Top-Down Trend Trading – Recorded
This class reviewed some market breadth numbers that are not part of our typical routine. We discovered only 15% of stocks were trading above their 50-day moving averages in the S&P 500. We also discovered that just 8 stocks were at 52-week highs within the Market Scholars 1000 list (compared to 230 52-week lows). We ended class with an analysis of two ETFs and a common stock from the Insurance industry.
