The Market’s Gone Risk-Off - Here’s What’s Next

Cutout paper illustration representing scheme and Stocks inscription

Image Source: Pexels


You don’t have to be a seasoned stock technician that reads charts in their sleep to be able to sense something has changed in this market - and, depending on your point of view, not for the better.

The folks following along with me in TheoChat got warning of this on Friday, when our model - that’s served us very well - flashed red with some major troubles.

When I looked for market leaders, I found… consumer staples and healthcare standing head and shoulders above the rest. That is a problem.

Elsewhere, bonds are bidding like the economy is about to hit the skids and crude oil is plumbing multi-week lows.

Now, our China idea is flying along, but here in the US markets we see fear - or maybe something even more sinister.

Let’s take a closer look…

Video Length: 00:08:26


More By This Author:

Here’s How To Spot A Market Bottom
Staples Surge On A Dime
Welcome Back To The Volatility Box

Disclaimer: This article is republished from The Conversation under a Creative Commons license.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with