Relax, the market isn't going to crash. Here's why.
The full post can be found here.
Why the stock market isn't going to crash
June 30, 2021 at 16:12 PM EDT
Mid-week market update: I've had a number of questions from readers about the warnings of imminent market declines from SentimenTrader. In this post, Jason Goepfert's headline was "This Led to Declines Every Time in the Past 93 Years". He highlighted the market's poor breadth, as measured by the percentage of stocks above their 50 dma.Going back to the mid-1920's, there have only been a handful of dates with breaks like this. It happened in 1929, 1959, 1963, 1972, 1998, and 1999, and all of them ended up preceding losses in stocks.
Relax, the market isn't going to crash. Here's why.
The full post can be found here.
Relax, the market isn't going to crash. Here's why.
The full post can be found here.
