Clues to the Stock Market’s Health …

Clues to the Stock Market’s Health …

Among other things, investors need to keep an eye on the general health of the stock market.    And so, every morning we post a color-coded Matrix showing the condition of 8 different stock market Fundamentals so that investors can understand the condition the stock market is in.

Below is a partial view of the Matrix for today.  This cross-section shows 3 of the Rows and how they have changed during the past three trading days (the column to the far right is as of the close yesterday).

Each of these shows a number from our modeling of the New York Stock Exchange’s daily New Highs and New Lows.  The numbers in the Matrix represents the daily counts and their color code ratings (see the legend below for the color coding ratings).

Legend Color Codes for the Matrix: