266 calendar days ago, I shared a weekend update video with all of you discussing why the charts were telling us to be open to “a life-changing rally in stocks”.
It’s important to take the market day to day and week to week (open mind), but also to follow the trend.
The charts point us in the right direction, and we have to be open to that… especially when they continue in the same direction.
Given the market has rallied significantly since then, it is prudent to circle back and review the charts to find out where the market rally is at and if the data is beginning to say that this thing is almost over.
In the video below, we put the bull market hypothesis to the test and discuss what the charts are saying now. Please feel free to provide comments or questions below.
After you click play, use the button in the lower-right corner of the video player to view in full-screen mode. Hit Esc to exit full-screen mode.
Thanks for watching and have a great week investors.
Twitter: @CiovaccoCapital
The author or his clients may hold positions in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.