S&P 500: Dangerous Black Swan Chart Formation
This very “interesting” chart came across our desk this afternoon:
Special Thanks to Mr. P & S K
Similar Posts
How To Find Leading Stocks During Corrections… & 3 Leaders For Your Review
How To Find Leading Stocks During Corrections… Our longstanding readers know that one of our favorite ways to make money on Wall Street is to find and own leading stocks. We keep things simple and define leadership by looking at the strongest performing stocks in the market at any given time. Why? Because, by definition,…
Can Asia Save The World's Economy?
Right now the world is in nascent stages of a massive economic recovery. There is no question that Asia is playing a pivotal role in that process. Asian economies are currently growing at a very rapid pace. Countries like China, India, Russia, Japan, South Korea and Singapore are experiencing robust economic growth which will eventually translate into more important global power. However, that is years, if not decades, away and it is nothing for the West to fear.
How to Buy Weakness In An Uptrend
Higher Highs & Higher Lows: In the simplest sense, the definition of a bull market is a series of higher highs and higher lows. In addition to buying strength (only buying breakouts) is to step up and buy weakness in strong uptrends. This is one tool in my toolbox that helps me successfully navigate capital…
Percent Declines For The Major Averages From Their 2015 Record High To Monday's Low
These are the percent changes from the 2015 record highs to Monday’s low. Remember we are very oversold and way overdue to bounce…
Long Term Look At The U.S. Stock Market: 1900-2012 (Summer)
Long Sideways Patterns Are Normal For The Stock Market: This is one of my favorite charts because it clearly shows that we are in the middle of a long (12 yr) sideways pattern in the US stock market. These long sideways periods are “normal,” have happened before, and will happen again. …And So…
