Master Charts Trading - Stock Market Indicators & Trade Alerts
Connect To Us!
  • MasterChartsTrading
  • Products
  • Blog
  • Members
    • Elite Trading Blog
    • Stock Speculator Blog
    • Training Library >
      • Basics of Trading
      • Risk & Trading Psych
      • Trend Identification
    • Weekly Video Recap
  • Help
    • Hall of Fame
    • Social
    • About Us
    • Contact
    • FAQs
    • Disclaimer
    • Refund Policy
    • Privacy Policy
    • What We Trade
    • Scanner Sign-up
  • Affiliates
Tweet . Add to Flipboard Magazine. . Share on StockTwits .

Stock Market Recap: July 21, 2017 - SPY QQQ IWM NYA TAN VGK EEM XLY XLP XLU XLI TLT LQD JNK USO UNG XLE GLD GDX

7/22/2017

1 Comment

 
​•VIP Membership Interest list forming! Sign-up here:  eepurl.com/cWexiP
Estimated go live date is Monday, September 18th

•Comparing stock market landscapes in 2000, 2008 and 2017
SPY at record highs. Advance-Decline lines also at record highs.
Bearish patterns in bullish instruments.
Many stock sectors in the middle of oversold bounces, or also at fresh records.
Emerging markets, and Europe at 52-week highs.
Solar ETF (TAN) hits 52-week highs and outperforms

•Junk bonds confirm a bullish posture for stocks.
Investment grade bonds also bounce

•US Dollar continues lower to 52-week lows

•This is helping gold and gold miners. GDX has a bullish engulfing pattern on weekly chart

•Oil may have already failed, but could still continue higher to around $50. XLE very close to 52-week lows

•Natural gas is flat for the week.
Picture
Ready to trade? Sign-up Today
1 Comment
indira
7/10/2020 04:45:54 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/

Reply



Leave a Reply.

    Picture
    Subscribe to our mailing list!
    Picture
    Picture
    Picture

    Archives

    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014

    RSS Feed

  All information on MasterChartsTrading.com is for educational and entertainment purposes only, and should not be construed as a recommendation to buy, sell or sell-short said securities. Read full disclaimer.