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"As good an illustration as any this year of the divergence between the major indices and the majority of stocks comes in our final chart of 2015. It shows that, through December 30, the S&P 500 was positive for 2015, albeit barely. Meanwhile, the median stock, as represented by the Value Line Geometric Composite (VLG), was actually down double digits. This is a rare situation over the past 45 years. And, considering the likely location of stocks within the cyclical market cycle, this serious deterioration in the market’s internals is a major warning sign for the stock market."
"As good an illustration as any this year of the divergence between the major indices and the majority of stocks comes in our final chart of 2015. It shows that, through December 30, the S&P 500 was positive for 2015, albeit barely. Meanwhile, the median stock, as represented by the Value Line Geometric Composite (VLG), was actually down double digits. This is a rare situation over the past 45 years. And, considering the likely location of stocks within the cyclical market cycle, this serious deterioration in the market’s internals is a major warning sign for the stock market."
[text] 2015 Technical Analysis Charts Of The Year | Dana Lyons
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