Back in mid-September, we covered the “Descending Triangle” pattern. As regular readers know, this is a continuation pattern, which means the breakout from the consolidation is typically in the direction of the market’s prior trend.
Stocks have been slaughtered this year… The S&P 500 is still down over 22%, while the Nasdaq 100 is off nearly 35%. One strategy for avoiding this drawdown was to reduce overall exposure to the
Stocks are generally organized by sector. For example, the S&P 500 is typically broken down into 11 different sectors. These include, information technology, health care, financials, industrials and several others. From there, stocks are organized
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