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Making Proper Readings of the McClellan Summation Index (McClellan Market Report)
We have recently seen reports calling the January 2010 Summation Index high a “major divergence”, since it was lower than the prior high made on Sep. 22, 2009. It is true that this is a divergence, since the price high was higher and the Summation Index high was lower, but the interpretive implications are not as dire as one might think. For long term comparisons, we like to use the Ratio Adjusted Summation Index (RASI). This version factors out the changes in the number of issues traded, so that amplitudes can be more fairly compared.
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Making Proper Readings of the McClellan Summation Index (McClellan Market Report)
1-13-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Submitted by SmallCapVoice.com Stocks are mixed as commodities fall Kraft Foods raised its full-year profit forecast for the second time in two months, but stocks gave up early gains and major indexes turned negative led by declines in energy and resource shares as the price of oil and other commodities fell. The early gains in stocks came as
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1-13-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
TV, YouTube and iTunes: Change in the Wind
Would you buy a show on iTunes that you could stream at any time to YouTube? The way that most people answer that question could be crucial to the fortunes of both Apple and Google in the coming months. Google is apparently following up on its plan to offer streamed movie releases for rent with another to do essentially the same thing for current television shows
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