Death ☠️ Cross – Nasdaq
The Nasdaq Composite index may be in for trouble, but then again it may not. The index has formed a “death cross” chart pattern, meaning its 50-day moving average has dropped below its 200-day moving average. That can be a sign of trouble ahead for stocks. For...
2/15 Weekly Update
News and Sentiments Stocks traded fairly sideways till Friday’s 2/11/22 action pushed them to much lower levels for the week with the three major indexes all closing below their 200-day moving averages again. With chances increasing that the Federal Reserve may boost...
Rules of Bear 🐻 Market
BEAR MARKET RULES: 1. Overbought conditions in a bear market -- expect a new down leg. 2. Oversold conditions in a bear market -- "thin ice", no solid foundation for price bounces. 3. Buying into a bear market is dangerous regardless of the bullishness of the chart....
Inflation, Ukraine Invasion Threat = Stock Volatility
A turbulent start of the year for U.S. stocks has entered a new phase in recent days, with investors weighing good news about corporate earnings and the labor market against the stubborn challenges of high inflation, rising bond yields, and geopolitical uncertainty (...