Pages

Search This Blog

Wednesday, August 31, 2016

Signs of Market Topping?

Here comes another possibly futile exercise in chart reading.



All four major indexs, the dows, s&p, nasdaq and nyse composite are showing signs of selling off with increase volume.

Perhaps, at the very least, it is time to take profits on stalwart or slow grower stocks, particular those that are on leverage.

No comments:

Post a Comment

September 2024 Portfolio Update

As I wrote, Alibaba just closed another 7.3% up in one day. CSI300 index went up about 7.21% itself (at one point, it was 10%). "The bo...