Did you know what the market was going to do today based upon the inflation numbers announcement? Of course not! But the important aspect of investing is knowing what to do based upon what they specific stock charts are revealing. This allows for the correct decisions. Note numerous uptrending charts opened lower but are currently trading above where they opened. And also note that some stock prices opened lower and continue to trade lower. This would have indicated which positions to close out immediately and which positions to hold and watch to see what the daily reaction will be.
September 13th Daily Market Comments
Did you know what the market was going to do today based upon the inflation numbers announcement? Of course not! But the important aspect of investing is knowing what to do based upon what they specific stock charts are revealing. This allows for the correct decisions. Note numerous uptrending charts opened lower but are currently trading above where they opened. And also note that some stock prices opened lower and continue to trade lower. This would have indicated which positions to close out immediately and which positions to hold and watch to see what the daily reaction will be.