Nice Bounce Higher for Materials, Financials | The Final Bar (05.15)
The Final Bar with David Keller, CMT • 29m
Host David Keller, CMT kicks off the week with a focus on the Nasdaq Composite making a new 52-week high but also beaten down sectors like Financials and Energy getting a mean-reversion bounce off recent lows.
Up Next in The Final Bar with David Keller, CMT
-
Equities Rallies Strong Into Close | ...
Host David Keller, CMT wraps the week with a discussion of a late afternoon equity rally amidst deteriorating breadth conditions. He answers viewer questions on cup and handle patterns and the precision of support and resistance levels.
-
How the Market Gets Unstuck | David K...
Guest Clint Cowles, CMT of Charles Schwab outlines his Elliott Wave count for the S&P 500 and shares why gold still may have room to grow. Host David Keller, CMT separates the strong from the weak charts using the 30 members of the Dow Jones Industrial Average.
-
Head and Shoulders Patterns All Aroun...
Guest Frank Cappelleri, CFA CMT of CappThesis talks multiple time frames and identifies a key bullish pattern for Communication Services (XLC). Host David Keller, CMT highlights a potential buy signal from New Dow Theory using the Nasdaq Composite and S&P 500 indexes as well as key stocks testin...