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Livestox, May 28 2015 – If, Then… Market Timing

Livestox, May 28 2015

By Rod David | May 28, 2015 - 2:52 pm

Livestox started with a discussion of OXIS. The stock had been testing support for quite awhile without ether recovering or extending down. But it was probing lower. And it was probing lower at the same time while it was being touted. So, I warned at the time that when news and price diverge, usually it is price that knows more than news.

Then the stock lost 50%.

I applied this to the stock market. A trading range since February (if not earlier) has been accompanied by “good” news that would enable a favorable environment. But the trading range persists. Price probably knows more than the news.

We also discussed Oil and Gold, and the following stocks (including the five that this week”s Universe focused on):

OXIS

USO

GLD

VAPE

TAUG

STEV

TRTC

CGRW

ENDO

PLPL

THCZ

TURV

Posted in Bigger Picture