The stock market continues to make new all-time highs and investors continue to scratch their heads.
There’s plenty of room for a pullback, but the broader trend of the market is bullish and moving higher.
Beyond that, it is our job to look at the macro picture and discuss the current health of the market.
In this weekend’s video, we channel the wisdom of famed investor Jesse Livermore. His success came from an understanding and mastery of the market’s broader moves and trend (the big money is made here).
We will look at the current backdrop with moving averages and charts of the S&P 500 (INDEXSP:.INX), NYSE Composite (INDEXNYSEGIS:NYA), Value Line Geometric Index (INDEXNYSEGIS:VALUG), and more.
Weekly Stock Market Video – 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.
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.
