RADIO SHOW 3/27
SOURCE: https://archives.warpradio.com/btr/investorsedge/032718.mp3
SOURCE: https://archives.warpradio.com/btr/investorsedge/032718.mp3
Another decent gap to the upside this morning. Yesterday saw a much larger gap. “STOCKS REBOUND AS TRADE FEARS EBB!” That’s the type of headline we are seeing this morning. There always has to be a reason. But yesterday, Mnuchin stated they are going forward with tariffs. Yes, there were rumors we were negotiating with…
S&P almost to the penny hold of 200 day average which also held Feb 9. A bunch of potential double bottoms. A drop, a retest, a rally. Beta went nuts. Gap to the upside into end of quarter…which we warned you about. End of quarter moves off of oversold conditions can be vicious. We suspect…
SOURCE: https://archives.warpradio.com/btr/investorsedge/032618.mp3
We left out one other rule from last night’s report. We cannot believe we forgot this one: In bearish markets, rallies are sharp, quick, noisy, make you feel good, suck you in and bury you soon after. That said, a 1.5%-2% gap to the upside this morning off of the rumor/news that the U.S. and…
It’s time to repeat the rules you had better follow as bearish market action is much different than bullish market action. We have no interest in waiting for the pundits to call a bear market as they wait until markets are down 20%. Markets are made up of thousands of stocks, a couple hundred sectors,…
SOURCE: https://archives.warpradio.com/btr/investorsedge/032318.mp3
While markets try to find their footing after another nauseating drop, we have alerted you to put energy/oils front and center for the first time in a while. While they came down yesterday in the 700 point drop, they are right back up again as oil prices head north. Just seeing a lot of bottoming…
Futures were way down overnight but are now flattish. One would like to know what the short term holds. No clue. Don’t know. Quite random. Was actually asked what I thought would happen today.. No clue. Don’t know. Quite random. But we do know the big picture worsened…simple as that…and whether we get a bounce…
SOURCE: https://archives.warpradio.com/btr/investorsedge/032218.mp3