Today's number is... 358

Gold has been in an uptrend for the past 358 trading days, marking the 8th-longest trend since the 1970s.

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Today's number is... 5

After 5 months of consolidating, the S&P 500 Advance-Decline line has closed at an all-time high.

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Today's number is... 15.2%

The size of the lower wick for the S&P 500 in April was 15.2%.

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Today's number is... -0.87%

Out of the seven global regions I track, only one showed a negative return in April, the United States, which was down -0.87%.

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Today's number is... -8.0%

The average global market is only in a -8.0% drawdown, while the average S&P 500 stock is in a -19.6% drawdown.

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Today's number is... 50

After 43 consecutive days, the S&P 500 has risen above the 50 level on the daily RSI.

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Today's number is... 100%

100% of the major indices I track are trading back above their key shorter-term moving averages.

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Today's number is... 70

We had a breadth thrust trigger: The Triple 70 Thrust.

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Today's number is... 2022

The percentage of stocks in the S&P 500, S&P 400, and S&P 600 with their 50-day moving average above their 200-day moving average have declined to levels not seen since the 2022...

Today's number is... 43

There have been 43 consecutive days in which the number of 52-week new lows on the NYSE and NASDAQ has exceeded the number of 52-week new highs.

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Today's number is... 52

The relative ratio of the S&P 500 Index versus the S&P 500 Consumer Staples sector has reached a fresh 52-week low.

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Today's number is... 24.5

The average bulls have fallen to 24.5, the lowest level since the lows of the ‘cost of living crisis’ in October 2022.

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Today's number is... 10

The relative ratio of the World Ex-US index versus the S&P 500 has made a 10-month high.

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Today's number is... 16

My sentiment composite hits a fresh 16-month high. 

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Today's number is... 50%

More than 50% of stocks listed on the NYSE reached 52-week lows last week.

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Today's number is... 42nd

The 10-week moving average of the S&P 500 has fallen below the 40-week moving average for the 42nd time since 1950.

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Today's number is... 0.09

The St. Louis Fed Financial Stress Index has risen above the zero line, increasing to 0.09.

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Today's number is... 3rd

Yesterday's daily move of +9.5% for the S&P 500 was its third-best day going all the way back to the 1950s.

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Today's number is... 50%

More than 50% of the stocks in the S&P 500 are currently in oversold conditions.

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Today's number is... 28.5

My 'Fear or Strength' model has shifted into tactical bullish mode because the Volatility Index (VIX) is above 28.5.

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Today's number is... -4%

The S&P 500 posted back-to-back -4% down days last week. 

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Today's number is... -20.8%

The average stock in the S&P 500 is currently in a bear market, with a decline of -20.8%.

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Today's number is... 639

The S&P 500 has gone 639 consecutive trading days without a -3% decline.

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Today's number is... 4

Here is a four-panel chart showing the recent strength of gold and its outperformance versus the other main asset classes.

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