Comments on: Tech, Healthcare, & Financials Sector Analysis 1-27-23 https://rightsideofthechart.com/tech-healthcare-financials-sector-analysis-1-27-23/ Stock Trading, Investing & Market Analysis Mon, 30 Jan 2023 16:01:16 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: HermonMunster https://rightsideofthechart.com/tech-healthcare-financials-sector-analysis-1-27-23/#comment-26126 Mon, 30 Jan 2023 16:01:16 +0000 https://rightsideofthechart.com/?p=210511#comment-26126 In reply to Imadaytr8r.

In the last 6 weeks, when was there a buy signal? I’m only seeing 2 locations on the /NG chart. Once at around 3.65 on 1/5 or 1/6 and about now where the price is at the trend line going back to August last year

https://i.imgur.com/jQRJtIc.jpg

]]> By: rsotc https://rightsideofthechart.com/tech-healthcare-financials-sector-analysis-1-27-23/#comment-26124 Mon, 30 Jan 2023 15:37:44 +0000 https://rightsideofthechart.com/?p=210511#comment-26124 In reply to Mikeflegel.

TSLA along with the other 5 or so top $NDX components that I just posted this morning (Monday) all offer objective short entries right now. I’ll LYK if & when I think they are buys again but there is a decent chance that their bear market rallies may have ended at the highs on Friday.

]]> By: Imadaytr8r https://rightsideofthechart.com/tech-healthcare-financials-sector-analysis-1-27-23/#comment-26123 Mon, 30 Jan 2023 14:29:00 +0000 https://rightsideofthechart.com/?p=210511#comment-26123 In reply to HermonMunster.

It’s been like this for almost 6 weeks! I think Hell would literally need to freeze over to put a meaningful dent in the supply! Tomorrow will be even a better buying opportunity. I’m surprised the industry hasn’t stopped all extractions so as to give the glut a rest.

]]> By: Mikeflegel https://rightsideofthechart.com/tech-healthcare-financials-sector-analysis-1-27-23/#comment-26122 Mon, 30 Jan 2023 06:13:25 +0000 https://rightsideofthechart.com/?p=210511#comment-26122 Randy, I missed the Tesla rebuy . What can you suggest for us now to do

]]> By: HermonMunster https://rightsideofthechart.com/tech-healthcare-financials-sector-analysis-1-27-23/#comment-26121 Mon, 30 Jan 2023 04:15:34 +0000 https://rightsideofthechart.com/?p=210511#comment-26121 /NG down 6% Sunday night. another buying opportunity.

]]> By: becky https://rightsideofthechart.com/tech-healthcare-financials-sector-analysis-1-27-23/#comment-26118 Sat, 28 Jan 2023 07:22:35 +0000 https://rightsideofthechart.com/?p=210511#comment-26118 Btw $NDAQ broke down and coming for a backtest

]]> By: Jeff Vandenburgh https://rightsideofthechart.com/tech-healthcare-financials-sector-analysis-1-27-23/#comment-26117 Fri, 27 Jan 2023 23:02:42 +0000 https://rightsideofthechart.com/?p=210511#comment-26117 It seems to me that the recent weakness in healthcare is due to rotation, as investors move from cash and safer investments and into higher-risk, higher-beta growth stocks. My fingers are crossed that there will eventually be a period at some point in the next year or so when all assets succumb to the final leg of the bear market. It will be hard for new owners of FAAMNG+T to ignore a sharp decline in the healthcare and financial sectors, never mind that they’ve decided to ignore higher interest rates after a full year of freaking out because of them. Sooner or later, all bear markets lead to a correlation of 1, don’t they?

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