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The shares of both mining companies remain in long-term uptrends and are enjoying the gains made in the prices of gold and copper.
Seek Shelter In Commodities Jocelynn Drake 2006
Both tobacco stocks are in long-term uptrends, outperforming both Altria Group and the AMEX Tobacco Index TOB.
Sin Stocks With A Pharma Chaser Bernie Schaeffer 2006
This equates to just 7% of all NYSE issues being in long-term uptrends.
More NYSE stocks were in long-term uptrends on Friday/Monday vs. that of Aug. 8 as per the below chart, a mild positive.
What's more, a couple of these equities remain plagued by pessimism on Wall Street, which could actually translate into contrarian boons, and help the shares resume their longer-term uptrends.
Forbes.com: News Schaeffer's Investment Research 2011
That brings us to this point: we follow a trend following strategy - use the 200-day moving average to find areas with potential long-term uptrends while avoiding those with no firm trend in place.
All three major equity indexes re-established the support of their short-term uptrends while volume relative to average daily volume remained flat on both the NYSE and Nasdaq exchanges.
However, even if the major indices fail to move back above their 50-day MAs today, the intermediate-term uptrends that have been in place for the past two months technically remain valid -- just as long as the "swing lows" from late December are not violated.
Not to be left behind, 6-8 of the growth ETFs may also claim near-term uptrends by the end of the day,
Obviously markets will be well off their lows when this evidence of at least medium-term uptrends is apparent.
The Big Picture 2009