Beginning with a discussion of Wyckoff Distribution and Re-Accumulation schematics, John and Bruce compare and contrast major stock indexes. With last week's volatile and sharp declines, Point & Figure count objectives are updated and they profile targets that were reached into last Thursday’s weakness. Breadth is studied for signs of nascent non-confirmation of the market weakness that could be a prelude to a near-term rally. Finally, measures of sentiment show that pessimism became somewhat extreme which often leads to a rally phase. Does last week's decline mark a psychological low from which a Re-Accumulation structure can build a Cause that can eventually lead to a new markup phase? Or is this a respite in a late stage Distribution that will eventually lead to a larger Markdown phase?
Mish thinks it is a good time to bring out a list of stocks and ETF's to buy considering if the market has bottomed, there is still plenty of opportunity.
Connect with Mish:
Website - https://www.marketgauge.com/
Blog - https://stockcharts.com/articles/mish/
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What a day we're having and the markets have crashed. With that, it is a good time to see Joe discuss combining the NYAD and the CBOE Volatility Index (VIX). Today, the goals of the presentation are:
To demystify why stock prices fall in trends.
To pinpoint reliable trend analysis methods.
To ...
Silver has been on the forefront. Who has not heard anything about silver lately? Jane is a huge fan of the physical asset, and there are some amazing stocks, ETF's, mining companies that you can use for a next big trade on silver.
Connect with Jane on her website https://seejanetrade.com
E-Ma...
