karennma 8,057 posts msg #149535 - Ignore karennma modified |
11/6/2019 9:05:30 AM
I retrospect ...
I see what all the so called "experts" did last year.
Last FALL, Acampora, Liz Sonders and the others ... told everyone the sky was falling and nervous nellies sold.
Then the flash boys bought in January ....
VIX double-bottomed @ 12.25-12.30 last week.
And another leg up begins .. again!
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graftonian 1,089 posts msg #149536 - Ignore graftonian |
11/6/2019 9:46:34 AM
Working at these altitudes requires an oxygen mask
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Cheese 1,374 posts msg #149538 - Ignore Cheese modified |
11/6/2019 12:10:33 PM
@karennma and @graftonian
Both of you are among the best people in this forum, and in this case I think both of you are right.
Trend indicators such as the Guppy works by graftonian still support karennma's bull case.
But weakening momentum indicators for growth stocks support graftonian's caution.
So, I guess there would be some rotation from growth momentum
to lower volatility and more quality value.
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Mactheriverrat 3,156 posts msg #149549 - Ignore Mactheriverrat |
11/6/2019 11:02:05 PM
Just my 2 cents .
Every thing is more or less Bullish besides the occasional pullback until the unemployment rate starts going up.
https://stockcharts.com/h-sc/ui?s=%24%24UNEMPRATE&p=M&st=1986-11-03&en=2019-11-29&id=p25581471763&a=485547958
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graftonian 1,089 posts msg #149550 - Ignore graftonian |
11/7/2019 11:10:14 AM
@mac, I have modified your work with Guppy averages to the point where it doesn't resemble its former self. Could you repost your most recent filter?
Thanx,Graf
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Mactheriverrat 3,156 posts msg #149551 - Ignore Mactheriverrat |
11/7/2019 1:51:00 PM
@Graf
/* The price above EMA(50) filter consists of price moving above EMA(50) and the long term Guppy Moving averages compressing. */
Submit
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karennma 8,057 posts msg #149554 - Ignore karennma |
11/8/2019 7:30:45 AM
@ Mac,
THANKS for the UNemployment chart.
Very useful!
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karennma 8,057 posts msg #149571 - Ignore karennma |
11/11/2019 8:46:35 AM
Veterans Day = NOT a market holiday.
So disrespectful.
SMH ...
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