Friday, November 27, 2009

Death Cross Watch -- PHM, DRI, AYE

there weren't any new crossovers today, but I forgot to post the three from Wednesday, so those are below.

there are 32 active death crosses among S&P 500 stocks now. the number is slowly on the rise, with plenty more on the horizon.

so the reader wonders, am I really going to post every stock where the 50 day moving average crosses below the 200?

sure, why not? people don't look at charts enough. I mean really look at them. personally, I don't pay enough attention to individual stocks so tracking an indicator like this forces me to glance at more of them.