An old friend who recently touched base asked me what I think of the markets here. I told him I'll tell him what I think of the markets, but more importantly, I will tell him what the market thinks of the markets! And those are two different things! First me: I think equities are overvalued by a significant degree. Refinitiv, in their report dated 12/2/22,...
Nothing is certain here, we might go through the line and have big bullish move. If we rhythm with the past then cooling off here is expected.
NDFI’s mid-term trend chart is presented. ___ Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile. Disclaimer The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice...
The percentage of Nasdaq 100 stocks trading above their 50 DMA is at 33%.
Once again this index signaled an oversold market. We had a positive divergence at the bottom of the BB(100). Official long if DPO gets above mid-point(almost there) and a break of trend line resistance.