Last week, the market had a massive rally, however is still below the 200 EXMA. The leading stocks, the FANGs had a nice run and the VIX fell sharply.
Had this repeatedly asked….During my Trend Following Weekend Review
Is the Stock Market Correction Over?
Sorry to say, I do not know. I have to take it day by day. The market had a massive rally…however still below the 200 EXMA. The leading stocks…the FANGs had a nice run. The VIX fell sharply…Time will tell…however you need a trading plan before you try to bottom fish…
Video length: 00:03:56
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I may hold positions in these stocks mentioned in the blog.
Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts, commodity options or forex can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
Comments
Log in or sign up to join the conversation.