Weekly Market Outlook

Bears Grizzled and Going Vegan

January 19, 2020


US Equities made mincemeat (for those vegans’ please substitute meat with a BYND burger) of the bears as last Friday’s bearish engulfing pattern failed with equities again roaring to new highs. All key U.S. equity indexes are now up on the year led by NASADQ 100 (QQQ) which is up more that 5%. This is more than one would make sitting with the U.S. long

Read More.....

Big View Weekly Video

Free Premium

Market HotSpots

What's hot today? What dropped today? This is a great source of new trades ideas when today's action creates an opportunity in the context of the Phase, 3-month, or 6-month trend!

Description:

This table looks displays the 5 biggest daily percentage gainers and losers as well as the 5 biggest six-month percentage gainers and losers as well as other key market data for those symbols. The market hotspots leaderboards are taken from a list of over 130 key and representative ETFs.

What to look for:

  • The daily gainers and losers can help you identify short-term market trends that might continue.
  • The six-month gainers and losers can help you identify ETFs with longer term strength and weakness.
  • Extreme or contrary moves in both long and short-term periods can point toward potentially overbought or oversold situations.

For a complete review of how to use basic price chart with moving averages please click here:
https://www.marketgauge.com/resources/mishs-daily-articles/the-power-of-the-200-day-moving-average/