The Chart to Watch for a Market Top in July!
ฝัง
- เผยแพร่เมื่อ 14 ก.ค. 2024
- The first quarter of 2024 was an "everything rally" with value and growth stocks alike moving higher. Q2 since the mid-April low for the S&P 500 has been a more narrow advance, with technology thriving and pretty much everything else struggling on a relative basis. Today we'll talk through our sector relative charts, including one chart that has a place of honor on our "Market Top Checklist" available to Market Misbehavior Premium Members!
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Dave helps active investors and financial advisors make more informed investment decisions, inject more discipline into their investment process, and enrich relationships with their clients. Feel better about making better decisions!
Dave is the Chief Market Strategist at StockCharts.com, where he helps investors minimize behavioral biases through technical analysis. He is a frequent host on StockCharts TV, and he relates mindfulness techniques to investor decision making in his blog, The Mindful Investor.
He's also President and Chief Strategist at Sierra Alpha Research LLC, a boutique investment research and consulting firm focused on managing risk through market awareness. He combines the strengths of technical analysis, behavioral finance, and data visualization to identify investment opportunities and enrich relationships between advisors and clients.
Dave was previously a Managing Director of Research for Fidelity Investments in Boston, a Past President of the Chartered Market Technician (CMT) Association, and started in the financial industry just after the March 2000 market top at Bloomberg in New York.
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The content in this presentation should not be considered as a recommendation to buy or sell any security. All information is intended for educational purposes only and in no way should be considered as investment advice. Some of the links in this description and in the video may be affiliate links, which means you pay nothing more and it helps me to make Market Misbehavior awesome! As an Amazon Associate, I earn from qualifying purchases. For full disclaimer, please see our website: www.marketmisbehavior.com/dis...
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Watching the market's ups and downs shows how quickly things can change. In the market, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...managed to grow a nest egg of around $87k to a decent $246k... I'm especially grateful to Loraine Souvenir tactics and strategies.
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It's unexpected to come across her name here. She understands every beginner’s intention and fix you to a trading course that matches your capacity, she knows her stuff! Her advice has been invaluable to my trading journey. Definitely worth giving a shot!
It's truly refreshing to see a comment about Loraine Souvenir. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure
Nice to see this here, Loraine's understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer.
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
I'm new at this, please how can I reach her?
After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery
Glory to God shalom.
With trading, technical analysis skills alone are not enough; discipline and emotional maturity are also crucial for success. The saying "time in the market vs. timing the market" is a good mindset to have during market fluctuations. Thanks to Renee Gilman insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Keep it up.
Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate.
On the grand scheme of things, once you understand the potential of trading, you can bet on it but I think people need the education to fully understand.
This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.
Building a good investment portfolio is more complex so I would recommend you seek Gilman support.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing..
The key is risk analysis. The markets are and has always been unpredictable. Thus the important point is not how much one might make but what one could lose. trading and holding on speculative stocks/Crypto and even great stocks can test ones ability in the arena of our ability to control ones loss aversion bias…buy high sell low…The market is overvalued by almost all measures like the CAPE and Buffett indicator. Speculation is high with things like meme stocks (are they dead yet?), our kitty dude, Ai dreaming and all.... It is all about how much one can lose during times like these. Does that mean don't invest, of course not but one must access the risk and have a way out if the tide goes out.....I've been engaged in active trading and managed to grow a nest egg of around 2.6B'tc to a decent 24B'tc....I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Francine Duguay program is widely available online.
I appreciate the professionalism and dedication of the team behind Francine’s trade signal service.
Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
It was quite challenging to understand the different trends on my own until i found out about Duguay. Trading made easy.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Katherine Miller
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Katherine Miller too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
she's mostly on Telegrams, using the user name.
