Top-Down Trend Trading – Recorded
This class discussed last week's huge rally, it's biggest in a year. We reviewed the post from the previous week's class showing just 15% of stocks in the S&P 500 trading above their 50 day moving average. The number has moved to 47% in just five trading days. We bought a half position in one of our top current holdings, we sold an oil stock, and we bought a utility company.
