Comments on: Stock Market Breadth & Volume Indicators 6-26-24

By: Ahmar1977

Ahmar1977 — Fri, 28 Jun 2024 15:46:21 +0000

@rsotc, please take a look at this HeikinAshiDiff indicator by thinkorswim. I find it pretty useful and easy to use. When both lines are below zero, it indicates the stock is in a downtrend. Conversely, when both lines are above zero, it signifies an uptrend. I’d really like to hear your opinion on this indicator and whether you can see any divergence in it.

Here is the link to the indicator: [HeikinAshiDiff](https://toslc.thinkorswim.com/center/reference/Tech-Indicators/studies-library/G-L/HeikinAshiDiff).

Thanks!

By: trade0039

trade0039 — Fri, 28 Jun 2024 13:59:36 +0000

Thank God I went long on Q’s. Just wanted to try to do just the opposite Randy says in the Indices.

So far since 2022, he’s been wrong more than 80% to 90% of the time so lets see if this strategy works.

I will update you guys if its a winner or loser with target at 10% and SL at 5%

By: Jeff Vandenburgh

Jeff Vandenburgh — Fri, 28 Jun 2024 06:53:42 +0000

Interestingly enough, Adam Taggart also interviewed Fred Hickey in March of last year. The title of that video was “2023 Is Going To Be Another Bad Year For Markets.” But was 2023 a bad year for markets? Or has Fred Hickey been consistently bearish on stocks for years? Could it be that he’s just another perma-bear like yourself, Randy? I think so. In fact, if you research Fred Hickey over the last decade, even though he uses the work “technology” in the name of his newsletter, he’s never been bullish tech stocks. And worse, NVDA has been his most hated, most bearish pick for at least the last 6 years. The only asset he consistently promotes is gold. In other words, he’s like every other perma-bear doomer out there, making his actual profits off of selling his bullshit, not from ever being right about markets.

By: Jeff Vandenburgh

Jeff Vandenburgh — Thu, 27 Jun 2024 16:18:19 +0000

In reply to HermonMunster. I think more market-moving than the debate will be Friday's PCE and quarter-end rebalancing.

By: HermonMunster

HermonMunster — Thu, 27 Jun 2024 03:17:27 +0000

Hey folks, reminder that the presidential debate is tomorrow. If either one craps the bed, it will be super market moving on Friday.