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Update on Market Internals and The Buy The Dip Mentality

Cory
November 22, 2017

Last time I chatted with Dana Lyons two weeks ago he pointed out that the market internals were weak as only a few stocks were leading the markets higher. We revisit the internals today and see that after the little bit of weakness last week they are now much stronger. With more stocks leading this rally to another all time high the overall mentality continue to be buy the dips! We also quickly discuss the USD chart and some resistance and support levels.

Click the links below to visit Dana’s sites.

Click download link to listen on this device: Download Show

Discussion
2 Comments
    CFS
    Nov 22, 2017 22:04 AM

    The beat goes on……Corruption ubiquitous.

    https://www.bloomberg.com/news/articles/2017-11-21/tax-loopholes-for-wall-street-s-wealthiest-loom-in-house-bill

    Hint Bloomberg. If there is any loophole, it did not get there by accident.

    Nov 22, 2017 22:16 PM

    A Happy ( Real Sheeple TV ) Thanksgiving ! USA ! https://www.youtube.com/watch?v=e2zyjbH9zzA