Hi everyone, I hope you are having a great weekend! In this post I’ll concisely share my thoughts on the market health and share my top screen results. If you find it useful please make sure you are subscribed!
Decent action in many individual stocks, but would feel much better if breadth was better across the market.
Back when the S&P 500 traded at this level at the start of February, 80% of stocks were trading above their 50-day MA. Today, that figure is only 42%. Hoping it resolves higher, but cautious on position sizing until it does.
Sell in May and Go Away or are Opportunities Arising?
Decent action in many individual stocks, but would feel much better if breadth was better across the market.
Back when the S&P 500 traded at this level at the start of February, 80% of stocks were trading above their 50-day MA. Today, that figure is only 42%. Hoping it resolves higher, but cautious on position sizing until it does.
If suitable, can you look at AXON. Thanks
Sell in May and go away might be back in vogue.