RE: US Stocks and ETFs - Watchlist and Discussion
(2019-08-25, 10:46 AM)isatrader Wrote:(2019-08-24, 02:42 PM)briansmith456 Wrote: MCR.V looks like it is about to break out unless I am missing something.
Potentially, but it is in the weakest sector - energy, and the market breadth is weakening too. So, I always go back to page 75 in the book, which highlights the Forest to the Trees approach. Re-read that, and you'll know what the method recommends.
Good point. I wonder how it managed to do so well in a sector that has been collapsing for many months now.