ajtj99's Market Pulse

[NYTT]

Yes, That is amazing.
I noticed that NAMO has not been so high during any earnings seasons. The rational is that if market anticipated so big positive from earnings, it should not drop so big days before that, therefore should not generate so high NAMO.
Anyway, I don't think it can go much higher.
NYSE A/D is weak already today. We should begin retreat tomorrow, or Wednesday. After that I expect market to come back up to make another new high, which will be the final top.
As a seasonality pattern, Q4 should be the strongest season ( that was one factor to help Oct 2002 rally to sustain,) but after April we will enter the weak seasons for the market, that is why I think after this rally, market will drop hard.