More Breadth Figures - 50 Leaders 15/10/09

Here's some more breadth figures from yesterday.

From the 50 Leaders:

No. of Stocks making 20 Day New Highs: 20
No. of Stocks making 20 Day New Lows: One (Telstra)

Bullish Percent Figures:

Above 10 Day Moving Average: 90%
Above 50 Day Moving Average: 90%
Above 150 Day Moving Average: 96%

These Bullish % Figures are extreme. I'm expecting a pull back to work off that over heated quality.

Quick Run Down - Monday, 12/10/09

Flat day today. XAO, down 9 points, -0.2%, finished at 4745.5 after being up in the first hour of trade at 4789.1

Strong industry sectors today were two defensive sectors.

• Utilities +1.4%
• Telecommunications +1.1%

The weakest industry sector was the Financial Sector, down -1.1%.

Breadth was mildly positive. Advance/Decline Ratio: 1.16
Advancing Volume/Declining Volume Ratio: 1.035

Among the 50 Leaders, stocks making new 20 Day Highs/Lows: 7/0
This is a strong reading - but should be treated with caution as most of those new highs were intra-day, then fell back. So it could indicate a weakening rather than a strengthening trend.

That's all for now. I'll post a chart about Gold later on. The GOLD ETF is starting to look interesting - but too early to be sure.