The market has been on a heck of a run. In this video I go over a handful of indicators to see what they hint at going forward.
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The market has been on a heck of a run. In this video I go over a handful of indicators to see what they hint at going forward.
You must be logged in to post a comment.
No video on iPad :((
I uploaded a copy to youtube, but the quality isn’t as good.
http://www.youtube.com/watch?v=mqYIcKKdvsg
You fail to mention the danger of the debt ceiling and the budget debates, both are casting shadows now. The fed is gone from the table and cashed in its chips, but the last financial battle was damaging to stock investors, may not traders. The technicals are in confusion and they are telling two stories but telling no direction preference. If they can not push them up, then they will try down soon. It is movement that matters to the trading community.
Overall, interesting, but narrow, and if I say so, uninspiring. We still like hearing. Thanks.
Good job Jason. I don’t think the market is going to dive this week but I do see a 6 week pull back coming. If I were long which I am not and I see a spike in volatility it is time to run for the hills.
PS no global warming here. We had a high of 58 yesterday and not much more today. Lake Michigan looks like mid June and lake Superior feels like ice water.