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Market Recap: February 24, 2017 - SPY DIA QQQ IWM XLK XLY XLI XLV XLF XLE XLU IYR JNK TLT LQD UUP GLD GDX USO UNG

2/25/2017

Stock market is very overbought … but also very bullish
Is 2015 style plunge in stocks possible today?
Junk bonds at all-time highs is confirming the move up in stocks
Investment-grade bonds and Treasuries surging
Defensive posture is now more pronounced in the stock markets as Utilities, REITs, Health Care and Consumer Staples approach all-time highs | Industrials, Technology, Cyclicals and Financials stall at all-time highs
Gold and dollar both moving higher – something has to give soon | Gold miners either rolling over … or getting ready for another leg up |
Oil goes nowhere for 11th week in a row | Energy ETF (XLE) is showing troubling divergences and may indicate more downside for oil
Natural gas may be headed for a retest of its 2016 breakout level

Watch this video on YouTube here: youtu.be/_j0PNr60bME

1 Comment

indira

7/10/2020 05:01:26 am

Hi. Great comment. I don’t have all the answers. My thoughts are as follows:
1) If Feb or Dec 2018 caused massive losses then… you traded too big and too aggressively.
Many people (not me) actually made money in those months.
2) I don’t think there’s any other way to trade than to pick your spots and be patient.
You’re also reducing risk by being patient.
I trade much less frequently than I used to, yet my results are the same (and I have less stress).
If you’d like to discuss, you’re welcome to book a call https://beststockstrategy.thrivecart.com/30-minute-call/
or take the alerts at
https://beststockstrategy.com/memberships/

Market Recap: February 24, 2017 - SPY DIA QQQ IWM XLK XLY XLI XLV XLF XLE XLU IYR JNK TLT LQD UUP GLD GDX USO UNG

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