Wednesday, February 6, 2019
Bull Market or Bull Trap?
Market weakness is shown by lower highs and lower lows, which the chart here of the QQQ, which tracks the NASDAQ 100, indicates has been happening since Oct of last year. The latest rally in January is approaching the last high set in late November. If the market breaks through this, you could anticipate a further rally. If not, then we could get a correction or more. Time will tell.
Subscribe to:
Post Comments (Atom)
-
Climate change activists are not just interested in reducing carbon emissions in order to "save the planet." Their underlying desi... -
High-yield bonds are sending the stock market a warning sign. This is not a prediction, but a leading indicator. Just because it's happe... -
There are numerous posts on this blog, and millions on other blogs and news sites, on the subject of what the rich do different, but it'...
No comments:
Post a Comment
Thanks for the comment. Will get back to you as soon as convenient, if necessary.