In our annual forecast we suggested an early year correction driven by a volatility event. On Twitter in early January, I posted that coronavirus was the most important story developing. It is now threatening the stock market and global economy. Here’s a simple way to think about volatility now.
This piece is available to anybody with a subscription or a FREE Library Card. Find out how we are trading the first half of 2020 and what might develop. Hint, we expect volatility to increase in 2020 and the year to potentially be a lot like 2018 ending in a crash.
I track technical analysts, including Avi Gilburt over at FATrader, Marc Chaikin, a point-and-figure guy here in Milwaukee, several candlestick makers and a few others. When their macro analysis lines up, it gives me pause. Right now, they are all telling a similar story:
The stock market is very likely to go lower from here.
The market got choppy on the “trade war” worries. That is opening up some trading opportunities for about the next […]
As I covered in the last webinar, there are two potential short-term setups for this stock market. The first is […]
The S&P 500 is hitting up against substantial resistance right now. It has been here before. And before. And before. […]