Thank you! Hope you had a great 4th 🎆 🎇
Great info . Ive been looking for this kind of sector discussion. Well done thanks
Great analysis. Personally, I don't get cute with plays by sectors. Since I was a kid I'd seen too many money managers mia culpa interviews explaining away why their binary choice didn't play out and left them vastly underperformed. Always seemed like a tool in a money managers kit to pretend there was a reason to pay them 2/20. I'll stick with ETFs and tech for the main dish and occasional seasoning like tsla or tlt as the opportunity calls.
I agree we're getting an 8 to 12% correct in early August through October. I'm closing half my VAR end of July
Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in May
How please
I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance
She's my family personal Broker and also a Broker to many families here in the United states, she is a licensed Broker.
😱Sounds familiar, I have heard her names on several occasions.. And both her success stories on wall street journey!
Great vid as usual David! Many thanks! 👍
Thank you for the great sector analysis!
I have been watching at least 1-2 of your videos every week and I love your perspective and learn a lot. I think for the rest of the year, gold/silver along with GDX, SLV, etc will be the top performers. What do you think?
Mr. Keller, it would really help if there were a way to block the scammers trying to lure people away to other social media sites.
TH-cam is great at censoring & shadow banning my comments, but they don't seem to have figured out how to deal with actual scam bots 🤦🏻♂️
I’m 52 hoping to end the rat race by 60 with above $1M. I know money is a liability to be exchanged for assets with real value like real estate (properties for rent) stocks (dividends) bonds (interest) But, what is it with bitcoin? I hear a lot about it and I'd love to diversify my portfolio.
look at the charts, bitcoin has outperformed every stock and banking product ever developed even after multiple pullbacks over the last decade. not a financial advisor but I know what i'm saying
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Evelyn Infurna. I am at $128k right now and LOVING that you have to bring this up here
i'm blown away! more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one... they all seem to be involved in either real estate, stocks, or crypto
Can't share much here, I take guidance from Evelyn Infurna a renowned figure in her industry with over two decades of work experience. I'd suggest you research her further on the web.
SHE’S MOSTLY ON TELEGRAMS APPS WITH THE BELOW NAME.
Thank You Sir
I like the abc looking pattern on xlre daily. It's a good green candle or two away from trending (per adx) on the daily
I could not care less about stocks or sectors! My trading system is for trading SPY options only. Right now I am fully invested in high delta SPY calls, and I do not expect a major reversal for at least a year or two.
David, this is interesting but what you don't say is the following: do defensive sectors move before, at the same time or after the leading growth sectors, like tech, start to decline. The most relevant question to a trader or investor is, if you see the defensive sectors start to move up before tech starts to sell, would you make a profit by selling some or all of your holdings in tech. And how if you gave specifics, like how much would the defensive sectors have to move before you made a trading decision. Without specifics it's just a guess.
Namaste!
I'm thinking we hit the short-term top today, especially looking at the NASDAQ close 😮 Today was the day to buy some insurance
SCHD has recently reshuffled its holding in line with your analysis about defensives. Interesting...
very valuable information on sector trends. Thank you. Since the mag 7 is such a big contributor to the overall market why don't we separate them out against the entire market when looking at asset allocation modeling. Its all good when riding the rocket ship to the moon only because it helps elevate all other stocks. So the higher they go it just over values the entire market?? Crazy. The only thing to stop this market frenzy F.O.M.O. is for The large stockholders of mag 7; State Street, Blackrock and all other big institutionals owners to start selling. Since Nov 23 that has not happened. Their greed is what will eventually cause the market downturn.
Awesome sector analysis!
🙋🏼♂️ Question: why is the XLP (consumer staples) showing weakness when Costco, Walmart and Colgate have seen new record highs?
Excellent I believe there will be a correction but the problem is it’s an election year and I believe they will decrease interest rates
Dave, are these relative strength sector charts provided to StockCharts members in the preset "DK-morning" charts folder(s)?
gt video. the sectors with spy comparison are exemplry, however, the experts say the juky is strong month and august may be a good mont die to presidential election.......what is your experience say?stay safeband have a nice week end
Think you can jam any more commercials in here
That bear lurking behind you so sus 🧐
what about XLF?