Why bad news is good news in a bull market: Stocks in Translation

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Kenny Glick News

Jared Blikre,Investment Strategies

The major indexes (^DJI,^GSPC, ^IXIC) are in a record-smashing year as bullish calls on the S&P 500 pile up. RBC recently revised its S&P 500 (^GSPC) target ...

) are in a record-smashing year as bullish calls on the S&P 500 pile up. RBC recently revised its S&P 500 target to 5,700, yet, the analyst behind the call noted growing risks of a near-term pullback. So how should investors play the market?Glick explains how he uses volume-weighted average price as a trading strategy and how early investors can use the metric to inform their own strategies.

So for the, for the, for the newbie who wants to know it's like, that's where the action is, that's where the institutional people are putting their money.But if NVIDIA is down 10% today, I sell NVIDIA, right?It's actually again, when you're looking at VW, it's telling you where the most of that money is going in.

And what I do is again, going back to the, that first question, stick with the stocks that are in the news.If you're really just coming into the stock market, how do you find VW?No, no, no.You know, Yahoo has, and Yahoo has actually has multiple time frames. But for instance, I'll take the V wop anchored from the beginning of the year such that I know, OK, at this level, anything above the average person is experiencing a profit, uh the average person down here is experiencing the loss, which means at the equilibrium point.

And if I just feel like getting up from the desk, but listen, I don't get up, I'm there from 8 to 1130 in the morning.This episode, this episode right here is brought to you by the number 24 the number of hours in the day.The 24 exchange backed by billionaire Steven Cohen.This has been in the works for a while.A TSS like blue Ocean that do this.I mean, it's still in the gap.So extended hours trading is 4 a.m. until the market opens 9:30 a.m. Eastern and then from 4 p.m. M to 8 p.m.

 

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