Sunday, February 5, 2023

Stock Market Update Feb 3, 2023 - Stage 1

 From a stage analysis perspective, it appears the major indexes are entering into Stage 1 and possibly Stage 2. 

I am also seeing improvements in the number of new highs vs new lows and NYSE Advance-Decline Index.


We may be climbing the Wall of Worry. I am starting to nibble at stocks with the hope that this year we move out of the market decline and into a market uptrend.


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