In today's class, we looked at how the week ended and the signals it produced on the weekly chart. We discussed the likelihood that we are transitioning from a correction phase to a new bear market phase for S&P 500 and what real bear market rallies look like and when they occur.
This class reviewed the dividend increase announcements from the month of August. We recognized that there are a handful of names that could be interesting watch list candidates, now that the stock market pullback has allowed less-likely stocks to have higher yields. We then did a head-to-head match-up in the Real Estate sector, where Funds From Operations is an important metric.
This class showed no movements on the Factor Selector, but we did notice the persistently strong Low Volatility area. Many of the Utilities that make up that category were setting up as nice bullish bounce candidates today. We also discussed the oversold clusters across all four key U.S. equity markets yesterday, with the hope that it can lead to a short term bounce. We ended class with three new trade ideas.
The purpose of this session is to answer questions from students regarding topics taught in Brandon Van Zee's weekly classes. The goal is to help you apply the learning you receive to your own portfolio as you watch Brandon apply the same concepts in his class portfolios. Stocks discussed: CCOI, VZ, SMG, IFF, PXD, CVX, SWK, and WBA.
In today's class, we discussed new emerging bullish evidences that suggest we may be starting a new intermediate trend. We looked at multiple bullish confirmation signals and talked about reconciling how to navigate bullish trends at their starts before confirmation signals occur. We also discussed the reason for recent volatility
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