Rally started...
Katie Stockton appears to be wrong.
I don’t fault ppl doing technical analysis but investors are looking at this as some sort of voodoo that is accurate with a higher than “just lucky” sort of answer. Here’s the problem - Nearly ALL backwards looking analysis will cause you to miss a significant move up. reality
Is this a joke? Would you have this dummy on if the market was up 20% to recommend selling? Lots more downside ahead.
LOL
Alternative headline: you can sell at a lower price Friday.
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A Bank of America currency chart shows how the stock market rally still has legsBank of America-Merrill Lynch's Paul Ciana uses a currency chart to show the broad market's 'risk on' rally has legs.
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How the stock market’s 2018 performance ‘rhymes’ with 1994, in one chartThere are enough similarities between 1994 and 2018 to give investors some insights into how markets might behave in 2019, says Canaccord Genuity’s Tony Dwyer. I would not place much weight on this week's action. Volume are low, the big institutions have pretty much through trading for the year. Expect the market to move downward and even perhaps get oversold short term. Next year fundamentals do not look very good at all. Harvest time for investors
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Source: BusinessInsider - 🏆 729. / 51 Read more »
The ‘average stock’ signals a market teetering on the edge of another crashThe last time the Value Line Geometric Index met resistance at this level was in 2015. Before that it was 2007. And before that, 1998. Let’s just say bad things, for bulls anyway, happened each time.
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