When I turned bullish in mid-January 2019 (see A rare “what’s my credit card limit” buy signal and Ursus Interruptus), my model portfolio became overweight equities in the snapback rally. Mid-week market update: Since my publication detailing the Zweig Breadth Thrust buy signal (see A rare “what’s my credit card limit” buy signal), I have been inundated with questions about the possible twists and turns of the market after such a signal. It compares where the market has gone against real time data to identify overlaps between the two. The fly? Ken Romanzi, or more accurately, the sudden departure of CEO Ken Romanzi, in mid-November with no real explanation given. My inner trader uses a trading model, which is a blend of price momentum (is the Trend Model becoming more bullish, or bearish?) and overbought/oversold extremes (don’t buy if the trend is overbought, and vice versa). They will support you get begun to move towards getting more money.
Find out everything you need to know about stimulus checks and child support here. Ciitigroup has support at $2.61 and then $2.40. Citigroup Inc (C:NYSE) – Citigroup gapped above the $5.37 resistance level but then sold off throughout the morning on Friday. The question then becomes one of what subsequent returns were and how much can we rely on ZBT to take action in our portfolios. It all depends on how much its prospects are worth. Here is the track of Humble Student of the Markets, where we are neither perma-bulls nor perma-bears. There were so many trendy boutique s that were breaking out Wednesday that it was difficult to keep track of them all. There is still room for stock prices to rise as tensions and risk levels fade. A similar dynamic occurred in two other periods dating back to the 1930s. But commodity prices are still on the decline now, and have been since the financial crisis. It is only now stepping back that you realise – what a legacy.