Ever since the S&P 500 fell into bear market territory — a 20% drop from a recent all-time high — earlier this week, everyone’s been asking Senior Strategist Roger Scott where the bottom is.
Well, let ‘s start with this…
There are several factors pointing to a market bottom right now. But when Roger is looking for any kind of extreme move up or down, what he tends to look for most is divergence.
If you don’t know what that means, divergence is when the price of a stock is moving contrary to a technical indicator or other data.
When he sees more and more assets start to diverge or get out of whack, it’s a real big turning point…
Those of you who’ve been watching for a while know that I like to say the first move after the Federal Open Market Committee’s latest meeting is usually the wrong one…
Before I head out on vacation, I want to discuss one of my favorite pairs trades...
It involves two retailer stocks in particular, one of which I’m super bearish on that many of you may own because it’s a popular stock, so I figured it would be a good time to discuss it: Target.
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