Fewer Than 20 Stocks Advance Is this Bad
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=It9PRG2YyQw
On Monday, October 21, fewer than 20% of the S P 500’s holdings advanced on the day. • Yet, the index was just barely negative. Is this is a sign of more weakness? • We’re going to find out today. • Timecodes • 0:00 - Intro • 0:38 - The worst breadth day in six weeks • 2:24 - Sub-20% breadth days since Oct'23 • 7:45 - Breadth - another perspective • 9:23 - Short-term • 10:40 - Daily bullish patterns • 11:13 - Drawdown scenario • --------------------- • Are you a professional money manager, trader, financial advisor or private investor who values chart-based trading ideas? Let's connect. • Before founding CappThesis in 2022, I spent: • ✔️25 years working on Wall Street • ✔️16 years as an equity sales trader • ✔️6 years as a technical analyst • ✔️2 years as a desk strategist • ✔️1 year as a research sales specialist • What clients are saying: • 👏 Frank has developed a truly distinctive offering that provides unparalleled value. • 👏 Frank’s perspective is amongst the best I have found for an ETF centric investor. • 👏 In my over 50 years of investing and listening to advisors, Frank is one of the top ones I have ever experienced. • If you want to: • 💥Stay on top of the market’s trends • 💥Be informed of key chart patterns • 💥Receive timely reports every day • 💥Gain insight from our trend-following process • Then let's talk about how we can best help you. • Reach out to me to here: • [email protected] • Links: • CappThesis • https://cappthesis.com • X • / frankcappelleri • LinkedIn • / frank-cappelleri-cfa-cmt-a319483 • Instagram • / cappthesis
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