Saturday Review’s recording (for 10/15/16) …
Last week’s pattern did some real and lasting damage to the chart. There’s a path higher — there’s always a path higher — and we discuss how to recognize it in this weekend’s Saturday Review. But there’s no durable path higher, not without first neutralizing newly-created “unfinished business below.” And the process of doing that has potential to tumble deeper and deeper. Saturday Review details that unfinished business and the deeper potential.
The following stock requests were reviewed in this order:
BAC, CMG, BREW, DUST, GDXJ, VRX
10/15/2016 09:31:48 Rod David: Starting a couple of minutes late…
10/15/2016 09:35:08 Mark Glezer: gm
10/15/2016 09:55:51 Mark Glezer: NDX was up 43+ & erased all of it
10/15/2016 09:56:33 Mark Glezer: flat open would favor downside on Mon?
10/15/2016 09:58:06 Mark Glezer: BAC
10/15/2016 09:59:09 ljr mobile: $CMG, BREW, DUST,
10/15/2016 10:00:37 Mark Glezer: maybe CMG has been going down since I haven’t been there in awhile
10/15/2016 10:01:25 Mark Glezer: :)
10/15/2016 10:03:13 Mark Glezer: VRX
10/15/2016 10:03:40 Mark Glezer: still trying to anticipate a big drop
10/15/2016 10:06:09 Mark Glezer: off its own weight?
10/15/2016 10:06:43 ljr mobile: XLF if you have time… Thx
10/15/2016 10:07:31 Mark Glezer: thx much