Conflicting Signals

Yesterday the major averages went nowhere on the lightest volume so far this year. Can you say summer doldrums? However we had nice gaps higher in Bonds and Gold indicating a flight to safety.  Click images to make full size.

Interestingly however when doing some screening of our database of Optionable stocks last evening I came across the following; quite a number of stocks showing a positive divergence with our accumulation model indicating they may want to go higher over the short term. Which kind of flies in the face of a flight to safety, does it not?

Of course as the old cliche’ goes; “It’s not a stock market. It is a market of stocks.“