It has been the same song and dance for the last couple of weeks, many stocks are not triggering and those that are triggering are not showing much follow through. You can see that on the chart below that looks at the number of stocks up 13% or more in the last 34-days versus those that are down 13% in the last 34-days.
In the VIDEO below I discussed the stocks on my watchlist and a way to deal with negative divergences/narrow rallies.
We live in a world in which we are bombarded with information, tweets, blogs, etc., content is the new salesman, content is the new marketing, content is the new networking. With information being so readily available, bloggers try to differentiate themselves with their writing skills, volume, and consistency, putting out blog posts to meet quotas. We are seeking to stand out from the crowd by showing performance, by taking all the information and seeking alpha, that’s the sole purpose of the blog. It won’t always be pretty; it’s never easy, and performance is spotty, but we seek superior risk-adjusted returns, not notoriety for our writing skills. If this is something you can relate to, then this blog is for you.
By Frank Zorrilla|
2018-02-02T12:05:57+00:00 October 31, 2017 7:37 am|