Look at this chart from Barron's. It looks extreme.
Some interesting stocks and ETF's this week are Proctor & Gamble (PG) and HealthCare ETF (XLV). Good for the watch list. Their moving averages need to turn up.
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I read the tape, not the news!
Monday, February 20, 2017
Stock Market Update: Flying High
The market is flying high! All the indicators seem to be screaming green. As much as my intuition says this is a top, my job is to follow the indicators. The top could last for awhile and in the meantime we should take advantage of it.
Look at this chart from Barron's. It looks extreme.
Some interesting stocks and ETF's this week are Proctor & Gamble (PG) and HealthCare ETF (XLV). Good for the watch list. Their moving averages need to turn up.
Look at this chart from Barron's. It looks extreme.
Some interesting stocks and ETF's this week are Proctor & Gamble (PG) and HealthCare ETF (XLV). Good for the watch list. Their moving averages need to turn up.
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