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
This very “interesting” chart came across our desk this afternoon:
Special Thanks to Mr. P & S K
It seems like the entire world is focusing on the 2009 U.S. holiday shopping season. Around this time each year, the media, clients and friends ask us countless questions on the subject. Most people want to know what a so-called “expert” thinks will happen on any given event. Predicting the future is impossible because the simple truth is that no one really knows what will happen. Instead, these “experts” offer their opinion which at times will be correct and other times will be incorrect. After all, we all know how valuable opinions are, right?
Like This Post? SIGN UP FOR OUR FREE NEWSLETTER & GET POWERFUL IDEAS DIRECTLY TO YOUR INBOX Each Week On Thursday we wrote that the S&P 500 (SPX) was about to breakout of a H&S bottom pattern. The correct term should be a H&S continuation pattern. Semantics aside, this is a bullish pattern and the bulls…
S&P 500 laggards since the March 2009 bottom
Looking For Leading Stocks? Take A FREE 2-week Today The Greatest Investor Of All-Time Many people overlook their mistakes and only look at their strengths. The problem is doing this invariably leads to more mistakes (repeating the same mistakes over and over again). Many people look at Warren Buffett, the most successful investor in history,…
LIKE THIS POST? SIGN UP FOR OUR FREE NEWSLETTER The CBOE Market Volatility Index, more commonly known as the VIX, is misunderstood and misused by most people on Wall Street. Most people think the VIX measures volatility (after all the words “Market Volatility Index” are used in its name) but that is not always the…
The Following is an excerpt from a FindLeadingStocks.com Intra-Week Update Market In Early Stages of Forming A Large Top; Still Needs To Be Confirmed The Market Is Getting Weaker, Not Stronger… The market is in the early stages of forming a large topping pattern. The top needs to be confirmed by more than one major…