|
| This past week ended with a surprise sell-off on Friday, catching investors off guard after the stock market opened higher that morning. This past week, I also went public about a new ETF pairs trade I have going on.
But, guys, it's been months since the last time I've seen such bearish action on the overall market.
For the stock market to open higher than the previous day's highs, and then close at weekly lows, that's a sign of market distribution — i.e. widespread stock selling.
I'll be watching closely early this week to see how solid the rallies are and if they fade into late afternoon selling… and you should be too.
If this pattern continues, we're in for a doozy this week...
Which is why it's imperative to get in on the right side of this pairs trade while you can. | | |
|
|
Jeff Z | Jeff Zananiri spent over two decades on Wall Street learning how the best made consistent money in the market. | | |
|
0 Response to "An ETF Pairs Trade to Play This Market Sell-Off"
Post a Comment