Tracking the Real Market

 12/2/2025

As I said yesterday has the 2nd wave ended, maybe. We had sideways action today, up a mere .39%.

NYSE Advance Decline

The NYSE is an unweighted index. Here the A/D line is sideways since Mid Sept. 

The NASD is not near as strong as its index indicates

 

Only  38% of NASD stocks are over their  50 day MA,which means  62% are not. 

SPX by the same measure has dropped from  80% to 51%. Again the market is not nearly as strong as the weighted averages indicate.

10 Year Yield

  Yields gave back very little still well above the downtrend line.

More tomorrow after market close