Stan Weinstein

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US MARKET BREADTH: Some People Say the Stock Market Has Bottomed – But Has It?

The stock market saw another week of heavy selling, taking multiple indexes down to extreme levels, with liquidation type selling across the board, even in previous safe havens such as treasuries and spot gold. Although there was some respite with a strong relief rally on Friday at the end of the day, recovering around 10% in some of the major indexes.
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US Breakout Stocks Watchlist - 23 February 2020

Gold stocks dominated the weekend scans with volume coming into multiple stocks in the precious metals miners, and so per the "Forest to the Trees" Approach in Stan Weinstein's Stage Analysis Method, we should be focusing in on the sector and looking for the strongest stocks for potential trades if they are setup right.
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