • 3 hours Vicious Trio Keeps Bitcoin in Chokehold
  • 5 hours How Infrastructure Is Driving A Commodity Boom
  • 7 hours What’s Really Happening With Venezuela’s “El Petro?”
  • 9 hours Gold Bull and Bear Markets
  • 1 day 5 Big Drivers of Higher Inflation Rates Ahead
  • 1 day U.S. And China To Face Off Over Aramco IPO
  • 1 day Gold Bulls, Brace Yourselves – Fed Hikes Are Coming!
  • 1 day Stocks Fail to Hold Gains, But Still No Correction
  • 1 day Cryptojacking: A New Threat Vector To Critical Infrastructure
  • 2 days Why The Next Oil Boom Will Be Fueled By Blockchain
  • 2 days 5 Things Investors Should Know About China this New Year
  • 2 days Is The South Korean Crypto-Drama Finally Over?
  • 2 days Miners’ Rally? What Rally? Watch Out for More Fake Moves!
  • 2 days Four Percent 10-year Note Yield Will Be a Floor Not a Ceiling
  • 2 days The End Is Near
  • 3 days 5 Record Breaking Gemstones Even Billionaires Can’t Buy
  • 3 days Irredeemable Currency De-tooths Savers
  • 3 days CFTC Offers Bounty For Crypto Pump And Dump Whistleblowers
5 Big Drivers of Higher Inflation Rates Ahead

5 Big Drivers of Higher Inflation Rates Ahead

Investors got lulled into a…

Permanent Market Support Operations

Permanent Market Support Operations

The greatest flaw in central…

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

Don't Miss A Single Story