RE: Stan Weinstein's Stage Analysis
(2018-07-28, 06:43 PM)BarnabeBear Wrote: Thanks a lot, D !
Agree with your subsector analysis, + looking at the industry sectors a little correction on the techs was overdue lately. But the financials and industrials taking the lead (instead of tech and dicretionary consumer) does not feel like the beginning of a bear mkt but rather like a logical rotation within the cyclical sectors. The dance is not over yet.
See you next week!
Hi Mr.Bear
I though about that also being a possibility, sector rotation.
What do you make of the NYSE AD line and the Momentum index? Stan looked for guidance there..Â
Here was my analysis on it https://youtu.be/viYpgmo4qso
Recap =>Â neg. divergence with $spx (money rolling from riskier to bluechips) + appoaching negative territory...
Regards,
Patrick