{"id":59604,"date":"2012-03-06T10:44:30","date_gmt":"2012-03-05T23:44:30","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2012\/03\/06\/nasdaq-turning\/"},"modified":"2012-03-06T10:44:30","modified_gmt":"2012-03-05T23:44:30","slug":"nasdaq-turning","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2012\/03\/06\/nasdaq-turning\/","title":{"rendered":"Nasdaq Turning?"},"content":{"rendered":"<p>\n\tBy Rudi <span class=\"scayt-misspell\">Filapek-Vandyck<\/span>, Editor <span class=\"scayt-misspell\">FNArena<\/span><\/p>\n<p>\n\tYesterday, Joe <span class=\"scayt-misspell\">Weisenthal<\/span>, Deputy Editor at US-based Business Insider (dot com), published a rather intriguing chart, which was sent in by one reader of his regularly updated financial blog. Following on from my own cautionary comments in this week&#039;s Weekly Insights (paying subscribers: check your inbox) I thought it highly appropriate to replicate this chart and bring it to the attention of <span class=\"scayt-misspell\">FNArena<\/span> subscribers.<\/p>\n<p>\n\tWhat the chart suggests is that nine weeks of up-up-and-away for the <span class=\"scayt-misspell\">Nasdaq<\/span> remains a rare occurrence; it only happened twice for as far as this chart goes back in history. Probably of more importance is that history now suggest &quot;flat-lining&quot; is the best investors should expect for weeks ahead.<\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/Nasdaq_CorrectionTime_March2012.jpg\" style=\"width: 670px;height: 524px\" \/><\/p>\n<p>\n\t<strong>Technical limitations<\/strong><\/p>\n<p>\n\t<strong><span style=\"font-style: italic\">If you are reading this story through a third party distribution channel and you cannot see charts included<\/span>, <em>we <span><span class=\"scayt-misspell\">apologise<\/span><\/span>, but technical limitations are to blame.<\/em><\/strong><\/p>\n<p>\n\t<em>Find out why <span class=\"scayt-misspell\">FNArena<\/span> subscribers like the service so much: &quot;<a href=\"http:\/\/www.fnarena.com\/index4.cfm?type=dsp_newsitem&amp;n=29EB960D-9DFF-C00E-7F6B464E5D52E250\">Your Feedback (Thank You)<\/a>&quot; &#8211; Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Technical analysis combined with historical data suggests the Nasdaq index has over-stretched itself. Sideways or correction seem but the two options left.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[26],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/59604"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=59604"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/59604\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=59604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=59604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=59604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}