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HeadlineCharts - Saturday January 26, 2019
Article By:
Douglas Gammons
Saturday, January 26, 2019 11:48 PM EDT
One day last week I posted that it was time to start looking for signs of the next short-term downtrend. However, since thMore later...
Losses Look Bad But Long Term Investors Should Be Accumulating
Article By:
Declan Fallon
Monday, October 29, 2018 1:14 AM EDT
Friday was ugly but could have been a whole lot worse.
S&P 500, Dow Rout Allows Bold Investors To Pick Up Cheap Shares
Article By:
DailyFX
Friday, October 26, 2018 8:45 PM EDT
What began as a few days of sustained losses for the S&P 500 now borders a full-scale correction with the index down just under 10% from its peak. With its close at 2,658 on Friday, the S&P 500 forfeited all year-to-date gains.
Sunday Trio Of Short Ideas
100% agreement on $BWLD especially since it has been flat for months in a bullish market with more room to fall.
I disagree with $AMD. If AMD falls below the SMA200, absolutely short, but the Triple Bottom off 12.00 is a cause of concern + a previous ER beat + Q3 ER beat likely & sitting in oversold territory according to (MFI). $SOXX shows a Pennant as well.
$ACAD long-term is down, but short term is up. Above the SMA 20, 50 & 200.
Both AMD & ACAD is big risk little reward in my book unless the Days to Cover is a big enough window. Otherwise just not worth it in my book.