According to the CICO report and Cashflow indicator, the selloff began two days ago.
Hello friends, its been a minute. I try not to overwhelm you with daily noise. My intent is to give only important information. Trust me, if you heard from me everyday you would be annoyed.
According to the CICO 13 MA on the daily chart, we had our first red day in about a month. What this means is the running sum of new money is leaving the SPY. More people are selling than buying; they want their cash. When a sell off begins the only certainty is nobody knows when it will end. I am a self proclaimed bear. What this means is I naturally prepare for results to be the worst case scenario and then I peel back layers of the emotional onion. Meaning, I think of the worst possible scenario and then question the reasoning. My goal is to uncover as much information as possible and then make a decision. I try to look at the good and the bad in totality. Being thorough in a decision is very important to me.
However, the unique thing about the stock market is it has no feelings. Computer programs literally ignore emotion. Machine learning and AI are currently trading against you and they don't care about the impeachment or a trade war.
I want our politicians to work together and solve problems. I think our present circumstances present a unique opportunity for unity. I'd suggest that border security is both digital and physical. Democrats want digital security from the Kremlin. Republicans want physical security on all borders. I suggest a comprise that all Americans want, complete security.
Please focus on making life better for all Americans, not just half of us.
I'd love to hear your feedback on the indicators listed. Leave them a like if they help you in anyway. I hope you take your money back today.
Hello friends, its been a minute. I try not to overwhelm you with daily noise. My intent is to give only important information. Trust me, if you heard from me everyday you would be annoyed.
According to the CICO 13 MA on the daily chart, we had our first red day in about a month. What this means is the running sum of new money is leaving the SPY. More people are selling than buying; they want their cash. When a sell off begins the only certainty is nobody knows when it will end. I am a self proclaimed bear. What this means is I naturally prepare for results to be the worst case scenario and then I peel back layers of the emotional onion. Meaning, I think of the worst possible scenario and then question the reasoning. My goal is to uncover as much information as possible and then make a decision. I try to look at the good and the bad in totality. Being thorough in a decision is very important to me.
However, the unique thing about the stock market is it has no feelings. Computer programs literally ignore emotion. Machine learning and AI are currently trading against you and they don't care about the impeachment or a trade war.
I want our politicians to work together and solve problems. I think our present circumstances present a unique opportunity for unity. I'd suggest that border security is both digital and physical. Democrats want digital security from the Kremlin. Republicans want physical security on all borders. I suggest a comprise that all Americans want, complete security.
Please focus on making life better for all Americans, not just half of us.
I'd love to hear your feedback on the indicators listed. Leave them a like if they help you in anyway. I hope you take your money back today.