Stop Ignoring the Market’s Warning Signs

 
August 7, 2020
 
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Bubble or No Bubble
No one wants to say that the market is in a bubble, and I get it.

The term has been overused.

But as I watch the S&P 500 and NASDAQ drift higher, I can't help but notice traders throwing themselves into the same stocks and really driving their prices higher.

To be a successful trader in this market, you cannot just sit by and ignore the warning signs.

Heed this warning

 
How These "Timeless" Companies Are Handling The Financial Crisis
There are many people out there who are suffering financially right now, but this economy isn't just affecting individuals…

In the business world, the greatest impact has been on what I consider to be "unnecessary" companies. These are usually the ones that offer us our WANTS instead of our NEEDS. Companies like Brooks Brothers. These are what I consider to be "wants" companies.

On the other end of the spectrum are the 21st century companies that offer us at-home convenience. Selling us products we can use everyday. This is why online giants like Amazon are continuing to see their numbers go up.
Let's talk about it
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A Head and Shoulders pattern is a chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest. The head and shoulders pattern is a specific chart pattern that predicts a bullish-to-bearish trend reversal and is believed to be one of the most reliable trend reversal patterns.
 
 
 
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