A Stock Market Topping Pattern Is UnderwayComstock Partners
But let’s look at an even larger degree chart. This next chart shows the S&P 500 has formed a Jaws of Death mega topping pattern from 1986, which also overlaps a Rising Bearish Wedge pattern from 1986. These patterns covered the entirety of Cycle degree waveV-up Bull market. They also ...
IYT (Transportation)– Mr. Transportation touched the monthly MA too. It also corrected 10% from the topping reversal pattern. It’s oversold on the weekly chart. If good, has to clear back over 188.75 at least. Then still has a long way to go IBB (Biotechnology)– 106.16 the monthly M...
" a chart pattern where the stock's 50-day moving average crosses above an ascending 200-day moving average. This pattern is often seen as a sign of strong momentum and a potential indicator of more gains
Energy stocks in theS&P 500were able to sidestep Tuesday's market downturn. The sector was up more than 1% in afternoon trading. By comparison, the index as a whole fell around 1%. APA,Baker Hughes,EQTandDevon Energyled the sector higher, each advancing around 2%. All stocks in the secto...
"gather together or acquire an increasing number or quantity of". You accumulate a lot of things in life: wealth, strength, friends, etc. In the stock market, accumulation is used to describe the accumulation of shares by traders. The more people that buy, the more shares that are then ...
The Dow Jones was down while a Warren Buffett stock moved higher on the stock market today. GM fell while shares of CrowdStrike rose.
11/20/2023 [-] In One Chart Why stock-market investors can’t snooze during Thanksgiving week 11/06/2023 [-] The Tell Will a stock-market rally follow a peak in bond yields? It depends. 11/04/2023 [-] The Taylor Swift stock-market effect? We are convinced. ...
Costco mulls change after earnings that would please investors Costco reported its latest quarterly business performance. COSTWMTTGT Advanced Chart 1D 5D 3M 6M YTD 1Y 2Y 3Y 5Y 10Y chevron_right Frequency Daily arrow_drop_down Events arrow_drop_down ...
fooled by Wall Street’s false hype that bull markets last forever are going to get killed in this next bear. Stock markets are forever cyclical, so it is foolish to buy high late in a massive bull market when topping signs abound. It’s far wiser to sell high, and then buy low ...