August 24th Market Wrap-Up

Candlestick charts provide immense information about price movement that no other charting technique offers. It cuts through the rhetoric of the so-called experts as far as what the market trend or an individual stock trend is likely to do. It is not conjecture! It is the actual buying and selling decisions of investors. NVDA would be the big market mover, with solid revenue and strong earnings. But the bearish belt hold signals it produced today told you the true decision process of investors. The Candlestick Frum teaches investors what to identify as robust, bullish, or bearish signals and what price movement expectations occur because of those signals. For example, MRVL beat earnings by a penny. But in market conditions where the bearish sentiment is in control, the charts will react differently than if a stock beats earnings by a penny during an uptrending market. This is why understanding what is occurring in investor sentiment is much more critical than Anticipating what the fundamentals are doing. Join us for a two-week free trial to understand the common sense logic of candlestick charts.

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Good Investing,

Stephen Bigalow

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