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Greetings traders, I'm spending some time in Greece, where it is HOT! But I'm still making the most of it, accomplishing a lot. I did take an hour away to give my updates on the market, though, in a video that has traditionally been exclusive to my members in the UK. But I've recently decided to start sharing these videos with you! In fact, I'm trying to provide you with more of my personal analysis in the market so that you can understand what I think and how I analyze things! And I'm starting with this video: | |
It had been a good six days for the markets up until Friday, where SNAP and TWTR sucked some, though not all of the goodwill out. The major indices are all above their 50-dma's, and while that may turn out to be temporary, the recent action continues to support my assessment that the markets are in a phase (I believe an early one) of making a base. Remember, this could take many months, so lets not get carried away. But as you'll see today with a stock like VERV, which I've been mentioning every week since 26th June, there are stocks that lead, and VERV has doubled since that first mention. For more of my outlook on everything, check out the video. | |
I hope you enjoy what you see and get a lot out of it. Look forward to seeing these kinds of updates more frequently going forward! All the best from across the pond, Guy Cohen | |
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