October is bad for stocks. $SPY $DIA $QQQ $VXX $UVXY $GLD $IWM
코멘트:
DOW hits 20 Day and SPX hits 50 Day SMA. We may pause here for a moment.
코멘트:
Hanging out on 50 day SMA.
코멘트:
Ugly -600 point day.
코멘트:
We haven't seen this type of volatility since early February, and it is apparently for the same reasons. The lesson is that when bonds start to make new 52 week lows rapidly that the rate shock hits the stock market about 1-2 weeks later.
코멘트:
We are nearing the base rail of the fork. This could present some buying opportunities as October is generally a large bottom in the market into the Xmas rally.
charts.equityclock.c...index-seasonal-chart
charts.equityclock.c...index-seasonal-chart
Find the edge.
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Website: www.daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
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Telegram: t.me/mortdiggiddy
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