Thanksgiving Day
Due to the market holiday, Market Scholars will not be offering any classes today, tomorrow or Saturday morning. Also, there will not be a Market Outlook video for Thursday or Friday.
Due to the market holiday, Market Scholars will not be offering any classes today, tomorrow or Saturday morning. Also, there will not be a Market Outlook video for Thursday or Friday.
This class discussed the rotations on the Factor Selector. Interest rate sensitive categories are still lagging on a relative basis, despite a slight drop in rates. We've seen that "risk-on" categories like Momentum and Low Size are coming to life. We discussed the drop in oil prices and were thankful that our Energy stock was at the highest level since our entry. We ended class with three new swing trading ideas.
In today's class, we talked about the red flags showing up this week in the past 3 week's move and how it compares to previous similar rallies - especially over the course of other corrections and bear markets. We also discussed the likelihood of a new intermediate pullback that is due and what signals suggest it's likely.
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